Laser Power & Infra Ltd., an integrated manufacturer of power cables, conductors and specialised products for the power transmission and distribution industry, will launch its Rs 742-crore initial public offering on July 9. The issue will close on July 13, according to its red herring prospectus. The IPO comprises a fresh issue of equity shares worth Rs 542 crore and an offer for sale of shares aggregating up to Rs 200 crore by promoter selling shareholders. Net proceeds from the fresh issue will be used towards repayment or prepayment of borrowings amounting to Rs 490 crore, and for general corporate purposes. The company operates three manufacturing units in West Bengal and reported revenue of Rs 2,326 crore and net profit of Rs 151 crore in FY26. Its order book stood at Rs 3,243 crore as of March 31, 2026. Laser Power, which also has an engineering, procurement and construction division, is a licenced stranding partner of US-based TS Conductor, allowing it to locally manuf...
China, still reeling from the devastating impact of the COVID-19 pandemic, now faces a new threat: a mysterious pneumonia outbreak sweeping through schools. This alarming situation, reminiscent of the early days of the COVID crisis, has led to a surge in hospitalizations, casting an ominous shadow over the country's healthcare system.
Hospitals in Beijing and Liaoning, 500 miles northeast, are struggling to cope with an influx of sick children, straining their resources to the breaking point. Local media reports suggest that school closures are imminent due to the outbreak. The affected children present with unusual symptoms, including lung inflammation and high fever, but noticeably lack the typical cough and other signs associated with flu, RSV, and other respiratory illnesses.
⚠️UNDIAGNOSED PNEUMONIA OUTBREAK—An emerging large outbreak of pneumonia in China, with pediatric hospitals in Beijing, Liaoning overwhelmed with sick children, & many schools suspended. Beijing Children's Hospital overflowing. 🧵on what we know so far:pic.twitter.com/hmgsQO4NEZ
— Eric Feigl-Ding (@DrEricDing) November 22, 2023
ProMed, an open-access surveillance platform that tracks worldwide disease outbreaks in humans and animals, issued an alert on Tuesday evening regarding an emerging epidemic of "undiagnosed pneumonia" particularly affecting children.
A ProMed alert issued in late December 2019 served as a critical early warning about a novel virus, subsequently identified as SARS-CoV-2, alerting a wide range of medical professionals and scientists, including high-ranking officials at the World Health Organization.
Watching this one closely...
— Isaac Bogoch (@BogochIsaac) November 22, 2023
Link: https://t.co/gxRuLe4y50 pic.twitter.com/WSm4W2wV1q
In an editor's note, ProMed said: "This report suggests a widespread outbreak of an undiagnosed respiratory illness... It is not at all clear when this outbreak started, as it would be unusual for so many children to be affected so quickly. The report does not say that any adults were affected, suggesting some exposure at the schools."
It is too early to project whether this could be another pandemic, but as a wise influenza virologist once said to me, "The pandemic clock is ticking; we just do not know what time it is."
from NDTV News- Special https://www.ndtv.com/world-news/mystery-child-pneumonia-sweeps-through-chinese-schools-leading-to-hospitalisations-4597996
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