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Room With a Due

Eight five-star hotels in New Delhi are behind almost $120 million in rental payments to the government, according to an investigation by Tehelka magazine

Racist Rant

Mike Pompeo said the link was mistakenly posted on the Pompeo for Congress website and then tweeted.

World’s 2nd biggest Spammer

India accounts for nearly 1 in 8 spams worldwide, making it the world’s second biggest spammer, behind the U.S., which accounts for almost a  quarter

Soros Buys Into Bombay Stock Exchange

Billionaire George Soros’ Quantum hedge fund has purchased a 4 percent stake in the Bombay Stock Exchange for $32 million. The deal values Asia’s oldest exchange,

India Blocks Vedanta Mining Project

Citing human rights and environmental violations, India’s environment ministry has barred Vedanta Resources, led by Indian billionaire Anil Agarwal, from mining bauxite for its alumina

Srinivasan Leaving Yahoo!

Yahoo’s editor-in chief Srinija Srinivasan is leaving the company she helped found to focus on jazz. Srinivasan, 38, who joined Yahoo in 1995 as its fifth

CBS Ambani Network

Both companies will have a 50 percent stake in the network.

Make My Trip Soars

The company raised nearly $70 million from the IPO

Visa Fee Hikes

A new law raises the fees for H1B and L1 visas by almost $2,000 for companies over half of whose employees use work visas.

Opulent Loss

As two Bay Area hedge funds melt down, nearly 100 Indian investors sue former Navin Mail CEO & Founder Vishwas Godbole and his children for orchestrating a $20 million fraud.

Opulent Loss

As two Bay Area hedge funds melt down, nearly 100 Indian investors sue former Navin Mail CEO & Founder Vishwas Godbole and his children for orchestrating a $20 million fraud.

Resume Padding

Three clinical trials based on their work have been halted after questions were raised by scientists who failed to replicate their results.

India Targets Double Digit Growth

India expects to register a 8.5 percent growth in the current 2010-2011 year and is aiming to touch double digits in 2010, according to Finance

Bribing Indian Companies

A California valve company bribed officials at Bharat Heavy Electricals Ltd (BHEL), Maharashtra State Electricity Board (MSEB), Haryana State Electricity Board (HSEB), National Thermal Power

Rupee Symbol

The Indian cabinet approved a symbol of the Indian rupee on July 15.  

Hundreds Of Indian Wal-Marts

The company currently is in a 50:50 joint venture with Bharti Enterprises.

$35 Laptop

The government proposes to subsidize the tablet by 50 percent

Peeping Techie

A tech support agent in India is accused of striking up an online friendship with a caller and then using her credit card to purchase a Dell computer, which he shipped to a woman in Waynesboro, Tenn.

The New Right-hand Men

The growing role of women in Indian Family Business

Indians Fourth Largest Immigrant Group In Australia

The Indian population in Australia doubled in the last six years, displacing Italians as the fourth largest immigrant group in the country.Indians are the fastest

Trip At 66

A 66-year-old Indian woman has become the oldest woman in the world to give birth to triplets after undergoing vitro fertilization.The children are Bhateri Devi’s

India Seeks ex-Union Carbide CEO’s Extradition

The Indian Cabinet had decided to seek the extradition of the former head of Union Carbide Warren Anderson over the toxic gas leak in 1984

1in 16

India’s leading software firm Infosys rejects 94 percent of job applicants, according to its annual report. The company offered jobs to 26,200 of nearly 400,000 applicants

Nicht Deutsche?

Anshu Jain’s elevation as head of investment banking at Deutsche Bank, putting him next in line for the bank’s top job, is raising eyebrows in

Asian Millionaires Boom

 Asian millionaires have overtaken their European counterparts for the first time. According to a report by Merrill Lynch Wealth Management and Capgemini, the wealth of Asian

IPL Owners Want Salary Cap Raised

Indian Premier League franchise owners want the salary cap in the Twenty20 league raised by $2 million to $9 million. The number of teams in the

Richest Malay Indians

Telecom giant Ananda Krishnan, ranked second on the list.

Reliance Expands

Reliance has the option to buy 45 percent share of Pioneer’s new gas discoveries.

Gulf Overtakes North America In Remittances To India

The share of remittances from the Gulf regions grew during the global economic crisis in 2008-2009 and declined from North America and East Asia.

Output Growth Slows

India’s industrial output growth rate continues to slow. Output grew 15.1 percent in February, below January’s 16.7 percent growth and December’s peak at 17.6 percent,

Rajat Gupta On Galleon Tapes?

The widening circle around Galleon Group hedge fund billionaire Raj Rajaratnam, who has been charged with insider trading, might have ensnared former McKinsey Managing Partner

Outsourcers Rebound

Net profits at Tata Consultancy Services Ltd., India’s largest outsourcing company, grew 29 percent to almost $1.45 billion in the fiscal year ending March 2010.

End of the Third World

With the rise of China, India and Brazil, it is time to drop the use of the term “Third World” to categorize developing countries, according

Priceless Banga

MasterCard Inc has elevated Ajay Banga to chief executive officer, just 10 months after recruiting him from Citigroup as president and chief operating officer.  Banga,

KSU MBA Program In India

Georgia’s Kennesaw State University is set to launch India’s first executive M.B.A. program in collaboration with an American university in Mumbai next fall. The venture

Who You Gonna Call! India!

The company has signed a deal with Infosys to run its IT helpdesk

Turbines In India

GE is aggressively courting the Indian market, including a healthcare joint venture

Lifeline Express

Can trains-turned-hospitals cure rural India’s health care woes?

$328 Billion Piggy Bank

Global remittances keep families and some nations afloat.

Abbott Buys Piramal

Chicago’s Abbott Labs has bought the domestic healthcare business of India’s Piramal Healthcare Ltd., for $3.72 billion. The deal makes Abbott the largest pharmaceutical company

Let’s Make An Ambani Deal

Peace between the Ambani brothers?

3G Auction

$14.6 billion for India's 3G mobile spectrum.

Buffet Has Ajit’s Back

Warren Buffet again raves about Ajit Jain, head of Berkshire’s reinsurance business, who is often tipped as Buffet’s successor

Mahindra Reva

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H-1B Workers Earn More Than U.S. Workers

A University of Maryland study reports that contrary to widespread belief foreign workers earned more than U.S. tech professionals. The study “Are Foreign IT Workers Cheaper? U.S. Visa

The State Of Indian IT

Stabilized but cautious.

Start Up Visa

Immigrant entrepreneurs who are able to line up $250,000 in investment will become eligible for a new two year visa under a bill proposed by Senate Foreign

Gender Gap

India has the fewest women employees among 20 countries surveyed in the World Economic Forum Corporate Gender Gap 2010. The United States (52%), Spain (48%),

Renault Nissan

Renault and Nissan have established a joint car factory in Chennai that is expected to manufacture 400,000 vehicles a year by 2015. Production of Nissan’s new sub-compact

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