India
Sun hopes cut-price generic Gleevec will win third of U.S. market
ZURICH India's Sun Pharma launched a generic version of Novartis's leukaemia drug Gleevec on Monday in the United States and hopes to poach a third of sales in six months by pricing the copycat some 30 percent cheaper, its Sun's North American chief executive said.
Arun Jaitley could squeeze business to balance books
NEW DELHI Finance Minister Arun Jaitley wants to present a credible budget this month with realistic targets for tax revenues and asset sales, people involved in the process say, but businesses may end up picking up much of the tab.
Coal India's Jan output falls short of target
MUMBAI State-run miner Coal India Ltd's January output stood at 52.86 million tonnes, falling short of its production target of 56.18 million tonnes, the world's largest coal mining company said in statement on Monday.
Indian factory activity bounces back to growth in January on strong demand - PMI
Indian manufacturing activity unexpectedly returned to growth in January as firms raised output on stronger demand, a survey showed, adding to expectations the central bank will likely leave policy unchanged this month.
In India, govt aid helps carmakers go green and cheap to fight smog crisis
NEW DELHI Carmakers are gearing up to launch affordable hybrid and electric cars for India in the next few years, executives said, lured by government incentives for fuel-efficient vehicles as the country accelerates efforts to cut worsening air pollution.
FDA warns IPCA Labs on manufacturing lapses at 3 plants
MUMBAI Drugmaker IPCA Laboratories Ltd said the U.S. Food and Drug Administration issued it a warning letter outlining manufacturing quality lapses observed at three of its Indian factories, pushing its shares down as much as 16 percent.
Yahoo to cut 15 percent jobs, close several units - WSJ
Yahoo Inc Chief Executive Marissa Mayer is set to reveal cost-cutting plans that include slashing 15 percent of its workforce, or roughly 1,600 jobs, and closing several business units, the Wall Street Journal reported on Monday.
India's annual infrastructure output grows 0.9 pct in Dec - govt
NEW DELHI India's infrastructure output <ININFR=ECI> grew 0.9 percent in December compared with 3.2 percent a year ago, government data showed on Monday.
Factbox: India's tax giveaways to business
NEW DELHI Indian Finance Minister Arun Jaitley wants to hit his fiscal deficit targets in this month's budget and may scale back some corporate tax breaks to do so, according to people directly involved in the process.
Exclusive - Brazil says Zika virus outbreak worse than believed
BRASILIA Brazil's top health official said on Monday that the Zika virus outbreak is proving to be worse than believed because most cases show no symptoms, but improved testing should allow the country to get a better grip on the burgeoning public health crisis.
Zika virus linked to birth defects is international emergency, WHO says
GENEVA/LONDON The World Health Organization has declared the mosquito-borne Zika virus to be an international public health emergency due to its link to thousands of suspected cases of birth defects in Brazil. | Video
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