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Japanese Financial Giant Nomura downgraded Bharti Airtel citing concerns about 3G auction price hikes, and the impact of the MTN deal on earnings. Large operators will likely bid to overcome capacity constraints in key metros, and to avoid giving competitors any spectrum advantage. Returns will likely be adversely affected. Apart from 3G, number portability could … Read more Nomura Downgrades Bharti Airtel
Pharmaceutical major Glenmark Pharmaceuticals’ subsidiary Glenmark Generics (GGL) has received ANDA approval from United States Food and Drug Administration (USFDA) for Alclometasone Dipropionate Cream, 0.05% and will start marketing and distribution of same in US market very soon. Alclometasone Dipropionate is a low to medium potency corticosteroid indicated for relief of the inflammatory and pruritic … Read more Glenmark Pharma’s subsidiary receives USFDA approval for Alclometasone
Bharti Airtel, one of the leading telecom service providers in India, has launched ‘Jobs On Mobile Service’ in Karnataka — a job search service for blue collar jobs such as drivers, cooks, guards and many more. With demand for blue collar jobs increasing steadily, the telecom operator has launched the job search service to bridge … Read more Airtel introduces job search services on mobile – Where is the Service ?
Citigroup hosted mr. Bhave, Chairman SEBI as the keynote speaker. Here is what he told @ the conference. We live in uncertain times. While the pain has receded in the last few months, and is probably behind us, the uncertainty remains. Mr. Bhave pointed out that even as the Sensex fell from 21,000 to 8,300 … Read more Mr. Bhave wants Long Term Retail Participation
State-run telecom service provider with a pan-India presence, Bharat Sanchar Nigam (BSNL), will soon launch third generation (3G) mobile services in Gangtok, Sikkim on August 15, 2009. With the launch of 3G services in Gangtok, the services will be extended to three more districts. Further, telecom operator will increase its strength of Internet broadband services … Read more BSNL is set to introduce 3G services in Sikkim
Dr. Reddy’s Laboratories has launched Bispec (Solifencin Succinate) in India. The drug is used in the management of Over Active Bladder (OAB) and is the best-in-class for OAB and has lesser incidence of dry mouth and constipation. Usually patients suffering from OAB have a warning time of about 12 seconds; however, Solifencin Succinate helps in … Read more Dr. Reddy’s launches Bispec for management of OAB