screenshot 2026 04 30 052856

AbbVie’s patent on immunology therapy rejected

[ad_1] New Delhi: In good news for patients, Indian Patent Office has refused a patent on MNC firm AbbVie’s blockbuster immunology therapy Rinvoq, paving the way for affordable versions to enter the domestic market. In a recent hearing, the Delhi Patent Office held that the claimed invention was “obvious” and lacked inventive step, a violation…

Read More
indian overseas bank issues clarification over keonjhar tribal man incident denies claims related to

IOB profit up 56% at Rs 5,200 crore in FY26

[ad_1] Chennai: Indian Overseas Bank’s annual net profit crossed Rs 5,000 crore for the first time, with the public sector lender reporting FY26 profits at Rs 5,209 crore, up 56% from Rs 3,335 crore in FY25, driven by higher income and lower provisions and tax expenses. The bank’s operating profit also crossed Rs 10,000 crore…

Read More
times music acquires catrack entertainment

Times Music acquires Punjabi music company Catrack

[ad_1] New Delhi: The Times Group-owned Times Music has announced the acquisition of Catrack Entertainment, its third strategic acquisition and a key step forward in its ongoing partnership with Primary Wave Music.“The deal brings a culturally significant Punjabi music catalogue into its fold, unlocking a legacy repertoire for renewed global discovery and commercial scale,” the…

Read More
130620560

RBI’s new ‘calamity chapter’ to benefit sound accounts

[ad_1] Mumbai: RBI has introduced a new ‘calamity chapter’ in its guidelines, creating a dedicated framework for disaster-related relief that separates such measures from general restructuring and tightens eligibility, accounting, and provisioning norms.Unlike in the past when relief measures were handled under broader restructuring frameworks, the new rules establish a distinct Chapter VI-A for natural…

Read More
130620412

Weak rains, war downside risks to eco: Finmin report

[ad_1] New Delhi: The West Asia conflict and weak monsoon pose a downside risk to Indian’s economic growth and may put pressure on inflation, fiscal and external deficits, the finance ministry said in its monthly economic review released on Wednesday.It, however, added that while seeking to sustain economic growth, policy is expected to safeguard medium-term…

Read More