Page 406 - Bs Reporter

Cyient opens design centre for Australian company

The facility will be SMEC's first offshore design centre

Granules acquires exclusive product rights from US pharma company

Windlas through its subsidiaries holds Abbreviated New Drug Applications (ANDAs) for Fingolimod, Prasugrel, Dronedarone and Lurasidone

Assets of Nifty 50-based ETFs rise six-fold in a year

Total AUM of ETFs benchmarked to Nifty indices now account for 85% of total market share of equity ETFs

Urja Global launches solar powered e-rickshaw

Firm plans to commercialise the vehicle, which will be cheaper by Rs 18,000-20,000 than existing e-rickshaws

Extend interest subvention to gems & jewellery sector to increase exports: Assocham

To promote gems and jewellery exports that have been marred by global slowdown

Tata Sons, Jaguar Land Rover & TCS to give £5.6 mn to Royal Society's URF scheme

This will establish nine Tata University Research Fellows in Physical sciences and engineering over next 10 years

Fitness bands drive wearable market in India: IDC

According to the quarterly wearable device tracker, wearable devices witnessed an annual triple-digit growth

On our ability to act, there should be no question: Raghuram Rajan

Interview with RBI Governor

Banks' balance sheet cleaning among central bank's priorities

The issue is part of an unfinished agenda, beside moving inflation to a comforting level

Umang Bedi is new head of Facebook India

Bedi's appointment comes as Facebook increasingly looks at monetising its platform in the country

Smartphone subscriber base grows fourfold

India to have 810 mn subscriptions by 2021: Ericsson

Sebi issues guidelines for depositories' investor fund

To utilise Investor Protection Fund, depositories will have to take permission from the Securities and Exchange Board of India

Vistara slashes fares by 25%

The airline will offer economy tickets upwards of Rs 1,099 in a three-day sale

Aim to run bullet train by 2023: Suresh Prabhu

India's first railway university to be set up at Vadodara in Gujarat

Microsoft opens centre to offer enhance security

Located in Gurgaon, company's cyber security engagement centre is one of seven such centres globally

Work begins on ICT infrastructure for DMIC's Dholera Smart City

Wipro has been awarded the contract for ICT consultancy work

Alstom-Bharat Forge JV signs $219 mn deal with NTPC for Telangana power project

The firm will supply two units of 800 Mw ultra-supercritical steam turbine generator islands on EPC basis

Annual base salaries in India lowest in APAC

India continues to be a cost competitive labour market; Australia & Singapore are highest paying countries

Renewable energy firm Greenko raises $230 million equity

Also appoints former SBI chairman OP Bhatt as non-executive chairman

Sebi warns investors against barred entities

Regulator names 235 firms, asks investors not to be lured by their schemes