Softbank to invest $10 billion in India

SoftBank plans to invest more than $10 billion in India, after Prime Minister Narendra Modi and telecom minister Ravi Shankar Prasad separately met the Japanese telecom and internet giant’s chairman Masayoshi Son. Son pegged India as the company’s top priority. In his meeting with Prasad, Son highlighted the company’s bullish outlook for India’s e-commerce sector. [...]

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October 31, 2014   No Comments

India prepares $28 billion plan to Develop Universal Healthcare

India will spend $28 billion to start up an ambitious universal healthcare scheme to provide drugs, diagnostic tests and insurance cover will be provided to all citizens. The Health Ministry is in the process of finalizing a note for the Union Cabinet with an aim to get its approval in the next two months. The [...]

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October 30, 2014   No Comments

Auto Parts Maker Bosch to add a $1.2 billion revenue by 2020

German automotive components producer Bosch expects India to be a key growth driver in its bid to double business in the Asia Pacific region by 2020. The 46 billion euro Stuttgart-based firm had 24 per cent of the revenue coming from the Asia Pacific region. The Bosch group manufactures power tools, industrial machinery and home [...]

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October 30, 2014   No Comments

Berkeley Astrophysicist Says India is the Future

Speaking at the Nehru Memorial Museum and Library in New Delhi, American Nobel Prize winner, George Smoot declared, “The future of science lies in India, China and other Asian countries and these are set to dominate new scientific inventions and discoveries in the coming times.” “We are seeing a shift in science from all the [...]

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October 30, 2014   No Comments

Blue Chip Venture Capitalist Upbeat about India

Sequoia Capital‘s general partner, Douglas Leone is pleased with India. “We could not be more thrilled. We don’t have 25-30 category leaders in the United States; we don’t have (as many) in China right now, but we have it in India,” said Leone, whose fund has backed companies such as local search provider Justdial, restaurant [...]

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October 29, 2014   No Comments