Despite recovery in late trades, benchmark indices ended marginally lower amid weak global cues, with auto shares leading the decline on failing an international safety test. Prospects of higher interest rates in the United States pulled global markets lower after the latest data showed that US consumer prices rose in April at their fastest pace in three years. The S&P BSE Sensex plunged 69 points to close at 25,705 and the Nifty50 slipped 21 points to settle at 7,870. Broader markets ... Rediff.com, 1 month ago
SHANGHAI Armed with Beijing funds and friends in the right places, Chinese drug minnows are thriving, luring money from 'Big Pharma' majors struggling to restore the strong growth they once enjoyed in the world's second-largest medicine market. Chinese ...First Post.com, 2 months ago
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