Industries

Indian-Born Venkatraman Ramakrishnan wins Nobel Prize for Chemistry

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Oct. 9 – Venkatraman Ramakrishnan, a senior scientist at the MRC Laboratory of Molecular Biology in Cambridge, has won the 2009 Nobel Prize in Chemistry for his study of ribosomes. The prize awards studies of one of life’s core processes: the ribosome’s translation of DNA information into life. Ribosomes produce proteins, which in turn control […]

Audi Predicts India will be Fifth-Largest Market by 2015

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Oct. 9 – German luxury car maker Audi’s Managing Director for India, Benoit Tiers, predicts that India will be the fifth-largest market by 2015 and that company sales will grow by 80 percent. In an interview with The Economic Times, Tiers downplayed his growth projections by saying the company wants to be profitable rather than […]

GE to Combine Healthcare Units in India Under Joint Venture

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Oct. 9 – General Electric (GE) is stepping up efforts to develop its global healthcare business by combining all its healthcare units in India as well the rest of the Asian region under its Wipro GE Healthcare joint venture. The Hindu reports that the plans will consolidate the company’s business and manufacturing units GE Healthcare […]

India Emerging as Vast Direct Sales Market

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Oct. 6 – India is fast emerging as a key destination for international direct selling companies. Lured by consistent annual growth in excess of 30 per cent for the past four years, at least five multinational companies selling cosmetics, tableware, home furnishings and health products plan to enter India’s US$33 billion direct selling industry. Jafra […]

Ford to License Brand for Accessories in India

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Oct. 6 – U.S. automaker Ford has announced a tie up with Delhi-based licensing management firm License India to license its brand in the country to sell merchandise as part of an image building exercise. Through its global licensing agent Beanstalk Group, the company has joined hands with License India for selecting licensees in the […]

22 Indian Languages Can Now be Utilized via SMS

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Oct. 3 – In a demonstration of the diversity of India, professors from the Indian Institute of Technology, Madras (IIT-M) and researchers at the Center for Excellence in Wireless Technology (CEWiT) have developed a 7-bit encoding scheme for 22 Indian languages for sending SMSs. Users can not only send messages in these languages, but can […]

Obama: America Has Roots in Gandhi’s India

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Oct. 2 – Indians around the world were given a pat on the back yesterday when U.S. President Barack Obama said on that America of today has its “roots in the India of Mahatma Gandhi.” Speaking at the International Day of Non-Violence, Obama said that Gandhi’s “teachings and ideals, shared with Martin Luther King Jr. […]

Kingfisher to Add More Routes

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Oct. 1 – Kingfisher Airlines, rapidly challenging Air India’s dominance in the aviation industry, has announced it will be adding new international routes from next year to its existing roster to Dubai, Hong Kong, Thailand, London and Singapore. Speaking to the media on the sidelines of the company’s 14th annual general meeting, Vijay Mallya, chairman […]

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