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Optimus Receives Tentative Approval from U.S. FDA for Brexpiprazole Tablets

Ut World October 12, 2021 0

Optimus Pharma Private Limited today announced that it has received tentative approval from the United States Food and Drug Administration (FDA) for the generic equivalent of Rexulti® Tablets, 0.25 mg, 0.5 mg, 1 mg, 2 mg, 3 mg, and 4 mg, of Otsuka Pharmaceutical Co., Ltd. Optimus Pharma’s Continue Reading

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Reliance Announced its Master Franchise Agreement with 7-Eleven Inc in India

Ut World October 8, 2021 0

On Thursday, Reliance Retail Ventures Limited (RRVL) announced that it had signed a master franchise deal with 7-Eleven Inc (SEI) to open 7-Eleven convenience stores in India. It further stated that the first 7-Eleven store will open in Andheri East, Mumbai, on Saturday, October 9, 2021. This would be followed by a rapid deployment in […]Continue Reading

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Telecom companies fined Rs 3,050 crore

Ut World October 2, 2021 0

In 2016, Reliance Jio was fined Rs 3,050 crore by Bharti Airtel and Vodafone-Idea (VI) for denying interconnection facilities. Vodafone-Idea owes Rs 2,000 crore and Bharti Airtel Rs 1,050 crore. Within weeks of announcing various reforms to support telecom companies in crisis, the government tightened its grip on fines. Airtel is preparing to approach the […]Continue Reading

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Elon Musk and Jeff Bezos Set to Offer Satellite-Based Internet Access

Ut World October 1, 2021 0

In the high-speed broadband and internet industry, Jeff Bezos and Elon Musk, the world’s two richest businesspeople, are prepared to take on Airtel’s Sunil Mittal and Reliance Jio’s Mukesh Ambani, as they have contacted the Indian government with distinct plans to offer satellite-based internet access. According to sources, Musk’s satellite internet Continue Reading

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By 2022 Accenture to have 3 Lakh Employees in India

Ut World October 1, 2021 0

In the current fiscal year, which ends in August 2022, Accenture’s headcount in India might reach 3 lakh. The achievement will come after more than a year of record-breaking hiring. Given that the corporation now has approximately 30,000 unfilled roles in India, the momentum is expected to continue. TCS and Infosys both employed 40,000 people […]Continue Reading

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Bharti Airtel to Expand Its Optical Network as Part of Its 5G Readiness

Ut World September 23, 2021 0

Tejas Network has been chosen by telco major Bharti Airtel to expand its optical network capacity in important metros. Tejas stated in a statement that its TJ1600 DWDM/OTN equipment will be supplied and installed to extend Airtel’s optical network, support 5G backhaul, provide B2B services, and broadband applications. Airtel will provide a superior experience to […]Continue Reading

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Amazon, Microsoft Swooping in on India’s $24 Billion Data Goldmine on Agriculture

Ut World September 17, 2021 0

Amazon.com, Microsoft, and Cisco Systems are among the technological behemoths lining up to collect data from India’s farmers as part of a government-led productivity drive aimed at modernising the country’s ageing agricultural sector. Prime Minister Narendra Modi’s government, which is attempting to assure food security in the world’s second-most Continue Reading

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Byju’s Expands Abroad with Tynker

Ut World September 17, 2021 0

As India’s most valuable edtech business continues to expand abroad, Byju’s has purchased Tynker, a US-based coding platform, in a stock-and-cash deal. The financial parameters of the deal were not published, but a source close to the situation stated Byju’s was paying $150-$200 million (Rs 1,100-1,470 crore) for Tynker. Tynker will be able to provide Continue Reading

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Ford’s Exit From India: Halt to the Future of Employees, Dealers

Ut World September 11, 2021 0

Thousands of employees at Ford Motor Co. and numerous Ford-related businesses face an unclear future after the global automaker abruptly ended its operations in India on Thursday, following a growing list of American automakers to leave the nation. The decision, which was revealed on Thursday, would have an impact on 4,000 staff, hundreds of dealers, […]Continue Reading

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Ford stops production in India; Only until the sale stock runs out

Ut World September 10, 2021 0

US automaker Ford ceases production in India. The manufacturing unit at Sanand in Gujarat will close by the end of this year and the Chennai unit by the middle of next year. Sales of the Figo, Aspire, Freestyle, Ecosport and Endeavor models will be discontinued as soon as current stock runs out. Sales of imported […]Continue Reading