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.
The 'Make in India' vision cannot survive in the long-term without concrete measures to build a concurrent 'Create in India' movement.
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.
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 company, which sells every second car in the domestic market, said it expected production and sales to grow between 4 per cent and 8 per cent for the financial year started in April.
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
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.
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.
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.
At least two of them - Lava and Micromax - are arming themselves against the Chinese rivals which made them insignificant in the local market over the past few years.
Govt may not announce any new concessions in excise duty
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.
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.
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.
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.
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.
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