New York City's Franklin Templeton Investments bought about $1.2 billion of Indian government bonds in two days end March. The purchases, made through broker JPMorgan Chase & Co, were largely for tenures maturing in 2021-2023. Since March 11, when Prime Minister Narendra Modi’s party won an election in the state of...
Scientists in India Create Sensor to Detect Bacteria Quickly
Working in collaboration with the Photonics Research Center at the University of Quebec in Outaouais, scientists from the Indian Institute of Technology Kanpur, in the northern state of Uttar Pradesh, have built a sensor that can detect the presence of Escherichia coli in food and water in under 20 minutes, much...
IT Kanpur Students Design Utilitarian Dental Chair
Setting up a dental practice for graduating dentists in India can be daunting because of the cost of equipment – particularly the chair which can cost from $1500 to $7500. However, three students of the Indian Institute of Technology, in Kanpur in the northern state of Uttar Pradesh have come...
IDenta Is Supplying Detectors to India
Jerusalem, Israel-based IDenta Corporation, the international drug and explosives-detection company, has supplied detectors to India, reports Bloomberg Business. CEO Yaacov Shoham said, “Every year before the end of the financial year (March 31 in India) IDenta Corp. participates through the local representative company Technomaxx in different tenders related to IDenta's...
Ikea to Operate 25 Stores in India
The Swedish home furnishings company IKEA has announced a long term plan to open 25 stores in the country at a cost of $80 million per store. In July this year the company bought land in Hyderabad in south India for its maiden store. Business Standard reports that IKEA has...
Cargill Grows its Feed Business in India
Cargill India started sales of its animal feed product in the northern state of Uttar Pradesh only last year, and has surpassed its target by almost 40%. “After starting our animal feed business in Uttar Pradesh, we had clocked average monthly sales of 250 tons against our initial target of...