The number of cases pending in various high courts in India has increased during the tenure of Narendra Modi as prime minister as close to 40% of the judge positions in the higher judiciary continues to remain vacant. While there were 39.3 lakh cases pending at the 24 High Courts in India at the end […]
Indian Meteorological Department, which studies and makes predictions about the weather, has significantly improved its predictive capabilities for rainfall in recent years, the government of India said. “The absolute error of the IMD’s monsoon forecasts for the seasonal rainfall over the country has shown significant decrease after the implementation of the new statistical ensemble forecasting […]
Hindustan Media Ventures, which publishes Hindustan – the Hindi newspaper from the Hindustan Times Group, showed no signs of a recovery in its business as print media continued to grapple from the impact of rising internet penetration. Net profit fell 73% on year to Rs 13.2 cr, even as profit before exception items and tax […]
Larsen & Toubro, India’s largest construction firm, said it has won what it called a “significant” order from HPCL- Mittal Energy to construct seven cracker furnaces at the Bathinda Refinery in Punjab. The seven furnaces are of “1200 KTPA Dual Feed Cracker Unit” and is a part of the Guru Gobind Singh Polymer Addition Project. […]
Glenmark Pharmaceuticals said received approval from the United States Food & Drug Administration to sell cholesterol-lowering drug Colesevelam Hydrochloride in the country. The approval is for two packet sizes – 1.875 grams and 3.75 grams. Colesevelam Hydrochloride is the generic version of Daiichi Sankyo’s oral suspension Welchol. Welchol had annual sales of approximately $73.0 million for […]
Pharma major Lupin said its Goa facility has successfully completed an inspection by the UK Medicines and Healthcare Products Regulatory Authority. “There were no critical or major observations in the inspection,” it said, indicating that products made at the facility can continue to be sold in the UK market. This is not the first such […]
Multiplex theaters in Maharashtra will have to allow customers to carry their own food items into the exhibition hall, Maharashtra government said in the legislative assembly. The statement by consumer affairs minister Ravindra Chavan in the assembly comes in the context of a public interest litigation being heard in the Mumbai High Court about ‘overcharging’ […]
Construction major Larsen & Tourbo said it got the order to construct the tallest government building in India at Amaravati, the upcoming capital of Andhra Pradesh. It said the order was part of a contract to build Head of Department office buildings at Amaravati. The buildings will house the headquarters of the various government departments […]
Info Edge, one of India’s pioneering dotcom companies, said four of its websites were taken offline by a hardware failure at the data center. However, said the company, the websites are now working normally, and business is unlikely to be affected. The suspected hardware failure took place on Tuesday evening. The websites impacted were the […]
Three months after Tata Consultancy Services became the first Indian company to achieve a market capitalization of $100 bln (Rs 6.85 lakh cr), Reliance Industries is close to the $100 bln mark as well. At present, there are only around 100 companies in the world whose shares are worth $100 bln or more, including the […]
Cipla, one of India’s largest pharmaceuticals makers, said it has agreed to buy South African pharmaceuticals maker Mirren for 450 mln rand, or about Rs 225 cr. Mirren is a fast-growing OTC specialist with 152 mln rand of turnover in the last financial year, 123 mln in the preceding year and 83 mln in the […]
Tata Consultancy Services, the country’s largest private sector employer, said it plans to make some changes to its methodology used to hire fresh graduates from campuses from this year. Speaking to BTVI, HR head Ajoyendra Mukherjee said campus hiring for the next financial year (2019-20) will start in August or September. “More and more, even […]
The Union of India has submitted its affidavit before the Supreme Court on the controversial ‘unnatural sex’ law or Section 377. In the affidavit, the government has refused to either oppose or recommend the scrapping of the section that criminalizes all kinds of ‘unnatural’ sexual acts. It said it is leaving it ‘to the wisdom […]
Facebook has refused to block a ‘drinker’s group’ that the Kerala Police had requested to be taken down, according to local media reports. The social network reportedly told the police that the group was not in violation of its guidelines and cannot be taken down without proper justification. The Kerala Excise department is trying to […]
India’s real estate sector is witnessing a healthy turnaround with rising sales and declining inventory, numbers from Anarock Property Consultants revealed. According to the market tracker, there has been a 24% jump in real estate unit sales in the latest quarter (April-June 2018) compared to the previous three months. The jump comes on top […]
BJP leader Subramanian Swamy termed as ‘absolutely deplorable’ the action of union minister Jayant Sinha garlanding eight men held guilty of lynching a Muslim trader. “What Jayant Sinha did was absolutely deplorable, and I would call it disgusting.. if somebody has been kept in jail and just come out on bail,” Swami said in an […]
China-based Xiaomi, India’s No.1 smartphone brand, has been forced to start an aggressive TV campaign after its biggest rival, BBK Electronics, introduced its own no-frills handset RealMe 1. With this, BBK Electronics — which owns brands such as Oppo, Vivo and OnePlus — has successfully used Xiaomi’s own strategy to challenge the No.1 smartphone brand. […]
Zydus Cadila said it has received tentative regulatory approval from the US Food & Drug Administration for selling Deferasirox, used to chelate or expel excess iron from the blood. The drug is sold under names such as Exjade, Desirox, Defrijet, Desifer, Rasiroxpine and Jadenu. Tentative approval means that the company has to wait for all […]
Authorities at Little Lourdes Mission Hospital near Pala in Kerala have stopped asking patients to specify their religion after a unique form of protest by a young man named Sunil K Sudheer. Sunil had reached the hospital earlier this week for a doctor’s appointment for his 58-year-old mother Sarasamma. “I started filling the registration form,” […]
Reliance Jio’s newly unveiled qwerty handset Jiophone 2, priced at Rs 2,999, has caused much excitement due to two reasons. First, it’s probably the only phone in India to come with both 4G support as well as a QWERTY keypad in the sub-20,000-rupee price bracket. Before Jiophone 2, one would have had to go for […]
