LIC trims stake in Engineers India by 2%, now holds 3%

LIC trims stake in Engineers India by 2%, now holds 3%

Life Insurance Corporation of India (LIC) has trimmed its stake in Engineers India, a leading global engineering consultancy and EPC company, by about 2% through open market. The insurance behemoth disclosed in a regulatory filing on November 23 that it sold 1.14 crore shares of Engineers India during the period from February 02, 2021, to …

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Genesis Therapeutics Rakes In $200M For AI-Powered Drug Discovery

Genesis Therapeutics Rakes In 0M For AI-Powered Drug Discovery

Several startups focused on AI-powered drug discovery have closed multi-million-dollar funding rounds this year, including Causaly, BenchSci, Iktos, TandemAI and Protai. Another one joined the list on Monday.  Genesis Therapeutics announced the close of a $200 million Series B funding round, taking the Burlingame, California-based company’s total funding to date to more than $280 million. …

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