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Stock Exchange seeks clarification from NDTV on Ajay Singh’s stake-buy

The National Stock Exchange has again sought a clarification from NDTV after the Indian Express reported that SpiceJet promoter Ajay Singh was now the biggest shareholder in the media company.UPDATE: NDTV has denied the rumors.According to the newspaper, Singh has acquired a 60% stake in the media company, restricting existing

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Google will create an iPhone rival with Pixel – expert

Google was forced to enter the smartphone hardware business as makers of Android smartphones have largely failed to develop a product that can compete against the iPhone, an industry expert said, adding that the result of union could rival what Apple has to offer."With tighter control on Pixel, Google

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Balaji Telefilms to share digital content with Vodafone

Balaji Telefilms will make its digital content available Vodafone's Play multimedia app, the telecom operator said.Nachiket Pantvaidya, CEO – ALTBalaji said the aim of his company was to make the content more widely available.“Our content caters to the Indian language, urban mass audience and is targeted at the 18-35

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L&T Technology Services to co-develop solutions with Intel unit

L&T Technology Services, the engineering services arm of the construction conglomerate, will co-develop industrial solutions with Intel subsidiary Wind River, which works in the emerging domain of Internet of Things.Under the partnership L&T Technology Services will "validate and optimize" its solutions with Wind River software platforms.These will then be

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Bharti Airtel dismayed, Vodafone disappointed by TRAI IUC cut

As expected, incumbent telecom operators have expressed their disappointment with the regulator going ahead with cutting the interconnect charges paid by one operator to another at the time of handing off internetwork calls.The operators are likely to approach the government and the court against the move to reduce interconnect charges

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Glenmark to launch Desonide topical ointment in US

Glenmark Pharmaceuticals Inc said it has got the go-ahead to launch the generic version of Perrigo's anti-inflammation ointment Desonide Ointment in the US.Desonide Ointment, 0.05% had annual sales of approximately $23.4 million for the 12 month period ending July 2017, according to IMS Health sales data.Glenmark’s current portfolio consists

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Biocon passes US-FDA inspection at Vishakapatanam plant

Biocon said the plant inspection conducted by the US Food and Drug Administration at its Vishakapatanam plant passed without incident."US FDA inspected our Active Pharmaceutical Ingredients (API) manufacturing facility in Wishakhapatnam, Andhra Pradesh from September 11 to 15, 2017 and completed the audit without any observations," it said.No form

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CPIM activists attacked for arranging Hindu-Muslim marriage in Kerala

Tensions are on the rise between the ruling CPI-M and the Social Democratic Party of India in Ambalapuzha in Kerala after Left activists were attacked, allegedly for arranging the wedding of a Muslim boy and a Hindu girl.The SDPI is second only to the Indian Union Muslim League in terms

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Wipro wins seven-year deal from European utilities co Innogy

IT services provider Wipro said it has been awarded a seven-year contract by European energy company Innogy SE to manage their data center and cloud services.Wipro will help the company, which focuses on renewables, grid & infrastructure and retail, to rationalize, virtualize and consolidate their IT infrastructure, the

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Uflex develops pack to preserve a sandwich for 8 days in room temperature

Uflex, one of the world's largest food packaging manufacturers, said it has developed an 'active' packaging material that can double the unrefrigerated shelf life of food items such as sandwiches."The special properties of the FDA approved packaging material keep the pouch active by scavenging microbial growth thereby enhancing the

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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

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