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 »
German man hid 40-tonne World War II tank in basement
A 78-year-old German man hid a rare World War II heavy weapons collection, including a 40-tonne Nazi Panther tank, in his basement bunker. Police in Heikendorf, northern Germany, found the... read more »
US says only 60 Syrians being trained to fight IS
Only about 60 Syrian rebels are being trained by the United States to take on the Islamic State group, Defense Secretary Ashton Carter said today, admitting it was far below the number... read more »
India, Kazakhstan for strengthening cooperation in multilateral frameworks
Prime Minister Narendra Modi and Kazakhstan President Nursultan Nazarbayev have emphasized that strengthening of cooperation in multilateral frameworks between Kazakhstan and India would... read more »
South Sudanese now sheltering in UN bases
The number of South Sudanese civilians sheltering in UN bases has risen above 150,000 for the first time in 18 months of civil war, the United Nations said today. A total of 153,769... read more »
Indian beaten 0-4 as defence succumbs against Belgium
It been a roller coaster ride for Indian hockey team in FIH Hockey World League. India suffered a crushing 0-4 defeat against above ranked Belgium in the semifinal of the FIH Hockey World League... read more »
