Free Press Journal
  • Sensex opens 142 points higher, Nifty turn volatile; midcap stocks crack

    Mumbai: The benchmark Sensex turned volatile after opening on a positive note in early trade today amid weakness in banking, pharma, metals, realty and IT stocks. The 30-share index was trading flat at 36,373.23 after beginning the session 142.14 points higher. The index had lost 146.52 points in the previous session.

  • Sensex turns rangebound; Nifty above 10,500 

    Mumbai: The BSE Sensex pared morning gains to turn rangebound amid losses on IT, pharma and auto counters, and mixed Asian cues. The 30-share index was trading higher at 34,317.73 at 1200 Hrs, with a gain of 12.30 points, or 0.04 per cent. The broader Nifty50 index was also trading above 10,500-level at 10,526.10, up 2.25 points or 0.02 per cent.

  • Pharma giant Glaxo acquire Novartis’s 37 percent shares for $13 billion

    Pharmaceutical giant GlaxoSmithKline Plc is buying 37 percent stakes of the other giant company Novartis. The company bought the shares for $13 billion. The company funded its purchase by selling its other companies such as Horlicks and other brands.

  • Free Press Journal and Moneycontrol forum on Cold chain solutions today: All you need to know

    Mumbai: Dairy, meat, pharma, agriculture, etc, the list can go on. Cold chain solutions can be critical for all these sectors. But in spite of the urgent need, there is still not much not done as yet. Nonetheless, its role in agriculture remains the key driver for doubling farmers’ incomes by minimising food loss and preserving nutritional value as well. It augments food safety

  • sensex

    Sensex at new high on fund inflows; Nifty above 10,600

    Mumbai: The BSE Sensex soared to life-time high of 34,331.85 and the NSE Nifty crossed the 10,600 level for the first time in early trade today on strong gains in pharma, IT and banking stocks amid optimism over quarterly earnings by corporates.

  • Myra Medicines founder Faizan Aziz on how technology has made it easy to supply medicines online

    A Bengaluru-based startup, Myra Medicines, has been exploring the online business model to supply medicines. The company which relies heavily on technology, offers discounted medicines online with the convenience of home delivery. While the potential of the activity cannot be disputed, it is also full of challenges. The company founder Faizan Aziz discusses the sector contours and how the company is leveraging technology for aggressive growth, with Pankaj Joshi.

  • Sensex drops 59 points on global cues

    Mumbai :  Continuing its downward journey for the second straight day, BSE Sensex on Wednesday fell over 59 points to end at 28,005.37 on selling mainly in IT, Oil&Gas, pharma counters as participants remained cautious amid indication that US Fed could raise rates as early as September. The BSE benchmark index on Wednesday opened marginally lower at 28,061.79 and hovered in a range of 28,174.30 to 27,960.14 before closing at 28,005.37, showing a

  • Glenmark

    Glenmark Pharma gets USFDA nod for two generic drugs

    New Delhi: Glenmark Pharma today said it has received final approval from the USFDA to manufacture and market Potassium Chloride extended release capsules and oral contraceptive Norethindrone Acetate and Ethinyl Estradiol tablets in the American market.

  • Novartis: India needs predictable IPR regime

    New Delhi : A “highly predictable” IPR regime is needed for the pharma industry in India to develop to the level of the US or Europe, a senior executive of Swiss drug major Novartis said.

  • INDIA-AFRICA-TRADE-SUMMIT

    India-Africa Summit: A summit success

    Another foreign policy success redounded to the credit of Prime Minister Modi with the successful conclusion of the India-Africa Summit in New Delhi on Thursday. Heads of state and government from fifty-four African countries gathering under one roof under the aegis of the Indian Prime Minister is no mean achievement. India is beginning to play its rightful role in global affairs. The African continent is slowly but surely putting aside its colonial

  • All’s not fair with ‘fairness’ creams: FDA investigates

    Mumbai : After issuing notices to the Himachal Pradesh based manufacturer Torque Pharma and making a seizure of its fairness cream products which showed presence of steroids, the Food and Drug Administration (FDA) have sent samples of around 10 fairness creams companies whose products are being sold in the Indian market for analysis and testing to check whether the products contain steroids. The state FDA Commissioner stated that the results are expected

  • Govt plans to set up Rs 500 cr VC fund for pharma industry

    New Delhi : The government plans to set up Rs 500 crore venture capital fund to boost domestic pharma industry and provide cheaper loans to entities looking to establish or upgrade manufacturing facilities.

  • Divestment: Govt mulls sale of unused land of pharma PSUs

    New Delhi : The government is contemplating the sale of prime properties worth thousands of crores owned by state-owned pharma firms such as Hindustan Antibiotics, BCPL and IDPL but are lying unutilised in cities like Mumbai, Pune and Hyderabad, reports PTI.

  • Daiichi to sell stake in Sun Pharma

    Tokyo/New Delhi : Japanese drug maker Daiichi Sankyo will sell part or all of its holding in Sun Pharmaceutical Industries which its received following the merger of Ranbaxy into the Indian pharma major.

  • Sensex rises over 116 points to end at 27, 206.74

    Mumbai :  Ignoring weak global markets, the benchmark Sensex on Monday reversed initial losses and closed up with a gain of over 116 points at two-week high of 27,206.74 on the back of buying in blue-chips like ITC and ONGC.

  • Symposium held on cleanliness and health

    Burhanpur: Mankind Life Star Pharma, Delhi organised a seminar on the topic ‘complete cleanliness and health’ in the Professor Brijmohan Mishra Institute of Medical and Technical Sciences college on Saturday.  During this, through PowerPoint presentation, main speaker and gynecologist Dr Surekha Puniwala addressed the students and informed them about the importance of cleanliness and its impact on health. She gave many tips to students regarding maintaining cleanliness. She said that for a

  • PCI accreditation to UIPS

    Ujjain : Pharmacy Council of India (PCI) has given accreditation to Ujjain Institute of Pharmaceutical Sciences (UIPS). Committee at PCI has given accreditation for the year 2016-17 to the institute. Giving the information, chairman of the institute Vivek Jaiswal told that only UIPS has now national accreditation in division and it is one of a kind gift for the pharma students of the area.