Page 39 - Anjali Singh

Pharma's eco pill: Sustainable packaging as new prescription for planet

Merck also revealed that they are investing in renewable energy sources, and half of their Mumbai facility's energy is now sourced from solar panels

Kotak Alt invests Rs 1,445 cr to acquire Viatris API biz for Matrix Pharma

This acquisition will make Matrix the second-largest Indian active pharmaceutical ingredients (API) player with global leadership in antiretroviral (ARV) APIs

Daimler India names Muthu Maruthachalam as new chief of ops, logistics

Muthumaruthachalam began his career with DICV in 2009 as a specialist in heavy-duty truck project management

Pharma companies step up use of advanced technologies to improve processes

Industry is using AI and digital tools to improve processes and help patients

Wardwizard bags $1.29 bn electric vehicle order from Philippines company

This collaboration aligns with the Philippines government's PUVMP, which seeks to replace outdated gasoline and diesel vehicles with cleaner electric alternatives

Domestic commercial vehicle sales likely to dip 4-7% in FY25: ICRA

In February 2024, the industry saw a slight 0.7 per cent year-on-year decline in wholesale volumes, although it managed a 5.1 per cent sequential growth

A sporty hatchback: Tata Motors launches Altroz Racer at Rs 9.49 lakh

This new variant includes a 360-degree camera, a large touchscreen infotainment system, ventilated front seats (a first in this segment), and six airbags as standard

Environmental and financial benefits drive EV adoption in India: Study

According to a new study by leading insurer ICICI Lombard General Insurance, environmental benefits and reduced fuel costs are the top reasons for switching to EVs

Two-wheeler sales dip in May due to weak wedding season; exports rise

Going against the trend, TVS reported that its two-wheeler sales registered a growth of 7 per cent, increasing from 252,690 units last May to 271,140 units in May 2024

Stellantis India appoints Shailesh Hazela as CEO & MD, effective mid-July

'I look forward to accelerating technological innovation and strengthening our position in existing and emerging mobility segments,' Hazela said after the appointment

Aurobindo arm TheraNym inks pact with MSD for biologics manufacturing

This agreement follows previous disclosures by Aurobindo Pharma about expanding its biologics manufacturing facilities and exploring contract manufacturing operations (CMO) for biologicals

Molbio Diagnostics prepares for IPO in FY25 to raise Rs 2,200-2,400 crore

Molbio Diagnostics became Goa's first startup to achieve unicorn status in September 2022 following a Rs 680 crore investment from Temasek and MOPE, plans to launch the IPO in November

Medtronic appoints Mandeep Singh Kumar as Vice President of India business

In his new role, Mandeep Singh Kumar will be responsible for overseeing sales, marketing, and commercial operations for Medtronic's business in India

Varanasi, Detroit, Venice to host Toyota's $9 mn sustainability initiative

Varanasi faces challenges managing the influx of pilgrims and tourists, particularly regarding safety and accessibility in crowded areas

Millennials, Gen Z driving demand for luxury car rentals in India

Mumbai and Delhi witness fastest growth in demand this year at 35% and 40%, respectively

European auto company Skoda-VW hits 1.5 million output mark in India

30% of the Group's India production is exported

AstraZeneca Q4 results: Net profit jumps 128%, revenue rises 34.59%

Strategic collaborations played a crucial role in AstraZeneca's achievements, particularly in enhancing diagnostic capabilities and treatment outcomes

Fischer Medical Ventures makes India's first indigenous MRI system

Eyes acquisitions to broaden medical tech reach

Aurobindo Pharma Q4 results: PAT rises 79.5% to Rs 908 cr, revenue up 14.8%

The increase in PAT is attributed to expansion into the new markets, product launches and stable pricing

Surge in demand for 'young' used cars outpaces supply, drives prices north

SUVs set to reach 45% of used car market soon