Industry News

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.

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.

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.

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.

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.

Greater Chennai Corporation considers new waste management initiatives

The Greater Chennai Corporation (GCC) is considering introducing measures taken by Rome, Paris and Barcelona to improve the city's Waste Management System (SWM).

QuidelOrtho’s Faulty Heart Attack Blood Test Hits Class I Recall by U.S. FDA

QuidelOrtho, a California based manufacturer of diagnostic healthcare products, has witnessed a Class I recall on faulty blood tests that helps doctors in identifying if a patient is at risk of having a heart attack.

Shell, PTTEP dial up Sarawak Drilling with Noble Rig

Shell and PTT Exploration and Production (PTTEP) have decided to expand their platform engagements in Malaysia. Noble Corp. announced that Sarawak Shell Berhad and Sabah Shell Petroleum Co Ltd (SSB/SSPC) have pursued three single-well options for the drillship Noble Viking.

Sanofi makes a in collaboration with Scribe worth USD1.2 billion in Sickle Cell Disease and Genomic Diseases

The latest deal between Sanofi and Scribe’s for the development of In Vivo Gene therapy focuses on in vivo Crispr editing for sickle cell disease.

Double–Digit Volume Growth to Rise the Revenue by Up to 18% - UltraTech Cement Quarter 1 Review

one of the major market players in the “Cement” Industry named Ultra Tech Cement, clocked double-digit volume growth in the first quarter (Q1), which is expected to drive the revenue higher despite lower realisation.

Novartis AG Acquires DTx Pharma Inc.

The acquisition of DTx Pharma Inc, by Novartis AG, helps it in expanding in RNA-based therapeutics by adding DTx Pharma’s FALCON platform to the Novartis siRNA toolkit

Wastewater Treatment Startup Hydroleap Secures USD 4.4 million in Series A Round to Expand in Asia-Pacific

Singapore’s Hydroleap, a green wastewater technology company, has raised USD 4.4 million in its Series A funding round. The funding was led by Real Tech Holdings, a prominent Japanese Venture Capital firm, with the participation of corporate investors, including Mitsubishi Electric, Seeds Capital, Wavemaker Partners, New Keynes Investments, and the State Government of Victoria in Australia.

Australia''s Prominence Secures 2 Exploration Blocks in Outer Continental Shelf (OCS) Near Texas

Australia’s Prominence Energy Ltd, through its recently shaped wholly owned subsidiary PRM Energy Texas LLC (PRM Texas), has been granted two adjoining investigation blocks within the USA Outer Continental Shelf (OCS) close Texas, the company said in a news release.

ACEN and Yindjibarndi People Forge Landmark Partnership for Renewable Energy Advancement in Western Australia

In a groundbreaking development for the renewable energy sector, ACEN (Australian Clean Energy Network) and the Yindjibarndi People have announced a historic partnership to promote sustainable energy projects in Western Australia.

Orange Jordan rolls out 5G services in Amman and Irbid

Orange Jordan has launched its 5G services in several areas of Amman and Irbid, becoming the first telecom company to launch a 5G network in Amman.

Avina Clean Hydrogen and Chart Industries collaborate on California Green Hydrogen Project

Avina Clean Hydrogen has announced a partnership agreement with Chart Industries to work on developing a green hydrogen plant in Southern California

India Plan LNG Terminal in Iraq

NEW DELHI: India is making plans to construct a liquefied Natural Gas (LNG) terminal in Iraq because it seems to diversify materials and improve its strength security, a central authority reliable said.

Lumos Diagnostics Limited receives US-FDA Clearance for FebriDx POC Test

FebriDx POC Test, an aid to diagnose bacterial acute respiratory infection receives FDA approval in United States.

Shell CEO Calls It ‘Irresponsible’ To Cut Oil Production Now

LONDON (AP) — The head of global energy giant Shell says it would be “irresponsible” to cut oil and gas production at a time when the world economy is still dependent on fossil fuels.