Cadila receives USFDA approval for Linezolid Tablets
Cadila receives USFDA approval for Linezolid Tablets (an anti-bacterial agent used to treat certain serious bacterial infections).
The drug will be manufactured at the Pharma SEZ in Ahmedabad – Positive for Cadila.
Axis Bank drops on complaint filed by UIDAI
Shares of Axis Bank dropped on NSE in an otherwise positive market as the report suggests that complaint has been filed against the Bank by UIDAI.
The Unique Identification Authority of India (UIDAI) has filed a criminal complaint against Axis Bank, Suvidhaa Infoserve and eMudhra for allegedly storing biometrics and using them in an unauthorised manner, and all related transaction requests from these organisations have been put on hold.
Tata Motors JLR launches Jaguar XF sedan in India
Tata Motors (JLR) launches locally made Jaguar XF sedan in Indian market at Rs.47.50 lakh; positive read thru
Jaguar Land Rover launched its locally manufactured all-new Jaguar XF sedan at a starting price of Rs. 47.50 lakh (ex-showroom Delhi).The all-new Jaguar XF will be available in two options — a 2-litre Ingenium diesel engine with a power output of 132 kW and a 2-litre petrol engine with a power output of 177 kW.
The new sedan also comes with a slew of advanced technology features, including InControl Touch Pro with the all-new 25.9 cm (10.2) touchscreen infotainment system and a meridian sound system.
Coal India arm approves buy back worth Rs1244.12 cr
Coal India’s arm -Northern coalfields approved buy back worth Rs 1244.12 crore at Rs1.62 lakh per share; positive for Coal India
Lupin’s arm Kyowa enters into agreement with Astellas
Lupin announced that its Japanese subsidiary Kyowa Pharmaceutical Industry Co., Ltd. and Astellas Pharma Inc. have entered into an agreement providing Kyowa the exclusive right to distribute and promote extended-release tablets of quetiapine fumarate in Japan.
Astellas submitted a new drug application (NDA) withthe Ministry of Health, Labour and Welfare in Japan for extended-release tablets of quetiapine fumarate for theindication of improvement of depressive symptoms associated with bipolar disorder.
When Astellas obtains an approval for the new drug application of extended-release tablets of Quetiapine fumarate, based on the agreement, Kyowa will exclusively distribute and promote the products in Japan, Lupin said.
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