Ranbaxy Laboratories Ltd., the Indian drugmaker whose exports to the U.S. were restricted after a fraud investigation, may revive sales to its biggest market after resolving the charges that it sold adulterated medication.
India’s worst power-grid failure in a decade exposed the urgency behind Prime Minister Manmohan Singh’s bid to attract $400 billion in investment and ease an electricity deficit that is holding back economic growth.
Sitting in the study of the prime ministerial bungalow in New Delhi, surrounded by manicured lawns and palm trees, Indian leader Manmohan Singh and his soon-to-be finance minister Palaniappan Chidambaram pored over plans late into the evening to stem a growing sense of crisis.
Mondelez International Inc., the snacks company separated from Kraft Foods Inc. last year, said it received a notice from an Indian government agency looking into tax payments by a factory for its Cadbury business.
Twenty-six holograms of Gujarat Chief Minister Narendra Modi strode onto stages across the Indian state last month as he sought re-election, a sample of the savvy that makes him a contender for national leader.
India Cements Ltd., which owns the Chennai Super Kings cricket team, says its association with the nation’s favorite sport is helping drive sales of the building material as it expands across the country.