Glenmark Pharmaceuticals receives ANDA approval for Clindamycin Phosphate Gel - The Daily Guardian
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Glenmark Pharmaceuticals receives ANDA approval for Clindamycin Phosphate Gel

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Mumbai (Maharashtra) [India], February 11 (ANI/PRNewswire): Glenmark Pharmaceuticals Limited (Glenmark) has received final approval by the United States Food and Drug Administration (U.S. FDA) for Clindamycin Phosphate Gel USP, 1 per cent, the generic version of Cleocin T® Gel, 1 per cent, of Pharmacia and Upjohn.
According to IQVIATM sales data for the 12 month period ending December 2020, the Cleocin T® Gel, 1 per cent market achieved annual sales of approximately USD 73.8 million.
Glenmark’s current portfolio consists of 169 products authorized for distribution in the US marketplace and 42 ANDA’s pending approval with the US FDA. In addition to these internal filings, Glenmark continues to identify and explore external development partnerships to supplement and accelerate the growth of its existing pipeline and portfolio.
This story is provided by PRNewswire. ANI will not be responsible in any way for the content of this article. (ANI/PRNewswire)

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Economy comes out of recession, GDP up 0.4 pc in Dec quarter

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New Delhi [India], February 26 (ANI): India’s GDP grew by 0.4 per cent in the October to December quarter (Q3 FY21), marking a return to positive zone after two-quarters of recession but showing a lingering weakness in the economy, government data showed on Friday.
A sharp improvement in the Covid-19 situation and rising public spending are the two factors behind uptick.
“The GDP at constant (2011-12) prices in Q3 of 2020-21 is estimated at Rs 36.22 lakh crore as against Rs 36.08 lakh crore in Q3 of 2019-20, showing a growth of 0.4 per cent,” said the National Statistical Office (NSO).
A continuing fall in domestic consumption is seen as a strong reason behind the sluggish pace.
According to second advance estimates of economic growth, the real GDP in current financial year (2020-21) is estimated at negative 8 per cent as compared to growth rate of 4 per cent in 2019-20.
Agriculture sector is estimated to see a growth of 3 per cent in FY21 as compared to 4.3 per cent in 2019-20.
The manufacturing sector is likely to contract by 8.4 per cent during FY21. More worryingly, services sectors like trade, hotel, transport are projected to contract by 18 per cent.
However, electricity is likely to grow at 1.8 per cent.
The economy contracted by 23.9 per cent in the April to June quarter (Q1 FY21) and by 7.5 per cent in the July to September quarter (Q2 FY21) as normal activities were disrupted due to nationwide coronavirus lockdowns. (ANI)

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Reliance Jio launches new unlimited plans for feature phone users to make India 2G-mukt

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Mumbai (Maharashtra) [India], February 26 (ANI): Reliance Jio on Friday launched its new unlimited services plan for feature phone users in India with its vision of ‘2G-mukt Bharat’.
Speaking at the event, Akash Ambani, Director, Reliance Jio said, “There are still 300 million subscribers in India who remain trapped in the 2G era, unable to access basic features of the internet, at a time, when the world stands at the cusp of a 5G revolution.”
“For the last four years, Jio has democratised the internet and passed on the benefits of technology to every Indian. Technology no longer remains a privilege of a select few. The new JioPhone 2021 offer is another step in that direction. At Jio, we have and will continue to take bold steps to eradicate this digital divide and welcome every Indian to join this movement,” added Ambani.
According to the plan, new users will get a JioPhone device, unlimited voice calls and data (2GB high-speed data every month) for two years at Rs 1,999. It means users do not need to recharge for 2 years.
There is also another plan at Rs 1,499 that offers a JioPhone device, unlimited voice calls and data (2GB high-speed data every month) for one year. In this plan, users do not require to recharge for one year.
According to the company, Reliance Jio has already upgraded more than 100 million feature phone users onto the JioPhone platform. In its ‘2G-mukt Bharat’ movement, Jio has launched these offers to induct 300 million 2G phone users into its services. (ANI)

