Business

India-West News DeskNEW YORK, NY - Arnab Ghatak, an Indian American former partner at McKinsey & Co, has filed a lawsuit against the consulting firm, alleging defamation and claiming he was made a “scapegoat” to divert attention from its work

India-West News Desk WASHINGTON, DC - The Department of Homeland Security has established the Artificial Intelligence Safety and Security Board. This board comprises over 20 executives from technology and critical infrastructure sectors, civil rights leaders, academics, and policymakers. The Board will advise

India-West News Desk WASHINGTON, DC - The US Food and Drug Administration (FDA) has initiated an investigation into the composition of spice blends produced by two Indian companies amid claims of high levels of cancer-causing pesticides. Earlier this month, Hong Kong

Photo: FedEx News Room India-West Staff Reporter MEMPHIS, TN - Global express transportation giant, FedEx Express, a subsidiary of FedEx, has unveiled a special tool to address the increasing complexities and volumes of imports into India. Called FedEx Import Tool (FiT), and developed

MUMBAI, (IANS) - Pharma major Lupin Limited has said that it has launched Mirabegron extended-release tablets, 25 mg, in the US market, after having received approval from the Food and Drug Administration. Mirabegron Extended-Release Tablets, 25 mg is a generic equivalent

NEW DELHI, (IANS) - Hewlett Packard Enterprise  on April 16 unveiled its 'Made in India' servers which are now being deployed at large scale to serve the growing demands of customers in the country. In July last year, HPE announced its

Photo: aspenideas.org Photo: Rohan Patel NEW DELHI, (IANS) - In a stark reminder of Twitter (now X) layoffs in 2022 when Elon Musk sacked about 80 per cent of the staff (nearly 7,500 people) after acquiring the social media platform, several high-performers

NEW DELHI, (IANS) - As Apple continues to minimize its dependence on China, the iPhone maker is increasing investments in India and is reportedly in advanced talks with Tata Group's Titan Company and Murugappa Group to assemble sub-components for phone

EDISON, NJ (IANS) - Wipro, a prominent IT major, has appointed Srini Pallia as its new CEO and Managing Director, with immediate effect. Pallia takes over from Thierry Delaporte. Rishad Premji, Chairman of Wipro, expressed confidence in Pallia's capabilities, noting his

NEW YORK, NY (IANS) - India remains a "strong" recipient of foreign investments as multinationals recognize it as an alternative manufacturing base for supply chains, according to the United Nations. "India is benefiting by growing interest from multinationals, which see the

ATHERTON, CA (IANS) - Google Cloud CEO Thomas Kurian on April 9 announced several new capabilities and solutions in the AI era to drive customer success and momentum, including custom silicon advancements, Google Axion which is the company’s first custom

India-West News Desk NEW YORK, NY - The US-India Tax Forum, an initiative established by the US-India Strategic Partnership Forum (USISPF), has appointed Tarun Bajaj, former Revenue Secretary and former Secretary of Economic Affairs to the Government of India, as the

CHENNAI, (IANS) - Tata Group, which acquired Taiwanese electronics manufacturer Wistron's India operations for $125 million in October last year, is now reportedly eyeing to acquire Pegatron's iPhone manufacturing facility near Chennai, as Apple ramps up its presence in the

AUSTIN, TX - After India approved a new electric vehicle policy to attract investments in the EV space by global manufacturers, Tesla is reportedly sending a team this month to search for locations in the country for a $2-3 billion

Photo: Wikipedia India-West Staff Reporter LOS ANGELES, CA - Asia TV USA Ltd. and YouTube TV have announced the successful integration of 18 Zee Entertainment channels into the American market. This collaboration addresses the growing demand for content catering to regional languages

India-West Staff ReporterBAY SHORE, NY – Broward County Stadium in Central Broward Park is one of three US sites that will host the Men's T20 World Cup this year. LandTek is now building two out of three of the pitches

India-West Staff Reporter MENLO PARK, CA – Robinhood Markets has announced that it's co-founder and Chief Creative Officer, Baiju Bhatt, will step down from his executive role after over ten years in leadership to pursue other entrepreneurial interests. Bhatt will remain a member

