The homes of some 17 families were completely destroyed.
The process of discovering and developing a new drug can take decades and costs hundreds of millions or even billions of dollars. However, technological advances like artificial intelligence can help speed up and transform the time-consuming and labor-intensive exercise. In India, Peptris Technologies, a Bangalore-based AI drug discovery company, has announced $1 million in pre-seed round investment led by Speciale Invest.
The new workforce will primarily take care of the company's proposed expansion with an outlay of Rs 216 crore, which would include capacity expansion for its various product lines, forward integration in the chemical and backward integration in the pharmaceutical divisions to produce raw materials for its flagship product Ibuprofen, besides increasing its cogeneration of power.
Top government officials in New Delhi have started discussions with stakeholders ranging from shipping and container companies to export promotion councils to understand the impact of the Iran-Israel tensions and plan ahead. Inter-ministerial talks are also being lined up amid the crisis situation in West Asia, sources confirmed. While the crude flows are not directly under any threat, elevated oil prices remain a concern, according to officials.
'We see mid-and small-caps as a real pot of gold.' 'From a 10-15 years perspective, mid-and small-cap are likely to outperform the larger index, as they have done in the past.'
Three Bhopal gas tragedy survivors' organisations have opposed West Bengal government's move to invite Dow Chemicals to the proposed chemical hub in Haldia after the state government failed to acquire land at Nandigram.
Hike import duty on finished products; Rationalize excise Duty on Molasses to 8% ad valorem or Rs. 375/PMT and on Naphtha to 8%, cut corporate tax to 25%, service tax to 5%.
The police have so far seized approximately 1,700 kg of mephedrone from Pune and a couple of locations in Delhi.
The government will announce a second stimulus package next week covering auto, realty, housing and chemicals sectors.The government may announce safeguards for sectors such as chemicals, aluminium and tyres against cheaper imports.
"The shutdown is partly because of inventory pile up and partly for annual maintenance," said a company spokesperson. "It can take from a week to a month to re-start the plant," he said, without giving more details. India's economy is expected to grow at a slower pace by the end of this financial year as demand for homes, offices and cars slows. The impact of the slowdown on the paint, home and office furnishing industry is expected to be felt with a lag, say analysts.
Rekha Jhunjhunwala's net worth has increased by more than 7 per cent, or Rs 2,865 crore, compared to less than 1 per cent rise in the BSE Sensex.
Of the 21 people that died in Tamil Nadu's Villupuram and Chengalpattu districts earlier this week after consuming spurious liquor, 13 belonged to Ekkiyarkuppam at Marakkanam in Villupuram, which borders Puducherry.
Over 100 chemical storage tanks built at the Pirpav jetty near Chembur have been operating without approvals from the ministry of environment and forests for over 18 years. Each of these tanks has an average capacity of 200,000 kilolitres of oil.
The ongoing weakness in the broader equity market is likely to weigh on primary market investor participation ahead, which has already begun showing signs of fatigue, analysts said. The spillover effect, they say, will continue as long as the midcap and smallcap segments remain volatile. "The effect will be felt in the IPO market. The subscription levels have come down in the last few days and recent 4-5 IPOs have not done well.
'China is somewhat disappointing in its recovery, and slow growth, and India is reporting strong growth numbers.'
NDRF director general Atul Karwal told PTI that the teams are undertaking continuous familiarisation exercises and conducting simulation drills in the temple town to respond to any contingency.
Pirojsha Godrej, 43, patriarch Adi Godrej's son, is set to take over as chairman of the Godrej Industries Group from 2026 whol Nyrika Holkar, Smita Godrej Crishna's 42-year-old daughter, has emerged as the face of the Godrej Enterprises Group.
The froth in the small and midcap (SMID) space is limited to a few pockets, but regulatory scrutiny could lead to sustained volatility, observe India's top-drawer wealth managers. They add that they have been advising clients to reduce their exposure to smallcaps. Anand Rathi Wealth, which manages investor wealth through mutual funds (MFs), reports that its exposure to smallcap stocks, both through MFs and directly, has decreased by nearly 7 percentage points in the past few months, now standing at 23 per cent.
Six decades and more later, we are now captives of our identities. Every poll is based on elaborate calculations of electability of candidates on the basis of their castes and other narrow definers. That, along with voter promiscuity, is what defines our political culture, which remains stubbornly resistant to any change, asserts Shreekant Sambrani.
