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Sat, Nov 7, 2009
DRL develops generic version of Lipitor
Dr Reddy's Laboratories has succeeded in developing a copycat or generic version of Pfizer's Lipitor, the world's largest selling drug which has sales of over $10 billion. Ayurveda's healing touch draws big business
If the spiritual guru's Patantjali Yog Peeth Trust has set up one of the world's largest centres for Ayurveda in Hardwar with facilities for treatment, research and a university, the Tatas aren't far behind. India's largest conglomerate has tied up with an NGO, the Foundation for Revitalization of Local Health Traditions, to set up the Indian Institute of Ayurveda Integrated Medicine at Yelahanka near Bengaluru. BSNL to buy equipment from Huawei
State-run telecom service provider Bharat Sanchar Nigam Ltd has placed an advance purchase order with Huawei of China on mobile equipment for 20 million GSM lines in the south zone. The PSU is also in advanced negotiations with Ericsson for the north and east zone. Stop 'treaty shopping' denials for FDI, says FIPB
The Foreign Investment Promotion Board has pulled up the department of revenue for rejecting all foreign direct investment proposals in which funds are routed through Mauritius and said it has taken a conscious policy decision to overrule such objections.
Fri, Nov 6, 2009
MIT grad Mistry to make digital 'SixthSense' open source
If Pranav Mistry has his way, people around the world can build their own wearable 'SixthSense' -- which uses a camera that understands human gestures -- at a cost of less than Rs 15,000 ($300) by obtaining the software he developed for free in the next few months. India needs to build 500 new cities: Prof Prahlad
"India needs to build a minimum of 500 new cities urgently. However, it has to be done from scratch to accommodate people who are on the move and to provide them better quality life," he said. Nokia has designs on India
The handset maker's senior design specialist is touring the country to discover how Indians use cellphones. Jaipur oil mishap: IOC chairman must be fired
The current IOC chief should be fired because this fire occurred during his tenure. He should have ensured that safety audits are done seriously. If he is fired, his successor will take safety more seriously, says Sudhir Bisht. What makes real estate investments unique?
Real estate has a combination of characteristics that are not available through other asset classes, thus making it somewhat unique as an asset class. Sudha Murthy sells 2 mn Infy shares
Sudha Murthy, wife of Infosys chairman and chief mentor N R Narayana Murthy, who was instrumental in seeding Infosys Technologies almost three decades ago by providing her husband the initial capital, has done it again. Expansion: BSNL talks to vendors
"We are negotiating with the vendors on a fast track (and) hope to finalise it within a week or two," BSNL CMD Kuldeep Goyal told PTI. Backbone of Japan's IT industry? Indian engineers!
Indian systems engineers have emerged as the backbone of Japan's IT industry and more are flocking to the country which is witnessing a steep decline in its work force. A bleak future awaits India's retail chains
With govt still not keen on FDI, several organised retail chains will find it difficult to fund expansion. A 'green' entrepreneur's success story
It has been 25 years of entrepreneurship for Pramod Chaudhari. BSNL may 'talk directly' to Zain to buy stake
State-run BSNL Friday said it may directly talk to Zain Telecom to acquire a controlling stake after the exclusive talks period between the consortium Vavasi and the Kuwaiti firm ends. New SMS tech to offer smart apps to basic mobiles
The network protocol being built by Umesh Chandra of the Nokia Research Center in Palo Alto, California, will also get mobile phones connected to the web via SMS. He started a company while in college
Naabo Solutions offers a cost effective solution for the healthcare industry. A summit to transform India's education
Aziz Haniffa reports from Washington, DC, on a summit designed to transform India's education. 3 tips on property investment process
When it comes to the process of making a property investment and exiting from it, there are a few things like transaction costs, liquidity and cash that you must keep in mind. 'We are trying to build 10 hospitals every year'
In an interview with Joe C Mathew, Apollo Hospitals executive chairman Prathap C Reddy says the challenge is not in the funding, but in finding the human resources.