
Espirito Santo has downgraded Bangalore-based Biocon to "sell" from "neutral" and sharply revised its target price to Rs 186 a share from Rs 350, flagging off several issues, which it says raise accounting and corporate governance questions over at the biotech firm. The investment bank points out to two issues in particular. The latest being Pfizer scrapping a deal to sell insulin products made by Biocon. Changed priorities at Pfizer...

12:10 PM, May 22, 2012

New Delhi: Kiran Mazumdar Shaw, an Indian entrepreneur and chairman and MD of Biocon Limited came out strongly against Trinamool Congress chief Mamata Banerjee on Thursday, tweeting that her party was going to be a "bane" for West Bengal. "Mamta is a dangerous, populist demagogue: economically illiterate but politically astute - deadly combo!" Shaw tweeted. "Mamta is a sad reflection on just how feudal our society and culture is -...

12:00 PM, Mar 15, 2012

New Delhi: Rising commodity prices, global economic risks and increasing unemployment are the issues that have made headlines at the World Economic Forum at Davos. About 2,500 global leaders are attending the summit and India is fielding its biggest-ever delegation of 125 CEOs and senior ministers like Home Minister P Chidambaram, Commerce and Industry Minister Anand Sharma, Urban Development Minister Kamal Nath and Heavy Industries Minister Praful Patel. Corporate India...

07:40 AM, Jan 27, 2011

The self-proclaimed leader of a new third front shines at 59th position. ...

11:36 PM, Aug 28, 2008

Three Indian women have been named among the world's 50 most powerful businesswomen by
Fortune magazine. ...

05:33 PM, Oct 11, 2006