15 Dec 2014

Investments and innovations

In response to rising input costs, including in payroll and energy, Bajaj Auto will push through price increases in its top two product lines in January. ITC is planning to invest more than $150mil in the rollout of its new product lines in dairy and juice products in the first three months of 2015. Lupin has launched its authorized generic version of Celebrax capsules for osteoarthritis, rheumatoid arthritis and acute pain in the US. The government is reworking the subsidy-sharing formulae on remaining subsidised products to reduce ONGC’s subsidy burden by 25%.

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