TCS, Infosys, L&T’s IT stocks tanked, wiping $10Bn of tech wealth

All IT stocks of Indian tech giants like TCS, Infosys, L&T have recently tanked, wiping out investors’ wealth of around ₹80,000 crores ($10 billion) among a handful of IT stocks. This drop in the Nifty IT index stocks imitat....

Innovent reveals Phase 1 clinical results of Mazdutide for obesity

Innovent Biologics, Inc., a biopharmaceutical company that develops, manufacturers, and commercializes top-class medicines, has recently announced the outcomes of high-dose cohorts in Phase 1 clinical study of mazdutide (IBI362), a glucagon....

Owkin nabs $80M ahead of launching drug trial with Bristol Myers Squibb

Owkin, a medical A.I. company, has reportedly secured around $80 million as it gets ready to introduce a drug trial with the American pharmaceutical behemoth Bristol Myers Squibb. This new funding of $80 million is a split between a Seri....

China fast-tracks work to launch 1st solar power plant in space by 2028

China has reportedly advanced its plans for launching a space solar plant programme in 2028, two years prior to that of the original schedule. Earlier, the nation has intended to put a one-megawatt solar energy station in space by 2030. ....

Polymedco nabs investment from RoundTable Healthcare Partners

RoundTable's deep operating expertise will support Polymedco to increase awareness of CRC screening & cardiac testing RoundTable Healthcare Partners, an investment firm that focuses on businesses in the medical field, has recentl....

Google bans businesses from using RCS for ad promotions in India

Some of the major banks and leading firms were reported to be misusing the feature Google claims that messaging in the Android Messages app has recently touched 500 million monthly active users Global tech behemoth, Google LLC h....

UAE’s Trucare buys licenses for Call of Duty, Popeye and more

Trucare, one of the leading licensed product distributors of the world's finest brands in the Middle East region, has recently announced that it has acquired licenses for use of Call of Duty, Popeye, Mansou....

Buick plans to rebrand as an electric-only automaker in a decade

Buick, a division of the American automobile manufacturer General Motors, has announced key changes meant to highlight its shift to electric vehicles. The company will be releasing its first EV for the North American market in 2024 and w....

Japan doubles the daily arrival cap to 20,000 as Covid cases reduce

Japan has recently doubled the cap for everyday arrivals to 20,000 and authorized people to bypass covid-19 tests and isolation periods. These changes come as the country is constantly easing its strict border regulations after declining wo....

Appetito acquires Lamma to expand operations in Maghreb & West Africa

Appetito, an Egyptian grocery delivery startup, is reportedly acquiring Tunisia's q-commerce platform Lamma with an aim to extend its operations in Tunisia, Morocco, and West Africa and become Africa's major e-grocery and quick comm....