Lord’s Mark Group, a diversified conglomerate will invest INR 100 crores in its newly launched health and hygiene e-commerce platform- The Hygiene India. The investment will be used in adding new products to portfolio, boosting research & development, enhancing the technological capabilities, building manufacturing capabilities and for brand development. The Hygiene India aims to become…
Godrej & Boyce, India-based flagship company of the Godrej Group, with turnover of USD1.5 billion has been partnering the vaccination drive in India and in other parts of the world. Its advanced, made in India, medical refrigeration solutions safeguard sensitive vaccines at just the right temperature. It has now launched state-of-the-art Ultra-Low Temperature Freezers (ULTF) which can preserve life-saving medical supplies…
Honeywell, a multinational conglomerate has partnered with SID (The society for Innovation and Development) at IISc (the Indian Institute of Science). This partnership is formed to support the startups involved in solving societal problems. Six startups that will be funded by the tech company are Azooka Labs, Siamaf Healthcare, Protein Design, Mimyk Medical Simulations, HealthSeq…
German conglomerate, Thyssenkrupp plans to slash 11,000 jobs in total in the upcoming several years according to a statement by it on Thursday after reporting a 5.5 billion-euro deficit for the period that ended in September. The jobs cut will be twice as many jobs as expected last year as the company’s beleaguered steel business…