Japanese automobile manufacturer Nissan Motor Company Ltd recently announced the appointment of Guillaume Cartier as the Senior Vice-President and the new Chairman for Africa, Middle East, and India markets and head of Global Datsun Business Unit, with immediate effect. Nissan in an official statement said, “In his new role, Cartier will lead the regional management…
India has been long known as the world’s outsourcing destination. From housing BPOs for the world’s biggest tech companies to moving forward as a manufacturing hub for the world, India has come a long way. The country is aggressively reinventing itself as an innovation hub and boasts of 27 home-grown unicorns who are leading the…
The United Kingdom government has recently announced its decision to launch a £4million “Innovation Challenge Fund” in India. The fund is focused on two major clusters, which include artificial intelligence and big data in Karnataka and future mobility in Maharashtra. The successful bidders are likely to have an international part from the UK. Launched on…
Appnext, an on-device and in-app mobile discovery platform, announced that it reached a record milestone of serving 2B daily app recommendations to mobile users in India. Appnext interacts on average 20 times a day with 180M unique users in India, and continue to adhere to its mission of recommending users with ‘apps they may use…
Walmart Inc, the world’s largest retailer, has laid-off more than 50 of its India executives as part of its restructuring efforts in the country. According to a Reuters report, citing Krish Iyer, President and CEO of its India unit, about eight senior management executives were also fired. The move clearly signals the struggles Walmart is…
According to a report by Cushman & Wakefield, private equity investments in the real estate sector during the first three quarters of 2019 rose to Rs 39,182 crore, up 19% from a year ago period. Bulk of it was bagged by commercial real estate segment including the office segment that remained the favoured investment asset…
Growatt, one of the TOP 3 rooftop solar inverter brands in China, has become the NO.1 solar rooftop inverter supplier in India according to a report by BRIDGE TO INDIA. In the twelve-month period ending Sept. 2019, India added a record 1,853 MW rooftop solar capacity, which is 17% higher than the same period last…
Toyota Connected India Pvt. Ltd., a subsidiary of Toyota Connected Corporation, is expanding its global footprint with plans of setting up a new office in Chennai, India. The new setup will focus on enhancing development capability for connected services featuring technologies such as Machine Learning and Artificial intelligence. The Chennai office will work in close…
The Union Cabinet chaired by Prime Minister Narendra Modi has approved the proposal for Agreement on Science and Technology Cooperation between India and the United States of America. The agreement will unlock a new chapter in bilateral relations as both sides will leverage complementary strengths spurred by a significant convergence of mutual interests in science…
The Chinese consumer electronics and mobile communication company, Oppo Electronics Corporation (commonly referred to as Oppo), has set up its first research and development (R&D) center in India, Hyderabad, this new center is said to be the 4th R&D set up globally and the largest outside China. However, the company did not disclose the investment details. “The brand…