Page 8 - Research And Development

Top pharma firms to hike R&D spend next 5 yrs as mkt eyes $130 bn revenue

Industry captains feel pandemic has opened up opportunities for the sector in India to emerge as a second source of raw material and finished products, after China

R&D expenditure will rise in the coming quarters: Biocon Biologics MD

In a Q&A, Dr Arun Chandavarkar spoke on how its interchangeable insulin biosimilar has driven the business

Viral vaccines, vector platforms may become new growth areas: DRL chief

In a Q&A, the chairman of Dr Reddy's Laboratories dwells, among other things, on the draft R&D policy and the first-ever Global Innovation Summit of the pharma sector held last November

Every country must worry about data sovereignty, says IBM Chairman Krishna

Eager to help India develop the workforce that it needs for a digital revolution, IBM is betting big on small towns for its R&D centres

Karnataka will soon come out with R&D policy: CM Basavaraj Bommai

Karnataka would soon come out with a Research and Development policy that would make R&D an integral part of schools, colleges, universities and even private institutions, Chief Minister Basavaraj Bommai said on Wednesday. "Shortly we will come out with a R&D policy, wherein we want R&D in schools, colleges, universities and private sector institutions as well as we want to encourage garage oriented R&D centres. We want R&D to percolate to that level," he said. Speaking to reporters here, he said it will be a spectrum of different fields, as innovation is limitless. Responding to a question, the Chief Minister said the Bengaluru Tech Summit (BTS) that began today is a very big event, through which the government wants to scale up innovation to the next level. "More than 7000 delegates from all over the world are participating in it by virtual mode. We expect many companies which are participating envisage interest in most of the cutting edge technologies and ...

Zoho to start co for R&D for critical know-how in manufacturing sector

Zoho, a major technology company, is setting up a company to focus on research and development in the sector in Kongu region of Tamil Nadu, a top official has said.

Biz2Credit plans to invest $100 million in India over next 5 years

Fintech firm Biz2Credit plans to invest USD 100 million in India over the next 5 years on research and development as well as expanding operations. The company is also planning to strengthen its technology team by adding over 150 new employees in 2021 across various positions, including entry, mid- and senior-level positions. "We are delighted to see such massive growth in our business in India, this gives us the hope to further invest in Indian operations. Despite the uncertainties that two waves of the coronavirus pandemic unleashed, we have clocked a massive growth in the revenue with 15-plus new client wins and eyeing a greater leap in the next 10-12 months," Biz2Credit CEO and co-founder Rohit Arora said in a statement. Founded in 2007, Biz2Credit is backed by Nexus Venture Partners. In 2019, the online lending platform completed a Series B capital financing round of USD 52 million led by WestBridge Capital. "The investment will be spent mainly in R&D, operations, and ...

Foxconn's Bharat FIH opens research, development centre in Chennai

Electronic manufacturing services firm Foxconn's subsidiary Bharat FIH, formerly known as Rising Stars Mobile India, has opened a research and development centre at the IIT Madras Research Park in Chennai, the company said on Tuesday. It will be among the first R&D centres in India to design end-to-end 5G devices and will offer end-to-end services to customers, including product design, tooling and moulding, global sourcing and manufacturing services for smartphones and other products and services in the electronics segment. Bharat FIH makes devices for Xiaomi and Nokia. Bharat FIH Country Head and Managing Director Josh Foulger said there is a clear market need for innovative technologies and products with quick turnaround times in the ever-changing electronics segment. "Our India R&D will capitalise on our manufacturing strengths and collaborate with our global teams under the Foxconn Technology Group in product design, cost optimisation, customer experience, sourcing, ...

UK-India joint research and innovation funding led to 258 projects: Report

The UK-India research and innovation relationship has resulted in 258 projects with a joint investment of around 330 million pounds, UK Research and Innovation (UKRI) India said in a new report

Industry body Nasscom seeks govt help for super innovation units

Of the 500-600 companies present in the Indian ER&D space, 45-50% are engineering service providers, and 55-60% are MNCs and global contact centres

Jindal Stainless Hisar ties up with MNIT Jaipur for product R&D

Jindal Stainless (Hisar) Ltd has signed a pact with Jaipur-based Malaviya National Institute of Technology (MNIT) to conduct product research and development in the iron and steel industry

Alembic Pharma posts 45% dip in Q1 net at Rs 165 cr amid price erosion

Firm's consolidated revenues from operations also fell marginally to Rs 1,326 cr in Q1FY22, from Rs 1,341 crore a year ago

India R&D team plays a key role in development of OnePlus 5G phone

The OnePlus smartphone portfolio will continue to be 'Made in India' including flagship and Nord series, which also includes the upcoming OnePlus Nord 2, says OnePlus India

'We maintain a double-digit growth outlook,' says HCL Tech CEO

HCL Technologies to focus on its Mode-2 and Mode-3 offerings, demand remains robust

BPCL's R&D centre bags 80 patents in 20 years; over 50 more pending

State-owned Bharat Petroleum Corporation Ltd (BPCL) has bagged as many as 80 national and international patents in the past two decades, and approvals for 53 more filings are pending, for various innovations including the world's cheapest and the fastest crude oil assaying tool BP Marrk. Its research and development (R&D) centre, located at a 68-acre sprawling campus at Greater Noida in Uttar Pradesh, has won 18 patents in the past 12 months alone. BPCL has an annual budget of Rs 80-100 crore for R&D. "Over the past two decades, we have won as many as 80 patents, and 53 more are pending for approvals. Between July last year and now, we have secured 18 patents," Arun Kumar Singh, director (refineries and marketing) at BPCL, told PTI on Sunday. One of the most notable patented innovations of the centre is BPMarrk, which is an intelligent tool for advanced assaying of crude oil that characterises and evaluates the crude at a fraction of the time taken by traditional assaying ...

US House passes bill to boost science research competitiveness with China

The US House of Representatives on Monday passed legislation that would boost scientific research in an effort to make the US more competitive than China.

India's eng, research & development market to reach $63 bn by 2025: Nasscom

India's share in the global engineering and research and development (ER&D) market is expected to grow at a compound annual growth rate (CAGR) of 12-13 per cent to reach USD 63 billion by 2025, according to industry body Nasscom. Speaking at the Nasscom Engineering R&D Showcase 2021 event, Nasscom President Debjani Ghosh noted that the pandemic has altered the way consumers behave, interact with companies, and how businesses interact. Contactless technologies, analytics, software-led systems are changing how products are designed, redesigned, engineered, and consumed, she added. "...this represents a very unique opportunity for the ER&D companies in India that are primarily focusing on product design and innovation to partner with global enterprises and engineer the future, global megatrends like sustainability, create even more opportunities for product redesign and innovation and that is going to be tremendously important for the future of this industry," Ghosh said. She

US Senate eyes R&D Bill to counter China and bolster manufacturing

What started as a pragmatic effort to boost scientific research and development has morphed into a sweeping Senate Bill aimed at making the US more competitive with China and other countries

China's scientific muscle

Its technological advancement will have global implications

Gave some aid for clinical trials of covid vaccines, not R&D: Centre to SC

The Centre has informed the Supreme Court that no governmental aid, assistance or grant was made either for research or development of Covid-19 vaccines - Covaxin and Covishield