Business
Zydus Cadila Gets USFDA Nod For Migraine Drug
Pharma major Zydus Cadila on Monday said it has received the final approval from the US Food and Drug Administration (FDA) to sell Eletriptan Hydrobromide tablets, used in the treatment of migraine.
SEBI to Ease FPI Registration Norms, Fast-track IPO Listings
Regulator Sebi plans to relax its norms for direct registration of foreign investors and also fast-track the listing process for companies, including startups.
NPA Resolution: PMO to Take Stock of Progress on June 19
The Prime Minister's Office has called a meeting of senior officials of the ministries of finance and corporate affairs on Monday to review the progress in resolution of bad loans.
Ipca Lab Shares End Over 8% Lower as USFDA Bans Drug Import
Shares of Ipca Laboratories slumped over 8 percent on Friday after almost all drugs manufactured at its facilities at Pithampur, Silvassa and Ratlam were banned by the USFDA.
Telecom Subscriber Base Crosses 1,198 Million in April
The telecom subscriber base in the country reached 1,198.89 million in April but growth continued its downward trend in line with slower pace of new customer additions by Reliance Jio.
Employer Confidence in India Dips to Lowest Since 2005
Indian employers expect steady hiring outlook for next three months, but their confidence have dipped to the least optimistic level since 2005 amid uncertainties in global markets, says a report.
Market Opens Higher Ahead of RBI Policy Outcome
The BSE benchmark Sensex started on a positive note by recovering over 99 points in early trade on Wednesday as the revised forecast of better monsoon enthused investors, who are keenly awaiting the RBI's bi-monthly policy meet outcome due later in the da...
CIL to Offer Coking Coal to Other Consumers After Meeting PSUs Demand
State-owned CIL will offer coking coal through auction route to other consumers only after it meets long-term supply commitments of the dry fuel to PSUs, including SAIL.
GST @ 28% Will Ruin Regional Cinema, Even I’ll Have to Quit: Kamal Haasan
The film industry’s protest against the proposed goods and services tax rate of 28% received a shot in the arm on Friday when actor, director and producer Kamal Haasan spoke out, seeking lower tax slab for the industry.
Growth of Renewables, Coal Slowdown in India Among Important Developments Globally
Climate Action Tracker, an initiative tracking global carbon emission, has said that the continuing rapid growth in renewable energy in India and a slowdown in coal development is one of the most important developments underway globally.
Reform Measures to Broaden Tax Base, Cut Debt: Moody's
Reform measures undertaken by India will broaden its tax base and help government cut down on debt, but high stressed assets in the banking sector pose contingent liability risks, Moody's said on Thursday.
Ban on Cattle Trade Likely to Hit Beef And Leather Exports
India's beef exports and leather sector is likely to be affected due to the government's ban on the trade of cattle for slaughter and industry will seek revocation of the decision.
Framework Under NPA Ordinance by RBI May be Out Within 15 Days
The Reserve Bank is likely to announce within a fortnight the guidelines to operationalise NPA ordinance so as to expedite the recovery of bad loans which have crossed Rs 8 lakh crore.
Rupee Off to Cautious Start, Recoups 16 Paise Against Dollar
The rupee made a tentative recovery of 16 paise at 64.68 against the dollar at the start of the session on Friday after banks and exporters hit the sale button for the US currency.
Now, Tech Mahindra Looks to Lay Off 1,500-2,000 Employees on 'Performance' Ground
After Infosys and Wipro, it's now IT firm Tech Mahindra that could hand out pink slips to hundreds of employees as it looks to "weed out bottom performers".
IndiGo to Buy 50 ATR Planes For $1.3 Billion
The largest domestic airline in terms of market share, IndiGo would be only the third scheduled carrier after Air India and Jet Airways to have ATR planes in its fleet.
