AstraZeneca opened a new corporate office in Mumbai, in western India, on October 16, 2026, according to a stock exchange filing by AstraZeneca Pharma India, the company's India unit. Devendra Fadnavis, Chief Minister of the state of Maharashtra, inaugurated the 25,600-square-foot office. The office will house the company's commercial operations,...
Best BuyTranfers Its India Technology Center to TCS
Tata Consultancy Services (TCS) will take over the India global capability center of Best Buy, the consumer electronics retailer based in Richfield, Minnesota. TCS, a technology services company headquartered in Mumbai, in western India, announced the multi-year agreement on October 1. The Best Buy India entity will move to TCS,...
Diageo Brings Smirnoff Ice to India
United Spirits Limited, the India subsidiary of London-based Diageo, has launched Smirnoff Ice in India, the first time the vodka brand has entered the ready-to-drink segment in the country, Mint reported on Thursday. Ready-to-drink products are pre-mixed alcoholic beverages sold in a can or bottle. The company has two versions:...
Jio Platforms Prepares India’s Largest IPO With Meta, Google as Holders
Jio Platforms, the telecom and digital arm of Reliance Industries in Mumbai, is reported to be preparing to open its initial public offering on October 21, according to Reuters reports carried by Outlook Money. Subscription would close on October 23, with shares expected to list on the BSE and NSE...
BNP Paribas Takes Half a Million Square Feet of Office Space in Chennai
BNP Paribas, the French bank, has leased 500,000 square feet of office space in Chennai, in southern India, according to The Economic Times. The ten-year lease covers four floors at One Radial and is one of the largest office leases in the city this year. Mindspace Business Parks REIT, a...
IKEA Sets a 2030 Goal to Quadruple Its India Revenue
IKEA, the Sweden-headquartered home furnishings retailer, wants to quadruple its revenue in India by 2030. The Economic Times reported that the company plans to grow from eight stores to thirty and to double its investment in the country to $2.2 billion at current exchange rates. IKEA is recording double-digit sales...