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Time of India
2 days ago
- Business
- Time of India
Stock market update: Nifty Pharma index falls 0.95% in an upbeat market
NEW DELHI: The Nifty Pharma index traded negative around 09:59AM(IST)on Tuesday in an upbeat market. Natco Pharma Ltd.(up 0.98 per cent), Mankind Pharma Ltd.(up 0.31 per cent) and Abbott India Ltd.(up 0.23 per cent) were among the top gainers. Explore courses from Top Institutes in Select a Course Category Healthcare Data Science Others Finance Cybersecurity Data Science healthcare Operations Management Product Management PGDM MBA Degree Management Technology Public Policy Digital Marketing CXO Leadership Artificial Intelligence Data Analytics Design Thinking Project Management others MCA Skills you'll gain: Financial Analysis in Healthcare Financial Management & Investing Strategic Management in Healthcare Process Design & Analysis Duration: 12 Weeks Indian School of Business Certificate Program in Healthcare Management Starts on Jun 13, 2024 Get Details by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like The Top 25 Most Beautiful Women In The World Articles Vally Undo Aurobindo Pharma Ltd.(down 1.75 per cent), Ipca Laboratories Ltd.(down 1.74 per cent), Granules India Ltd.(down 1.62 per cent), Zydus Lifesciences Ltd.(down 1.35 per cent) and Torrent Pharmaceuticals Ltd.(down 1.33 per cent) were the top losers on the index. The Nifty Pharma index was down 0.95 per cent at 22317.3 at the time of writing this report. Benchmark NSE Nifty50 index was up 6.71 points at 25097.4, while the BSE Sensex was up 94.1 points at 82294.44. Live Events Among the 50 stocks in the Nifty index, 15 were trading in the green, while 35 were in the red. Shares of Eternal , Vodafone Idea , PC Jeweller , Swiggy and JP Power were among the most traded shares on the NSE. Shares of Lords Chloro , Eternal, Viji Finance , Sambhv Steel Tubes and Bhartiya Intnl hit their fresh 52-week highs in today's trade, while Ortel Communications, LCC Infotech, Stampede Cap, Raymond Realty and IL&FS Engg Const hit fresh 52-week lows in trade.
Time of India
4 days ago
- Business
- Time of India
Over 67,000 cases of deodorants sold at Walmart, Amazon recalled due to 'cGMP deviations'. What is it?
Over 67,000 cases of three types of Power Stick deodorant sold at Walmart, Amazon and Dollar Tree have been recalled due to 'cGMP deviations". This means the product did not meet manufacturing regulations by the Food and Drug Administration (FDA). On Thursday, the US Food and Drug Administration announced a nationwide recall of some Power Stick deodorants , manufactured by A.P. Deauville . Explore courses from Top Institutes in Select a Course Category Degree Public Policy MCA Healthcare others Leadership Management Data Analytics Data Science Cybersecurity Digital Marketing Product Management healthcare Data Science PGDM Others Design Thinking CXO Finance MBA Technology Artificial Intelligence Operations Management Project Management Skills you'll gain: Data-Driven Decision-Making Strategic Leadership and Transformation Global Business Acumen Comprehensive Business Expertise Duration: 2 Years University of Western Australia UWA Global MBA Starts on Jun 28, 2024 Get Details The recall was voluntary and involves 21,265 cases of Power Stick for Her Roll-on Antiperspirant Deodorant Powder Fresh; 22,482 cases of Power Stick Invisible Protection Roll-On Antiperspirant Deodorant Spring Fresh; and 23,467 cases of Power Stick Original Nourishing Invisible Protection Roll-On Antiperspirant Deodorant. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like The Top 25 Most Beautiful Women In The World Articles Vally Undo ALSO READ: Astronomer CEO Andy Byron's divorce bill revealed following Coldplay kiss cam controversy with HR chief The FDA states that recall is due to 'cGMP deviations.' The agency's website notes that CGMP stands for 'Current Good Manufacturing Practice' and these regulations 'make sure that a product is safe for use, and that it has the ingredients and strength it claims to have.' Live Events The antiperspirants were distributed nationwide and sold at Walmart, Amazon and Dollar Tree. A.P. Deauville also makes shampoo, conditioner, lotion, body wash and facial wipes. What is CGMP? For the recall, the FDA enforcement reported cGMP deviations , which listed failures in adhering to current good manufacturing practices as the primary reason. According to FDA, the main regulatory standard for ensuring pharmaceutical quality is the Current Good