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FAQ's ::
| What are
the major HR initiatives taken up by the group? |
| We at Torrent realize
the importance each individual holds for us.
Hence, the major HR activities taken up by
us include the Torrentian awards, through
which we recognize exemplary performance by
our employees. We also organize a workshop
annually for the senior executives of our
group. Torrent has a transparent performance
evaluation system which examines the performance
of each employee annually. |
| What are
training initiatives taken up? |
| The HR wing of the group
is keen on sending employees for trainings
held at premier institutes each year. It takes
the initiative of sponsoring employees at
all levels by nominating the deserving individuals
for these training programs. Torrent also
sends members of its senior management teams
for overseas training. |
| How are we
motivating our field staff? |
| Apart from the incentives
and training programs we initiate for our
field staff, there are new ways being introduced
in the system to. This includes a new scheme
where we encourage a field staff to forward
the name a person he considers worthy of recruitment.
This adds on to our existing strength of reliable
staff. |
| On what exchanges
are Torrent Pharmaceutical's shares being
traded? |
| TPL: Ahmedabad Stock
Exchange, BSE, Delhi Stock Exchange, Madras
Stock Exchange |
| Details
regarding the dividend pattern across the
group? |
| Torrent Pharmaceuticals,
has declared uninterrupted dividend for the
past 10 years. In the FY 1999-2000, TPL declared
a millennium dividend of 101% for its shareholders.
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| What are
the steps taken by the company as a social
contributor to society at large? |
| Since the initial years
Torrent has been award of its responsibility
to the society. It has helped through relief
work undertaken by its employees, providing
medicines and financial support in the wake
of emergencies in the state such as earthquakes,
sponsorship and contribution promoting sports
activities and young achievers. Torrent has
provided funds to the Ahmedabad Management
Association and reconstructed the Parimal
garden. |
| Enlist few
of the compliances we adhere to in our plants? |
| TPL: The first company
among the pharmaceutical companies in India
to be certified concurrently for compliance
to ISO 9001: 2000, ISO 14001: 1996 And OHSAS
18001: 1999 |
| Some of the
major successful brands of Torrent Pharmaceuticals
Limited? |
| Alprax, Dilzem (Diltiazem),
Domstal (Domperidone), Droxyl (Cefadroxyl)
and Listril (Lisinopril). |
| What are
the recent outsourcing activities of Torrent
Pharmaceuticals Limited with leading international
companies? |
| Torrent Pharmaceuticals
Ltd. has reached an agreement with Novartis
Pharma AG, a leading international pharma
company, based in Switzerland regarding global
rights to its very early stage AGE (Advanced
Glycosylation End products) breaker compound.
AGE breakers are compounds with potential
in the treatment of heart disease and diabetes
related vascular complications. |
| Torrent's
expenditure in R&D as a percentage of
its sales? |
| Torrent reiterating
its commitment to improving life and alleviating
the status of healthcare in the country spends
approximately 6-8% of its sales on research
activities. Approximately 50% of this amount
is spent on activities in the sphere of Novel
Drug Delivery Systems and NCE research. Torrent
has made Rs. 0.8 billion investment in the
state-of-the-art research centre. |
| What is the
domestic marketing network for pharmaceuticals? |
| Torrent Pharmaceuticals
has a wide reach in the entire country, especially
in the western region. Its distribution is
managed by a strong network of C&F agents,
whose efficiency is constantly monitored.
Torrent handles its domestic marketing with
an experienced and enterprising team of executives
and management personnel, whose strategies
are enforced by a well trained and dynamic
field staff all over the country. |
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