In a first, national oil marketer Indian Oil Corporation has begun exporting aviation gasoline, the fuel used in unmanned aerial vehicles and small planes, changing the country’s fuel history from net importer to exporter. Over the weekend, the first consignment of 80 barrels of aviation gas (AV gas), each containing 16 kilolitres, was shipped from
Coal India Ltd (CIL), a state-owned miner, plans to invest around Rs 42,600 crore in low-emission infrastructure for fossil fuel mining and green energy to assist India in meeting its net-zero targets. Given the growing criticism of coal use, Agrawal stated that CIL intends to invest 24,000 crore in three phases of first mile connectivity
Dixon Technologies (India) announced that it has signed a term sheet with Mega Alliance Holdings to form a joint venture (JV) in India to design and manufacture mobile communication equipment and related solutions. Dixon will own 51% of the equity share capital in the prospective JV company, while Mega Alliance will own 49%. Tinno Group
Sun Pharmaceutical Industries has acquired three brands from Aksigen Hospital Care, including Disperzyme (Trypsin BP 96 mg, Bromelain 180 mg, and Rutoside Trihydrate 200 mg), Disperzyme-CD (Trypsin BP 48 mg, Bromelain 90 mg, and Rutoside Trihydrate 100 mg), and Phlogam (Trypsin BP 48 mg, Bromelain 90 mg, and Rutoside Trihydrate 100 mg). The Drugs Controller
Reliance Projects & Property Management Services and Reliance Retail placed orders with HFCL for optical fibre cables worth Rs 206.67 crore. The order calls for the supply of various types of optical fibre cables based on the customer’s specifications. The domestic order must be carried out by June 2023. HFCL is a telecom infrastructure enabler
LTIMindtree has announced a collaboration with Duck Creek Technologies, an intelligent solutions provider, and Microsoft to develop a solution that will allow insurers to quickly and efficiently migrate their on-premises core systems to the cloud. According to the company, the solution combines LTIMindtree’s core modernization expertise, migration tools, and accelerators, Duck Creek’s industry-leading software-as-a-service (SaaS)
Dr. Reddy’s Laboratories Ltd. announced the release of Difluprednate Ophthalmic Emulsion 0.05%.This medication is used to alleviate swelling and pain associated with eye surgery. It may also be used to treat a serious eye condition. This medication belongs to the corticosteroid class of drugs. According to Dr. Reddy’s Labs, it is a therapeutic generic equivalent
State-run Indian Oil Corporation Ltd (IOCL) and GAIL are in talks with the UAE’s Abu Dhabi National Oil Company (ADNOC) for a long-term liquefied natural gas (LNG) supply contract in order to secure India’s energy needs at affordable prices. The negotiations are well underway. In fact, given the UAE’s current limited natural gas export capacity,
Vikas Lifecare Ltd is a small-cap company with a market capitalization of 679.01 Cr that operates in the commercial services industry. The primary business of the company is the production and sale of PVC and plastic products. The Board of Directors of Vikas Lifecare Limited today approved an investment in Kohinoor Foods of up to
HFCL has been awarded an Export Contract worth Rs 82.97 crore from a well-known telecom operator for the supply of various types of optical fibre cables and accessories as per customer specifications. The order must be completed by FY2025. HFCL is a leading telecom infrastructure developer, system integrator, and manufacturer of high-end telecom equipment and
