Amazon India launched a Silent Delivery Station in Mumbai in collaboration with Mirakle Couriers a Mumbai-based service partner that employs people with hearing loss. The silent delivery station is part of the last-mile service partner program of Amazon Logistics, where entrepreneurs act as Amazon India’s local distribution network providers, and...
India's Ipca Labs Acquires U.S.-based Pisgah Labs
Mumbai-based Ipca Laboratories announced the acquisition of a 100 percent share capital of Pisgah Labs Inc., a North Carolina corporation, by the company's wholly owned subsidiary Ipca Pharmaceutical Inc., U.S.A., and Onyx Scientific Ltd., U.K. (Ipca Labs' wholly-owned step-down subsidiary) for $9.65 million, free of debt. Since its incorporation in...
Israel's Netanyahu Hails "New Era" in Ties with India
Benjamin Netanyahu, the first Israeli prime minister to visit India in 15 years, accompanied by his wife Sara on a six-day visit to India, were given a warm welcome by Prime Minister Modi. Driving the growing ties is both leaders' shared worldview for national-security and free-markets. Both see Israel's technology-oriented...
Nielsen Renews $2.25 Billion Contract with India's TCS
Mumbai-based Tata Consultancy Services Ltd (TCS) won a $2.25 billion contract, the largest ever for an Indian information technology firm, from U.K.-based television ratings measurement company Nielsen. Under this contract, TCS is assured of $320 million in business from Nielsen every year, beginning 2017 through 2020, $186 million in annual...
Three of India's States Consider Hyperloop Installations
In October, I blogged about Hyperloop Transportation Technologies first agreement with India's eastern state of Andhra Pradesh's Economic Development Board, to facilitate the development of HTT’s Hyperloop Transportation System in the state. In November, Los Angeles-based Virgin Hyperloop One entered into a partnership with the government of Maharashtra for exploring...
India's Mahindra Opens Michigan's First new Auto Factory in 25 Years
Already with a large presence in the U.S. tractor market, Mahindra and Mahindra, an Indian multinational car manufacturing corporation headquartered in Mumbai, launched a new manufacturing facility in Auburn, Michigan, where the company plans to build off-road vehicles. The new facility is part of the company’s expansion plans, and becomes...