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Wellness firm NBTY ties up with Infosys for IT systems support

Last Updated: Friday, June 19, 2015, 17:46

The software major will provide enterprise-wide application development and maintenance services for NBTY's IT landscape, including Oracle E-Business Suite and legacy systems, it said in a release here.

Micromax-backed startup HealthifyMe gets 2nd round of funding

Last Updated: Thursday, June 18, 2015, 20:00

Micromax-backed digital health and fitness startup HealthifyMe on Thursday said it has received the second round of funding from angel investors.

Samples of Maggi noodles sent to Assam for testing

Last Updated: Thursday, June 18, 2015, 18:25

Mizoram government has sent samples of Maggi instant noodles from the state to the Assam Public Health Laboratory in Guwahati, a senior state health department official on Thursday said.

Elder Pharma eyes Rs 100 cr from global sales of Shelcal

Last Updated: Sunday, June 14, 2015, 13:14

The company is also looking to export another nutritional product, Thrive, a natural supplement that helps fight chronic metabolic disorders, he added. It is looking at strong prescription base in over 70 countries by March 2017.

Glenmark gets final USFDA nod for psoriasis cream

Last Updated: Thursday, June 11, 2015, 14:20

Glenmark Pharma was today trading at Rs 867.35 in the afternoon trade on BSE, up 1.19 percent.

Newsmaker Jain puts Deutsche Bank on world stage but leaves it in limbo

Last Updated: Sunday, June 7, 2015, 23:12

The bank faces high costs, huge fines, a new investigation into Russian money laundering, and a half-finished strategic overhaul now left in limbo as the two CEOs who designed it take their leave.

CAIT urges government to take action against Maggi brand ambassadors

Last Updated: Sunday, June 7, 2015, 18:23

The brand ambassador have given health guarantee to the public, which is not based on any adequate or scientific judgement and therefore makes them liable to face prosecution for violation of Section 24 of FSSAI Act, 2006, it added.

Two drugs manufactured by Wockhardt recalled in the US

Last Updated: Friday, June 5, 2015, 19:22

According to information on the US Food and Drug Administration (USFDA) website, 166 bottles of Captopril tablets of 50 mg strength are being recalled in the US.

Govt exhorts pharma firms to invest more in R&D

Last Updated: Friday, June 5, 2015, 15:19

Government on Friday urged pharmaceutical companies to increase investment in research and development (R&D) to emerge as a hub of innovation in low cost health products and services.

Nestle stock hit by Maggi row, sinks 9%

Last Updated: Wednesday, June 3, 2015, 13:27

After falling 11.86 percent to Rs 6,000 in intra-day trade, shares of Nestle finally settled at Rs 6,191.10, down 9.05 percent from its previous close on the BSE. On the NSE, it tanked 9 percent to end at Rs 6,186.95.

KPTL Q4 net dips to Rs 40 cr

Last Updated: Monday, June 1, 2015, 10:26

However, KPTL's consolidated net profit dropped to Rs 115 crore for 2014-15 from Rs 124 crore in 2013-14. Revenue for FY15 was up 2 percent at Rs 7,198 crore against Rs 7,090 crore in FY14.

Banks' loans rose 10.2% year-on-year in two weeks to May 15: RBI

Last Updated: Friday, May 29, 2015, 17:45

Indian banks` loans rose 10.2 percent in the two weeks to May 15 from a year earlier, while deposits rose 11.9 percent.