Halli Labs, where Halli (pronounced Hull - Lee) means 'village' in Kannada, the language of the southern state of Karnataka in India, is the latest AI startup acquired by Google. Based in Bangalore, the four-month-old startup's focus is building deep learning and machine learning systems to address what it describes as...
Rolls-Royce to Increase R&D Headcount in India
Rolls-Royce plans to increase its workforce to three times its current number at its research and development center in Bangalore, India, by end of this year. Rolls-Royce Director Benjamin Robert Story and Rolls-Royce India President Kishore Jayaraman met Federal Minister for IT Ravi Shankar Prasad to express their interest in...
Amazon Considers Inorganic Growth in India
After buying Whole Foods in the United States, Amazon is targeting groceres in India. Bangalore, India-based BigBasket, a five-year-old e-grocer, has signed a 60 day exclusivity agreement with Amazon India during which time Amazon will conduct a due diligence on the company's assets with a view to acquisition Valued at...
Intel Invests $178 Million for R&D in India
Santa Clara, CA-based Intel Corporation will invest $178 million in India to set up a new research and development center in Bangalore said Intel India's general manager Nivruti Rai at a news conference. This fresh investment is in addition to the $4.3 billion Intel invested in the country over the...
Shell Inaugurates Technology Center in India
British-Dutch oil and gas multinational Shell opened a new major technology hub in Bangalore -- a 52 acre, custom-built facility - that can house up to 1,500 scientists and engineers, who will work on worldwide innovative energy projects. This third center, which is similar to those in Amsterdam and Houston,...
Panasonic Announces its First India Innovation Center
Osaka, Japan-based Panasonic will jointly work with India's Tata Consultancy Services (TCS) at its Center of Excellence - a part of the India Innovation Center - that it set up at TCS's campus in Bangalore. Both companies will drive innovation and create new business opportunities in the Internet of Things...