Ranbaxy Laboratories  is going to launch Cipher Pharma's Absorica in US in October-December. The company will make USD 9 million milestone payment to Cipher for Absorica, reports CNBC-TV18.

Petrol prices have been increased steeply by Rs 7.50 a litre from midnight. The increase was on the cards with the rupee continuing its free fall against the US dollar.

With rupee continuing its downward spiral, breaching the 56 mark to the dollar today, the government will likely be forced to raise petrol, diesel and LPG prices.

Falling rupee and high inflation would make it difficult for India to achieve 7.5% economic growth during the current financial year, Planning Commission Deputy Chairman Montek Singh Ahluwalia has sai

 Finance minister Pranab Mukherjee on Sunday said the steep fall in the rupee was a matter of great concern and the Centre was trying to resolve the situation.

Goods worth over Rs 1.29 crore were traded between Jammu and Kashmir and Pakistan Occupied Kashmir (PoK) along the Line of Control at Chakan-Da-Bagh crossing point here, officials said.

 India's largest lender State Bank of India (SBI) on Friday reported a forecast beating net profit of Rs 4,050 crore for the fourth quarter (Jan-March) of FY12 as against Rs 21 crore a year ago,

Bharti Airtel , India's top mobile phone operator, on Thursday cut prices of its third-generation (3G) mobile data services by about 70% under some plans, a company statement showed, in a move to boos

Amid pressure from Trinamool Congress chief Mamata Banerjee, finance minister Pranab Mukherjee on Wednesday indicated that he could not offer concessions to one state and would look at a package for t

Equities plunged and the rupee hit a fresh record low as markets globally felt the tremors of the political upheaval in Greece.

Air travel is all set to get costlier for those flying in and out of Delhi. The Airports Economic Regulatory Authority (AERA) has decided to raise the User Development Fee by a whopping 346 per cent.

Petrol, diesel prices may be hiked by this month end, said CPI(M) General Secretary Prakash Karat today.

 India's wholesale price index (WPI) rose a faster-than-expected 7.23 per cent in April from a year earlier, mainly driven by higher food prices and manufactured items, government data showed on

Crisis-hit Air India stopped bookings for the US, Canada and Europe-bound flights till May 15 as it sacked nine more pilots on day three of their agitation which led to cancellation of over 20 flights

Prices of consumer products such as televisions, digital cameras and personal computers are set to increase once again next month, while carmakers and mobile phone makers are under pressure to follow