To support its activities in over thirty global markets, Chicago, IL-based TransUnion, the credit rating agency and global risk information provider, plans to double its employees at its global in-house center in Chennai, to over 1,000 in the next twelve months. TransUnion’s growth in Chennai will take place across multiple...
Novel Wheelchair Launched- Sit or Stand
In collaboration with Chennai headquartered Phoenix Medical Systems, the Indian Institute of Technology Madras, launched India’s first in-house designed wheelchair Arise that enables a disabled person in a wheelchair to shift from sitting to standing position, and vice versa, independently, and in a controlled manner. The device was designed by...
India to Develop Thorium-Based Power Generation Program
With limited domestic uranium ore, but thorium more than sixty percent of the world’s reserves, India hopes to generate energy for the next four hundred years using thorium. But it has yet to generate the first commercial electricity using this locally abundant fuel. 18,000 villages in the country need electricity...
French Groupe PSA Launches Technical Center in India
PCA Motors India, subsidiary of Groupe PSA the French multinational manufacturer of automobiles and motorcycles sold under the Peugeot, Citroen, DS, Opel and Vauxhall brands, launched an India Technical Center in Chennai, Tamil Nadu. The Center will house the departments of Research and Development, Programs and Projects, a Global Purchasing...
Y-Combinator Portfolio Co Guarantees a Job Offer
Chennai, India-based Skill-Lync, an online education company is developing a service that helps India’s estimated 1.5 million mechanical engineering graduates to further develop their education into the skill sets that employers in the U.S. seek. The company is part of the Y Combinator, a startup fund based in Mountain View,...
Danish Fashion Brand Hummel Opens 5 India Stores
Founded in 1923, Hummel, a sportswear company based in Aarhus, Denmark, inaugurated five stores in India and plans another ten by the end of this year. The first five stores, which are franchised, are located in Bangalore, Pune, Chennai, Surat, and Amritsar. Soumava Naskar, managing director of Hummel India, said...