Japanese consumer electronics giant Sony expects India to overtake home market and become the company’s third largest market globally in the next couple of years with its revenue from the country reaching Rs 10,000 crore. Sony India Managing Director Sunil Nayyar said the company clocked a revenue of Rs 6,353 crore in 2022-23 in the…
Kena Betancur | Corbis News | Getty Images Pfizer had a “phenomenal” first quarter — and Wall Street took notice, CEO Albert Bourla told thousands of employees during a companywide town hall on May 2, according to a recording heard by CNBC. A day earlier, the pharmaceutical giant’s stock had closed 6% higher after its…
NEW DELHI: InterGlobe Aviation, the parent company of budget airline IndiGo on Friday said that it has reached an agreement with International Aero Engine (IAE), an affiliate of Pratt & Whitney, to receive a “customised” compensation package, for grounded aircraft.In a regulatory filing InterGlobe Aviation said, “On June 14, 2024, InterGlobe Aviation Ltd finalised an…
Abbott Chairman of the Board and CEO Robert B. Ford delivers a keynote address at CES 2022 at The Venetian Las Vegas on January 6, 2022 in Las Vegas, Nevada. Ethan Miller | Getty Images Abbott Laboratories announced Monday it received approval from the U.S. Food and Drug Administration for two new continuous glucose monitoring…
Read More “FDA approves two new Abbott over-the-counter continuous glucose monitors” »
New Delhi: IT services major Wipro on Tuesday announced a partnership with the Centre for Brain Research to leverage the power of AI, machine learning, and big data analytics for health behaviour innovations. CBR is an autonomous, non-profit research organisation hosted at the Indian Institute of Science.A release announcing the collaboration between Wipro and the…
Read More “Wipro, IISc partner for AI health tech – Times of India” »
Exterior view of the Pfizer headquarters building in New York City on Jan. 29, 2023. Kena Betancur | Corbis News | Getty Images Pfizer on Wednesday said it has launched a new multiyear program to reduce costs as it works to rebound from the rapid decline of its Covid business. The announcement is in addition…
Read More “Pfizer aims to save $1.5 billion by 2027 in first wave of new cost cuts” »
By 2027, Indira Gandhi International Airport‘s Aerocity will feature India’s largest mall, as part of a massive $2.5 billion expansion project that will transform the country’s first aerotropolis over the next five years, according to a TOI report by Saurabh Sinha.We take a look at top 10 things about the Delhi Aerocity expansion project that…
Amgen‘s stock rose more than 12% on Friday after the drugmaker teased positive initial data on its experimental weight loss injection. That fueled investor concerns about new competition in the rapidly growing weight loss drug industry, sending shares of the current obesity players, Novo Nordisk and Eli Lilly, lower on Friday. Eli Lilly shares dropped…
Applying for a European visa? The travel industry has welcomed the new “favourable” Schengen visa rules for Indians, but industry executives believe that the changes are unlikely to provide any immediate relief for those seeking to travel to Europe who have been frustrated by long appointment wait times for the past three years. However, they…
The eponymous sign outside Epic headquarters in Verona, Wisconsin. Source: Yiem via Wikipedia CC Epic Systems, the largest provider of software for managing medical records, says a venture-backed startup called Particle Health is using patient data in unauthorized and unethical ways that have nothing to do with treatment. Epic told customers in a notice on…
