Dr Reddy’s climbs as drug maker launches Nexium’s generic
NEW DELHI: Shares of Dr Reddy’s Laboratories surged over 6 per cent in Monday’s trade after the drugmaker launched a generic version of Nexium following approval from the United States Food & Drug Administration (USFDA). Nexium is the world’s second most selling drug. It... read more »
Gold ETFs witness outflow of Rs 363cr in Apr-Aug FY 2016
NEW DELHI: Investors continue to pull out money from gold exchange-traded funds (ETFs), but the pace of outflow has slowed down in the current fiscal on account of the sluggish equity market trends. The Gold ETFs witnessed a net outflow of Rs 363 crore in the first five months (April-August) of... read more »
You are what you wear: Modi changes clothes four times in a day
Prime Minister Narendra Modi’s statecraft gets as much space in print, and on smart devices, as his image-craft. But then, you expect nothing less from the man who one-upped the FLOTUS in fashion terms when she came visiting India in January this year. Michelle Obama had just the right colours... read more »
Will Alibaba crash impact Indian e-commerce valuation?
NEW DELHI: When Alibaba listed on NYSE a year ago, it created history with the highest share sale value, making the Chinese e-commerce giant valued at around $230 billion. A year on, the company might create history again but this time, for the wrong reasons. Its scrip has nosedived close to 40%... read more »
Australia: PM Malcolm Turnbull’s new cabinet sworn in
Australian Prime Minister Malcolm Turnbull’s new cabinet was on Monday sworn-in with five women ministers, including Marise Payne who became the country’s first woman defence... read more »
Thousands left homeless by giant Chile quake
SANTIAGO: More than 9,000 people were left homeless after a powerful earthquake hit northern and central Chile last week, officials have said, dramatically increasing previous estimates.... read more »
Fury after Saudi Arabia ‘chosen to head key UN human rights panel’
The United Nations has been criticised for handing Saudi Arabia a key human rights role – despite the country having “arguably the worst record in the world” on freedoms... read more »
Nepal in turmoil, protest against new Constitution rages on; 1 person commits suicide, bom...
Protests against the new Constitution in Nepal have intensified with one member of Sadbhavana Party even committing suicide. Nepal Police has also increased its presence along the... read more »
Alexis Tsipras returns to power to secure Greek debt relief
Greek leftist leader Alexis Tsipras will return as prime minister on Monday determined to secure debt relief from the country’s creditors in his “first and most important battle”... read more »
