Bengaluru: I-T raids at manufactures of Dolo-650, pill that got popular during Covid
Bengaluru, Jul 6: The Income Tax department Wednesday conducted searches at the premises of Bengaluru-based pharmaceutical company Micro Labs Ltd, the manufacturers of Dolo-650 tablet that was widely used by COVID-19 patients during the last over two years, on charges of alleged tax evasion.
Officials said the department is looking at financial documents, balance sheets and business distributor networks of the company as part of the searches.
The PTI has sent queries on the action to the company and a response is awaited.
Some other linked locations of the company in other cities and those of its promoters and distributors are also being covered, they said.
The company said on its website that it was engaged in the making and marketing pharmaceutical products and APIs (Active Pharmaceutical Ingredients) and has 17 manufacturing units across the country apart from conducting business overseas.
Its major pharma products are Dolo-650, Amlong, Lubrex, Diapride, Vildapride, Olmat, Avas, Tripride, Bactoclav, Tenepride-M and Arbitel.
Dolo-650, an analgesic (pain killer) and antipyretic (fever-reducing) was being prescribed by doctors and medical shop owners for coronavirus patients to reduce pain and fever, common symptoms caused by Covid.
In the words of the company, Dolo-650, is "virtually a household name across the country".
The company website showcased a news article, published in February, on its website that said: "The company has sold 350 crore tablets (of Dolo-650) since the Covid-19 outbreak in 2020, and earned revenues of Rs 400 crore in a year."
The CMD of the company, Dilip Surana, has been quoted in the story.
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Rare Kalyani Chalukya-era stepwell discovered in Karnataka’s Gadag district
Gadag: A centuries-old stepwell from the Kalyani Chalukya period is discovered into public in Sudi, a remote village in Karnataka’s Gadag district. The Nagakunda Pushkarani, dating to the 10th-11th century CE, is undergoing extensive restoration under the Department of Archaeology, Museums and Heritage’s ‘Adopt a Monument’ scheme.
The stepwell was focal point of community life and craftsmanship under the reign of Akkadevi, sister of Chalukya king Jayasimha II. It shows the dynasty’s mastery of architecture and water management. Its interior walls are carved with the precision of temple façades, setting it apart from most surviving stepwells in southern India, linking it stylistically to examples in Gujarat and Rajasthan.
After centuries of neglect left its sculptures weathered and its waters dry, the site is now being revived by the Deccan Heritage Foundation India in partnership with Heritage Matters, the Gandipet Welfare Society and the Water Literacy Foundation according to a report published by The HIndu. Work includes structural repairs, removal of invasive vegetation, dredging, stone resetting and landscaping, alongside the restoration of an adjacent mantapa with a large Ganesha idol.
Heritage architect B. Sarath Chandra noted, the project is as much about functionality as aesthetics, with water recharge efforts already underway. Funded by Gandipet Welfare Society founder Rajashree Pinnamenni, the restoration is slated for completion by late 2025, followed by a second phase linking the stepwell to the Jodu Kalasadagudi temple through landscaped pathways.
The report mentions that officials say the revival of Nagakunda Pushkarani could not only reintroduce Sudi’s Chalukya heritage to a wider audience but also serve as a model for conserving other lesser-known monuments across Karnataka.
