News in Brief

Kazakhstan is set to overcome its dependence on imported insulin with an Indian firm planning to produce the drug at a facility in Almaty, reflecting the growing interest in Central [...]

Even as it faces closures in the United Kingdom, restaurants started by British celebrity chef Jamie Oliver will continue to expand in India, through their local partner for the country, [...]

Danish sports lifestyle brand Hummel International has entered the Indian retail market. The company opened five franchise stores in Bengaluru, Pune, Chennai, Surat and Amritsar. Hummel will invest $5.5 million [...]

Bengaluru-based end-to-end home design and decor service provider Livspace has raised an undisclosed amount from IKEA group franchisee, Ingka Group (Ingka Holding B.V and its controlled entities) for a minority [...]

Amazon has introduced flight bookings in India without much hype. The online retailer has joined hands with Cleartrip for the new service, which can be accessed on the Amazon Pay [...]

Mobile handset maker Motorola Mobility LLC aims to make India its export hub for Latin America and Asia Pacific markets. Prashanth Mani, Managing Director Motorola Mobility India, told the media: [...]

India’s debt-ridden Infrastructure Leasing and Financial Services (IL&FS) said that Japan’s Orix Corp has expressed an interest in buying out the remaining 51 per cent stake in IL&FS’s wind energy [...]

South Korean financial services firm Mirae Global Asset Management has invested a little more than $100 million across four transactions in India in its first year of operations, with its [...]

Sterlite Power said it has delivered first power transmission project in Brazil 28 months ahead of schedule. A company statement said, "Sterlite Power celebrates the kick-off of operations in the [...]

State-owned Engineers India Ltd said it has signed an agreement to provide project management consultancy for a new 1.5 million tonne refinery being set up in Mongolia. The pact was [...]