India–New Zealand $20 billion FTA: List of sectors set to gain ground as the deal kicks inIndia and New Zealand have signed a Free Trade Agreement. This pact offers zero-duty access for most Indian exports. Key sectors like texti...
28 Apr, 2026, 06.46 PM IST
Legacy pharma firm which sold 'Swadeshi' dysentery drug to Afghans waits and watches after Taliban takeoverThe company, which started out in a small garage on Hare Street, was set up as a 'Swadeshi enterprise' meant to take on the stranglehold of...
05 Sep, 2021, 05.50 PM IST
Government has decided to close 2 pharma PSUs, disinvest other 3: GowdaThe government has also decided to strategically disinvest the other three -- Hindustan Antibiotics Ltd (HAL), Bengal Chemicals & Pharmaceu...
09 Feb, 2021, 09.37 PM IST
Government to divest stake in some pharma PSUs: GoyalThe government had in 2016 decided to close Indian Drugs and Pharmaceutical Ltd and Rajasthan Drugs and Pharmaceuticals Ltd. It had also an...
01 Jun, 2020, 07.13 AM IST
India's oldest pharma company Bengal Chemicals turns profitable after 64 years but faces privatisation bluesWith small tweaks' in working capital management, this company brought down input costs by 15-20% and financial discipline is yielding resu...
29 Jun, 2017, 07.00 AM IST
Cabinet okays sale of India's first pharma firmProceeds from sale of land, which would be done through open tender, will go towards meeting liabilities of the companies.
28 Dec, 2016, 10.37 PM IST
'No government firm under pharma department produces cancer drugs'None of the state-owned firms under the Department of Pharmaceuticals (DoP) produces any kind of cancer treatment drugs, Parliament was inf...
22 Dec, 2015, 04.13 PM IST
PSUs in pharma sector will not be sold: Ananth KumarPublic sector undertakings in pharmaceuticals sector will not be sold but their assets will be leveraged to make them financially viable, t...
05 Aug, 2015, 08.52 PM IST
- Government considering revival of Indian Drugs & Pharmaceuticals Ltd
The govt has already approved the rehabilitation scheme of HAL on March 9, 2006, which involves the cash infusion of Rs 137.59 cr.
11 Aug, 2011, 03.57 PM IST
- State owned pharma firms suffered Rs 1,500 cr losses in 3yrs
Three state owned pharmaceutical companies have suffered combined losses of over Rs 1,500 crore in last three financial years, Parliament w...
05 Aug, 2010, 07.44 PM IST
- IDPL launched three new OTC medicines
Pharma company IDPL launched three new over the counter (OTC) medicines including emergency contraceptive pill Mismis.
25 Feb, 2009, 04.09 PM IST
- Rs 761-cr package to revive IDPL ready: Paswan
A Rs 761-cr package has been prepared for pharma firm IDPL which would soon be presented before the cabinet for approval.
23 Feb, 2009, 04.57 PM IST
- Pharma PSUs exceed Q1 sales target by 20%
State-owned pharmaceutical companies have overshot their sales target for the first quarter by 20%, thanks to the fund infusion and mandato...
04 Sep, 2008, 01.01 AM IST
- PSU pharma cos may be kept out of price control for now
The government is planning to exempt PSUs such as Indian Drug and Pharmaceuticals, Bengal Chemicals and Hindustan Antibiotics from the pric...
23 Jul, 2008, 12.47 AM IST
- Govt provides Rs 315 cr aid to public sector drug firms
The government has provided Rs 315 crore assistance to three loss-making public sector drug companies over a period of three years from 200...
30 Aug, 2007, 06.40 PM IST
- Govt receives complaints from BDMA
The government is receiving complaints from bulk drug manufacturers that they are being seriously affected because of low-cost drug imports...
07 May, 2007, 03.35 PM IST
- Bengal Chem gets Rs 440-cr aid
Bengal Chemicals, the 114-year-old pharmaceutical company declared sick in 1993, has got a fresh lease of life.
17 Jan, 2007, 12.02 AM IST