Global med-tech firms, India locked in tussle after stent price sting


NEW DELHI/MUMBAI A group of global medical-technology companies plans to tell Indian officials next month that any further price control measures would risk future investments and make them less likely to introduce new products in the country, according to an industry source familiar with the matter.

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Earnings misses, rising debts: Indian Railways turnaround hits buffers 28 Apr 2017

GHAZIABAD, India India's mammoth state railways, much of them stuck in colonial times, have missed earnings targets for the third straight year and debts have shot up, documents seen by Reuters show, raising doubts about an ambitious modernisation drive. | Video

Indian gold demand seen higher ahead of key festival 28 Apr 2017

MUMBAI/BENGALURU Demand for gold in India was seen higher ahead of an auspicious day for gold purchases on Friday compared to last year, with lower prices also acting as a catalyst.

Trump celebrates first 100 days as president, blasts media 9:26am IST

HARRISBURG, Pa. U.S. President Donald Trump hit the road on Saturday to celebrate his first 100 days in the White House with cheering supporters at a campaign-style rally, touting his initial achievements and lashing out at critics who have given his tenure poor marks. | Video

Pakistan PM fires advisor over newspaper leak, army rejects actions 29 Apr 2017

ISLAMABAD Pakistan's Prime Minister Nawaz Sharif on Saturday sacked one of his special advisers and sanctioned another bureaucrat after an inquiry into a newspaper leak, but the country's powerful army rejected Sharif's directive as "incomplete".

Britain gears up for negotiations of a "lifetime" after EU outlines Brexit stance 29 Apr 2017

LONDON Britain's minister for leaving the European Union said on Saturday the country was gearing up for the most complex negotiations "in our lifetimes" after the European Union outlined its tough approach to Brexit talks.

Environmental protesters swarm outside White House as Trump hits milestone 9:26am IST

WASHINGTON A sea of protesters swarmed in front of the White House on Saturday to voice displeasure with President Donald Trump's stance on the environment and demand that he rethink plans to reverse the climate change policies backed by his predecessor. | Video

Russians, in peaceful protest, call for Putin to quit 8:27am IST

MOSCOW Several hundred Russians lined up in central Moscow on Saturday under the gaze of riot police to hand over handwritten appeals for President Vladimir Putin to quit, as similar protests took place in other cities. | Video

North Korea test-fires ballistic missile in defiance of world pressure 8:08am IST

SEOUL North Korea test-fired a ballistic missile on Saturday shortly after U.S. Secretary of State Rex Tillerson warned that failure to curb Pyongyang's nuclear and ballistic missile programmes could lead to "catastrophic consequences".

Premier League - Sunderland down as Hull hold on for point at Saints 9:49am IST

MANCHESTER, England Sunderland's 10-year stay in the Premier League ended on Saturday when they lost 1-0 at home to Bournemouth, leaving them 13 points adrift with four games remaining after Hull City held on for a goalless draw at Southampton.