Micro-cap stocks are in the line of fire as market regulator Securities and Exchange Board of India (Sebi) is tightening its noose around investment in small-cap stocks. Given this, analysts suggest investors exit the segment, at least, for the time being. Independent market analyst, Ambareesh Baliga, for instance, said that regulators have gotten worried on the valuation front, though belated, which could prove to be the last straw on the camel's back.
About 1,000 alumni of the Indian Institutes of Technology (IITs) have sent a petition to the directors of the seven premier government-owned engineering institutes urging them to ban Dow Chemicals, which acquired the Union Carbide plant in 2001, from any partnership or role in the premier institutes of the country. This comes soon after the company was forced to cancel pre-placement talks, due in the last week of October, in IIT Madras and Bombay.
Emerging evidence suggests that an increased risk of cancer and heart disease in adults can result in part from exposures to certain environmental chemicals during childhood.
Government auditor, the Comptroller and Auditor General has found that not all disease outbreaks and chemical accidents taking place in different parts of the country are reported to Central authorities which could effect the response to epidemics.
A manhunt has been launched for the owner of a production house Jerrit G John, who allegedly threw hazardous chemical on his former physiotherapist girlfriend at her residence in central Mumbai, the police said on Friday.
'Given the inherent volatility, investors should take at least a three to five-year view.'
Any government support or incentive to help exporters deal with high freight and insurance costs is unlikely.
In a stern message, the United States, Britain and France on Monday warned Syrian President Bashar Al-Assad of "serious consequences" if he fails to surrender his chemical weapons, saying military strike remains an option.
The Campaign estimates that 22,000 people are already dead and says yet Dow wants to deny all responsibility and wants the Indian government to pay millions of dollars for the clean of its mess in Bhopal.
Four of the eight battalions of the National Disaster Response Force have been earmarked specially for responding to such terrorist strikes.
'This nation depends on the Union government for its safety, security and their development, but look at the state of affairs
Gaffe-prone Spicer apologised on national television on Tuesday for comparing the Nazi leader with Syrian President Bashar al Assad
An Indian-flagged crude oil tanker is among two vessels that came under drone attacks by Yemen's Houthi rebels in the Southern Red Sea, the United States Central Command has said.
Dr R J Rathi, the doyen of Indian chemical industry and executive chairman of Sudarshan Chemical Industries Ltd passed away in Pune Thursday after a brief illness. He was 78 years old.
Did the Indian government guarantee Dow Chemicals, the parent company of Union Carbide, that it will not be held liable for the Bhopal gas tragedy?
Domestic customers will get access to high-quality Swiss products such as watches, chocolates, biscuits, and clocks at lower prices as India will phase out customs duties under its trade pact with the EFTA bloc on these goods over a period of time. India and the four-European nation bloc EFTA signed a trade and economic partnership agreement (TEPA) on Sunday to boost trade and investments between the two regions. The European Free Trade Association (EFTA) members are Iceland, Liechtenstein, Norway, and Switzerland.
Domestic customers will get access to high-quality Swiss products such as watches, chocolates, biscuits, and clocks at lower prices as India will phase out customs duties under its trade pact with the EFTA bloc on these goods over a period of time. India and the four-European nation bloc EFTA signed a trade and economic partnership agreement (TEPA) on Sunday to boost trade and investments between the two regions. The European Free Trade Association (EFTA) members are Iceland, Liechtenstein, Norway, and Switzerland.
Pant, a 1991-batch Indian Administrative Service officer of Rajasthan cadre, is currently secretary in the ministry of ports, shipping and waterways.
After three days of investigation into the blast near the Israeli Embassy in New Delhi, the Delhi Police is planning to register a first information report (FIR) as they have found 'crucial evidence' pointing to a conspiracy to threaten the envoy, sources said on Friday.
Reaffirming its stand, the International Olympic Committee Wednesday rejected calls from the Indian Government to drop Dow Chemicals as sponsor of the London Games because of its links to the 1984 Bhopal gas tragedy.
From toys, footwear and furniture to insulated flasks, smart meters, and air coolers - the Central government over the last decade has mandated higher standards for production and imports of such items. Sample this: Till 2014, there were 14 Quality Control Orders (QCOs) covering 106 products. By the latest count, there are 156 QCOs on 672 products.
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