Syngene International Ltd., Asia’s largest contract research organization, said it has purchased assets of Strand Life Sciences related to systems biology, Heptox and Pharma Bioinformatics services. Financial details of the deal were not disclosed. The acquisition includes target dossier business and rights to NGS data analytics and Sarchitect platforms, supported by a strong scientific team. […]
Palred Online Technology said its wholesale ecommerce platform under the LatestOne.com platform has got off to a successful start. The platform — which aims to supply equipment sourced from China and other countries directly to shops, distributors and retailers — is processing 4,000 orders per day, the company said. The wholesale operation was started about a […]
The Union Cabinet has given approval for provision of a direct communication link through a dedicated submarine optical fibre cable between mainland India and Port Blair & five other islands in Andaman & Nicobar Islands. The estimated cost of the fiber, which will originate in Chennai, is Rs. 1102.38 crore including operational expenses for 5 […]
Vodafone India, one of India’s largest telecommunications service providers, said it got a contract from the Govt. of Uttarakhand to keep ASHA workers in the state connected. Through this partnership, Vodafone’s network will keep Uttarakhand’s ASHA workers connected to the hilly regions and rural hinterlands, helping them being accessible to address any query and timely […]
Heritage foods Ltd, one of the largest private sector dairy enterprises in Southern India, said it has finished the commissioning of the 2nd wind power plant at Vajrakarur of Ananthapur District in Andhra Pradesh. The wind power plant has a 2.1 MW capacity and is expected to generate 5 million units per year. At Rs […]
V- Guard Industries Ltd, which focuses largely on motors and electric parts, amended its company documents to enter the home and kitchen appliances market along with the existing product categories. The company was founded in 1977 by Kochouseph Chittilappilly as a small voltage stabilizer manufacturing unit. It later expanded to other rotating instruments such pumps, fans […]
Mahindra & Mahindra Ltd is likely to maintain its market position in its core SUV and tractor markets despite the entry of new competitors, ratings company Crisil said. “Cost-efficient operations, development skills, broad product portfolio, and increased production capacity will enable the company to maintain its leading market position in the tractor, UV, and LCV […]
NIIT, an Indian multinational company in skills and talent development, launched its flagship training centre at Tongren Polytechnic College in China to develop next generation IT professionals in the field of big-data and analytics. Earlier in April 2016, NIIT entered into a strategic agreement with Guizhou province to help the provincial government build global quality […]
Uflex, India´s largest FMCG packing company, said it developed a melanin free version of acrylic coated BOPET film used in food packaging and other industries. The company has developed clear transparent film that can be used in conversion, printing, hot fill, retort, pasteurisation and sterilisation among other applications, the Indian packaging solutions provider said. BOPET […]
HDFC ERGO General Insurance Company launched a web enabled HDFC ERGO Community portal for the consumers and the stakeholders of general insurance sector. The website has been modeled after tech forums, and is supposed to “serve as a channel for its users to research, get advice, discuss and share their experiences and knowledge on non-life […]
NBCC (India) Ltd, said it got a contract worth Rs 440 crore for the construction of hospitals in Haridwar, Dehradun and Indore from Employee’s State Insurance Corporation, Ministry of Labour & Employment. As per the contract, the NBCC should build 100 bedded hospitals at Haridwar & Dehradun and 300 bedded hospitals in Indore, Madhya Pradesh. […]
Mangalore Refinery and Petrochemicals Limited, an oil refinery and subsidiary of ONGC, denied allegations that it has not been paying due excise duty. Media reports carried allegations that the company was not paying due excise duty on its production of Mixed Xylene, a raw material used in a variety of manufacturing industries, quoting tax officials. […]
Wipro Limited, an India-based information technology, consulting and business process services company, said it had joined Oracle’s Cloud Managed Service Provider (MSP) Program. Wipro’s Boundary Less Data Center offering has been integrated with Oracle’s twin cloud offerings — Infrastructure as a Service and Platform as a Service. ‘Cloud’ refers to the practice of leveraging the […]
Wonderla amusement park had set up a solar plant with an installed capacity of 500kW at it´s newly opened unit in Hyderabad. The installed solar plant will generate 2000 units of power daily and it is expected cater to 25 percent of Wonderla’s daily power requirement. The capacity can be enhanced to 1000kW. By this […]
Adani Ports and Special Economic Zone said it will acquire the company operating the Abbot Point Coal Terminal in Queensland for 19.25 mln Australian dollar (Rs 97 cr). Abbot Point has currently one operating terminal named Adani Abbot Point Terminal having firm take or pay contract for 50 mmtpa cargo. The terminal was acquired by […]
SpiceJet, India´s low-cost carrier will start its direct flight on Delhi – Jodhpur – Delhi sector from 30th October 2016 under its winter schedule. With introduction of this flight Jodhpur will be connected with Bengaluru, Hyderabad, Chennai, Mumbai and Kolkata. The airways is already operating daily flights to Jaipur and Udaipur. Jodhpur is a popular […]
Centre for Science and Environment (CSE) has launched an online interactive tool to help people know about their food and dietary habits. “What we eat affects our health. But most of us do not know what we eat and how it affects our health. ´KNOW YOUR DIET´ is a first of its kind initiative to help […]
Builder Kolte-Patil Developers Ltd said it had generated an internal return rate of 36% on its Margosa Heights project in Pune, which it co-developed with US-based Portman Holdings. “This project sets a unique example of an Indian & an International developer/Investor working in partnership on various aspects of the project to deliver a good product […]
Nikon India made two additions to its KeyMission action and wearable cameras in India — KeyMission 170 and 80. The KeyMission action cameras come with built-in advanced optical and image-processing technologies. The KeyMission 170, which is shockproof and waterproof, captures dynamic 170° wide-angle 4K UHD videos and vivid images, the company said. “With intuitive interfaces and […]
LAVA International Limited, an Indian multi-national company in the mobile handset industry, launched its new product LAVA X28 with 5.5” HD screen, priced at Rs 7,349. LAVA X28 specifications includes 4G VoLTE connectivity and latest Android 6.0 Marshmallow operating system. VoLTE is required for voice calling on Reliance Jio’s new LTE network. The phone is […]
