Moneycontrol NewsMylan on Thursday said it has launched the generic version of Israel-based Teva multiple sclerosis (MS) drug Copaxone 40 mg/mL for 3-times-a-week injection in US market.The launch comes as analysts were debating whether Mylan should wait for the outcome on the pending patent ligation or it will go ahead and launch “at risk”.Mylan will have to pay millions of dollars in damages to Teva if it fails to invalidate the remaining patents held by the Israeli drug maker.Close Teva has already warned Mylan of “significant damages” if it goes ahead and launches the generic version of Copaxone 40mg/ml prior to the resolution of the pending patent litigation. related news Fortis to explore legal recourse after SC issues contempt notice in Singh bros case 35% Mutual Fund equity assets stayed invested for over 2 years: AMFI data Tata Motors ties up with Lithium Urban for EV segment Teva said it will be appealing against the earlier orders by Patent … [Read more...] about Mylan launches copy of Copaxone 40 mg even as patent litigation is on
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Shreekant DagaIt is difficult to quantify the amount of data being collected. If we could, it would be humongous! This decade has predominantly gone into collecting data rather than processing it.Newer aspects have emerged to analyse this data and evolution is but natural and necessary. Let us look at some familiar incidents where data processing is already under use for decision making.Close Traffic signals are now equipped with cameras which are not only video recording what is happening but can scout for number plates in the video flips to punish lawbreakers. related news 'Laze in Nifty calls for caution, deploy bear put spread strategy' Market Headstart: Nifty seen opening flat; HDFC, Power Finance top buys It might not be long before vehicles have GPS preinstalled or map service providers provide data on restricted way entry and exits to the authorities for adherence and keep of the law.With these rising trends, it might be interesting to explore how data is driving … [Read more...] about ‘Data’ is the rising factor for Alternative Investments in India
Mutual funds are one of the most preferred investment options these days. A mutual fund is an investment fund that is managed by a fund manager. The money invested by individual investors is pooled in to purchase different kinds of securities. The portfolio of securities is diverse and is tailored as per the investment goals of the investors. Mutual funds are considered to be a less risky investment option.On the basis of the subscription period, mutual funds can be classified into two categories – close-ended mutual fund and open-ended mutual fund. In a close-ended mutual fund, a fixed number of units are issued which are traded on the stock exchange. A closed-end fund functions like an exchange-traded fund. How does closed-end fund work?As per the guidelines of the securities market regulator SEBI, a mutual fund is launched through a New Fund Offer which can be open for a maximum of 30 days. The funds are then traded in the open market like shares. The price of the fund is … [Read more...] about Close-end funds: What is close-ended Mutual Fund and how it works
Bengaluru-based smallcase Technologies is paving the way for modern investors allowing them to choose from professionally tailored baskets of stocks that reflect an investing idea or strategy.Currently, seven brokers have a collaboration with the company and are offering this platform. They include Kotak Securities, HDFC Securities, 5paisa, Edelweiss, Zerodha and Axis Securities.How does smallcase work?Close smallcase account allows an investor to buy and sell tradable securities based on the predefined combinations. related news Delhi-NCR pollution: Ola and Microsoft to collect air quality data PFRDA studies proposal to allow pension fund managers to provide annuity services Xiaomi seeks incentives to boost exports, seeks clarity on proposed rules To use the platform, follow these steps:-Go to smallcase website and click on login. You have to use cedentials provided by your broker to login. However, if you use any other broker other than … [Read more...] about Explainer | What is smallcase and how to invest using the platform?
"We want to make investing as easy as booking a cab," says Vasanth Kamath, Founder and CEO of smallcase, a Bengaluru-based startup that is paving the way for modern investors allowing them to choose from professionally tailored baskets of stocks that reflect an investing idea or strategy.Currently, seven brokers have a collaboration with the company and are offering this platform. They include Kotak Securities, HDFC Securities, 5paisa, Edelweiss, Zerodha, Alice Blue and Axis Securities.Kamath tells us about the company and products on offer in an interview with Moneycontrol's Suyash Maheshwari.Close Edited excerpts: related news Delhi-NCR pollution: Ola and Microsoft to collect air quality data PFRDA studies proposal to allow pension fund managers to provide annuity services Xiaomi seeks incentives to boost exports, seeks clarity on proposed rules Q: You, along with other founders, are IIT Kharagpur graduates. What prompted you to launch an equity investing … [Read more...] about We want to make investing as easy as booking a cab, says founder of smallcase