Wednesday 9 April 2014

Nokia 225 and Nokia 225 Dual SIM feature phones launched

4/09/2014 11:27:00 pm BUSINESS, EDUCATION, TECHNOLOGY 1 comment

Nokia 225 and Nokia 225 Dual SIM feature phones launched

Nokia, extending its budget offering, has launched the Nokia 225 and Nokia 225 Dual SIM phones.

The Finnish giant has announced that the Nokia 225 and Nokia 225 Dual SIM will both be priced at EUR 39 (roughly Rs. 3,200) and will be available in select markets by Q2 2014.

Notably, the Nokia 225 Dual SIM has already been listed on the company's India site with no pricing and availability details.

The Nokia 225 and Nokia 225 Dual SIM come with identical specifications, except that the latter supports dual-SIM functionality.

The Nokia 225 features a 2.8-inch LCD Transmissive display which offers a QVGA (240x320) resolution and a pixel density of 142ppi. It runs Nokia OS Series 30+ and sports a 2-megapixel rear camera. Connectivity options include Bluetooth, GPRS and Micro-USB. It supports expandable storage up to 32GB with the help of microSD card.

The Nokia 225 packs a 1200mAh battery which is rated to deliver up to 21 hours of talk time, and up to 648 hours of standby time. It comes with dimensions of 124x55.5x10.4mm and weighs 100.6 grams.

The Nokia 225's features include a digital clock, recorder, calculator, clock, calendar, converter, alarm clock, reminders, phonebook, alarm clock with ringtones, and flashlight. It also features the company'sNokia Xpress Browser, which now includes Bing search inbuilt.

On Monday, Nokia started rolling out a new software update for its Asha touchscreen phones, bringing new functionality and improvements.

In March, soon after launching the Nokia 220 Dual SIM budget phone, the company unveiled the Asha 230 Dual SIM at Rs. 3,449.

Mobiles launched in April 2014

Nokia 225 Dual SIM

KEY SPECS

Display

2.80-inch

Processor

Front Camera

Resolution

240x320 pixels

RAM

OS

Series 30

Storage

Rear Camera

2-megapixel

Battery capacity

1200mAh

See full Nokia 225 Dual SIM specifications

Nokia 225

KEY SPECS

Display

2.80-inch

Processor

Front Camera

Resolution

240x320 pixels

RAM

OS

Series 30

Storage

Rear Camera

2-megapixel

Battery capacity

1200mAh

See full Nokia 225 specifications

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Lava Iris 406Q with 3G support, quad-core CPU listed online at Rs. 6,999

4/09/2014 11:25:00 pm BUSINESS, EDUCATION, TECHNOLOGY No comments

Lava Iris 406Q with 3G support, quad-core CPU listed online at Rs. 6,999

Lava's new budget smartphone, the Iris 406Q, is now up for pre-order at an e-commerce website for Rs. 6,999. The Lava Iris 406Q is notably also listed on company's site; though without pricing and availability details. The online retailer notes that the estimated release of the Iris 406Q is the third week of April.

The Iris 406Q runs Android 4.3 Jelly Bean out-of-the-box and online retailer's listing claims that the device is upgradeable to Android 4.4 KitKat. It offers dual-SIM (GSM+GSM) support with dual standby. It features a 4-inch display with WVGA (480x800 pixels) resolution.

A quad-core CPU (unspecified chipset) powers the smartphone, clocked at 1.2GHz, coupled with 1GB of RAM. The Iris 406Q sports a 5-megapixel rear camera with LED flash, while there is a 0.3-megapixel front-facing camera also onboard.

The Iris 406Q comes with 4GB of inbuilt storage, and can be expanded up to 32GB via microSD card. It supports Bluetooth, Wi-Fi, GPS/ A-GPS, GPRS/ EDGE and 3G connectivity options. The Iris 406Q is backed by a 1700mAh battery and measures 124x64x10.3mm.

Earlier on Tuesday, Lava introduced the Iris 450 Colour, its new mid-range smartphone. The domestic handset maker touted the Iris 450 Colour's swappable back panels.