NEW DELHI, (IANS) - Apple CEO, Tim Cook on March 25 extended Holi wishes. Cook, who shared the greetings on X, added a picture showcasing the festival's vibrant color and joy, shot on the iPhone. The image was clicked by photographer

NEW DELHI, (IANS) - Microsoft Chairman and CEO Satya Nadella on March 19 welcomed Mustafa Suleyman as CEO of the company’s artificial intelligence (AI) venture. As CEO of Microsoft AI, Suleyman will lead consumer AI products and research, including Copilot, Bing,

MUMBAI (ANI) – The Canada Pension Plan Investment Board (CPP Investments) has announced it will invest $297 million in the National Highways Authority of India (NHAI).   The proceeds will be used to acquire seven brownfield toll roads, currently owned by NHAI, as

India-West News Desk NEW YORK, NY - The Adani Group, the major conglomerate in India, faces heightened scrutiny as US prosecutors delve into potential bribery allegations involving billionaire founder Gautam Adani, sources familiar with the matter revealed said Bloomberg and subsequently

Photo: Kia’s hotly-anticipated EV9 is a fully-electric 7-seater SUV. BY REENA RATHOREIn the bustling automotive landscape of the U.S., a new electrifying contender has made its grand entrance – the all-new, all-electric 2024 Kia EV9.The EV9, which marks a significant leap

NEW DELHI, (IANS) – India is anxiously waiting for the first response from Elon Musk after the government approved a new electric vehicle (EV) policy that is designed to attract investments in the EV space by global manufacturers like the

NEW YORK, NY (IANS) - The steering committee representing term-loan lenders of Byju's $1.2 billion loan on March 15 said that a US judge has ordered to prohibit further movement or use of $533 million by the edtech company, which

NEW DELHI, (IANS) - India’s demographic trend of a younger workforce positions it positively as most large economies face shrinking working-age populations and tight labor markets, global brokerage, Morgan Stanley said. Per UN estimates, India's working-age population will continue to grow

NEW DELHI, (IANS) - The President and CEO of chip-maker Qualcomm, Cristiano Amon, said on March 12 that he looks forward to expanding the company's collaboration with the Adani Group. Amon met Adani Group Founder and Chairman Gautam Adani and had

NEW YORK, NY (IANS) – US based Baron Capital has increased IPO-bound online food delivery platform Swiggy's valuation to $12.16 billion, higher than the $10.7 billion post-money valuation at which the company secured funding in early 2022. In its new filings,

ROORKEE, (IANS) – The Indian Institute of Technology (IIT) Roorkee has inked a Memorandum of Understanding (MoU) with semiconductor leader Micron to help foster innovation and develop a highly skilled local workforce. The partnership which aims to bolster India’s goal of

NEW YORK, NY (IANS) - With just over three months remaining for the marquee clash between archrivals India and Pakistan on June 9 in the T20 World Cup 2024 to be held in the US and West Indies, construction work

India-West News Desk WASHINGTON, DC – In a public health alert issued on March 6, the U.S. Food and Drug Administration (FDA) has advised consumers against purchasing specific ground cinnamon products available at various retailers, including the Swad brand of Patel

Photo: Sony India-West News Desk LOS ANGELES, CA - Sony Pictures Entertainment has announced the promotion of Ravi Ahuja to the position of President and Chief Operating Officer, effective April 1. Ahuja, currently serving as Chairman, Global Television Studios, and Corporate Development, is

NEW DELHI, (IANS) - Embattled edtech company Byju’s on March 5 said that no funds have been siphoned off and around $533 million are currently in a 100 percent non-US subsidiary of the company. The US-based hedge fund manager Camshaft Capital

Photo: Vijaya Gadde (Left), Parag Agrawal (Right) SAN FRANCISCO, CA (ANI) - Former top Twitter executives, including Parag Agrawal, have sued Elon Musk, claiming the Tesla CEO had withheld USD128 million in severance payments after the billionaire took over the social

MUMBAI (IANS) - India has successfully flagged off its first commercial trial shipment of pomegranates to the US via sea under the aegis of the Agricultural Processed Food Products Export Development Authority from Vashi in Navi Mumbai. The pomegranate shipment comprising

