Trends
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Opportunity India Desk Jun 01, 2022 - 4 min readGujarat-based dairy cooperative society Gujrat Cooperative Milk Marketing Federation (GCMMF) Limited under its famous brand Amul has launched its first organic product whole wheat flour. The company said that it will move to roll out other organic products such as pulses and rice. “On advice of Home and Co-operative Minister Amit Shah, Amul launched its ...
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Opportunity India Desk Jun 01, 2022 - 3 min readPhable, India’s largest chronic disease management company has announced the appointment of Anuraag Dubey as Chief Product Officer (CPO) and SagarRamteke as Head of Corporate Development to strengthen its full-stack and value-driven chronic care ecosystem and accelerate market expansion. With USD 25 million raised in Series B funding, Phable strives to create India’s first comprehensive ...
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Opportunity India Desk Jun 01, 2022 - 6 min readIndia’s Gross Domestic Product (GDP) for financial year 2021-22 has grown to 8.7 per cent down from 8.9 per cent estimated in February. The economy had witnessed a contraction of 6.6 per cent in 2020-2021, stated the National Statistical Office (NSO) on May 31, 2022. However, the economy slowed down in the January-March quarter (Q4) ...
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Opportunity India Desk Jun 01, 2022 - 2 min readGas Authority of India Limited (GAIL) announced to invest INR 6,000 Cr in the upcoming three years in the renewable segment. GAIL commands over 70 percent of market share in gas transmission and over 50 percent share in Gas trading in India. In the same line, GAIL India Chairman and Managing Director, ...
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Opportunity India Desk May 31, 2022 - 6 min readIndia has witnessed a sharp rise in non-fungible tokens (NFTs) for the past two years. There are over 86 start-ups in this space in India, out of which 71 have been launched in 2021, according to Tracxn. Many existing tech start-ups operating across the country have also started introducing their NFT-based offerings on respective platforms. ...
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Opportunity India Desk May 31, 2022 - 3 min readSun Pharmaceutical Industries said that specialty business of the company has been growing and it has registered INR 9,386.1 crore consolidated sales from operations which is 11 per cent high. Dilip Shanghvi, Managing Director, Sun Pharma said, “FY22 was a good year with strong topline and EBITDA growth. All our geographies have recorded double-digit growth ...
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Opportunity India Desk May 30, 2022 - 3 min readThe ITC has acquired a 10.07 per cent stake in Blupin Technologies Pvt Ltd, a company behind Mylo which is focused on the parenting journey of young families. The brand Mylo addresses the needs of its customers via relevant content, health tools, conversations and community sharing features. Mylo also offers its users direct-to-consumer (D2C) personal ...
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Opportunity India Desk May 30, 2022 - 3 min readStrides Pharma Science said that its step-down wholly owned subsidiary company Strides Pharma Global, Singapore has received nod for Ibuprofen oral suspension USP, 100 mg/5 mL from the United States Food & Drug Administration (USFDA).The product is bioequivalent and therapeutically equivalent to the Reference Listed Drug (RLD), Motrin oral suspension, 100 mg/5 mL ...
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Opportunity India Desk May 26, 2022 - 5 min readUnion health minister Mansukh Mandaviya said that there is a need to create digital healthcare system which is resilient, reliable and accessible till the last mile. Addressing ‘Unlocking the Power of Digital Health’ and ‘Closing Vaccines Gap’ at the World Economic Forum (WEF), he exhorted India’s commitment to strengthen the Digital Health System and closing the vaccine gap. ...
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Opportunity India Desk May 26, 2022 - 4 min readHospitals across the country are set to upgrade the quality of the healthcare services with the help of space technology in emergency care and critical care departments in association with the Indian Space Research Organisation (ISRO). Few of them are ahead of the rest in this race. According to the ISRO, many healthcare associations such ...