28 companies under lens for wrongly claiming services export sops

MUMBAI: The Directorate of Revenue Intelligence (DRI) has begun investigations into 28 companies that have wrongly claimed services export benefits, according to the agency, which has issued notices to them.…

Medical council cracks whip on errant doctors

HYDERABAD: The Telangana Medical Council executive and general body meeting on Wednesday took several decisions to rein in errant doctors, including suspension of a psychiatrist. Council chairman Dr E Ravindra…

Temasek in final talks to acquire 30-35% stake in AHH for $100 m

Singapore state-owned investment company Temasek Holdings is in the final stages of discussions to acquire a minority stake in Asia Healthcare Holdings, a healthcare platform set up by US-based private…

Pfizer wins appeal against UK fine for epilepsy drug price hike

LONDON, – Pfizer Inc and Flynn Pharma won an appeal on Thursday against fines totalling nearly 90 million pounds ($120 million) imposed in 2016 for ramping up the cost of…

Heartless Hyderabad: 82 babies in state-run cradles, 80% girls

HYDERABAD: There is a spurt in newborns being abandoned by parents in the city. In the last one-and-half-year, 82 abandoned infants were shifted to state-run homes and were being taken…

All about Ramdev’s Noida food park and why it matters so much to Patanjali Ayurved

NEW DELHI: Politics seems to have hit Yoga guru Baba Ramdev’s herbal and food business. A disappointed Acharya Balkrishna, MD of Patanjali Ayurved Ltd, has announced shifting of its mega…

A test that could help 30% of breast cancer patients in India avoid chemotherapy

NEW DELHI: One out of every three breast cancer patients in India may be able to avoid chemotherapy if tests are available in India at reasonable cost to predict the…

J&J gets $2.7 billion offer for sterilization unit from Fortive

Johnson & Johnson said on Wednesday that Fortive Corp had offered to buy its medical sterilization unit for about $2.7 billion in cash. J&J has been reviewing its portfolio of…

NPPA’s drug price fixing power to be curbed

NEW DELHI: In an attempt to revamp drug price regulation in the country, while strengthening implementation and market monitoring, the government is set to restructure the regulator, National Pharmaceutical Pricing…

Late-stage breast cancer cured by ‘immunotherapy’

A woman with an aggressive form of breast cancer which defied chemotherapy and spread to other organs, was cured with an experimental treatment that triggered her immune system, researchers said.…