GE Healthcare has funded a three year $150,000 project to develop affordable medical technologies in the areas of cardiovascular care, oncology and maternal and child healthcare. The project will identify, assess and evaluate appropriate technology solutions and then, create equipment accordingly. Professor Mohanasankar Sivaprakasam, Head, Healthcare Technology Innovation Centre (HTIC),...
Covidien creates India training center
Further developing its capabilities in India, Covidien PLC has opened a training and education center in India. Quoted in MarketNews Brian D. King, President Emerging Markets said “The Covidien Center of Innovation India in Mumbai offers clinicians training on advanced procedures and techniques using leading equipment and technology. The top...
Suitmaker Canali Puts India in Top 10 now
The CEO of high-end Italian suitmaker Canali says that India is among its top ten markets globally. So far in 2013, the luxury clothing maker has seen 14% growth in sales over last year. The company is e opening a store in Kolkata and "As soon as some new locations...
National Instruments funds Medical Device Development
High-end medical care remains unaffordable to most Indians. A joint initiative of IIT Madras and the Government of India's Department of Biotechnology, the Healthcare Technology Innovation Center hopes to develop indigenous medical technology that is affordable and accessible. HTIC signed a memorandum of understanding with National Instruments, a U.S. company...
Groupon to open R&D center in Chennai, India
Chicago based commerce marketplace company Groupon, Inc. announced plans to open a research and development center in Chennai, India, which will make it the fifth R&D globally developing e-commerce and m-commerce applications for Groupon’s Asia-Pacific markets. The center is to concentrate on formulating customer service tools, supply chain management tools,...
Bangalore and Mumbai are most the Expensive cities for Average Indian Consumers
Analysis of the most recent Consumer Price Index data released by Reserve Bank of India shows that Bangalore has the highest average cost of living in India, followed by Mumbai, then Chennai, Kolkata, and Delhi. This is a chart from The Times of India, which indicates the CPI scores of...