Mahindra XUV700 first-month sales at 1,370, vs 50,000 bookings

Mahindra & Mahindra manufactured 1,535 units and sold 1,370 units of its latest and most high-profile passenger vehicle, XUV700, in the first month of sales – September 2021. This is only 2% of the total outstanding booking for the vehicle. Its predecessor, XUV500, had sold 1,213 units in its first month of sales, in October […]

Palred launches India’s cheapest Alexa speaker at 1,799

Palred Tech, which sells IT and entertainment accessories under the pTron brand, has launched India’s cheapest Alexa speaker, priced at just Rs 1,799. The speaker comes with Alexa voice commands, and supports streaming music from services such as Amazon Prime Music, Gaana, Hungama Music, Jio Saavn and so on via wifi. pTron Musicbot Cube will […]

Biocon, Lupin launch new drugs in USA

Bicon Ltd and Lupin Ltd, two India-based pharmaceutical manufacturers, launched two drugs in the US, separately. Bangalore-based Biocon launched an immunosuppressant, while Lupin launched a pain relief drug. Biocon’s drug is called Tacrolimus, and it is a calcineurin inhibitor. The company said the drug is used in organ transplant patients to reduce the body’s ability […]

L&T says good response to Seawoods Residences Ph II

Larsen & Toubro, India’s biggest construction firm, said it has got an encouraging response to the launch of its second phase of its Seawoods Residences project in Navi Mumbai. The first phase of the semi-premium housing project, launched early last year, saw decent levels of interest, with reports claiming that the company got 1,800 bookings […]

Lupin launches asthma drug in the US

Pharmaceutical major Lupin said it launched the asthma drug Budesonide Inhalation Suspension ampules in the US market.   Budesonide Inhalation Suspension ampules are a generic equivalent of Pulmicort Respules Inhalation Suspension drugs of UK-based pharma firm AstraZeneca. Budesonide Inhalation Suspension ampules had annual sales of approximately USD 385.4 million in the US. Budesonide is used […]

Dr Reddy’s launches Daptomycin antibiotic in US

Pharmaceutical firm Dr Reddy’s Laboratories Ltd said it has launched Daptomycin antibiotic in the US market. Daptomycin is used alone or in combination with other medications to treat certain blood infections or serious skin infections caused by bacteria. It belongs to a class of medications called cyclic lipopeptide antibiotics. Daptomycin is marketed in the United […]

Lupin launches generic epilepsy tablets in the US

Pharmaceutical major Lupin announced the launch of a generic equivalent of Lundbeck Pharms’ Onfi tablets in the US market. Clobazam is used to control seizures in adults and children 2 years of age and older who have Lennox-Gastaut syndrome. Lennox-Gastaut syndrome (LGS) or childhood epileptic encephalopathy is a pediatric epilepsy syndrome characterized by multiple seizure […]

Dr Reddy’s Laboratories launches Testosterone Gel in the US

Hyderabad-headquartered Dr Reddy’s Laboratories said it has launched a therapeutic equivalent of AbbVie Inc’s AndroGel in the US market, a month after rival Lupin did so. Testosterone Gel is used for hormone replacement in men who are not able to produce enough testosterone. The medication is absorbed through the skin, enters the bloodstream, and helps […]

TCS launches AI-based IT incident prevention solution in Japan

Tata Consultancy Services launched its artificial intelligence-based IT repair and prevention solution, ignio, in Japan. “When System outages occur today, businesses dedicate vast resources to rectify the problem. Oftentimes, multiple teams are called together to identify the root cause and devise resolution plans. “This can take Several hours and sometimes days. ignio” is able to […]

Lupin launches injectable iron formulations in India

Pharma major Lupin Limited said it launched Iron Isomaltoside injectable iron formulation under two brand names “Isofer” and “Jilazo” in India. Lupin acquired the exclusive rights to market, distribute and sell the injectable formulation from Denmark based Pharmacosmos A/S. The product is currently marketed in 33 countries, including 21 European Union countries under the brand […]

Dr Reddy’s Labs launches osteoporosis drug in the US

Dr Reddy’s Laboratories Ltd said it launched raloxifene hydrochloride tablets –used to treat osteoporosis — in the US market. Raloxifene hydrochloride tablets are a therapeutic equivalent generic version of Evista (raloxifene hydrochloride) tablets. A generic drug is a pharmaceutical drug that is equivalent to a brand-name product in dosage, strength, route of administration, quality, performance, and […]

Uflex launches pouch to extend shelf life for ghee

FMCG company Uflex said it launched new pouche for liquids like ghee or clarified butter for long shelf life. The pouch with sonically sealed spout has been offered to Paras Dairy for packing it’s ghee. Uflex, founded in 1983, is India’s largest end-to-end flexible packaging company. Jeevaraj Pillai, Joint President, Packaging and New Product Development, […]

itel launches VoLTE phone with Iris scanner @ Rs 8,490

itel Mobile said it has launched its s flagship selfie phone, ´it1520´ at Rs 8,490 in India. it520 is equipped with wide angle 13 MP front and back cameras, Iris scanner, 4G-VoLTE connectivity and a Reliance Jio connection. The model runs on Android 6.0 Marshmallow. “The latest launch from itel is the perfect smartphone companion […]

Mahindra & Mahindra launches “eSupro” electric vans at 8.5 lakhs

Mahindra & Mahindra said it launched its “eSupro” electric vans. There will be two models — cargo and passenger. The cargo vans are priced at Rs 8.45 lacs while the passenger variant is priced at Rs 8.75 (both Delhi ex-showroom price). The eSupro platform will cater primarily to the B2B segment and would be available […]

NewU launches new beauty brand Jaquline USA

Dabur India Ltd’s beauty retail venture, NewU said it was bringing the make-up and beauty brand — Jaquline USA — to India. The new brand Jaquline USA will feature a range of make-up & beauty products. “NewU is the first Indian company to enter the Nail Care and Styling market with a range of products. […]