Hyderabad: Natco Pharma Ltd on Thursday said its board has approved setting up of a subsidiary in Indonesia with an investment of up to USD 3 million (nearly Rs 25 crore) for selling pharmaceutical products in that country. The new subsidiary — PT. NATCO Lotus Farma — will be a joint venture with Natco holding […] More
Chennai: Pointing out that human resources are an essential part of the government health sector, the Service Doctors and Post Graduates Association (SDPGA) has expressed dissatisfaction over the recent announcement of the budget by the Health Department that placed more importance on infrastructure and technical issues. SDPGA’s president P Saminathan said the announcements primarily concentrated […] More
Jaguar Land Rover (JLR) will invest GBP 15 billion (roughly Rs. 1,23,200 crore) over the next five years in electric vehicles (EVs) and promised on Wednesday to deliver a new electric Jaguar in 2025 as the British luxury carmaker plays catch-up with rivals. JLR, which is owned by India’s Tata Motors, said in early 2021 […] More
Apple Chief Executive Officer Tim Cook on Wednesday committed to growth and investment across India in meeting with the country’s prime minister, Narendra Modi, in New Delhi. Cook is on a visit to India this week and inaugurated the iPhone maker’s first retail store in the country on Tuesday in Mumbai. Apple will also open […] More
Apple Inc said on Tuesday it doubled its financial commitment to a fund it had established two years ago to invest in projects that remove carbon from the atmosphere. The iPhone-maker said it will invest up to an additional $200 million (roughly Rs. 16,408,600) in its Restore Fund, which was created in 2021 with an […] More
Apple supplier Foxconn on Wednesday said it plans to ramp up investment outside of China and efforts to attract automakers to its contract manufacturing business, as the company reported weaker demand for consumer electronics. Foxconn, which assembles around 70 percent of iPhones, has been diversifying production away from China, whose strict COVID restrictions disrupted its […] More
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