SastaSundar Healthbuddy Ltd, an Indian digital healthcare startup will receive Rs 100 Crore as investment from the Japanese conglomerate, Mitsubishi. They signed the agreement on 26th August after trading hours. Thanks to the investment, the Kolkata-based Corporation’s shares jumped 11.87% to Rs 108.85. Founded in 2011, Sastasundar.com is a digital healthcare portal that was started […]
76.3 percent of households consume adequate iodised salt: Nutrition International study
Global nutrition organisation Nutritional International undertook a nation-wide study – India Iodine Survey 2018-19. The study was conducted to estimate the iodine status of the population and to assess the extent of the availability of adequate iodised salt in Indian households. The study was conducted in association with the AIIMS (All Indian Institute of Medical […]
CPP Investment Board invests 115 million dollars in Delhivery
One of the world’s largest investment management companies, Canada Pension Plan Investment Board has invested $115 million in Indian logistics giant Delhivery. This move is said to be highly instrumental in giving CPPIB a great exposure to the Indian logistics market. Delhivery’s founder and CEO, Sahil Barua seemed extremely happy at the association of the […]
CNH Industrial to invest more in India in its five-year plan
CNH Industrial, one of the world’s big players in industrial vehicle making, intends to invest more in India in spite of the slow economic growth that India market has shown recently. The company CEO Hubertus M. Muhlhauser expressed his intention to invest in the field of lower horsepower products over the next 5 years. “India […]
Kaspersky is reported to set up transparency facility and a data centre in India in 2020
Kaspersky, a Russian cybersecurity solutions company, is reportedly setting up a data centre and a Transparency Centre in India. This step by Kaspersky is seen as a confirmation of the possible cybersecurity policy of India, under which the companies will be mandated to store and process data locally. Managing Director of Kaspersky (Asia Pacific), Stephen […]
Alibaba all set to launch its e-commerce business in India through its subsidiary UCWeb
Last month, Amazon inaugurated its only corporate office outside the US in Hyderabad. Now Alibaba Group is reportedly planning to launch its wholly-owned e-commerce business this FY19. Alibaba will launch the e-commerce business through its subsidiary UCWeb. The Vice President of UCWeb Global Business, Huaiyuan Yang said that the plan is not going to influence […]
Trina Solar’s Corporate Social Responsibility report of 2018 reveals its positive side
One of the world’s leading companies in the field of Photovoltaics and smart energy solution, Trina Solar Limited has released its corporate social responsibility report, which it has been doing since 2011. The CSR report for the year 2018 was based on the framework of Sustainability Reporting Guidelines that was issued by Global Reporting Initiative. […]
Praxis Global Alliance’ Healthcare Investor Report of 2019 reveals Opportunities for value creation in India
On September 3, Praxis Global Alliance published its healthcare investor report for the year 2019. The report, which is titled Healthcare Investor Sentiment Spotlight 2019, reveals some important sides of how investors’ activities have been since 2011-12. Indian healthcare sector, which is facing its tough days, is undergoing a transformative phase. This sector has always […]
Adopting a Minimalist Lifestyle Through Non-Woven Shopping Bags by Zedpack!
There is, in most of us, an underlying desire to buy more or have the same gadgets as, for instance our neighbour next door. We ultimately end up buying more than we actually need. On a personal level, it arouses insecurities and fear. And on a broader scale, this leads to increased waste because desires […]
Commercial realty sector to witness massive growth in affordable housing, says HDFC Chairperson Deepak Parekh
Commercial real estate is thriving, says Deepak Parekh, the chairperson of Housing Development Finance Corporation (HDFC). His statement comes at a time when India is going through a deep economic downturn and thousands of residential flats cannot attract buyers. While talking to CNBC-TV18 in an exclusive interview, Mr. Parekh portrayed a blossoming picture of India’s […]