Industry News

Beckers Partners with Suppliers to Integrate Recycled Plastic into Coatings, Advancing Circular Economy

By harnessing innovative chemical conversion technologies and sustainable supply chains, this endeavor has the potential to repurpose plastic waste into top-tier materials while mitigating environmental impact.

Jiangshans Proposed Investment of Nearly 800 million Yuan to Establish New Herbicide Project

The objective of the initiative involves constructing equipment for 500 tons of (JS-T205), production equipment for formulations, and additional complementary facilities.

Medanta Collaborates with GE HealthCare to Introduce Tele-ICU Services

The commencement of this initiative will offer round-the-clock virtual assistance and distant observation for patients in critical condition.

Prospects for Semiconductor Plant in Mysuru Diminish Amidst Technical Challenges

The ambitious plans for establishing a semiconductor manufacturing plant in Mysuru are facing significant hurdles, making the realization of this venture increasingly unlikely.

FDA approves First Postpartum Depression Pill in the United States

The FDA has approved zuranolone (Zurzuvae, Sage Therapeutics) as the first oral medication to treat postpartum depression (PPD) in adults.

Lebanon Plunged into Darkness as Power Plants Grapple with Financial Crisis

A dire electricity shortage has thrown Lebanon into a state of darkness as the country''s power plants grapple with a severe financial crisis, leaving citizens and businesses in despair.

AstraZeneca Acquires Pfizer’s Rare Disease Gene Therapy Business.

A subsidiary of AstraZeneca, Alexion, will take over Pfizer’s Rare Disease Gene Therapy for USD1 Billion.

Volunteer Efforts Mitigate Plastic Waste Crisis: Removal of Tons of Rubbish from Hungarian River

Numerous muddy plastic bottles, sizeable fragments of Styrofoam, and an assortment of waterlogged debris now lay heaped upon a flatbed trailer nestled along the Tisza River''s banks in Hungary.

India Computer Vision Market is Expected to grow at a robust CAGR of 15.22% through 2030F

Rapid adoption of AI-driven automation, increasing demand for real-time image and video analytics across sectors like retail, healthcare, and manufacturing, and advancements in machine learning are driving the India Computer Vision Market.

India''s Restriction on Rice Exports Causes Panic Buying in the United States

Panic buying among the Indian diaspora and other Asian communities across the US has been brought on by the export prohibition on non-basmati white rice.

Unchained Labs expands its focus on lipid nanoparticles with the acquisition of Blacktrace Holdings

With the acquisition of Blacktrace Holdings, Unchained Labs now has three brands in its product portfolio, including Lipid nanoparticle (LNP) formulations.

Unlocking Untapped Potential: Telecom Equipment Shifting Redefines Rural Connectivity for Telecom Service Providers

Unlocking Untapped Potential: Telecom Equipment Shifting Redefines Rural Connectivity for Telecom Service Providers

UK Affirms Ban on Petrol Cars from 2030

The British government has pledged to stick with a ban on new petrol and diesel cars from 2030 to reassure electric car companies and investors after Prime Minister Rishi Sunak appeared to waver on the policy in recent days.

Oil Rises to USD80 as Demand Outlook Improves

Oil rose to the most elevated since April 2023, as signs of financial strength within the US improved in the viewpoint for request.

Joint Venture of Reliance Industries in Data Center Industry

Reliance Enterprises Ltd (RIL) is joining hands with Brookfield Foundation Accomplices Lp and Digital Realty Trust Inc. in a three-way venture for setting up special purpose vehicles (SPVs) aimed at developing data centres in India.

Torrent Power Ltd. (TPL) Launches Public EV Charging Stations in Collaboration with Siemens to Expand National Network

In a strategic move to tap into the burgeoning electric vehicle (EV) market, Torrent Power Ltd. (TPL), a leading multibagger power generation company, has unveiled its ambitious plan to roll out a network of public EV charging stations across the country.

Hero Future Energies Signed MOUs Worth USD 744 million to Develop Upcoming Renewables Projects Across the Nation

On 25th July 2023, The Memorandum of understanding was signed on the sidelines of the 4th G20 Energy Transition Working Group (ETWG) meetings at Goa.

Eli Lily Announces Acquisition of Sigilon Therapeutics Inc.

Eli Lily has announced its definitive agreement to acquire Sigilon Therapeutics Inc to boost potential for its cell therapies for diabetes.

FDA Approves the First Monoclonal Antibody Beyfortus

FDA approves Beyfortus (nirsevimab-alip) to protect infants against RSV disease.

India's Path to Technological Sovereignty: Unveiling the 40nm Semiconductor Fabrication Unit and Pioneering Compound Fab Proposals

In a bold move to bolster its electronics manufacturing capabilities and reduce reliance on imports, the Indian government is poised to announce the establishment of a cutting-edge 40nm semiconductor fabrication unit.