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Dr. D. Y. Patil B-School wins Business School of the Year Award by Business Leader of the Year (19th Global Edition & 4th Indian Edition)

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Pune (Maharashtra) [India], February 26 (ANI/SRV Media): At the recently held 19th Global Edition of Business Leader of the Year award ceremony, Dr D Y Patil B-School won the Business School of the Year Award.
Organized at Taj Lands End, Mumbai, the award ceremony showcased the best and brightest of business leaders and institutions that stood tall in tough times and continued to excel. The glamorous event attracted people from all over the world and celebrated their achievements.
The event was attended by 200 CEOs, strategic leaders, edupreneurs, and institutions who applied the best of business modules to manage and keep their business afloat. The esteemed guests continually contribute to the economic development and growth of the country.
Furthermore, the renowned personalities were also recognized for their resilience to perform outstandingly and also give back to the society. Prior to the awards, more than 650 entries were sent in from all over the world.
“It is truly an honour to receive this award as the entire team at Dr D Y Patil B-School has given their utmost to ensure no loss in education. Despite the unprecedented circumstances, our team has persevered to continually impart high quality management education. Our highly dynamic and practical based teaching methodology has worked wonders for our students. We hope to keep on providing opportunities for students to flourish and keep giving back to society,” said Dr Amol Gawande, Director, Dr D Y Patil B-School, upon receiving the award.
In the second stage, the plethora of entries received were all reviewed by Prof Dr Indira Parekh, ex Dean of IIM Ahmedabad. Moving on, the final round consisted of a personal interview which was conducted with Dr R L Bhatia, Founder World CSR Day and World Sustainability.
Part of the virtual interviews were notable personalities from all walks of life and with immense experience. Present in the interview panel were Dr Arun Arora, Ex President and CEO of The Economic Times, Dr C M Dwivedi, Group Chief Human Resource Officer of Sopariwala Exports Pvt. Ltd., and Nina E. Woodard, President and Chief ‘N’ Sights Officer of Nina E. Woodard and Associates. Each interview round consisted of 20 minutes of free flowing discussion and sharing of best practices.
Established in 2014, Dr D Y Patil B-School was founded with the vision to develop a globally acclaimed knowledge center aimed at creating value-driven leaders, global managers, and entrepreneurs. The students possess strong conceptual foundations and an analytical approach which further helps in the job market.
The rigorous, relevant, contemporary, and progressive curriculum is designed by experts from the field of management education. With a focus on experiential learning, the institute has been able to churn out some of the finest alumni over the years. Furthermore, the teaching methodology at Dr D Y Patil B-School is the perfect blend of theoretical and practical studies with equal focus on extra-curricular activities. The business school has undoubtedly made great strides in the field of education and wish to further their impact.
To know more visit, https://bschool.dpu.edu.in/
This story is provided by SRV Media. ANI will not be responsible in any way for the content of this article. (ANI/SRV Media)

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Creative Monkey Games announces the launch of its flagship ‘Ludo Emperor’ Game in April

