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Voter Punishes The Corrupt & the Arrogant

Almost one-third of Indians will now be ruled by women. With Mamata Banerjee and J Jayalalithaa storming to power on Friday in West Bengal and Tamil Nadu, they join two other women chief ministers, Mayawati and Sheila Dikshit, to administer 368 million, or around 30% of India's 1.2 billion population.

Employee Accuses Infy Of Misuse Of B-1 Visa Norms

The US may review its B-1 business visa programme following allegations by a local Infosys employee that the Bangalore-headquartered information technology (IT) company was misusing it to tackle H-1B visa restrictions.

India’s Anti-Poverty Programs Are Big But Troubled

India spends more on programs for the poor than most developing countries, but it has failed to eradicate poverty because of widespread corruption and faulty government administration, the World Bank said Wednesday.

Diamonds Are Not Forever

Industry Moves from Israel to India

Expensive Bite

Termites at an Indian bank gobbled up nearly Rs 10 million ($225,000) in paper currency held in a strongroom.  “The branch management has been found guilty

‘Sher’ Share

India’s tiger population has grown 38% since 2006 to 1,706, according to a new tiger census released by the country’s environment ministry. The greatest growth

India Visa Fraud

U.S. Consulates in India are concerned with visa fraud, according to cables disclosed by Wikileaks.

India Outpaces China?

India’s growth outpaced China for the first time, according to IMF’s latest World Economic Outlook. India grew by 10.36% in 2010, a tad higher than

Kayem Mayhem

An Indian drug company, criticized by activist groups opposed to the death penalty, has pledged to stop selling chemicals used for lethal injections to American

BPO to top $1.4 Billion

India’s business process outsourcing market will top $1.4 billion this year, representing a 23 percent growth from last year, according to a  study by the

Extorted Affair

The agency denies that the official had an affair.

Preparing The Underprivileged

Do Super 30 and other coaching classes make the grade?.

Changing Habits

Finding a new recipe for success in India’s food markets.

Nobel Laureate Ousted

Nobel Laureate Muhammad Yunus has been ousted from the pioneering microfinance lender Grameen Bank, which he founded three decades ago. Yunus, 70, was dismissed from

AOL Fires 90% Of India Staff

AOL has laid-off 90% of its Indian employees, reducing its Indian workforce from 1,000 to just 100 at its office in Bengaluru. The  company is

The Next Big Indian Thing

9 of the 50 venture funded companies with the greatest promise to succeed in Wall Street Journal’s “The Next Big Thing 2011,” list have Indian

$2 Trillion Economy

The Indian economy is expected to grow to $6 trillion by 2020.

World’s Largest Arms Importer

India accounted for 9 percent of all international arms imports between 2006 and 2010. China accounted for 6 percent.

No No To Nano

Is the Tata Nano running out of gas?

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.

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