BUSINESS

Sun Pharma recalls 747 bottles of generic diabetes drug in US market: USFDA

2:19 pm October 11, 2020

New Delhi: Leading drug maker Sun Pharma is recalling 747 bottles of generic diabetes drug in the US due to possibility of the affected lot containing cancer causing nitrosodimethylamine (NDMA) above the acceptable intake limit, the US health regulator has said. As per the latest Enforcement Report of the US Food and Drug Administration (USFDA), Sun Pharmaceutical […]

Thousands without heat, water after tornadoes kill dozens

Fake TRP racket: Republic TV’s CFO summoned

9:46 pm October 9, 2020

Mumbai: Mumbai Police on Friday issued a summons to Republic TV’s Chief Financial Officer (CFO) in connection with the Television Rating Points (TRP) manipulation racket it is probing, an official said. Shiva Subramaniyam Sundaram, CFO of Republic TV, was asked to join the investigation on Saturday morning, he said. Besides him, the police also summoned […]

ONGC to look at HPCL, MRPL merger post-June 2021

8:12 pm October 9, 2020

New Delhi: State-owned Oil and Natural Gas Corp (ONGC) is likely to look at merging its two oil refining subsidiaries, Hindustan Petroleum Corp Ltd (HPCL) and Mangalore Refinery and Petrochemicals Ltd (MRPL), post-June 2021, its chairman Shashi Shanker said on Friday. ONGC, India’s biggest oil and gas producer, in 2018 completed the acquisition of HPCL for Rs 36,915 crore. […]

Economic growth will only move upwards: Shaktikanta Das

RBI’s targeted long-term liquidity measures to ease borrowing cost for NBFCs: Industry

8:02 pm October 9, 2020

New Delhi : The Reserve Bank’s decision to enhance liquidity into the system through long-term repo operations will ease the borrowing cost for NBFCs and relaxation in loan to value guideline will help revive the economy, the industry said on Friday. The non-banking financial companies (NBFCs) said the decision to keep the key repo rate […]

Cochin Shipyard gets Green Co Silver rating

8:00 pm October 9, 2020

Kochi: Cochin Shipyard Limited (CSL), a PSE under the Union Ministry of Shipping, on Friday said it has earned the distinction of becoming the first company in the Shipping sector to be certified by Confederation of Indian Industries (CII) for the Green Co Silver rating. CSL has now joined the handful of big companies like IOCL, HPCL, BPCL, ONGC, […]