Fungal Keratitis: Cipla, CSIR-CDRI’s New Venture
It is a serious eye infection that can lead to blindness. It is caused by fungi that invade the cornea, the transparent layer of the eye. It affects around 1.2 million people worldwide every year, especially in tropical countries where agricultural workers are at higher risk. The current therapies for fungal keratitis are not very […]
Government’s Move Against Pesky Calls
Pesky calls and messages are a nuisance for many mobile phone users, who often receive unwanted and unsolicited commercial communications from various entities. The government has taken several steps to address this issue, including imposing penalties on violators, creating special units to track and disable the infrastructure of offenders, and forming a committee to draft […]
LIC Increased Investment in SBI Cards & Payments
Life Insurance Corporation of India (LIC), the largest institutional investor in the country, has increased its stake in SBI Cards & Payments Services Limited, the second-largest credit card issuer in India. LIC acquired more than three lakh shares of SBI Cards through open market purchases on February 9, 2024, taking its shareholding from 4.99% to […]
Dream11 Insolvency: NCLAT Orders IRP Standstill
NCLT admits insolvency plea against Dream11’s parent company Dream11, India’s largest sports fantasy platform, is in trouble after the National Company Law Tribunal (NCLT) admitted an insolvency plea against its parent company, Sporta Technologies Private Limited, over a rent default of Rs 7.6 crore. The NCLT has appointed Madan Bajrang Lal Vaishnawa as the Interim […]
IndiGo-BOC Pact for 4 Airbus A320NEO
IndiGo, India’s largest airline by market share, has entered into a finance lease transaction with BOC Aviation, a leading global aircraft operating leasing company, for four Airbus A320NEO aircraft. The deal is part of IndiGo’s expansion strategy and fleet modernization efforts, as it aims to provide affordable, on-time, and hassle-free travel across its extensive network. […]
HDFC Life Ties Up with Lokmanya Society
HDFC Life, one of India’s leading insurers, has entered into a corporate agency tie-up with Lokmanya Multipurpose Cooperative Society, a prominent financial institution with over 200 branches across four states. The partnership will enable Lokmanya Society to distribute HDFC Life’s diverse range of life insurance products to its customers. About HDFC Life It is a […]
Adani Green Powers Up 551 MW in Gujarat
Adani Green Energy Ltd (AGEL), a part of the Adani Group, has announced the commissioning of 551 MW of solar power capacity at Khavda renewable energy park in Gujarat. The company achieved this milestone within a year of initiating work on the park, starting with the development of basic infrastructure, including roads and connectivity and […]
EKI Energy New Biomass Briquettes Plant in Maharashtra
EKI Energy Services, a leading carbon credit developer and supplier, has announced the inauguration of its first biomass briquettes manufacturing plant at Dindori, Nashik, in Maharashtra. The plant is a subsidiary of EKI’s GHG Reduction Technologies and aims to facilitate the production of products that significantly reduce greenhouse gas emissions. What are Biomass Briquettes? Biomass […]
Adani Power, DAIT’s Energen Acquisition Gets CCI Nod
Adani Power Ltd (APL) and Dickey Alternative Investment Trust (DAIT) have received the approval from the Competition Commission of India (CCI) to acquire 100% shareholding of Coastal Energen Pvt Ltd (CEPL), a Tamil Nadu-based thermal power producer . The deal is expected to enhance Adani’s position as the leading private-sector thermal power producer in India. […]
Adani-Hindenburg Case: SC Review Plea Filed
A review petition has been filed in the Supreme Court seeking a review of its January 3 verdict that dismissed the plea for a SIT or CBI probe into the allegations in Adani-Hindenburg Case. The petition claimed that there were errors and oversights in the judgment and that SEBI had failed to regulate the Adani […]