Research and development (R&D) spending by BSE 100 companies has grown steadily, rising from 0.89 per cent of revenue in FY20 to 1.32 per cent in FY24, averaging around 1 per cent over the period in-between, according to data compiled from Bloomberg and company annual reports. Also, these companies more than doubled their R&D spending in absolute terms over these five years: From Rs 25,041 crore to Rs 63,072 crore. While this reflects a prioritisation of innovation, corporate R&D investment remains relatively conservative.
The businessman had been on the run for over a week since the seizure of more than 500 oxygen concentrators from three restaurants owned by him in the national capital.
Uttar Pradesh native Mohammad Urooj was found hanging from a ceiling fan by a police team on Tuesday, station house office (Vigyan Nagar) Satish Chaudhary said.
'The facility works on Apple's iPhone and everything is damaged -- CNC machines, computers and CCTVs worth crores.'
India is struggling with a second wave of the pandemic with more than 3,00,000 daily new coronavirus cases being reported in the past few days, and hospitals are reeling under a shortage of medical oxygen and beds.
The red, green and yellow stickers that emergency and essential service vehicles need to sport as part of an initiative to curb traffic on Mumbai roads.
Rediff Labs analysed the number of people coming to India under medical visa from different countries.
I did not take up research for any award.' 'What is more important is the medicine that I have developed.' 'This helps the patient recover and the family is happy that their relative has survived and they go back to their lives.
A United States court has sentenced an Indian-American couple to prison for coercing their relative to work at their gas station and convenience store for over three years by bringing him to the United States on the pretext of helping enrol him in a school.
In a communication sent to all heads of central government hospitals, the ministry asked them to ensure adequate number of well secured duty rooms with basic amenities for female health professionals and deployment of women health professionals at night be preferably done in more than one in number.
China's state-run Sichuan Airlines has suspended all its cargo flights to India for 15 days, causing major disruption to private traders' efforts to procure the much-needed oxygen concentrators and other medical supplies from the country despite Beijing reiterating its readiness to help India to deal with the latest surge of COVID-19 cases.
Intensifying its efforts, the Indian Navy has deployed nine warships to bring liquid oxygen and other medical supplies from several countries in Persian Gulf and south-east Asia as hospitals across India continued to reel under acute shortage of the life-saving gas following a massive surge in COVID-19 cases.
Seven coaches of a Bengaluru-bound train derailed near Dharmapuri in Tamil Nadu on Friday after boulders fell on it but all the 2,000-odd passengers were safe and nobody was injured in the incident, the Southern Railway said in Bengaluru.
Rescuers at the under-construction tunnel collapse site in Uttarkashi on Tuesday initiated the process of inserting large-diameter mild steel pipes through the rubble using an auger machine to rescue the 40 workers trapped for two days now, officials said.
Scientists have applied their technical know-how and expertise in textile, coating and nanotechnology to develop the PPE having specific type of fabric with coating.
Three different invitations were sent out for the wedding and the receptions with top-run guests being sent a large red box that contained an intricate chest incorporating a mini silver temple featuring gold idols of various Hindu deities, including Lord Ganesh, Radha-Krishna, and Goddess Durga.
In light of the surge in COVID-19 in some countries, hospitals across India conducted a Mock drill COVID-19.
The Maharashtra government on Friday told the Bombay high court that the state-run hospitals in Nanded and Chhatrapati Sambhajinagar which recently saw a spurt in patient deaths faced a heavy inflow of extremely critical patients from private hospitals.
Serbian tennis star Djokovic and wife Jelena Djokovic had announced that they will donate a million euros to help the people of Serbia combat the coronavirus. Nadal has expressed gratitude to Djokovic for contributing to his fund to aid the fight against the coronavirus.
A video of Tamil Nadu students holed up in some kind of a facility showed a number of youth cramped with their belongings, making the appeal to the government to ensure their safety and take all steps for their early return home.
