10 July 2024

Drug Regulator to Crack Down on Cos Not Using Barcodes

Drug regulator enforces barcode mandate on top 300 medicines to combat spurious drugs and ensure authenticity. Source and citation: Teena Thacker, ET Bureau, July 10, 2024 TLDR For This Article: India’s drug regulator mandates barcodes on top 300 medicine brands to combat counterfeit drugs, enforcing strict compliance. Analysis of this news for a layman: India’s […]

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LG Drives in Infotainment, Smart Solutions for Your Car

LG to offer advanced automotive solutions in India, partnering with top automakers to boost market presence. Source and citation: Writankar Mukherjee, ET Bureau, July 10, 2024 TLDR For This Article: LG Electronics is entering India’s automotive market with advanced infotainment and connectivity solutions, partnering with major automakers like Hyundai and Kia. Analysis of this news

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Sectoral and Thematic Funds

Sectoral and thematic funds gain popularity in mutual funds, offering opportunities and risks for investors. Source and citation: Prashant Mahesh, ET Bureau, July 10, 2024 TLDR For This Article: Sectoral and thematic funds, now a major mutual fund category, offer targeted investment opportunities but carry higher risks. Analysis of this news for a layman: Sectoral

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‘Green Energy may Power Industries’ In-house Demand’

India’s industrial power shift to renewable energy presents significant investment opportunities and industry impacts. Source and citation: Mohit Bhalla, ET Bureau, July 10, 2024 TLDR For This Article: India’s move to replace industrial fossil fuel power with renewable energy unlocks investment potential and aligns with global climate policies. Analysis of this news for a layman:

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RInfra Drops SC Plea Against HC Order in Shanghai Electric Case

RInfra withdraws SC plea, faces asset restraint order in arbitration case with Shanghai Electric. Source and citation: Indu Bhan, ET Bureau, July 10, 2024 TLDR For This Article: RInfra withdraws its Supreme Court appeal, faces asset restraint from the Delhi High Court in a $135.32 million arbitration case with Shanghai Electric. Analysis of this news

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GSK Gets Restraining Order Against Elder Laboratories

GSK wins restraining order against Elder Labs for trademark infringement, impacting pharmaceutical industry dynamics. Source and citation: Viswanath Pilla, ET Bureau, July 10, 2024 TLDR For This Article: GSK wins a legal battle against Elder Laboratories for trademark infringement, protecting its product trademarks and packaging. Analysis of this news for a layman: GSK, a global

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