On March 10, India signed a trade agreement with the European Free Trade Association (EFTA) countries: Iceland, Liechtenstein, Norway, and Switzerland. Here are a few key points about this trade agreement: - It includes a commitment of $100 billion investment from the EFTA countries into India over the next...
India, Norway Partner for Green Hydrogen Production
India hosted the International Climate Summit 2021 in New Delhi on September 3. It focused on the country’s Green Hydrogen Mission aimed at making India the global hub and exporter of green hydrogen, as also on making partnerships to ramp up the transition toward net-zero carbon emissions. At the summit,...
Norway's Orkla to acquire another Indian Consumer Company
When I lived in Bangalore, one of the hottest restaurants in town was the Mavalli Tiffin Room, known to everyone at MTR. The owners of the restaurant diversified into the into the instant food business, selling spices and ready-to-eat south Indian snacks and condiments such as "chutneys" and "rasams. MTR products rapidly...
Japan and Singapore Stand 1st on Henley Passport Index
The Henley Passport Index is the original ranking of all the world’s passports according to the number of destinations their holders can access without a prior visa. The ranking is based on exclusive data from the International Air Transport Association, which maintains the world’s largest and most accurate database of...
IIT Madras Demonstrates Novel Refrigeration System
In June, a multinational research team – which includes colleagues from Norway's SINTEF Energy Research, the Norwegian University of Science and Technology, and the Department of Mechanical Engineering at the Indian Institute of Technology, Madras presented India’s first Carbone Dioxide (CO2) transcritical system at the Gustav Lorentzen conference in Valencia. This...
India Telecom M&As Exceeded $14 billion in 2017
In 2017, India's telecom sector recorded $14.7 billion worth M&A deals -- a more than 5-fold increase in value terms from the previous year. Wireless tariff wars, the entry of Reliance Jio, heavy investment in spectrum and network infrastructure, among others, acted as triggers for the M&A deals. Main deals...