Reliance Jio has pulled its enormously popular Jio Music app and replaced it with JioSaavn, a new app based largely on Saavn, a competitor that the company had acquired in March. Users who have enabled auto-updating of their apps will be upgraded to the new application automatically. With over 100 mln (10 cr) downloads, Jio […]
At least four militants are carrying out a terror attack on the Chinese consulate in Karachi, Pakistan. The police are trying to neutralize the militants, resulting in heavy firing on both sides. The militants have been reported to have killed the security guards at the consulate. The militants are reported to have tried to enter […]
Weeks after Mahindra & Mahindra announced the Marazzo, Maruti Suzuki has announced a total revamp of its affordable utility vehicle, Ertiga, at a cost of Rs 900 cr. The company said the vehicle, which has an image of being rather boringly utilitarian due to its plain looks, has been totally rebuilt using its parent Suzuki’s […]
Jewelry manufacturer Rajesh Exports said it has won an order for jewelry worth Rs 933 Crores from a UAE-based firm. The order is for its new design jewelry, and will be supplied from its manufacturing facility. It order has to be fulfilled by March. The company had recently introduced new designs in the international markets which […]
Hathway, one of India’s top cable feed providers, said it will launch its Smart Hub, a smart set-top-box that will run Google’s Android operating system, in the market next month. This will make it the second big player to come on-board the Android TV platform, a special version of Android OS that is customized to […]
Maruti Suzuki is on track to see growth of more than 10% this year in the shipment of its highest-selling premium car ever, the Vitara Brezza. In the first seven months of the year, it has sold 95,000 units of mini SUV, or 13,571 units per month. Last year, it had sold an average of […]
The situation around the entry of women into Sabarimala temple has worsened into a major public relations and law and order challenge for the Kerala government, with fresh criticism from the Kerala High Court and the Congress Party. Kerala State Congress Chief Ramesh Chennithala today said the CPIM was trying to facilitate the growth of […]
Hathway Cable & Datacom, one of India’s largest cable feed providers, said the implementation of a new TRAI tariff scheme for television from next month will empower consumers, even as it will be ‘not so good’ for broadcasting groups that make heavy use of bundling. Bundling refers to the practice by broadcasting companies of making […]
Women’s rights activist Trupti Desai has decided to return, but has promised to come back, Malayalam media reported, quoting police sources. The decision comes after protesters at the Cochin International Airport refused to budge even after 14 hours. Desai had been holed up at the airport after the police cautioned her against venturing out in […]
Zee Keralam, the Malayalam channel from India’s second biggest TV broadcasting company, will launch in exactly ten days on Nov 26, the company has revealed. Zee will compete with Malayalam offerings from Star India, Sun Network and local channels like Flowers and Amrita. The group, which entered the adjoining Telugu and Tamil markets over the […]
Bhumata Brigade head and women’s rights activist Trupti Desai has been blocked by protesters at the Cochin International Airport by protesters. The activist reached Cochin at around 4:40 AM, and quickly drew protesters. The number of protesters outside the airport has been increasing as news about Desai’s entry spread and currently number in the hundreds. […]
Maharashtra Chief Minister Devendra Fadnavis has dropped a hint that the Maratha community will get reservation in jobs and education on December 1. Speaking at a rally today, Fadnavis said that people who are preparing for demonstrations to demand reservations for the community should instead prepare for celebrations on Dec 1. “Some say we will […]
Mahindra & Mahindra has taken a leaf out of its commercial vehicle rival Eicher Motors and brought back to life one of India’s most loved motorcycles – the Jawa, also known as Yezdi. It launched two models today — a classic that closely resembles the original Jawa of the 1960s and 70s, and a ’42’ […]
Pharmaceutical manufacturer Lupin said it received approval from the US FDA for launching Decitabine injection for treating conditions caused by defective blood cells, known as myelodysplastic syndromes. Decitabine for Injection, 50 mg/vial, Single-Dose Vial had annual sales of approximately USD 135.9 million in the US. The drug is the generic equivalent of Otsuka Pharmaceutical Co. Ltd.’s […]
Moody’s Investors Service has changed the outlook on Tata Motors Limited’s corporate family rating to ‘negative’ from ‘stable’, a day after it cut its rating on company’s UK unit by one notch. A negative outlook indicates that there is likelihood of a cut in the credit rating. The ratings firm, however, did not cut the […]
Havells India, one of the fastest growing appliances and electrical gear makers in the country, said it will launch a wifi-enabled, temperature-sensitive smart fan next year. Named ‘Enticer Smart’ after its Enticer series, the fan would have smart capabilities, such as automatically adjusting its rotating speed based on the temperature of the room. The fan […]
Indian pharmaceutical manufacturer Lupin said it received regulatory approval to launch a generic version of AstraZeneca’s asthma inhalation medicine. Budesonide Inhalation Suspension is among medium-sized drugs sold in the United States, with annual sales of around $475 million. It is sold by AstraZeneca under the name Pulmicort Respules Inhalation Suspension. The drug is indicated for the […]
Cipla said is US subsidiary has agreed to acquire a US company developing an intravenous formulation of the pain-relief medicine Tramadol for up to $215 million (Rs 1,500 cr). The transaction will be done in two phases, with a $35 million injection into the company, Avenue Therapeutics, in the form of purchase of new shares for […]
Jet Airways managed to sequentially bring down its pretax loss by a smidgen due to its recently started cost cutting measures during the second quarter, and announced further measures to reduce losses. Even as revenue rose sequentially by Rs 170 cr in Jul-Sep quarter, total non-tax expenses rose by only Rs 144 cr, which had […]
Pharma major Lupin said it has launched pneumonia suspension Atovaquone, a generic substitute for Glaxosmithkline’s Mepron oral suspension. The drug, in the dosage of 750 mg per 5 milliliter, had annual sales of approximately USD 119 million in the US. It is indicated for the prevention of Pneumocystis jirovecii pneuomonia (PCP) in adults and adolescents aged […]
