TNM

Ashok Leyland posts 73.17% decline in sales in January

Ashok Leyland posts 73.17% decline in sales in JanuaryHinduja Group owned automobile company, Ashok Leyland reported decline in sales in January due to slump in demand and high auto interest rates. The company sold 2,444 units of commercial vehicles in January 2009, registering decline of 73.17% as compared to sales figures of last year.
 

Mukesh Ambani becomes world's third richest CEO

Mukesh Ambani becomes world's third richest CEOMukesh Ambani, Chairman of Reliance Industries (RIL) secured third slot in the list of 10 wealthiest CEOs compiled by Forbes magazine. Mr. Ambani, whose stake in the petrochemical firm is valued at $16.8 billion, managed to get place in the list despite 62% drop in RIL share prices since January 2008. The list is prepared on the basis of the value of the CEOs' financial stake in the companies they control.
 

Dyax gets slim approval from FDA panel

Dyax gets slim approval from FDA panel Ecallantide, also known as DX-88 got narrow approval from Food and Drug Administration advisory panel. In the panel, six persons voted in favor of approval while 5 voted against approval. This new drug by Dyax Corp is meant for patients with hereditary angioedema (HAE), an inherited protein deficiency that causes episodes of painful swelling of the skin, intestine, mouth and sometimes the throat. The new drug is designed to suppress an enzyme called kallikrein that plays a role in the swelling.

The FDA generally follows panel recommendations. FDA will give its final decision by March 23.

Food kits given to Kentucky victims may contain tainted peanut butter

Food kits given to Kentucky victims may contain tainted peanut butterThe Federal Emergency Management Agency has issued warning for the people who received food kits as part of a disaster relief effort in Kentucky and Arkansas. Authorities asked them to inspect the kits in their possession and immediately dispose of packets of peanut butter contaminated with salmonella linked to a nationwide outbreak. Officials believe that 6,000 to 7,000 people remained in shelters, primarily in western Kentucky.

FEMA said though the kits do not all contain the same main course; they do contain packets of peanut butter.

Metabolic syndrome and smoking increase risk of heart disease in elderly in China

Metabolic syndrome and smoking increase risk of heart disease in elderly in China  Recent study revealed that combination of metabolic syndrome and high rates of tobacco smoking alleviate the risk of heart disease and stroke among older individuals in China. Metabolic syndrome is a combined term for diabetes and heart disease -- including abdominal obesity, high blood pressure, high blood sugar, low levels of "good" HDL cholesterol and high triglycerides (another type of blood fat).

New initiative from Google and IBM can feed personal information directly from users' bodies to their PCs

IBMThe recent partnership between Google Inc. and International Business Machines Corp will revolutionize the healthcare system by feeding personal information directly from users' bodies to their PCs.

Google and IBM unveiled a new initiative that will allow Google Health, a site where users can store and track information about their medical history, to connect to and stream data from medical devices. IBM says that connecting these devices to the Web will offer a new immediacy and granularity of health monitoring.

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