Japanese multinational Fujifilm Corporation has chosen India as a base to try out and fine tune a healthcare screening service model to be developed into a global chain of artificial intelligence-driven preventive healthcare screening centers in the coming year. Branded NURA, the company has opened two centers that offer AI-aided...
India-Based IGT Solutions Expands to Knoxville, TN
Gurugram, Haryana headquartered IGT Solutions that provides integrated Business Process Management, Technology, and Digital Services & Solutions across industries, will invest $3.9 million to expand its operations in Knoxville, Tennessee. The project is expected to create 200 new jobs. This project will comprise an inbound call center and a technology...
Reckitt Benckiser to Enter e-Commerce in India
U.K.-based multinational consumer goods company Reckitt Benckiser plans to sell some of its premium products directly to consumers in India via the specific websites of its brands such as Dettol, Strepsils, Durex, Veet, and Harpic, among others. Reckitt Benckiser signed a partnership agreement with Gurugram-based logistics and supply chain company...
Mercer Acquires India's HR Tech Startup Mettl
Headquartered in New York City, global HR consultancy Mercer, a subsidiary of Marsh & McLennan Companies Inc., acquired online assessment platform Mettl based in Gurugram, India. Ilya Bonic, global president of Mercer’s career line of business believes that the acquisition signifies Mercer’s entry into the rapidly-growing global talent assessment market...
Blackstone to Invest in Second Auto Components Maker in India
Having acquired Chennai-based auto parts maker Comstar Automotive Technologies Private Limited for $150 million in April this year, New York-based Blackstone Group L.P. is set to invest in Gurugram-headquartered auto components maker Sona BLW Precision Forgings Limited. Blackstone will initially invest a minority stake, and will later increase its shareholding in...
Ikea Expands Footprint in India
Swedish furniture and home furnishing retailer Ikea inaugurated its first store in India on August 9 in the southern city of Hyderabad and will soon have two more. The 400,000 square foot facility in Hyderabad has the biggest Ikea restaurant anywhere in the world, with seating for 1,000 people. In India,...