British cosmetics, skin care, and perfume retailer, The Body Shop International, claims that India is one its fastest growing markets and is also among its top markets. Vishal Chaturvedi, General Manager, Retail – India, Sri Lanka and Bangladesh, at The Body Shop, asserts, "We have been in India since 2006...
Laureti to Launch DionX Electric SUV in India
London based Laureti Automotive Corporation will launch its electric SUV, DionX, in India in 2021 as part of its plans to provide clean mobility solutions in the country. Additionally, the company will invest $370 million to set up a manufacturing facility at Puducherry (earlier known as Pondicherry) in southern India,...
Growth Slows in China, Rises in India
According to London, U.K.-based Capital Economics, an independent economic research company, China's period of par excellence performance might be ending soon. In its 'Long-Term Global Economic Outlook' the firm says that China's policies of high investment and rapid debt accumulation, make it vulnerable to a sharp deceleration. China's export-driven growth...
British Telecom and India's Institute of Science to Collaborate on Research
British Telecom (BT) will partner with the Indian Institute of Science (IISc), one of India’s leading research institutions, to launch a new collaborative research center in Bangalore. The new BT India Research Center (BTIRC) will join BT’s network of collaborative research facilities around the globe, including those in Northern Ireland,...
India Overtakes Germany, Is World's 7th Biggest Stock Market
India's stock market edged past the equity market of Germany -- Europe’s largest economy -- for the first time in seven years, according to data compiled by Bloomberg. India’s positive returns this year is due to companies’ reliance on domestic demand which enabled them to avoid the meltdown in other...
India Trumps China on M&A Inflows
Global consumer brands have long courted Chinese consumers; now it is India’s shoppers they are wooing. 2018 has been a good year for India: More foreign money is now pouring into it than into China. Overseas companies have spent $38 billion acquiring Indian assets so far this year, compared with...