The National Basketball Association (NBA) announced the opening of the NBA Academy India, basketball training center, the first of its kind in the country, at Jaypee Greens Integrated Sports Complex in Delhi National Capital Region for the top male and female prospects from throughout India. Twenty-one elite male prospects, who...
Dr. Oetker Localizes for India
Founded in 1891 in northern Germany, Dr. Oetker is a family enterprise that manufactures frozen pizzas, cakes, yogurts and other products. In India since 2007, the company first introduced frozen pizzas and muesli in the country. However, the were unsuccessful in this venture since "the home baking division was not...
U.S. and India Explore Ways to Boost Trade, Investment
U.S. Trade Representative Ambassador Michael Froman, and Minister for Commerce and Industry, India, Nirmala Sitharaman met in Delhi on October 20, for the tenth ministerial-level meeting of the India and United States Trade Policy Forum (TPF), to discuss ways to further improve trade and investments relations. TPF is the premier...
Twitter Lays Off Engineering Team in India
Twitter is closing down its engineering operations out of Bangalore, India, and is laying off some 20 engineers in the process, the company confirmed to TechCrunch. The number is a very small percentage of its overall staff of 3,800 people internationally. The company will continue to operate three offices in...
Credit Suisse: Commodity-Intensive Growth Has Started in India
Swiss financial services company, Credit Suisse recently spent time in India to ascertain the status of mineral resources and commodities. “India looks to be firing at last,” was one of the headings in the bank’s report. The investigators had meetings with government agencies and companies in Delhi, Kolkata and Mumbai,...
Fair Wear Foundation Reports Improvements in India's Apparel Industry
A report by multi stakeholder Fair Wear Foundation, a European initiative working to improve workplace conditions in the garment and textile industry, highlights positive factors in India's garment industry. Apparel Resources reports that Fair Wear Foundation India Country Study 2016 found no child labor in the garment industry of the...