After Big PR Fail, United Airlines Tries to Fix Its Customer Service

United Airlines is trying to fix its reputation after the mess it created when a passenger was dragged off a reportedly overbooked flight. Read more »

Cipla plea in High Court against change in price of asthma drugs

Cipla claimed that the price of the powdered form of its three asthma drugs were capped without following the proper procedure prescribed under the Drug Price Control Order 2013. Read more »

21 lakh street lights replaced with LEDs, savings 295 million unit per year

The ministry said the installation of LED street lights has resulted in annual energy savings of 295 million unit, avoided capacity of over 73 mw and reduction of 2.3 lakh tonnes of... Read more »

S&P Affirms ‘BBB-’ Rating for Alicorp; with a Stable Outlook

LIMA, Peru--(BUSINESS WIRE)--Alicorp S.A.A. (“the Company” or “Alicorp”) (BVL:ALICORC1 and ALICORI1) announced that on April 27, S&P Global Ratings affirmed the Company’s ‘BBB-’ Corporate Credit Rating. The Rating Outlook remained ‘Stable’. To... Read more »

Fitch Affirms ‘BBB’ Rating for Alicorp; with a Stable Outlook

LIMA, Peru--(BUSINESS WIRE)--Alicorp S.A.A. (“the Company” or “Alicorp”) (BVL: ALICORC1 and ALICORI1) announced that on April 26, Fitch Ratings affirmed the Company’s ‘BBB’ foreign and local currency long-term Issuer Default Ratings, as... Read more »

Lupin gets three observations from USFDA for Goa plant

As per the USFDA, observations are made in Form 483 when investigators feel that practices in the facility are such that products may become adulterated. Read more »

RBI Deputy Governor Viral Acharya calls for all-out sale of weak state-run banks

"Perhaps re-privatising some of the nationalised banks is an idea whose time has come ... this would reduce the overall money government needs to inject as bank capital," Acharya said. Read more »

UDAN scheme to create 100 airports over the next 2-3 years: Jayant Sinha

On Thursday, Prime Minister Narendra Modi launched the highly-subsidised regional air connectivity scheme UDAN from Shimla. Read more »

PSBs to raise Rs 17,800 crore to shore up capital

The country's second largest public sector lender Punjab National Bank will raise up to Rs 3,000 crore through Basel III compliant additional tier-I bonds. Read more »

Dr Reddy’s gets 11 observations from USFDA for Hyderabad plant

The audit of our formulations manufacturing plant-3 at Bachupally, Hyderabad by the USFDA has been completed today, said Dr Reddy's Lab. Read more »