Semiconductors and telecom major Qualcomm will invest $400 million to set up its largest facility outside its headquarters at San Diego, CA., at Hyderabad in India's southern state of Telangana. Phase-1 of the project will include a built-up space of 1.7 million square feet to house 10,000 employees. Qualcomm already...
American Companies Top in Leasing Commercial Space in India
In India, American companies occupy about 45 percent of the grade ‘A’ space, as they continue to expand operations leveraging the low cost and highly-skilled resource base in the country. Companies from India account for 35 percent of the office real estate absorption, while those from the European Union take...
India Becoming R&D Hub for Multinationals
Multinational from the Americas, Europe, and APAC have set up research hubs to work in the areas of R&D, Business Process Management and IT. More than 1,000 multinational companies have established engineering and research and development centers — known as global in-house centers or GICs — in India. Among these...
Microsoft Ventures Evinces Interest in India's Startups
San Francisco, CA-based Microsoft Ventures is looking at investing in India's startups. Peggy Johnson, executive vice-president for business development said, "Microsoft Ventures is not here [in India] yet. We intend to come to this market…there will be an explicit commitment for India." The company already services about 5,000 Indian startups...
Google Cloud Platform Launched in India
Google announced that its first Google Cloud Platform region in Mumbai, India, is now live. It offers several services including computing, big data, storage, and networking. Customers will be able to pay in Indian currency for the services. The launch marks Google's entry into this domain in India where it trails...
Microsoft Collaborates with Indian Institute of Technology
Microsoft is working with professors at the Indian Institute of Technology at Kharagpur to develop a search engine that will assist users looking for subjective information and trusted opinions. While current search engine algorithms work well with fact-based queries and can provide structured answers, queries based on human experiences and personal...