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Mindtree Ltd. signed a 5 year deal with a leading wind turbine maker.

November 24, 2020November 24, 2020 Comment

Mindtree Ltd. the mid-sized software services exporter signed a 5 year deal with a leading wind turbine maker company. The Nordex Group has chosen Mindtree for its business transformation partner to simplify and modernise and transform its entire IT landscape globally, while providing scalability to support the company’s growth plans, consistent with an exchange filing by the Indian company. The size of the deal, however, wasn’t disclosed.

Emami looks to tap shift to homegrown brands after Atmanirbhar bharat campaign

November 23, 2020November 23, 2020 Comment

Kolkata based Emami Ltd. is seeking to take advantage on Indian consumers slowly leaning towards homegrown brands following the government’s ‘Atmanirbhar bharat’ campaign for its newly launched home hygiene products besides tapping on increased awareness due to Swachh Bharat initiative, according Emami Ltd. Director Mohan Goenka.

India’s health minister says local COVID-19 vaccine final trials could end within two months

November 23, 2020November 23, 2020 Comment

A locally developed COVID-19 vaccine could complete its final trials within 2 months, raising hopes for a rapid roll – out in a country with the world’s second highest number of covid infections. Said India’s health minister on Sunday. The state-run ICMR and privately-held Bharat Biotech this month started third-stage trials of COVAXIN, in a process that would involve 26,000 volunteers, It is the most advanced Indian experimental vaccine.

Prestige Estates to invest Rs 2,000cr on four new housing projects in Bengaluru, Hyderabad

November 22, 2020November 22, 2020 Comment

Realty firm Prestige Estates Ltd. will develop 4 new housing projects in Goa, Bengaluru and Hyderabad. The company will invest nearly Rs 2,000cr amid recovery in demand for residential properties.

Elaborating on these 4projects Prestige Estates Projects ltd. Executive Director Business Development- Swaroop Anish said, The company launched a middle income housing project “Prestige Tranquil” in Hyderabad early this month.

PM Narendra Modi says India set to double oil refining capacity in the next 5 years.

November 22, 2020November 22, 2020 Comment

India plans to nearly double its oil refining capacity in five years and India was also aiming to raise the share of natural gas in its energy consumption mix by up to 4 times. The cleaner-burning fuel currently accounts for about 6per cent of the energy consumed in the country, Prime Minister Narendra Modi said on Saturday.

India could get access to AstraZeneca vaccine by January 2021

November 21, 2020November 21, 2020 Comment

The head of an Indian company contracted to make AstraZeneca Plc’s AZN.L COVID19 vaccine said it could deliver it to health care workers and elderly Indians by January2021. The vaccine would be priced between Rs. 350 – 500 in the retail market, but the Indian government would get it for much less, because they would buy it bulk, Poonawaala said.