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Pakistan Army protests cross-border attacks by India

Pakistan's Director General of Military Operations protested Indian attacks on the Line of Control in Kashmir in a meeting with his Indian counterpart.According to a statement released by the Indian side, Pakistan complained that Indian Army had killed four Pakistani soldiers and one civilian by cross-border firing.India and Pakistan are

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BSNL halves 2Mbps unlimited plan to Rs 599 from 1,199

Faced with a slowdown due to the emergence of the pan-India competitor Reliance Jio, state-owned Bharat Sanchar Nigam Ltd has halved the price of its unlimited 2 Mbps DSL broadband plan to 599 per month.The player was earlier offering unlimited 2 Mbps for Rs 1,199.Though cheap by the company's standards,

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Reliance Capital receives Rs 378 cr from Nippon Life for AMC stake

Anil Ambani Group's Reliance Capital said it received Rs. 378 crore from Nippon Life Insurance, one of the largest life insurers in the world, after the foreign company increased its stake in Reliance Nippon Life Asset Management Limited to 49%.The original agreement to increase the stake from 26% to 49%

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Demonetization took India forward by 3 years – SBI

The demonetization of currency notes late last year has doubled the number of card transactions and helped push India's payment digitisation by three years, State Bank of India said in a note."Even after seven months post demonetization, the transaction value is quite large and approximately double of what it

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Mahindra launches fuel-efficient van under Jeeto brand to take on Maruti Suzuki Omni

Automaker Mahindra & Mahindra launched a new minivan based on its Jeeto platform, priced at Rs 3.45 lakh before taxes.At the price, the van is likely to appeal to semi-commercial users, such as schools, institutions and shops. The company already has a similar offering on its Maxximo platform, priced at

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Ex-Police Chief warns of imbalance in Muslim population growth

TP Senkumar, who stepped down as the head of Kerala's police force a week ago, has stirred a hornet's nest in the southern states by expressing alarm over the relatively higher fertility rate of Kerala's Muslim community compared to others.Quoting government of Kerala's statistics, Senkumar pointed out that 41.5% of

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Glenmark gets US FDA approval for generic version of Daiichi Sankyo’s hypertension drug

Glenmark Pharmaceuticals said it got approval from US authorities to launch a generic version of Daiichi Sankyo's hypertension drug Azor in various dosages.The drug had annual sales of approximately $211.6 million as of May.The approval was obtained from United States Food & Drug Administration for Amlodipine and Olmesartan Medoxomil tablets

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Lupin launches eye drug in the US

Pharma company Lupin said it launched Moxifloxacin Hydrochloride eye solution in the US.Lupin's Moxifloxacin Hydrochloride Ophthalmic solution USP, 0.5% (base), is an AT1 rated generic equivalent of Novartis Pharms Corp.'s Vigamox Ophthalmic solution.It is indicated for the treatment of bacterial conjunctivitis caused by susceptible strains of the organisms.Vigamox

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Mahindra Finance to raise Rs 2,000 cr via debentures

Non-banking financial services company Mahindra & Mahindra Financial Services said it plans to raise Rs 2,000 cr by issuing debt instruments to the public.The non-convertible debenture issue will open on July 10.The NCDs carry a rating of IND AAA from India Ratings and BWR AAA from Brickwork Ratings.The instruments will

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Zydus Cadilla gets preliminary USFDA nod for diabetes treatment

Zydus Cadila has received the tentative approval from the USFDA to market Sitagliptin and Metformin Hydrochloride Tablets used for controlling blood sugar levels."This is a fixed dose combination of two anti-diabetic drugs indicated for Type II diabetes mellitus and will be produced at the group's formulations manufacturing facility at the

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Glenmark Pharma gets UK OTC approval for anti-malarial medicine

Glenmark Pharmaceuticals said it received approval from UK authorities for to sell its Maloff Protect anti-malarial medication without prescription.It contains atovaquone and proguanil hydrochloride, and has been available only as a prescription medicine in the UK.The Medicines and Healthcare products Regulatory Agency gave approval for 250mg and 100mg film-coated

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Sun Pharma selects Samsung to manufacture psoriasis drug

Sun Pharma said it has inked a long-term agreement with Samsung BioLogics under which the Korean company will manufacture Tildrakizumab, a potential treatment for plaque psoriasis, for the Indian company.Plaque psoriasis is an autoimmune condition which results in patches of thick, red, scaly skin.The approximate value of the contract will

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