News for 'Regulatory Agencies'

Expert panel bats for Covovax as Covid booster jab for adults

Expert panel bats for Covovax as Covid booster jab for adults

Rediff.com12 Jan 2023

It has been approved by the European Medicines Agency for conditional marketing authorisation.

Ranbaxy recalls skin care drug from UK

Ranbaxy recalls skin care drug from UK

Rediff.com7 Jul 2011

In 2009, Ranbaxy had to recall about 4,000 cartons of Sotret Isotretinoin through its US-based subsidiary.

Privacy issues: Facebook readies for legal battles

Privacy issues: Facebook readies for legal battles

Rediff.com10 May 2010

The Electronic Privacy Information Centre, an advocacy group, last week filed a complaint against Facebook and asked the FTC to investigate recent changes made by the company that make more information public by default and automatically share information with other websites.

Credit card, passport details of 45 lakh flyers leaked in massive Air India data breach

Credit card, passport details of 45 lakh flyers leaked in massive Air India data breach

Rediff.com22 May 2021

Air India's passenger service system provider SITA faced a sophisticated cyberattack in February this year leading to leak of personal data of 4.5 million passengers -- which included passengers of the national carrier -- from across the world, an official statement said on Friday. Personal data -- including name, date of birth, contact information, passport information, ticket information and credit card data -- which was registered between August 11, 2011, and February 3, 2021, has been leaked of a certain number of Air India's passengers, the statement issued by the airline said. "While we and our data processor continue to take remedial actions...We would also encourage passengers to change passwords wherever applicable to ensure safety of their personal data," it said.

EC hints to deploy central forces in poll bound states

EC hints to deploy central forces in poll bound states

Rediff.com11 Feb 2021

Tamil Nadu, Kerala, West Bengal, Assam and the Union Territory of neighbouring Puducherry are likely to go to polls in April or May.

Online Shoppers, Please Read This!

Online Shoppers, Please Read This!

Rediff.com13 Dec 2023

An online company would show a particular price to the customer and then quickly increase the cost after analysing consumer behaviour or detecting any kind of desperation.

Viagra could kill you!

Viagra could kill you!

Rediff.com16 Mar 2009

Viagra has landed 109 people in their graves, say reports. According to the Medicines and Healthcare Products Regulatory Agency, the anti-impotence drug had triggered 44 fatal heart attacks, along with perpetrating 29 other sudden deaths.Seven people allegedly lost their sight and two became deaf after taking the drug, reports The Sun.

COVAX urges equal recognition of WHO approved vaccines

COVAX urges equal recognition of WHO approved vaccines

Rediff.com2 Jul 2021

Calling for 'equal recognition of vaccines', COVAX on Thursday urged all governments to recognise as 'fully vaccinated' those people who have received COVID-19 vaccines deemed safe by World Health Organisation, saying any move that restricts travel of people based on the vaccines they have received is 'counter-effective, both in spirit and outcome'.

How safe are these herbal medicines?

How safe are these herbal medicines?

Rediff.com18 Aug 2005

The suspect medicines and the companies include Sudarshan tablets made by Zandu Pharmaceuticals, India, Shilajit capsules made by Dabur India Ltd, Safi liquid made by Hamdard Wakf-India

Jet Air to cut salaries, send many staff on leave without pay

Jet Air to cut salaries, send many staff on leave without pay

Rediff.com18 Nov 2022

Jet Airways, which is yet to resume operations under its new owner, will reduce salaries for various staff and send many employees on leave without pay, amid uncertainty over resumption of its operations. The measures, which will be effective from December 1, were revealed hours after the winning bidder Jalan-Kalrock Consortium (JKC) said it might take "difficult" near-term decisions to manage cashflows. The once-storied airline shuttered operations in April 2019 and JKC's resolution plan was approved under the insolvency process by the National Company Law Tribunal (NCLT) in June last year.

FSDC not a super regulator: Pranab

FSDC not a super regulator: Pranab

Rediff.com2 Apr 2010

The government today said the proposed Financial Stability and Development Council, an inter-regulatory agency headed by the finance minister, would not act as a super regulator.

Crowdsourcing ideas: IBBI seeks public views on IBC regulations till date

Crowdsourcing ideas: IBBI seeks public views on IBC regulations till date

Rediff.com13 May 2023

In what could result in a complete overhaul of the Insolvency and Bankruptcy Code (IBC), the insolvency regulator has sought public comments on the regulations it notified under the code to date. The Insolvency and Bankruptcy Board of India (IBBI) has given a window of eight months ending December 31 to all stakeholders to share their views on its regulations. IBBI has called the exercise "crowdsourcing of ideas".

Go to other states and burst firecrackers: SC hands-off on Delhi ban

Go to other states and burst firecrackers: SC hands-off on Delhi ban

Rediff.com13 Sep 2023

The Supreme Court on Wednesday refused to interfere with the Delhi government's order putting a comprehensive ban on manufacturing, storage, sale and bursting of firecrackers in the city, saying people's health is important.

