India’s Cabinet Committee on Security approved $3 billion for the acquisition of 56 Airbus C-295MW transport aircraft to replace the Indian Air Force fleet of Hawker Siddeley 748M Avro aircraft. The Avro is a British design that was manufactured in the government owned factory of HAL - Hindustan Aeronautics Ltd...
3 Indians on Forbes' '100 Greatest Living Business Minds'
As part of Forbes’ 100th anniversary celebrations, the publication unveiled its special centennial issue, which incorporates essays, lessons, and ideas for the next 100 years from the world’s renowned living business thinkers. "The list speaks to a century of entrepreneurial capitalism compiling the doers who have created, disrupted, and innovated...
Mars Inc., and India’s Tata Trusts Collaborate
Mars Food President Fiona Dawson and Mars family member Stephen Badger traveled to Mumbai on January 6 to sign a Memorandum of Understanding with the Tata Trusts and meet with its Chairman, Ratan Tata. Tata Trusts is a coalition of philanthropic trusts headquartered in India, with a mission to improve the...
India’s Healthcare Info Company Lybrate Gets $10 Million Funding
Eighteen-month-old Lybrate, based in New Delhi, which aims to increase access to doctors and quality healthcare information, received $10.2 million in funding from Tiger Global, Tata Sons’ President Emeritus Ratan Tata and existing backer Nexus Ventures. The Opportunity: People in metro areas put off visiting doctors for lack of time, traffic congestion,...
Stylish Tata Nano is now a Museum Exhibit at Cornell
An innovative car from India that costs just $2,500 is now the star of a museum exhibition at an Ivy League school. It most countries, you may be excused from thinking this a crazy notion. And it wouldn’t generally work unless there’s something special on offer. Which in this case...
Nano Gujarat Plant Up in Record Time
Anything that's said about Tata Motors' Nano makes for news, and why not, never before did we hear of a $2,100 car! At the recent roll out of the Nano from its Sanand (Gujarat) plant it enjoyed some added attention. Cornell University Assistant Professor, Aleksandr Mergold with his team of...