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Business News Energy Industry

We’ll Outrank Chinese gear in 3-5 years: Gautam Adani

adani-green-energy-share-price-riseNew Delhi: Gautam Adani, the leading industrialist said, “Chinese solar equipment holds 90 per cent share will come to negligible levels in 3-5 years. After Adani Green Energy won a major tender to set up 8 GW of manufacturing-linked solar energy projects with Rs 45,000 crore investment.”

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Business News Domestic Healthcare Industry News

The Revival of Pharma Ancillary Indutsry requires Urgent Action : IPA

immedidate-action-required-to-revive-pharma-ancillary-industry-says-ipaThe IPA said on Monday, “The ancillary industry, a major contributor for the pharma sector success in the country has faced serious constraint due to a number of factors imposed during nationwide lockdown needs of some concerted efforts for revival”.

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Business News Domestic Healthcare Markets News Stocks

Share Market Update Pharma Shares Trade Higher; Sun Pharma Gains 2%

share-market-update-pharma-shares-risenbsp-sun-pharma-gains-2brPharma shares traded higher with higher index sector trading in Friday’s session. Pharma sectoral index traded 0.85 per cent up at 10163.95 points.

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Business News Domestic Healthcare Industry News

Local Pharma API Companies to get Rs 10,000 crore boost

scheme-boost-domestic-API-IndustryDomestic companies investing in producing 53 crucial active pharmaceutical ingredients (APIs) will be getting an incentive of Rs 10 crore each from the government. India is the third-largest pharmaceutical industry country in the country but the domestic drug industry is dependent on imports from China.

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Business News Energy Industry

Real Time Electricity Trading on Power Exchange Likely Soon

real-time-power-market-likely-to-be-realityNew Delhi: Real-time trading will likely soon to be enabled on power exchanges in India. Purchasing electricity will be as quick as placing an online food order.

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Business News Domestic Industry News Telecom

Private Equity Firm Atlantic to Invest in Jio Platforms

Atlantic-Invest-in-Jio-PlatformsGeneral Atlantic to Invest Rs 6,598.38 crore in Jio Platforms after Facebook, Silver Lake, and Vista Equity Partners. General Atlantic also known as a marquee global investor will now hold an equity value of Rs 4.91 lakh crore and an enterprise value of Rs 5.16 lakh Crore in Jio enterprises.