Business

Wipro Super Computer

Wipro is building India’s fastest supercomputer for the Indian Space Research Organisation (ISRO). The supercomputer, which will be almost one-and-a-half times more powerful than India’s

Buffet-Gates Head To India

Billionaire philanthropists Bill Gates and Warren Buffett are headed to India as part of the “Giving Pledge” initiative to encourage India’s rich to pledge half

Scrapping Nano City

 The Haryana State Industrial and Infrastructure Development Corporation is scrapping Hotmail founder Sabeer Bhatia’s dream project, Nano City. The public-private partnership project for a Silicon

FDI Dips in India

Foreign investors are shifting to more attractive emerging markets, such as Thailand and Brazil.

$2 Billion Tax Bite?

UBS claims the documents are forged and that he does not have any accounts or assets with them.

The Tata Tapes and Beyond

Juggling Privacy, Reputation and the Public Interest

Indian Outsourcing Companies Think Strategy Even as Pressure Mounts

Indian outsourcing companies navigate political minefields in pursuit of growth.

Indian Staffing Firms Hog H-1B visas

India-based staffing firms hog a disproportionate share of H-1 B visas, according to a report by the Government Accountability Office. Just 10 staffing firms, six

H-1B Visa, Anyone?

11,000 H-1B visas still remain available this year, according to the figures released by the US Citizenship and Immigration Services (USCIS).  The annual cap of

Asia’s First Tidal Power Plant

Gujarat is set to build Asia’s first tidal power project off the Gulf of Kutch. The mega marine power project by U.K.’s Atlantis Resources and

India’s Exports Boom

India’s merchandise exports rose 26.7% in the April-November semi annual period to $140.3 billion from a year earlier, putting the country on course to exceed

Masala

India is the world’s fifth largest coffee exporter and Starbucks will begin by sourcing coffee beans from Tata Coffee.

Taking Stock

Foreign investors pulled more than $1 billion from the Indian stock market in January as the Bombay Stock Exchange lost nearly 10  percent of its

Securities Board Fines Anil Ambani

Ambani, Satish Seth, S.C. Gupta, Lalit Jalan and J P Chalsani are accused by the SEBI of misrepresenting investments and annual reports from 2007 to 2009.

Opulent Lies

Hedge Fund Manager Neil Godbole is fined by the SEC for defrauding investors

We Wanted to Reach Millions

Slideshare is considered the YouTube of Powerpoint presentations.

Capital Plight: What Drives Corruption In India?

Just 20% of people in India would be honest, regardless of the temptations, according to a former Central Vigilance Commissioner.

$1.9 Million Wrongful Hire

A federal jury this month has awarded a former Seagate Technology engineer $1.9 million in a wrongful employment case. Chandramouli Vaidyanathan claimed in his lawsuit

India, China Bolster U.S. Trade

The Obama Administration has set an ambitious goal to double exports over the next five years

$2 Billion Gift

Premji is the third richest Indian with an estimated net worth of more than $17 billion.

Race To The Top

What Sets China and India Apart?

$462 Billion Heist

These “illicit financial flows,” says GFI, “were generally the product of corruption, bribery and kickbacks, criminal activities and efforts to shelter wealth from a country’s tax authorities.”

Hedge Fund Manager Fined by SEC for Concealing $14 Million in Trading Losses

Opulent Lite Manager Neil Godbole is barred from the securities industry for defrauding investors.

Lead U.S. Scientist

Suresh earlier served as dean of the MIT engineering school.

Capitalism vs. Altruism

SKS Rekindles the Microfinance Debate.

Offshoring Companies Take Political Hit

Democrats are denouncing the U.S. Chamber of Commerce’s political advertising campaign this election season for being funded by foreigners. A progressive policy group ThinkProgress has

Reliance Raises $1.5B in Bonds

Reliance Industries’ U.S. subsidiary, Reliance Holding USA Inc., has raised $1.5 billion in bonds in India’s largest-ever corporate bond sale. The offer was nearly 7.8

Sales rise 50% in India

Strong demand in India and China led to a 40 percent growth in sales in Asia-Pacific and Africa in the first three quarters for Ford

Foreign Investors

Lured by a booming stock market, foreign investors have poured $28.5 billion into Indian stocks in the first nine months of this year, more than

Indian Hunger

The Food Policy Institute has ranked India at the near bottom of its Global Hunger Index, accounting for almost 42 percent of the world’s underweight

29 Million Cigarettes

Ghalib Shahjamaluddin, 43, is charged with paying an undercover investigator $4.3 million.

U.S. Partner Sues Mahindra

Global Vehicles USA is suing Mahindra for terminating its contract in June after it spurned a takeover offer.

Group Buying Sites

Strategy of the Future or Too Good to Be True?

India Hikes Interest Rates

India’s central bank raised a key interest rate for its short term loans to banks for the fifth time this year, signaling its intentions to

Tech Innovators

Three Indian entrepreneurs delivering high speed wireless internet services, educational farming videos and interfaces for the illiterate are among 35 innovators “who exemplify the spirit

Hi Tech Mahabharata

Morrison says, “All technology should consider embracing some of this retro-Indian-steam punk aesthetic.”

NRI Taxation

A new bill pending in India’s parliament proposes to tax NRIs on their global income if they spend more than 60 days in a year

Suzuki Plans Third Auto Plant

Suzuki is planning a third vehicle plant with annual production capacity of 250,000 in India to meet exploding demand. Suzuki holds a controlling 54 percent stake

$2.6 Billion Tax Bill For Vodafone

An Indian court has assessed $2.6 billion in taxes for Vodafone’s 2007 acquisition of one of India’s largest mobile phone companies.The Bombay High Court

Japan, India Plan Free Trade Agreement

Japan and India plan to sign a free trade pact that will scrap tariffs on 94 percent of traded goods over the next decade.The agreement

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