Medical Shop Bangalore

Ranbaxy's Journey over the Years

In 1937, cousins Ranjit Singh and Gurbax Singh started as Indian distributors of vitamin-drugs for Japanese pharmaceutical company in Amritsar. Jun 30, 2014
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Ranbaxy to Make Generic Diovan Drug in US

Ranbaxy Laboratories Ltd has received the nod to launch a cheaper version of Novartis AG's blood pressure and heart attack treatment pill Diovan, from US Food and Drug Administration (FDA), amid acquisition process by Sunpharma for $4 billion. Jun 27, 2014
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BSE closes points 37.25 up on June 27

New Delhi, June 27 (ANI): Trading at the Bombay Stock Exchange today closed 37.25 points up to stand at 25,099.92. At the National Stock Exchange the Nifty closed 15.60 points up to stand at 7,508.80. Havells India and HDIL were among the top gainers of Group A with an increase of 6.21% and 6.09% along with Divis Lab and Future Retail with an increase of 5.99% and 5.78% respectively, while the top losers of Group A include Indian Hotels and Ashok Leyland with a decrease of 4.83% and 4.62% along with Bharat Electronics Ltd. and National Aluminium Co.Ltd. with a decrease of 3.98% and 3.75% at the close of the markets. The Auto sector is down 82.08 points at 15,198.27 while the banking sector is down 79.98 points at 17,181.74 and the realty sector is up 16.26 points at 2,055.57.The Indian currency is down 0.07% at Rs 60.10 per dollar. Jun 27, 2014
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Finance Secretary highlights need to instill confidence in investors to boost economic growth

New Delhi, June 24 (ANI): Finance Secretary, Arvind Mayaram, on Tuesday laid emphasis on the need to boost investors' confidence to bring the country back on the path of growth and to spur economic expansion to its potential level. India will likely raise the foreign investment limit in government debt soon, as almost all the allocation has already been taken up as overseas buyers pile into the country's financial markets. The finance ministry will decide on the matter after consultations with the Reserve Bank of India and capital markets regulator Securities and Exchange Board of India. Mayaram said he is hopeful that the government would take adequate steps to boost overall growth rate. Jun 24, 2014
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BSE closes points 337.58 up on June 24

New Delhi, June 24 (ANI): Trading at the Bombay Stock Exchange today closed 337.58 points up to stand at 25,368.90. At the National Stock Exchange the Nifty closed 86.85 points up to stand at 7,580.20. Petronet LNG and Gujarat State Petronet Ltd. were among the top gainers of Group A with an increase of 7.73% and 7.58% along with HPCL and Jubilant FoodWorks Ltd. with an increase of 7.10% and 6.97% respectively, while the top losers of Group A include MCX and Piramal Enterprises Ltd. with a decrease of 3.07% and 2.87% along with Marico and Kotak Mah Bank with a decrease of 2.08% and 1.70% at the close of the markets. The Auto sector is up 182.10 points at 15,169.33 while the banking sector is up 261.60 points at 17,534.65 and the realty sector is up 63.62 points at 2,078.65. The Indian currency is down 0.12% at Rs 60.13 per dollar. Jun 24, 2014
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Air India joins Star Alliance group

New Delhi, June 24 (ANI): Civil Aviation Minister Ashok Gajapathi Raju on Tuesday announced the alliance of Air India with the Star Alliance group. The government expects that the step would help the ailing national carrier come out of its losses. Ending a seven-year-long wait, the Star Alliance Chief Executive Board (CEB), at its meeting in London on Monday, gave an endorsement vote to induct Air India into the fold. Jun 24, 2014
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BSE closes points 74.19 down on June 23

New Delhi, June 23 (ANI): Trading at the Bombay Stock Exchange today closed 74.19 points down to stand at 25,031.32. At the National Stock Exchange the Nifty closed 18.10 points down to stand at 7,493.35. Indian Bank and Syndicate Bank were among the top gainers of Group A with an increase of 10.24% and 6.57% along with Mangalore Refinery and ONGC with an increase of 5.98% and 5.15% respectively, while the top losers of Group A include ITC and United Spirits with a decrease of 5.92% and 4.00% along with Kotak Mahindra Bank and Reliance Infrastructure Ltd. with a decrease of 3.83% and 3.12% at the close of the markets. The Auto sector is up 117.15 points at 14,995.46 while the banking sector is up 76.27 points at 17,273.05 and the realty sector is up 9.01 points at 2,015.63. The Indian currency is down 0.01% at Rs 60.19 per dollar. Jun 23, 2014
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BSE closes points 274.94 down on June 18

New Delhi, June 18 (ANI): Trading at the Bombay Stock Exchange today closed 274.94 points down to stand at 25,246.25. At the National Stock Exchange the Nifty closed 73.50 points down to stand at 7,558.20. Bajaj Finance Limited and CRISIL were among the top gainers of Group A with an increase of 9.16% and 6.43% along with Piramal Enterprises Ltd. and National Aluminium Co. Ltd. with an increase of 4.31% and 4.08% respectively, while the top losers of Group A include Prestige Estates and Jaiprakash Associates Ltd. with a decrease of 5.97% and 5.28% along with Unitech and Indiabulls Real Estate Ltd. with a decrease of 5.21% and 5.18% at the close of the markets. The Auto sector is down 191.01 points at 14,936.02 while the banking sector is down 188.81 points at 17,424.01 and the realty sector is down 42.93 points at 2,003.40.The Indian currency is down 0.60% at Rs 60.39 per dollar. Jun 18, 2014
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BSE closes points 37.69 down on June 16

New Delhi, June 16 (ANI): Trading at the Bombay Stock Exchange today closed 37.69 points down to stand at 25,190.48. At the National Stock Exchange the Nifty closed 8.55 points down to stand at 7,533.55. MCX and Dish TV India were among the top gainers of Group A with an increase of 5.49% and 5.37% along with Strides Arcolab Ltd. and Reliance Capital Ltd with an increase of 4.97% and 4.49% respectively, while the top losers of Group A include JPINFRATEC and Suzlon Energy with a decrease of 5.65 % and 4.90% along with Federal Bank and Oriental Bank with a decrease of 3.34 % and 3.25 % at the close of the markets. The Auto sector is down 163.24 points at 15,031.83 while the banking sector is down 89.28 points at 17,220.59 and the realty sector is up 34.00 points at 2,028.75. The Indian currency is down 0.51% at Rs 60.07 per dollar. Jun 16, 2014
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Infosys won't be affected even if more top executives exit: NR Narayana Murthy

Bangalore, June 15 (ANI): NR Narayana Murthy while addressing last AGM as the Infosys chairman, said that Infosys has enough senior managers to run the business even if more executives leave, after a spate of staff exits triggered concerns about a leadership vacuum. Murthy played down the departure of at least 11 senior executives since he was brought back from retirement in June last year to help regain market share, saying some of them were low performers. Infosys shareholders are betting on Vishal Sikka, who will take over on August 1 from current CEO SD Shibulal, to turnaround the company by tapping opportunities in new technology areas including cloud computing and mobility. Jun 15, 2014