Domestic food companies, too, continue to bet on packaged foods.
Nicholas Piramal India is planning to hire 400 scientists in the next five years, and has doubled its R&D budget this year.
The new model, which is based on the company's fifth generation HEARTECT platform, comes with a BS-VI compliant one-litre petrol engine with a claimed fuel efficiency of 21.7 km per litre.
Will the low cost Israeli Athos gun scuttle India's ATAGS gun?
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.
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.
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.
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.
Nokia is one of the leading telecom equipment manufacturing companies in India
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.
If British industry succeeds in saving lives during the coronavirus pandemic it will be due in part to the pioneering role played by Formula One racing teams in the country. Seven of the 10 Formula One teams have joined forces with leading aerospace and engineering companies to ramp up production of ventilators while Mercedes has also worked with medics and academics to produce an alternative breathing aid.
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.
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.
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 usually busy Greater Noida expressway is empty except small groups of commuters that gather at its sidelines, seeking lift from every passing vehicle.
The Oxford/AstraZeneca vaccine is also being produced as part of a tie-up by the Serum Institute of India.
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
Finance Minister Nirmala Sitharaman on Tuesday unveiled a Rs 39.45 lakh crore Budget with a view to fire up the key engines of the economy to sustain a world-beating recovery from the pandemic. This was Sitharaman's fourth Budget. While the taxpayers were left in the lurch, once again, was she able to cheer Corporate India?
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
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.
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.
