IT major Wipro Limited has launched a Industrial Internet of Things (IIoT) centre in Kochi, its third, after Mountain View and Bangalore. Industrial Internet of Things refers to the concept of extending internet connectivity beyond conventional computing platforms such as personal computers and mobile phones...
Zydus Cadila gets USFDA nod for diabetes pill
Pharmaceutical manufacturer Zydus Cadila said it received tentative approval from the US Food and Administration for the sales of of Sitagliptin and Metformin oral diabetes tablets that help control blood sugar levels. Tentative approval implies that the company can launch the product only after the...
Bangalore-based Brigade Group to create 7 co-working spaces in 3 cities
Real estate firm Brigade Enterprises said it plans to set up seven co-working facilities in three cities as it enters one of the fastest growing segments in commercial real estate. Brigade’s Buzzworks coworking venture will start off with 2,500 seats, the company said. Coworking spaces...
Rajesh Exports gets Rs 1079 crore order from the Middle East
Jewellery manufacturer Rajesh Exports said it has won an order worth Rs 1079 crore from a “leading wholesaler and stockist” from the Middle East. The order has to be fulfilled by June. The company had recently introduced new designs in the international markets which constitute...
NIIT to provide sourcing, vendor mgt services to Signify
Skills and talent development company NIIT said it will provide sourcing and vendor management services to Netherlands-based lighting company Signify. Signify, formerly known as Philips Lightning, is one of the leading manufacturer of various lightning products. The company employs 32,000 people in 70 countries and...
Wipro Gallagher offers new version of loan origination platform
Financial software provider Wipro Gallagher, a unit of Wipro Ltd, launched the latest version of its loan origination software, NetOxygen. The new version offers more control to lenders and better streamlining, the Indian company said. Version 6.0 also offers a web-based dashboard, designed to provide...
Unichem Labs gets USFDA approval for generic Zyloprim
Pharmaceutical company Unichem Laboratories said it received final approval from the United States Food and Drug Administration for the sale of a generic version of Casper Pharma’s Zyloprim tablets. Allopurinol is a medication used to decrease high uric acid levels. It is specifically used to...
Azim Premji donates Rs 52,750 cr of Wipro shares to charity
Azim Premji, chairman of Wipro, has allocated shares worth about Rs 52,750 cr to an endowment under the Azim Premji Foundation. This means that the economic benefits of the shares — such as the money that can be obtained by selling or pledging them —...
Zydus Cadila gets USFDA nod for potassium chloride tablets
Pharmaceutical manufacturer Zydus Cadila said it received final approval from the US Food and Drug Administration for the sales of Potassium Chloride extended-release tablets for the treatment of various diseases such as prolonged diarrhoea and vomiting, hormone problems such as hyperaldosteronism and diuresis. The tablet,...
Jubilant wants to do a Dominos on Chinese food in India
Jubilant FoodWorks Limited (JFL), which operates the Dominos and Dunkin brands of fast food in India, has entered the Chinese food segment with an aim to make it affordable to the average customer. The company opened its first Hong’s Kitchen outlet today in Eros mall,...
Ramco Systems’s payroll solution wins new client in Australia
Cloud-based software firm Ramco Systems said it received an order from Australia-based property management company Opteon Solutions for its payroll management software. Ramco will implement its Single Touch Payroll software which will streamline functions such as calculation of salary, increments and incentives, retroactive pay, country-specific...
WATCH LIVE: Rahul Gandhi clears stand on terrorism, love, gender equality and Hindi-focused governance
Congress President Rahul Gandhi promised to reserve 33% of all government jobs in India to women if the Congress Party comes to power and said his government would correct the North-Indian focus of the current government. Interacting with females students at Chennai’s Stella Maris College,...
Boeing 737 MAX: Spicejet suspends 14 flights, offers refunds
India’s most aggressive low-cost carrier, Spicejet, said it has cancelled 14 flights today due to the grounding of multiple Boeing 737 MAX aircraft. The grounding is the result of a regulatory directive, which was prompted by an accident with an Ethiopian Airlines plane last week,...
SBI starts ‘doorstep banking’ for senior citizens
India’s largest commercial bank, State Bank of India (SBI), launched ‘doorstep banking’ for senior citizens, the differently-abled and infirm customers, including those with visual-impairment. Under this facility, doorstep services will be made available to fully KYC-compliant customer holders with a valid mobile number registered with...
Crowds chant ‘Indira! Indira!’ as Priyanka Gandhi takes stage in Gujarat
Crowds at a poll rally in Gandhinagar in Gujarat chanted ‘Indira! Indira!’ when Priyanka Gandhi was called to address the crowd, perhaps for the first time outside the Congress pocket borough of Amethi. It was not clear if the chanting was being done by Congress...
Piramal launches generic equivalent of Amgen’s Sensipar tabs in US
Even as US-based Amgen Inc mounts a legal challenge, Piramal Enterprises said its US partner Slate Run Pharmaceuticals has launched the generic equivalent of Amgen’s hyperthyroidism drug Sensipar. Amgen challenged Piramal’s license to manufacture a bio-equivalent version of the drug soon after the Indian company...
JSW Steel crude steel output down 6% in February
JSW Steel Limited, the flagship company of the Mumbai-based JSW Group, has reported a 6% dip in production of crude steel in February. While the company produced 13.33 lakh tonnes of crude steel in February last year, output fell to 12.57 lakh tonnes this year....
Zydus Cadila gets USFDA nod for hypertension drug
Pharmaceutical manufacturer Zydus Cadila said it received final approval from the US Food and Drug Administration to launch Atenolol and Chlorthalidone tablets to treat hypertension and chest pain. The company did not reveal the market size of the drug. Atenolol, sold under the brand name...
KEC International wins orders worth Rs 1,323 crores
Infrastructure firm KEC International Ltd said that it received orders worth Rs 1,323 crores across its various businesses. The RPG Group company’s transmission and distribution business bagged orders worth Rs 287 crore across India, UAE and the United States for various projects, including the extension...
18-year-old girl booked under POCSO for sexual assault on 16-year-old girl
An 18-year-old woman from Kerala has been booked under the Protection of Children from Sexual Offences Act or POCSO, based on the complaint of a 16-year-old. The police complaint by the family of the 16-year-old says that the girl confided in them, and accused the...