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DEPARTMENT OF HEALTH TAKEOVER
Venezuelans search more earthquake ruins as attention turns to humanitarian crisisVenezuelans are desperately searching for survivors after powerful earthquakes, with hopes fading as days pass. The cash-strapped governmen...- Death rate in ICE immigrant detention centers more than doubles under Trump, Reuters analysis findsFifty individuals have died in U.S. immigration detention since January 2025, a rate that has more than doubled since 2009. Concerns are ri...
- Rare earth mining is poisoning Mekong River tributaries, threatening 'the world's kitchen'Toxic runoff from unregulated rare earth mines in Myanmar and Laos is contaminating the Mekong River and its tributaries, threatening the l...
- UnitedHealth to buy LHC Group, a home health firm for $5.4 billionUnitedHealth estimated the deal's total worth to be $6 billion, plus the debt. The transaction is expected to end in the second half of 202...
- Panel for blanket ban on FDI in brown field pharma unitsThe committee demands caution on the issue from the government and reiterates its recommendation to impose a blanket ban in FDI in brown fi...
- Commerce Ministry seeks 49% FII, FDI cap in existing drug companiesThe Ministry of Commerce and Industry has proposed tighter overseas investment norms in existing drug companies by limiting all forms of fo...
- Planning Commission rejects DIPP proposal to limit FDI in pharmaThe Planning Commission has opposed a proposal by DIPP to limit foreign direct investment in companies making ‘critical drugs’ to 49%.
- FDI in Pharma: PM vetoes DIPP, clears decks for Mylan's $1.6 bn takeover of Agila SpecialtiesThe decks have been cleared for US-based Mylan Inc's $1.6-billion takeover of Agila Specialties, sending a positive signal to foreign inves...
- Parliamentary panel suggests blanket ban on FDI in brown field pharmaA parliamentary committee today suggested a 'blanket ban' on FDI in existing pharmaceutical companies.
- Health Ministry to check if Pharma FDI policy mars public healthHealth ministry will hold an inter-ministerial meeting to ensure that the existing FDI in the pharma sector is not at variance with the pub...
- FDI in pharma: PMO sends missive to finance, industry ministries seeking progress reportThe PMO has shot off letters to finance and industry ministries seeking a progress report on implementation of the changes in FDI in the ph...
- FDI conditions only for acquisitions of over 49% stake or management control: Pharma DepartmentThe department of pharmaceuticals told an inter-ministerial meeting last week that a putting these conditions on minority stake purchase di...
- Govt mulls restrictions on MNC buyouts of local pharma cosThe commerce ministry will propose conditional approval of buyouts of local drugmakers by global counterparts to ensure public health conce...
- Ernst & Young to assess impact of takeover of Indian drug companies by MNCsSrikant Kumar Jena said that recent takeovers of Indian companies by MNCs could increase the possibility of other takeovers of domestic fir...
- Ministers' panel to look into FDI in pharma sectorThe immediate trigger for the move was the acquisition of Ahmedabad-based Paras Pharmaceuticals by British consumer goods and healthcare fi...
- Looking into takeovers of Indian pharma firms by MNCs: GovtThe government said it has started inter-departmental consultations to look into concerns raised on takeovers of Indian pharma firms by mul...
- FDI curbs on only govt-aided pharma cosThe government has clarified that FDI in greenfield pharmaceutical projects will continue unhindered, but companies that receive government...
- Govt mulls tighter pharma FDI normsWorried over the spate of takeover of Indian pharmaceutical companies by multinational firms, the government has set up a panel to study th...
- Govt plans policy options to boost pharmaDIPP had recently initiated a public debate on whether FDI in the pharma sector had to be restricted.
- Small drug cos on anti-buyout driveConcerned about the recent spate of takeovers of domestic pharma firms by MNCs, small and medium players in the sector have decided to appr...
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