Research And Development

Indian universities spend up to 40 percent of their research budgets on access fees for journals, diverting funds away from R&D itself. Open access based on a national subscription model can reduce this burden significantly by pooling resources, providing free or low-cost access to the global body of research, and redirecting funds to support domestic research initiatives

Mahindra inaugurates 2 new testing facilities in Tamil Nadu

Mahindra & Mahindra on Wednesday inaugurated two testing facilities, including the one to test the safety of its SUVs, at Kanchipuram.

Zoho to set up R&D centre in Eastern UP by end of 2024: Sridhar Vembu

We want to create world-class R&D capability wherever we go and there is a speed limit to how fast you can scale up R&D teams and it is not at all like scaling up manufacturing plant," said Zoho's Sridhar Vembu said in a post on X.

Samsung Innovation Campus inaugurated in Hubli

Samsung R&D Institute Bengaluru (SRI-B) has inaugurated the Samsung Innovation Campus programme at the KLE Institute of Technology (KLEIT), Hubli to upskill youth in future technology domains.

Rs 1 lakh crore ‘Anusandhan’ scheme’s offer of long-term capital is the 1991 moment for AI development in India

Investing in sunrise sectors like AI with higher margins of growth, using long term intent capital for the first time, is a strategic move by GoI. Currently the best AI startups and AI scientists in India are leaving Indian shores for want of enough capital 

Centre unveils platform for better industry, R&D collaboration

On Tuesday, the government established a platform to encourage industry and academic institutions to work together to develop and execute technology-based social impact innovations and solutions across the nation.

How can India become an R&D powerhouse? This paper shows the way

A recent working paper by two researchers in the National Bureau of Economic Research offers some ideas

Budget 2021: CropLife India demands GST rate cut on agrochemicals and focus on R&D

The current GST rate on agrochemicals is 18 percent.

Govt launches website to support R&D in coal sector

The website broadly displays the guidelines for implementing coal research projects with various forms, so that anybody can submit proposals in requisite manner.

Wockhardt antibiotic expected to hit US in FY21, market worth $1.5 bn: Khorakiwala

Wockhardt on Monday said the pay-off of its two-decade old research into antibiotics looks within striking distance, as its drug to treat superbugs is expected to hit the US market somewhere in 2020-21.

Aurobindo sees R&D costs to double as it gets into biosimilars

The company on Friday said it plans to spend about USD 80 million in next two years as it prepares to take the lead biosimilar molecule bevacizumab into clinical trial.

Research and Development: Next game changer in SME sector

R&D has a significant role to play when it comes to improving individual and institutional performance, and the Indian SME sector is no exception to this rule.

Indian auto parts cos shine but low output a bane: World Bank

India-based auto parts manufacturers have done very well in the past decade but a comparatively low productivity is holding India back, according to a World Bank report.

Schneider Electric to invest Rs 750 cr in India

"The plan is to keep doing what we do. We have 20,000 people in the country," Tricoire said, adding that the company has developed in India at a break-neck pace.

Apple sets up R&D centre in Beijing

It will have 500 employees, and will focus on developing computer hardware, communications, audio and video equipment, consumer electronics technology and information technology, state-run People's Daily reported.

Metro Tyres to invest Rs 300 cr over 2-3 years

The company has four plants in Ludhiana and one Manesar and two in Noida. Metro Tyres today announced foray in the two-wheeler radial tyre segment and aiming for 10 percent of market share in the next 2-3 years.

Allocate more funds for R&D in mining sector: Par Panel

The Parliamentary Standing Committee on Coal and Steel also called for setting up of a coordinating mechanism to ensure effective utilisation of R&D results to boost effective and efficient mining practices.

Remove import duty, clean energy cess on coking coal: ParPanel

The committee found that at the present rate of per KWH power in the country, domestic steel producers are at a disadvantage of Rs 800-900 per tonne as compared to steel producers in China, Japan and Korea.

Can grow at 18%; expect margins at 30% going ahead: Lupin

"If the gross domestic product (GDP) is around 7-8 percent for the country and pharma sector grows at 10-12 percent, Lupin can grow at 18 percent going ahead on the back of its strong strategies," says S Ramesh, CFO of the company.

IFC plans to invest $75 mn in Glenmark Pharmaceuticals

International Finance Corporation is looking to invest up to USD 75 million (around Rs 500 crore) in Glenmark Pharmaceuticals, which is planning to raise USD 200 million to reduce debt and expand operations

Sun Pharma falls 6% on weak sales guidance, price pressure woes

The company also said that the pharma major will continue to build speciality business which could impact short term profitability. It also cautioned that it could lose anywhere between 5-10 percent due to pricing pressure and peer consolidation in the US.

Nasscom lauds new IPR policy's 'single umbrella' approach

IT-BPM industry body Nasscom on May 13 said the government's "single umbrella approach" with the new national intellectual property rights (IPR) will help entrepreneurs leverage linkages between various IP offices.

IMF urges innovation to battle global growth slowdown

"Fiscal policy can play an important role in stimulating innovation through its effects on research and development (R&D), entrepreneurship, and technology transfer," the IMF said in a report ahead of its twice-yearly meeting in Washington in April.

Dept of Heavy Industry opposes reduction of R&D tax breaks

CNBC-TV18 learns from sources that the Department of Heavy Industry is planning to write to the Finance Minster opposing this move, arguing that this will hurt the ‘Make in India‘ campaign and wants the R&D exemption to stay for this sake.

To develop simulators worth Rs 6k cr in future: Zen Tech

In an interview to CNBC-TV18, Ashok Atluri, Promoter of Zen Technologies says the company is looking for a 24 percent strategic partnership with a company that could increase the overall value of the company to Indian armed forces.