ET BureauIn addition to catering to the India market, Roche will use India as a hub to also supply Accu-Chek Active meters to Roche US and Germany in order to cater to the demands across the world. Roche said the first batch of made in India glucometers are already available in the market across the country.
Roche said the production of Accu-Chek Active meters will take place at its OEM partner Sanmina's state-of-the-art multi-client manufacturing site in Chennai in line with the globally approved quality standards.
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- Wadias may Seek IBC Rule Waiver to Bid for Go First
The Wadia Group, which owns Go First Airlines, could seek a waiver from the Insolvency and Bankruptcy Code (IBC) rules that bar promoters from bidding for their own companies because the cash-strapped carrier’s account with banks is still marked as standard, said people with knowledge of the matter.
No Big-Bang Rejig; Will Rationalise Costs and ReinvestThe newly inducted chief of Cognizant Ravi Kumar S has a clear brief. The 48-year-old has been tasked with reviving the fortunes of the US-based software exporter that has grown slower than peers and seen an exodus of senior leaders. It is a challenge that Kumar is betting the firm can overcome with its “entrepreneurial spirit”.
D-Street Indices Climb to 2023 PeakIndia’s primary equity gauges surged nearly 1% Thursday to their highest this year, and to within a touching distance of all-time records, as Mumbai shrugged off the weakness evident in Europe and parts of Asia over continued uncertainty surrounding the US Federal Reserve's future interest-rate trajectory.
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