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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

Second Best Stock Returns

With a 200% return over the past six years, Indian stocks had the second highest return for investors in Asia. At the end of 2009, the Sensex

India Hikes Rates

The country’s Wholesale Price Index rose 9.9 percent in February and may top 10 percent in March

IMG Targets Indian Sports

IMG is also behind the Indian Premier League.

Indian Investment In US

India and the United Arab Emirates are the fastest growing investors in the United States. According to Under Secretary of State for Economic, Energy and Agricultural

Domino’s Pizza

India is its fastest growing market.


Facebook has 8 million users in India.

Indian Billionaire Seeks To Buy Out Astro

Maybank Investment Research said in a report the offer price was above fair value and attractive

$31 Million Scam

A 46-year-old chief accounting officer at an audio company has been indicted for embezzling $31 million. Sujata “Sue” Sachdeva, former vice president of finance for

Air India Gets Bailout

Air India is reeling under a $8 billion debt load.

Hiring Frenzy

Tata Consultancy Services, Infosys, and Wipro expanded their global workforces by an average of 5.1 percent last quarter.

Frosty Vibes at Chatwal's Ava Lounge

A federal lawsuit accuses two upscale bar lounges in Sant Singh Chatwal's Dream Hotel of labor law violations.

U.S. Tata Nano?

Tata Motors is reportedly toying with a $5,000 version of its Nano car for the U.S. market. The Nano, which scrambled the Indian small auto market with

World’s First Hybrid Motorcycle

Eko Vehicle launches world's first hybrid motorbike.

H1B Visas

  Wipro topped the list of companies issued the largest number of H-1B visas in 2009, the US Citizenship and Immigration Services (USCIS) reported.Top 25 Companies with H1B

Democratizing the Hollywood Film Industry

Sunil Rajaraman, co-founder, president and CEO of, is on a mission to change Hollywood.

Chandra Proteco's Kentucky Plant

Chandra Proteco is setting up a $32 million copper cable manufacturing plant in Morgantown, Kentucky, which is expected to create 106 jobs in the town.

Full Reddy Labs Expands US

Indian generic drug manufacturer Dr. Reddy's Laboratories, is undertaking a $16.5 million expansion of its plant in Shreveport. La.The state is providing sales tax abatement

Half Billion Mobile Phones

The number of mobile phones in India are expected to top 500 million at the start of 2010, the largest after China. The number of

Indian Women CEOs

The number of women CEOs in India is nearly four times that of the United States.According to a survey of 240 mid and large domestic

World's Cheapest Water Purifier

Tata aims to sell a million units in the first year.

Indian Market

Volkswagen aims to capture 10 per cent of the Indian auto market, which is expected to top 3.5 million by 2015.  The company is planning

What A Turkey!

Infosys is sued by a former Indian American employee for harassment and religious discrimination.

Underground Banker

Naresh Jain, 50, is suspected of moving over $2 billion in hawala annually

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