This is the first of a multi-part series on cryptocurrency, examining the dream and promise behind cryptocurrency, the evolution of the technology, the challenges faced by it on the way, and finally, its future. You can read the second part here. Cryptocurrency: The Dream In 2008, in the midst of the global financial crisis, a […]
Maruti Suzuki has enjoyed an enviable position in the Indian automobile market for decades. The company has dominated car sales in India since the 1980s, capturing over 40% market share consistently. However, recent developments have raised concerns that Maruti Suzuki may be headed down the same path as Nokia and Kodak – complacent incumbents who […]
Infosys, a prominent supplier of IT services and products to enterprises, said it will explore the use of Amazon’s Cobalt ‘quantum computing’ platform to build quantum computing applications for clients. Quantum computing refers to the use of non-binary technologies to carry out computations. Traditional computers carry out all computations by reducing all data into a […]
Zydus Cadila has finally said it got Emergency Use Authorization (EUA) from Indian authorities to administer ZyCoV-D — the world’s first DNA-based COVID-19 vaccine — for both adults and teenagers. This is the first time any COVID-19 vaccine has been approved for those below 18 years of age in India. The approval has been given […]
Telecom equipment and services provider HFCL Ltd said it plans to offer 5G equipment and turnkey services, marking a move up from its roots as a telecom contractor. The company, which has in recent years successfully diversified into manufacturing — particularly of fiber optic cables and terminal devices — said its new 5G network services […]
Uflex, one of the world’s largest food packaging manufacturers, said it has developed an ‘active’ packaging material that can double the unrefrigerated shelf life of food items such as sandwiches. “The special properties of the FDA approved packaging material keep the pouch active by scavenging microbial growth thereby enhancing the shelf life of the Cooked […]
Pharma major Sun Pharma said it tied up with research organization International Centre for Genetic Engineering and Biotechnology to develop vaccines for dengue. The vaccine is targeted against all the four serotypes of Dengue virus that cause disease in humans and is being developed to commercialize in Indian and international markets. A serotype is a […]
Power generator ABB said it developed, manufactured and energized a 1.2 mln volts ultra high voltage power transformer to support India’s plans to build a 1,200 kV transmission system. The new grid will supplement the existing 400 kV and 800 kV networks as demand for electricity increases. “The 1.2 million volt transformer represents the highest […]
Air conditioning and Refrigeration manufacturer Blue Star Limited entered the residential water purifier business with a range of 13 models. Out of the 13 models, 11 of them offer both RO and UV protection. The models are priced between Rs 14,900 and Rs 44,900. The offering comprises four series called the Stella, Prisma, Edge and […]
Arrow Greentech, a Mumbai based packaging solution provider, said it has received a patent from United States Patent and Trademark Office for self-destructive packaging film which is also water soluble. The water-soluble packaging film will also be embedded with various security elements which will get destroyed irreversibly upon final usage. The whole package along with […]
Drug manufacturer Suven Life Sciences Ltd said it got two product patents in India and Japan for to a new compound for the treatment of disorders associated with Neurodegenerative diseases. The patents are valid through 2026-2032. The granted claims include a class of selective 5-HT6 compounds and H3 inverse agonist compounds and are being developed as […]
Ricoh India Ltd., an Imaging Solutions & IT Services company, launched an Android-based printers in India with support for apps, video and audio. The first such device will be the MP C306ZSP, which will come with a 10.1-inch panel. All future models will come with smart Android panels, the company said. Additionally, the existing device […]
Lincoln Pharmaceuticals Ltd said it developed and launched an oral spray version of Ondansetron anti-nausea drug. Ondansetron is used to prevent nausea and vomiting caused by cancer drug treatment (chemotherapy), radiation therapy and also in the prevention and treatment for nausea and vomiting after surgery. The medication is also more helpful during motion sickness. Presently […]
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 […]
Drug manufacturer Suven Life Sciences Ltd said it got three product patents from Canada, Europe & Hong Kong corresponding to new chemical entity for the treatment of disorders associated with Neurodegenerative diseases. The patents are valid through 2030-2032. According to the U.S. Food and Drug Administration, a new chemical entity (NCE) is a drug that […]
Glenmark Pharmaceuticals said its overseas subsidiary has discovered a molecule that can potentially be used in targeting even difficult-to-treat lung cancer and colorectal cancer. The GBR 1372 molecule was discovered in the pharma company’s Swiss laboratory and that the company plans to file an application with the US Food and Drug Administration to approve the […]
TomTom, a company from Netherlands into manufacturing of navigation devices, inaugurated its first global innovation hub in India at Pune. The innovation hub will enable employees to upgrade their skills, innovate, raise ideas and think like entrepreneurs thereby helping to develop a deeper culture of innovation in the company with a free-flow of information and […]
IT services provider Tata Consultancy Services(TCS) said it developed a solution to reduce the manufacturing cost and time of gas turbines in collaboration with General Electricals (GE). The digital solution along with GE’s operating system will analyze temperatures at various points on the metal turbine parts when they are assembled and cooled thereby allowing the […]
A Mumbai based company, Fiberweb India, has claimed to have setup facility to modify water repellant properties of polypropylene fabric and transform it into a water absorbing (hydrophilic) substance. Polypropylene, like most petroleum-based synthetic fibers, repels water. This property, while useful in some cases, also makes it unsuitable in other use-cases, such as in making sanitary napkins, […]
Facebook, the world’s biggest social network, is prompting its users to send a submission to the Telecom Regulatory Authority of India to save its ‘Free Basics’ program, urging them to fight the “small, vocal group” of net neutrality activists. “A small, vocal group of critics are lobbying to have Free Basics banned on the basis […]
