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After IT, India to Become Pharma R&D Hub
Aug. 11 – India is expected to become a pharmaceutical research and development (R&D) hub in the next decade with the Department of Pharmaceuticals planning a road map for India to be a global player in the industry by 2020. The plan is called Vision 2020. The department also plans to create a job of […]
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Bank Employees Begin Strike Today
Aug. 6 – Employees of India’s private, overseas and state banks numbering more than 900,000 will begin their two-day strike today. An estimated 26 state-run banks, 10 private banks and eight foreign banks will be affected when its workers join the strike organized by the United Forum of Bank Unions (UFBU). “We seek expedition of […]
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Toshiba Announces Joint Venture Deal with JSW Group
Jul. 9 – Japanese tech company, Toshiba, has agreed to a joint venture deal with JSW Group to build a US$160 million power equipment manufacturing plant in the country’s southern Chennai City, Tamil Nadu within five years. The JSW Group is under the O. P. Jindal Group and manages businesses in steel, energy, mining, aluminum, […]