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Reliance Power, subsidiary to raise up to Rs 1,200 cr from Varde Partners

Reliance Power, subsidiary to raise up to Rs 1,200 cr from Varde Partners

Reliance Power along with its subsidiary has entered a memorandum of understanding with investment firm Varde Partners for availing debt of up to Rs 1,200 crore, it said on Monday.

Reliance Power said the debt will be used for settlement and discharge, acquisition and restructuring of certain financial instruments.

World's first coronavirus vaccine you can inhale approved in China

World's first coronavirus vaccine you can inhale approved in China

China became the first country to approve a needle-free, inhaled version of a Covid-19 vaccine made by Tianjin-based CanSino Biologics Inc., pushing the company’s shares up as much as 14.5% Monday morning in Hong Kong.

China’s National Medical Products Administration approved CanSino’s Ad5-nCoV for emergency use as a booster vaccine, the company said in a statement to the Hong Kong Stock Exchange on Sunday.

Google removes record 137,657 pieces of bad content in India in July

Google removes record 137,657 pieces of bad content in India in July

Google has removed a record 137,657 pieces of bad content based on user complaints in July this year in compliance with the new India IT Rules, 2021.

Most of the content it removed were related to copyright violations (135,341), while other categories included trademark, court order, graphic sexual content, circumvention, and others.

Over one-third of Pakistan underwater amid its worst floods in history

Over one-third of Pakistan underwater amid its worst floods in history

More than one-third of Pakistan is underwater amid its worst floods in history, according to satellite images from the European Space Agency (ESA).

As deadly floodwaters threaten to create secondary disasters, food is in short supply after water covered millions of acres of crops and wiped out hundreds of thousands of livestock, reported CNN.

West Indies legend Brian Lara appointed head coach of Sunrisers Hyderabad

West Indies legend Brian Lara appointed head coach of Sunrisers Hyderabad

West Indies batting legend Brian Lara on Saturday was appointed as the new head coach of 2016 IPL champions Sunrisers Hyderabad. Lara, who was the strategic advisor and batting coach of the Sunrisers in the 2022 IPL season, succeeds Tom Moody for the top position in the upcoming seasons of the tournament.

"The cricketing legend Brian Lara will be our head coach for the upcoming #IPL seasons," announced the franchise through their official social media accounts.

Monkeypox infection linked to acute heart problem, shows new research

Monkeypox infection linked to acute heart problem, shows new research

In a first, a 31-year-old male with confirmed monkeypox infection developed acute myocarditis (inflammation of the heart muscle) approximately one week following the onset of monkeypox symptoms, researchers have revealed.

According to a case study published in the journal JACC: Case Reports, the patient visited a health clinic five days following the onset of monkeypox symptoms, including malaise, myalgia, fever and multiple swollen lesions on the face, hands and genitalia.

Actor Ranveer Singh joins Indian startup story, invests in SUGAR Cosmetics

Actor Ranveer Singh joins Indian startup story, invests in SUGAR Cosmetics

Bollywood actor Ranveer Singh is the latest to join Indian startup story by becoming an investor in beauty company, SUGAR Cosmetics. The financial details of the investment were not disclosed.

Singh's announcement comes close on the $50 million series D funds raised by the company in June this year.

NTPC registers 62% growth in coal production from its captive mines

NTPC registers 62% growth in coal production from its captive mines

NTPC has produced 7.36 MMT of coal production as per data available on August 31, registering a robust growth of 62 per cent compared to 4.55 MMT achieved during the same period last year.

"With meticulous planning, resource mobilization, and regular monitoring, NTPC has achieved substantial growth even during the monsoon period so far, and is hopeful of sustaining the growth that will help in ensuring uninterrupted, reliable and affordable power generation," an official release said.

'Oppn will finalise after discussion': KCR on PM face for 2024 election

'Oppn will finalise after discussion': KCR on PM face for 2024 election

Telangana Chief Minister K Chandrashekar Rao (KCR) on Thursday avoided giving a direct response to a question about whether Bihar Chief Minister Nitish Kumar will run as the opposition's candidate for Prime Minister, saying that the opposition parties would meet and make that decision.

While talking to the media during his visit to Bihar, KCR was asked whether Bihar CM Nitish Kumar will be the next PM candidate for the opposition.

Adani Group companies contributed 79 per cent in total m-cap gain in 2022

Adani Group companies contributed 79 per cent in total m-cap gain in 2022

Gautam Adani, the third richest person in the world, has seen a 365 per cent jump in his net worth in the last two years. Much can be credited to the rise in the market capitalisation of his companies. In the last two years, the m-cap of Adani Group companies rose by $112 billion, according to a report by Economic Times (ET).

Adani, with a net worth of $142.7 billion, is the first Asian to break into the top three.

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