Honeywell has announced the appointment of Rajesh Rege as country president for India, said a statement issued today. “Rajesh Rege joins a highly capable leadership team in Honeywell’s high growth regions (HGR) and Honeywell India, and will help build strong stakeholder engagements, offer innovative solutions to customers, and develop winning teams that can drive strong…
Cadila Healthcare (Zydus Cadila) said it plans to soon roll out its Covid-19 vaccine ZyCoV-D for the 12-18 age group. “We have approval from DCGI (Drug Controller General of India) for children, NTAGI (National Technical Advisory Group on Immunisation) meeting has also cleared 12-18 (age group),” Sharvil Patel, managing director of Zydus Cadila, said at…
RBI cancels license of Maharashtra-based Independence Co-operative Bank The Reserve Bank of India canceled the license of Nashik-based Independence Co-operative Bank Ltd and began the process for winding it up following the erosion of the bank’s capital. The bank has stopped operation from the close of business on February 3, putting depositors of the bank…
The Cost of Cloud, a Trillion Dollar Paradox There is no doubt that the cloud is one of the most significant platform shifts in the history of computing. Not only has cloud already impacted hundreds of billions of dollars of IT spend, it’s still in early innings and growing rapidly on a base of over…
Earth has more tree species than we thought There are 14% more tree species than previously thought, according to what researchers are calling the first “scientifically credible” estimate. Of the 73,300 estimated species, the researchers predict there are 9,200 that are yet to be discovered. But most rare species are in tropical forests, fast disappearing…
Kyndryl, which was spun off from IBM as an independent company, is betting on India as one of its key markets for growth on the back of a strong talent pool and value-driven for its global customers. Speaking to PTI, Kyndryl India President Lingraju Sawkar said India is important for it, and Kyndryl is important…
Republic Day: How India’s military parade became a spectacle A day before India was set to celebrate its 73rd Republic Day, government officials issued an unusual clarification: this year’s parade would not feature a song from Bollywood. The parade has in fact never included a Bollywood track but the government felt compelled to explain because of…
The government’s receipt from disinvestment proceeds in the next financial year beginning April has been pegged at Rs 65,000 crore, lower than the current year’s estimated mobilization of Rs 78,000 crore. With budgeted disinvestment targets rarely met, Finance Minister Nirmala Sitharaman’s fourth Budget drastically reduced the receipts to an achievable Rs 78,000 crore in the…
Finance minister Nirmala Sitharaman presented the Union Budget 2022, the fourth budget of Modi 2.0, today. There were a host of measures aimed at boosting growth amid high & rising inflation and continuing Covid uncertainties. There, however, were remarkably few real changes to the personal income tax structure in a year that had seen demands…
Australian Open 2022: Rafael Nadal reveals being ‘physically destroyed’ An exhausted and emotionally drained Rafael Nadal walked gingerly towards an exercise mat in the players’ gym at the Australian Open and collapsed on it in a heap. Hardly surprising given the 35-year-old had just spent five hours and 24 minutes on the Rod Laver Arena…
