DRUGS TECHNICAL ADVISORY BOARD
Maha house passes special security bill to tackle left-wing extremism
The Maharashtra Assembly approved a bill targeting Left-wing extremism. The Maharashtra Special Public Security Bill, 2024, allows the state to ban organizations. It also allows the state to prosecute individuals linked to them. Critics are concerned about potential misuse. Devendra Fadnavis assured safeguards are in place. He mentioned similar laws exist in other states.
Shareholders block Zee promoters' stake hike bid
Zee Entertainment's proposal to issue convertible warrants to promoter group entities failed to secure shareholder approval at an EGM, highlighting concerns over corporate governance. While 60% voted in favor, it fell short of the required 75%. The plan aimed to raise ₹2,237.44 crore, increasing the promoter stake to 18.39%, but faced opposition from proxy advisory firms and shareholders.
Zee fundraising fails as shareholders block founding family from raising stake
Zee Entertainment Enterprises failed to secure shareholder approval for a warrant issuance aimed at boosting the Goenka family's stake. The proposal, seeking to raise ₹22.37 billion, fell short of the required 75% majority due to concerns about share dilution.
Two Trades for Today: A major solar module maker for 7.25% rise, a mid-cap asset management stock for close to 6% gain
Technical analysis identifies select stocks that may gain momentum even in volatile markets. Here are the technical calls for today.
Need to boost production of coir and by-products: MSME MoS Shobha Karandlaje
Karandlaje also stressed collaboration with national institutions and technology transfer to farmers for scalable, high-value coir products, promoting eco-friendly practices.
India's most diverse companies deliver 50% higher profits, says study
With more and more companies prioritising inclusivity, a study has revealed that the most diverse companies delivered 50 per cent higher net profit compared with less diverse counterparts.
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Varda Space raises $187 million to accelerate development of drugs in space
Varda Space Industries secured $187 million in funding, led by Natural Capital and Shrug Capital, to advance robotic drug manufacturing in space. This investment will enable Varda to increase flight frequency and develop a pharmaceutical lab for microgravity-enabled drug formulations.
NEET PG 2025: NBEMS issues advisory for students on exam scams. Check details
The National Board of Examinations in Medical Sciences (NBEMS) has cautioned NEET PG 2025 aspirants about fraudulent communications circulating with false information. NBEMS clarified that its official websites are natboard.edu.in and nbe.edu.in and its sole messaging outlet is a verified WhatsApp channel.
PC Jeweller shares up 4% ahead of board meeting on fundraising plan
PC Jeweller shares: The company currently has a market capitalization of Rs 12,251 crore. Its stock is nearing its 52-week high of Rs 19.65, significantly rebounding from the 52-week low of Rs 6.04, reflecting a strong recovery in its share price over the past year.
Two Trades for Today: A quick-commerce major for almost 8% rise, a mid-cap air compressor maker for close to 6% upmove
Technical analysis identifies select stocks that may gain momentum even in volatile markets. Here are the technical calls for today.
AP POLYCET 2025 Seat Allotment Result to be released today at polycet.ap.gov.in; check steps to download and more
The AP POLYCET 2025 seat allotment result, crucial for candidates seeking diploma admissions in Andhra Pradesh, will be released by the Department of Technical Education on July 9, 2025. Candidates can check their status on polycet.ap.gov.in using their hall ticket and other credentials.
Anthem Biosciences sets IPO price band at Rs 540-570/share
Anthem Biosciences is launching its IPO from July 14-16. The price is fixed between Rs 540 to Rs 570. The IPO aims to raise Rs 3,395 crore through offer-for-sale. The company will use the funds for expansion. Anthem's revenue increased by 30% in FY25. The IPO will be listed on BSE and NSE on July 21.
IndiGo flight's engine develops technical snag mid-air due to a bird hit
Two IndiGo flights returned shortly after takeoff due to technical issues. On Wednesday, a Delhi-bound flight from Patna with 175 passengers returned after a bird hit caused engine trouble. A day earlier, an Indore-Raipur flight with 51 passengers returned due to a technical fault after flying 60 nautical miles.
PC Jeweller shares surge 5% ahead of board meeting on fundraise proposal
PC Jeweller shares rose 5.2% after the company announced a July 10 board meeting to consider fundraising via preferential allotment. The gain followed a sharp drop after ASM inclusion. The stock had earlier surged on strong Q1 business updates, including an 80% revenue jump and debt reduction. Technicals remain bullish, though RSI signals overbought conditions.
Pharma lobby flags 'cumbersome' export rule, seeks change
Pharma lobby groups are urging for changes to the centralized no-objection certification (NOC) for drug exports due to a significant export decline. The requirement for approvals from importing countries or Indian regulators has increased trade diversions. Industry experts are calling for a review of the provision, citing burdens on exporters and potential stifling of innovation, especially for MSMEs.
Flush these 17 expired medicines now. India's top drug regulatory body issues stern warning
India’s top drug regulator, the Central Drugs Standard Control Organisation (CDSCO), has issued a warning against throwing expired or unused medications in dustbins, urging the public to flush 17 high-risk drugs — including painkillers and anxiety medications — to prevent harm to humans, animals, and the environment.
