With the aim of hiring employees for roles in engineering, manufacturing, and product development, plane maker Boeing said that it will cut 150 finance jobs in the U.S., with more to come next year, to simplify its corporate structure. The company informed the nonunion corporate staff in an all-hands virtual...
6 Cities of India in Top Tech Hubs List across APAC
According to a report by Chicago, IL headquartered real estate services Cushman and Wakefield, globally, 46 top tech markets were identified from more than 115 tech cities in total. While Beijing leads the list, six of the 14 cities in the Asia Pacific region, based on the key evaluation metrics...
Automaker Fisker Inc. Launches Engineering Center in Hyderabad
450 miles southeast of Mumbai, Manhattan Beach, CA-based Fisker Inc., set up its new headquarters for operations, in the Indian city of Hyderabad. The technical center in Hyderabad called Fisker Vigyan India Pvt Ltd, will focus on software development and embedded electronics, virtual vehicle development support functions, data analytics, and...
Sunnyvale, California Accelerator Expands to Hyderabad
Plug and Play, early stage investor, accelerator, and corporate innovation platform with global headquarters in Sunnyvale, will set up its first India center in Hyderabad. CEO Saeed Amidi said that the facility will be officially launched in the first week of December. The Hyderabad center will focus on building the...
Chrysler Invests $150 Million in New Hyderabad Tech Center
Fiat Chrysler Automobiles (FCA) announced an investment of $150 million to set up a new Global Digital Hub in Hyderabad, Telangana. The proposed innovation and technology development facility will be FCA's first in India as well as the largest hub outside of North America. It will focus on niche technology...
Flipkart to Expand Warehousing Infrastructure
Walmart-owned online e-commerce company Flipkart announced plans to add more than 800,000 square feet of space and 5 new fulfillment centers to strengthen its grocery supply chain infrastructure. These centers will be located at Delhi, Kolkata, Chennai, Coimbatore and Hyderabad over the next three months. The additional capacity will help...