Injectable generic drugs maker Hospira Inc said it plans to buy a factory and a research center from India-based Orchid Chemicals & Pharmaceuticals Ltd for $200 million. The factory, located in Aurangabad in India's western state of Maharashtra manufactures active pharmaceutical ingredients. It was constructed in 2000 and has 640...
Scrappy Cavin Kare battles Unilever and Procter & Gamble with innovation and nimbleness
Chennai, India based CK Ranganathan and the company he founded, Cavin Kare, became noticed first with the success of Chik shampoo in single-use sachets that cost half a rupee. Even today most shampoo sales in India are units sold at about 2 cents a piece. As this feature story, shows...
Yahoo Opens "Big Data" Research Lab at IIT Madras
Yahoo! India's R&D unit has set up a grid computing lab at the Indian Institute of Technology, Madras in Chennai, India to facilitate research on “big data” and cloud computing. This cluster of high-end servers at the lab will allow researchers to access web-scale data and conduct research on big...
Seacret premium skin care expands in North and South India
Sold in shopping centers throughout North America, Seacret is a premium skincare product family with key ingredients derived from the Dead Sea. The Phoenix, Arixona company's products are available internationally in South America, Australia, New Zealand, Europe, Thailand, Japan and Israel and now LMG Retail of Chennai is selling it...
India's share of global exports doubles since 2000
According to an article in the Economist, Pune in west India, has won the steely hearts of Germany’s car firms. Inside a $700m Volkswagen plant on the city’s outskirts, laser-wielding robots test car frames’ dimensions and a giant conveyor belt slips by, with sprung-wood surfaces to protect workers’ knees. It...
Hyatt Hotels expands in India
Hyatt Hotels Corp. signed two new management agreements in India, bringing its total to 56 properties in the country. Opening at the end of 2014, the 275-room Andaz Gurgaon (in the New Delhi National Capital Region) will feature a spa and fitness center and 11,500 square feet of meeting space....