Several multinational medical device makers are focusing on deepening their presence in India by expanding their local manufacturing footprint and research capabilities, a move that can catapult India into a strategic hub for the medical technology (medtech) industry. Among those increasing their reach in the country are Siemens Healthineers and Philips, signalling a broader shift from India being only a sales destination to becoming a global production and innovation base.
With the world's worst outbreak of COVID-19 severely straining the health system in the country, the government has made sweeping changes in the way departments procure medical supplies, including allowing procurement of the same item at different rates.
'We are looking for ability to work in a global matrix organisation -- the ability to deal with ambiguity, flexibility to work in a changing environment, willingness to learn and be curious.'
He asked to focus on the 'vocal for local' mantra during the 'Azadi ka Amrit Mahotsav' celebrations.
India serves as the company's R&D hub as it morphs into a health tech major.
'Prime Minister Modi has initiated a host of reforms in the right direction, and I would like to see that continuing.'
A polio worker from Bihar has been honoured with a prestigious United Nations Foundation award for her work in protecting children from the disease.
Why Danone, Philips, and to an extent Nestl and P&G remain under stress in India is a subject perhaps worthy of a business school case study, says Shailesh Dobhal.
The health system is trying to ensure that it isn't caught by surprise -- the way it was last time. So, hectic preparations are on.
'Serial testing is much more valuable than a single test which reflects just a point in time.'
The Consumer Electronics Show, which took place in Las Vegas last week, had exciting new products on display.
India Inc is either shutting loss making businesses or is hiving off allied verticals to enhance revenues.
Ajit Mishra, vice president, research, Religare Broking, answers your stockmarket queries.
While Pokemon Go prompted people to get out of their chairs and take a walk, Trakinvest became a potential hiring platform for brokerage firms. Anita Babu on gamification in 2017.
'It is very important for Indian Americans to understand that we need to have as many seats at the table as we can get. I am going to see to it that I am going to get there," Kumar Barve, the longest-serving Indian-American legislator in America, tells Aziz Haniffa/Rediff.com in an exclusive interview.
Deep down, Katragadda is still that boy who makes as well as sells soap
Whether they live away from their families or with them, all CEOs struggle with work-life balance, says Shyamal Majumdar.
Peter said he needed a broom to sweep his cell because, he joked, there are no vacuum cleaners in jail.
Here's the full text of President Ram Nath Kovind's customary address to the joining sitting of Parliament on the first day of the budget session.
Sanjeev Vashishta, chief executive officer at SRL Diagnostics, talks to Deepak Patel about expansion plans and regulations for the sector.
'Let me talk about young Indian startups with their hearts in the right place and how they are proving that innovations that represent 'affordable excellence' -- breaking the myth that 'affordability' and 'excellence' cannot go together -- is indeed possible!' says Dr R A Mashelkar, the eminent scientist, in this fascinating feature.
Moving ahead with their new mantra -- Chalein Saath Saath: Forward Together We Go -- Prime Minister Narendra Modi and United States President Barack Obama on Tuesday vowed to deepen cooperation in every sector for the benefit of global stability and people's livelihoods over the next ten years.
'It is in the interest of both sides that the visit of the US President is seen as being successful. Both sides have invested considerable political capital in it. This rapid exchange of visits and the decisions taken have to be justified, beyond the symbolism, which is no doubt important in itself. This opportunity to impart a fresh momentum to ties should not be missed,' says former foreign secretary Kanwal Sibal.
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