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Black & Veatch Designs First-of-a-Kind Advanced R&D Facility for Cultivated Seafood in Singapore

Black & Veatch collaborated with Shiok Meats for the conceptual design and layout of their first-of-a-kind advanced research and development facility for cultivated seafood, officially opened by Singapore’s Minister for Sustainability and the Environment, Ms. Grace Fu in November. ....

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Jana Small Finance Bank extends overdraft facility against fixed deposits


Jana Small Finance Bank extends overdraft facility against fixed deposits
Customers can avail this facility instead of liquidating the FD to meet their liquidity requirements.
To offer financial support to many affected by COVID-19, Jana Small Finance Bank Ltd has extended its Overdraft (OD) facility Against Fixed Deposit (FD) at a nominal interest rate to all its customers across India.
The interest rate on this facility is 0.25 percentage points over and above the FD rate with a utilisation of 50 percent or more. Under this facility, up to 90 percent of the FD value can be availed as OD. The special pricing will be available to its existing customers till 31 ....

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Everest Organics hits on roof on launching anti-fungal API


Everest Organics hit an upper circuit of 20% at Rs 399.50 after the company announced the successful development of an anti-fungal API (active pharmaceutical ingredient) Posaconazole meant to treat black fungus patients.
The anti-fungal API has been developed at the lab scale in the existing R&D facility of Everest Organics.
Posaconazole is a triazole antifungal agent indicated for treating mucormycosis patients popularly known as Black Fungus in post-COVID complications.
Dr. Srikakarlapudi Sirisha, director, commenting on this recent development stated: The Everest Organics has successfully developed the API Posaconazole using its own in-house R&D strength at lab scale in short span of time. Further, we are in advance stage of commercializing the same. ....

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