Aurobindo Pharma gets EIR with VAI status from USFDA for Hyderabad facility
Shares of Aurobindo Pharma were trading at Rs 508.50 a piece on BSE.
USFDA issues warning letter to Cipla for Goa manufacturing facility
Drug firm Cipla Ltd said that the US health regulator has issued a warnin...
Rs 37 lakh penalty on Samsung for not passing GST credit
The NAA further said in its order that Samsung India had increased prices for approp...
Walmart bets on PhonePe cash withdrawal facility
Data she shared at the conference showed PhonePe’s annual payments value stood at $180 billion with nearly 20 million daily users on the platform.
Harsh Vardhan says govt intends to set up coronavirus testing facility for Indians in Iran
One scientist from the National Institute of Virology (NIV) in Pune has been sent to Iran while three more from the Indian Council of Medical Research (ICMR) will leave at 4 pm on Wednesday to check the feasibility of setting up a laboratory there for conducting coronavirus test.
Godrej Consumer soars 7% as Credit Suisse upgrades stock
The Swiss broker said Godrej Consumer Products is finally coming out of a rough patch.
GST officers to take steps to check export valuation, devise SOP for verification of risky taxpayers
Measures to check export valuation, including capping of value for calculating export benefits and incentives, were also discussed and proposed for further examination.
Bank seizure snuffs out hope for quick India shadow bank revival
Yes Bank’s collapse threatens to sharpen the division between the weak and strong in India’s financial system.
Bank credit growth dips to 8.5 pc in January: RBI data
During the month, personal loans segment grew by 16.9 per cent. Within personal loans, credit to housing segment grew by 17.5 per cent from 18.4 per cent, while education loan showed a negative growth of 3.1 per cent as against a negative growth of 2.3 per cent in January 2019, RBI data showed.
Rising US LNG supply to make natural gas affordable for India
“Law of supply and demand, more US gas contributing to the global supply, I’m optimistic will bring down the cost of gas globally. The efficiency of the US industry when it comes to production, transportation, I’m hopeful that the cost of gas will come down to where it will be affordable for India,” said Neil Chatterjee, Chairman of the Federal Energy Regulatory Commission.
Yes Bank users can now make over Rs 2 lakh payments towards loans, credit cards via other bank a/cs
Current accounts can be also debited for more than Rs 50,000 towards salaries in accounts maintained with Yes.
GST: Changes and method to claim Input Tax Credit answered
Small business owners often voice a few queries related to input tax credit (ITC). This article seeks to answer some of the commonly asked questions and list out the key changes in the process.
SBI expects Q4 corporate credit growth at 5 to 7%
Largest commercial lender State Bank of India (SBI) is anticipating that growth in corporate credit offtake during the last quarter (Q4) of current fiscal of the bank to be in the region between five to seven per cent on year-on-year basis, an official of the bank said.
Biocon gets 3 USFDA observations for insulin facility in Malaysia
USFDA had conducted a pre-approval inspection of Biocon's subsidiary Biocon Sdn BHd's manufacturing facility in Malaysia for Insulin Glargine between February 10 and 21. "At the conclusion of the inspection, the agency issued a Form 483 with three observations which we believe are procedural in nature," a Biocon spokesperson said in a regulatory filing.
USFDA reopens investigation of Aurobindo’s unit 4 facility
Co receives USFDA communique that inspection completed by the regulator in Nov 2019 is still open.
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