Emerging countries are home to ninety percent of the world’s infectious disease burden, while changing habits are increasing the incidence of chronic and lifestyle-related illnesses in these markets. In sectors such as energy, telecom, infrastructure, and consumer products, large companies are significant players in emerging economies. However, according to the...
HBR: Why Global Firms Should Continue Investing in India
In an article in the Harvard Business Review, Vijay Govindarajan, Coxe Distinguished Professor at Dartmouth’s Tuck School of Business, and Ravi Venkatesan, former chairman of Microsoft India and Cummins India, discuss 3 Reasons Global Firms Should Keep Investing in India. Excerpts from the article: India's infrastructure spending is growing "Companies...
India Improves Investor Appeal
You may want to take a fresh look at business opportunities and investments in India, if a new World Bank report is to be believed. In November 2001, Goldman Sachs published a landmark paper where they identified India, along with Brazil, China, and Russia as the four “BRIC” economies that...
Cummins to Expand Pune Tech Center to 2,000 Engineers
ETAuto reports that generator and engine maker Cummins will hire 500 additional engineers for a global R&D hub that is being expanded in Pune, in the western state of Maharashtra. “We are investing $160 million in that. It will be one of the largest technical centers globally,” said Anant J....
Cummins to hire 2,500 in USA, Sales in India up 37 percent
Cummins Inc.'s (CMI) fourth-quarter profit climbed a better-than-expected 34% as strong sales in India and other BRIC countries offset weaker demand in the engine-maker's North American market. The maker of truck engines and power generation systems continues to expect growth, with plans to add about 2,500 U.S. jobs this year...
Cummins India stock hits all-time high after stellar Q1 numbers
The share price of Cummins India jumped 3.05% to Rs 658 at 12:30 IST on BSE, after net profit surged 56% to Rs 140.23 crore on 45% rise in net sales to Rs 910.01 crore in Q1 June 2010 over Q1 June 2009. The large-cap stock had outperformed the market...