The Centre is considering a proposal on increasing coverage under the Ayushman Bharat scheme to Rs 10 lakh from the current Rs 5 lakh.
India's growth and success is guaranteed, he said propagating his idea of making the country self-reliant by cutting imports.
Raisi's condition currently remains unknown, Iranian state news agency IRNA has reported, after the helicopter he was traveling in crashed in the country's East Azerbaijan Province.
In addition, 22,533 'Make in India' ventilators have been delivered to various states, Union territories and central institutions, the ministry said, adding that the Centre is also ensuring the installation and commissioning of the machines.
The health ministry's decision to deny 82 medical colleges renewal permission may deliver a death blow for medical education in India, warns Dr Arun Jamkar, former vice chancellor, Maharashtra University of Health Sciences.
Consider a combination of a base policy and a super top-up policy.
The Union health ministry on Tuesday said that aid received from other countries has been distributed in different states to help deal with the rising number of COVID-19 cases.
The government decision to permit 100 per cent foreign direct investment in medical devices will take effect from January 21, the Commerce and Industry Ministry said on Tuesday.
There are altogether 80 teams of doctors and trained medical personnel with three teams in each hospitals.
The move is aimed at dealing with any possible emergency situation on account of a spurt in coronavirus cases.
The helicopter was on its way to Chandigarh from Hindon on a COVID-19 mission to bring test samples from Leh. It developed a technical snag and carried out a safe landing on the Outer Ring Road highway near Hindon.
The West Bengal government on Friday ordered the shutdown of all shopping malls, salons, restaurants, bars, sports complexes, gyms, spas and swimming pools in the state with immediate effect until further orders, amid the surge in Covid-19 cases.
Calling for public cooperation to the government's efforts to stem the spread of the virus, Stalin urged people to follow due protocol like social distancing and wearing of masks.
Reinvent and innovate will be the key mantra for the Indian pharma industry in the New Year as the 'pharmacy of the world' looks to move from volume to value leadership, amid emerging challenges of inflation and pricing pressures in the global markets. While R&D investment, market competitiveness, regulatory scrutiny, and domestic price regulations are expected to shape the growth of generics and injectable products, concerns such as price control and customs duties on medical equipment will continue to bother the healthcare industry in 2023. The industry believes that in view of India's G20 Presidency, digital health innovation, achieving universal health coverage, improving healthcare infrastructure and delivery will continue to be the key driving factors in 2023.
A field hospital set up by the Indian Army in Hatay province of quake-ravaged Turkiye has become operational with surgical and emergency wards to provide succour to the affected people, days after a 7.8-magnitude earthquake and several powerful aftershocks hit that country.
Finance Minister Nirmala Sitharaman on Saturday announced increasing customs duty on imported footwear and furniture. In her second Budget presentation, the finance minister also imposed health cess on import of medical equipment.
President Mohamed Muizzu on Wednesday said by bolstering the defence capabilities of the Maldives, the country will soon reach a point where there is no 'foreign' military presence, weeks after he sought the withdrawal of Indian defence personnel from the archipelago nation.
Party sources said its central leadership found Tiwari's remarks 'highly irresponsible', and its national president J P Nadda 'pulled up' the state brass for not taking quick action.
US chipmaker Advanced Micro Devices (AM) on Friday announced a $400 million investment in India over the next five years and said it will build its largest design centre in Bengaluru. AMD chief technology officer Mark Papermaster made the announcement at the annual semiconductor conference in the presence of Prime Minister Narendra Modi. Undeterred by Taiwan's Foxconn pulling out of his group's $20 billion semiconductor-making venture, mining baron Anil Agarwal said the first phase of Vedanta's chip-making project will be ready in two-and-a-half years.
Afghani President Ashraf Ghani took to Twitter to express his gratitude towards the government of India and the people of India for providing Afghanistan with hydroxychloroquine tablets, paracetamol tablets, and wheat.
