With the grocery business in India being dominated by big names such as Flipkart, Walmart, Amazon and Grofers, as well as supermarket chains, smaller family-owned kirana stores are finding ways to stay relevant in this sector. The biggest advantage the kirana's have is proximity to the customer as well as...
Quanticate Inaugurates Third Office in India for Clinical Research
U.K.-based and global data-focused clinical research organization Quanticate opened a new office in Mumbai. The site will complement Quanticate’s existing offices in Bangalore and Hyderabad and will deliver statistical consultancy and statistical programming services to pharmaceutical, biotechnology, and medical device companies across the globe. Alan Morgan, chief operating officer at Quanticate said, "By expanding...
Blackstone-Owned Mphasis Acquires Stelligent Systems LLC
Bangalore, India-based Mphasis Limited, an IT company that is majority-owned by private equity firm Blackstone, has acquired Reston VA-based automation company Stelligent Systems LLC in an all-cash deal worth $25 million. "Our engineers will greatly benefit from being part of a larger, complementary tech-centric community; as well as serve enterprises...
Boeing Receives 1000th Super Hornet Assembly Part from India
Bangalore, India-based SASMOS HET Technologies Limited, a manufacturer of wiring harnesses, electro-mechanical assemblies, and unit integration products, delivered the 1000th F/A-18 Super Hornet electrical panel assembly, to Renton, Washington-based Boeing Company on schedule. Karl Jeppesen, vice president, Boeing Defense, Space & Security Supply Chain, said, "This delivery is not just...
Ikea Expands Footprint in India
Swedish furniture and home furnishing retailer Ikea inaugurated its first store in India on August 9 in the southern city of Hyderabad and will soon have two more. The 400,000 square foot facility in Hyderabad has the biggest Ikea restaurant anywhere in the world, with seating for 1,000 people. In India,...
Qualcomm to Set Up Campus in India
Semiconductors and telecom major Qualcomm will invest $400 million to set up its largest facility outside its headquarters at San Diego, CA., at Hyderabad in India's southern state of Telangana. Phase-1 of the project will include a built-up space of 1.7 million square feet to house 10,000 employees. Qualcomm already...