The Iris 450 Colour runs Android 4.2 Jelly Bean out-of-the-box and supports dual-SIM (GSM+GSM) functionality with dual standby support. The Iris 450 Colour is powered by a 1.3GHz dual-core processor coupled with 512MB of RAM. It features a 4.5-inch IPS display with a FWVGA (480x854 pixels) resolution.

In April, Lava also expanded its Iris Pro series by launching the Iris Pro 20 smartphone at Rs. 13,999. Notably, the Iris Pro 20 joins the Iris Pro 30, which was launched in January.

Mobiles launched in April 2014

Lava Iris 406Q

KEY SPECS

Display

4.00-inch

Processor

1.2GHz

Front Camera

0.3-megapixel

Resolution

480x800 pixels

RAM

1GB

OS

Android 4.3

Storage

4GB

Rear Camera

5-megapixel

Battery capacity

1700mAh

See full Lava Iris 406Q specifications

Elections 2014: NDTV and Uber Delhi offer free ride to polling booth

4/09/2014 11:23:00 pm BUSINESS, EDUCATION, TECHNOLOGY No comments

Elections 2014: NDTV and Uber Delhi offer free ride to polling booth

NDTV and Uber, the venture-funded premium taxi service start-up, have tied up to offer voters two free rides to the polling booth and back in Delhi on 10 April, the day of the Lok Sabha elections. The endeavour is being taken up by NDTV and Uber to encourage more and more people to go out and vote in the ongoing Lok Sabha elections that began on 7 April.

Senior citizens wishing to make use of the initiative need to download the Uber app on their iPhone orAndroid smartphone, and enter the promo code NDTVVOTE. (Details)

Using this promo code, senior citizens in Delhi are entitled to two free rides worth Rs. 1,000 each to the polling booth and back between 7am and 7pm on Thursday. Anticipating heavy demand, Uber notes that users might have to try a few times before they can connect to a driver in the vicinity owing to the excess demand.

Other users can make user of this offer by entering the promo code VOTEDELHI. (Details)

Uber has also kept its referral programme active for the period. Users can refer their friends with their unique referral code. While the friends could have made use of the two free rides offers by themselves, with this method both the referrer and referee will get referral credits.

In addition it is also running a contest where users can tweet (#UberVoteDelhi) or Instagram their pictures and videos after voting. Users also have to write back saying why their vote was important. The most interesting answers stand a chance to win Uber credits.

Tap Your Listening Skills

4/09/2014 11:21:00 pm BUSINESS, EDUCATION, JOBS, TECHNOLOGY No comments

Tap Your Listening Skills

An old Argnetine proverb puts it quite simply, ‘He who speaks, sows; he who listens, reaps.’ In a world rich with social platforms to express oneself, good listeners are a rare species. But at the workplace, using your listening skills can get you far.

ET speaks to experts, to find out five ways to best leverage your listening skills.

Resolving conflicts

Good listeners tend to be better equipped to resolve conflicts.

‘Leaders are more approachable if they offer to lend their ears to team members during a crisis at work which results in a better constructive method to solve the issue,’ says Minhaj Zia, managing director, Polycom India & SAARC.

Defying distance and barriers

In today’s world, we are constantly collaborating with people from various countries, who belong to wildly diverse cultures, and we rarely even get to personally interact with them.

Using your listening skills to the maximum becomes a necessity, and not just a good trait to have, in order to achieve such collaboration smoothly.

Listen to connect the dots

The ability to draw commonalities between multiple conversations improves dramatically if a person is a good listener.

As a leader, this can help in improving fact-based judgement.

‘Asking for clarification will allow you to probe for additional facts. Using this effectively shows your ability to connect,’ says Mark Driscoll, Human Capital leader, PwC India.

Driving innovation
When you allow someone to talk for 20 minutes, and just listen, they tend to come up with their own solutions.

