EYPT Stock On Track To Hit 16-Month Lows After Wet AMD Trial Setback – Retail Sees Ocular Therapeutics As A Better Buyout Candidate

EyePoint posted the results for its Phase 3 Lugano trial, which compared its Duravyu therapy with Aflibercept, the standard treatment for wet AMD. Duravyu failed to show it was ‘non-inferior’ compared to the standard treatment for wet AMD. In contrast, Ocular’s SOL-1 Phase 3 trial met its primary endpoint for Wet AMD in February. Despite … Read more

Tarapith fire: Adhir Chowdhury slams WB govt over ‘concrete jungle’

7 people died in a hotel fire in Tarapith, Birbhum. Congress leader Adhir Ranjan Chowdhury blamed “unplanned construction” and corruption. He demanded a probe, calling the holy site a “concrete jungle” where rescue is difficult. Senior Congress leader Adhir Ranjan Chowdhury slammed the West Bengal administration over the fire tragedy at Tarapith in Birbhum district, … Read more

L&T Secures Ultra-Mega Middle East Order, Offshore Contract Valued Above ₹15,000 Crore

New Delhi:  has secured an ultra-mega order in the Middle East to develop multiple offshore facilities, the company announced on Monday. L&T classifies contracts valued above Rs 15,000 crore as ultra-mega orders. However, the company did not disclose the client’s name or the exact value and completion timeline of the latest contract. Complete Project Execution … Read more

SEBI Launches Incident Reporting, Cyber Suraksha Portals To Strengthen Securities Market Cybersecurity

The Securities and Exchange Board of India (SEBI) has introduced two new cybersecurity platforms aimed at strengthening the way market intermediaries report, track and respond to cyber threats. The Incident Reporting Portal will provide a more structured mechanism for reporting cybersecurity incidents and bring the process in line with the Financial Stability Board’s reporting format. … Read more

India Eyes New Bilateral Investment Treaties With EU, Saudi Arabia, Switzerland, Oman, Maldives

India is looking to accelerate negotiations on a new generation of bilateral investment treaties (BITs), with agreements involving the European Union, Saudi Arabia, Switzerland, Oman and the Maldives expected to be finalised within the next two to three months, Financial Express reported. The proposed treaties are expected to provide foreign investors greater flexibility, particularly by … Read more

Govt Sets Emergency LPG Production Targets For 21 Companies To Reduce Import Dependence

The government has, for the first time, established maximum LPG production targets for individual public- and private-sector refineries and upstream companies, creating a permanent emergency framework to safeguard cooking gas supplies during future disruptions. An order issued by the Ministry of Petroleum and Natural Gas on August 13 sets emergency production ceilings for 21 refineries … Read more