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...
Jewelry Retailer in India Shares Marketing Strategies
Titan Co., part of the Tata Group conglomerate, manufactures and sells watches, jewelry and eyewear products in India under different brand names. eMarketer's Rahul Chadha interviewed Titan's head of e-commerce, Alokedeep Singh on the state of the retail market. Excerpts from the interview are mentioned below: On the state of...
India's Tata Technologies to Acquire Defense Suppliers
Over the next four years, Tata Technologies, part of India's $116 billion Tata Group, plans to acquire a number of secondary and tertiary defense suppliers as part of a corporate plan to grow revenues from $500 million today to around $1 billion by 2020, reports Defense News. Tata Technologies CEO Warren Harris said...
Wal-Mart Is Clearing a Wider Passage to India
After a two-year hiatus, Wal-Mart, the $476-billion Bentonville, Arkansas chain, is getting ready to open its 21st store in India. The new store will be located in Agra, home to the Taj Mahal, in November 2015, Bloomberg reported citing two people familiar with the matter. Wal-Mart is also considering opening...