Licence raj replaced by time-consuming approval raj: Biocon CMD
India may have created a competitive market by abolishing licence raj, but it has been replaced by an equally time-consuming "approval raj" fraught with potential corruption, Biocon CMD Kiran Mazumdar-Shaw has said.
Aug 01, 2016, 15:25 PM ISTBiocon Q4 consolidated net surges 78%
During the quarter, Biocon reported exceptional gain of Rs 105.06 crore on account of share sale in its research services subsidiary Syngene.
Apr 30, 2015, 11:31 AM IST