Month: June 2023

India’s first MRNA vaccine developed from indigenous platform technology

Vijay Raman

Union Minister of State (Independent Charge) for Science and Technology, MoS PMO, Department of Atomic Energy and Department of Space and MoS Personnel, Public Grievances and Pensions, Dr Jitendra Singh launched the GEMCOVAC® -OM, an Omicron-specific mRNA-based Booster vaccine.   India’s first mRNA vaccine has been developed using the indigenous platform technology by Gennova, with funding support from Department of Biotechnology (DBT) and Biotechnology Industry Research Assistance Council (BIRAC). A few days ago this vaccine got the nod from the office of the Drug Control General of India (DCGI) for…

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NHPC to develop 2 GW pumped storage, 1 GW solar power projects in Odisha

Vijay Raman

NHPC Limited, the largest hydropower development organization in India, has signed a Memorandum of Understanding with GRIDCO Odisha, Government of Odisha, for “Development of Pumped Storage Projects (PSPs) and Renewable Energy in the State of Odisha”. The MoU envisages setting up Self-identified Pumped Storage Projects of at least 2,000 MW and Renewable Energy Projects (Ground-Mounted Solar Projects / Floating Solar Projects) of at least 1,000 MW in the state.   The MoU was signed on 23rd June, 2023, by Executive Director (Strategy Business Development and Consultancy), NHPC, Rajat Gupta and…

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IREDA opens Paperless Business Centre at East Kidwai Nagar, New Delhi

Vijay Raman

Indian Renewable Energy Development Agency (IREDA), a Mini Ratna (Category – I) Government of India enterprise under the administrative control of Ministry of New and Renewable Energy, has set up a state-of-the-art Business Centre at NBCC Office Complex, East Kidwai Nagar, New Delhi. The new office incorporates cutting-edge technology and innovative solutions to eliminate the use of paper and promote efficient digital workflows throughout the organization. A significant milestone in IREDA's commitment to sustainable practices, the office which is designed to operate in a completely paperless manner, has been inaugurated…

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Joha rice — the Nutraceutical of choice in diabetes management

Vijay Raman

Joha rice, aromatic rice cultivated in the Northeastern region of India is effective in lowering the blood glucose and preventing diabetes onset and hence is an effective nutraceutical of choice in diabetes management. Joha is a short-grain winter paddy known for its significant aroma and noteworthy taste. The traditional claims are that the consumers of Joha rice have low incidence of diabetes and cardiovascular diseases, but these needed scientific validation. Towards that direction, scientists at the Institute of Advanced Study in Science and Technology (IASST), an autonomous institute of the…

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ATS HomeKraft delivers 1200+ homes in Happy Trails, two years ahead of RERA date

Vijay Raman

ATS HomeKraft, the 80:20 joint venture between ATS group and HDFC Capital Advisors, has started giving possessions of its first project – Happy Trails, comprised of 1,239 residential units.   Spread over 8 acres in the prime location of Greater Noida, ATS Homekraft has built Happy Trails, a premium housing complex at an affordable price. The company launched the project in 2018 and despite the prolonged slow phase of construction during the Covid-19 pandemic, it completed the project two years before the stipulated timeframe allotted by UP RERA.   “We…

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Skinvest unveils their new range of sunscreens: Introducing Sunny Side Up Cookie and Cream for unrivalled sun protection

Vijay Raman

Skinvest, a leading innovator in skincare solutions, is proud to announce the launch of its new sun protection products. Designed with advanced formulations researched and developed in collaboration with Stanford’s dermatologists, the Sunny Side Up Cookie and Cream is here to set a new standard for sun protection, empowering the Indian skin.   With the increasing awareness of the harmful effects of sun exposure, Skinvest has dedicated its efforts to develop a sunscreen that not only offers superior protection but also enhances the overall skin care experience and solves problems…

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President of India confers National Florence Nightingale Awards 2022 and 2023 to 30 Awardees at Rashtrapati Bhavan

Vijay Raman

President of India confers National Florence Nightingale Awards 2022 and 2023 to 30 Awardees at Rashtrapati Bhavan President of India Smt. Droupadi Murmu conferred the National Florence Nightingale Awards for the year 2022 and 2023 to the nursing professionals at the Rashtrapati Bhavan today. Thirty nursing professionals were awarded the prestigious award for their dedication, duty and service to the community. Union Minister of Health and Family Welfare Dr Mansukh Mandaviya, Union Minister of State for Health and Family Welfare, Prof S P Baghel and other dignitaries were also present.…

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New low cost technology reduces textile effluent pollution significantly

Vijay Raman

A textile and apparel industry, located in the Hanumakonda district, of Telangana has been able treat its textile wastewater at a very reasonable cost. Thanks to an energy-efficient and eco-friendly technology developed using, biosurfactants and membrane technology. Textile effluent is heavily contaminated with pollutants such as dyes, dissolved solids, suspended solids and toxic metals and there is a need for robust, efficient technologies to treat such effluent before they are discharged into the environment. NIT Warangal along with Prime Textiles, Rampur located in Kakatiya Mega Textile Park (KMTP), with support…

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NAZAARE HOLIDAYS AND TERRABLU CLIMATE TECH JOIN FORCES TO PIONEER SUSTAINABLE TRAVEL

Vijay Raman

  Nazaare Holidays Pvt. Ltd., a renowned and leading travel company, is delighted to announce its strategic alliance with TerraBlu Climate Technologies Pvt. Ltd., an innovative climate-tech firm. This partnership represents a momentous milestone as Nazaare Holidays embarks on its journey to becoming a sustainable travel company, committed to promoting tourism that harmonizes with and safeguards our natural environment.   With an unwavering commitment to reducing the adverse impacts of tourism while maximizing its benefits, Nazaare Holidays endeavours to leave a lasting legacy of clean and thriving landscapes for generations…

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Unsold stock of homes priced >INR 2.5 Cr sees 24% yearly dip in MMR

Vijay Raman

Despite overall inventory in MMR seeing a 13% yearly increase at Q1 2023-end, homes priced >INR 2.5 Cr saw their inventory shrink from approx. 20,480 units in Q1 2022 to approx. 15,520 units by Q1 2023-end Luxury stock was the only category to see inventory reduce in MMR; all other segments – affordable, mid & premium – saw an increase At 33%, MMR homes priced INR 40 lakh to INR 80 lakh saw the highest increase in unsold stock – from approx. 40,245 units in Q1 2022 to approx. 53,550…

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