BITS Connect, a global 'movement' of Birla Institute of Technology and Science alumni and the industry, on Friday announced a Rs 200 crore (Rs 2 billion) initiative to conduct semiconductor R&D in India.
With Indo-US relations in its "spring", the two countries should use their resources for common good, science and technology Minister Kapil Sibal said in New Delhi on Thursday.
With the product patent regime all set to take over the existing process patent system in January 2005 in concurrence with the world trade organisation regulations, experts say the new regime would boost research and development activities in the cou
Telecom R&D outsourcing company Sasken Communication Technologies Ltd will hit the capital market with an initial public offer on August 11 for raising upto Rs 130 crore
Domestic food companies, too, continue to bet on packaged foods.
Taiwanese IT company BenQ Corporation plans to set up a research and development center in Mumbai for designing software programmes for mobile phones.
Nicholas Piramal India is planning to hire 400 scientists in the next five years, and has doubled its R&D budget this year.
Nokia is one of the leading telecom equipment manufacturing companies in India
American venture capital firm Matrix Partners on Tuesday began its operations in Bangalore with an aim to promote 17 of the 27 technology companies it has invested in.
Bajaj Auto Ltd is foraying into commercial four-wheelers segment by launching small trucks in the next three-year period. The company is also planning to set up an assembly line for two-wheelers in Indonesia in a joint venture with a local company.
General Motors, the world's largest carmaker, has said it would set up an R&D centre in Bangalore, the first outside the United States, with an investment of $21 million.
Indian industry snubbed Google Play's decision to cut by half its commission for developers when they make $1 million in annual revenue for in-app purchases, saying the US tech giant may continue its "abrasive & monopolistic abuse" as it owns the Android system. Google Play said Tuesday that beginning July 1 it would slash its 30 per cent billing fee to 15 per cent for developers globally when they make the first $1 million of their annual revenue.
Home appliances maker Faber India, a joint venture of Faber SpA, Italy, and Heatkraft of Pune, has identified India as a priority market for its range of kitchen chimneys, officials said in Chennai on Friday.
Two-wheeler major TVS Motor Company Ltd on Wednesday announced the launch of two new 150 cc bikes before the end of this financial year and more investments into the R&D for development of new products.
"We now realise that the so-called farmer agitation hardly remains a farmers' agitation. It has almost got infiltrated by Leftist and Maoist elements, a flavour of which we saw over the last two days when there were extraneous demands to release people who have been put behind bars for anti-national (and) who have been put behind bars for illegal activities," Goyal, the Minister for Railways, Commerce and Industry and Food and Consumers Affairs, said at FICCI's annual meeting.
Israel-based ECI telecom is mulling opening a subsidiary in India for research and development, to cash in on the talent pool and low cost of operations.
Chinese home appliances company Haier India, which recently forayed into the Indian market, plans to set up a research and development centre near New Delhi with Rs 30-50 lakh
The US-based 3Com Corporation on Tuesday opened its India Research and development Centre, (IDC), in Hyderabad through a strategic partnership with Mars Telecom.
R&D is increasingly becoming an area of focus for Indian pharma companies and most of the big companies are spending about 6%-7% of their revenues on R&D activity.
Automobile dealers' body FADA said the Budget lacked immediate demand boosters for the automobile industry.
IT solutions provider LanceSoft India Pvt Ltd said on Friday that it was planning to invest Rs 12 crore (Rs 120 million) in India and will raise its headcount to over 1000 before December 2005.
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