Raipur-bound IndiGo flight returns to Indore due to technical fault
An IndiGo flight, 6E-7295, carrying 51 passengers from Indore to Raipur, made a return to Indore airport shortly after its 6:35 am takeoff on Tuesday. The unscheduled return was prompted by the pilot detecting a technical fault approximately 60 nautical miles from the airport.
Two Trades for Today: An industrial gases major for a 5.75% rise, a mid-cap health service provider for almost 6% upmove
Technical analysis identifies select stocks that may gain momentum even in volatile markets. Here are the technical calls for today.
WBJEE Result 2025 to be declared soon at wbjeeb.nic.in; check steps to download and more
West Bengal Joint Entrance Examinations Board will soon announce the WBJEE 2025 results. Thousands of engineering aspirants are waiting for the result. The result is important for admissions to engineering, pharmacy, and architecture courses in West Bengal. Candidates can check their rank cards on wbjeeb.nic.in. Counselling schedules and cut-off details will be released after the result.
Two Trades for Today: An auto ancillary firm for close to 9% surge, a mid-cap engineering stock for almost 6% gain
Technical analysis identifies select stocks that may gain momentum even in volatile markets. Here are the technical calls for today.
Grounded Thai Lion Air plane departs Kolkata
A Thai Lion Air Boeing 737-800, grounded in Kolkata due to technical issues on July 5, finally departed for Bangkok early Sunday with 96 passengers. The flight, initially scheduled for Saturday, was cancelled after developing problems on the taxiway, affecting 130 passengers and seven crew members. Passengers were provided hotel accommodations while the aircraft was repaired.
How a digital drug dealer went about business quietly with a postal plan
Edison Babu, a former engineer, was unmasked as the mastermind behind 'Ketamelon,' India's top-tier darknet drug empire. He exploited the government postal service to distribute drugs across the country, highlighting a vulnerability in the system. Authorities seized substantial amounts of drugs and cryptocurrency, revealing the sophistication of digital drug dealing and the challenges in combating it.
Drug bust: Richmond man caught with deadly fentanyl, cocaine, and cash in Tesla, sentenced to eleven years after massive drug bust
Jason Thomas Howard Conrad received an eleven-year prison sentence. He pleaded guilty to drug trafficking charges. Police found him with fentanyl, cocaine, and cash in his Tesla car. The arrest followed surveillance of a suspected drug house in Richmond. Conrad's prior criminal record and the danger posed by the drugs influenced the sentence.
How Delhi police busted drug racket spread across US, Europe, Australia during routine vehicle check near Bengali Market
A routine vehicle check in Delhi led to the exposure of a global drug trafficking network spanning four continents and over ten countries. The NCB dismantled the syndicate, which used encrypted platforms and cryptocurrency to sell controlled pharmaceutical drugs online. Investigations revealed links to the US, Australia, Europe, and the UAE, resulting in multiple arrests and seizures.
Delhi HC seeks regulator's reply after PIL questions Ozempic, Mounjaro nod
The Delhi High Court has instructed India's drug regulator to address concerns about the approval process for drugs like Ozempic and Mounjaro. A public interest litigation raised questions about safety data and clinical trials. The court wants the regulator to consult experts and manufacturers. Ozempic is available in the grey market, though not officially sold in India.
National CA Day 2025: Why ICAI was set up in 1949 to regulate India’s accounting profession — all you need to know
India celebrated the 76th National Chartered Accountants Day on July 1, 2025, commemorating the ICAI's founding. CAs were recognized for their crucial role in upholding transparency and fiscal discipline within India's financial systems. The ICAI, established in 1949, has become a globally recognized body, shaping fiscal policy and promoting sound accounting practices.
Sebi mulls tightening IT norms for commodity exchanges. Here are 4 things proposed by regulator
Sebi IT norms: Sebi has proposed new IT norms for commodity exchanges to align them with equity markets. Key proposals include halving the required system capacity buffer, real-time monitoring of critical IT systems, and applying uniform rules across exchanges and clearing corporations. Public feedback on the draft is open until July 20, 2025.
Alembic Pharma shares rally 12% on USFDA nod for cancer drug
Alembic Pharmaceuticals surged 12% to Rs 1,089.80 after securing USFDA approval for its generic Doxorubicin Hydrochloride Liposome Injection, used in treating cancers like ovarian cancer and multiple myeloma. The U.S. market size for the drug is estimated at $29 million. Alembic now holds 224 USFDA approvals and remains technically strong, trading above key moving averages despite recent market volatility.
Punjab govt signs MoU to set up data intelligence support unit for its anti-drug campaign
The Punjab government signed an MoU with Ananya Birla Foundation to establish a data intelligence and technical support unit to aid its anti-drug campaign. This unit will enhance rehabilitation, support medical and police personnel, and coordinate efforts with experts and institutions to make Punjab a drug-free state.
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