Apple’s much-awaited own branded retail store in India, will open to the public in April at the Jio World Drive Mall in Mumbai's upmarket Bandra Kurla Complex area. After this launch, Apple plans to open another retail store in Delhi-NCR some time between April and June. The designs on the...
Hindustan Unilever’s Market Cap Reaches 67% of Parent
In the first week of October 2022, the Market Capitalization of Mumbai- headquartered Hindustan Unilever (HUL) reached 67% of its parent company Unilever based in London, UK. HUL’s m-cap touched $77 billion as compared to Unilever’s $115 billion, a report in Economic Times said. Unilever’s market capitalization has deteriorated in...
Nihon Kohden to Build its Largest Manufacturing Facility in India
Model Economic Township or MET City, a wholly-owned subsidiary of Mumbai-based Reliance Industries said it was developing a world-class greenfield smart city near Gurugram, Haryana in the Delhi National Capital Region. In this industrial township, Tokyo-based manufacturer of medical devices Nihon Kohden Corporation will build its largest facility in India....
India’s Glenmark Develops Novel Oncology Therapy
Mumbai-based Glenmark Pharmaceuticals announced that its subsidiary Glenmark Specialty received approval from the Indian drug regulator, Drug Controller General of India (DCGI), to conduct a Phase 1 clinical trial of its novel small molecule, GRC 54276. It also plans to file an Investigational New Drug program in the U.S. along...
Indian Company Pushes to Manufacture Semiconductors
At a time when the U.S. and EU are aiming to increase their chip manufacturing industries, India is also making strides toward becoming a serious player in advanced manufacturing. With Mumbai-headquartered Vedanta Group signing pacts with a number of Japanese technology companies to develop an Indian semiconductor and glass display...
Fujifilm to Build Health Screening Service in India
Japanese multinational Fujifilm Corporation has chosen India as a base to try out and fine tune a healthcare screening service model to be developed into a global chain of artificial intelligence-driven preventive healthcare screening centers in the coming year. Branded NURA, the company has opened two centers that offer AI-aided...