Marut Drones Unveils India’s First NMDC Mineral Drone
India has witnessed a breakthrough in the mining and exploration space with the introduction of drone-based mineral exploration by Marut Drones, a Hyderabad-based dronetech startup. The company has delivered two customised Octacopter drones to NMDC Ltd, a state-run iron ore miner, which will enhance precision in mineral exploration and mapping for sustainable mining practices. What […]
Glenmark Pharma, Ichnos Launch Alliance
Glenmark Pharmaceuticals Ltd. and its subsidiary, Ichnos Sciences Inc., have announced the launch of their alliance, Ichnos Glenmark Innovation (IGI), to accelerate new drug discovery in cancer treatment. This alliance combines Glenmark’s research and development proficiencies in small molecules with those of Ichnos in novel biologics to continue developing cutting-edge therapy solutions that treat hematological […]
Gadkari’s Rs 8,038 Cr NH Projects in Bhopal
Union Minister for Road Transport and Highways Nitin Gadkari laid the foundation stones of 15 National Highway projects costing Rs 8,038 crore with a total length of 499 km in Bhopal, Madhya Pradesh on January 30, 2024. The projects are expected to improve connectivity, reduce traffic congestion and promote industrial and agricultural growth in the […]
Amit Shah Inaugurates RCS & ARDB Computerization
Union Home Minister and Minister of Cooperation Amit Shah inaugurated the computerization projects for the Registrar of Cooperative Societies (RCS) and the Agriculture and Rural Development Banks (ARDB) of all states and union territories on January 30, 2024. The event was organized by the Ministry of Cooperation in partnership with the National Cooperative Development Corporation […]
Sources: Govt. Mulls Customs Duty Changes on 40+ Products to Promote Make in India
The government is considering changes in the customs duty structure on more than 40 products, including electronics, chemicals, textiles and automobiles, to boost domestic manufacturing and reduce imports, sources said. According to the sources, the finance ministry has sought inputs from various ministries and departments on the products that can be considered for duty rationalisation […]
Meesho Delists 2 Lakh Items After Quality Check
Meesho, the e-commerce platform backed by Softbank, has announced that it has delisted nearly 2 lakh products from its website in the last quarter of 2023 after conducting a quality evaluation based on customer reviews, ratings and feedback. The company has also invested in artificial intelligence to fortify quality checks and reduce the visibility of […]
Zydus Launches New Pill for Prostate Cancer
Zydus Lifesciences Ltd., a global innovation driven healthcare company, has announced the launch of Rexigo™, a new oral once-a-day pill for testosterone suppression in patients with advanced prostate cancer. The drug is the first and only generic version of Relugolix, which has been available in developed countries since 2020. Prostate cancer is one of the […]
Sony Notified by NCLT: ZEE-Sony Merger Underway
The merger of Zee Entertainment Enterprises (ZEEL) and Sony Pictures Network India (SPNI), which was approved by the National Company Law Tribunal (NCLT) in August 2023, is facing a legal challenge from a ZEEL shareholder. Mad Men Film Ventures, a ZEEL shareholder, has filed a petition in the NCLT requesting both ZEEL and Sony to […]
Diesel Irregularities: Toyota Suspends 3 Models
Toyota Kirloskar Motor (TKM), the Indian subsidiary of the Japanese automaker, has announced that it is temporarily suspending the dispatch of three of its models – Innova Crysta, Fortuner and Hilux – in the country after “irregularities” were found in the certification tests for the diesel powertrain. What are the irregularities? According to a statement […]
NGEL’s ₹80,000 Cr Green Hydrogen Project in Maharashtra
NTPC Green Energy Ltd (NGEL), a wholly-owned subsidiary of NTPC, India’s largest power producer, has signed a memorandum of understanding (MoU) with the Maharashtra government to develop green hydrogen projects and its derivatives in the state. The MoU, signed on January 29, 2024, is part of the state’s Green Investment Plan for the next five […]