Tata Starbucks Private Ltd., the equal joint venture between Seattle, Washington-based Starbucks Coffee Company and India's Tata Global Beverages Ltd., will focus on regional culinary innovations and expanding its market to tier-II cities of India. Since starting operations in the Indian market in October 2012, it has a total of...
Global Firms Seek India's IT Talent for Digital Transformation
With technologies such as artificial intelligence and biometrics leading digital transformations in organizations across the world, India is seen as a prime location for global businesses to open technology hubs as an extension of their business rather than a third-party service provider. Bangalore has the best environment for businesses to...
Western Union Launches India R&D, Tech Center
Englewood, CO-headquartered financial services and communications company, Western Union, announced the launch of its Western Union Technology Engineering Center (WUTEC) in Pune, 75 miles east of Mumbai, in the state of Maharashtra, India. The new research center will serve as Western Union’s innovation and engineering hub in the region. It...
India's Tech Mahindra Acquires Stake in New England Software Co
Pune, India-headquartered Tech Mahindra announced it will acquire a 17.5 percent stake in Tewksbury, MA-based telecom software development company Altiostar Networks for $15 million in a cash deal. The investment is through its wholly owned subsidiary, Tech Mahindra (Americas) Inc, USA, the company said in a regulatory filing. "This is...
India Installs Supercomputers for Weather Forecasting
The Ministry of Earth Sciences in India installed the country’s two fastest supercomputers to conduct earth science research and improve weather and climate forecasts. Both machines are Cray XC40 supercomputers with ClusterStor storage, and are deployed at the Indian Institute of Tropical Meteorology in Pune, and the National Center for...
India-Made Jeep Compass Now Sold in Japan, Australia
Fiat Chrysler Automobiles, India, shipped its first batch of 600 right-hand drive units of the made-in-India Jeep Compass from the Bombay Port Trust facility to Australia and to Japan. The SUVs are produced in the company's Ranjangaon factory situated near the city of Pune, and have over 65% localized Indian content. The...