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Wockhardt gets FDA nod for Nicardipine injections
Drug firm Wockhardt today said it has received the final approval from the US Food and Drug Administration (FDA) for marketing Nicardipine HCI injections in 25mg/10 ml strength, used in the treatment of hypertension.

SAIL for real-time anti-dumping regime to curb cheap imports
Public sector steel major SAIL has asked the government to evolve a time-bound anti-dumping duty mechanism to curb the rising cheap steel imports at a time when profits are under pressure due to falling prices.

News of the day

JSW Energy raises Rs 465 cr from 7 anchor investors
Private sector power producer JSW Energy has raised Rs 464.86 crore through the issue of shares to seven anchor investors under its public offer, which opens tomorrow for subscription.
Online Business

Glenmark recovers partial losses

The stock recovered some of its losses to finally end at Rs 258, down over 2% from the previous close. Around 691,753 shares were traded on the BSE as compared to the two-week daily average traded volumes of 698,158 shares on the BSE. ____________________________________________________ UCO Bank seeks shareholders" nod for fund raising Negative view on state-run oil cos: Fitch Jan cement sales in high double-digit The stock today opened at Rs 263. It touched a high of Rs 267 but started slipping thereafter. It plunged 6% to a low of Rs 246 and is now at Rs 251 - down 5%. Around 111,054 shares have been traded on the BSE so far. Glenmark Pharmaceuticals recorded a net profit of Rs 53.45 crore for the first quarter, a sharp drop of 53 per cent as compared with Rs 115.37 crore during the corresponding period the previous year. The consolidated revenue, however, increased 18% to Rs 543.69 crore.


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