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Narayana Murthy to clarify his stand on Infosys allegations, Vishal Sikka today

Infosys founder and former chairman N R Narayana Murthy is all set to lay his cards on the table on his recent allegations about possible corruption at Infosys at a conference call with investors today at 6:30 PM.UPDATE: Murthy's call has been reportedly postponed to next week.The call comes five

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Glenmark Pharma gets USFDA approval for generic version of Mylan’s anti-inflammation ointment

Glenmark Pharmaceuticals said it has got the US FDA approval to sell the generic version of corticosteroid ointment Kenalog from Mylan Pharmaceuticals.The primary ingredient is triamcinolone, a corticosteroid that reduces the actions of chemicals in the body that cause inflammation.Kenalog Ointment has annual sales of approximately $26.3 million in the

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Islamic missionaries arrested for ‘creating tension’ between groups

A group of 39 Islamic missionaries have been arrested for door-to-door distribution of religious pamphlets that said, among other things, that people who worship multiple Gods will burn in hell.The volunteers of 'Mujahid Wisdom Global Islamic Mission', who were distributing the material in villages near Kochi, were arrested on

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Tata Power to set up electric vehicle charging stations in Mumbai

Tata Power announced its plan to set up electric vehicle charging stations across Mumbai, and has set up the first one at its compound in Vikhroli."These chargers would facilitate electric car users to charge their cars (Battery Electric Vehicles such as the Mahindra e2O, Nissan Leaf, etc) at any time

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Aurobindo Pharma HIV drug gets USFDA approval under PEPFAR

Aurobindo Pharma said it received tentative approval for its for anti-HIV drug Dolutegravir, Lamivudine and Tenofovir Disoproxil Fumarate under the U.S. President's Emergency Plan for AIDS Relief or PEPFAR.The approved product is used for the treatment of HIV-1 infection along as a complete regimen in adults and pediatric patients weighing

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Wipro wins 5-year IT outsourcing deal from Telenor’s Bangladesh unit

IT solutions provider Wipro said it won a five-year IT infrastructure and applications managed-services contract from Grameenphone, the Bangladesh telecom operator owned by Norway's Telenor. Under the agreement, Wipro will manage the entire IT infrastructure of the largest mobile telecommunications operator in Bangladesh.It will be in control of end-to-end application

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Republic TV’s 5-star Facebook ratings disappear mysteriously

Tens of thousands of five-star ratings given to Arnab Goswami's Republic TV mysteriously disappeared over night, pushing the rating on the channel's official page to a low of 2.1 stars out of 5.0.It is not clear why the ratings were removed.Over the last three days, the channel has come under

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Kannur Airport: 95% of airside, 90% of cityside work completed

Kerala's fourth international airport at Kannur is very close to completion, with 95% of the airside works and 90% of cityside work completed, the government said today.Airside refers to the runway, bays, traffic control tower and so on, while city-side works refer to civilian construction components such as the parking

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FITE says 11 cases against Tech Mahindra layoffs moved to courts

The Maharashtra unit of Forum for IT Employees said 13 disputes over forced resignations and  layoffs at IT organizations have been moved to the labor courts after failed mediation attempts by state labor authorities.11 of the 13 cases were filed by employees of Tech Mahindra, and one each by those

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