‘One can come up with interesting new ways of working and infuse new life into projects by spelling out the objective and then letting the team come up with suitable action plans rather than prescribing a traditional approach,’ says Zia.

Establishing a rapport
A distraction-free conversation portrays to your speaker that you care about his view points, and are not just obsessed mentally with what you will say next.

Even in a meeting with multiple people, you can build a better rapport with colleagues, by actively listening to speakers, and responding non-verbally.

Not Getting Right Talent Costing Indian Economy Rs 53,000 Crore: Study

4/09/2014 11:20:00 pm BUSINESS, EDUCATION, JOBS, TECHNOLOGY No comments

Not Getting Right Talent Costing Indian Economy Rs 53,000 Crore: Study

India is likely losing Rs 53,000 crore from its economy as companies are unable to hire people with right talent for the job and are incurring high recruitment costs, says a study.

Done jointly by professional networking site LinkedIn and consultancy PwC, the study said: “If India was better at matching talent with the right opportunities, this could unlock as much as Rs 508 billion (Rs 50,800 crore) in increased productivity.”

This is resulting in lost opportunity to generate Rs 508 billion in additional productivity, it added.

The study further said: “Longer time taken to find the right candidates combined with the increased likelihood of mismatched talent leaving jobs sooner are costing Indian companies Rs 22.3 billion (Rs 2,230 crore) in avoidable recruitment cost…”

Together these costs are resulting in India “likely losing approximately Rs 530.31 billion from its economy”, it noted.

The study which is based on analysis of 11 countries, has placed India at the bottom two with a score of 34, just above China (with a score of 23), in terms of talent adaptability.

Netherland emerged at the top on this parameter followed United Kingdom (2nd), Canada (3rd), Singapore (4th), United States (5th), Australia (6th), France (7th), Germany (8th) and Brazil (9th).

“Emerging markets such as India and China have lower scores because they have fewer mature sectors and their geographic size limits talent mobility,” the study said.

PwC India leader People and Change Consulting Padmaja Alaganandan said: “Factors such as low sector diversity, sub-optimal investment in personal skill building, policy hurdles and development rates have held down India’s actual talent adaptability threshold.

“The loss, quantified for the first time underlines the importance we should be placing on driving flexibility, skills training and ensuring a more thoughtful approach to hiring.”

As per LinkedIn India’s Director, Talent Solutions, Irfan Abdulla “raising the level of talent adaptability in a market will go a long towards enabling economic success for everyone, from job-seekers to recruiters and the economy”.

The analysis is based on interactions from LinkedIn’s network of 277 million professionals, including 24 million in India.

This analysis was further cross referenced with information on 2,600 employers from PwC’s Saratoga database, to understand which countries are better at aligning talent with opportunity.

High performers to get 15% hike, avg less than 10%

4/09/2014 11:19:00 pm BUSINESS, EDUCATION, JOBS, TECHNOLOGY No comments

High performers to get 15% hike, avg less than 10%

If one analyses net income after considering the inflation rate in the past two years, salary hike is actually between 2-3 per cent

According to TimesJobs.com RecruiteX, overall, single-digit increments are expected in 2014; however, high performers can look forward to increments in the range of 15-20 per cent.

R P Yadav, chairman and managing director, Genius Consultants Ltd, explained that employees can be classified as high performers, average performers and poor performers. People who are in the bracket of average performers have been getting single digit increments and for the bracket of high performers the increment will be between 12-16 per cent. If one analyses net income after considering the inflation rate in the past two years, it is actually between 2-3 per cent.

“Unless there is revival of the economy, which is actually not expected in the year 2014-15, due to election and election results, I personally feel that the increment in the net salary will be low and increment in appraisal will be in single digit, between 8-9.5 per cent,” he said.

Income Vs Inflation

Andleeb Jain, group head-HR, Isolux Corsán, added that average hikes this year are expected to be in the late single digits or at best 10 per cent. This translates to a negative real hike, or, no real hike keeping the inflation in view. “But if we plot the hike versus profitability growth of the sector or companies, I personally feel it’s still an acceptable scenario for the employee,” he added.

