Daily News

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National Education Day observed

National Education Day was celebrated on the 11th of November. The day is observed to commemorate the birth anniversary of Maulana Abul Kalam Azad. He was a freedom fighter, scholar and the first Education Minister of independent India.

Did you Know

National Education Day started in 2008 by HRD Ministry.

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Cipla gets USFDA nod for anti-viral eye infection drug

Drug major Cipla has received final approval from the US health regulator for Valganciclovir tablets, used in the treatment of viral eye infection in AIDS patients. Cipla has received approval for the product in the strength of 450 mg from the USFDA.

Did you Know

Umang Vohra is CEO of Cipla.

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Mphasis acquires U.S company Stelligent for $25 million

Mphasis, a Bengaluru-based technology services provider has acquired US-headquartered tech company Stelligent Systems LLC in an all-cash deal valued at $25 million. A technology services company, Stelligent specializes in “DevOps automation”.

Did you Know

Nitin Rakesh is CEO and executive director of Mphasis.

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Kento Momota clinches China Open

World champion Japanese Kento Momota won badminton's Fuzhou China Open. He defeated the fourth seed Chou Tien-Chen of Taiwan. It is an annual badminton tournament.

Did you Know

China's Chen Yufei took the women's singles title

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Manisha Koirala Unveils her Book 'Healed'

Actress Manisha Koirala unveiled her book "Healed", her personal story of a battle against ovarian cancer. The book is subtitled "How cancer gave me a new life." Penguin Random House India published the book ‘Healed’ in India.

Did you Know

Neelam Kumar is a co-author of the book.

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World’s largest brain-like supercomputer switched on for the first time

The world’s largest supercomputer Spiking Neural Network Architecture (SpiNNaker) designed to work in the same way as the human brain has been switched on for the first time. The newly formed million-processor-core machine is made in the UK.

Did you Know

Summit - The fastest supercomputer in the world

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PNB Housing Finance gains 5% as NHB sanctions Rs 3,500cr refinance facility

Shares of PNB Housing Finance gained 5.3 percent intraday after it obtained refinance sanction of Rs 3,500 crore from the National Housing Bank (NHB). The funds will be utilized for the specific sector wise disbursements as per norms of the NHB schemes.

Did you Know

Sanjaya Gupta is Managing Director of PNB Housing Finance.

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Reliance Insurance plans to file fresh IPO papers with SEBI

Reliance General Insurance, part of Anil Ambani-led Reliance, plans to file fresh papers with SEBI to float an initial public offer as the IPO is set to lapse this month. The company failed to tap primary markets as lack of investors' appetite for the IPO.

Did you Know

SEBI’s approval for IPOs is valid for one year.

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Lewis Hamilton wins Brazilian Grand Prix

Lewis Hamilton clinched Brazilian Grand Prix helping his Mercedes team to take the constructors' title for the fifth year in a row. He won his 10th race of the season and 72nd of his career. Red Bull's Max Verstappen stood second in the race.

Did you Know

Hamilton had already sealed his fifth Formula One title.

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Free trade advocate T.N. Srinivasan passes away

Distinguished economist TN Srinivasan passed away in Chennai. He earned a doctorate in Economics from Yale University in 1962. He was a strong votary of free trade and multilateralism & authored several books on economics and development.

Did you Know

The Government of India conferred him the Padma Bhushan in 2007.