Indian healthcare industry will very soon launch its 1st completely indigenous and affordable rotavirus diarrhoea vaccine that took almost 28 years of hard work. The results of the Phase III clinical trial of the Rotavac vaccine was announced at an international conference that declared efficiency level at 56% in the 1st year of life. The [...]
Gati Ltd, one of leading player in the transportation & logistics market has sold 40% of its stake in Gati Ship to Riba Constructions. The deal was worth INR 80 mn which is expected to be complete by June 2013. The express distribution and supply chain solutions provider has plans to divest further in the [...]
Bengaluru based Biocon has entered into a partnership with Dublin-based Trinity College to support Indian students in genetic research. Biocon will sponsor two annual sponsorships that would give meritorious candidates an opportunity to work in Trinty College laboratories. The sponsorship program has been especially designed to encourage innovation in the field of biotechnology. The sponsorship [...]
Even as its first hotel in India is set to debut in Mumbai in 2017, Dubai based hotel chain Jumeirah Group is planning a new venture in Goa. The hotel group is in discussions with the developer of the Mumbai property to develop another hotel in Goa. The company has been looking to make its [...]
The 1st ever super-specialty mental health facility Addlife Caring Minds has been launched in Kolkata. Some of the services offered include psychotherapy, counseling and treatment along with psych-social rehabilitation and follow-up services. Fast paced lifestyle is steering the demand for such wellness services in the Indian healthcare sector. The hospital is located over a 4,000 [...]
IFC, MCap Fund advisors, TVS Capital, PE Clean Energy group are some of the investors who has invested in various wind power projects in India. Of late investors have shown interest in Indian wind power manufacturing companies. Wind power has become of considerable interest as the price of oil and coal are showing an increasing trend. Availability of coal is also an issue. In last two years 70% of the investments were made in the wind power energy sector.
Source: The Economic Times
