Kuehne+Nagel, the logistics group headquartered in Schindellegi, Switzerland, has opened a technology center in Chennai, in southern India. The company expects 250 technology professionals to work there by early 2027, Container News reported. Kuehne+Nagel moves freight by sea, air and land and runs contract logistics. It employs 76,000 people in more...
Louisiana CPA Firm Opens GCC in India
After 80 years in business, the Shreveport, Lousiana-based accounting firm Heard, McElroy & Vestal, LLC has gone multinational with an office in Ahmedabad, India. The Indian office, which opened Aug. 3, will join the growing company's roughly 170 employees in Shreveport, Monroe and Longview. Ahmedabad is the largest city in the western...
Accenture to Acquire an AI Company in India
Accenture will acquire Bangalore-headquartered industrial artificial intelligence company Flutura. Terms of the deal were not disclosed. Flutura’s approximately 110 professionals specialize in industrial data science services for manufacturers and other asset-intensive companies. Its AI platform provides self-service solutions for advanced analytics. The acquisition will strengthen Accenture’s industrial AI services to...
TCS surpasses Accenture in m-cap to become world’s most-valuable IT company
India's largest software exporter Tata Consultancy Services became the most-valuable information technology company globally as it surpassed rival Accenture for the first time in terms of market capitalization. TCS closed 3.19% higher at Rs 2,825 on Thursday on the BSE bringing its market cap to $144.73 billion or Rs 10.6 trillion....
India Improves Investor Appeal
You may want to take a fresh look at business opportunities and investments in India, if a new World Bank report is to be believed. In November 2001, Goldman Sachs published a landmark paper where they identified India, along with Brazil, China, and Russia as the four “BRIC” economies that...
Accenture Inaugurates Innovation Hub in India
Dublin, Ireland-headquartered Accenture, launched its first Innovation Hub in Bangalore. The Hub features capabilities in artificial intelligence, intelligent automation, quantum computing, machine learning, robotics, Internet of Things, data and analytics, intelligent applications, intelligent platforms, liquid applications management, and experience-led transformation, among others. BusinessWire reports that the facility comprises 440,000 square feet...