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India improves quality assurance for pharma exports; matches WHO norms
The overhaul of the approvals process for pharmaceutical exports is a concerted effort by India to address global concerns and boost confidence in the quality and safety of its pharmaceutical products in the international market.Read more
Siemens’ Innomotics: Who will purchase this motor giant?
In November of last year, Siemens announced that it is actively seeking a buyer for its Innomotics business. In this article, Vanessa Lopez explores the likely contenders to buy this motor giant.Read more
Union Health Ministry enhances Pharma Quality Control with Revised Schedule M rules
Schedule M outlines the Good Manufacturing Practices (GMP) for pharmaceutical products, and the revised version aims to ensure adherence to GMP standards, emphasising the requirements for premises, plant, and equipment related to pharmaceutical production.Read more
Boeing to invest Rs 300 cr in Chennai Engineering Center, creates over 1,100 jobs
The formal announcement of this investment, facilitated through a Memorandum of Understanding (MoU), is expected to take place during the upcoming two-day Global Investors’ Meet in Chennai.Read more
India marks Oct 10 as inaugural cGMP day to elevate pharmaceutical standards
The government has made it obligatory for all drug manufacturers to adhere to Good Manufacturing Practice (GMP) guidelines.Read more
RBI extends support for small businesses with Resolution Framework 2.0
Small businesses engaged in retail and wholesale trade other than those classified as micro, small and medium enterprises (MSMEs) will also be eligible to avail the benefit. The central bank also allowed MSMEs with loans of up to Rs 25 for restructuring businesses crore in a separate notification.Read more
World Bank steps up during Covid 19 with financing approvals exceeding $100
The Union Minister for Finance & Corporate Affairs, Nirmala Sitharaman stated this during the 103rd Meeting of the Development Committee Plenary via video conferencing recently. Read more
Welcome to IIEF 2021: The industry extravaganza
From January 1, 2021, nearly every major automobile company in India has announced a price hike due to an increase in various input costsRead more