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Category: Business

Pfizer, Mylan to Merge their Generic Drug Units
Business 

Pfizer, Mylan to Merge their Generic Drug Units

On July 31, 2019 by Gitanjali Khattar

According to inside sources, Pfizer Inc. and Mylan NV are planning to merge their off-patent businesses to create a generic drug giant. Pfizer holds the credit for blockbuster drugs, such as Viagra and Lipitor. The deal, if it goes through, can be…

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After Kona, Hyundai Motors India To Invest in Mass-Market EVs
Business 

After Kona, Hyundai Motors India To Invest in Mass-Market EVs

On July 30, 2019 by Aruna Bhayana

Hyundai Motor India Ltd. (HMIL), following the tremendous response for its electric sport utility vehicle (SUV) Kona, is planning to come up with an electric vehicle (EV) for the mass market. S.S. Kim, Managing Director and CEO of HMIL, said, “In the…

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Reliance Jio Becomes India’s 2nd-Largest Telecom Operator; Leaves Bharti Airtel Behind
Business 

Reliance Jio Becomes India’s 2nd-Largest Telecom Operator; Leaves Bharti Airtel Behind

On July 22, 2019 by Kartik Pandey

Reliance Industries Ltd.’s telecom unit, Jio, has become India’s second-largest operator by dethroning rival, Bharti Airtel. It became the second most popular network by number of subscribers as of May 2019, as revealed by government data. Jio, since it was launched in…

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Foosung Co Gets Big Orders for Hydrogen Fluoride from South Korean Electronics Giants
Business 

Foosung Co Gets Big Orders for Hydrogen Fluoride from South Korean Electronics Giants

On July 18, 2019 by Aruna Bhayana

South Korean chemical manufacturer, Foosung Co has been asked by SK Hynix and Samsung Electronics to increase its supply of hydrogen fluoride. This move comes after Japan threatened to impose stronger curbs on the export of the chemical to South Korea, where…

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Kalyani JV Bags Missile Kits Order Worth $100 Million
Business 

Kalyani JV Bags Missile Kits Order Worth $100 Million

On July 13, 2019 by Gitanjali Khattar

A $100 million contract for 1,000 Barak-8 MRSAM missile kits has been won by Kalyani Rafael Advanced Systems (KRAS), a joint venture between India’s Kalyani Group and Israel’s Rafael Advanced Systems. The kits will be manufactured at a production facility near Hyderabad…

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Beauty a $532 Billion Industry; Further Growth Predicted
Business 

Beauty a $532 Billion Industry; Further Growth Predicted

On July 11, 2019 by Kartik Pandey

According to Edited, a retail analytics firm, the worldwide beauty industry currently values $532 billion and is predicted to keep growing in the near future. The rising popularity of social media platforms is being considered one of the biggest influencers in the…

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DTEK Oil & Gas to Pump $37 Million into Zinkivska Block
Business 

DTEK Oil & Gas to Pump $37 Million into Zinkivska Block

On July 10, 2019 by Kartik Pandey

London: DTEK Oil & Gas has won a competition to develop Zinkivska Block as part of Ukraine’s largest Product Sharing Agreement (PSA) in history. As part of the agreement, $37 million will be invested by the company to start exploration and production…

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Tata Sells Docomo to Bharti Airtel for $7.3 Billion
Business 

Tata Sells Docomo to Bharti Airtel for $7.3 Billion

On July 10, 2019 by Kartik Pandey

Tata Group has completed the sale of its Docomo firm under its Tata Teleservices division to Bharti Airtel for $7.3 billion (₹50,000 crore). Under the deal finalised in October 2017, India’s premier conglomerate decided to do away with its non-performing telecommunications business….

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Diageo Demands Policy Reforms in States for Spirits Sector from Centre
Business 

Diageo Demands Policy Reforms in States for Spirits Sector from Centre

On July 4, 2019 by Kartik Pandey

Diageo India on Tuesday asked the Center to encourage ‘ease of doing business’ that promotes states to introduce reforms for the alcoholic beverage market. Emphasizing on the need for a ‘stable and simplified policy regime’, the spirit manufacturer also stated there is…

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Cover Battery Swapping in Incentives Under FAME-II Policy: FCCI
Business 

Cover Battery Swapping in Incentives Under FAME-II Policy: FCCI

On July 3, 2019 by Aruna Bhayana

The Federation of Indian Chambers of Commerce and Industry (FICCI) requested the inclusion of the battery swapping model of charging for incentives under Faster Adoption and Manufacturing of (Hybrid &) Electric Vehicles (FAME-II) scheme to aid the adoption of electric mobility in…

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1 2 … 28 Next

Business

  • Pfizer, Mylan to Merge their Generic Drug Units
  • After Kona, Hyundai Motors India To Invest in Mass-Market EVs
  • Reliance Jio Becomes India’s 2nd-Largest Telecom Operator; Leaves Bharti Airtel Behind
  • Foosung Co Gets Big Orders for Hydrogen Fluoride from South Korean Electronics Giants
  • Kalyani JV Bags Missile Kits Order Worth $100 Million

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