WindStream Technologies announced that it has closed a Joint Venture agreement with West Coast Ventures (India) Pvt. Ltd., based in Chennai, and DEEPAN Energy Venture LLP, which has committed $2 million dollars for an equity stake in the JV. The new company, WindStream Energy Technologies, India, Pvt. Ltd., will establish...
American Tourists to India Can Now Get Visas More Easily
Most American tourists can soon obtain visas to travel to India much more easily. The new plan does not help business travelers. According to media reports, this single-entry tourist visa is valid for 30 days, and a traveler may apply twice in a year. You submit an online application, pay...
Gov. Hayley’s India Trip to Attract Jobs to U.S.A.
The newly re-elected Republican governor of South Carolina, Ms. Nikki Hayley arrives in India on November 13 on a 10-day mission involving the state's commerce and tourism agencies. Gov. Hayley will be traveling to the Indian cities of Amritsar, Chandigarh, Chennai, Mumbai, and New Delhi hoping to persuade companies to...
Investors’ Growing Appetite for Vehicle-Rental Startups in India
Indian vehicle-rental startups focused on urban transportation needs are getting funding by US venture capitalists. With one of the world’s lowest car-ownership rates–18 out of 1,000 people, according to the World Bank — India has a large pent-up demand for vehicles. Sequoia Capital has invested $8 million in Zoomcar, an...
GE Healthcare Funds University Innovation
GE Healthcare has funded a three year $150,000 project to develop affordable medical technologies in the areas of cardiovascular care, oncology and maternal and child healthcare. The project will identify, assess and evaluate appropriate technology solutions and then, create equipment accordingly. Professor Mohanasankar Sivaprakasam, Head, Healthcare Technology Innovation Centre (HTIC),...
Covidien creates India training center
Further developing its capabilities in India, Covidien PLC has opened a training and education center in India. Quoted in MarketNews Brian D. King, President Emerging Markets said “The Covidien Center of Innovation India in Mumbai offers clinicians training on advanced procedures and techniques using leading equipment and technology. The top...