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After 3 months of negative sentiment, investors now EM positive
Investors pulled out over $41 billion from equity funds focused on emerging markets, including India, in the first three months of 2014, after the US Federal Reserve began winding down its quantitative-easing programme, says a report by funds tracking firm EPFR ...
Sun Pharma and Merck set up JV
Mumbai, Apr12: India's Sun Pharmaceutical Industries has formed a joint venture (JV) with Merck the US based drug manufacturer. The JV aims to bring innovative formulations to emerging markets, including India. During the announcement, the company did not give details ...
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