Business

India-West Staff Reporter NEW YORK, NY - Entrepreneur and founder of Prep Expert, Dr. Shaan Patel, has just launched a revolutionary Digital SAT Prep Book as the SAT undergoes its first-ever transition to a digital format in almost a century. Scheduled

NEW YORK, NY (IANS) - Spiritual tech startup Astrotalk on February 12 said it has raised $20 million in a Series A round led by Left Lane Capital, a US-based venture capital firm. Astrotalk said it will use the funds for

HARTFORD, CT (IANS) - Global aircraft engine manufacturer Pratt & Whitney on February 13 said it has established its new India Digital Capability Centre in Bengaluru. The new center will accelerate innovation and drive digital and business transformation for Pratt &

BENGALURU, (IANS) - Microsoft Chairman and CEO Satya Nadella on February 7 announced that the company will train more than two million people in India in generative AI skills, to address talent shortage in the AI era. Addressing an event here,

MOUNTAIN VIEW, CA (IANS) - Google and Alphabet CEO Sundar Pichai on February 8 announced the next chapter in the company’s AI journey, saying Bard will now simply be called Gemini. It’s available in 40 languages on the web and is

NEW DELHI, (IANS) - US-based investment firm Vanguard has the Indian ride-hailing major Ola's valuation to less than $2 billion. Vanguard marked down Ola’s parent company ANI Technologies valuation to $1.88 billion (as of November 30, 2023), as per its regulatory

CUPERTINO, CA (IANS) - Apple has registered strong double-digit growth in the December quarter in India, reaching another quarter revenue record in the country, the company’s CEO Tim Cook has said. Apple announced financial results for its fiscal 2024 first quarter

NEW DELHI, (IANS) - Byju's Alpha unit in the US has filed for Chapter 11 bankruptcy proceedings in the US court of Delaware, listing liabilities in the range of $1 billion to $10 billion. The ed-tech company was once valued at

CARSON CITY, NV (IANS) - The Nevada Department of Taxation has slapped Infosys with a fine of $225 for alleged violation of short payment of modified business tax for two quarters. However, the company maintained that it is in the process

By NAVNEET S. CHUGH TiE Global held a charter members winter retreat in Colombo, Sri Lanka at the Cinnamon Beach Hotel resort, Bentota for three days starting January 25. The retreat featured an excursion to Galle city, lunches, and dinners at local

India- West Staff Reporter HOUSTON, TX - Governor Greg Abbott of Texas is in India holding a series of meetings with business leaders and government officials to discuss technology opportunities between his state and India. His delegation includes wife Cecilia Abbott, Secretary

IRVINE, CA (IANS) – Infogain which is in human-centered digital platforms and software engineering services, on January 23 named Dinesh Venugopal as its Chief Executive Officer, effective February 8. Venugopal will take over from Ayan Mukerji, who joined Infogain in 2018

India-West News Desk CHICAGO, IL - Archer-Daniels-Midland Co. (ADM), the prominent US agricultural trading giant, has suspended its Chief Financial Officer (CFO) Vikram Luthar and revising its earnings outlook pending an investigation into its accounting practices. The company announced on January 22

HYDERABAD, (IANS) - Boeing estimates India will need more than 2,500 new aircraft by 2042 to cater to the needs of its growing civil aviation market. Based on the forecast given last year, the company estimates that the airlines in South

BARRINGTON, IL (IANS) - A probe is underway by the Telangana police into alleged negligence and lack of safety precautions that led to the death of the CEO of a software company and critical injuries to the company president during

DAVOS (ANI) - Microsoft CEO Satya Nadella has highlighted the importance of Artificial Intelligence in science. Nadella said science is probably the place where they will start witnessing "real acceleration." Speaking in conversation with World Economic Forum Chairperson Klaus Schwab, Nadella

Photo: Boeing SEATTLE, WA (ANI): Global aerospace major Boeing has opened its first distribution center in India -- in Khurja, Uttar Pradesh. The 36,000-square-foot parts warehouse will support regional aviation customers in maximizing fleet utilization.The aerospace company, in a statement, asserted