Manufacturing Practice (CGMP) regulations for human pharmaceuticals. ALSO READ: Barron Trump 'humiliated' at NYU? Professor, peers make shocking statement about US President's son "CGMP refers to the Current Good Manufacturing Practice regulations enforced by the FDA. CGMP provides for systems that assure proper design, monitoring, and control of manufacturing processes and facilities. Adherence to the CGMP regulations assures the identity, strength, quality, and purity of drug products by requiring that manufacturers of medications adequately control manufacturing operations. This includes establishing strong quality management systems, obtaining appropriate quality raw materials, establishing robust operating procedures, detecting and investigating product quality deviations, and maintaining reliable testing laboratories. This formal system of controls at a pharmaceutical company, if adequately put into practice, helps to prevent instances of contamination, mix-ups, deviations, failures, and errors. This assures that drug products meet their quality standards," FDA says. Why is CGMP so important? A consumer usually cannot detect (through smell, touch, or sight) that a drug product is safe or if it will work. While CGMP requires testing, testing alone is not adequate to ensure quality, the FDA says. In most instances testing is done on a small sample of a batch (for example, a drug manufacturer may test 100 tablets from a batch that contains 2 million tablets), so that most of the batch can be used for patients rather than destroyed by testing. ALSO READ: Shooting in Washington's Renton leaves 'multiple victims', police launch investigation Therefore, it is important that drugs are manufactured under conditions and practices required by the CGMP regulations to assure that quality is built into the design and manufacturing process at every step. However, it is important to note that no harmful substance was found in those products. "If a company is not complying with CGMP regulations, any drug it makes is considered 'adulterated' under the law. This kind of adulteration means that the drug was not manufactured under conditions that comply with CGMP. It does not mean that there is necessarily something wrong with the drug," according to FDA.
Time of India
5 days ago
- Business
- Time of India
NCLAT stays Reliance Infra insolvency proceedings
New Delhi: National Company Law Appellate Tribunal ( NCLAT ), Friday, stayed the initiation of the corporate insolvency resolution process ( CIRP ) against Reliance Infrastructure as it was informed that the company had settled the due amount. NCLAT also stayed the National Company Law Tribunal ( NCLT ) order, which admitted Reliance Infra into insolvency over unpaid debt of around ₹90 crore. Explore courses from Top Institutes in Select a Course Category MBA others Cybersecurity Operations Management Leadership Product Management Design Thinking PGDM Degree Project Management Finance Data Science Technology Public Policy CXO Data Analytics Data Science MCA Artificial Intelligence Management Others Healthcare Digital Marketing healthcare Skills you'll gain: Financial Management Team Leadership & Collaboration Financial Reporting & Analysis Advocacy Strategies for Leadership Duration: 18 Months UMass Global Master of Business Administration (MBA) Starts on May 13, 2024 Get Details Skills you'll gain: Analytical Skills Financial Literacy Leadership and Management Skills Strategic Thinking Duration: 24 Months Vellore Institute of Technology VIT Online MBA Starts on Aug 14, 2024 Get Details NCLT, in May, concluded that Reliance Infra was in default of payment of ₹90 crore to Dhursar Solar Power Private Limited (DSPPL) as part of an Energy Purchase Agreement (EPA) under which DSPPL supplied solar power. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like The Top 25 Most Beautiful Women In The World Articles Vally Undo NCLT had appointed Tehseen Fatima Khatri as an insolvency resolution professional. However, NCLAT, last month, suspended the NCLT order after observing that the debt amount, including interest, was paid by Reliance Infrastructure. Live Events Reliance infra also informed the stock exchange about the stay of CIRP and NCLT order in a filing, which stated "(NCLAT), today in furtherance of the order dated June 4, 2025 wherein the order dated May 30, 2025 was suspended, has been pleased to stay the order dated May 30, 2025 and the Corporate Insolvency Resolution Process against the Company." The case will be heard next on August 27.
