Storage software solutions company EMC Corp on Tuesday announced an investment of $100 million over the next five years in areas such as research and development, human resources, market education and partnerships.
The policy aims to create around 5,000 startups, including 10 global high-growth startups, and to create a minimum of 100,000 high skilled job creation, direct and indirect, in the startup ecosystem by 2023.
Most of the hirings are, however, in the entry or junior level.
Eyeing a share in the growing value-added services market in India's telecom sector, US-based communications company Telenity will set up an R&D centre in New Delhi with an initial investment of Rs 30 crore (Rs 300 million).\n\n
The 'Make in India' vision cannot survive in the long-term without concrete measures to build a concurrent 'Create in India' movement.
In yet another recognition of India's manufacturing expertise, Hyundai Motor India has decided to export engine and transmission to global manufacturing units of its Korean parent company and subsidiary Kia Motors from next year.\n\n\n\n
The move, however, is unlikely to prompt its rivals in India - Chinese manufacturers like Oppo, Vivo, and Xiaomi - to do the same.
Mumbai-based software company Paradyne Infotech Ltd is planning to enter the capital market by mid-March with an initial public offering of 3.3 million shares of Rs 10 each at premium of Rs 32.
Bajaj Auto Ltd would spend Rs 150 crore for new products and capacity expansion, enabling it to surpass the 10-12% two-wheeler industry sales growth expected this year and set up an assembly plant in Indonesia, a top company official said.
Yahoo Software Development India Pvt Ltd on Friday announced the appointment of Venkat Panchapakesan as its CEO and Bharat Vijay as COO at its R&D centre in Bangalore.\n\n\n\n
NRI steel baron Lakshmi Niwas Mittal's LNM Foundation announced on Wednesday the launch of Rs 36 crore (Rs 360 million) IT institute near Jaipur in association with the Rajasthan government.
Landing on an aircraft carrier deck is the ultimate and most daunting challenge for a fighter pilot. This takes India into a select group of nations -- the US, the UK, Russia, France, and China -- that have developed such jets.
Chief Controller (R&D) Dr W Selvamurthy told reporters in Bangalore that about 10 people from the US have been joining DRDO each year and the trend is growing.
Close on the heels of Nokia announcing its plans to set up a plant in India, Hyundai India Telecom Ltd on Friday said it will set up a manufacturing unit and R&D hub in India.
Samsung will invest another $5 million in its software research and development centre at Noida this year to develop products like digital TV and plasma display panels for global consumption.
Export Import Bank of India on Friday mooted an "integrated effort" from government, industry and R&D units to boost exports of Indian herbal products, which lagged behind the growing global market, now at $62 billion.
Following its tie-up with Ranbaxy, pharma major GlaxoSmithKline said on Friday it was open to partnership with other Indian companies in the field of drug discovery and development, but it must be allowed to import molecules for research.
India needs to unleash technological and social innovations that can usher in a new developmental model the world has not seen before, TCS Vice-Chairman S Ramadorai said.
So far the coronavirus, which originated in the Chinese city of Wuhan, has infected more than 54 million people around the world and killed over 1.3 million others.
Indian Oil Corporation would begin this month field trials of running buses on biodiesel -- diesel doped with 5 per cent non-edible oils -- IOC Director (R&D) N R Raje said on Wednesday.
Stepping up its research and development investments, leading truck and bus maker Ashok Leyland plans to double the headcount in the division to over 500 people in the next 12-18 months.
Govt may not announce any new concessions in excise duty
Bruce Chizen, the chief executive of publishing software maker Adobe Software, is visiting India from Tuesday to take stock of the company's operations here and to interact with customers.
Korean major Samsung Electronics plans to invest $5 million in its research and development facility in India and more than double manpower to 300 next year.
South Korea's Samsung Electronics is mulling setting up a Notebook PC manufacturing facility in India and plans to make further investment in expanding its research and development (R&D) facility.
The military is 'totally prepared to stand up to the demands made by the government and the people.'
The Yamaha R3 is not a completely track focused machine, like the R15. Seating of the bike is much comfortable and you can use it for your routine commuting as well and that is why it has been tagged as a daily superbike.
In a bid to transform the Media Lab Asia project into a research hub, the government on Thursday announced an annual budgetary support of Rs 65 crore (Rs 650 million) per year to the research and development entity.
Sun Pharmaceutical Industries will take a call on whether to shut Ranbaxy's troubled factories or make changes in the top management of the latter only after its $4-billion acquisition deal is complete.
Telecom R&D outsourcing company Sasken Communication Technologies' initial public offer to raise Rs 115-130 crore (Rs 1.15 to 1.3 billion) opens for subscription on Thursday.
IIT Kharagpur gets more than 1,000 job offers in a record five days, with 144 companies visiting the campus till Dec 5
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