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P&G Hygiene and Health Care appoints Mrinalini Srinivasan as new CFO

May 28, 2024

New Delhi, May 28 (IANS) Procter & Gamble (P&G) Hygiene and Health Care on Tuesday announced the appointment of Mrinalini Srinivasan as the company's Chief Financial Officer from June 29. She will be taking over the role from Prashant Bhatnagar, who will leave the company after about 28 years of service. "This role gives me an opportunity…

Samsung, Lennox join hands for HVAC business in US, Canada

May 28, 2024

Seoul, May 28 (IANS) Samsung on Tuesday said that it has agreed to set up a joint venture (JV) with a leading provider of climate solutions Lennox for a heating, ventilation and air-conditioning and refrigeration (HVAC) business in the US…

Business

Rosneft integrates proprietary IT technologies into all aspects of its operations

May 28, 2024

New Delhi, May 28 (IANS) In today's world, digitalisation has emerged as a global trend affecting practically all industries and areas of operation. The oil and gas industry is a very resource-and knowledge-intensive high-tech sector…

Business

India, Vietnam key beneficiaries as global firms scout for supply chains outside of China: Nomura

May 28, 2024

New Delhi, May 28 (IANS) As the multi-national companies recognise the importance of diversifying supply chains, India and Vietnam are the key beneficiaries as global firms are looking for supply chain alternatives outside of China, a new…

Business

Global firms must tap local display manufacturing opportunities in India: Industry leaders

May 28, 2024

New Delhi, May 28 (IANS) India is set for a significant leap in local manufacturing of displays which presents a golden opportunity for global companies seeking to diversify their display supply chains beyond certain geographies, industry…

Business

TATA AIG Launches Surety Insurance Bonds; aims to help boost Infrastructure Development

May 28, 2024

TATA AIG General Insurance, one of India’s leading general insurance companies, has rolled out Surety Insurance Bonds, with an aim to

Business

Adani Enterprises Ltd to raise Rs 16,600 crore to expand biz

May 28, 2024

Mumbai, May 28 (IANS) Adani Enterprises Ltd (AEL) on Tuesday announced to raise Rs 16,600 crore via qualified institutional placement (QIP) or other permissible mode in one or more tranches and in accordance with the applicable laws, as it…

Business

IIT Bombay, TCS to develop India’s 1st Quantum Diamond microchip imager

May 28, 2024

Mumbai, May 28 (IANS) The Indian Institute of Technology (IIT) Bombay on Tuesday announced a strategic partnership with IT services major Tata Consultancy Services (TCS) to develop India's first Quantum Diamond microchip imager -- an…

Business

For high mango yield, CISH recommends tree rejuvenation

May 28, 2024

Lucknow, May 28 (IANS) Overgrown and unproductive mango trees may get a fresh lease of life through canopy management technology developed by ICAR-Central Institute for Subtropical Horticulture (CISH), helping enhance the yield.The dense…

Business

AI-powered MR publishing platform Flam raises Rs 38 cr from Turbostart, others

May 28, 2024

New Delhi, May 28 (IANS) AI-powered mixed reality (MR) publishing platform Flam on Tuesday said that it raised Rs 38 crore ($4.5 million) in a pre-series A funding round led by Turbostart, AI-focused Twin Ventures, Alphatron Capital, and…

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