NHS to lose out on new drugs, pharma firm Novartis warns

NHS to lose out on new drugs, pharma firm Novartis warns

Pritti MistryBusiness reporter, BBC News PA Media NHS patients will lose access to new cutting-edge treatments because of skyrocketing costs, the pharmaceutical giant Novartis has claimed amid a row over drug pricing deals. The warning comes after talks over the cost of medicines for the UK between Health Secretary Wes Streeting and pharma firms broke … Read more

Manager of private firm arrested for stealing valuables from company in Bengaluru

Manager of private firm arrested for stealing valuables from company in Bengaluru

The Jayanagar police on Tuesday arrested a 40-year-old manager of a private firm and recovered 1.4 kg of gold valuables and 1 kg of silver articles worth ₹89.09 lakh, which he had allegedly stolen from his office in the last few years. Karthik, a resident of Tyagarajanagar, was working as a manager in the firm … Read more

Tamil Nadu Police Commission calls for firm action on wrongful, brutal handling of suspects

Tamil Nadu Police Commission calls for firm action on wrongful, brutal handling of suspects

Representative images | Photo Credit: Getty Images/iStockphoto The Fifth Tamil Nadu Police Commission has called for stringent disciplinary action against abuse of authority, especially brutal handling of suspects. In its final report submitted to Tamil Nadu Chief Minister M.K Stalin, recently the Commission called for quick internal investigation and immediate disciplinary action when police personnel … Read more

German firm Festo opens manufacturing plant in Hosur, invests ₹500 crore

German firm Festo opens manufacturing plant in Hosur, invests ₹500 crore

Germany-headquartered Festo has inaugurated a state-of-the-art manufacturing plant in Hosur, Tamil Nadu, entailing investments to the tune of ₹500 crore. The plant will initially generate more than 1,000 direct and indirect employment opportunities. There are plans to scale operations and workforce in the coming years. The new plant will focus on the production of advanced … Read more

Blood test firm blamed by GPs for ‘catalogue of disasters’

Blood test firm blamed by GPs for ‘catalogue of disasters’

Ashley John-Baptiste BBC News Investigations Getty Images Blood test results have been leading to misdiagnoses and unnecessary hospital referrals, GPs have told the BBC An NHS provider that won a £2bn contract to deliver blood-testing services for hospitals and GPs is failing to deliver reliable results, according to medical professionals. Synnovis, a public-private partnership between … Read more

Michelle Mone-linked PPE firm evidence to be heard in private, Covid inquiry rules

Michelle Mone-linked PPE firm evidence to be heard in private, Covid inquiry rules

Getty Images Doug Barrowman, who led PPE Medpro, pictured alongside his wife Baroness Michelle Mone. The chair of the Covid inquiry has ruled that evidence related to PPE Medpro, the firm linked to Baroness Michelle Mone and her husband Doug Barrowman, will be heard in a closed, private session next month. On 3 March, the … Read more

Michelle Mone-linked PPE firm evidence to be heard in private, Covid inquiry rules

Michelle Mone-linked PPE firm evidence to be heard in private, Covid inquiry rules

Getty Images Doug Barrowman, who led PPE Medpro, pictured alongside his wife Baroness Michelle Mone. The chair of the Covid inquiry has ruled that evidence related to PPE Medpro, the firm linked to Baroness Michelle Mone and her husband Doug Barrowman, will be heard in a closed, private session next month. On 3 March, the … Read more

Sixth-generation aero-engine can be developed by tying up with foreign firm: DRDO chief

Sixth-generation aero-engine can be developed by tying up with foreign firm: DRDO chief

The only way India can develop a sixth-generation aero-engine and other technologies required is by co-development with a foreign manufacturer, Samir V. Kamat, Chairman of the Defence Research and Development Organisation (DRDO), said while noting that India currently invests only 5% of its defence budget for research and development, which needs to increased to 15%. … Read more

Adani firm downplays Kenya scrapping $736 million power deal: No material impact

Adani firm downplays Kenya scrapping 6 million power deal: No material impact

Adani Energy Solutions said on Saturday that Kenya’s cancellation of a $736 million transmission line project did not require it to make any regulatory disclosure under Indian stock exchange rules as it was within its ordinary course of business. It said it was responding to a request for clarification from the Bombay Stock Exchange and … Read more