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%.