RANBAXY Laboratories has announced that it has settled a patent dispute with Takeda Pharmaceutical allowing the Gurgaon-based drugmaker to launch its generic tablets of Takeda’s diabetes drug Actos in 15 mg, 30 mg and 45 mg dosages in the US by August 2012 More

DRUGMAKER Lupin has received US Food and Drug Association’s (FDA’s) approval to sell anti-depressants, it said More

US telecom provider AT&T has picked up an 8.07% stake in Tech Mahindra from its promoters in return for giving the company a certain amount of business over a period More

GERMAN drugmaker Bayer has filed a patent infringement case against Cipla, the largest domestic drugseller, to stop the Mumbaibased company from selling its generic version of Bayer’s controversial cancer medicine Nexavar (chemical name Sorafinib Tosylate) More

REPORTING of the court proceedings, even if defamatory, may not amount to criminal contempt of the court, the Bombay high court has ruled More

THERE is good news for the votaries of the live-in partners. The Supreme Court has observed that the live-in relationships between the adult couples cannot be treated as an offence More

THE demand for religious quota in jobs and admissions gained legitimacy when the Supreme Court leaned in favour of an Andhra Pradesh law providing 4% quota to 14 ‘backward groups’ within the Muslim community More

The final arguments by the prosecution in the 26/11 Mumbai terror attack case concluded before the designated court, conducting the trial More

From the new financial year, assessees will have to pay a higher income tax at source if they do not have a Permanent Account Number (PAN) More

AN Indian company making a payment to an overseas entity is obliged to deduct tax only if the income of the foreign firm is liable to tax in India More

ACLIQUE of investors led by Morgan Stanley Infrastructure Partners has bought a 44% stake in power generation and engineering services firm Asian Genco for $425 million, the biggest private equity transaction in India in almost two years lifting the slowdown’s veil over such big-ticket deals More

DLF has completed the merger of Caraf Builders & Construction, which owns investment trust DLF Assets Ltd (DAL), with another offshoot DLF Cyber City, a move India’s biggest realtor says is logical to listing DAL on the Singapore Stock Exchange (SGX) More

PIRAMAL Healthcare has bought Cipla’s oral contraceptive brand, i-pill, for Rs 95 crore, to achieve its target of trebling its over-the-counter (OTC) drug business in three years More