GE launches innovative technology in Indian medical device market

Posted by sushmita sengupta On May - 22 - 2013

GE Healthcare has very recently launched its 1st healthcare technology experiential lounge on wheels under its Mission Healthier India in Coimbatore. The entire set up has been built at a cost of INR 4 mn that comprises of equipment such as ECG, scan, critical tools and infant care technologies. The mission was focused at upliftment [...]

Indian healthcare market gets its 1st ever indigenous rotavirus vaccine

Posted by sushmita sengupta On May - 15 - 2013

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 [...]

Transportation & logistics market to see more divestment by Gati

Posted by Ankita Palit On May - 14 - 2013

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 [...]

Biocon and Trinity collaborate to encourage genetic research

Posted by sushmita sengupta On May - 14 - 2013

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 [...]

Dubai based Jumeirah Group planning hotel in Goa

Posted by George Mathew On May - 13 - 2013

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 [...]

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Tata International Ltd. acquires 76% stake in Bachi Shoes

Posted by Rahul Gupta On January - 25 - 2011

@VC Circle: Tata International Limited (TIL) has acquired a 76% stake in footwear manufacturing firms Bachi Shoes India Private Ltd (BSIPL) and Euro Shoe Components Private Ltd (ESCPL). The value of the deal is undisclosed.

This acquisition will help TIL to increase its presence in the manufacture and export of footwear and will make it India’s largest exporters of footwear. Moreover, TIL will now have presence in all key footwear segments namely, men’s, women’s and children’s footwear ranges.

TIL was established in 1962 and is the international business gateway of the Tata Group. Finished leather and footwear is a core part of TIL’s portfolio of businesses. It has a significant presence in men’s and women’s footwear segments and exports to various geographies including Europe and the USA.

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