Scientists at the Bhabha Atomic Research Center have developed a credit card-sized Tele-ECG machine that can transmit an ECG over any smartphone to any part of the world. This 12-channel ECG machine works on an Android-platform, can be recharged via a mobile charger, and is priced at $61. It is likely...
India Creates Medical Caesium-137 from Nuclear Waste
India's scientists at the Bhabha Atomic Research Center in Trombay, near Mumbai in the western state of Maharashtra, recover caesium-137 from radioactive waste to protect babies and vulnerable patients from adverse reactions to blood transfusions. A rare and usually fatal complication from blood transfusion is Transfusion-Associated Graft Versus Host Disease, which...
Youzu Interactive Sets Up India Operations
Shanghai headquartered Youzu Interactive will invest $10 million to set up its India operations in Pune, 90 miles east of Mumbai, from where it plans to launch local-to-India casual strategy games this year. Media and entertainment industry analysts said Youzu Interactive is the first international entity to enter the Indian gaming...
Mercedes Introduces its First India-Specific Benz
Germany-based Mercedes Benz introduced the 2017 Long Wheel Base version of its popular sedan, the Mercedes-Benz E-Class in India this month. It is the first India-specific product from Mercedes-Benz; it took 48 months for its development and is made in India for sale in India. The gasoline version in Mumbai...
Blackstone Puts Big Money in Indian Real Estate
New York City-based Blackstone Group is in advanced talks to acquire over 360,000 sq ft spread over six floors in the First International Financial Center (FIFC) Tower at Bandra-Kurla Complex, a business district in Mumbai, for over $125 million. With rising income levels of India's consumers, Blackstone has started focusing...
Canadian Investments Surge in India
Canadian institutional money is pouring into India. One of our earlier blogs talks about Toronto-based Brookfield acquiring the telecom towers of India's Reliance Communications. The Brookfield-Reliance Infratel transaction worth $1.6 billion is the second-biggest private equity transaction ever in the country. Last October, in one of India's largest deals in...