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Novartis Pharmaceutical Corp. will pay $678 million to the U.S. government to resolve suit over sham doctor outings. (PTI Photo)

Novartis reaches $678 million settlement with US authorities over...

The settlement resolves a 2011 whistleblower lawsuit accusing Novartis of violating the federal False Claims Act and...

2 July 2020 12:22 PM IST

Maharashtra home minister Anil Deshmukh on Thursday said that legal action will be taken against Baba Ramdevs company Patanjali, if it sells their anti-corona drug in the state. (PTI Photo)

AYUSH ministry nod for Patanjali Coronil, but conditions apply

The Union ministry confirmed that Patanjali can sell the product but not as a cure for COVID-19

1 July 2020 4:42 PM IST

Fujifilm to partner with Dr. Reddys to sell Avigan overseas as COVID-19 treatment. (PTI Photo)

Fujifilm partners with Dr Reddy's to sell Avigan for COVID-19...

In June, Glenmark received regulatory approval for favipiravir, generic form of Avigan, as treatment for virus...

1 July 2020 2:55 PM IST

California accuses Cisco of job discrimination based on Indian employees caste. (AFP Photo)

Cisco accused of job discrimination based on Indian employee's caste

Cisco's workforce includes thousands of Indian immigrants, most of whom were born Brahmins or other high castes

1 July 2020 10:36 AM IST

Carlyle to acquire about 25 pc stake in Airtels data centre business for about Rs 1,780 cr. (PTI Photo)

Carlyle to buy 25% stake in Bharti Airtel's data centre business

Nxtra is building multiple large data centres to capture the significant growth opportunities in the country

1 July 2020 9:36 AM IST

Indias first COVID-19 vaccine gets nod for human trials. (AFP Photo)

Bharat Biotech's COVID-19 vaccine gets nod for human trials

Human trials are scheduled to start across the country in July, developed and manufactured in Bharat Biotech's facility...

30 Jun 2020 4:12 PM IST

Gilead Sciences Inc on Monday priced its COVID-19 antiviral remdesivir at $2,340 per patient for wealthier nations and agreed to send nearly all of its supply of the drug to the United States over the next three months. (AFP Photo)

Gilead prices COVID-19 drug remdesivir at $2,340 per patient in...

Remdesivir is expected to be in high demand as one of the only treatments so far shown to alter the course of COVID-19

30 Jun 2020 11:23 AM IST

Group of Zomato food delivery platform employees in Kolkata tore and burnt their official T-shirts. (PTI Photo)

Zomato employees burn company's t-shirts, says we won't work for...

Some of them claimed that they had quit their job as Zomato has a sizeable Chinese investment

28 Jun 2020 11:14 AM IST

Shares of Piramal Enterprises were trading 0.27 per cent higher at Rs 2,074 apiece on BSE.

Carlyle Group to buy 20 pc stake in Piramal Pharma for over Rs 3,700...

Carlyle recently bought majority stake in SeQuent in the animal pharma space

27 Jun 2020 12:18 PM IST

The four Hinduja brothers -- Srichand, Gopichand, Prakash and Ashok. (Photo- Twitter)

Hindujas fight over fortune: Over $11 billion family assets at stake

Hinduja brothers signed a document saying assets held by one brother belong to all, and each of them will appoint others...

26 Jun 2020 2:57 PM IST

Maharashtra home minister Anil Deshmukh on Thursday said that legal action will be taken against Baba Ramdevs company Patanjali, if it sells their anti-corona drug in the state. (PTI Photo)

Maharashtra bans Patanjali's COVID-19 medicine 'Coronil'

Despite not having any permissions, if they try to sell the medicine or advertise, an offence will be registered against...

26 Jun 2020 10:34 AM IST

Unilevers Fair & Lovely to get makeover after backlash. (Photo- Twitter)

Fair & Lovely to lose 'Fair' from name, says Unilever

Several users on Twitter applauded the move, though some said it was too little, too late

26 Jun 2020 9:07 AM IST