Hyperfine Inc., a health technology company based in Guilford, CT, has secured regulatory approval from India’s Central Drugs Standard Control Organization (CDSCO) for its Swoop system (depicted below). This authorization allows for the commercialization of the portable, ultra-low-field, AI-powered, magnetic resonance brain imaging system capable of providing imaging at multiple...
WPP Expands India Footprint with New Chennai Campus
Headquartered in London, WPP plc is one of the world's largest advertising and public relations holding companies. Founded in 1985 by Sir Martin Sorrell, WPP has grown through numerous acquisitions to become a dominant force in the global marketing communications industry. WPP works with many of the world's leading brands...
Air India to Launch Nonstop Flights to Los Angeles, Seattle, Dallas
Air India is the only Indian airline currently operating flights to the United States, with services to Washington, New York, Newark, San Francisco, and Chicago. As part of its consolidation efforts, including a proposed merger with Vistara, Air India is looking to expand its U.S. operations by launching direct flights...
India Intrauterine Contraceptive Devices Market Grows
Technavio, a UK research company, released an analytic report on the intrauterine contraceptive devices (IUD) industry through 2027 The report says that the market size for IUD has been forecast to grow by $965 million for this period, with a CAGR of 3.98%. The growth of the market depends on several...
Venture Capital Inflows Rise 40% in India
Vaibhav Agrawal, partner at the India subsidiary of CA-based Lightspeed Venture Partners, outlines three reasons why so much venture capital is flowing into Indian companies A noticeable improvement in India’s infrastructure has enabled startups to create more value and scale up their businesses quicker. The pandemic shifted a lot of...
ONGC raises US$ 300 million under ECB route
The Oil and Natural Gas Corporation (ONGC) has raised $300 million under the External Commercial Borrowing route for meeting its capital expenditure needs. "The bonds will bear a coupon of 3.375 per cent and will mature in 2029. This is the tightest coupon for 10 year or longer tenor offering...