Tag: business news

Healthy Returns: Eli Lilly could soon become the first $1 trillion health-care stock

Posted on By Admin No Comments on Healthy Returns: Eli Lilly could soon become the first $1 trillion health-care stock

A sign with the company logo outside the headquarters of Eli Lilly and Company in Indianapolis, Indiana, March 17, 2024. Scott Olson | Getty Images A version of this article first appeared in CNBC’s Healthy Returns newsletter, which brings the latest health-care news straight to your inbox. Subscribe here to receive future editions. Earlier this…

Read More “Healthy Returns: Eli Lilly could soon become the first $1 trillion health-care stock” »

Health

PM Modi hails 10 years of Jan Dhan Yojana; shares how it has been ‘game-changing’ – Times of India

Posted on By Admin No Comments on PM Modi hails 10 years of Jan Dhan Yojana; shares how it has been ‘game-changing’ – Times of India

10 years of Jan Dhan Yojana: Prime Minister Narendra Modi on Wednesday celebrated the 10th anniversary of the Jan Dhan Yojana and commended those who contributed to its success. “Today, we mark a momentous occasion – #10YearsOfJanDhan. Congratulations to all the beneficiaries and compliments to all those who worked to make this scheme a success,”…

Read More “PM Modi hails 10 years of Jan Dhan Yojana; shares how it has been ‘game-changing’ – Times of India” »

Business

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

Posted on By Admin No Comments on 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 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

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 By Admin No Comments on 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 By Admin No Comments on 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 By Admin No Comments on 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 By Admin No Comments on 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 By Admin No Comments on 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 By Admin No Comments on ‘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