Business
Funny Money
Indian Canadian comic Russell Peters, who recently released a DVD Red, White and Brown has climbed to the top 10 earning comedians, according to Forbes
Green Card Relief
A new immigration bill co-sponsored by 51 Congressmen would grant green-card holders the same rights as citizens to bring their spouses and children to the
Premji: Visa Controversy naïve
Protectionist measures scaling back professional visas are naïve and counterproductive.
Spotting Grey
White is the most popular color for cars worldwide, but Indians are bucking the growing popularity of black and grey colors in America and Europe.
Silicon Valley’s Glass Ceiling
Asians might power the Silicon Valley revolution, but they do so from the back of the bus. A new study has found that even though
Australian Envoy
Australia names an Indian Australian as its new High Commissioner to New Delhi.
Foreign Employers Black List
The Indian government compiles a black list of 355 foreign employers.
Reverse Exodus: Gulf Workers Head Home
The main commodity which Kerala exports to the Gulf countries is manpower
TCS Mexico
Tata Consultancy Services opens its third global network delivery center in Mexico.
Nilekani Has Got Your ID
The agency expects to issue 100 million ID cards over the next three years.
American Techies Unemployable
HCL Technologies’ CEO Vineet Nayar has created a stir by asserting that American tech graduates are “unemployable.”InformationWeek reported that in response to criticism that HCL
US Eases Technology Transfer
The agency expects to issue 100 million ID cards over the next three years.
Coming to a Dealer Near You
Detroit auto dealers, shifting to Indian auto manufacturer
Housing Rebound
Property prices more than doubled during India’s Real Estate boom between 2005 to 2008
Satyam, Re-branded As Mahindra Satyam
Satyam, the disgraced Indian outsourcing giant, has re-branded itself as Mahindra Satyam following its acquisition by Tech Mahindra. New CEO C.P. Gurnani said: “Mahindra Satyam
India Triples U.S. Debt Holdings
India has tripled it holding of U.S. treasuries during the past year and is now the 15th largest foreign holder of U.S. debt. Data from
Indian IT Industry Hits The Reset Button
This crisis is different, and ‘mother of all crises’ is not even beginning to describe it.
Affirmative Action For Whites
The new policy reduces the guaranteed placements based on SAT scores and grade point averages
Fly Bye
India’s airlines are rapidly dumping foreign pilots
Obama’s Corporate Tax Plans Hit Indian Nerve
Indian media have denounced Obama “anti-India” stance.
Indians World’s Greenest
Few Indians have hot running water and even fewer have air-conditioned homes — and that’s a good thing. A worldwide survey of environmentally sustainable behavior
96% Pay Cut Anybody?
Industry groups denounce the cynical offer.
Promoter Of DLF Sells Shares
Pomoter of India’s largest real estate company DLF, has sold $800 million of his shares
Indian Economy
India’s central bank cut interest rates by a quarter point to 3.25 and lowered the country’s growth forecast for next year to 6 percent from
Hero Drops Dailmer Venture
Hero Group drops joint truck-building venture with German automaker Daimler AG
Restaurant Owner Convicted
The owner of an Indian restaurant in Topeka, Kan., faces 10 years in jail after being convicted of abusing illegal workers from India. Amarpreet Singh was
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.