Why Speak Asia seems to be like a Ponzi scheme

Why Speak Asia seems to be like a Ponzi scheme

Rediff.com26 May 2011

Of late Speak Asia (www.speakasiaonline.com) has been in the news and is being investigated by various regulatory agencies of the government, including the ministry of corporate affairs.

SC to announce panel of experts tomorrow in Adani shares crash case

SC to announce panel of experts tomorrow in Adani shares crash case

Rediff.com1 Mar 2023

The Supreme Court is scheduled to pronounce on Thursday its order on a batch of PILs on the recent Adani group shares crash triggered by the Hindenburg Research's fraud allegations.

Ex-Sebi boss M Damodaran on what ails India's financial sector

Ex-Sebi boss M Damodaran on what ails India's financial sector

Rediff.com22 Dec 2022

Regulatory capacity, hyperactivity and excessive prescription are the biggest challenges the financial sector is facing, said Meleveetil Damodaran, former chairperson, Securities and Exchange Board of India (Sebi). Speaking at the Business Standard BFSI Summit on Wednesday, Damodaran highlighted the need for simpler, clear, and continuous regulations in the financial sector. He opined that the industry had felt it challenging to keep pace with the changing regulations.

Govt finalises nine bank chiefs

Govt finalises nine bank chiefs

Rediff.com24 Feb 2010

The government is finalising appointment of at least nine public sector bank chiefs and a dozen executive directors who would replace them or fill existing vacancies.

'Biden has thrown out the rule book for India'

'Biden has thrown out the rule book for India'

Rediff.com29 Sep 2023

'In the long run, I don't foresee major ramifications [about Trudeau's allegations].' 'There's just enough hypocrisy among Western nations for India to douse the outrage.'

G20 Summit: Startups hope Delhi Declaration to help ease capital access

G20 Summit: Startups hope Delhi Declaration to help ease capital access

Rediff.com11 Sep 2023

The Indian startup ecosystem has lauded the inclusion of startups in the New Delhi Leaders' Declaration for the first time ever in the history of G20. Industry stakeholders say that the move will lead to easier access to capital, reduce regulatory hurdles, and may revive funding activity. The Declaration, through the Startup20 initiative, recognised startups as "natural engines of growth" and key to socio-economic transformation by driving innovation and creating employment.

Satyam: BJP questions role of SEBI, govt

Satyam: BJP questions role of SEBI, govt

Rediff.com9 Jan 2009

Demanding a probe by central regulatory agency into the financial irregularities committed by software company Satyam Computer Services, the Bharatiya Janata Party (BJP) on Friday alleged that a scam of such proportions was not possible without the support of SEBI, MCA, Planning Commission and the Andhra Pradesh government.

BJD's Jay Panda backs bill to amend TRAI Act

BJD's Jay Panda backs bill to amend TRAI Act

Rediff.com14 Jul 2014

Biju Janata Dal member of Parliament Baijayant 'Jay' Panda on Monday supported the Bill to amend Telecom Regulatory Authority of India Act, which seeks to remove a legal hurdle in the appointment of former chairman of telecom regulatory body Nripendra Misra RPT Misra as principal secretary to Prime Minister Narendra Modi.

WHO issues alert against syrup by Indian manufacturer

WHO issues alert against syrup by Indian manufacturer

Rediff.com25 Apr 2023

The WHO on Tuesday issued a product alert over contaminated syrup by an Indian manufacturer, warning that it is unsafe for use, especially in children, and may result in serious injury or death.

Govt agrees to set up experts panel, SC to hear plea on Adani row on Friday

Govt agrees to set up experts panel, SC to hear plea on Adani row on Friday

Rediff.com13 Feb 2023

The Centre has no objection to a proposal for setting up a panel of domain experts to look into strengthening the regulatory mechanisms for the stock market, the Supreme Court was told on Monday while it was hearing pleas relating to the Adani stocks rout after the Hindenburg report.

India, Canada to tap pharma opportunities

India, Canada to tap pharma opportunities

Rediff.com23 Nov 2007

The drug regulatory agencies of India and Canada are planning to collaborate on improving the quality of drugs traded between the two countries, besides helping the industry in both the countries to tap the opportunities in the field of generic medicines and drug development.

Merck to license oral Covid drug Molnupiravir to 5 Indian firms

Merck to license oral Covid drug Molnupiravir to 5 Indian firms

Rediff.com27 Apr 2021

Drug firm MSD has decided to enter into voluntary licensing agreements for investigational oral antiviral drug candidate 'Mmolnupiravir', which is being studied for the treatment of Covid-19, with Indian drug firms Sun Pharma, Cipla, Dr Reddy's, Emcure Pharma and Hetero Labs, its Indian arm said on Tuesday.

