San Francisco-based AngelList, a crowdfunding platform and start-up community, launched ‘Syndicates for India’— a way for investors in India to invest alongside experienced angels and venture investor funds that invest in India’s vibrant tech ecosystem. For investors, syndicates are a private single-deal investment vehicles that let an investor invest in...
Ten Most Significant Changes in India in the Last Decade
Forbes documents the top ten most significant changes that India has witnessed from 2010 to 2017. Read a lightly edited summary of these below: 1) Emerging as one of the largest economies The recent economic expansion noted in India has brought a record number of people out of poverty. A...
Multinationals Bullish on Warehousing in India
Due to growth in both the consumer sector and e-commerce in India, overseas investors and real estate players are increasingly investing in warehousing and logistics. Key players such as Singapore's Ascendas-Singbridge, Assetz Property Group, Ohio-based Logos Realty, Canada Pension Plan Investment Board and the Everstone Group, among others, have made...
OECD: India at the Top of Governmental Confidence League
According to the latest edition of the Paris-based Organization for Economic Cooperation and Development's Government at a Glance 2017 report, India, with a citizen support of 73%, is at the very top of the governmental confidence league. Canada ranks second with 62%. Forbes says: Trust in government is vitally important....
New Jersey based ATCS Sets Up Innovation Lab in India
New Jersey-based IT solutions company Advanced Technology Consulting Service (ATCS) expanded its operations in India by recruiting new staff and setting up its first Innovation Lab (I-Lab) in Jaipur, in the western state of Rajasthan. The company also opened a new office in Bangalore. "The I-Lab not only serves as...
Indian Oil Corporation to Buy American Crude Oil
State-owned Indian Oil Corporation floated its first tender to purchase high-sulfur, or sour, crude from North America as it seeks to diversify imports. BusinessLine reports that India's largest oil refiner is seeking to buy the crude grades Mars, Southern Green Canyon and Thunderhorse from the United States, and Western Canadian...