The Adani Group has come under scrutiny after US prosecutors charged its founder, Gautam Adani, and others with alleged involvement in a $250 million bribery plot. The charges, which surfaced on Wednesday, accuse Adani of conspiring to pay bribes to secure major solar energy contracts in India, raising concerns among investors globally. What’s the Case …
Godrej Properties Ltd., a leading real estate developer in India, has acquired a 53-acre land parcel in Joka, Kolkata, with plans to develop a residential plotted project. The company projects a revenue potential of approximately Rs.500 crore from this venture, which is to deliver around 1.3 million square feet of saleable area. Why Joka? Joka …
TVS Motor Company has launched the new 2.2 kWh battery variant of the TVS iQube electric scooter in Nepal. With this launch, TVS iQube now comes in three variants, catering to diverse customer needs and further solidifying its presence in the Nepalese EV market. Why the 2.2 kWh Variant is a Game-Changer The new variant …
Introduction: A Step Towards Enhanced User Experience Coal India Limited (CIL), a Maharatna company, has made significant strides in enhancing its service offerings for the Non-Regulated Sector (NRS). In a customer-centric move, the company now permits coal supplies beyond the Annual Contracted Quantity (ACQ) in long-term linkage auctions, starting from Tranche VIII. What’s New in …
Natco Pharma Limited, a Hyderabad-based pharmaceutical giant, announced the submission of an Abbreviated New Drug Application (ANDA) to the US FDA for Risdiplam Oral Solution, the generic version of EVRYSDI® (Risdiplam 0.75 mg/mL). This drug is indicated for treating spinal muscular atrophy (SMA) in both pediatric and adult patients. Natco Pharma’s ANDA submission includes a …
On November 20, 2024, Easy Trip Planners revealed a new collaboration with BNZ Green introducing real-time tracking of carbon footprints along with a blockchain-powered carbon offset initiative. Driving Innovation in Sustainable Travel The adoption of BNZ Green’s technology into the EaseMyTrip platform is set to strengthen its leadership in eco-friendly travel solutions, addressing the increasing …
On November 21, 2024, Indian stock market indices, the BSE Sensex fell by 0.54% to close at 77,155.79. The Nifty50 on the other hand, fell by 0.72% closing at 23,349.90. Out of the 50 stocks in the Nifty50 index, here are the top gainers for the day: Stock Name Symbol Last Trading Price (₹) % …
On November 20, 2024, Tata Elxsi announced that the Automation Innovation Lab, an advanced facility is designed to shape the future of robotics automation in industries like medical devices, pharmaceuticals, life sciences, and food science. Overview of the Advanced Robotics Automation Hub The new facility aims to accelerate product development, simplify maintenance, and meet the …
The stock market closed lower on November 21, 2024, with benchmark indices ending in the red. The BSE Sensex dropped 421.80 points (0.54%) to settle at 77,156.80, trading within a range of 76,802.73 to 77,711.11 during the session. Similarly, the NSE Nifty50 fell by 168.80 points (0.72%) to close at 23,349.90, moving between 23,263.15 and …
On November 20, 2024, Bharti Aitel announced that Nokia will deploy advanced equipment from its 5G AirScale portfolio, including base stations, baseband units, and the newest Massive MIMO radios. Network Upgrade and Optimisation These solutions will enhance Airtel’s network by boosting 5G capacity and coverage, while also facilitating the evolution of its network infrastructure. Additionally, …
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