Business
In Good Company?
Indian American companies are scrambling to cope with the deepest recession in a half century.
Indian Companies Lead H1B Visas
Contrary to the popular bashing on Capitol Hill that Indian companies use a majority of the H1B visas, an analysis by the National Foundation for
World’s Largest Importers 2008
World’s Largest Importers 2008 1 United States $2.17 trillion. 2 Germany $1.21 trillion. 3 China, $1.13 trillion. 4 Japan $762 billion. 5 France $708 billion. 6 Britain $632 billion. 7 Netherlands $574 billion. 8 Italy $556 billion. 9 Belgium $470 billion. 10 South Korea $435 billion. 11 Canada $418
H-1B Visa Slow Down
This agency says it will extend the date if the number of applications do not exceed the annual quota of 65,000.
$2 Billion in US Arms for India
The aircrafts will be delivered to the Indian navy over the next 7 years.
Ajit Jain’s Golden Touch
Jain, a former McKinsey executive, and a graduate of IIT Kharagpur and Harvard University, has been tipped as Buffet’s possible successor at Berkshire Hataway.
Pandit’s $37 Million Signing Bonus
Pandit pledged that he would work for $1 a year until his bank returns to profitability.
India’s CEOs
IIM Ahmedabad produced the most CEOs, followed by IIM Calcutta.
$350 Million Outsourcing Contract
Reader’s Digest is moving its IT operations spanning 45 countries to India.
The Shopper Of Tomorrow Trading Down
"The level of depression is pervasive. This is a very dark period. Hope it provokes some serious introspection."
No Indian Stimulus
India's fiscal stimulus package
Medicare Fraud
Couple submitted false Medicare claims in 2005 -2006
Fannie Mae Logic Bomb
Unix engineer indicted on charges of computer sabotage for planting the malicious code after he was fired from his job.
Chicago-area Doctors Charged With Fraud
Doctor secured private healthcare information on scores of patients and submitted fraudulent claims.
Banks Hit Over Foreign Hires
The largest banks that received taxpayer loans announced more than 100,000 layoffs.
IBM Offers To Move Laid Off Workers To India
IBM is pitching “Project Match” to those who are willing to work on local terms and conditions.
Stricter U.S. Visa Rules
H-1B visa reform legislation is tightening the screws on outsourcing companies.
Scandal at Satyam: Truth, Lies and Corporate Governance
The Satyam debacle will have an enormous impact on India’s business scene over the coming months.
A Sweet Exchange
Reflections on the Rupee - and candy.
Don't Duck Now
When the going gets tough, the tough don't skimp on their ad budgets
India's $4 Billion Stimulus
As President Elect Barack Obama weighs a $800 billion stimulus package, investors in India are cheering a $4 billion stimulus package by the Indian government directed at infrastructure projects and tax cuts.
India Plants Flag On Moon
"The tricolor has landed," proclaimed the Hindustan Times as a box shaped probe painted in India's saffron, white and green flag crash landed on the
India's FDI Up
Foreign direct investment to India ballooned to $2.56 billion in September, up almost 260 percent over the same month last year.While Indian equities are taking
Medical Tourism
In a bid to reduce costs, the Health insurer WellPoint Inc. is setting up a pilot program to send patients to India for surgeries. An estimated
Be Your Own Financial Planner
Set/Revisit your GoalsTry to set SMART goals. These are goals that are Specific, Measurable, Achievable, Relevant, and Trackable. For example, you may want to create
Do Celebrity Endorsements Work?
Advertisers are pouring millions into celebrity endorsements. How much bang are they getting for their bucks?
Fired For An Hour
Jet Airways has hastily rescinded its orders laying off 1,900 probationary crew members to reduce costs. After angry fired employees marched through the airport terminal
Pakistan Taps Expats To Avoid Bankruptcy
Pakistan, seeking to stave off bankruptcy, is pleading for help from its expatriate community. The government, which has also turned to the International Monetary Fund,
93% Of Indian Bank Deposits Fully Safe
Even though India's Deposit and Insurance and Credit Guarantee scheme only protects just Rs 1 lakh ($2,000) in each account (compared to $250,000 that the
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.
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?
