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Biocon says Trastuzumab and three other drugs to give 'early mover' advantage in $30-billion market

Biotech company Biocon recently announced that clinical trials of its proposed generic version of Trastuzumab injection were successful. Jun 6, 2016
Anandiben Patel

Gujarat unveils IT policy to assist startups and incubators

The new IT policy aims to produce 2,000 new startups by providing subsidies and assistance for incubators. Jun 6, 2016
Adani coal mine project Australia

Adani may drop coal mine project in Australia owing to delays, legal issues

Gautam Adani said he was "disappointed" the project did not take off despite six years of environmental assessments and court rounds. Jun 5, 2016
IB Times

Sun Pharma divests 2 US-based manufacturing facilities

The company said it would divest two solid-oral-dosage manufacturing facilities located in Aurora and Philadelphia. Jun 5, 2016
SBI

SBI launches ATM-based facility to e-verify IT returns

SBI is the first bank to launch Electronic Verification Code via ATMs. Jun 4, 2016
jp morgan chase  J.P. Morgan Chase & Co

J.P. Morgan Chase & Co. relaxes dress code for employees: Report

Employees at J.P. Morgan Chase & Co. can now wear business-casual attire on most occasions. Jun 4, 2016
Twitter

Twitter's merger talks with Yahoo a non-event

Twitter was only interested in "sucking up information," as it backed out of the bid soon after the management meet got over. Jun 4, 2016

Micromax plans to sell phones in China, raise cash

In two years, the company may list its shares on the India bourses or invite a strategic partner to pick stake in it. Jun 4, 2016
ed-miliband-labour-will-launch-emergency-recruitment-drive-to-tackle-nhs-staffing-crisis

Who are rags-to-riches brothers Bhikhu and Vijay Patel who fleeced UK NHS?

The entrepreneurs exploited a loophole in UK's NHS drug pricing caps, hiked the cost of generic drugs after dropping the brand name. Jun 4, 2016
Alibaba

SoftBank adds to Alibaba sale, bringing total to $10 billion

SoftBank, Alibaba's top shareholder, on Wednesday said it would sell at least $7.9 billion of shares in Alibaba. Jun 4, 2016

Meet the flying hospital fighting to save the broken hearts of Tanzanias poor children

IBTimes UK visits a medical team treating children with congenital heart defects in Dar es Salaam, Tanzania. Jun 3, 2016

David Miliband defends Prime Ministers performance in EU referendum debate

Former Labour foreign secretary makes another intervention in the EU referendum campaign. Jun 3, 2016
Idea Cellular

PE firm Providence sells 3.47% stake in Idea Cellular for Rs. 1,400 crore

The share sale is at a 6 percent discount to Thursday's closing price of Rs.118.5 per share. Jun 3, 2016
Reserve Bank of India rbi

RBI calls for preventive action in banks against cyber threats

The RBI's new frameworks mandate banks to form cyber security policies to assess, monitor, control and prevent vulnerabilities. Jun 3, 2016
Mobile subscribers

TRAI seeks power to penalise errant telcos

The telecom regulator warned telecom operators for their continuing poor performances and asked to further decrease drop rates. Jun 2, 2016
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The latest promo of The 50 offers a glimpse into the show's rules and format, along with a house tour of the grand palace. The show will air from February 1, 2026, with 50 contestants set to be locked inside the house.
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Alongside the earnings announcement, the company said CEO Deepinder Goyal will step down from February 1, 2026, with Blinkit CEO Albinder Dhindsa set to take over, as Goyal looks to pursue high-risk, experimental ideas outside the public company.
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Additionally, seven drug samples were found to be spurious, manufactured by unauthorised firms using other companies' brand names, and are under investigation. The CDSCO said such actions are part of routine surveillance to ensure unsafe or substandard m
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