Four multinationals are in the race to enter opium trade, after having bid for a govt contract to build ultra-modern processing plant to pr...

State governments have agreed to the Centre’s proposal to slash purchase tax on opium by at least 50 per cent, in a move aimed at making co...

And now opium production too is set to go private with top players such as Ranbaxy, Cipla and Dr Reddy’s Labs vying for a piece of the pie.

A clutch of pharmaceutical majors, including Ranbaxy, Dr Reddy’s, Cipla and Nicholas Piramal, has formed a queue before the finance ministr...