Industry Trends

Senores Pharmaceuticals to acquire Apnar Pharma for enterprise value of ₹91 crore

The acquisition has been valued at an enterprise value of about ₹91 crore. Of this, around ₹76 crore comprises total debt and expected liabilities related to the manufacturing plant that will be taken over by Senores Pharmaceuticals, while the remaining about ₹15 crore will be paid in cash. Shares of Senores Pharmaceuticals Ltd ended at ₹817.00, up by ₹30.90, or 3.93%, on the BSE.

Industry Trends

Chinese Spacecraft Nearly Slammed Into Starlink Satellite, SpaceX Reveals

A Starlink satellite narrowly avoided a collision after a spacecraft launched by a Chinese rocket passed within 200 meters in orbit. SpaceX warned that the incident highlights growing safety risks caused by poor coordination as Earth’s orbital environment becomes increasingly crowded with satellites.

Industry Trends

Clocks on Mars Run Faster Than on Earth, New Study Finds

New research shows time on Mars runs faster than on Earth by 477 microseconds per day. The variation poses challenges for astronauts, navigation, and creating interplanetary communication networks. Scientists say understanding Martian time differences is key for future missions and testing Einstein’s relativity.

Industry Trends

Lemon Tree Hotels signs new 80-room property in Bandipur, Nepal

The key features of the hotel will include 80 well-appointed rooms, a restaurant and a bar, a banquet and meeting room, and recreational facilities including a swimming pool, a spa, and a fitness center. Shares of Lemon Tree Hotels Ltd ended at ₹161.28, down by ₹1.62, or 0.99%, on the BSE