A leading salary budget survey ranks India as first with the highest projected salary hike of 10.9 per cent in 2014. It is estimated that in 2014 there will be a salary increase of 0.4 per cent over 2013. But, this doesn’t really mean that the workforce in India is better off than its global counterparts. The high inflation rate has to be blamed for this.

‘Star’ Sectors

While average overall salary hikes will be in single digits, there are sectors that are offering competitive pay packages. TimesJobs.com RecruiteX indicates that Consumer Durables/FMCG and Healthcare/Pharmaceutical are the best pay masters for junior and middle level employees. At senior level, BFSI and Automobile sector emerged as the highest paying sectors. Petrochemicals/Oil & Gas sector is the best paying sector across all three levels.

1) Overall, Petrochemicals/Oil & Gas sector is the best paying sector, the average salary offered is in the range of:

Junior level: Rs 13-14 lakhs/annum
Middle level: Rs 36-44 lakhs/annum
Top level: Rs 94-124 lakhs/annum

2) Healthcare/Pharmaceuticals sector offers:

Junior level: Rs 8-14 lakhs/annum
Middle level: Rs 15-45 lakhs/annum
Top level: Rs 45 lakhs/annum onwards

3) Consumer Durables/FMCG industry offers:

Junior level: Rs 9-11 lakhs/annum
Middle level: Rs 20-25 lakhs/annum
Top level: Rs 45-65 lakhs/annum

4) BFSI industry also offers good salary package to senior level employees (Rs 35-58 lakhs/annum)

3% increase in hiring across all sectors in March 2014

4/09/2014 11:17:00 pm BUSINESS, EDUCATION, JOBS, TECHNOLOGY No comments

3% increase in hiring across all sectors in March 2014

The Petrochemicals and Project/Infrastructure sector reported maximum increase in hiring activity in March 2014, while the overall demand index witnessed a 3 per cent rise in the same period. After witnessing a 3 per cent rise in demand in the previous month, the Petrochemicals/ Oil and Gas/ Power demand index grew by another 6 per cent in March 2014 to register a 9 per cent rise in hiring activity in the first quarter of 2014. The Project/Infrastructure industry, also reported an increase of 12 per cent in hiring during the period. Among top professions, engineering professionals reported maximum increase in demand, followed by logistics/supply chain management/procurement and IT/Telecom professionals. Among key job hubs, Hyderabad saw the highest increase in demand for talent. The city reported over 30 per cent increase in demand during March 2014. Demand was robust across experience categories. Candidates with over 20 years of experience reported the highest increase of over 30 per cent in demand, during the period.

Overall, hiring saw a 3 per cent rise during March 2014, key sectors, functional areas and job hubs contributed to the surge in hiring activity.

• Among top ten sectors, the Petrochemicals industry reported maximum increase (9%) in hiring activity. The Project/Infrastructure sector also reported 12 per cent increase in hiring activity during the month

• Among top ten professionals, demand was upbeat for engineering professionals (12%). Logistics/supply chain management/procurement and IT/Telecom professionals too reported an increase in demand (8-9%) during March ‘14

• Amongst major job hubs, Hyderabad reported maximum increase (over 30%) in demand during the month. Chennai (20%) also emerged as the most active hiring location of March ‘14. Among states, Andhra Pradesh (except Hyderabad) witnessed highest increase (20%) in hiring activity during the period

• The experience demand index for March ‘14 was upbeat for candidates across experience categories. Highest demand rise was observed for candidates with over 20 years of experience (over 30%)

Supply index registered 7 per cent increase in month-over-month analysis. BPO/ITeS, Consumer Durables/FMCG industry contributed, significantly, to this rise in supply of talent, besides other key sectors.

