Sanofi, has announced a significant investment plan for its global capacity center (GCC) in Hyderabad, India. The company intends to invest $437 million in the facility by 2030, with an initial investment of $109 million planned for next year. This strategic move aims to expand the company's operations and more...
Among Overseas Screenings, Indian Movies Gross Highest in U.S.
Movies from India featuring megastars with a global appeal, coupled with the backing of affluent production houses, reaped millions of ticket sales around the globe in 2017. The Indian film industry grew 27 percent last year due to box office growth in both domestic and international markets, according to a...
India's Stock Market Raises $11.6 Billion in 2017
153 initial public offering hit the Indian stock market in 2017, raising $11.6 billion according to an industry report. The report added that the market "looks good" for 2018 as well. The stability of the political landscape in India with continued focus on reform agendas by the government and significant tax...
Walmart India Sales Exceed $630 Million
"This year, India was made a priority market for Walmart, which means we’re getting more resources, more talent. This will help in accelerating stuff, and investments in the back-end and the supply chain will happen," Krish Iyer, president and CEO, Walmart India, said. It was not always this way. Four...
Global Executives Rate India as Most Attractive Investment Destination
32 percent of 505 global investors named India as the favored market for investment according to a survey published by accounting firm Ernst & Young. China was second with 15 percent of the vote, followed by S.E. Asia, Brazil and N. America. “There is no doubt that interest in India...
India: Most Attractive Investment Destination
India has overtaken China as the most attractive investment destination, according to Ernst & Young (EY), with the sharp depreciation in the rupee and opening up of new sectors to foreign players boosting the South Asian nation's allure. This according to report published on CNBC. Companies are most likely to...