Time of India
7 days ago
- Business
- Time of India
New Zealand ends open-plan classroom construction after schools report noise and behavior management issues
New Zealand ends open-plan classroom construction after schools report noise and behavior management issues New Zealand will halt construction of open-plan classrooms following extensive feedback from schools about their effectiveness, Education Minister Erica Stanford announced today. Schools report challenges with noise control and student behavior management Stanford said the government received "overwhelming feedback" from schools indicating the classroom design was not meeting student needs. Explore courses from Top Institutes in Select a Course Category PGDM Data Analytics Healthcare Degree Operations Management healthcare Public Policy Data Science Product Management CXO MBA Cybersecurity Digital Marketing Leadership others Data Science Finance MCA Technology Artificial Intelligence Project Management Management Others Design Thinking Skills you'll gain: Financial Analysis & Decision Making Quantitative & Analytical Skills Organizational Management & Leadership Innovation & Entrepreneurship Duration: 24 Months IMI Delhi Post Graduate Diploma in Management (Online) Starts on Sep 1, 2024 Get Details Also read: New Zealand's $100 million purse for better maths education in schools by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like The Top 25 Most Beautiful Women In The World Articles Vally Undo "While open-plan designs were originally intended to foster collaboration, they have often created challenges for schools, particularly around noise and managing student behaviour," Stanford stated. Modern Learning Environments (MLEs) featuring flexible layouts, reduced walls, and multiple classes with teachers were introduced by the Ministry of Education in 2011 under John Key's National Government to promote collaboration and flexibility. Government adopts standard classroom designs with flexible features "In many cases, open-plan classrooms reduce flexibility, rather than enhance it. We have listened to the sector, and new classrooms will no longer be open plan," Stanford said. Live Events The government has not designed or built open-plan classes since taking office, except for specifically requested projects. All new classrooms will use standard designs "that prioritise flexibility over open-plan layouts." Also read: New Zealand Finance Minister Nicola Willis' budget 2025 full speech: Trump's tariffs, slow growth, economi "For example, the use of glass sliding doors mean spaces can be open when classes collaborate but can also close for focused learning. This approach ensures schools have fit-for-purpose environments that support a range of teaching and learning styles," Stanford explained. Classroom construction costs reduced by 28 per cent Stanford said new classrooms would be "efficient and sustainable" while noting the government reduced average classroom costs by 28 per cent. "We're continuing to drive down costs so more Kiwi kids can access them, faster. In 2025, new classrooms cost on average $620,000 compared to $1.2 million at the end of 2023," she said. Wellington schools receive $25 million investment for new classrooms Stanford announced two Wellington schools would receive new classrooms through a $25 million targeted investment addressing population growth. Newlands Intermediate will receive 10 new classrooms, while Aotea College will get 16 classrooms. "Aotea College is a prime example where existing open-plan classrooms did not support learning outcomes. The lack of functionality of the open design meant spaces could not be shared or multipurpose due to disruption and noise," Stanford said. Also read: Auckland's Kingsway School teacher accused of assault, police probe launched Construction planning is underway for both projects, with building expected to begin within 12 months.
Time of India
15-07-2025
- Automotive
- Time of India
Green goals: Chandigarh Eyes 1.26Cr Tonne CO2 Drop by 2030
1 2 3 Chandigarh: In a powerful push toward sustainability, the Chandigarh Administration has unveiled an ambitious roadmap to slash carbon dioxide emissions by over 1.2 crore tonnes by the year 2030. This green mission is part of the newly launched State Action Plan for Climate Change 2.0 (SAPCC), approved by the Centre. At the heart of the plan is a vision to decarbonise the city's power consumption, complete electrification of public and commercial transport, and ensuring all new commercial buildings are net-zero buildings. The State Action Plan for Climate Change 2.0 (SAPCC), which was recently unveiled after approval from the Centre, outlines the road map to achieve this ambitious target. Under the plan, the main strategies will include making the city a Model Solar City by 2030 by implementing various solar rooftop programmes, including PM Suryaghar Muft Bijli Yojana, and sourcing the balance power needs from non-fossil energy sources such as hydro, solar, wind, and nuclear. "Installation of 224 MW through various solar rooftop programmes is planned. An annual emission reduction of about 2,68,000 tCO2e by 2030 is estimated. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like The Top 25 Most Beautiful Women In The World Articles Vally Undo Currently, the city is producing around 90 MW through solar energy," said a UT official. In the transport sector, in addition to providing greater incentives under the Chandigarh Electric Vehicle Policy, the UT will convert its entire bus fleet to electric buses within the SAPCC plan period. It also aims to achieve the highest penetration of Zero Emission Vehicles among all Indian cities by the end of the policy period by providing incentives, promoting environment-friendly commute systems (including converting all buses to electric buses), building EV charging infrastructure, introducing an integrated transport management system (ITMS), and creating public awareness. "In 2024, EVs accounted for 15.26% of total vehicle registration, which is targeted to be increased to 70%," states the plan. To reduce the carbon footprint of the city, the UT also aims to make a big push for energy efficiency in the building sector. The administration is planning to retrofit existing buildings to meet improved energy standards. "The administration aims to adopt the concept of ECBC norms in all newly constructed govt buildings by 2030. Similarly, green building standards and certification will be promoted, and net-zero emissions buildings will be introduced and promoted in the city," states the plan. More focus is being given towards implementing various systems to consolidate existing operations and deriving energy from solid waste in terms of overall energy generation. The city also plans to establish an Integrated Solid Waste Management (ISWM) system. "Implementing various municipal waste processing systems to consolidate existing operations is needed, and deriving energy from solid waste can benefit the system in terms of overall energy generation," states the plan.
