Viju Khote, a veteran Hindi and Marathi film-theatre actor passed away due to multiple organ failure on September 30. He was 77.The actor, most famous for playing the dacoit Kalia in the film Sholay and Robert in Andaz Apna Apna, died at his residence.Khote featured in popular films like Qayamat Se Qayamat Tak, Ventilator and the television show Zabaan Sambhalke.Close "He passed away today at 6.55 am peacefully in his sleep at the residence. He has been unwell since quite sometime. He had multiple organ failure," actor Bhavana Balsavar, his niece, told PTI. related news 373 infra projects show cost overruns of Rs 3.89 lakh cr Panipat looks for a turnaround, Vidyut Jammwal's Commando 3 is profitable Unnao rape victim's sister says family won't perform last rites unless CM Yogi reaches village "He did not wish to die in the hospital so we had brought him home few days ago. It is a great loss for all of us," she said.The last rites of the actor will be … [Read more...] about Veteran actor Viju Khote passes away at 77
Bos priority pass
Why Scott Gottlieb, the new US FDA chief, could be good news for Indian drug makers
US President Donald Trump on Saturday hand-picked Scott Gottlieb to lead US Food and Drug Administration (US FDA) – the regulatory agency that approves every food and drug products marketed in America.The appointment is still to be confirmed by the US Senate.Gottlieb, 44, served in several senior positions at the US FDA during the George W Bush administration. He was trained as a physician and is known as a conservative health policy expert with deep ties to the pharmaceutical industry.Gottlieb is also a partner at New Enterprise Associates, a large US-based venture capital firm. The firm’s investments include life-sciences companies. In addition to his service on several pharmaceutical companies’ boards, Gottlieb is a consultant for London-based pharmaceutical giant GlaxoSmithKline.Close Gottlieb's proposed appointment as US FDA commissioner assumes significance given the Trump’s promise of reducing regulation at US FDA as one of his key priorities to make … [Read more...] about Why Scott Gottlieb, the new US FDA chief, could be good news for Indian drug makers
Habil Khorakiwala welcomes govt health proposals, but cautions against brouhaha
Viswanath PillaMoneycontrol News Habil Khorakiwala, chairman of Wockhardt on Thursday welcomed the Union Budget 2018 and its emphasis on healthcare spending.Khorakiwala who heads the Rs 4,000-crore turnover Mumbai-based company which is into pharmaceutical and hospitals, however, expressed apprehension over the government's track record of implementation.Close In an exclusive telephonic interview to Moneycontrol, Khorakiwala gave 6.5 points out of 10 to the Budget, said chronic shortage of medicines, lack of infrastructure and skilled manpower could pose challenge in rolling out the ambitious National Health Protection Scheme (NHPS) that aims to provide Rs 5 lakh health insurance to 10 crore poor families. related news 373 infra projects show cost overruns of Rs 3.89 lakh cr Zomato looks to become profitable by end-2020 Five of top-10 most valued firms add Rs 56,877 cr in m-cap Below are edited excerpts of the interviewWhat is your overall view on the … [Read more...] about Habil Khorakiwala welcomes govt health proposals, but cautions against brouhaha
Lupin net profit drops 65% on sliding US biz and forex loss
Lupin on Tuesday posted 65 percent decline in net profit to Rs 221.7 crore in the third quarter ended December, much below analyst expectations due to slide in US generics business and forex losses.Lupin posted Rs 455 crore net profit in the same period of previous year. The company's revenues dropped 11.3 percent on year-on-year (YoY) basis Rs 3975.7 crore in the third quarter.The foreign exchange loss stood at Rs. 82.1 crore and the company also took a one-time charge of 36 crore related to changes in tax rate in US from 35 percent to 21 percent.Close Lupin has brought down the R&D expenses by 17 percent to Rs 476 crore on YoY basis. related news 373 infra projects show cost overruns of Rs 3.89 lakh cr Zomato looks to become profitable by end-2020 Five of top-10 most valued firms add Rs 56,877 cr in m-cap The company's EBITDA margin stood at 18.4 percent in the December quarter, below company’s projected target of 21 percent in FY18.The results … [Read more...] about Lupin net profit drops 65% on sliding US biz and forex loss