Job-seeking activity recovered during February ‘14 and sustained the positive momentum in March ‘14. The BPO/ITeS industry and Consumer Durables/FMCG sector witnessed maximum increase (over 30%) in supply of talent

Customer service/tele calling and hospitality professionals reported highest increase (over 30%) in job-seeking activity. Accounting & Finance professionals also registered a noticeable rise in supply (30%)

Supply of talent was upbeat across major locations. Among metros, Delhi NCR witnessed highest increase (24%) in job-seeking activity during the month. Among top ten locations, Jaipur reported maximum increase in supply (over 30%)

Supply of talent was encouraging for top level and experienced categories. Candidates with over 20 years experience reported over 30 per cent rise in job-seeking activity during March ’14

Daily habits that may be harming you

4/09/2014 11:15:00 pm HEALTH TIPS No comments

Daily habits that may be harming you

Daily habits that may be harming you (Thinkstock photos/Getty Images)

There are some habits that most of us have which may be harmful for you in the long run. Read on to find out more which daily habit you should avoid...

There are some habits that most of us have which may be harmful for you in the long run. You are probably doing it all right — drinking enough water, exercising every day, taking the stairs instead of the elevator — but a few everyday habits if neglected can become the reason for worry. Read on to find out more which daily habit you should avoid...

Don't sit cross-legged all the time
According to a study, sitting with legs crossed can increase blood pressure. Leg crossing, reportedly, increased systolic blood pressure nearly 7% and diastolic by 2%. One should ideally avoid sitting cross-legged (crossing the legs at the knee) for longer than quarter of an hour. Orthopedic surgeon Dr Phadke says, "Do not keep sitting at one place for too long. After every 45 minutes take a little walk."

Always stand with your knees bent a little
Avoid standing with your knees locked because it leads to increased pressure and stress on your joints. Make sure your knees are relaxed and slightly bent. You should use the muscles that are surrounding your joints — if your knees are locked these muscles are not used and the joints have to bear the weight.

Do not sleep on your stomach all the time
If you thought that sleeping on your stomach will make your paunch go away, you are wrong. If you do not sleep on your back then the neck remains in an unnatural position and that may hamper circulation. Change your position when you are lying down.

Avoid wearing very tight belts
You want to look slim and a tight belt that is cinched at your waist can give you an hourglass look. However, this can hamper your digestion. Dr Nupur Krishnan, nutritionist says, "Tight belts worn for a long time tighten the stomach and create pressure inside your abdomen. Digestion can not happen properly and it may lead to acidity. It is best to avoid wearing belts that are too tight." Ideally, belts should only be that tight so that one should be able to sit comfortably, bend down and breathe normally with it tightened.

Avoid stretching as soon as you are awake
The discs at your back can be harmed if you stretch as soon as you are awake states Dr Upasini. As soon as you wake up, you should get up and move around, get into some activity like brushing, walking and then stretch your back he advises. Stretching as soon as you are awake can lead to severe backache and neck pain sometimes.

Do not chew gum all the time
Most of us mindlessly keep chewing gum all day. If it is a sweet one, it harms your teeth and the unsweetened ones can harm your jaw muscles.

Carry your bag differently every time
Most of us unknowingly put a lot of stress on our shoulders. Orthopedic surgeon Dr Tejas Upasini says, "Doing asymmetrical repetitive activities often result in muscular imbalances and pain. If you make a habit of carrying your handbag or purse only on your right shoulder, it becomes a pattern and there are muscle imbalances that may cause pain." Carrying lighter bags is a wise decision and also, when carrying a bag one must make sure to change the shoulder or the hand often."

Stop wearing super-tight jeans
Wearing very tight jeans and pants can lead to many health problems. If your jeans restrict your movements in any way then it is not the right one for you. At the end of the day if you feel that you are desperate to take it off and slip into something comfortable, then you should discard your tight jeans.

Keep a check on your posture
Believe it or not, the correct posture can, not just make you look slimmer and younger; it can also avoid aches and pains on your back, and shoulder. Slouching can, in the long run, really affect your shoulder and back. The right way to stand is to hold your head high, pull your stomach in and square your shoulders. Try this: Stand straight against a wall and keep your shoulders squared — the back of your head should be touching the wall, there should be space between you and the wall, at small of your back and your buttocks and heels should be touching the wall
.

