Saturday, Aug 15 2020 | Time 15:33 Hrs(IST)
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Business Economy


Amazon opens world's largest campus in Telangana

Hyderabad, Aug 21(UNI) Amazon , largest E-commerce platform, inaugurated it's own and world's largest campus building at financial district, outskirts of the city on Wednesday, an official statement said.
Spread over 9.5 acres and it would support more than 15,000 employees , the giant new campus reaffirms Amazon's long term commitment to India.
The campus was inaugurated by Telangana Minister for Home on behalf of Chief Minister K Chandrashekhar Rao in the presence of Amazon India Country Head and Senior Vice President Amit Agarwal and Amazon facilities and Global Real Estate Vice President John Schoettler, the statement further said.
This campus was the first Amazon's own building outside the US and the single largest building globally.
The campus built on three million square feet, this is Amazon's single largest building in the world in terms of total area.
The largest tech base outside Seattle and approximately 1.55 lakh contact employees working for Amazon.
Speaking on the occasion, Amit said that we have 50 fulfilment center's in 13 States in India as well as hundreds of delivery stations and sort center's , creating nearly two lakh jobs in India.
" I thank the Telangana government for its investment-friendly policies and continued support that has always encouraged us to continue to invest and grow our operations here", the statement added.
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Mahindra unveils all-new Thar

Mahindra unveils all-new Thar

15 Aug 2020 | 2:57 PM

Kolkata, Aug 15 (UNI) Mahindra & Mahindra Ltd., a part of the $19.4 billion Mahindra Group, today unveiled the All-New Thar, the most eagerly awaited and legendary SUV, on the occasion of India’s 74th Independence Day.

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Webinar on promoting steel-intensive construction

Webinar on promoting steel-intensive construction

15 Aug 2020 | 2:54 PM

New Delhi, Aug 15 (UNI) Seeking to enhance awareness of steel usage in Construction & Infrastructure development sectors and bridge the gap between users’ and suppliers for promoting steel-intensive construction, the Steel ministry is organising a Webinar on August 18.

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Sensex down 168 23 points during the week

Sensex down 168 23 points during the week

15 Aug 2020 | 2:07 PM

Mumbai, Aug 15 (UNI) The benchmark index of Bombay Stock Exchange (BSE) fell by 163.23 points or 0.43 pc to settle at 37,877.34 in the week under review on weak macroeconomic data and concerns over rising coronavirus case.

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Memo Therapeutics AG and Northway Biotechpharma Collaborate on the Fast-Track Manufacturing of a SARS-CoV-2-Neutralizing Antibody for the Therapy of COVID-19

15 Aug 2020 | 7:49 AM

SCHLIEREN, Switzerland and VILNIUS, Lithuania, Aug 15, 2020 /PRNewswire/ - Swiss biotech company Memo Therapeutics AG (MTx) and Northway Biotechpharma (Northway), a leading biopharmaceutical Contract Development and Manufacturing Organization (CDMO), announce a new partnership to manufacture MTx's therapeutic COVID-19 antibody candidate in a four-month fast-track process.

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