Utility vehicles major Mahindra and Mahindra is planning to pump in close to $100 million (around Rs 430 crore) in a dedicated facility to integrate its entire research and development efforts under one roof.
The central government will invest Rs 1,700 crore (Rs 17 billion) in setting up world-class automotive testing and R&D infrastructure with foreign collaboration.
Procter & Gamble, USA, has donated Rs 45 lakh (Rs 4.5 million) to the Indian Institute of Science, Bangalore to foster collaboration in the area of modelling for chemical and formulated systems.
This is a one-year distance learning course.
'We have integrated start-up space created in almost all the 14 district headquarters of the state.'
'They have incubation facilities providing entrepreneurs common facilities like shared software, legal support, fab labs, hardware, manufacturing facilities and services like chartered accounting facilities, etc, enabling the start-ups to concentrate on technology R&D and product development.'
US-based voice enabled SMS applications provider Bubble Motion will invest about Rs 25 crore (Rs 250 million) in setting up an R&D centre in India, besides increasing its headcount nine fold this year.
The capital infusion is expected to bolster its presence in the country by funding its key businesses to take on Indian rival Ola.
India has no idiosyncratic innovation ecosystem, distinctively its own. Our VCs will not rush to fund brilliant ideas, says R Gopalakrishnan.
'This is a huge step in promoting the 'Make in India' mission as this bio-fuel would be produced from Tree Borne Oils sourced from tribal areas and farmers.'
Bill Gates, chief architect of Microsoft Corporation, is expected to boost his company's investment plans in the country besides giving a fillip to its R&D activities.
SEL will also be setting up an innovation centre in Denmark, which will focus on concepts beyond design and development-related R&D.
SAS, global leaders in business intelligence solutions, on Friday announced setting up of its largest research and development centre in Pune, as it expects the Indian market to grow by 27 per cent and generate $87.4 billion worth business by 2009.
Ranbaxy Laboratories has decided to separate the two areas of research and development - drug discovery and generics/NDDS/drug development - to achieve increased focus and rigour for success.
Tamil Nadu has cornered around 18.63 per cent of the fresh investments in Q1FY21 and topped the list of state-wise investments. These investments should help create over 67,212 jobs.
In order to give Corporate India the much-needed boost in its quest for growth and competitiveness, Federation of Indian Chambers of Commerce and Industry on Thursday presented the finance minister a 14-point fiscal correction agenda.
Israel's Tadiran Telecom on Wednesday entered into a strategic alliance with BPL Telecom to sell its enterprise products including advanced digital PBX systems in India and said it would set up a joint venture with the Indian company for local manufa
Motorola Inc on Friday said it will increase the headcount of its research and development to take it to a total of 4,000.
"Rafale contract caters for delivery time between 36 months to about 66 months if I am not wrong. So within three years time we will have the first few aircraft delivered to us and within five and a half years we will have two full squadron of aircraft in operation," Raha said at a function in Kolkata.
Moving beyond their relationship with educational institutions only for campus recruitments, companies are now entering into long-term pacts with premier institutions for joint research on new products.
Amneal Pharmaceuticals is set to pip Sun Pharma as the fifth largest generics maker in the US, reports Sohini Das.
Take the rediff business quiz and see how much you know about India's pharmaceutical industry.
US-based IT networking company Ciena Corporation on Monday announced setting up of a research and development centre in India which will employ 300 engineers over the next three years.
Business Objects, a Nasdaq-listed business intelligence software company, would invest $150 million in research and development during 2004, a company official said in Mumbai on Monday.
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
Taiwanese IT company BenQ Corporation plans to set up a research and development center in Mumbai for designing software programmes for mobile phones.
