The Indian pharmaceutical sector has been growing exponentially over the last few years. According to India Brand Equity Foundation (IBEF), it accounts for close to 2.4% of the global market in terms of value terms and 10% in terms of volume. IBEF also states that the sector is expected to grow at a Compound Annual … More Dealing with the data integrity dilemma
The Indian pharmaceutical industry is currently undergoing many unprecedented changes. These range from emerging areas of science, new and improved drug variants and specialized services to evolving regulations and business models, making it one of the world’s most developed industries. Today, the sector ranks third in terms of volume and 13th in terms of value. … More Indian multinationals in the pharmaceutical sector need to operate a tighter compliance ship than before
Traditionally, food safety was not considered to be a priority for the masses in India, and products (as well as establishments serving them) were presumed to be safe. But, a rise in reports around adulteration of many varieties of commonly consumed food products led to increased regulatory scrutiny and public uproar, raising multiple questions. Consumer … More Strengthening food safety compliance at the workplace
The success of a business is typically backed by astute minds, with a brilliant strategy. Having said that, there is no silver bullet to ensure this success, especially when it comes to developing and implementing a sustainable growth plan. There are times when different departments may end up being in an involuntary competition with each … More Empowering your legal department
Money laundering is a global menace, with most countries being equally susceptible to it. Our earlier blogposts focused on understanding trade-based money laundering (TBML), its evolution as a major roadblock on the anti-money laundering front (AML), the need to improve overall AML governance frameworks and varying dynamics witnessed from a macro standpoint.
James*, a Regional Manager with an Indian multinational firm was elated, having just received his offer letter for an internal transfer overseas. The opportunity not only gave him a sizeable hike from his current salary, but also included perks such as fare for the flight, food and accommodation in his new city. After settling in, … More Uncovering the reality of modern slavery
Any brand that has gone through the peril of having counterfeit products circulated understands that addressing this issue is no mean feat. With the company’s reputation at stake, the task to identify and address this spurious supply can be exhaustive, time-consuming and complex. Counterfeiting can be considered a nightmare for any company, as it has … More On World Anti-Counterfeiting Day 2016 – counterattack counterfeiting