Billtrust, a business-to-business payments software company headquartered in Nashville, Tennessee, opened a Global Capability Center in Hyderabad, in southern India, on September 28, according to UNI. Telangana IT Minister D. Sridhar Babu inaugurated the facility, with Billtrust CEO Grant Halloran and members of the company's global leadership team present. The...
DoorDash Opens Hyderabad Hub With 500 Employees
DoorDash, the local commerce platform based in San Francisco, California, has opened a hub in Hyderabad, in southern India, with 500 employees. The company plans to grow the team to more than 3,000 over the next two years, The Hindu BusinessLine reported. The Hyderabad team will start with customer experience...
Apple’s iPhone Maker to Expand its $10 billion investment in India
iPhone contract manufacturer, Taiwanese Foxconn, has made significant investments in India and plans to expand further, according to chairman Young Liu during his recent visit to the country. Liu revealed that the company has invested $10 billion in India so far and intends to increase this amount in the coming...
India to Invest $2 Billion in Uranium Mining
The Atomic Energy Commission of India has approved an investment of over $2 billion in thirteen new uranium projects as well as the expansion of an existing mining project at Jharkhand, a state located in the northeastern part of the country. C.K. Asnani, chairman and managing director of state-owned Uranium...
India Develops Fluorine-18 from Oxygen-18 for Cancer Diagnosis
India's Heavy Water Board, a unit of the state-owned Department of Atomic Energy (DAE), has developed a technique to isolate the rare isotope Oxygen-18 from the air, for use in the treatment of early stage cancer. A scientist at the Board said that water containing oxygen-18 is used to make fluorine-18...
Safran Builds Airplane Engine Factory in India
Safran S.A., French multinational aerospace-component and defense company's subsidiary Safran Aircraft Engines will build a new plant in Hyderabad, India, to make parts for the LEAP turbofan engine from CFM International, a 50/50 joint company between Safran Aircraft Engines and GE. "We're delighted to open a new chapter in our...