Shipping and logistics giant A.P. Moller - Maersk said in a customer advisory that its "MECL service"—which connects India with the Middle East, North Africa and North America — is operating with consistent weekly departures and that demand is expected to rise further soon, Analysts anticipate a strong likelihood of...
India Sources American “Cooking Gas”
India plans to source close to 10% of its cooking gas Liquefied Petroleum Gas (LPG) imports from the U.S. starting in 2026, marking a significant shift in its energy procurement strategy. This move is aimed at diversifying suppliers beyond its current reliance on the Middle East and boosting energy-related trade...
India, a Potential Bright Spot for Uber
Uber Technologies Inc's chief executive Dara Khosrowshahi aims to deliver a profit by pursuing growth from emerging markets such as India. Uber's stock plummeted 27 percent after a lukewarm initial public offering in May this year, but now the venture-funded private company is aggressively pushing into new markets, and will...
India's Stock Market Raises $11.6 Billion in 2017
153 initial public offering hit the Indian stock market in 2017, raising $11.6 billion according to an industry report. The report added that the market "looks good" for 2018 as well. The stability of the political landscape in India with continued focus on reform agendas by the government and significant tax...
Levi's Consolidates S. Asia, N. Africa and Middle East Businesses
San Francisco-based denim corporation Levi's merged its South Asia market operations with those of the Middle East and North Africa citing common consumer preferences and synergies across these markets. These three geographies account for $200 million in wholesale revenue, and form the fastest growing business unit within Levi's globally. The...
SunTrac Collaborates with India's Perfect Infraengineers
SunTrac Solar Manufacturing LLC., a Wyoming limited liability company with its office in Tempe, AZ, entered into a collaboration with Mumbai, India-based Perfect Infraengineers. Perfect Infra now has the license to manufacture SunTrac's hybrid thermal systems, a proprietary technology, that integrates with heating, ventilation and air-conditioning, and refrigeration devices reducing...