Bil Energy enters liquidation as it fails to get any revival plan
The bankruptcy court has admitted Bil Energy System Ltd for liquidation as no viable revival plan was offered to the lenders of the BSE-listed firm that has failed to pay dues of about Rs 167 crore. As part of the…
Lupin US FDA: Lupin gets USFDA nod for generic smoking cessation treatment tablets
Pharma major Lupin Ltd on Wednesday said it has received approval from the US health regulator to market its generic Varenicline tablets indicated for use as an aid to smoking cessation treatment. The approval by the US Food and Drug…
India among 8 nations seeking 5-year patent waiver for Covid diagnostics
India, Pakistan and South Africa, along with five others, have pushed for a five-year global patent waiver for Covid-19 diagnostics and therapeutics. In a submission to the World Trade Organization, they said that diagnostics and therapeutics are “essential tools for…
COP28 lobbyists: Record more than 2,000 fossil fuel lobbyists at COP28 talks: NGOs
A record almost 2,500 fossil fuel lobbyists have been accredited for UN climate talks in Dubai, as negotiators wrestle with calls to end all new oil, gas and coal projects to curb global warming, campaign groups said Tuesday. The COP28…
Bira91 parent plans a Rs 400-cr fund shot for expansion plans
New Delhi: B9 Beverages, maker of Bira 91 beer and owner of The Beer Cafe pub chain, is set to raise Rs 400 crore ($50 million) of fresh funds, executives close to the development said. The money, from existing investors…
5G smartphones: In 2 years, 70 per cent smartphone users may switch to 5G: Industry executives
India is set to become a 5G-first nation in just two years with more than 70% smartphone users expected to wield a 5G handset buoyed by falling prices and countrywide network coverage, industry executives said. Top smartphone brands such as…
Buoyant residential realty drives land deals; non-metros too catch momentum
The ongoing resurgence in the residential real estate market has prompted property developers to actively pursue and conclude transactions for land parcels, and the trend is not limited to metropolitan regions and peripheral locations but is also evident in tier-II…
biogas blending: Proposed 5 pc biogas blending with natural gas can cut LNG imports worth USD 1.17 billion: IBA
New Delhi, The proposed 5 per cent blending of biogas with natural gas supplies in the country can cut LNG imports worth USD 1.17 billion annually, says a study by the Indian Biogas Association (IBA). The study comes against the…
Safety first: How well can Kavach protect you during your train travel?
It has been quite a long journey. Lalit Mansukhani remembers the day very vividly: February 15, 2016. A group of railway signal engineers, including him, were over the moon when an indigenously developed signalling equipment was successfully tested on a…
More Indians may spend New Year holidays abroad
More Indians might be holidaying overseas this Christmas-New Year season than last year as relatively cheaper fares and packages, better connectivity, and easier entry requirements have made the proposition more compelling. Tour and travel companies such as Thomas Cook, SOTC…