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Chennai (Tamil Nadu) [India], February 26 (ANI/NewsVoir): Coimbatore-based Creative Monkey Games, India’s one of the fastest-growing and leading mobile gaming development companies is all geared up to launch the world’s quickest ludo game ‘Ludo Emperor’.
The company is planning to launch the much-awaited game this year in April with the most engaging gameplay.
The flagship Ludo Emperor game is going to be completely fresh, fun, and engaging. It will be quick to play, vibrant, full of life recreation bundled with more exciting and fun elements. The super addictive game is most likely to be a treat to ludo players of all age groups belonging not only to India but also across the globe. It will attract those who are bored with playing just a digital version of a regular board game.
Overwhelmed with the launch, Deepak Aravind, the Founder and CEO of Creative Monkey states, “We’re thrilled to launch the revolutionary Ludo Emperor game that will be the ground-breaker in the mobile gaming industry. It is the first of its kind ludo game with new gameplay filled with innovations and the most exciting elements. We believe it will attract all ludo users across the globe and be their most favourite ludo game of all. Our upgraded next-generation ludo game has many exclusive elements like new rules and new gameplay which are not present in any of the existing ludo games in the market.”
“Ludo has become a genre more than a game in the past few years. Especially during the COVID-19 pandemic lockdown, people discovered ludo as a medium to engage with family and friends. Notably, the trend is still continuing with success. India as a market, we believe that there are over 300 million potential ludo users and overall it is a 1 billion market. In this era of online gaming, people are more interested to compete in multiplayer games. And Ludo Emperor will perfectly complement their interests and take their engagement rates to the next level,” he added, speaking about the ludo game’s exceptional popularity in India.
The total number of pre-registrations to date has almost touched half a million in the Google Play Store. With such an enormous response, the company is expecting more than a million pre-registrations before the beta launch. Here is the pre-registration link: play.google.com/store/apps/details?id=com.ludo.emperor
Creative Monkey Games is one of the leading and fastest-growing mobile gaming development companies founded in 2015 in Coimbatore, India. It is the brainchild of Deepak Aravind who is the Founder & CEO and Kavitha Deepak Aravind – the Chief Operating Officer. The company offers free-to-play games with focus areas on cricket, ludo, and other casual genres and envisions making ‘Games for Everyone’.
The efficient team at Creative Monkey has already proved their presence with their flagship game ‘World Cricket Battle 2’ in a very short span. Creative Monkey has earned incredible recognition by Google as one of the top 30 Gaming Indies in the world in 2019.
This story is provided by NewsVoir. ANI will not be responsible in any way for the content of this article. (ANI/NewsVoir)

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Marathi Superstar Ankush Chaudhari invests in Letsflix Marathi OTT platform

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Mumbai (Maharashtra) [India], February 26 (ANI/BusinessWire India): Marathi superstar Ankush Chaudhari recently invested an undisclosed amount in ‘Letsflix Marathi’ which will be the first marathi OTT platform. Ankush has acted in many marathi blockbuster films like Dagdi Chawl, Duniyadari, Triple Seat, Classmates etc.
He has been part of marathi film industry for more than 25 years with acting in more than 40 films. There is no doubt that his experience and expertise will help shape the future of Letsflix in a very positive way.
The launch of ‘Letsflix Marathi’ was recently announced by well-known entrepreneur Narendra Firodia and serial entrepreneur and founder of India network Rahul Narvekar. Ever since the announcement, a lot of buzz was created in the entertainment world.
“I liked the concept of Letsflix Marathi and when I came to know that Narendra Firodia & Rahul Narvekar are the founders, I immediately agreed on getting associated with them as working with these talented people will be a completely different experience. Marathi entertainment industry is changing drastically and the launch of a new OTT platform dedicated only to Marathi content will also open many doors for content creators. Working with Rahul Narvekar & Narendra Firodia will be very much exciting as well. Both are successful in their respective fields and I’m sure three of us will be able to give good quality content to our global marathi audience,” said Ankush, while talking about this partnership.
“I am very happy as Ankush has joined Letsflix Marathi. He is a very talented & experienced actor. As Letsflix is a platform that will showcase different content, his experience will help us to know what the audience likes and what they want, as an actor is the one who knows and understands the audience very well,” said Narendra Firodia, while speaking about Ankush’s entry.
Even Co-founder Rahul Narvekar expressed his happiness saying, “When I met Ankush, I realized that having him on board to help us understand the nuances of what will work with the global Marathi audiences will be a key factor. I am super thrilled to work with him.”
Marathi entertainment industry has evolved a lot in the past few years as a different type of good quality content is being created. The entry of ‘Letsflix Marathi’ will also create many opportunities for new content creators as it will feature an array of content ranging from originals, movies, short films, documentaries etc. Letsflix recently announced Letsflix Gujarati, Bhojpuri and Bangla. In future, it will also come in 12 other regional languages.
This story is provided by BusinessWire India. ANI will not be responsible in any way for the content of this article. (ANI/BusinessWire India)

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Reasons to ladder deposits with a Bajaj Finance Online FD

