Bangalore - based 3M India, the Indian subsidiary of 3M Co, reported a 27 percent increase in quarterly profit, and 5 percent increase in revenue. aided by strong demand across its healthcare equipment, transportation, and electronics segments. The company's shares surged 11.8% in response. The healthcare segment, which manufactures surgical supplies...
3M to Grow Its Healthcare Business in India
The Board of 3M India, the Bangalore-based unit of the St. Paul MN headquartered material science company, approved an arrangement to accelerate growth of its healthcare business in India. The company said the licensed manufacturer and reseller model will allow 3M India to continue to have exclusive access to the...
Award Winners for Corporate Excellence in India
The Business Standard Annual Awards for Corporate Excellence for 2017, held on the evening of April 1, celebrated the spirit of Indian entrepreneurship. India's Minister for Defense and chief guest at the function, Nirmala Sitharaman, said, "In this country it is possible to reach the top and stay there by...