Pfizer Inc., the world's leading research-based pharmaceutical company, announced that it has decided to buy additional 33.77% equity stake in its Indian division in order to increase its holding stake to 75%.  

The New York based pharmaceutical major said that it will spend around Rs 6.8 billion on the deal.

The acquirement will be done through Pfizer’s wholly-owned arm, Pfizer Investments Netherlands B.V.

The company seeks to purchase additional stake at Rs 675 per share.

New York, April 13 : A 6-month-old Portuguese water dog is set to become the envy of his fellow pooches when he paws into the house and lives of the US First Family, the Obamas.

President Barack Obama had promised his daughters Malia, 10, and Sasha, 7, a puppy during the campaign.

And now the much-loved leader has kept his word by settling on the black and white pup, whom the little girls have decided to call Bo.

According to the Washington Post, both Malia and Sasha chose their pooch’s name after their cousin’s cat Bo, and also because their grandfather was nicknamed Diddley, after rocker Bo Diddley.

New York, Apr 12 : Nancy Shevell''s romance with Beatles legend Sir Paul McCartney seems to be affecting her professional life.

Shevell, who's a board member of New York Metropolitan Transportation Authority, has been missing more meetings than any of the other 12 full-voting members.

She has missed four board meetings since January 2008.

New York, April 12 : Bruce Springsteen's alleged romance with a New Jersey woman had not gone unnoticed amongst townspeople, according to a source.

The rocker was accused of cheating on his wife with Ann Kelly whose marriage is now headed for divorce.

Arthur J. Kelly had filed papers in a court on March 27 on grounds of adultery by his wife of 17 years.

New York, Apr 12 : A DJ who had gotten into a fight with Paris Hilton is now seeing his career take-off.

New York, April 11 : A New Jersey woman, in the middle of a divorce, has dismissed claims of her alleged romance with Bruce Springsteen.

The veteran rocker was dubbed as the other man in the petition, filed on the ground of adultery in a New Jersey court.

Ann Kelly's husband Arthur had alleged in the papers filed on March 27 that Springsteen was having a long affair with his wife of 17 years.

The mum-of-two has now denied the allegations through her attorney Noel Tonneman, saying she found about the accusation from the media.