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Home  Business

Business

Huge potential for medical technology sector in India: Pharma Secy

Huge potential for medical technology sector in India: Pharma Secy

  • Bank credit grows by 5.73 pc , deposits by 11.34 pc

    In the fortnight ended December 6, 2019, bank credit had stood at Rs 99.35 lakh crore and deposits at Rs 131.06 lakh crore
  • RIL, BP produce gas from Asia’s deepest project

    RIL and BP are developing three deepwater gas projects in block KG D6 – R Cluster, Satellites Cluster and MJ – which together are expected to meet 15 per cent of India's gas demand by 2023
  • Unsecured lending to get a boost post covid: Bankbazaar

    The report said home buying aspirations took a beating with the pandemic as conserving savings took precedence over buying a house
  • Cisco agri challenge with prize purse of Rs 2cr announced

    The "Cisco Agri Challenge" challenge will run in stages over twelve months. It will support participants in developing, testing, and scaling solutions that help alleviate the issues of low income and diminishing profitability farmers in India are facing.
  • India to produce 300mn doses of Sputnik V vaccine in 2021: Report

    "In India, we have agreements with four large manufacturers. ...India will produce about 300 million doses or more of the vaccine for us next year," he was quoted as saying to Rossiya 24 TV channel by TASS news agency on Thursday.
  • LG Electronics unveils theme for CES 2021

    LG will hold a 30-minute virtual press conference at 8 a.m. Eastern Standard Time (EST) on January 11 under the theme of "Life is ON -- Make yourself @ Home" at the Consumer Electronics Show
  • Flipkart onboards 35% more sellers in 2020 amid e-commerce surge

    These sellers came from tier-2 and tier-3 regions such as Tirupur, Howrah, Zirakpur, Hisar, Saharanpur, Panipat and Rajkot, the company said.
  • How Piramal bid for DHFL scores higher

    As part of the RFRP, the Committee of Creditors (COC) has shared a purely objective scoring grid. This is a weighted average of upfront cash amount and the NPV offered by each bigger. Piramal bid scores highest
  • Walmart to bring livestreamed shopping on TikTok

    This first-of-its-kind livestream shopping experience will take place on Friday at 8 p.m. EST on the Walmart profile page on TikTok, the company said on Thursday.
  • Samsung releases new Galaxy Book laptops

    Samsung said the Galaxy Book Flex2, Galaxy Book Flex2 5G and Galaxy Book Ion2 will be launched on January 1, 2021. Preorders for the latest laptops, all powered by Intel Corp.'s 11th generation processor
  • Rupee opens 5 paise higher at 73.54 against US dollar

    Meanwhile, the dollar index, which gauges the greenback's strength against a basket of six currencies, was trading up 0.21 per cent at 90.01.
  • Sensex opens at record high, turns choppy in early trade

    ONGC was the top laggard in the Sensex pack, shedding around 3 per cent, followed by IndusInd Bank, HDFC twins, Bajaj Finance and Kotak Bank.
  • Coca-Cola laying off 2,200 workers as it pares brands

    The coronavirus pandemic has hammered Coke's business, as sales at places like stadiums and movie theaters dried up due to lockdowns.
  • SMT to roll out stents from Sultanpur in April: Official

    The company, Sahajanand Medical Technologies (SMT), which is headquartered in Gujarat, is setting up Asia’s largest stent manufacturing facility with an overall investment of Rs 250 crore
  • Use of technology helped Telangana deal Covid better: Jayesh

    Participating in a session `Telangana 2.0: Success Stories and Beyond Covid' as part of the CII Partnership Summit 2020, he said the many suggested that opening up the work areas was fraught with risk
  • Pega Hyderabad gets gold rating under ‘Health and Well-being’ category

    The Pega Hyderabad campus underwent three levels of audit for a year and was assessed on environment, olfactory, thermal, acoustics and ergonomic comforts along with occupant satisfaction.
  • HFCL begins productions at Hyderabad unit

    With the start of this new facility at Hyderabad, HFCL together with its subsidiary company HTL Limited, has become the largest manufacturer of FTTH cables in India with a capacity of 6 lakh km per annum.
  • ‘Reforms taken by govt created solid footing for investments to take-off’

    Secretary in the Department for Promotion of Industry and Internal Trade (DPIIT) Guruprasad Mohapatra also said that they are working to further reduce compliance burden for industry.
  • Abjayon partners with India Smart Grid Forum

    The project is being implemented by India Smart Grid Forum (ISGF) along with blockchain technology partner Power Ledger, Australia, and Abjayon Inc who supported the integration of blockchain platform with UPPCL’s billing system.
  • Edtech startups attracted over $2.22 bn funding in 2020

    The report highlighted that Byju's raised the most capital in the last five years at $2.32 billion (latest valuation at $12 billion), followed by Unacademy at $354 million (valuation at $2 billion).
  • Smartphone market up 42% in Oct with shipment of 21 mn units: IDC

    IDC said it expects the smartphone market to see a single-digit decline in final consumer sell out in 2020 on a full year basis.
  • Agri, pharma exports grows during Covid-19: Commerce Secy

    "As far as exports are concerned, some sectors have done wonderfully well. Even during the slowdown, agriculture exports and pharmaceutical exports went up," he said at an event organised by industry body PHDCCI.
  • Tata Motors to buy out partner’s stake in bus joint venture TMML

    The company and Marcopolo S.A. have entered into a share purchase agreement where the company will purchase the balance 49 per cent shareholding in Tata Marcopolo Motors Ltd (TMML) for a cash consideration of Rs 99.96 crore, the company added.
  • Coal India aims at substituting 80-85 mt of imported fuel in FY’21

    The miner has asked power plants in the coastal areas to submit proposals for a gradual increase of its supplies to these units to reduce foreign exchange outgo, the Coal India official said.
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