There are 27 unicron startups from India, each worth over a billion dollars. At least two of them have expanded beyond India's shores, Oyo which provides hotel rooms and Ola, a ride sharing service. While Ola has expanded to a number of countries recently, it just seized upon its biggest...
U.K.'s Diageo Engages with Governments in India
Headquartered in London, multinational alcoholic beverages company Diageo PLC is trying to win over dozens of local and state governments in India that want to either ban liquor or tax it heavily, even as consumption is soaring. To protect and improve sales, Diageo is helping a number of Indian states develop tax...
Verizon Executive Says India as Innovative as China or U.S.
Speaking to CNBC at the One Young World conference in London, Ronan Dunne, executive vice president and CEO of Verizon Consumer, said a widely-held view that tech innovation was a two-player race misrepresented the real competitive state of technology and telecoms. "India’s probably as big a force in globalization these...
In Three Years Automation in Factories to Double in India
According to a survey by London U.K.-headquartered Willis Towers Watson, automation will double over the next three years in Indian factories. Companies in India expect use of automation in the workplace to increase from a current 14% to 27% in three years; higher than the global and APAC average. ...
Laureti to Launch DionX Electric SUV in India
London based Laureti Automotive Corporation will launch its electric SUV, DionX, in India in 2021 as part of its plans to provide clean mobility solutions in the country. Additionally, the company will invest $370 million to set up a manufacturing facility at Puducherry (earlier known as Pondicherry) in southern India,...
Growth Slows in China, Rises in India
According to London, U.K.-based Capital Economics, an independent economic research company, China's period of par excellence performance might be ending soon. In its 'Long-Term Global Economic Outlook' the firm says that China's policies of high investment and rapid debt accumulation, make it vulnerable to a sharp deceleration. China's export-driven growth...