NEW DELHI  (IANS) - A Delhi court on March 1 ordered Bloomberg Television India, to take down an article published against Zee Entertainment Enterprises Ltd on February 21. Bloomberg was also restrained from posting, circulating, or publishing the article on any

NEW YORK, NY (IANS) - Sridhar Ramaswamy has been named as the Chief Executive Officer and member of the Board of Directors of US-based data cloud company Snowflake. Ramaswamy, who previously held the position of Senior Vice President of AI, replaces

Photo: Rockwell Automation India-West Staff Reporter MILWAUKEE, WI - Rockwell Automation, headquartered here, has partnered with ISAP India Foundation to modernize dairy farming in the water-scarce region of Antargaon in Wardha District, Maharashtra. The initiative, ‘Economic and Social Development of Indian Village Through

CHENNAI, (IANS) - The Walmart Center for Tech Excellence, at the Indian Institute of Technology Madras (IITM), was inaugurated on February 28. Set up by Walmart Global Tech, part of the US retail chain Walmart Inc, it will develop solutions that

Photo: @Google, @sundarpichai India-West News Desk MOUNTAIN VIEW, CA - Google CEO Sundar Pichai has said the ongoing issues with the company's AI chatbot Gemini responses were "problematic" and showed bias. Pichai in a memo to employees called some of Gemini's responses "unacceptable" and

REDMOND, WA (IANS) - Elon Musk on February 27 further escalated his arguments with Microsoft on X, asking its Chairman and CEO Satya Nadella to allow people to set up a new Windows PC without creating a Microsoft account. As Nadella

India-West News Desk MUMBAI, McDonald’s is under fire in Maharashtra, where the state Food and Drug Administration is accusing it of using cheese substitutes in burgers and nuggets, instead of actual cheese. Westlife Foodworld Limited (WFL), which owns and operates McDonald's restaurants

MUMBAI, (IANS) - There has been a strong impetus for high-tech electronic manufacturing in India and the country will power tech giant Apple’s growth over the next decade, industry analysts said on February 23. Apple's revenue in India rose nearly 42

NEW DELHI, (IANS) - Marquee global brokerage Goldman Sachs has downgraded key Indian banking stocks and cut earnings estimates across the coverage universe by 5 per cent/2 percent on average over FY25E/26E. Goldman Sachs said: "We believe the proverbial Goldilocks period

CHENNAI, (IANS) - Vertically integrated pharma player Orchid Pharma Ltd said on February 23 that it will launch its Enmetazobactam drug in the US in the next couple of quarters. The company has received approval from the United States Food and

Photo: Omar Khan (Left), Nimish Patel (Right) Source: WSP.com India-West Staff Reporter WASHINGTON, DC – President Joe Biden has appointed Omar Khan and Nimish Patel to the Advisory Committee for Trade Policy and Negotiations. The White House made the announcement on February 23

NEW DELHI, (IANS) – In keeping with green energy goals, the Adani Group and Uber may soon announce a joint venture (JV) to help the global ride-hailing major expand its fleet that runs on alternative and renewable energy, sources said

HYDERABAD – BlackBerry Limited has officially opened its new ‘BlackBerry IoT Center of Excellence, Engineering and Innovation’ here, a world-class facility designed to advance mission-critical embedded software development for IoT industries. The company said it had “some of India’s best and

India-West News Desk BENGALURU - Ride-hailing major Uber on February 22 signed an agreement with the government’s e-commerce platform Open Network for Digital Commerce to explore integration with the network to expand the range of mobility offerings on the Uber app. Dara

NEW DELHI, (IANS) - Global competition for chip investment is fierce and India is set to expand its role in the semiconductor value chain with supportive government policies, a pilot visa program, and an industry-ready workforce, among others, a report

India-West News Desk NEW DELHI - In a lighthearted exchange on X, Carl Pei, CEO and co-founder of the London-based consumer electronics brand Nothing, suggested that Tesla CEO Elon Musk change his username to 'Elon Bhai' even as reports swirl of