Business

A former wireless retail executive was sentenced to five months in prison Tuesday for selling confidential industry information to an analyst whose subsequent 2013 report on sales of BlackBerry Ltd's newest smartphone sent the company's stock price down.

Drugmaker Abbott Healthcare is challenging West Bengal's accusation that a sample of the company's cough syrup contained excessive levels of codeine, the second multinational to question India's regulatory testing regime in recent months.

For nearly two years, Parkway Pantai has delayed the opening of its 450-bed India hospital, the Singapore-based medical firm's bid to cash in on one of Asia's fastest growing private healthcare markets, as it waited for the necessary permits.