Sebi examines Sun, Ranbaxy merger trading

4/09/2014 11:13:00 pm BUSINESS, TECHNOLOGY No comments

Sebi examines Sun, Ranbaxy merger trading

MUMBAI: The Securities and Exchange Board of India (Sebi) will ask Ranbaxy Laboratories and Sun Pharmaceutical Industries for more information about their planned $3.2 billion merger and seek trading data from stock exchanges after shares in Ranbaxy surged in the run-up to the deal, a senior source at the regulator said on Wednesday.

Ranbaxy shares jumped 24 per cent while trading volume tripled in the three sessions ahead of Monday's announcement that Sun Pharma would buy it in what would be the biggest drug sector deal in the Asia-Pacific region this year.

"We have received multiple complaints. We will ask stock exchanges on details of buy and sell trades in both Ranbaxy and Sun shares," said SEBI source, who declined to be identified because he is not authorised to speak with the media on the matter.
The official added that SEBI would also ask for "additional disclosures" from the two drug makers.

Sun's managing director, Dilip Shanghvi, said India's largest drug maker by market value had not received any inquiries from SEBI in an interview with CNBC-TV 18.

"We haven't heard (from the regulator)," Shanghvi said on Wednesday afternoon.

"We also have concern about the run-up in Ranbaxy stock a few days before the transaction was announced, but we hope that nothing comes out of that inquiry."

Spokesmen for SEBI and Ranbaxy declined to comment. The National Stock Exchange of India Ltd and BSE Ltd, India's two biggest exchanges, also declined to comment.

The president of a brokerage association said it would formally ask the regulator to investigate trading in Ranbaxy's shares.

"Because there was such kind of price movement before the deal was announced, we have decided to check with the regulator," Naresh Tejwani, president of the Association of National Exchanges Members of India (ANMI), said on Wednesday.

The stock markets have seen previous cases of sudden sharp movements in company shares ahead of big corporate announcements, raising frequent suspicion about insider trading that have damaged retail investor confidence.

For example, last June, Infosys Ltd's shares and option volumes surged before the surprise announcement that founder Narayan Murthy was returning as executive chairman.

The regulator has been accused by some market participants of being slow to investigate suspected insider trading and ill-equipped to fight securities fraud. Its investigations can take years and are often conducted in secrecy.

Like other global regulators, SEBI has often resorted to fines and settlements, which are easier to obtain than criminal indictments.

Its most high profile case so far has been investigating a unit of energy conglomerate Reliance Industries Ltd (RELI.NS) over a suspected case of insider trading in 2007.

After six years of investigation, SEBI last year fined Reliance 110 million Indian rupees, saying it had found enough evidence of insider trading. The energy company, which had net profit of 55.1 billion rupees in the October-December quarter, is appealing to SEBI's appellate body.

The regulator is expected to debut new insider trading rules later this year that would require executives to disclose planned trading activity and also require companies to monitor their employees for trading.

Retail investors have been heavy sellers in Indian markets and have redeemed about $5.2 billion from equity funds in India since 2010.

Financial stability has improved in developed countries: IMF

4/09/2014 11:12:00 pm BUSINESS, TECHNOLOGY No comments

Financial stability has improved in developed countries: IMF

WASHINGTON: Financial stability has broadly improved in advanced countries and has deteriorated in emerging economies in the past six months, the International Monetary Fund said in its latest Global Financial Stability Report released on Wednesday.

"I am pleased to tell you that global financial stability is improving --- we have begun to turn the corner.

"But it is too early to declare victory as there is a need to move beyond liquidity dependence by overcoming the remaining challenges to global stability," Jose Vinals, IMF's Financial Counsellor, told reporters at the release of the report on the sidelines of the IMF and World Bank Group Spring Meetings.
The US economy is gaining strength, setting the stage for normalisation of monetary policy, he said. In Europe, better policies have led to substantial improvements in market confidence in both sovereigns and banks.

