India in Top 15 for Sealed Air, Growing Fastest

Fortune 500 company New Jersey headquartered  Sealed Air Corporation says India is its fastest growing geography. “India for us I would call within Sealed Air, a mid-sized country, it’s in the top 15 countries but with the highest growth rate,” Jerome Peribere, president and CEO told  the television network NDTV. Sealed Air is a packaging [...]

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January 13, 2015   No Comments

U.K. Miner to Invest $500 Million to Develop Diamond Project in Bunder

Sam Walsh, CEO of London-based Rio Tinto Group has had three discussions with Indian Prime Minister Narendra Modi on the planned $500 million Bunder diamond mine in the state of Madhya Pradesh in central India, and the Odisha iron ore project in eastern India. “We’re waiting for approvals, forestry and environment approvals, which I am [...]

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January 13, 2015   No Comments

India’s Zomato Acquires Seattle-Based Urbanspoon.com

India’s online restaurant listing company Zomato entered the U.S Market through the acquisition of Urbanspoon.com  owned by IAC the  Internet company focused on the areas of search, applications, online dating, media and ecommerce. The deal was an all-cash transaction for $52 million. Most of Urbanspoon’s team will be joining Zomato and the company will be integrating [...]

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January 13, 2015   No Comments

Rio Tinto to Export Australian Uranium to India by 2017

Sam Walsh, the chief executive of Rio Tinto Ltd., announced that his company is expected to start exporting uranium to India in another two years by which time safeguards to use the uranium only for power generation would be in place. Modi and Australian Prime Minister Tony Abbott signed a deal in September for Australia [...]

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January 13, 2015   No Comments

Kerry Visits India to Set the Stage for President Obama’s Visit

Secretary of State, John Kerry met Prime Minister Modi hoping to reach agreements before President Obama reaches India as chief guest of the Republic Day celebrations on January 26.  Obama is the first ever American President to be the Chief Guest at this military parade and the first sitting President to visit India twice. Negotiations [...]

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January 13, 2015   No Comments