DNEG, a visual entertainment services company, has agreed to buy Prime Focus Technologies (PFT), which provides cloud-based software and artificial intelligence (AI) technology to the media and entertainment (M&E) industry. PFT, a subsidiary of Prime Focus Ltd, DNEG’s parent company, has offices in North America, the United Kingdom, and India. Fast X (May 2023), The
RITES has received a work order from Kerala Infrastructure Investment Fund Board (KIIFB) for PMC work on their projects, with an estimated fee of Rs 72 crore. Previously, in March 2023, the company received an order from a joint venture partner for Project Management Consultancy work under the Assam Health System Strengthening Project. RITES is
Suzlon Group announced that it has won a contract to build a 50.4 MW wind power project for Sembcorp’s renewables subsidiary Green Infra Wind Energy Ltd. Suzlon Group said in a statement that as part of the order, it will install 24 wind turbine generators (WTGs) with a Hybrid Lattice Tubular (HLT) tower and a rated
Paras Anti-drone Technologies Private Limited (a subsidiary of Paras Defence and Space Technologies Limited) has signed a ‘Memorandum of Understanding’ (MoU) with Spacekawa Explorations Private Limited (Kawa Space) for indigenous development and deployment of space intelligence, surveillance, and reconnaissance (ISR) payloads, including RF Wideband Software defined Radio (SDRs). Furthermore, by signing this MOU, Paras Anti-drone
Bharat Heavy Electricals rose 1.90% to Rs 73.31 after a consortium led by the company was awarded an order for the supply of 80 Vande Bharat trains in Indian Railways’ mega tender. Meanwhile, Titagarh Wagons’ shares increased 3.04% to Rs 296.70 on the BSE. The BHEL-Titagarh Wagons consortium has been awarded a contract to supply
The company announced in an exchange filing made after trading hours on Monday that it had received final approval from the US Food and Drug Administration (US FDA) for its abbreviated new drug application (ANDA), Apremilast Tablets, 10 mg, 20 mg, and 30 mg for the treatment of adult patients with active psoriatic arthritis. The
Kalpataru Power Transmission Ltd (KPTL) and its arms have bagged orders worth Rs 3,079 crore in March and April so far this year. The orders include civil works for a data centre and buildings of Rs 1,234 crore, an EPC (engineering procurement construction) order of Rs 754 crore in railway business and water supply projects
The United States Food and Drug Administration (USFDA) has given Zydus Lifesciences final approval to manufacture and market Tavaborole Topical Solution, 5%. (USRLD: Kerydin Topical Solution).Tavaborole topical solution is prescribed for the treatment of fungal toenail infections (infections that may cause nail discoloration, splitting, or pain). The medication will be produced at the group’s topical
The project entails “design, manufacture, supply, installation, testing, and commissioning of 2 nos. 110kV receiving substations including 110 kV, 33kV, and 25kV cabling work, complete 25kV overhead catenary system with switching station, 33Kv auxiliary power distribution system including 33/0.415 kV auxiliary sub-station (ASS), and complete SCADA system for main line and depot of Mumbai Metro
Larsen & Toubro (L&T) has been selected as the low bidder (L-1) for the redevelopment of New Delhi Railway Station (NDRS). The bid value exceeds Rs 8,000 crore, far exceeding the project’s estimated cost of around Rs 5,000 crore. As a result, the authorities may take up to a month to make a final decision.
