Siemens is locating a center of competence for innovation in digital technologies such as data analytics, artificial intelligence, immersive technologies like augmented and virtual reality, user experience, and cybersecurity in India. The company has Innovation Hubs in the United States, Germany, and China in addition to this one in Bangalore....
Conde Nast launches technology lab in Bangalore
Conde Nast, a media company headquartered in New York and London announced the launch of a technology lab in Bangalore. The company would hire a new team of 60 people this year and over 300 by 2021-end to design and build the next generation of digital content platforms and experiences...
Norway's Orkla to acquire another Indian Consumer Company
When I lived in Bangalore, one of the hottest restaurants in town was the Mavalli Tiffin Room, known to everyone at MTR. The owners of the restaurant diversified into the into the instant food business, selling spices and ready-to-eat south Indian snacks and condiments such as "chutneys" and "rasams. MTR products rapidly...
India's Opto Circuits Supplies Oximeters, Digital Thermometers
Bangalore-based Opto Circuits, a medical device company that also owns subsidiaries in the Unites States says it has received orders for supply of pulse oximeters and thermometers from global customers, as the demand for these products have increased substantially due to Covid19. The company manufactures Pulse Oximeters, Multi Para Monitor...
Cloud data manager Rubrik opens R&D center Bangalore
Cloud data management company, Rubrik opened a new R&D center in Bangalore to accommodate its global engineering team. The company said the demand for its data management solution had grown significantly. “With the new R&D center, Rubrik is proving it’s unique dual development center strategy and strengthening strategic business and...
India, a Potential Bright Spot for Uber
Uber Technologies Inc's chief executive Dara Khosrowshahi aims to deliver a profit by pursuing growth from emerging markets such as India. Uber's stock plummeted 27 percent after a lukewarm initial public offering in May this year, but now the venture-funded private company is aggressively pushing into new markets, and will...