Geeta Nair

Articles By Geeta Nair

300 Articles

Serum Institute opens world’s largest vaccine facility

The facility, set up with an investment of Rs 3,000 crore, is getting ready to export Made in India vaccines to regulated markets like Europe and the US and will produce half-a-billion doses annually.

Spread across 2 million sqft, the facility will cater to 150 countries News

Torrent Gas acquires 3 firms to expand city gas distribution business

The fresh acquisitions take the company’s reach to 16 geographical zones in 32 districts and seven states.

Torrent Gas, Torrent Pharma Group, city gas distribution, Mahesh Gas Pune, Mahesh Group, Siti Energy Moradabad, Dholpur CGD Essel Group, Pune Natural Gas News

Amazon’s Pune delivery centre its largest in India

The Pune delivery centre will serve the IT hub that has a workforce of close to 4.5 lakh people who live within a radius of 20 km.

Amazon, Amazon Pune delivery centre, Maharashtra,  Hinjewadi, IT hub, Amazon.in News

Fashion enabled: Adaptive clothing for people with disabilities

An initiative in adaptive clothing for people with disabilities.

Lifestyle News

Vehicle test facility, engineering course add to electric vehicle ecosystem

Companies are working on their electric vehicles and it takes around a year to test and validate a vehicle, he said, adding that ARAI has already started certifying electric vehicles.

Vehicle, test facility, engineering course add to electric vehicle, EV, electric vehicles, eV, FAME, FAME scheme, auto sector, auto industry, india, EV in india, EV   charger, EV   charging,  News

Thermax to shut manufacturing facility, exit China

China accounted for half of the world market for these chillers and there was significant cost arbitrage of manufacturing so the company ventured into that market.

Thermax, Thermax manufacturing facility, china, vapour absorption systems, Chinese imports, industry news

Pune-based Maxlink in a joint venture with South African firm to make microlight aircraft

The two-seater Bat Hawk light aircraft runs on a Rotax engine that can be run on petrol (16 litre per hour) and has six hour flying capability.

Maxlink, Pune comapnies, Maxlink joint venture, South African firm, Maxlink microlight aircraft, Micro Aviation News

Nagpur Metro giving infra projects a good name

The `8,680-crore project has two lines – the North-South Orange corridor (19.6 km) and the East-West Aqua corridor (18.5 km)

Nagpur Metro, infra projects in maharashtra, Maharashtra Metro Rail Corporation Ltd, Brijesh Dixit, Maha Metro, Devendra Fadnavis, Union Road Minister Nitin Gadkari, nagpur infrastructure News

Half of Maharashtra farmers unhappy with PMFBY: Report

About 50% of Maharashtra farmers are unhappy with the performance and implementation of the Pradhan Mantri Fasal Bima Yojana (PMFBY), says a report.

Economy News

Health and tech: Why sleep matters in the digital age

Snoozfit, a sleep disorder diagnostics and management firm, has developed a non-contact device to get insights into one’s daily sleep and body recovery patterns.

Health News

Quick Ride makes carpooling a hit; redBus joins the party

While Quick Ride has more than 2 m users, rPool, from redBus, has started operations in Pune, Bengaluru and Hyderabad.

Industry News

Bajaj Auto Q1 PAT up a tad at Rs 1,126 crore

The company ended Q1FY20 with an 18.3% market share.

Bajaj Auto Q1 PAT, Bajaj Auto, three wheeler EV, motorcycle sales News

Bajaj Finance posts highest ever quarterly profit

Net interest income increased 43% to Rs 3,695 crore from Rs 2,579 crore in Q1FY19.

Bajaj Finance, Bajaj Finance quarterly profit, Gross NPA, NBFC, DHFL, Bajaj Finserv PAT News

Why online brands are going offline to tap fast-growing used car market

At a time when new car sales are down, used car sales are growing.

automobile sector, automobile industry News

Ujjivan Small Finance Bank forays into EV financing

Banks and financial institutions have long been reluctant to finance electric vehicles (EV). Manufacturers of EV have struggled with this and it has impacted their growth as well as adoption.

Sensing a gap and need in the market, Ujjivan Small Finance Bank has entered the space. (Website image) News

Rasna Buzz marks brand’s entry into non-alcoholic bar business

Rasna’s very first mocktail bar, Rasna Buzz, has started serving people in Pune. More such bars will come up in Mumbai over the next few months.

On the menu will be soda-based drinks, milkshakes, sundaes and specially created mocktails with emphasis on Indian ingredients News

Sistema.bio raises $12 million in Series A round of funding

Sistema entered India through the acquisition of a startup, Sustain Earth Energy Solutions, floated by Piyush Sohani and Koushik Yanamandram, which has become a subsidiary of Sistema.

Sistema, sme industry, sme sector News

Bajaj quadricycle makes a Qute debut, company plans to start exchange offer for autorickshaw owners

The Qute had been well received in Kerala, said Vohra, adding it gave him confidence that the vehicle would be popular for intra-city travel. Moreover, he believes consumers could use it both for personal and commercial purpo

Bajaj quadricycle, Bajaj Qute debut, autorickshaw owners, Rajiv Bajaj, Ramchandra Sabnis, Bajaj Finance News

Bajaj Finance PAT grows 57% in Q4 despite challenging conditions faced by NBFCs

Bajaj Finance Ltd (BFL) has reported another strong quarter with its highest ever quarterly profit after tax, which grew 57% y-o-y to Rs 1,176 crore during Q4FY19 despite challenging conditions faced by NBFCs.

Bajaj Finance PAT grows 57% in Q4 despite challenging conditions faced by NBFCs (Website image) News

Branded bouquests blooming on the shelves of modern retail

The concept of modern malls in India has been slow in catching up with the trend of stocking flowers. The trade has been traditionally reserved for road-side vendors.  

Industry News

Glenmark halves price of anti-diabetes drug

Globally, SGLT2 inhibitors are emerging as a preferred treatment for management of type-2 diabetes but in India the SGLT2 drug had total sales of Rs 574 crore in three years because of its high cost, said Alok Malik, SVP, pre

Industry News

Persistent Systems sets in motion changes to bring bak firm in higher growth bracket

Chairman and managing director Anand Deshpande said weak growth was more due to internal structure than external market conditions and growth was coming back in the market, and there were enough opportunities in the market.

Industry News

Bank of Maharashtra back in black with Rs 72 crore profit in Q4

Now that the bank is out of PCA, it will be looking at growing advances to quality corporates, retail agri and the MSME sector.

Banking & Finance News

KPIT takes fresh guard with focus on mobility, auto tech solutions

KPIT has no worries about competition from other IT players offering automotive engineering solutions as Pandit said 90% of the business they do is mechanical while 90% of the business KPIT does was in electronics.

kpit, auto sector, auto industry News

Bajaj Qute hits Indian roads after a six-year battle

Bajaj Auto MD Rajiv Bajaj showcased the quadricycle in 2012 but could not sell these in the Indian market and had to fight hard for gaining acceptance for this category.

After a six-year battle, Bajaj Qute hits Indian roads News

Kia Motors brings brand experience centre to India from South Korea

Kia Motors India is setting up an experience centre in Gurgaon as it seeks to make Indians familiar with the Kia brand and wants them to learn more about Kia cars. The centre will be called Smart Beat.

Kia Motors brings brand experience centre to India from South Korea News

To fund SME sector, EFL to issue green masala bonds

This is India’s first green masala bonds issued by a private sector non-banking finance company, said Shilpa Pophale, MD, EFL. EFL has issued green masala bonds of $10 million to responsAbility-managed Global Climate Partne

To fund SME sector, EFL to issue green masala bonds News