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...
Rising Optimism for Doing Business in India
The environment for foreign investments in India started improving a short time before Narendra Modi was elected prime minister on a business-friendly reform agenda in May 2014. United Arab Emirates’ Etihad Airwas acquired a stake in India’s largest corporate carrier, Jet Airways. As a result of this deal, the U.A.E....