Market Updates

Plastic recycling gaining traction with big names of Unilever, Coca-Cola, BASF, Dow, and Borealis
October, 2019

The first week of October 2019 was very interesting for the chemical industry from the perspective of waste management and environmental impact. Both supply and demand sides made significant strides towards better future with economic contribution coming from recycled plastic content. Given below are few of the key happenings from the industry.

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Innovative regenerative medicine approach using modified stem cells to treat stroke
June, 2019

Human brain cells need plenty of oxygen and nutrients to survive. Whereas, a hibernating ground squirrel can survive with less nutrients. By tapping into the cellular mechanisms that keeps these animals’ brains healthy during the long winter months, IRP scientists have discovered a way to increase the survival of neuron-producing stem cells implanted into the brain after a stroke.An ischemic stroke cuts off blood flow to part of the brain, by depriving the cells of essential substances. While clinicians can reduce the [...]

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Progression Towards Smart Electricity Metering in India
June, 2019

Power is one of the most critical components for the economic growth of any country. With the production of more than 1500 TWh, India's power sector is one of the most diversified in the world, which has has progressed over last seven decades along with country’s economic growth. In recent years, the demand for electricity has increased significantly across India owing to various factors which include rapid urbanization, expansion in industrial activity, increasing number of households and increase in per-capita usage energy consumption. [...]

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AI changing M&A landscape
June, 2019

Artificial Intelligence (AI) is influencing every aspect of the global economy, including investment banking. BFSI has witnessed rise in number of merger & acquisitions in last decade. This rise in M&A has developed the need for solution that can reduce the time associated with this activity. One of the preferred solutions is implementation of artificial intelligence that can accelerate the process. M&A areas where AI is being implemented are as follows: Diligence - Data analytics [...]

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Data-driven new age financial sector
June, 2019

Widespread digital transformation and continuously changing customer behaviour and demands are driving financial institutions towards adoption of cognitive systems to meet customer expectation and reduce operational cost. Customer growth is crucial for the new age financial institution. These institutions are finding actionable insights to make faster decisions associated with these objectives with a single customer view by using visual as well as real-time analytics. Furthermore, analytics platforms can feed a variety of multisource datasets w [...]

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Project Limitless: 5G in a PC
June, 2019

5G network is a next-gen technology providing mobile internet connectivity with faster speeds and more reliable connections on smart devices. Built on cutting-edge network technology, 5G network will offer connections that are way faster than current connections, with average download speeds of appx 1GBps expected. Network technology is predominantly being used for communication devices however it will also boost the rise in Internet of Things (IoT) technology. This will provid the infrastructure required to carry huge amounts of data thereby a [...]

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Datacenter Market Evolution
June, 2019

Datacenter has come a long way since its inception, from a dedicated space within a building that houses computers, to a specially designed space with strategic cooling and power requirements that can service multiple companies from the same location with cloud and other shared resources. Continuous IT operations often play a vital role for many business houses, so ensuring redundant components and infrastructure for power supply, data communications, backup, and air conditioning infrastructure is currently a basic necessity for a datacenter to [...]

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Roadmap of RPA: Enhancing skill development of resources to meet future needs
June, 2019

In an era of digital disruptions, technologies like AI, mobility, cybersecurity, automation, and others are improving the bottom-line profits of an organization, along with enhancing the CX for the consumers.  In a competitive environment, marketing through digital medium becomes imperative for enterprises but the applications of AI, analytics and automation can largely reduce the operational costs reducing the requirement of huge workforce for the business process including accounting, customer service, and others with tools of RPA. The h [...]

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Indian National Pharmaceutical Pricing Authority (NPPA) Adds New Non-Scheduled Cancer Drugs to the Reduced MRP List
May, 2019

The maximum retail prices of the following non-scheduled cancer formulations have been lowered by a whopping 87%. This decision reflects the Indian government’s commitment to provide affordable drugs for the treatment and increase access to the large popul [...]

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Classification of Newly Notified Medical Devices in India
May, 2019

The medical device manufacturing industry is one of the major and biggest industries in healthcare. The industry has seen an unprecedented growth in development and has improved the state-of-art that helps to catalyze the growth and advancement in the healthcare industry. The continuous adoption and changes that is occurring faster than before has fueled the market with new technologies and procedures. The increase in demand for more advanced and customized treatments and the availability of sophisticated healthcare globally have pushed the mar [...]

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