Page 5 - Research And Development

Samsung expands R-D innovation programme to 70 Indian engineering colleges

Samsung on Monday announced to expand its industry-academia programme to 70 engineering colleges in India, to help create a pool of talent for new-age R&D challenges.

Centre unveils platform for better industry and R&D collaboration

Government on Tuesday unveiled a platform to drive collaboration between the industry and research institutes to implement technology-based social impact innovations and solutions in the country. The launch of Manthan, a platform that promises to augment our efforts to build and nurture industry participation in R&D, is also a testimony of our commitment to the UN's SDG goals, the Principal Scientific Adviser (PSA) to the government, Ajay Kumar Sood, said in a statement here. Powered by NSEIT, the Manthan platform will help scale up interactions among stakeholders, facilitate research and innovation, and share challenges in various emerging technologies and scientific interventions, including those that make a social impact, an official statement said. The platform will provide the necessary fulcrum for transforming the nation through innovative ideas, inventive minds, and public-private-academia collaboration to achieve th country's sustainability goals, said Parvinder Maini, ...

Microsoft lays off more workers, this time from consumer R&D team: Report

Microsoft, which laid off 1 per cent or 1,800 employees in July, has asked around 200 more employees to go, this time from one of its customer-focused R&D projects, the media reported on Wednesday.

We're geared to launch a new molecule every 1-2 years: Biocon Biologics MD

In an interview, Arun Chandravarkar explains why a company must continue investing in R&D despite the impact on short-term Ebitda

Explained: What is Indian Antarctic Bill 2022 and why is it important

The Indian Antarctic Bill provides a regulatory framework for India's Antarctic activities through legal mechanisms

FDI inflow in R&D sector grows six-fold YoY to Rs 344 million in 2021

Karnataka attracted the most FDI in this space, followed by Telangana and Haryana. Flows into Karnataka were up more than 250% YoY

R&D jobs in India increase by 42% in 3 years; searches up too: Indeed

Job postings in R&D also grew by over 40 per cent between May 2020 and 2021, said Indeed. Among job seekers, searches for roles in R&D increased 21 per cent in the last three years

PE firm Multiples picks up 9.3% stake in BDR Pharma for Rs 685 cr

Multiples is the first private equity (PE) investor in BDR Pharma

Engineering R&D segment to outperform IT services players in FY23

Barring Cyient, valuations of most ER&D firms on the expensive side

BS Number Wise: Indian private sector's R&D aversion

Share of companies not reporting any spending on research is increasing; two sectors contribute to most of the spending

Policy in 7-8 days to promote pvt sector R&D in railways: Vaishnaw

The Indian Railways will come up with a policy in the next 7-8 days to make private-sector research and development a major part of the railway budget with 90 per cent allocation in the future, Union Minister Ashwini Vaishnaw said Wednesday. While speaking in the concluding session of a post-Budget webinar on technology-enabled development, the railway minister said the defence and space sector has already broken the silos by opening up research and development (R&D) for the private sector and the same needs to be done in other sectors as well. "We are starting something in the Railways soon. In another 7-8 days, we will launch a new policy where private sector R&D would become an integral part or rather major part of railways R&D budget. "We do hope that going forward, probably 90 per cent of railways R&D budget would be in the private sector compared with 100 per cent in the public sector at present," Vaishnaw said. Vaishnaw, who also handles the telecom and IT ...

Honeywell & IISc extend partnership to support 13 new startups, promote R&D

Honeywell Hometown Solutions India Foundation (HHSIF), the philanthropic arm of Honeywell India, and the Society for Innovation and Development (SID) at the Indian Institute of Science (IISc) here have extended their partnership to support 13 new startups to promote research and development (R&D) in deep science and fuel local innovation. HHSIF will provide these startups with seed capital, while SID will offer infrastructure support, access to the right technology, mentoring, and human capital. Startups focused on R&D in deep science solutions were eligible for funding and support under this partnership, HHSIF said in a statement on Monday. Preference was given to startups with founders from marginalised communities or to those working on solutions that have a direct impact on disadvantaged communities, it was stated. Accordingly, startups that have been selected under this round of funding include those working on COVID-19 solutions, developing medical technologies to assist

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, ...