Morning Buzz: TDK to make iPhone battery cells in India, more than 50 cough syrup makers fail quality tests
Here are the top business headlines this morning, to get your day started
TDK to make iPhone battery cells in India
TDK Corporation will make Li-ion batteries to power iPhones made in India. The cells will be supplied to Sunwoda Electronics, which is operating in India and imports cells from various markets in the world. The contract with Apple Inc could generate 8,000-10,000 jobs in India.
(Business Standard)
More than 50 cough syrup makers fail quality tests
After 70 death in Gambia earlier this year, over 50 companies have failed quality tests on their cough syrups. This comes after an order in May by the Drug Controller General of India that asked state drug controllers to test cough syrup samples in NABL accredited labs. A total of 2,104 tests were conducted out of which 54 companies’ samples failed.
(Economic Times)