Amazon launched its Fire TV stick in India with Amazon's Prime Video India director and country head Nitesh Kripalani and Amazon Fire TV vice president Marc Whitten at the launch. India is the fifth country where the device becomes available after the U.S., U.K., Germany and Japan. Priced at $62,...
India in Top 8 on Global FDI Confidence Index
With 31 percent of the surveyed respondents being more optimistic on the economic outlook over the next three years, India has jumped one spot to rank 8th in the 2017 AT Kearney Foreign Direct Investment (FDI) Confidence Index. Vikas Kaushal, partner and head of India at U.K.-based AT Kearney said,...
Fundamentals Drive Global Institutional Investment to India
Toby Nangle, head of multi-asset allocation at U.K.-based Columbia Threadneedle Investments, a global asset management group, says that India is better shielded than other emerging markets from risks tied to policy shifts in the U.S. In an interview on Bloomberg Television, Nangle said, "It’s a bit of a sleeper trad;...
Vodafone Confirms Merger Talks with India's Idea Cellular
U.K.'s Vodafone confirmed it was in talks to merge its Indian subsidiary with its local rival in an all-share deal. A possible merger between the country’s No. 2 provider Vodafone India and its third largest, Idea Cellular Ltd., will create a subscriber base of 395 million subscribers propelling Vodafone to first...
Revlon to Expand Retail Footprint in India
Operating in India since 1995, New York headquartered Revlon currently has 27 retail outlets across the country. The company will launch a significant number of exclusive stores in India to bring up this number to 100 by the end of 2017, reports CosmeticsDeisgn-Asia.com. Estimated at $10 billion, India's cosmetics market...
India's Dynamatic Technologies Delivers Components to Airbus
Bangalore-based Dynamatic Technologies delivered the first set of A330 wing components, produced jointly in their facilities in U.K. and India. The flap track beams for Airbus’ twin aisle A330 model are high tech guide rails fitted to the wings of the aircraft, which are crucial in controlling speed, direction and...