Other Briefings
Pranav Mistry Shows Off ‘SixthSense’ Technology
Nov. 18 – Pranav Mistry, India’s IT wunderkind, demonstrated his “SixthSense” technology at the TED India conference this year. In a presentation to a packed house (video after the break), Mistry showed off tools that allow the physical world to interact with the digital one, including a paper “laptop” and a virtual camera. It’s a […]
Luxury Auto Brands Head to India Salesrooms
Nov. 16 – India’s big spenders are seducing the world’s premium auto brands to make their products more easily available in India. Audi, Bentley, Lamborghini, Mercedes and Porsche are all sending their premium vehicles to the Indian market, even as U.S. automakers are scaling down operations and reworking their strategy towards fuel-efficient smaller vehicles. “Today, […]
Iconic Volkswagen Beetle to be Launched in India Next Month
Nov. 12 – Not satisfied with selling the Passat, Jetta and the Touareg in India, Volkswagen is now expected to bring the new Beetle to launch in India before the year’s end, if we’re to believe a report that has revealed to the Indian media during the India economic summit. Although the Volkswagen Beetle was […]
Ministry Amends Rules for Foreign Arms Companies
Nov. 12- India’s Ministry of Defense has changed rules that could allow foreign arms companies blacklisted pending a bribery case to join tests aimed at modernizing the army. The ministry banned local and foreign firms in June based on a suspected bribery charge on the former chief of the Ordinance Factories’ Board, Sudipta Ghosh. The […]
Accenture to Expand India Office to 50,000 People
Nov. 10 – Management consulting and consulting firm, Accenture is set to expand its India office from 42,000 to 50,000 by the end of 2010. William D Green, chairman and chief executive officer of Accenture, spoke with ENS Economic Bureau during the said ongoing India Economic Summit: “We are 42,000 right now and we imagine […]
Offshore Industry Reports More Business in Third Quarter
Nov. 9 – Indian outsourcing firms reported better business during the third quarter of this year according to the survey Everest’s Market Vista: Q3 2009. “The Indian offshore industry is growing on the back of improving demand and continued advantages of India as an offshore destination. India-centric suppliers are investing in delivery capabilities and setting […]
Broadband Kiosks Used to Penetrate Rural India
Nov. 5 – India’s BSNL service provider is setting up 30,000 broadband kiosks in rural and remote areas in the next two years on a franchisee basis. The state-owned BSNL is planning to tie with partners to build a network of around 30,000 broadband kiosks and provide services to people at a small fee, and […]
Diwali Retail Sales Up 40 Percent
Oct. 22 – Like China’s government instituted “Golden Weeks” during national holidays, India is beginning to push domestic spending during holidays as a way of bolstering the economy. Last week’s Diwali Festival spurred an increase in retail of some 40 percent over the corresponding time last year, in another signal that the “feel good” factor […]