SAN FRANCISCO, CA (IANS) - The US Securities and Exchange Commission (SEC) has finally approved several spot Bitcoin exchange-traded product (ETP) shares, and with the decision, the world's largest cryptocurrency has joined the global financial system. The decision will make around

India-West Staff Reporter WASHINGTON, DC - The US-India Strategic Partnership Forum (USISPF) on January 9 announced its association as a partner organization with the Vibrant Gujarat Global Summit 2024 from January 10- 12 in Gandhinagar. The delegation includes executives from Salesforce, Abbott,

India-West Staff Reporter MUMBAI - Tata Starbucks on January 9, said its goal was to operate 1,000 stores in India by 2028, which would translate to one new store opening every three days. The strategy focuses on skilling local partners for

CHENNAI, (IANS) - As India doubles down on local manufacturing, Apple assembled iPhones worth more than Rs 1 lakh crore in India in 2023, according to industry data. Industry sources said on January 9 that out of Rs 1 lakh crore,

NEW DELHI, (IANS) - The Delhi High Court on January 9 overturned a previous decision and ruled in favor of PepsiCo, allowing the company to claim a patent for the potato variety exclusively grown for its Lay's potato chips. A division

SAN FRANCISCO, CA (IANS) - Former Twitter CEO Parag Agrawal has entered the artificial intelligence race, reportedly raising $30 million for his startup. Agrawal, who was sacked by Twitter (now called X) owner Elon Musk in late 2022, raised about $30

NEW DELHI, (IANS) – The San Diego chip-maker Qualcomm on December 7 announced a significant expansion in Chennai with a new facility for their design center, allocating a proposed investment of Rs 177.27 crore, that is likely to generate 1,600

India-West Staff Reporter IRVINE, CA – The all-new 2024 Kia EV9 EV SUV has earned its first awards of the new year from the editors of two trusted sources for car research and reporting – The Car Connection and Green Car

SAN FRANCISCO, CA (IANS) - Entrepreneur Jai Malik-led early-stage venture capital firm Countdown Capital will reportedly shut down by March-end amid the funding winter. The company is slated to complete pending investments, return capital, cancel all uncalled commitments, and permanently cease

SAN FRANCISCO, CA (IANS) - Nikesh Arora, a SoftBank veteran and now the CEO of cybersecurity company Palo Alto Networks, has entered the billionaires’ club after a hefty paycheck he received from the firm. He received a $125 million stock and

CHENNAI, (IANS) - With the development of a rocket that can lift above four tons still a work in progress for the Indian Space Research Organization (ISRO), India will be using a US rocket for the launch of communication satellite

India-West Staff Reporter WASHINGTON, DC - US-India Strategic Partnership Forum President and CEO Mukesh Aghi on December 29 remarked that the diplomatic momentum gained during the visits of Prime Minister Narendra Modi and US President Joe Biden paved the way for

India-West News Desk NEW YORK, NY – CNN Business has named Microsoft CEO Satya Nadella as the CEO of the year. “It was the year of artificial intelligence, and no Big Tech company leaned into the trend like Microsoft,” it said. In 2023,

FREMONT, CA (IANS) - American energy technology company Enphase, based here and led by Badri Kothandaraman, is laying off 10 percent of its global workforce, impacting approximately 350 contractors and employees. According to Enphase President and CEO Kothandaraman, the move is

Photo: Wikipedia SAN FRANCISCO, CA (IANS) – The US educational non-profit organization Code.org has sued Byju’s subsidiary Whitehat Jr here, over failing to pay its dues. In the lawsuit filed in a California district court, Code.org alleged that WhiteHat Jr, which Byju

India-West News Desk BOSTON, MA - Wayfair CEO Niraj Shah has ignited a storm of criticism after encouraging employees to embrace extended work hours and seamlessly integrate work and personal life in his end-of-year message. The company, boasting a workforce of approximately

