GE Aviation, a division of Boston-based General Electric, and Tata Advanced Systems Ltd., entered into a partnership to manufacture components for engine-maker CFM International at a new factory that they will build in Hyderabad, India. (CFM International is a joint venture between GE Aviation, and Safran Aircraft Engines of France.)...
Revlon to Expand Retail Footprint in India
Operating in India since 1995, New York headquartered Revlon currently has 27 retail outlets across the country. The company will launch a significant number of exclusive stores in India to bring up this number to 100 by the end of 2017, reports CosmeticsDeisgn-Asia.com. Estimated at $10 billion, India's cosmetics market...
P&G's Gillette Rebounds from Flop in India
Gillette, a unit of Procter & Gamble, sells an India-specific razor, the Guard for 15 rupees, or 34 cents, and each razor blade is just12 cents. Guard has grown share faster than any other P&G brand in India. And Gillette's market share for razors and blades in India has grown...
India's OnMobile Global to buy Boston company
Bangalore-based mobile value-added services provider OnMobile Global Ltd has entered into a definitive agreement to acquire Boston-headquartered Livewire Mobile, a provider of managed mobile entertainment solutions for network operators and device manufacturers. It will pay $17.8 million for the purchase of LiveWire’s business assets and some liabilities, subject to specific...