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Zydus Cadila gets USFDA nod for generic cancer drug

Zydus Cadila gets USFDA nod for generic cancer drug

DRUG maker Zydus Cadila today (25) received an approval from the US health regulator to market Pemetrexed injection in the American market.

Pemetrexed is used to treat certain kinds of cancers such as lung cancer, mesothelioma. It is a chemotherapy drug that helps in slowing or stopping the growth of cancer cells.


The firm got nod from the US Food and Drug Administration (USFDA) for the injection in the strengths of 100mg/vial, 500 mg/vial, and 1000 mg/vial, single-dose vials, it said in a statement.

The approved drug will be produced at the formulation manufacturing facility at Ahmedabad in India, the company said.

Zydus Cadila now has 319 approvals.

Since 2003-04, the company has filed over 400 abbreviated new drug applications (ANDAs).

The company discovers, develops, manufactures, and markets a broad range of healthcare products. The group employs around 25,000 people worldwide.

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Air India’s success takes flight on women’s wings

On International Women’s Day 2025, Air India operated flights with all-women teams across the air and on the ground

Air India’s success takes flight on women’s wings

ON A recent Air India flight from Heathrow to Delhi in a brand new Airbus A350, a routine announcement from the flight deck said the aircraft was under the command of Neelam Ingale and Ruhani Dogra.

One of the female members of the cabin crew was surprised that Eastern Eye was surprised that both the pilot and co-pilot were women. This was nothing unusual, she indicated.

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World Bank backs upgrade of Bangladesh port

Chittagong’s Bay Terminal project aims to expand port capacity and boost export efficiency

World Bank backs upgrade of Bangladesh port

BANGLADESH and the World Bank last Wednesday (23) signed two financing agreements worth $850 million (£634.1m) to strengthen the country’s trade capacity, create jobs, and modernise its social protection system, the Washington-based global lender said.

The bulk of the funding – a sum of $650m (£484.8m) – will support the Bay Terminal Marine Infrastructure Development Project, an initiative to expand and modernise port facilities in the southeastern district of Chittagong. The project will include constructing a 6-km (3.7-mile) climate-resilient breakwater and access channels, allowing the port to accommodate larger vessels. This is expected to sharply reduce turnaround times, lower transportation costs, and boost Bangladesh’s export competitiveness.

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Adani Group

A logo of the Adani Group is seen on a commercial complex in Mumbai.

Reuters

India’s market regulator accuses Adani nephew of insider trading

THE Securities and Exchange Board of India (SEBI), India’s market regulator, has accused Pranav Adani, director of several Adani group companies and nephew of Gautam Adani, of sharing unpublished price sensitive information in violation of insider trading rules, according to a document reviewed by Reuters.

SEBI sent Pranav Adani a notice last year alleging that he shared details about Adani Green's 2021 acquisition of SB Energy Holdings with his brother-in-law before the deal was made public, a source and the SEBI document said.

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Mukesh Ambani  says  India’s media and entertainment industry could hit £80 billion  by 2035

Reliance Chairman Mukesh Ambani speaks about his vision for India's media and entertainment industry to reach £80 billion by 2035

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India’s media and entertainment industry could hit £80 billion mark by 2035, says Mukesh Ambani

India’s entertainment industry, already a powerful force, is now being seen as a serious engine for economic growth and not just culture. At the WAVES 2025 summit in Mumbai, Reliance Chairman Mukesh Ambani painted a clear picture: what is today a £22 billion (£1.83 lakh crore) industry could cross £80 billion (£6.67 lakh crore) in the next decade. But he says this growth will not happen on its own, it needs the right backing.

Ambani is not talking about small steps. He envisions India building advanced content hubs across the country, supporting creators with world-class training in animation, visual effects, gaming, and AI-led storytelling tools. In his words, this could unlock millions of jobs, spark new businesses, and bring global attention to Indian content.

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Air India faces loss from Pakistan airspace ban, seeks support

FILE PHOTO: Air India aircrafts are seen parked at the Chhatrapati Shivaji Maharaj International Airport (CSMIA) in Mumbai. (Photo by INDRANIL MUKHERJEE/AFP via Getty Images)

Air India faces loss from Pakistan airspace ban, seeks support

AIR INDIA expects to face around $600 million (£480m) in additional costs if a ban from Pakistan's airspace lasts for a year, and has asked the federal government to compensate it for the hit, a company letter seen by Reuters shows.

Indian airlines are bracing for higher fuel costs and longer journey times after Pakistan shut its airspace to the country's carriers in a tit-for-tat retaliation following an attack on tourists in Kashmir last week.

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