Cipla to form JV with Biopharm SPA for respiratory products

New Delhi: Pharmaceutical firm Cipla Ltd has entered into an agreement with Biopharm SPA to form a joint venture company in Algeria to manufacture and market respiratory products, the company said Friday.

In a BSE filing, Cipla said: "A binding term sheet has been entered into with the company's existing partner, Biopharm SPA, for establishing a joint venture (JV) company in Algeria."

"The JV company will manufacture and market respiratory products facilitating Cipla's front-end presence in Algeria," it added.

As per the agreement, Cipla's wholly owned subsidiary, Cipla (EU) Ltd, will hold a 40 percent stake in the JV company while the remainder will be held by a Biopharm-led Algerian consortium.

Facebook introduces new features for users when they die

London, Feb 13 - Facebook has reportedly introduced a new feature that will allow people to have their account deleted permanently when they die or appoint a friend or family member to take care of some aspects of their account.

While bringing in the new feature, Facebook said that the decision was aimed at supporting people who were grieving and those who wanted a say in what happens to their account after death. The social media platform added, "When a person passes away, their account can become a memorial of their life, friendships and experience," reported the BBC.

Dogs can tell whether you are happy or mad just by looking at you

Washington, Feb 13 - A new study has revealed that dogs can tell the difference between happy and angry human faces.

The researchers of the University of Veterinary Medicine Vienna said that the discovery represents the first solid evidence that an animal other than humans can discriminate between emotional expressions in another species.

Researcher Corsin Muller added that they think the dogs in their study could have solved the task only by applying their knowledge of emotional expressions in humans to the unfamiliar pictures they presented to them.

Nadal eager to witness 'incredible' carnival ahead of Rio title defence

Johannesburg, Feb 13 - 14-time Grand Slam champion Rafael Nadal has said that he is eager to experience the incredible energy of Brazilian carnival before gearing up to defend his title at the Rio

Sensex rises for 4th straight session, up 110 points

Mumbai: Continuing its rising streak for the fourth consecutive session, the benchmark BSE Sensex gained over 110 points in early trade Friday on the back of a firming trend in global market.

However, discouraging IIP and retail inflation data, limited the gains.

The 30-share barometer moved up by 110.17 points, or 0.38 percent, to 28,915.27 with healthcare, realty, metal, consumer durables, FMCG and banking sector stocks, leading the rally. The gauge had gained 577.71 points in past three sessions.

On similar lines, the National Stock Exchange index Nifty rose by 39 points, or 0.45 percent, to 8,750.55.

Retail inflation accelerates in January, but stays below RBI's target

New Delhi, Feb. 13 - India's retail inflation accelerated in January after shifting to a new base year for calculating prices, but stayed well below the Reserve Bank of India's (RBI) target, bolstering prospects for further interest rate cuts.

Consumer prices rose an annual 5.11 percent compared with a 4.28 percent gain in December, the statistics department said after it changed the base year for measuring inflation to 2012 from 2010.

Under the old series, inflation was reported at five percent in December.

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