Indian domestic traffic up by 23% in Aug; total traffic at 95.7%

Omaxe to Build Rs 12 Billion Township in Indore

Real estate developer Omaxe Ltd has acquired 450 acres of land in Indore, Madhya Pradesh, to develop an integrated township, marking a significant expansion into Tier-II cities. The project will involve an investment of Rs 12 billion and is expected to generate revenue of around Rs 25 billion over the next three years.In a regulatory filing on Tuesday, the company announced its plans to expand operations in Madhya Pradesh with this acquisition. The development will be carried out in multiple phases and financed through internal accruals.The planned township will feature residential plots, hous..

Lupin and Zentiva Sign Pact to Commercialise Certolizumab

Global Pharma major Lupin (Lupin) and Zentiva Group (Zentiva), a pan-European pharmaceutical company, have entered into a license and supply agreement for commercialisation of Lupin’s biosimilar Certolizumab Pegol, across multiple markets globally.This strategic alliance aims to accelerate the availability of high-quality, cost-effective biosimilar Certolizumab Pegol to patients worldwide.Lupin will be responsible for the development, manufacturing and supply of the product within the agreed territories. Zentiva will oversee commercialization activities outside USA and Canada, predominantly ..

Tata Tech, Emerson Partner on Advanced Testing for Next-Gen Mobility

Tata Technologies, a global product engineering and digital services company, and Emerson, an industrial technology leader of advanced automation solutions, today jointly announced a strategic partnership to innovate integrated testing and validation solutions for global OEMs in the automotive, aerospace and commercial vehicle sectors.By combining Tata Technologies’ deep expertise in systems engineering, E/E architecture, and mobility platform development with Emerson’s industry-leading, software-connected test and measurement solutions, this partnership aims to empower manufacturers to ta..