Omnicom Production, the content and production business of the New York-headquartered marketing group Omnicom, is moving more global advertising work to India and hiring there, Mint reported. Sergio Lopez, the unit's global chief executive, told Mint that its team in India now has 1,000 employees. Over the past seventeen months,...
KKR Backs New Liquid Storage Platform in India
KKR, the investment firm based in New York, has agreed to take a majority stake in Cisternina Logistics, a bulk liquid and gas storage and logistics company in India. KKR signed definitive agreements, and the financial terms were not disclosed, Mint reported. Cisternina was founded in 2024. The investment will...
SMC Global Debuts in India
Headquartered in New York City, SMC Global established a new subsidiary, SMC Chemicals India Private Limited, in the city of Vadodara, Gujarat. This move, made in partnership with Shimmer Chemicals Pvt. Ltd., reflects the company’s intent to build a more flexible and regionally diversified supply network. Shimmer brings decades of...
Compass Announces Plans for Tech Hub in India
New York City headquartered Compass, the real estate technology company, announced plans for a new technology hub in India's HITEC City at Hyderabad. The new tech hub plans to hire 200 product and engineering professionals in what will become the fourth Compass Tech Hub globally. The facility will help accelerate...
Blackstone Bullish on Real Estate in India
New York City-based Blackstone Group L.P. acquired a marquee office building in Mumbai’s Bandra Kurla Complex (BKC) for $357 million -- this year’s largest commercial real estate deal. Owned and developed by Mumbai-based real estate firm Radius Developers, the eight-story building, One BKC, is spread across 700,000 square feet and...
Warburg Pincus To Invest $1 billion in India Real Estate
New York City headquartered private equity firm Warburg Pincus formed a $1 billion investment platform with Mumbai-based developer Runwal Group to develop shopping malls. Both companies will each hold a 50% stake in the platform and commit an equity capital of $200 million each. The partners will raise another $600...