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Latin America News
Amazon eyes new warehouse in Brazil e-commerce push: Sources
Sat, Feb 10, 2018
Amazon.com Inc is looking to lease a 50,000-square-meter warehouse just outside Sao Paulo, people familiar with the matter told Reuters, as it steps up its push into Latin America`s biggest retail market, Brazil.
Worldwide PC shipments declined 2% in 4Q17, 2.8% for the year: Gartner
Fri, Jan 12, 2018
Worldwide PC shipments totalled 71.6 million units in the fourth quarter of 2017, a 2 percent decline from the fourth quarter of 2016, making it a 13th consecutive quarter of declining global PC shipments, as well as the sixth year of annual declines, according to preliminary results by Gartner I
Govt to prepare detailed research report to promote exports
Sun, Dec 03, 2017
Recently, Prabhu made a case for treating support measures to promote exports as investment and not subsidies, arguing that outbound shipments contribute in a big way to boosting growth.Exports in October had entered the negative zone again, dropping 1.12%.
Amazon begins to offer electronics in Brazil from third-party sellers
Wed, Oct 18, 2017
The long-awaited move will offer televisions, cell phones and laptops from hundreds of independent sellers on Amazon's website in Brazil without involving the company in the tricky logistics.
Bajaj Auto hopes to rev up sales in FY18 after bumpy ride
Sun, May 21, 2017
After a rough ride last fiscal, Bajaj Auto spokesperson has said that the company hopes to improve its sales in fiscal year 2017-18 (FY18) on back of recoveries in both domestic and export markets.
Zee forays into Latin America with launch of Zee Mundo in Mexico, Ecuador
Wed, Apr 26, 2017
With this, ZEE becomes the first-ever Indian broadcaster to take mainstream channels to the Latin America market.
Indian Oil expects crude processing to edge up in 2017-18 despite maintenance work at some plants
Tue, Feb 07, 2017
Indian Oil Corporation has said that its crude processing for 2017-18 will inched up despite planned maintenance at some plants.
Wipro buying Brazilian IT firm InfoServer for $8.7 million
Wed, Jan 25, 2017
Wipro is planning to buy Brazilian IT services provider InfoServer for $8.7 million.
Why are Indian automobile companies going after Argentinian football stars?
Tue, Jan 17, 2017
After Tata Motors chose Lionel Messi as their brand ambassador, Hero MotoCorp recently signed up Diego Simeone as its brand ambassador.
Oil surges as non-OPEC, OPEC producers agree on output cuts; dollar strong
Mon, Dec 12, 2016
Oil prices jumped more than 5% on Monday after OPEC and non-OPEC producers agreed to curb oil output and ease a global glut, while the US dollar extended gains ahead of an expected rate hike this week.
Cuban revolutionary icon Fidel Castro dies in Havana: President
Sat, Nov 26, 2016
Former President Fidel Castro, who led a rebel army to improbable victory in Cuba, embraced Soviet-style communism and defied the power of 10 US presidents during his half century rule, has died at age 90.
Brazil govt freezes Rio's accounts over unpaid debt
Tue, Nov 08, 2016
The Brazilian government froze Rio de Janeiro state's bank accounts on Monday, ordering the struggling state to pay up on $53 million in overdue debt.
Brexit may have impact on future earnings of TCS
Sat, Jul 16, 2016
After TCS posted nearly 10% rise in consolidated net profit in Q1 of FY17, brokerages have said that it is a decent start for the current fiscal, but have cautioned on likely Brexit impact on the company's future earnings.