Amazon.com Inc., and Netflix Inc., have contrasting approaches in the way they pursue growth in India and internationally. Netflix debuted in India 10 months ago; however it does not believe in a physical presence in the various countries globally where it operates. This is because content making decisions are taken...
Everstone Capital Invests in Rubicon Research, India
The Singapore and India-based private equity firm Everstone Capital invested $33 million in contract research and drug delivery company Rubicon Research, in a bid to diversify its portfolio. Rubicon has a USFDA-approved manufacturing plant in Mumbai, and it provides solutions for bioavailability enhancement, gastric retention, taste masking, and customizing the...
Twitter Lays Off Engineering Team in India
Twitter is closing down its engineering operations out of Bangalore, India, and is laying off some 20 engineers in the process, the company confirmed to TechCrunch. The number is a very small percentage of its overall staff of 3,800 people internationally. The company will continue to operate three offices in...
Credit Suisse: Commodity-Intensive Growth Has Started in India
Swiss financial services company, Credit Suisse recently spent time in India to ascertain the status of mineral resources and commodities. “India looks to be firing at last,” was one of the headings in the bank’s report. The investigators had meetings with government agencies and companies in Delhi, Kolkata and Mumbai,...
Germany's ZF Sets Up Global Purchasing Office at Pune, India
German automotive component and services major ZF Friedrichshafen AG on ZF India Supplier Day, the company said it aims to reach $110 million worth of export from India by 2017. The company makes and sells transmissions, axles and chassis components for cars and trucks. “We want to develop India to...
Three Indian Companies Debut in Forbes Asia's Fab 50
A financial conglomerate, a bank and a motorcycle manufacturer are three new entrants from India to Forbes Asia's Fab 50 list: 1. Bajaj Finserv is a company based in Pune, 91 miles east of Mumbai, which holds stakes in: Bajaj Finance, Bajaj Allianz General Insurance, and Bajaj Allianz Life Insurance....