Commonwealth Secretary-General Patricia Scotland launched the Commonwealth Innovation Hub on April 16 the opening day of the 2018 Commonwealth Heads of Government Meeting in London. On the sidelines of the Meeting, a Commonwealth Innovation Index was launched where India was ranked at 10th position topped by the United Kingdom, Singapore,...
India is Top Recipient of Greenfield FDI from the Commonwealth
The 'Commonwealth Trade Review 2018: Strengthening the Commonwealth Advantage', compiled by the Commonwealth Secretariat, says that India is the top recipient of foreign direct investment (FDI) from within the Commonwealth and is the second-most lucrative source of investment within the 53-member organization after the U.K. "Between 2005 and 2016, India...
IBM Grows in India, While Shrinking in China & USA
While its revenue shrank globally, India was one of the fastest growing geographies for IBM in 2017. IBM India’s revenue grew by 8.6% in reported currency for the year. Mexico, Spain, France, Canada, and Brazil also reported growth. China declined by 10% in constant currency. Many other geographies declined too,...
Trudeau Announces $1 Billion in Bilateral Investment with India
During his week-long visit to India in February, Canadian Prime Minister Justin Trudeau met six of the country’s most influential business people, making deals that he said will create more than 5,800 new jobs in Canada. Some of India’s biggest companies have said that they will invest more than $250...
India, Canada Groups Cooperate on Blockchain Technology
India's tech industry body Nasscom and Canada's Blockchain Research Institute will create a center of excellence in India to provide "high-end technology capabilities." Canadian government-backed researchers will partner with India's tech industry to explore the use of blockchain in government and academic institutions, as well as businesses. Blockchain Research Institute...
India Ranks 3rd among Top 10 Countries for LEED Green Buildings
With more than 752 LEED-certified projects totaling over 20 million square meters of space, India ranks third on the US Green Building Councils (USGBC) annual ranking of the top 10 countries for Leadership in Energy and Environmental Design (LEED) certified buildings. Rank Nation Number of Projects Gross Square Meters 1....