The Indian Institute of Technology’s (IIT) Southern California alumni gathered on September 14 at the Long Beach Marriott to investigate whether "nerdy engineers" from the "Ivy League school of India" have had an image makeover to one of contemporary professional diversity. Currently, working in the U.S. are IIT alumni who...
India's Sun Pharma Expects to Win in China
With a recovery underway in its U.S. business, India's Mumbai-based Sun Pharmaceutical Industries Ltd., is scouting for a partner in China, where the government aims to drive down the cost of healthcare. China has rolled out a bulk drug procurement program that’s driving down prices and providing an opening for...
India's L&T Technology Wins Electrification Project from Europe
L&T Technology Services Limited (LTTS), a global engineering services company which is a subsidiary of Mumbai-based conglomerate Larsen & Toubro, has been selected as a strategic partner by an automotive manufacturer based in Europe for its electric Powertrain (e-Powertrain) practice. The multi-year engagement requires LTTS to provide a real-time technology...
Singapore Fund Invests in India's Infrastructure Sector
Singapore’s sovereign wealth fund GIC will invest over $600 million for a 49 percent stake in a private Infrastructure Investment Trust controlled by IRB Infrastructure Developers headquartered in Mumbai. As part of the transaction, IRB will transfer nine of its Build-Operate-Transfer assets into the Investment Trust in which IRB will...
NZ's Fonterra Reinvests in India's Dairy Market
After a decade's absence, New Zealand-based Fonterra will return to India -- one of the world's fastest growing dairy markets. The company said that it partnered with Mumbai headquartered retail major Future Consumer, part of Future Group, to make a range of consumer and dairy products. This JV was announced...
WWE Conducts First Tryout in Mumbai, India
Stamford, CT-headquartered World Wrestling Entertainment, Inc., (WWE) held its first tryout in Mumbai, India to scout for its next Superstar. Featuring more than 70 prospects from throughout the country, the camp was the biggest tryout in WWE history. During the four-day tryout, WWE selected Indian athletes to train at the WWE...