Alembic seeks allies in US to double sales

Alembic seeks allies in US to double sales

Rediff.com8 Sep 2008

The Rs 1,027-crore (Rs 10.27 billion) company has filed 13 abbreviated new drug applications and 22 drug master files with the US Food and Drug Administration and regulatory agencies in Europe for supply of formulations and active pharmaceutical ingredients. Some of the ANDAs challenge innovator patents and the company's strategy will be to partner with established companies in the US and Europe for marketing formulations, said Pranav Amin, director, Alembic.

If Ambani Buys Disney Star...

If Ambani Buys Disney Star...

Rediff.com18 Nov 2023

Assume Voot, JioCinema and Disney+ Hotstar are merged into one entertainment app, and you have a streaming service with more than 233 million unique visitors. That is a reach just under half of India's largest streaming app: YouTube. 'This level of consolidation does not exist even in the US.'

Uzbekistan cough syrup deaths: Noida firm loses production licence

Uzbekistan cough syrup deaths: Noida firm loses production licence

Rediff.com12 Jan 2023

A team of central agencies and the Uttar Pradesh drug department had carried out an inspection at the firm's office in Noida on December 29 and taken six more samples for testing.

In talks with India over 'expedited approval' of Covid vaccine: Pfizer

In talks with India over 'expedited approval' of Covid vaccine: Pfizer

Rediff.com3 May 2021

Earlier in April, Pfizer said that it had offered a not-for-profit price for its vaccine for the government immunisation programme in India and it remains committed to continuing engagement with the government to make the vaccine available in India.

Why Is USFDA Inspecting India Pharma Firms?

Why Is USFDA Inspecting India Pharma Firms?

Rediff.com30 Dec 2022

Indian drug firms continue to work closely with the FDA, and most have also appointed consultants to help them grasp the regulatory minutiae in the US.

Pfizer seeks approval in India for Covid vaccine

Pfizer seeks approval in India for Covid vaccine

Rediff.com6 Dec 2020

'Pfizer India has submitted an application on December 4 to the DCGI seeking emergency use authorization for its COVID-19 vaccine in India'

Can't take media reports as gospel truth, says SC, backs SEBI on Adani probe

Can't take media reports as gospel truth, says SC, backs SEBI on Adani probe

Rediff.com24 Nov 2023

The Supreme Court on Friday said it has no reason to "discredit" SEBI, which probed allegations against the Adani group, as there was no material before it to doubt what the market regulator has done and the court does not have to treat what was set out in the Hindenburg report as a "true state of affairs".

Chanda Kochhar offers to be director of ICICI Securities

Chanda Kochhar offers to be director of ICICI Securities

Rediff.com22 Aug 2018

Kochhar retires by rotation, and being eligible, has offered herself for reappointment as director, said the broking arm in a notice for its Annual General Meeting to be held on August 30

Zydus Cadila to sell Sertraline in France

Zydus Cadila to sell Sertraline in France

Rediff.com22 Nov 2005

Zydus Cadila Healthcare Ltd on Tuesday said it has received approval from the French regulatory agency, AFSSAPS, to market Sertraline capsules 25 mg and 50 mg, in the French market.

Coming Soon: 'Trusted Fact Checkers'

Coming Soon: 'Trusted Fact Checkers'

Rediff.com4 Mar 2023

The government wants a collaborative model with a public-private partnership to fact-check social media content.

Cipla gets nod to import Moderna vaccine for emergency use in India

Cipla gets nod to import Moderna vaccine for emergency use in India

Rediff.com29 Jun 2021

India's drug regulator Drugs Controller General of India has granted permission to Mumbai-based pharmaceutical company Cipla to import Moderna's COVID-19 vaccine for restricted emergency use in the country, official sources said on Tuesday.

ED freezes over Rs 64-cr bank deposits of crypto exchange WazirX

ED freezes over Rs 64-cr bank deposits of crypto exchange WazirX

Rediff.com5 Aug 2022

The federal agency said it conducted raids against a director of Zanmai Lab Pvt Ltd, which owns WazirX, on August 3 in Hyderabad and alleged he was "non-cooperative". The agency's probe against the crypto exchange is linked to its ongoing investigation against a number of Chinese loan apps (mobile applications) working in India.

DCGI approves market authorisation for Covovax as Covid booster dose

DCGI approves market authorisation for Covovax as Covid booster dose

Rediff.com17 Jan 2023

The DCGI's approval came following recommendation by the Subject Expert Committee of the Central Drugs Standard Control Organisation.

HDFC Bank, 2 PSBs fined for regulatory lapses

HDFC Bank, 2 PSBs fined for regulatory lapses

Rediff.com25 Jul 2016

Reserve Bank carried out the investigation and noted the deficiencies which were reflective of weaknesses and failures in internal control mechanisms