GCC

AstraZeneca To Invest This Much In Its GITC Expansion In India, Check Figures

05 Jul 2024

The GCC (Global capability center) of British-Swedish drugmaker AstraZeneca is set to invest Rs 250 crore ($30 million) in expanding its Global Innovation and Technology Centre (GITC) in Chennai. This expansion is set to generate 1,300 jobs, with special emphasis on innovation, efficiency enhancement, and streamlining of operations across the...

World Bank report: India leads the global remittance charts at USD 125 billion in 2023

18 Dec 2023

Remittances to low- and middle-income countries (LMICs) will continue to rise in 2023, according to the World Bank's most recent Migration and Development Brief, albeit at a slower rate than in prior years. The World Bank claims that the report draws attention to the changing dynamics in the remittance landscape...

Chennai roads waterlogged, trees uprooted; trigger heavy rainfall in Tamil Nadu

10 Dec 2022

Amid cyclonic storms, Mandous heavy rainfall and strong winds were witnessed by Chennai and several other parts of Tamil Nadu. According to the India Meteorological Department (IMD) cyclonic storm, Mandous is weakening in strength after completing its landfall process late on Friday night. In the nearby Chengalpattu district, waterlogging and...

Cyclone Mandous likely to weaken

10 Dec 2022

The landfall process of Cyclone Mandous had been completed and is likely to weaken, India Meteorological Department (IMD) on Saturday. Earlier on Friday Cyclonic Mandous made landfall off Mamallapuram influencing moderate to heavy rainfall in coastal Tamil Nadu. Taking to Twitter IMD tweeted, "Cyclone MANDOUS rear sector has moved into...