In its effort to support the startup ecosystem in India, Microsoft has launched a program for nurturing and scaling startups that leverage Artificial Intelligence (AI). Microsoft AI Innovate is a 10-week initiative that will help startups in India that work on AI technologies, to scale operations, drive innovation, and build...
India’s Welspun in Major Supply Deal with Target Stores
Mumbai based Welspun India signed an agreement to foster a strong, transparent, and sustainable business relationship with Minneapolis, MN headquartered retailer Target Corporation. The Indian company stock price jumped 9% following the announcement Retailer Target Corporation has over 1,900 stores in the U.S., while Welspun India is one of the...
India Nutraceuticals Grow at Double Digit Rates
The nutraceuticals market in India is expected to grow to $18 billion by the end of 2025, according to a report in the Times of India, the largest circulating English language newspaper in the country. Currently, the Indian market imports $ 2.7 billion worth of nutraceuticals. The dietary supplements segment...
Indian Scientists Develop New Tool to Detect Cancer
Indian scientists at the Singapore-based molecular diagnostic Tzar Labs and the Mumbai-based Epigeneres Biotechnology have developed a new method to detect cancer. The test, known as HrC, can categorize solid tumors, hematological malignancies, and sarcomas at the stage they're at. Both labs are led by nanotech scientist Vinay Kumar Tripathi...
Facebook Invests in Clean Energy in India
As part of its commitment to being carbon neutral, Facebook has signed a deal to buy renewable energy in India from a local firm's wind power project. This is the social media giant's first such deal in the South Asian nation. The 32 megawatt wind power project, located in India's...
Tesla Moves Forward with India Market Entry
Tesla Inc is scouting for locations to open showrooms in Mumbai, Delhi and Bangalore and has hired an executive to lead its lobbying and business efforts ahead of its planned entry into the country. The world’s most valuable automaker by market capitalization is looking for commercial properties as large as...