Based in Japan, Fast Retailing Co., Asia's largest clothing chain that owns the Uniqlo brand applied for approval to open stores in India. The brand’s international store count surpassed the number of locations in Japan two years ago. In India it will compete with Spanish clothing retailer Zara, Swedish clothing-retail...
European Researcher Concludes that Vedas Improve Brain Function
Among India's ancient learning methods, textual memorization is the norm: traditional scholars ("pundits"), master many different types of Sanskrit poetry from the Vedas, the oldest scriptures of Hinduism. Pundits train for years to orally memorize and exactly these texts ranging over 100,000 words. Dr. James Hartzell, a postdoctoral researcher at the...
U.S. Tops All Destinations for India’s Engineering Products
Engineering Export Promotion Council of India — the apex body for Indian engineering exporters — says that the demand for Indian engineering goods in many of the developed economies and especially in the U.S. has increased sharply. Shipments of engineering exports to the U.S. went up 91 percent to $1.53 billion...
India Tops in Trust of Institutions in Global Report
An online survey of more than 33,000 respondents conducted between October 13 and November 16, 2016 by Edelman, the world's largest public relations firm, and reported in the 2017 Edelman Trust Barometer, revealed that trust is in crisis around the world, and the largest-ever drop in trust was recorded across...
Ferrero Rocher to Double its Investment in India
In an interview with the Economic Times, Roberto Grasso, India managing director of the Italian Ferrero Rocher brand of candies, outlined his company's growth and said that the company will double its investment to $256 million in the next few years. Ferrero entered India a decade ago, and: Has an...
Fincantieri of Italy to Collaborate with Defense Shipyards in India
Trieste, Italy-based shipbuilding company Fincantieri has signed a contract with Mazagon Dock Limited, an Indian shipyard controlled by the Ministry of Defense and specialized in the building of naval and offshore units, to provide technical advice within the Project 17A. This project includes the construction of 7 stealth frigates 488...