India’s Health Ministry to Regulate Prices of Critical Medical Devices

Critical medical devices and diagnostic equipment will be  regulated by India’s health ministry. Under the Medical Devices Rules, 2017, which will come into effect from January 1, 2018, prices of devices such as catheters, stents and orthopedic implants, heart valves, intra-ocular lenses, syringes and needles will be regulated by the government. “The devices intended for […]

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July 20, 2017   No Comments

Ram Nath Kovind Will Be India’s 14th President

Ram Nath Kovind, the presidential candidate proposed by the ruling BJP-led National Democratic Alliance, won  66 per cent of the votes cast by an electoral college of Ministers of Parliament and state lawmakers, defeating the opposition’s candidate Meira Kumar, and will be the next President of India. He will be sworn in as President on […]

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July 20, 2017   No Comments

SAP Labs India Gains in Strategic Importance

SAP Labs India, SAP’s largest research and development center outside its headquarters in Germany, is steadily growing in strategic importance, says Stefan Ries, chief human resources officer of the company. In an interview with the Economic Times, Ries said, ” The India center is gaining in strategic importance for us: the Fashion Management solution, which […]

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July 20, 2017   No Comments

India Has Highest Number of Facebook Users

As of July 13, Facebook reported a total “potential audience” of 241 million active users in India, compared to 240 million in the United States, making India the largest audience country for the social media company. The Next Web says: Facebook has achieved impressive growth in both countries since the start of 2017, but new […]

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July 20, 2017   No Comments

Volvo’s Managing Director Says GST Is Good for Business

In an interview with the Economic Times, Tom Von Bonsdorff managing director of Volvo Auto India said that the recently introduced Goods and Services Tax (GST) is a business enabler. “The ease of doing business in India will grow. Now we have just transitioned to GST, give it a few months, it will settle down […]

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July 20, 2017   No Comments