HSBC: India to be a $7 Trillion Economy in 2028

British financial services giant  HSBC said India is likely to overtake Japan and Germany to become the third largest economy in the next 10 years but needs to be consistent in reforms and focus more on the social sector. Thire brokerage’s estimates show that India will be a $7 trillion economy in 2028, as compared […]

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September 22, 2017   No Comments

Global Entrepreneurship Summit Will Showcase U.S.-India Partnership

U.S. Commerce Secretary Wilbur Ross said that the Global Entrepreneurship Summit to be held in Hyderabad, India, will be another demonstration on how India and the U.S. can work together to advance the digital economy and entrepreneurial skills of their citizens. To be hosted jointly by India and the U.S. from November 28-30 this year, […]

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September 22, 2017   No Comments

USTDA to Work with Airports Authority of India

The U.S. Trade and Development Agency signed a memorandum of understanding with the Airports Authority of India to support a 20-year master plan aimed at expanding the operational capacities of the Kolkata and Lucknow international airports, two of the fastest growing airports in India. State-owned Airports Authority of India selected the Cincinnati-based company Landrum & […]

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September 22, 2017   No Comments

Accenture Inaugurates Innovation Hub in India

Dublin, Ireland-headquartered Accenture, launched its first Innovation Hub in Bangalore. The Hub features capabilities in artificial intelligence, intelligent automation, quantum computing, machine learning, robotics, Internet of Things, data and analytics, intelligent applications, intelligent platforms, liquid applications management, and experience-led transformation, among others. BusinessWire reports that the facility comprises 440,000 square feet of space through 10 floors, […]

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September 20, 2017   No Comments

Sequoia Capital India to Acquire Faces Cosmetics

Venture capital firm Sequoia Capital India will acquire Faces Cosmetics Canada, an Ontario, Canada-based color cosmetics brand, as well as the Faces brand from Indivision India Partners. Faces has a product portfolio of over 350 color cosmetics and skin care products in India. “The color cosmetics market is the fastest growing category in personal care […]

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September 19, 2017   No Comments