India Bans Import of Cosmetics Tested on Animals

Just five months after India prohibited the testing of cosmetics on animals, its Ministry of Health has issued new regulations banning the import of any cosmetics that have been tested on animals overseas.  Issued as an Extraordinary Announcement in the official Gazette of October 13, this rule (known as 135-B) comes into effect on November [...]

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October 31, 2014   No Comments

Fragrance Market in India Fueled by Males

GCI Magazine published an article that forecasts the fragrances market in India to grow at a CAGR of 26% through 2018. Males are a big part of this market in India, according to the story. Indian men are becoming conscious about their image, which can be partially attributed to the rising pressure to succeed in [...]

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October 31, 2014   No Comments

India Personal Care Ingredients Market to Grow at 10 Percent

As more Indian consumers spend more on beauty and personal care products, influenced by an increased awareness and exposure to more global lifestyles and products, the personal care ingredients market in India likely will see a steady growth. GCI Magazine reports that the beauty and personal care ingredients market in India is expected to grow [...]

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October 31, 2014   No Comments

SunEdison Wins 150 Megawatt Project in Karnataka

St. Peters, Missouri-based SunEdison Inc. won a bid to build 150 megawatts of solar projects in southern India’s Karnataka state. The company will build and own the five projects for Karnataka Renewable Energy Development Ltd. SunEdison was one of 44 developers vying to build 500 megawatts of projects in the state. The facilities are expected [...]

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October 31, 2014   No Comments

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