What Crisis?

In the grand scheme of things, says Michael Clemens, a scholar at the Center for Global Development, the current economic meltdown is nothing but a

Air India Seeks To Halve Workforce

India's state-owned carrier Air India, facing almost $800 million in loses this year, is seeking to trim its workforce by half.  The company says it

India's Stock Market Clobbered

India's benchmark Sensex tumbled 1,070 points, or 11 per cent, to close at 8,701 on Friday, Oct 24, its third biggest loss ever and its

Wipro, TCS Slip

The financial meltdown and a volatile currency markets has hit some of India's largest outsourcing companies. Tata Consultancy Services Ltd., reported profits of $256 million

Two Indias

India demands the equivalent of two Indias to sustain its consumption and waste needs. India's Ecological Footprint - the amount of productive land and sea

India Growth Boosts Western Union

Strong growth in India, the Middle East, and Philippines fueled money transfer agent Western Union's profits, despite declines in its U.S. revenues.  The company's profit

Read All About It

Outsourcing news operations overseas is being pitched as one solution to the crisis in America's newspaper industry.

Black Friday, Sweet Deals

Folks, the mother of all deals, Black Friday, is just around the corner.

The Reliance-Spielberg Blockbuster?

Anil Ambani takes a $500 million gamble with Hollywood's biggest star.

iPhone in India:

Has Apple Dialed the Wrong Number?

Indian Reserve Banks Intervenes in Global Crisis

The Indian Reserve Bank is pumping money to preserve the liquidity of India's financial markets in the wake of the global financial crisis. At the

India's First Deep-water Well

Reliance has begun pumping oil off the Bay of Bengal, which, the company claims, will boost India's oil and gas by 40 percent in under

Mob Murders CEO

Scores of irate dismissed workers bludgeoned the chief executive of an Italian auto parts factory to death outside NoidaLalit Kishore Choudhary, 47 CEO of Graziano

Ranbaxy's 9/11 Call

Indian drug manufacturer Ranbaxy has turned to former New York Mayor Rudy Giuliani (who Democratic Vice Presidential Candidate Rudy Giuliani mocked for constructing all sentences

India 75th Most Corrupt Nation In The World

Transparency International 2008 Corruption Perceptions Index ranks India as the 75th most corrupt nation in the world. Denmark, Sweden and New Zealand tied for the

Your Money Matters

Have you tightened your seat belt for the coming wild economic ride?

Indian Patents Double

Patent registrations in India doubled last year and have risen ten fold in the past five years.India's controller general of patents granted a 15,261 patents

NRI Students At IIM

The enrollment of NRI students in the Indian Institutes of Management has doubled in the past year. NRI enrollment at IIM Banglaore rose fivefold from

A $500 Million Call

The Pennsylvania attorney general is suing a Baltimore telemarketing company for the biggest single violation of the state's "Do Not Call" law.The state is charging

Essar To Invest $500m In Kenya

India's Essar Global Ltd., a $10 billion corporate giant, is investing $500 million in Kenya's newest mobile phone service operator, Econet Wireless Kenya Ltd., to

US Visas

The number of U.S. visas issued to Indians is expected to top a million by the end of the decade.Last year, the U.S. issued 760,000

The "India Option"

In the past, India's best and brightest routinely looked to the U.S. and other Western countries for jobs following graduation. Today, however, the "brain drain" seems to be reversing: According to placement figures at the Indian Institute of Management (IIM) in Bangalore, 75% of this year's graduating class opted for jobs in India.

The Bean

Cloud Gate, nicknamed "The Bean," a public sculpture by British artist Anish Kapoor in Millennium Park in Chicago. The 100 ton stainless  steel structure, 33

Hindus For Democrats

Nearly two-thirds of all Hindus identify themselves as Democrats or lean toward that party, according to a national survey.The Pew Forum on Religion and Public

Gandhi's Last English Speech

What is believed to be only one of two recordings of English speeches delivered by Mahatma Gandhi has surfaced in Washington, D.C.The recording of Gandhi's

Watermelon, You Don't

Been shy about testing Viagra. Try watermelon instead. A Texas scientist says the fruit contains bioactive compounds that relax blood vessels, much like Viagra. "The more

U.S. Citizenship Numbers Dip

After steady years of growth, the number of Indians adopting US citizenship has declined. 46,871 Indians took out U.S. citizenship in 2007, down from 47,542

9/11 Fraud

The former Chief Medical Examiner for New York has been sentenced to 15 years in prison for embezzling $9 million in 9/11 victims funds. Natarajan

Honor Killing

A Jonesboro, Ga., man has been charged with murdering his daughter because of her refusal to stay in her arranged marriage. Chaudhry Rashid, 54, a

World's Best Hotels

Theree Oberoi Group hotels are ranked among the top 10 in the world by Travel + Leisure magazine. The Oberoi Rajvilas in Jaipur, The Oberoi

Mostage Postage

Bhutan is perhaps the world's most isolated country. But it is at the cutting edge of the philatelic world, introducing over the years the  world's

Trouble for Scrabulous

Scrabulous, one of the most popular applications on Facebook, created by two Indian brothers, is being sued by Hasbro, the owners of Scrabble for copyright

Indians Obnoxious Tourists

Indians have been rated as the second most obnoxious tourists in the world, after the Chinese, in an online poll conducted by a travel site.

Mumbai, Through NR-Eyes

Whether it's business or Bollywood that interests you, Mumbai is the place to be! But is the city all it's cut out to be? And what is it like to live there? Here's the 411.

Minority Lawyers

Three Indian American attorneys: Preeta Bansal of New York's Skadden, Arps, Slate, Meager & From; Sri Srinivasan of O-Melveny & Myers (Washington DC) and Prakash

Women's IIT At Amravati

A proposal to establish the first all-women's Indian Institute of Technology in Amravati, Indian President Pratima Patil's hometown, is on fast track, according to media

H1 Zone

Dasondi, owner of Cygate Software and Consulting, is accused of fraudulently sponsoring six people through his company in exchange for kickbacks. Proecutors allege that the

Indian Talent

 India is the third most popular country for sourcing foreign talent after China and the United States, according to a global survey.  The Borderless Workforce Survey

Outsourcing Billionaires

Five of the seven billionaires whose principal source of wealth is outsourcing are Indian, according to Forbes magazine.   Wipro's Azim Premji tops the list with a

The 10 Million Millionaire's Club

India boasts 123,000 millionaires, a 23 percent jump from last year, the fastest growth in any country in the world, according to the World Wealth

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