GSK Consumer temporarily halts ops in Indian state
MUMBAI Dec 11 (Reuters) - GlaxoSmithKline Consumer Healthcare (GLSM.BO), an Indian unit of the global drug maker, on Friday said it was temporarily closing its factory in Andhra Pradesh state due to political protests in the region.
Earlier this week, after days of violent street protests, the government said it would carve a new state out of southern Andhra Pradesh, home to several major international companies. [ID:nDEL327611]. (Reporting by Bharghavi Nagaraju)
- Tweet this
- Share this
- Digg this
DAVOS, Switzerland - Central banks have done their best to rescue the world economy by printing money and politicians must now act fast to enact structural reforms and pro-investment policies to boost growth, central bankers said on Saturday.