Global pharma industry consolidation may spawn 30 mega firms
The pharmaceutical industry is expected to consolidate further and by 2010, the international industry could actually comprise just 25 to 30 companies. Of these, just five to 10 very large operations will dominate the rest, according to the PJB Publications executive chairman Philip J Brown.

UPSEB set to induct 5,000 additional staff
Undeterred by mounting losses and the imminent takeover of its Maneri Bhali hydel project by NTPC, the Uttar Pradesh State Electricity Board (UPSEB) is all set to increase its manpower by about 5,000 employees.

Sinha allays fears over disinvestment mopup; Rs 5,000cr target on course
Union finance minister Yashwant Sinha on Saturday said that the BJP-led government at the centre will achieve the target of mobilising Rs 5,000 crore through divestment by March 1999.

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