logo
Sun Pharma lines up USD 100 mn to commercialise niche products this fiscal

Sun Pharma lines up USD 100 mn to commercialise niche products this fiscal

Time of India01-06-2025
Synopsis
Sun Pharmaceutical Industries plans a USD 100 million investment to commercialize innovative products this fiscal year, focusing on its specialty business. The company will launch Unloxcyt and Leqselvi, while seeking a partner for MM-II development. Sun Pharma anticipates mid-to-high single-digit consolidated topline growth for FY26 and expects R&D spending to be 6-8% of sales.
Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

TNPSC Group 2 registration ends today; apply now for 645 posts
TNPSC Group 2 registration ends today; apply now for 645 posts

Scroll.in

time42 minutes ago

  • Scroll.in

TNPSC Group 2 registration ends today; apply now for 645 posts

The Tamil Nadu Public Service Commission (TNPSC) will close the online application window today, August 13, for recruitment to the Combined Civil Services Examination - II (Group II and IIA Services). Eligible candidates can apply for the posts at The correction window will open from August 18 to 20, 2025. The preliminary exam will be conducted on September 28 from 9.30 am to 12.30 pm. The Commission aims to fill 645 vacancies. Applicants can check the educational qualification, pay scale, and other details available in the notification below: Here's the official notice. Application Fee Applicants have to pay a fee of Rs 100 for Preliminary exam, and Rs 150 for Main exam. Steps to apply for Group 2 posts 2025 Direct link to apply.

Jackpot for Gautam Adani as Adani Power wins Rs 24900000000 project in THIS state, company to set up…
Jackpot for Gautam Adani as Adani Power wins Rs 24900000000 project in THIS state, company to set up…

India.com

time3 hours ago

  • India.com

Jackpot for Gautam Adani as Adani Power wins Rs 24900000000 project in THIS state, company to set up…

Gautam Adani- File image New Delhi:In a major development, Gautam Adani-led Adani Power has announced that it has secured a Letter of Intent (LoI) from the Bihar State Power Generation Company Ltd (BSPGCL) to develop and operate a 2,400 megawatt greenfield thermal power plant in Bhagalpur District, Bihar. According to the company, the investment will be worth Rs USD 3 billion. The project is likely to play a pivotal role in pushing the state's industrial growth. 'We have won the bid to develop and operate a 2,400 MW thermal power project in Bihar. We will set up a new greenfield plant with an investment of USD 3 billion, which is expected to further aid industrialization in the state,' said S B Khyalia, CEO of Adani Power. Khyalia further added that the new plant would be an advanced, low-emission ultra-supercritical power station, designed to supply dependable, competitively priced, and high-quality power to the state. It is important to note that Adani Power is India's largest private thermal power producer. The company has installed thermal power capacity of 18,110 MW across 12 plants in various states, including Gujarat, Maharashtra, and Karnataka. Here are some of the key details: Adani Power emerged as the lowest bidder in a competitive tender process The company will supply 2,274 MW of energy to the North Bihar Power Distribution Company Ltd (NBPDCL) and South Bihar Power Distribution Company Ltd (SBPDCL) at a supply price of Rs 6.075 per KWh. The company is likely to receive the Letter of Award (LoA) soon, followed by the execution of a Power Supply Agreement (PSA) with the state utilities. The new facility will be a 3×800 MW ultra-supercritical power plant, built under the Design, Build, Finance, Own, and Operate (DBFOO) model. The first unit of the plant is scheduled to be commissioned within 48 months from the appointed date, and the last unit will be operational within 60 months. The project is set to generate significant employment According to the reports, the project will generate an estimated 10,000-12,000 jobs during the construction phase and 3,000 jobs once the plant is operational. Fuel for the power plant will be sourced from the allocated coal linkage under the Government of India's SHAKTI Policy.

Centre approves ₹8K-crore for Arunachal hydroelectric project
Centre approves ₹8K-crore for Arunachal hydroelectric project

Hindustan Times

time4 hours ago

  • Hindustan Times

Centre approves ₹8K-crore for Arunachal hydroelectric project

New Delhi The Union cabinet chaired by Prime Minister Narendra Modi has approved ₹8146.21 crore for a 700 MW hydroelectric project, Tato-II, in Arunachal Pradesh's Shi Yomi district, a move that comes weeks after China began construction of what is set to be the world's largest river dam on the upper reaches of the Brahmaputra river. Centre approves ₹ 8K-crore for Arunachal hydroelectric project The project will be implemented by a joint venture between the North Eastern Electric Power Corporation Ltd, a central public-sector company, and the state government. It will take an estimated six years to build, a statement said. The Centre will additionally give ₹458.79 crore for constructing roads, bridges and transmission lines, apart from assistance of ₹436.13 crore towards equity share of the state. Arunachal Pradesh's cabinet had in May approved five mega hydropower projects in Shi Yomi, which borders China, towards the middle northern part of the state. The five projects – Heo, Hirong, Naying, Tato I, and Tato II – would have a total capacity of 2,626 megawatts of electricity. 'On behalf of the people of Arunachal Pradesh, I convey our heartfelt gratitude to Hon'ble PM Shri Narendra Modi ji for approving the 700 MW Tato-II Hydroelectric Project with an investment of ₹8146.21 crore in Shi Yomi district,' Arunachal chief minister Pema Khandu said in a Facebook post soon after the Centre's decision. The state government has tasked a panel with modifying the State Hydro Power Policy, 2008, as well as the Local Area Development Fund Guidelines, 2022 to ramp up hydropower projects. About 49% of India's hydropower potential is said to be in Arunachal Pradesh. Last month, Chinese Premier Li Qiang presided over a ceremony marking the start of construction on the $167-billion dam on Yarlung Tsangpo river in Tibet, according to reports in China's state-run media. The Motuo hydropower station is set to overtake the Three Gorges dam as the world's largest, sparking concerns in India over its potential impact on the Brahmaputra. The project has drawn criticism for its potential impact on the environment of Tibet and on millions of people in India and Bangladesh. These concerns could spur India to fast-track another multipurpose dam in Arunachal Pradesh, known as the Siang Upper multipurpose storage project, to act as a buffer against sudden changes in the flows of the Siang and Brahmaputra rivers, people familiar with the matter had said last month. However, indigenous Adi tribal inhabitants of the region have protested the proposed Upper Siang project, fearing loss of livelihoods and displacement. The Chinese dam is located around a 'great bend' on the Yarlung Tsangpo river, which is known in India as the Brahmaputra, a lifeline for Assam. The Siang, which flows through Arunachal Pradesh, is the Brahmaputra's main tributary that connects it to the YarlungTsangpo. The Tato-II project would benefit the state by yielding 12% free power and another one per cent towards Local Area Development Fund, Union information and broadcasting minister Ashwini Vaishnaw said.

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into a world of global content with local flavor? Download Daily8 app today from your preferred app store and start exploring.
app-storeplay-store