Drug recalls from US raise export concerns
Financial Express Kochi|December 17, 2024
THE RECENT DRUG recalls by US arms of Indian drugmakers have turned the spotlight back on quality issues faced by the domestic pharma companies in the lucrative export market.
MANU KAUSHIK

Currently, Aurobindo Pharma, Glenmark and Zydus are in the process of recalling their products in the US market due to manufacturing issues. While the concerns around Aurobindo Pharma and Glenmark Pharma pertain to the "deviation from the current good manufacturing practices (cGMP)", in the case of Zydus, wrong labelling is the reason for recall.

Experts said the recent instances of recall could impact the Indian pharma industry which is already facing the heat globally due to a spate of quality issues over the past two years.

هذه القصة مأخوذة من طبعة December 17, 2024 من Financial Express Kochi.

ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.

هذه القصة مأخوذة من طبعة December 17, 2024 من Financial Express Kochi.

ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.

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Financial Express Kochi

Porsche billionaires are in a tight spot, again

PORSCHE AUTOMOBIL HOLDING SE sure knows how to do drama. Last week, the listed holding of the Porsche and Piech families warned it may have to book up to €22 billion ($23 billion) of impairments amid a decline in the market value of its 31.9% stake in Volkswagen AG and 12.5% economic interest in the Porsche AG automaker.

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3 mins  |
December 18, 2024
More Indians looking to fly biz class this holiday season
Financial Express Kochi

More Indians looking to fly biz class this holiday season

The number of Indians eyeing to fly business class has seen a sharp uptick this holiday season compared to last year. While the trend is more pronounced in international travel, travel agents and online platforms suggest that it is also emerging on many domestic routes.

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2 mins  |
December 18, 2024
Q2 a blip, growth to pick up again: FM
Financial Express Kochi

Q2 a blip, growth to pick up again: FM

The economic growth slowdown in the second quarter of the current financial year was a blip due to a slower pace of spending, but the coming quarters will likely see healthy growth, finance minister Nirmala Sitharaman said on Tuesday.

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1 min  |
December 18, 2024
Markets slump over 1%
Financial Express Kochi

Markets slump over 1%

● Investors' wealth down ₹4.92 lakh cr

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2 mins  |
December 18, 2024
EPFO weighs higher equity investments
Financial Express Kochi

EPFO weighs higher equity investments

● Labour ministry panel to look at ways to raise exposure

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2 mins  |
December 18, 2024
Indian firms turn to euro, yen swaps to trim borrowing cost
Financial Express Kochi

Indian firms turn to euro, yen swaps to trim borrowing cost

INDIAN FIRMS ARE opting for cross-currency swaps to convert part of their debt into the euro or the Japanese yen in order to trim borrowing costs, said bankers.

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2 mins  |
December 18, 2024
Financial Express Kochi

IIT-Madras to offer fine arts, culture courses

In a first for Indian Institutes of Technology (IITs), IIT-Madras on Tuesday said it would offer two supernumerary seats in each undergraduate programme to students who have achieved excellence in fine arts and culture, starting from the upcoming academic session.

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1 min  |
December 18, 2024
Financial Express Kochi

The world's busiest airline routes in 2024 are largely in Asia

Leisure continues to outshine corporate trips

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1 min  |
December 18, 2024
Financial Express Kochi

Not even 2% work-linked higher education courses yet: Report

EDUCATION-INDUSTRY MISMATCH

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1 min  |
December 18, 2024
Financial Express Kochi

KYC masking to go live on Jan 20

DEADLINE EXTENDED; BIG RELIEF TO BANKS & FINTECHS

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1 min  |
December 18, 2024