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Tag: business news

Eli Lilly’s weight loss drug slashes the risk of developing diabetes in long-term trial

Posted on August 20, 2024 By Admin No Comments on Eli Lilly’s weight loss drug slashes the risk of developing diabetes in long-term trial
Eli Lilly’s weight loss drug slashes the risk of developing diabetes in long-term trial

Eli Lilly’s highly popular weight loss drug reduced the risk of developing Type 2 diabetes by 94% in obese or overweight adults with prediabetes compared with a placebo, according to initial results from a long-term study released Tuesday.  The late-stage trial on tirzepatide, the active ingredient in the company’s weight loss injection Zepbound and diabetes…

Read More “Eli Lilly’s weight loss drug slashes the risk of developing diabetes in long-term trial” »

Health

Boost for IAF’s fighter fleet! Sukhoi 30-MKI jets likely to get new engines in Rs 21,000 crore deal – Times of India

Posted on August 15, 2024 By Admin No Comments on Boost for IAF’s fighter fleet! Sukhoi 30-MKI jets likely to get new engines in Rs 21,000 crore deal – Times of India
Boost for IAF’s fighter fleet! Sukhoi 30-MKI jets likely to get new engines in Rs 21,000 crore deal – Times of India

Sukhoi 30-MKI fighter jets set for a boost! The Defence Ministry is looking to sign a deal worth approximately Rs 21,000 crore to procure jet engines for its Su 30MKI fighter fleet. Hindustan Aeronautics Limited (HAL) will manufacture the engines in India, starting from the raw material stage, to replace the ageing engines nearing the…

Read More “Boost for IAF’s fighter fleet! Sukhoi 30-MKI jets likely to get new engines in Rs 21,000 crore deal – Times of India” »

Business

Eli Lilly’s Zepbound and Mounjaro now available in U.S. after shortages, FDA says

Posted on August 2, 2024 By Admin No Comments on Eli Lilly’s Zepbound and Mounjaro now available in U.S. after shortages, FDA says
Eli Lilly’s Zepbound and Mounjaro now available in U.S. after shortages, FDA says

An injection pen of Zepbound, Eli Lilly’s weight loss drug, is displayed in New York City on Dec. 11, 2023. Brendan McDermid | Reuters All doses of Eli Lilly’s highly popular weight loss injection Zepbound and diabetes drug Mounjaro are now available in the U.S., according to an update on the U.S. Food and Drug…

Read More “Eli Lilly’s Zepbound and Mounjaro now available in U.S. after shortages, FDA says” »

Health

Min balance fines fetch PSBs Rs 8.5k crore in 5 years – Times of India

Posted on July 31, 2024 By Admin No Comments on Min balance fines fetch PSBs Rs 8.5k crore in 5 years – Times of India
Min balance fines fetch PSBs Rs 8.5k crore in 5 years – Times of India

MUMBAI: Public sector banks have collected Rs 8,495 crore over five years from depositors who did not have enough money in their savings accounts by way of fines for not maintaining minimum balance. This works out to an average of Rs 1,699 crore a year and is more than what govt has budgeted for incentivising…

Read More “Min balance fines fetch PSBs Rs 8.5k crore in 5 years – Times of India” »

Business

Op-ed: How well can AI chatbots mimic doctors in a treatment setting? We put 5 to the test

Posted on July 18, 2024 By Admin No Comments on Op-ed: How well can AI chatbots mimic doctors in a treatment setting? We put 5 to the test
Op-ed: How well can AI chatbots mimic doctors in a treatment setting? We put 5 to the test

Dr. Scott Gottlieb is a physician and served as the 23rd Commissioner of the U.S. Food and Drug Administration. He is a CNBC contributor and is a member of the boards of Pfizer and several other startups in health and tech. He is also a partner at the venture capital firm New Enterprise Associates. Shani…

Read More “Op-ed: How well can AI chatbots mimic doctors in a treatment setting? We put 5 to the test” »

Health

India likely to overtake Japan to become 3rd largest global market for Sony in 2 years – Times of India

Posted on June 30, 2024 By Admin No Comments on India likely to overtake Japan to become 3rd largest global market for Sony in 2 years – Times of India
India likely to overtake Japan to become 3rd largest global market for Sony in 2 years – Times of India

Japanese consumer electronics giant Sony expects India to overtake home market and become the company’s third largest market globally in the next couple of years with its revenue from the country reaching Rs 10,000 crore. Sony India Managing Director Sunil Nayyar said the company clocked a revenue of Rs 6,353 crore in 2022-23 in the…

Read More “India likely to overtake Japan to become 3rd largest global market for Sony in 2 years – Times of India” »

Business

Pfizer struggles to claw back faith with Wall Street and its employees as it recovers from the Covid decline

Posted on June 28, 2024 By Admin No Comments on Pfizer struggles to claw back faith with Wall Street and its employees as it recovers from the Covid decline
Pfizer struggles to claw back faith with Wall Street and its employees as it recovers from the Covid decline

Kena Betancur | Corbis News | Getty Images Pfizer had a “phenomenal” first quarter — and Wall Street took notice, CEO Albert Bourla told thousands of employees during a companywide town hall on May 2, according to a recording heard by CNBC.  A day earlier, the pharmaceutical giant’s stock had closed 6% higher after its…

Read More “Pfizer struggles to claw back faith with Wall Street and its employees as it recovers from the Covid decline” »

Health

‘Unavailability of engines’: IndiGo to receive compensation from Pratt & Whitney for grounded aircraft – Times of India

Posted on June 15, 2024 By Admin No Comments on ‘Unavailability of engines’: IndiGo to receive compensation from Pratt & Whitney for grounded aircraft – Times of India
‘Unavailability of engines’: IndiGo to receive compensation from Pratt & Whitney for grounded aircraft – Times of India

NEW DELHI: InterGlobe Aviation, the parent company of budget airline IndiGo on Friday said that it has reached an agreement with International Aero Engine (IAE), an affiliate of Pratt & Whitney, to receive a “customised” compensation package, for grounded aircraft.In a regulatory filing InterGlobe Aviation said, “On June 14, 2024, InterGlobe Aviation Ltd finalised an…

Read More “‘Unavailability of engines’: IndiGo to receive compensation from Pratt & Whitney for grounded aircraft – Times of India” »

Business

FDA approves two new Abbott over-the-counter continuous glucose monitors

Posted on June 10, 2024 By Admin No Comments on FDA approves two new Abbott over-the-counter continuous glucose monitors
FDA approves two new Abbott over-the-counter continuous glucose monitors

Abbott Chairman of the Board and CEO Robert B. Ford delivers a keynote address at CES 2022 at The Venetian Las Vegas on January 6, 2022 in Las Vegas, Nevada. Ethan Miller | Getty Images Abbott Laboratories announced Monday it received approval from the U.S. Food and Drug Administration for two new continuous glucose monitoring…

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Health

Wipro, IISc partner for AI health tech – Times of India

Posted on May 28, 2024 By Admin No Comments on Wipro, IISc partner for AI health tech – Times of India
Wipro, IISc partner for AI health tech – Times of India

New Delhi: IT services major Wipro on Tuesday announced a partnership with the Centre for Brain Research to leverage the power of AI, machine learning, and big data analytics for health behaviour innovations. CBR is an autonomous, non-profit research organisation hosted at the Indian Institute of Science.A release announcing the collaboration between Wipro and the…

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Business

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