Zydus Pharma receives USFDA approval to market for Omega 3 Acid Ethyl Esters Capsules

Zydus Pharma on Saturday announced that its US arm Nesher Pharmaceuticals has received final approval from the USFDA to market to market Omega-3-Acid Ethyl Esters Capsules USP (USRLD - Lovaza Capsules).The company in its statement said that "A type of fat found in the fish oil, Omega-3-acid ethyl esters are used along with the diet and exercise to help lower levels of certain blood fat (triglyceride), and this

Urban Ladder: Recent reports on 40 percent job cuts are incorrect

The Bengaluru based omnichannel furniture and decor retailer Urban Ladder on Tuesday clarified that “the facts represented in an article published in the Hindu BusinessLine on June 9th, 2019 are incorrect.”The company also highlighted that the news which is published by the newspaper now was from the Feb-March period.Commenting on this, the company said, “Out of 957 employees, the company, unfortunately,

Ducati launched Hypermotard 950 model in India, price starts at Rs 11.99 lakh

A Bologna-based Italian superbike maker Ducati on Wednesday launched its all-new Hypermotard 950 model in India at the price of Rs 11.99 lakh (ex-showroom).While speaking at the launch event, Sergi Canovas, Managing Director, Ducati India said that "Hypermotard range has been loved and appreciated by the riders who look for a fun and adrenalin packed motorcycle, and this new Hypermotard 950 inherits the

Urban Ladder gets 40 percent job cut

The home and office furniture retailer Urban Ladder has reportedly laid off 40 percent of its workforce in the First quarter of 2019.According to The Hindu BusinessLine reports, "the layoff by the company was majorly done to maintain the cash flow as the company failed to raise the new round investment from the investors."Citing to the management, the newspaper said "the layoff was also the part of the

Indian Economy Reacts to Narendra Modi’s Re-election

“The Indian economy is climbing to record-level stability after Narendra Modi led his Bharatiya Janata Party to a landslide victory.”With a strong mandate, investor confidence in the newly re-elected Modi government is fast becoming apparent as foreign funds increased post-election. Macroeconomic and fiscal indicators show an appreciation, but many experts suggest that the high of the Modi win might not be

Delhi High court restrains Asus from selling phones under ZEN and ZENFONE brand

Delhi High Court has restrained the Asus Technology Pvt Ltd. from selling and advertising mobile phones and accessories under ZEN, ZENFONE or any other identical trademarks in India.Hearing the plea by Telecare Network seeking to restrain Asus from selling, offering and advertising for the sale of mobile phones, accessories or any other related products or any other products under the trademark of ZEN, ZENFONE

Tech Mahindra opens new technology center at St Louis

Indian’s leading software major Tech Mahindra has announced the inauguration of its new technology center at St. Louis, in the US state of Missouri.In a statement issued by the Tech Mahindra, said that “the new center will be primarily focused on developing technologies like micro-services, automation, artificial intelligence, security, machine learning, cloud computing, big data and analytics, and blockchain.”

Zomato’s Bharatvarsh expansion, now available in more than 300 cities

In an attempt to increase the business presence in the country, A Gurgaon based online food delivery company Zomato has said that “The company has expanded its service in a hundred more Cities in a few weeks.”In a statement issued on Monday, Zomato said that “The launch mainly include the cities like Bhuj and Junagadh of Gujrat, Rishikesh in Uttarakhand, Shimla and Mussoorie of Himachal Pradesh, Hosur and

Amazon Pantry is now available in more than 110 Indian cities

To increase the presence in the grocery business, Amazon India a subsidiary of U.S. e-commerce giant Amazon.com has announced that "It has expanded its Pantry business from 40 cities to more than 110 cities in the country in a year."Saurabh Srivastava, Director of Category Management of Amazon India in its statement, said: "As the consumables are the fast-growing category on Amazon.in, and the Pantry has become

Hero FinCorp to buy Anil Ambani’s Reliance General Insurance business for Rs 5,500 to 6,000 crore

India's leading retail and commercial lending firm Hero FinCorp is in an advanced talk of buying Reliance General Insurance (RGI) a company owned Reliance Capitaland has valued the company at Rs 5,500 to Rs 6,000 crore.Quoting to the people familiar with this deal, the ET on Thursday reported "The deal is a part of the Reliance Capital's continues effort to decrease the debt of Rs 18,000 crore and by selling its