Finnish company Nokia on Monday said it has won a multi-year deal from Indian telecom operator Reliance Jio to build one of the largest 5G networks in the world.

Under the contract, Nokia will supply equipment from its AirScale portfolio, including base stations, high-capacity 5G Massive MIMO (multiple input multiple output) antennas, and Remote Radio Heads (RRH) to support different spectrum bands, and self-organising network software.

Zydus Lifesciences on Monday said it has got tentative approval from the US health regulator to market its generic versions of Valbenazine capsules and Roflumilast tablets.

Valbenazine capsules are indicated for the treatment of tardive dyskinesia (uncontrolled movement of body parts such as face and tongue) while Roflumilast tablets are used for reducing risk of chronic obstructive pulmonary disease in severely affected patients associated with chronic bronchitis and a history of exacerbations.

Road developer IRB Infrastructure Developers surged nearly 10 per cent—most among ‘A’ group stocks—after domestic brokerage Ventura said its stock could jump more than 3x in 30 months. The stock traded at Rs 237, up 9.6 per cent over its previous day’s close.

Debt reduction, renewed government focus on BOT (build–operate–transfer) projects, attractive valuations and strong revenue growth forecasts could lead to a re-rating in the stock, Ventura Securities has said.

As the world is discussing what should be the next alternative energy to run vehicles, Toyota has launched a first-of-its-kind pilot project flex fuel-strong hybrid electric vehicle (FFV-SHEV) in India. The new vehicle can run on 100 per cent ethanol.

An FFV-SHEV possesses a flex-fuel engine and an electric powertrain. This setup extends the dual advantages of higher ethanol use and greater fuel efficiency, as it can run in its EV mode for a good amount of time, while the engine stands shut off.

Russian President Vladimir Putin on Friday said that any direct contact or direct clash of NATO troops with the Russian army would lead to a "global catastrophe".

Addressing the news conference in Kazakhstan's capital Astana, Putin said, "In any case, direct contact, direct clash of (NATO) troops with the Russian army is a very dangerous move which could lead to a global catastrophe. I hope that those who are saying this are smart enough not to take such a step."

The South Central Railway (SCR) has completed and commissioned a major 221-km rail line doubling and electrification project that could give a boost to agro and aqua economies in the coastal region of Andhra Pradesh.

Electrification of the final 32.8-km stretch of rail line between Aravalli and Nidadavolu has been commissioned on October 13, marking the completion of the decade-old project.

A day after insurance regulator Irdai's final approval, HDFC Life Insurance on Friday announced completion of Exide Life merger.

This marks the completion of the first-ever merger and acquisition (M&A) transaction in the Indian life insurance sector, HDFC Life said in a statement.

HDFC Life had completed the acquisition of Exide Life in January 2022.

Bihar Chief Minister Nitish Kumar on Friday vowed that he would never ally with the Bharatiya Janata Party again, and said that he will work for the progress of the country along with Bihar.

The Chief Minister hit out at the BJP for targeting him since the split of the BJP-JD(U) alliance in August this year, and alleged that the former ally is trying to create a conflict in the Mahagathbandan.

The world's largest passenger plane Airbus A380 operated by Emirates' arrived at the Kempe Gowda International Airport in Bengaluru on Saturday.

Bengaluru became the first southern city in the country where services of world's largest passenger aircraft is launched.

India has been a leader in digitalisation over the last few years and has overcome some of the administrative bottlenecks through increased innovation, a senior International Monetary Fund official said.

Digitalisation has taken on added importance as the world exits the COVID-19 pandemic, Anner-Marie Gulde-Wolfe, deputy director at the IMF's Asia Pacific Department, told reporters at a news conference here on Friday.

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