Founded in 1923, Hummel, a sportswear company based in Aarhus, Denmark, inaugurated five stores in India and plans another ten by the end of this year. The first five stores, which are franchised, are located in Bangalore, Pune, Chennai, Surat, and Amritsar. Soumava Naskar, managing director of Hummel India, said...
ThoughtSpot Invests Additional $25 Million in India Facility
ThoughtSpot, a Search- and AI-driven Analytics platform headquartered in Sunnyvale, CA, announced plans to invest an additional $25 million in its engineering center in Bangalore, India. The funds will be used to expand its platform as also begin business operations in India to bring augmented analytics to enterprises throughout the...
Google Expands its gChips Workforce in India
Google is expanding its gChips team at its new Bangalore site, including executive and technology professionals. By the end of 2019, Google expects to onboard 70 employees. Bangalore has become a popular technology hub, attracting large and specialty technology companies that are seeking seasoned professionals and rising talent. The city is...
India's Team Indus to Design Equipment for NASA's Moon Lander
NASA is following up its Apollo mission to the Moon with its new mission Artemis in 2024, and has selected three commercial Moon landing service providers that will deliver science and technology payloads under Commercial Lunar Payload Services as part of the Artemis program. The three consortia that will design...
Harman Increases Automotive Electronics Manufacturing in India
Stamford, CT-based Harman, a wholly-owned subsidiary of Samsung Electronics Company, announced an expansion to its automotive electronics manufacturing plant at Chakan, near Pune, in India's state of Maharashtra. Established in 2014, this plant currently manufactures highly sophisticated connected car solutions including automotive infotainment units for India’s domestic and global automotive...
Morgan Stanley Invests in India's Manipal Health
New York City headquartered Morgan Stanley's India Infrastructure arm will invest $14 million in Bangalore-based Manipal Health Enterprise Private Limited. HealthMaP Diagnostics Private Limited, a joint venture between Manipal Health and Philips India Limited, will use the capital to expand its presence to 75 centers in the next three years....