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Biocon Biologics Limited has sold its Indian branded formulations business to Eris Lifesciences Limited for an aggregate consideration of ₹1,242 Crore. ....
Is the cycling culture that bloomed during the pandemic withering away with the resumption of normal traffic? Or does the buzz indicate that this is the beginning of a cycling revolution?
: Saturday, May 29, 2021, 2:30 AM IST Covid may have stalled many a cycle but has turned the wheel for the bicycle industry, writes Anil Singh June 3 is World Bicycle Day. In the Netherlands, almost everyone uses bicycles daily; the bicycle ownership per 1,000 persons there is 1,100. In China, it is 360 whereas in India it is a meagre 90. In Japan, ministers and bureaucrats pedal to work. Our Union Minister of State for Water Resources Arjun Ram Meghwal has been often seen cycling from his official bungalow to Parliament Covid has stalled many a cycle but it has revived the bicycle industry worldwide. In India, sales which were stagnant grew by over two-fold in the last year, so much so that one has to wait four months for lightweight, geared cycles which cost up to Rs 3 lakh. ....