Ludhiana, Punjab-based IOL Chemicals & Pharmaceuticals Ltd., (IOL) a pharmaceutical APIs company, announced that it has received the EDQM certification to supply Pantoprazole Sodium Sesquihydrate API across the European market. Pantoprazole Sodium Sesquihydrate is a proton pump inhibitor used to treat certain stomach and esophagus problems (such as acid reflux)....
German Retailer Metro to Expand by 210 Percent in India
Europe's fourth-biggest retailer, Metro AG, said it wants India to become one of its "focus expansion countries", alongside Russia, China and Turkey. "We have seen continuous like-for-like growth recently in India. Now we decide to inject extra momentum into our expansion course there," Metro CEO Olaf Koch confirmed. The company...
Specialized Shopping Malls in India
The first indoor (enclosed and air conditioned) shopping mall in India, Ansal Plaza New Delhi, opened in 1999 and since then approximately 250 other such malls have sprung up across the country. Compared to United States, an interesting thread is the development of specialized malls. In Vasant Kunj, New Delhi...