EMA accepts review for Mylan and biocon’s trastuzumab biosimilar

Mylan N.V. and Biocon Ltd. said the European Medicines Agency accepted for review Mylan’s Marketing Authorization Application for a proposed biosimilar version of biosimilar Trastuzumab, a medicine used to treat breast and gastric cancers. This is the second biosimilar submission developed by the partnership that has been accepted for review in Europe. Mylan’s MAA for […]

Jet Airways opens priority check-in service to economy passengers

Jet Airways, an India based international airline, today opened up its ‘priority advantage’ fast check-in service for economy class passengers. The service was earlier available only to passengers travelling by higher classes. However, unlike JetPrivilege members, normal economy class traveller will have to pay extra for getting this service. The service allows guests to check-in at […]

Intex washing machine commercial features Madhuri Dixit On-Air

Intex Technologies put on-air its fully automatic washing machine TV commercial featuring bollywood actress Madhuri Dixit, who recently signed as brand ambassador for Refrigerators and Washing Machines for two years. The 20-second commercial will be broadcast pan-India across all major general entertainment channels, news channels and regional broadcasts. The commercial will cover the North Indian […]

IL&FS buys Andhra Pradesh Expressway for Rs 140 cr

IL&FS Transportation Networks said it bought the entire equity stake of Singapore-based Cube Highways & Infrastructure Pvt. Ltd in Andhra Pradesh Expressway Limited (APEL)  for 140.37 cr. The completion of transaction and receipt of consideration is possible after fulfilling the conditions and approval from all concerned authorities and creditors of APEL, the construction and transportation company […]

Ayush ministry signs MOU with US Pharmacopeial to strengthen traditional medicine

Ministry of Ayush, government of India signed a memorandum of understanding (MOU) with United States Pharmacopeial Convention for cooperation in the field of traditional medicine. The aim is to promote the safety, quality and integrity of traditional medicines and botanical dietary supplements, the government said. The U.S. Pharmacopeial Convention (USP) is a scientific nonprofit organization […]

Govt increases budget for key highway projects

The cabinet, chaired by PM Narendra Modi, revised the budget for a clutch of highway development projects to Rs 6,461 crores, from Rs 5,193 crores. The cost has increased due to higher bid prices, and increase in cost of land acquisition, resettlement and rehabilitation and other pre-construction activities, the government said. The projects are already taken […]

Razorpay to offer PayUmoney checkout option to merchants

Razorpay, an online payment gateway, said it has partnered with wallet and payment option provider PayUmoney to offer Razorpay merchants the option to collect payments via PayUmoney. The agreement will help Razorpay’s 9,000 registered merchants avail the advantage of offering cashbacks for transactions on their platform. In the first stage, over 1,500 merchants will be […]

Stride Shasun receives USFDA Approval for Ranitidine Tablets

Pharma company Strides Shasun announced that it received the United States Food & Drug Administration (USFDA) approval for generic Ranitidine Tablets, used to treat and prevent ulcers in the stomach and intestines. Ranitidine tablet is the first integrated product approval post merger of Strides and Shasun in 2015. The active ingredient and formulations will be […]

Government launches online library for blind people with TCS

The government, in association with NGOs, set up an online library called Sugamaya Pustakalaya for visually impaired people. This online platform offers e- books across diverse subjects and languages and multiple accessible formats and is powered by TCS access. With the help of SugamAya Pustakalaya — set up with the help of Daisy Forum of […]

Anil Ambani’s son Jai Anmol to be appointed Executive Director of Reliance Capital

Reliance Capital, the financial services arm of Reliance Anil ambani Group today appointed Jai Anmol Ambani, elder son of Anil Ambani to the companyś board and said he will be appointed as full time Executive Director at the companyś annual general meeting. Jai had first joined Reliance Capital in July 2014. Jai Anmol Ambani, born […]

Manpasand Beverages sets up new manufaturing facillity in Haryana

Manpasand Beverages, the company that makes ‘Mango Sip’, said it completed the construction of its new plant in Haryana at a cost of Rs 150-160 crores. The company had raised the money through itś recent IPO. The new unit will manufacture 50,000 cases of the existing range of products such as ´Mango Sip´,´Fruits Up´, carbonated […]

Tech Mahindra gets UK regulatory approval for Target Group acquisition

Tech Mahindra said UK’s Financial Conduct Authority approved its acquisition of Target Group, a financial services outsourcing and software provider. The transaction, announced on 27th May, will see the current management team remain in the business, ensuring continuity and acceleration of the Target groupś growth strategy. Target’s previous parent was Pollen Street Capital. Target Group […]