The United States and India plan to push bilateral trade in energy, aerospace, defense, pharmaceuticals, and healthcare as part of a continuing commercial dialogue. Bilateral trade, which stood at $126 billion in 2017, is believed by many to be only a quarter of the actual potential between the two countries....
Zara India Reports 70 Percent Rise in Profits
Driven by strong sales and lower price points, fashion retailer Zara's net profit went up more than 70 percent in India in 2017. Spain-based Inditex has two joint ventures with India's Tata Group’s retail arm Trent: one for Zara and the other for luxury label Massimo Dutti. The joint venture...
Ten Most Significant Changes in India in the Last Decade
Forbes documents the top ten most significant changes that India has witnessed from 2010 to 2017. Read a lightly edited summary of these below: 1) Emerging as one of the largest economies The recent economic expansion noted in India has brought a record number of people out of poverty. A...
India's Airtel Set to Become Leader in Telecom Market Share
Bharti Airtel will acquire Tata Group's loss-making mobile telephony business, boosting its spectrum holding and raising subscriber base while saving the Tatas from the prospect of having to shut down the struggling unit. Tata will retain the non-mobile businesses, such as broadband. "Instead of closing down the consumer mobile business,...
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...
India's Companies Focus on Developing Technology Devices
Harvard University and India's Mumbai-based Tata Group are collaborating on a wearable device powered by soft robotics. The device will be akin to a suit or exoskeleton adding more strength to elbow joints and allowing a worker to lift something instead of using a machine for the purpose. The Group's...