Caraco Pharmaceutical Laboratories, the Detroit-based generic subsidiary of Sun Pharmaceuticals Ltd., has been issued a letter of warning by the US Food and Drug Administration (FDA), and all its future marketing approvals for medicines have been withheld due to some quality-control issues.

This action of the US regulator comes in the wake of certain technical inadequacies identified by it during a May 2008 inspection. The FDA considered some of its observations to be repeat observations, and hence issued the warning letter.

Caraco said the FDA observations include, among other things, the inadequate and untimely investigation by the quality control unit of certain incidents at the facility contrary to the company’s standard operating procedures.

LG Electronics, a global leader and technology innovator in consumer electronics, is looking at selling one million monitors during this fiscal. 
The company is targeting to sell one million monitors (both CRT and LCD) in 2008-09, of which 6.5 lakh are in the LCD space and 3.5 lakh will be CRT monitors.

LG Electronics, a major player in the global flat panel display, has recently entered into the B2B space for corporate and enterprise customers to increase sales. 

Punjab National Bank (PNB) has entered into an agreement with Mother Dairy, a wholly-owned subsidiary of National Dairy Development Board, to benefit the milk producers in Uttar Pradesh. 

According to the sources, the tie-up would ensure better prices for their produce and time-bound payment through smart cards, to be distributed by the bank.

PNB stated in a release that, a pilot project has already been launched in Bulandshahr district in western UP. 

India's largest telecom major, Bharti Airtel has set a target of $10-bn revenue by next year. The view was asserted by chairman and managing director, Bharti Enterprises, Sunil Bharti Mittal in the sidelines of a function, organized to launch new brand identity and logo of Bharti group. 

The announcement of the closure of

Now, BSNL customers can avail lower ISD call rates for the South Asian Association of Regional Cooperation (Saarc) countries. The state-run telecom company slashed call rates by 15-35 percent on Sunday. The decision would cover landline as well as mobile customers.

The call rates for Pakistan, Bangladesh, the Maldives and Bhutan would be Rs.9 per minute instead of the existing Rs.10 under post-paid plan of Rs 725.

Call charges for BSNL fixed line users would now be Rs.9.60 per minute for a 7.5 second pulse.