MUMBAI: Home grown Pharma major Dr Reddys Laboratories (DRL) said it will acquire US-based BASF's pharmaceutical contract business and its manufacturing facility for an undisclosed amount. BASF's business which would be transferred to DRL, includes contract manufacturing of generic prescription and over-the-counter products for branded and generic companies in the United States, DRL said in a filing to the Bombay Stock Exchange.

NEW YORK: India is, and will continue to be, a premier destination for investment, according to a new Business Perception Survey released by the US-India Business Council (USIBC). The 2008 USIBC Business Perception Survey designed by Ernst & Young, polled senior member-company executives to gauge their perception of India as a destination for investment and to identify progressive steps which will further enhance investor interest and confidence in India.

NEW YORK: Sonia Gandhi, chief of India's key ruling alliance member Congress Party, and Ratan Tata, who heads one of the country's top business houses, have been named in a list of 100 most influential in the world by Time magazine.

NEW DELHI: A lively discussion on a new approach to value creation based on individual consumer experience acquired from multiple vendors provided the backdrop to the global launch of Prof. C.K. Prahalad's new book, 'The New Age of Innovation', co-authored with Prof. M.S. Krishnan.

NEW DELHI: Anil Ambani-promoted Reliance Big Entertainment has acquired the digital images business of US-based DTS Inc for an undisclosed amount.The American firm's business DTS Digital Images (DDI), also known as Lowry