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Dr Reddy's signs licensing pact to sell Australian Immutep's cancer drug

Dr Reddy's signs licensing pact to sell Australian Immutep's cancer drug

Indian drugmaker Dr Reddy's signed an exclusive licensing pact with Australia's Immutep to develop and distribute the latter's cancer therapy, the companies said on Monday.

As part of the agreement, Immutep will receive about $20 million upfront from Dr Reddy's as well as potential regulatory development and commercial milestones payments of up to $349.5 million.

BJP has abandoned its responsibilities as Oppn in Karnataka: Priyank Kharge

BJP has abandoned its responsibilities as Oppn in Karnataka: Priyank Kharge

Karnataka Minister Priyank Kharge on Monday hit out at the BJP ahead of the Assembly session here, alleging that the party has abandoned its responsibilities as an opposition and was instead focusing only on trivial issues.

Speaking to reporters on the premises of Suvarana Vidhana Soudha here, Kharge took a dig at the BJP for remaining silent on matters that fall under the purview of the central government.

NCRTC clears DPR for Namo Bharat link across Gurugram-Faridabad-Noida

NCRTC clears DPR for Namo Bharat link across Gurugram-Faridabad-Noida

The National Capital Region Transport Corporation (NCRTC) has completed the detailed project report (DPR) for the proposed Namo Bharat Regional Rapid Transit System (RRTS) corridor that will connect Gurugram, Faridabad and Noida, Hindustan Times reported. The project is estimated to cost around ₹15,000 crore.

At 100 years, Vande Mataram saw India 'in chains of Emergency': PM Modi

At 100 years, Vande Mataram saw India 'in chains of Emergency': PM Modi

Prime Minister Narendra Modi on Monday said the Constitution was “throttled” and the nation “chained” during the Emergency, a period that coincided with the 100th anniversary of the national song Vande Mataram.

The Prime Minister was speaking in the Lok Sabha, where he initiated a day-long discussion on the 150th year of Vande Mataram. He said the song had inspired generations and remained a symbol of unity in the face of British rule.

'Need to have 5 big airlines': Civil Aviation Minister amid IndiGo crisis

'Need to have 5 big airlines': Civil Aviation Minister amid IndiGo crisis

Civil Aviation Minister Ram Mohan Naidu on Monday said the ministry has continuously been working to encourage competition in the sector and encouraged more airlines to come to the industry with the government's help.

Speaking at the Rajya Sabha, Naidu said, "We have envisioned the demand to be growing at such a rate that we want to have more airlines in the picture... The demand that India is creating today, we need to have five big airlines, and that has been the effort from the ministry to encourage more airlines to join the industry."

Hyderabad airport receives three bomb threats for incoming flights

Hyderabad airport receives three bomb threats for incoming flights

Rajiv Gandhi International Airport has received three bomb threats to flights coming from different cities, including two international, sources said.

The airport received emails on late Sunday night targeting British Airways' (BA 277) from Heathrow, Lufthansa's (LH 752) from Frankfurt and IndiGo's 6E 7178 from Kannur.

Centre releases over ₹68,000 crore to states under Mgnrega in FY26

Centre releases over ₹68,000 crore to states under Mgnrega in FY26

The Centre has released Rs 68,393.67 crore to states and Union Territories so far under the flagship rural employment scheme MGNREGA, Minister of State for Rural Development Kamlesh Paswan said on Friday.

In a written reply in the Rajya Sabha, the minister said Rs 57,853.62 crore has been released for the wage component by November 26 and Rs 10,540.05 crore for the material and admin components.

Putin's India visit 'result of Trump's gross incompetence': Ex-US official

Putin's India visit 'result of Trump's gross incompetence': Ex-US official

Former Pentagon official Michael Rubin said that Russian President Vladimir Putin's visit to India is seen as US President Trump's "gross incompetence" by the majority of the US people, who dislike Trump, which he claimed is around 65 per cent according to recent polls.

IndiGo crisis prompts Centre to enforce fare caps on major routes

IndiGo crisis prompts Centre to enforce fare caps on major routes

The Ministry of Civil Aviation (MoCA) has directed airlines to comply with newly introduced fare caps on all disrupted routes, following a sharp surge in airfares amid ongoing flight disruptions triggered by the operational crisis at IndiGo. The caps will remain in force until normal flight operations resume and the situation stabilises.

Biocon to make Biocon Biologics a wholly owned subsidiary in $5.5 bn deal

Biocon to make Biocon Biologics a wholly owned subsidiary in $5.5 bn deal

Indian biopharmaceutical company Biocon said on Saturday it would fully integrate its biosimilar unit Biocon Biologics as a wholly owned subsidiary.

Biocon said in a statement it will acquire the remaining stakes in Biocon Biologics from Serum Institute Life Sciences, Tata Capital Growth Fund II and Activ Pine LLP through a share swap of 70.28 Biocon shares for every 100 Biocon Biologics shares, at a price of ₹405.78 ($4.51) per Biocon share. The deal values Biocon Biologics at $5.5 billion.

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