India’s biotechnology industry has been steadily expanding in the last five decades with several segments. The COVID-19 pandemic and changes due to R&D investment has allowed the biotech industry to build upon its traditional strengths in vaccine manufacturing, agriculture science, and clinical research as well create urgent capacity for industrialContinue Reading
We’re living in the era of a digital revolution that is touching all aspects of our interactions. Money handling including payments are more secure, convenient, contactless, and invisible. From tapping a card, scanning a QR code, to using a smartwatch to pay, there’s an increasing consumer preference for digital payments. Continue Reading
In line with the Skill India vision, Microsoft today launched the Future Ready Talent program, bringing together a strategic group of partners to empower India’s youth with technology skills for employability. A collaborative internship program for students in their second year of college and upwards, the initiative aims to impact over 1.5 lakh higherContinue Reading
Tata Steel commissioned a 5 tonnes per day (TPD) carbon capture plant at its Jamshedpur Works, making it the country’s first steel company to adopt such a carbon capture technology that extracts CO2 directly from the Blast Furnace gas. Tata Steel will reuse the captured CO2 on site to promoteContinue Reading
One97 Communications Ltd., set to launch what may become India’s biggest-ever initial public offering, may invest more in its lending and wealth management operations to counter the thin margins in its main business of online payments, analysts say. The debut is widely anticipated as One97 operates Paytm, India’s biggest onlineContinue Reading
India could be on the cusp of unlocking a $1 trillion opportunity for Software-as-a-Service (SaaS) companies, creating nearly half a million new jobs by 2030, according to a report titled ‘Shaping India’s SaaS Landscape’ by SaaSBOOMi, Asia’s largest community of SaaS founders and product builders, in association with McKinsey. InContinue Reading
NEW DELHI — India’s push to achieve industrial self-reliance has resulted in the government approving $51.71 billion worth of new defense projects and twice implementing arms embargoes. The new defense projects falls under the country’s Make in India economic scheme, according to the Ministry of Defence, which has also passedContinue Reading
NEW DELHI — All eyes have turned to India’s renewable energy sector, where billionaire Mukesh Ambani has laid out ambitious multibillion dollar investment plans, at a time when fellow tycoon Gautam Adani is already going strong. In a mega push into clean energy, Ambani’s Reliance Industries, an oil-to-telecom conglomerate, recentlyContinue Reading
(Eds: Disclaimer: The following press release comes to you under an arrangement with Newsvoir. PTI takes no editorial responsibility for the same.)A Global Summit to build a dialogue for India’s transition to clean energy New Delhi, Delhi, India (NewsVoir) ‘International Climate Summit 2021’ (ICS 2021), an initiative by the EnvironmentContinue Reading
India’s national mission for electric mobility and faster adoption and manufacturing of electric vehicles (EVs) seems to have received its much-needed shot in the arm. Thanks to a few key amendments introduced by the Department of Heavy Industry (DHI) in June 2021 to the FAME-II Scheme, the EV momentum sawContinue Reading
