DSIJ Mindshare

L&T on Thursday announced that two of its segments namely, power transmission & distribution and water & effluent treatment business have secured orders from prestigious clients. 

Vedanta Limited emerged as the highest bidder for the West Coal Block at Radhikapur, located in Angul district of Odisha. The west coal block is at a distance of 190 kms from the company's Jharsuguda aluminum smelter. The announcement was made on Wednesday after the market hours. 

AU Small Finance Bank has informed that it has entered into a strategic partnership with ICICI Prudential Life Insurance Company to offer personalised insurance solutions to enhance the customer experience. The former aims to offer customised & goal-based life insurance solutions. 

Biocon Biologics Ltd (a subsidiary of Biocon Ltd) and Mylan (a subsidiary of Viatris Inc.) have been further informed by United States Food & Drug Administration (USFDA) regarding the deferral of the action on Biologics licence application (BLA) for MYL-1402O, a proposed biosimilar to Avastin® (Bevacizumab). 

Lupin Limited informed that it has received tentative approval from United States Food & Drug Administration for Efinaconazole topical solution, 10 per cent to market a generic equivalent of Jublia® topical solution, 10 per cent of Bausch Health Americas, Inc. This solution is used to cure Onychomycosis, a fungal infection caused in nails.