In Japan, Abenomics (measures taken by Japanese Prime Minister Shinzo Abe to revive the economy) has made a good start as deflationary pressures are abating and confidence for the future is rising.

"And emerging market economies, having gone through several recent bouts of turmoil, are adjusting policies in the right direction," Vinals said.

The IMF, he said, continues to track growing hot spots in the US financial system.

Many of these are in the shadow banking system, such as strong issuance of high-yield bonds and leveraged loans, weakened underwriting standards and underpricing of risk.

Sun Pharma chief hopes the worst is over for Ranbaxy

4/09/2014 11:07:00 pm BUSINESS, TECHNOLOGY No comments

Sun Pharma chief hopes the worst is over for Ranbaxy

NEW DELHI: Sun Pharma would have to do a lot of work to get USFDA to revoke the ban on Ranbaxy facilities but it has not put any time-frame for this, company chairman Israel Makov said on Wednesday.

Sun Pharma's experience dealing with the US health regulator in the past would help it solve Ranbaxy's problems with the regulator, he said in an interview to TV channel CNBC-TV18.

"We hope to do it as soon as possible. We won't put a specific time-line, we have to discuss it with the FDA, we have to do a lot in the field to satisfy its requirements and once we do it, we will have the ban revoked," Makov said. Sun had a similar situation once in US in its plant and the company got the ban revoked earlier than anybody expected, he added.

Sun Pharma on Monday had announced that it would fully acquire Ranbaxy in a transaction with a total equity value of $3.2 billion, along with debt of $800 million.

Makov said Ranbaxy has a serious problem but Sun has proven its ability to remedy any problem that it had encountered in the past.

"We are confident that we can do the same with the current problems," he added.

When asked if the company would need just a couple of quarters to resolve the issue, Makov said: "No. The closing of this transaction is going to be somewhere towards the end of this year. Only then we can come in and do whatever needs to do.

"So it will take time, it is not a matter of a quarter or two. It will take longer but it is not going to be many years."

Makov expressed hope that worst is over for Ranbaxy. "We hope that the worst is over. I think so. We look forward to remedy whatever needs there to remedied and to fix the company and then bring it back to where it should be," he added.

When asked about company' acquisition plans in the US, Makov said: "We have bought a number of small companies in the US. But it depends on an opportunity. We don't set an objective that we have to buy a company in the US."

The objective is to grow globally and to have a sustainable profitable growth and to become a more significant player in the industry, he added.

The combination of Sun Pharma and Ranbaxy creates the fifth-largest specialty generics company in the world and the largest pharmaceutical company in India.

At present, all the four plants of Ranbaxy in India have been banned from exporting drugs to the US market.

USFDA had banned imports from Ranbaxy's Toansa plant in January this month for violating current good manufacturing norms.

In September last year, the USFDA imposed an import alert on Ranbaxy's Mohali plant in Punjab for violating current good manufacturing norms.

Ranbaxy's key facilities at Paonta Sahib in Himachal Pradesh and Dewas in Madhya Pradesh have been under a US import alert since 2008.

Wednesday 9 April 2014

Nokia 225 and Nokia 225 Dual SIM feature phones launched

Display

Processor

Front Camera

Resolution

RAM

OS

Storage

Rear Camera

Battery capacity

Display

Processor

Front Camera

Resolution

RAM

OS

Storage

Rear Camera

Battery capacity

Lava Iris 406Q with 3G support, quad-core CPU listed online at Rs. 6,999

Display

Processor

Front Camera

Resolution

RAM

OS

Storage

Rear Camera

Battery capacity

Elections 2014: NDTV and Uber Delhi offer free ride to polling booth

Tap Your Listening Skills

Not Getting Right Talent Costing Indian Economy Rs 53,000 Crore: Study

High performers to get 15% hike, avg less than 10%

3% increase in hiring across all sectors in March 2014

Daily habits that may be harming you

Sebi examines Sun, Ranbaxy merger trading

Financial stability has improved in developed countries: IMF

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