With 46 percent of its $16 billion in annual revenue hailing from foreign shores, Medtronic, the world’s biggest medical devices company has an ambitious goal to develop new and cost-effective products such as pacemakers for the poor, while simultaneously selling its existing ones to the growing middle classes in emerging markets. The company’s new CEO, [...]

In India, the Unilever towers over all other consumer product brands. Procter and Gamble is starting to make some gains having responded to the needs of the Indian mainstream. Its Gillette Guard razor, for example sells about 44 million units a year. At a retail price of just 30 cents per razor. Blades cost 10 [...]

Earlier this week, India announced that the French built Rafale had beat out the runner-up Typhoon in a $10 billion fighter aircraft contract. The Typhoon, built by the Cassidian unit of EADS would have sustained thousands of jobs in Germany and the United Kingdom. Instead the work and jobs will go to Dassault Aviation, Safran/Snecma [...]

Most people know that talking a bath was not a common practice in Europe during the middle ages. For example Queen Elizabeth I  bathed no more  than once a month. If you were to ask most Americans where the concept of bathing originated, people would say the Greek or the Romans, around 2000 years ago.  [...]

UK defense company BAE Systems has appointed its CIO, Dean McCumiskey as Managing Director of its operations in India. BAE has formed two defense venture companies BAeHAL, a Bangalore-based software engineering joint venture with Hindustan Aeronautics Ltd. (owned  by India’s Ministry of Defense)  and Defence Land Systems India in partnership with automaker Mahindra & Mahindra, [...]