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Cipla gets USFDA nod for anti-viral eye infection drug for AIDS patients

Cipla gets USFDA nod for anti-viral eye infection drug for AIDS patients

Drug major Cipla on Monday said it has received final approval from the US health regulator for Valganciclovir tablets used in the treatment of viral eye infection for AIDS patients.

Valganciclovir is used in the treatment of cytomegalovirus infection (serious viral eye infection of the retina) for AIDS patients and for prevention of cytomegalovirus (CMV) disease after organ transplant.

PNB Housing Finance gains for 10th straight day; surges 41% from 52-wk low

PNB Housing Finance gains for 10th straight day; surges 41% from 52-wk low

Shares of PNB Housing Finance were up 5% at Rs 978 per share on the BSE in intra-day trade after the housing finance company said that it has obtained refinance sanction of Rs 35 billion from the National Housing Bank (NHB) in October-2018.

The company said the funds will be utilised for the specific sector wise disbursements/end uses as per norms of the respective NHB refinance schemes.

Air India grounds top pilot for failing pre-flight alcohol test

Air India grounds top pilot for failing pre-flight alcohol test

Air India on Sunday grounded its chief of operations Captain AK Kathpalia after he allegedly failed to clear pre-flight alcohol test. Kathpalia was to operate the airline’s London-New Delhi flight on Sunday afternoon.

Sources said that Air India had to call another pilot to replace him and operate the flight (AI-111) which departed after a delay of 55 minutes, causing inconvenience to passengers.

Aircel-Maxis case: Yes Bank wants RBI to decide on Ashok Chawla continuing as chairman

Aircel-Maxis case: Yes Bank wants RBI to decide on Ashok Chawla continuing as chairman

Mumbai: Yes Bank Ltd has sought guidance from the Reserve Bank of India (RBI) over former finance secretary Ashok Chawla continuing as non-executive chairman of its board after being named in a corruption chargesheet. This follows the National Stock Exchange of India Ltd (NSE)—also chaired by Chawla—scrutinizing his continuance on similar grounds.

Aircel-Maxis case: Yes Bank wants RBI to decide on Ashok Chawla continuing as chairman

Aircel-Maxis case: Yes Bank wants RBI to decide on Ashok Chawla continuing as chairman

Mumbai: Yes Bank Ltd has sought guidance from the Reserve Bank of India (RBI) over former finance secretary Ashok Chawla continuing as non-executive chairman of its board after being named in a corruption chargesheet. This follows the National Stock Exchange of India Ltd (NSE)—also chaired by Chawla—scrutinizing his continuance on similar grounds.

Sensex, Nifty back in green, all eyes on macro data

Sensex, Nifty back in green, all eyes on macro data

The BSE benchmark Sensex recovered by over 155 points and the NSE Nifty breached the 10,600-mark in opening trade Monday on fresh buying by investors, ahead of release of macroeconomic data later in the day.

Traders said, fresh fund inflows by foreign funds and a bullish trend on other Asian bourses also influenced trading sentiments here.

Third T20 international: India scampers home off the last ball in dramatic finish

Third T20 international: India scampers home off the last ball in dramatic finish

On view was brutal force. The ball was bludgeoned to different corners of the ground. And India sealed another run-chase ...but only after a scare.

The Delhi duo of Shikhar Dhawan and Rishabh Pant, both left-handers and both explosive, cut loose when the match seemed in the balance.

Flipkart, Amazon get fashion conscious

Flipkart, Amazon get fashion conscious

The online fashion space is buzzing at the moment. Alongside vertical players such as Jabong and Myntra, horizontal e-tail platforms — the likes of Flipkart and Amazon — are steadily growing their offerings, be it through private labels or brand partnerships. RedSeer’s latest study estimates that horizontal players roughly contribute to 45% of online fashion e-commerce.

Gujarat CM Vijay Rupani government to rename Ahmedabad as Karnavati

Gujarat CM Vijay Rupani government to rename Ahmedabad as Karnavati

Taking a cue from his Uttar Pradesh counterpart Yogi Adityanath, Gujarat Chief Minister (CM) Vijay Rupani, it seems, is planning to join the bandwagon of renaming cities. The state government is poised to rename Ahmedabad as Karnavati. The CM announced that his government would rename Ahmedabad before 2019 Lok Sabha polls.

Modi government likely to sell 149 fields of ONGC to private firms

Modi government likely to sell 149 fields of ONGC to private firms

The government is mulling selling as many as 149 small and marginal oil and gas fields of ONGC to private and foreign companies and allow the state-owned firm to focus only on big fields, sources with knowledge of the development said.

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