Surrey, U.K.-based McLaren Technology Group signed a multi-year contract with IT major Bangalore-based Wipro Limited to help drive digitization across its businesses. Wipro will assist the sports car maker with achieving its recently defined IT strategy, focusing on providing next-generation differentiated IT services to its business divisions with an emphasis...
U.S. Invests the Most in India's Startups
According to New York-based CB Insights, U.S.-based investors are the most active foreign participants in India’s start-up ecosystem over the past five years, making over 800 equity deals during the period. In the list of top five foreign investors in India’s technology ecosystem, U.K., with 1% of deals stood at...
Foreign Travel Arrivals in India Grow 15 percent this year
India's Ministry of Tourism released a report based on data from the Bureau of Immigration that says the number of overseas travelers to India grew 15 percent year-on-year. For the period January - July 2017 foreign travel arrivals numbered 5,674,000 , compared to 4,903,000 in the corresponding time period last...
India Dominates Online Work Space
The Online Labor Index published by the 'iLabor' project of the Oxford Internet Institute, an affiliate of U.K.'s University of Oxford, notes that India is the largest supplier of online labor. This report analyzed data for the first week of July, and reported that India is followed by Bangladesh, U.S., Pakistan,...
India to Be 3rd Largest Buyer of Passenger Planes
With India set to buy 2.2 new airplanes for each of the 480 aircraft currently in service, it is poised to become the third-largest buyer of commercial passenger planes in the world. The U.S. and China are the only countries to have more pending aircraft orders says a report released...
Forbes List Adds a Billionaire from India Each Month
The number of Indians on the Forbes billionaire list rose to 101 from 84 in 2016, and Fakhri Ahmadov, managing director at Ahmadoff & Company, a U.K. based wealth advisory firm, says, "Eevery 33 days brought a new Indian billionaire to the list last year." Forbes says India had 36...