HUNTSVILLE, AL (IANS) - Consumer technology company Honeywell India on December 14 said that it brought 26 Indian students to the US Space & Rocket Center for its 13th annual space camp. The selected students from Indian cities, including Bengaluru, Pune,

WATERTOWN, MA (IANS) - India’s Sun Pharmaceuticals Ltd has said that it has agreed to acquire a 16.7 percent stake in US company Lyndra Therapeutics Inc for $30 million. Lyndra Theraputics, based here, is engaged in the business of developing novel

India-West News Desk WASHINGTON, DC - Walmart on December 19 announced that the first made-in-India bicycles will be available at selected stores in the US market just ahead of the Christmas holidays. The initiative is part of Walmart's commitment to triple exports

SAN FRANCISCO, CA (IANS) - After almost a year when Google announced the decision to cut 12,000 jobs, Alphabet and Google CEO Sundar Pichai has said that the decision to inform employees affected by the layoffs was "not the right

Photo: Bose FRAMINGHAM, MA (IANS) – Indian consumer electronics brand Noise on December 18 announced it has received strategic investment from Bose, the global pioneer in consumer electronics and audio. This marks Noise’s first-ever funding - and as a part of the

NEW DELHI, (IANS) - Sam Altman's OpenAI is reportedly working with ex-Twitter India head Rishi Jaitly to help the ChatGPT developer understand the Indian policies and regulations around AI and how to navigate those. According to a report in TechCrunch, Jaitly

Photo: Apple and Tata CHENNAI (IANS) - The Tata Group is planning to build one of India's largest iPhone assembly plants in Tamil Nadu's Hosur, media reports said on December 8. According to the reports, the facility is expected to feature around

NEW DELHI, (IANS) - Dell Technologies on December 6 announced that it has met its target of positively impacting two million beneficiaries in India through the Mobile Solar Community Hubs launched last year and is set to expand the program

NEW DELHI, (IANS) - To diversify its global supply chain and move manufacturing out of China, Apple has informed its component suppliers of its preference to source batteries for the upcoming iPhone 16 from Indian factories, a media report said

NEW DELHI, (IANS) - Courier delivery services giant FedEx on December 5 inaugurated its first-ever advanced capability community hub in Hyderabad, making a significant investment of $100 million in the city’s tech landscape. The FedEx ACC is envisioned as a hub

WASHINGTON DC (ANI) - US Secretary of Commerce Gina Raimondo and Union Minister for Commerce and Industry Piyush Goyal discussed future collaboration on supply chains, workforce development, and other sectors. The two leaders held discussions during a virtual US-India CEO Forum

SAN FRANCISCO, CA (IANS) - Indian American businessman and co-founder of Sun Microsystems, Vinod Khosla has backed Infosys founder NR Narayana Murthy's suggestion that India's youth must work 70 hours every week to improve the country's overall work productivity. Responding to

SAN FRANCISCO, CA (IANS) - Fresh details have emerged in Sam Altman’s ousting from OpenAI, with a new report claiming that the company’s old board deliberately excluded Microsoft after initially voting to expel Altman as CEO. The New Yorker reported that

NEW DELHI, (IANS) - Contract manufacturer Foxconn plans to invest $1.54 billion in India, as the country doubles down on local manufacturing. In a stock exchange filing, Foxconn said that the investment will help it fulfill “operational needs.” The company, however, did

LAS VEGAS, NV (IANS) - The friendly government policies and timely investments have given a much-needed boost to startups in the aerospace sector compared to other countries and the country is ripe for tremendous growth in the space industry over

The proprietary products include a range of strong and durable items such as plastic bags, straws, cups, and utensils. By REENA RATHORE INGLEWOOD, CA - As the world continues to find ways to beat plastic pollution that is contaminating the environment, new

DALLAS, TX (IANS) - Indian tech giant TCS has been asked by a jury in Dallas, Texas Federal court, to pay $210 million to US IT Services Firm DXC (formerly CSC) for alleged misappropriation of source code to develop TCS