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Pune (Maharashtra) [India], February 26 (ANI/NewsVoir): Increasing market volatilities and rising interest rates are an opportunity for investors to park their savings in a fixed deposit. For those who haven’t cushioned their portfolio with low-risk fixed-income instruments, now is the time to lock into Bajaj Finance Online FD.
Importance of laddering investments in Fixed Deposits
While Fixed Deposit is one of the safest investment options, the fluctuations in FD interest rates is a cause of worry for most investors. A viable solution is to ladder deposits, by setting a portion of savings aside, in different FDs with different tenors and maturity dates. It is important for these deposits to mature in successive years, and not all at once.
If an investor wants to invest Rs 10 lakh, it is best to split the investment into 5 different FDs amounting to Rs 2 lakh each. The maturity dates for these deposits must be set in such a way, that each FD matures every year, for the next 5 years. On maturity, these deposits can also be renewed, depending on prevailing FD interest rates.
Bajaj Finance FD is a great option for investors seeking a balance of high returns and safety of deposit. Here are some benefits of laddering deposits with Bajaj Finance online FD.
Attractive interest rates
Bajaj Finance recently increased its FD interest rates and is now offering assured returns up to 7.25 per cent to senior citizens. Investors can choose investment tenors from 12 to 60 months, to match their financial goals.
Here’s a look at the latest FD interest rates, applicable for customers below the age of 60 and senior citizens.

Investors investing via the online mode get a rate benefit of 0.10 per cent through the Bajaj Finserv website. By investing in a Bajaj Finance online FD, one can benefit from an end-to-end paperless process that takes just a few minutes.
In case interest rates go up in future, investors can benefit from higher returns on their next deposit. This way, laddering deposits can balance out the highs and lows over time and enable individuals to earn consistent returns.
High liquidity
Typically, when investing in FD, a steady sum of savings is locked in for a specific tenor. Hence, investors are unable to access their savings, until maturity. However, by laddering deposits, one can create a staggered income ladder that caters to their liquidity needs.
Thus, one can ensure adequate liquidity, while also getting the best returns on their deposit. A good way to plan laddering of deposits with Bajaj Finance online FD, is to use the FD Calculator online to know the maturity amount from each FD, and fund unforeseen expenses easily.
Monthly savings with Systematic Deposit Plan
Bajaj Finance also offers Systematic Deposit Plan – an industry-first monthly savings plan that enables investors to save on a monthly basis. With savings starting from just Rs. 5000 every month, investors can choose to get their returns altogether or on a periodic basis, by selecting any of the two variants.
Those looking to get returns on a monthly basis, can choose Monthly Maturity Scheme and those looking to get all their returns on the same day, can choose Single Maturity Scheme. The interest rates prevailing on the date of booking every monthly deposit, will be applicable to that particular deposit.
Thus, with varying interest rates applicable to multiple deposits, Systematic Deposit Plan shields investors from the effect of varying FD interest rates.
Moreover, Bajaj Finance is accredited with the highest safety ratings of FAAA by CRISIL and MAAA by ICRA, which are the highest safety accreditations in India. This indicates highest safety of deposit, so investors can easily ladder all their deposits with Bajaj Finance. Invest in a Bajaj Finance online FD today from the comfort of home and bolster one’s financial growth.
Bajaj Finance Limited, the lending arm of the Bajaj Finserv group, is one of the most diversified NBFCs in the Indian market catering to more than 44 million customers across the country. Headquartered in Pune, the company’s product offerings include Consumer Durable Loans, Lifestyle Finance, Digital Product Finance, Personal Loans, Loan against Property, Small Business Loans, Home loans, Credit Cards, Two-wheeler and Three-wheeler Loans, Commercial lending/SME Loans, Loan against Securities and Rural Finance which includes Gold Loans and Vehicle Refinancing Loans along with Fixed Deposits.
Bajaj Finance Limited prides itself on holding the highest credit rating of FAAA/Stable for any NBFC in the country today. It is also the only NBFC in India with the international ‘BBB’ with stable outlook for long-term, by S&P Global Rating.
This story is provided by NewsVoir. ANI will not be responsible in any way for the content of this article. (ANI/NewsVoir)

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