Unichem gets USFDA approval for anti-seizure drug

Unichem Laboratories has received approval from the US health regulator to market Divalproex Sodium Delayed Release tablets in the US market

Unichem Laboratories said it has received approval from the US health regulator to market Divalproex Sodium Delayed Release tablets, used for seizure disorders, in the US market.

The company has got the US Food and Drug Administration (USFDA) for Divalproex Sodium Delayed Release tablets in strengths of 125mg, 250mg and 500mg, Unichem Laboratories said in a filing to the Bombay Stock Exchange (BSE).

The company already has nine drugs in the US that have been approved by the USFDA, it added.

On Thursday, Unichem ended 4.61% up at Rs204.05 on the Bombay Stock Exchange, while the benchmark Sensex declined 0.11% to 19,591.18.

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Atul Auto closes year with record 60% higher sales

Atul Auto sales for the financial year 2010-11 stood at 19,406 units as against 12,345 units during FY-09-10, an increase of 60%

Three wheeler manufacturer, Atul Auto Ltd said that its auto sales for the financial year 2010-11 stood at 19,406 units as against 12,345 units during FY-09-10, an increase of 60%.

The increase in sales registered by Atul Auto is the result of its continuous increase in the supply of best suited vehicles for rural and semi rural India, adopting innovative technology and improving quality of vehicle life.

The production and sales of Atul Auto's vehicles has been on constant high since 2008. Commenting on the upward growth trend, Vijay Kedia, director, Atul Auto said, "At the beginning of the year we had projected a growth of 50% on sales but we beat our own estimate and achieved 60% growth due to better market condition and increasing dealer network."

He further said, "We have grown substantially higher than the industry which grew 18%. We sold 5,931 units in the last quarter of the FY10-11 against 4,217 units last year 2009-10. We see great market potential for our vehicles. Taking into consideration the growing demands, especially in the semi-urban and rural markets, the sales are likely to grow substantially up further in current year."

On Thursday, Atul Auto ended flat at Rs129.80 on the Bombay Stock Exchange, while the benchmark Sensex declined 0.11% to 19,591.18.

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JPC invites suggestions, views from public on telecom licences, spectrum

Committee gives addresses for submission of memoranda; appeals to those willing to appear in the proceedings to do so

New Delhi: The Joint Parliamentary Committee (JPC) examining telecom policies on grant of licences and spectrum has invited suggestions from the public in general, experts and organisations on the issue.

The Committee, headed by Congress member of Parliament PC Chacko, has sought views and suggestions from various stakeholders on the subject within two weeks.

The JPC has also asked those willing to appear before the Committee to specifically state that they will do so. However, the Committee's decision in this regard would be final.

Those who desire to submit any memoranda to the Committee may send two copies, either in English or in Hindi, containing their views and suggestions on the subject, within two weeks from today, the JPC stated.
The suggestions should be strictly in accordance with the terms of reference of the Committee and be sent to the Director (TLS) Lok Sabha Secretariat, Room No. 004, Basement, Parliament House Annexe, New Delhi 110 001, in a sealed cover. The memoranda can also be emailed at [email protected] or faxed to 011- 2309 3919.

It said the suggestions would form part of the records of the Committee and would be treated as strictly confidential and the contents would not be divulged to anyone, as such an act would constitute a 'breach of privilege' of the Committee.

The 30-member JPC, which has been asked to give its report on the issue by the end of the next session of Parliament, was set up last month after a prolonged stalemate in Parliament over the 2G scam.

The Committee will look into the telecom policy pursued between 1998 and 2009 as well as the allocation and pricing of telecom licences and spectrum, and examine irregularities and aberrations, if any, and the consequences of this implementation.

The first meeting of the JPC was held on 24th March. The Committee is scheduled to meet next on 18th May.

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COMMENTS

Shashi Ullal

6 years ago

The Prime Minister should be impeached as despite having the power, he allowed Raja to swindle the country.
You should also establish the nexus between Mrs. Sonia Gandhi, Raja & the DMK as the ill-gotten gains are suspected to have gone into their pockets.

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