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#India-US, #India-US, #December 2017

Indian companies created over 100,000 jobs in the US in recent months, which will define the relationship into the New Year.

Biocon widens BristolMyers Squibb tie-up

Biocon’s contract research arm, Syngene International, has expanded its ongoing drug discovery and development with US-based Bristol-Myers Squibb till 2026.

Syngene International said in a Bombay Stock Exchange (BSE) filing: “The next phase of the partnership will see the addition of a new facility to support future Bristol-Myers Squibb research and development operations, an expansion of the team and the extension of the existing agreement through 2026.”

The expansion will enable the two companies to undertake a greater range of scientific research and development for pharmaceuticals across a broader range of activities.

Syngene’s new dedicated facility will be spread across 25,000 sq ft of laboratory and office space for Bristol-Myers Squibb. It will house an additional team of 75 Syngene scientists who will work exclusively for Bristol-Myers Squibb.

Biocon BMS Research Center (BBRC), Syngene’s first dedicated R&D centre, was established in 2007, which was subsequently renewed through 2020 and now has been extended till 2026.

It is the largest research and development facility for Bristol-Myers Squibb outside the United States and plays an integral part within their global research and development network.

#UK Welcomes Modi, #Yearend 2015

India Inc. took stock of the recent visit by Indian Prime Minister Narendra Modi to the UK with a high-profile summit to assess the impact on India-UK relations. “This visit has truly been a vibrant illustration of the partnership and the commitment we have to India… the UK will remain the place for India to come to within Europe,” was the message from Priti Patel, Britain’s employment minister.

#UK Welcomes Modi, #Yearend 2015

India and the UK announced deals worth £9.2 billion during Prime Minister Narendra Modi visit to the UK this week. A new rupee bond to fund Indian Railways, a civil nuclear pact and collaborations in the field of defence and cyber security were among the highlights of what British Prime Minister David Cameron described as a “new dynamic modern partnership”.

#UK Welcomes Modi, #Yearend 2015

David Cameron shared an easy chemistry with Narendra Modi during the long-awaited visit by the Indian Prime Minister to Britain in November. The British Prime Minister was by Modi’s side through most of his official engagements and also shared a more quiet time together during an overnight stay at Chequers, Cameron’s countryside retreat in Buckinghamshire.

#UK Welcomes Modi, #Yearend 2015

The value of investment in UK-India research from the UK Research Councils, the Indian government and third parties received a £72-million boost during Prime Minister Narendra Modi’s visit to the UK. The research partnership now exceeds £200 million covering programmes across food, energy and water security; health and well-being; smart cities and rapid urbanisation – and increasing access to expertise, resources and facilities.

#UK Welcomes Modi, #Yearend 2015

India and the UK have agreed on a comprehensive package of collaboration on energy and climate change which includes commercial deals worth £3.2 billion during Prime Minister Narendra Modi’s visit to the UK. The UK and India reaffirmed the importance of addressing climate change and promoting secure, affordable and sustainable supplies of energy that will support economic growth, energy security and energy access.

#THE YEAR THAT WAS 2015, #Yearend 2015

The year 2015 will go down in history as one that laid the groundwork for the promised “acchhe din” (good times), with enough concrete indicators that the Indian economy is set for a bounce.

A series of far reaching measures taken by the Narendra Modi government is slowly beginning to bear fruit. The most important of these is the decision to front load the government’s capital expenditure, especially in the roads and highways, railways and rural infrastructure sectors

#Hot Spot, #Yearend 2015

India’s relations with the 54 nations of Africa have received a much-needed reboot as a result of the India-Africa Forum Summit in New Delhi this week.

An additional concessional credit line of $10 billion came alongside pledges for India and Africa to interact closely across areas of mutual interest like energy, climate change, agriculture and terrorism. India also renewed its commitment to help develop infrastructure, public transport, clean energy, irrigation, agriculture and manufacturing capacity across Africa.

#Special Report, #Yearend 2015

The Indian government’s Clean India programme seems to have made a mark with the country being ranked among the world’s top 5 clean energy business hotspots.

Bloomberg New Energy Finance (BNEF) has ranked India behind China, Brazil, Chile and South Africa in its ‘Climatescope 2015’ report which analyses the attractiveness of 55 countries as best places for renewables companies to do business.

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