Dublin Ireland-headquartered Medtronic Plc., announced that it will provide ear care to 10 million underprivileged people in India by 2025 through its program called 'Shruti' (a term that means 'hearing' in Sanskrit). Medtronic plans to use its health system innovation Shruti to assess and improve screening and treatment protocols, measure...
Trek Bicycles Expands Operations in India
Waterloo, WI-based Trek Bicycle Corporation launched 34 bicycle models in the premium and super premium category in India's cities of Delhi-NCR, Mumbai, Bangalore, Hyderabad, Chennai, and Indore. Prices range from $305 for the road bikes to $2,600 for the hybrid models. The company also offers a wide range of cycling...
In India, Starbucks Localizes, Aims to Enter Tier-II Cities
Tata Starbucks Private Ltd., the equal joint venture between Seattle, Washington-based Starbucks Coffee Company and India's Tata Global Beverages Ltd., will focus on regional culinary innovations and expanding its market to tier-II cities of India. Since starting operations in the Indian market in October 2012, it has a total of...
IBM India Targets Banking, Telecom, IoT
In India since 1951, IBM India has expanded its operations with regional headquarters in Bangalore and offices across 20 cities. "The biggest growth for us is going to come from the financial services. We are going to consolidate telco and look at new revenue streams because telco is an industry...
Britain's Apax Partners to Acquire India's Healthium Medtech
British private equity firm Apax Partners LLP., headquartered in London, England, is set to acquire India’s largest surgical and wound care products maker Healthium Medtech (formerly Sutures India) in a deal estimated at $400 million. San Francisco- and Fort Worth-headquartered private investment firm TPG that held a 73% share in Healthium,...
Global, Indian Companies to Boost Smartphone Adoption in India
Google and India's telecom company Bharti Airtel have partnered to launch low-cost 4G smartphones powered by Android Go, a trimmed down version of Android 8.1 Oreo, in India. Noida-based Lava International Limited and New Delhi-based Micromax, will make the first set of 4G handsets powered by Android Go. Vani Venkatesh, chief...