Hester Biosciences announced the signing of an agreement with the Indian Council of Agricultural Research – National Institute of High Security Animal Diseases (ICAR-NIHSAD) to receive indigenously developed technology for the development and commercialization of the low pathogenic avian influenza (H9N2 strain) inactivated vaccine for poultry. The low pathogenic avian influenza H9N2 strain causes comorbidity

Stelis Biopharma, Strides Pharma Science’s biologics division, announced that its CDMO partner has received approval from the US Food and Drug Administration for a key ANDA (USFDA). The product was filed from Stelis Biopharma’s flagship facility in Bangalore. Stelis’ flagship facility in Bangalore, India, will manufacture and commercially supply the product to its CDMO partner.

Adani Enterprises has acquired a 100% stake in SIBIA Analytics and Consulting Services Private Limited (SIBIA) for cash. The ports-to-power conglomerate announced that it had acquired a 100% stake in SIBIA, a company in the Analytics, Machine Learning, and AI industry, for a total cash consideration of Rs 14.8 crore. According to the conglomerate giant’s

“The company has received a prestigious repeat order from Adani Total Gas for the supply of CNG cascades made from Type-IV composite cylinders worth approximately Rs 75 crore,” Time Technoplast said in an exchange filing. The delivery of these cascades will begin in January 2023, according to the company. Time Technoplast is a multinational corporation

Indian Energy Exchange (IEX) rose 1.24% to Rs 138.25 after the company announced the formation of a wholly owned subsidiary, International Carbon Exchange (ICX), to explore business opportunities in the voluntary carbon market. IEX established a new subsidiary with a Rs 10 crore authorised share capital and a Rs 5 crore paid-up share capital. According

The United States Food and Drug Administration (USFDA) has given Aurobindo Pharma preliminary approval for Dimethyl Fumarate capsules, which are used to treat multiple sclerosis. The USFDA has granted approval for 120 mg and 240 mg capsules. Dimethyl Fumarate Delayed-Release Capsules, 120 mg and 240 mg are bioequivalent and therapeutically equivalent to Biogen Inc.’s Tecfidera

Suven Pharmaceuticals’ promoters, the Jasti family, will sell 50.1 percent of the company to global private equity investor Advent International for Rs 6,313.08 crore. Advent International, through its manager Kotak Mahindra Capital Company Ltd, has announced an open offer to acquire a further 26% stake in the company from public shareholders, with a total outlay

According to the company, Garuda Aerospace has received Type Certification and RPTO (Remote Pilot Training Organization) approvals from the Director General of Civil Aviation for its indigenously designed kisan drones. The DGCA Type certification is provided on the basis of a quality check and is issued after the unmanned aerial vehicles have undergone rigorous testing.

Infibeam Avenues Limited, India’s first listed fintech company, has received a permanent licence from the Reserve Bank of India (RBI) to operate as a Bharat Bill Payment Operating Unit (BBPOU) under the Bharat Bill Payment System (BBPS). BillAvenue, as a BBPOU, serves as both a biller and a customer operating unit, onboarding Billers and Agent

Larsen & Tubro (L&T), an Indian multinational conglomerate, has won a major engineering, procurement, and construction (EPC) contract from Saudi Arabia’s NEOM to work on the world’s largest green hydrogen project. According to NGHC, the contract was signed between NEOM Green Hydrogen Company (NGHC), an equal joint venture formed by ACWA Power, Air Products, and