A Truist Bank branch in Chevy Chase, Maryland. (Photo: Tony Webster, CC BY 2.0, Wikimedia Commons) Truist Financial is expanding its work with Infosys on the bank's outsourced global capability center in Hyderabad, in southern India, according to a StreetInsider report of the Infosys announcement. The two companies plan to...
BlackstoneSays India at ‘Tipping Point’ for Foreign Investment
Blackstone says its investments in India have become its best performing anywhere in the world, and that the country is nearing what its president calls a "tipping point" for foreign capital. Jon Gray, president and chief operating officer of Blackstone, described the shift in an interview with Bloomberg Television's Wall...
India’s Bizongo Secures Funding from LA investor, others
Bizongo, an AI-powered B2B e-commerce platform, announced the appointment of Prahlad Krishnamurthi as its new Chief Executive Officer, effective immediately. Krishnamurthi replaces company founder Sachin Agrawal, who will remain on the board while the new CEO takes over operational leadership. The Bangalore-headquartered company has simultaneously secured $4.5 million in additional...
India’s Rising Popularity in the U.S. Market
India's influence in the U.S. market is experiencing significant growth, as evidenced by both consumer trends and business developments. The recent launch of Mattel's Diwali Barbie, which sold out within a day, exemplifies the growing American interest in Indian culture. Major retailers such as Target, Walmart, and Costco are expanding...
India’s IT Firms to train 500,000 developers on AI with Nvidia
Major IT companies in India such as Infosys, TCS, Tech Mahindra, and Wipro, are partnering with Santa Clara, CA-based NVIDIA to accelerate AI adoption through several initiatives: 1. Workforce Development: - Collectively training nearly 500,000 developers - Each company has established significant AI training programs for their employees 2. Technology...
On 2nd Trip to India Texas Governor Takes 16 Companies to Boost Trade
Governor Greg Abbott of Texas returned from a productive economic development mission to India organized by the Governor's Economic Development & Tourism Office and the Texas Economic Development Corporation. The Texas delegation also included business and economic development leaders from across the state, representing more than 16 companies, communities, and...