Tag "India"

A special Hungarian cake is conquering India

An Indian couple, Saira and Mohammed Shafi, have decided to introduce the famous hungaricum, the chimney cake in their home country – origo wrote. Initial experience shows that the locals...

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SPAR International partners continue to invest

We look at how SPAR International partners are investing in their store networks in Spain, Hungary and India. In the last two months of Q2 2019, SPAR Spain opened three...

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Walmart launches a streaming channel in India

Walmart is launching a new video streaming service in India through its Flipkart subsidiary, an attempt to entice customers from rival Amazon, which already has a streaming service that also...

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7-Eleven takes Japanese convenience to India

Seven & i Holdings will open a Japanese-style 7-Eleven store in India this year, to exploit the great opportunities in a market dominated by family-owned small shops, as growth slows...

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Flipkart buys artificial intelligence startup

Flipkart – the biggest online retailer in India – has acquired an artificial intelligence startup, called Liv.ai. Liv.ai developed software that transforms speech into text, in 10 different languages spoken...

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The champagne for teas is produced on the Khangchendzonga

The Khangchendzonga Peak can be found at the Indian part of the Himalayas, where a rare and precious emerald green tea is produced, which is also referred to as the...

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Coffee production may be the lowest of the past 20 years in India

The South American Coffee Makers Association predicts that next year’s coffee production may be the lowest since 1997-1998, and will be a quarter less than the expected 316,000 tonnes for...

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Furniture is assembled in the Indian IKEA store

The first IKEA store in India will be opened in August – 444.hu wrote. The company began to inquire about the Indian market five years ago, where two hundred million...

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Samsung has opened a gigantic factory

Samsung Electronics has opened its newest factory in India. The company says that it is the world’s largest mobile phone manufacturing plant – privatbankar.hu wrote. The factory was located in...

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Walmart strengthens positions in India

For USD 16 billion Walmart is going to buy 77 percent of the shares in Indian online shop Flipkart. This is Walmart’s biggest investment abroad so far. They are competing...

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Walmart expands in India

There is a huge struggle between the world’s largest companies for India’s e-commerce market. For a long time it appeared that this country will also be implicated by Amazon, but...

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Syngenta sells some of its seed business in India

The Swiss Syngenta sold a part of its seed business in India. Selling prices for the business were not disclosed – agrarszektor.hu wrote. The Indian Crystal Crop Protection announced today...

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Brits worry for their Darjeeling tea

Brits worry for their favorite Darjeeling tea as well as the Japanese and the Germans. The terroir of the so called champagne of the teas is threatened by strikes in...

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China approved the ChemChina-Syngenta merger

China approved the upcoming ChemChina-Syngenta merger, and shortly thereafter India has given its blessing as well, so new obstacles were removed before the Chinese-Swiss chemical megafusion -agrarszektor.hu wrote. ChemChina’s takeover...

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India and China may also introduce VAT

The Value Added Tax (VAT) originally comes from France. India introduces the VAT next year, while China is switching to the new system these days – Magyar Nemzet Online wrote....

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KKM: the national trading house will open two offices in India

The Hungarian National Trading House Plc. (MNKH) will open two offices in India before the end of the year. One of the offices will open in north and the other...

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