"To get back to a high-growth path of eight-to-nine percent, it's crucial to implement investment-friendly reforms being initiated by the government," and ease India's bureaucratic red-tape, ADB President Takehiko Nakao said....More
InterMune's flagship medicine pirfenidone has already won approval in the European Union and Canada as a treatment for idiopathic pulmonary fibrosis (IPF), and is under regulatory review in the United States....More
It seems as if there is an economic report coming out every five minutes but the truth is that relatively few of them are focused on U.S. manufacturing. But that's not the case with the NAM/IndustryWeek Survey of Manufacturers. This 20-question survey gauges manufacturing sentiment every quarter and is a widely reported measure of how manufacturers see their businesses and the greater economy. The survey also includes questions focusing on labor regulations and health insurance coverage....More
NEW DELHI -- Tata Motors' (IW 1000/150) net profit more than tripled in the first quarter, the Indian giant said Monday, as sales soared at its British luxury marque Jaguar Land Rover.
India's biggest automaker said consolidated group net profit climbed to 53.98 billion rupees (US$882.3 million) in the three months to June from 17.26 billion rupees for the same quarter of the previous year....More