Business

NEW DELHI (ANI) - US Ambassador to India Eric Garcetti on November 1 held a meeting with the Chairman of the US-India Strategic Partnership Forum, John T Chambers and the President and CEO of the USISP Forum, Dr Mukesh Aghi,

India-West Staff Reporter AUSTIN, TX - The University of Texas at Austin's McCombs School of Business has named Kumar Singirikonda, a resident of Dallas, to its Advisory Board. The Advisory Board composed of accomplished professionals, alumni, and industry leaders provides insights and

MUMBAI (IANS) - Tata-owned Air India has deployed its newly inducted Boeing 777 aircraft to all three US destinations it serves non-stop -- Mumbai-New York JFK Airport, Newark Liberty Airport, and San Francisco. The airline spokesperson said that for the first

CHENNAI (IANS) - Indian automotive tire maker TVS Srichakra will acquire the US-based industrial tire maker Super Grip Corporation. In a regulatory filing, TVS Srichakra said the company’s Board on October 20 had approved an overseas direct investment of $10 million for

NEW YORK, NY (IANS) - Morgan Stanley has increased the overweight stance on India as the most-preferred EM market. Relative economic/earnings growth is improving, and the macro-stability setup looks sufficient to withstand the higher real rate environment. The "DREAM" run of

Photo: uchicago.edut India-West News Desk CHICAGO, IL - Samir Mayekar, a former Deputy Mayor of Chicago and Obama administration alumni, with a track record of driving innovation and impact across the public, private and not-for-profit sectors, has been named managing director of

CHICAGO, IL (IANS) - US consumers in the hair relaxer product industry have alleged that subsidiaries of Dabur India sold and manufactured hair relaxer products that contain chemicals and that the use has caused ovarian cancer, uterine cancer, and other

NEW DELHI, (IANS) - Prime Minister Narendra Modi on October 16 virtually interacted with Google and Alphabet CEO Sundar Pichai, where they discussed Google's plan to participate in expanding the electronics manufacturing ecosystem in India. Modi appreciated Google’s partnership with HP

MUMBAI, (IANS) - The Indian rupee plunged to a 12-month low of 83.28 against the US dollar on October 16 amid rising oil prices and uncertainty in global markets due to the ongoing Israel-Hamas war. The RBI has been intervening periodically

NEW DELHI (IANS) - Air India Express is going to induct 50 new Boeing 737 MAX planes in the next 15 months. AIX Connect Managing Director Aloke Singh said. "Over the next 15 months, a total of 50 new Boeing 737

BENGALURU, (IANS) - Global semiconductor, aerospace and defense, electric vehicles, space, precision manufacturing and health tech companies from the United States have shown interest in investing over $3 billion in Karnataka. Some of the global companies are already in the process

NEW DELHI, (IANS) - An Indian American tech industry veteran and former Google executive with over 20 years of experience in product development, design, and strategy, has joined Microsoft as its corporate vice president. Aparna Chennapragada, who stepped down as chief

SAN FRANCISCO, CA (IANS) - Tech giants Google, Microsoft, Amazon, and others that have offices in Israel, employing thousands of workers, have condemned the unprecedented Hamas attack on Israel and promised the safety of their employees in the country. Alphabet and

SAN FRANCISCO, CA (IANS) - Fintech startup Synapse, backed by global VC firm Andreessen Horowitz (a16z) and run by CEO Sankaet Pathak, has laid off 86 people, or nearly 40 per cent of its workforce. This is the second round of

SAN FRANCISCO, CA (IANS) – The US based influencer marketing platform aspire.io said on October 2 that it has acquired Indian SaaS-based e-commerce platform Commerceup for an undisclosed sum. Twelve team members along with executive leadership of Commerceup joined Aspire’s product team to

SAN FRANCISCO, CA (IANS) - ChatGPT developer OpenAI’s CEO Sam Altman has invested in an artificial intelligence (AI) startup, founded by two teenagers Aryan Sharma and Ayush Pathak. The startup Induced AI, founded this year, has raised $2.3 million in its

SAN FRANCISCO, CA (IANS) - Former Twitter CEO Parag Agrawal, former policy lead Vijaya Gadde and other executives have won $1.1 million in legal fees from Elon Musk-run X Corp. Reports said on October 4 that Delaware Chancery Court Judge Kathleen St. J.

PITTSBURGH, PA (IANS) - Viatris (formerly known as Mylan Inc) has finalized two deals in India to divest its API (active pharmaceutical ingredients) and women's healthcare businesses for a combined consideration of around $1.2 billion, the healthcare company said on

SAN FRANCISCO, CA (IANS) - For Alphabet and Google CEO Sundar Pichai, the next 25 years are crucial as with artificial intelligence (AI), the company can do things that matter on an even larger scale. As Google looks ahead, the Indian-origin

WASHINGTON, DC (IANS) - Indian American federal judge Amit Mehta will determine the future of Google -- the technology giant that is also headed by an Indian American -- in an antitrust trial that’s currently underway in a court here. It’s

NEW DELHI, (IANS) – India said it is working towards formulating a holistic policy for critical minerals and has sought input from stakeholders on it. According to sources aware of the development, in a meeting of the inter-ministerial group (IMG) on

India-West Staff Reporter NEW YORK, NY - M.B. Patil, the Karnataka Minister for Large and Medium Industries, conducted a series of meetings during their 12-day US visit aimed at attracting investment to the state. The delegation engaged with key figures from

NEW DELHI, (IANS) - Leaders of Indian industry want the USA to expedite the issuance of visas to businessmen who want to visit America to explore opportunities for trade and investments. The request was made today by Indo-American Chamber of Commerce

NEW DELHI, (IANS) - Amid the quest for energy transition and ambitious net zero goals, India and the US are in talks for collaboration in the spaces of battery technologies and critical minerals, Tarun Kapoor, Advisor to the Prime Minister

SAN FRANCISCO, CA (IANS) - A Bengaluru-based techie has shared a post on X in which he mentioned encountering Alphabet and Google CEO Sundar Pichai on the streets of San Francisco, while no one prepared him for the moment. Sid Puri,

 Photo: Tyson Foods Inc. India-West News Desk CHICAGO, IL Diageo, the beverage giant that makes Guinness and Johnnie Walker has appointed Sally Grimes as Chief Executive Officer, North America, effective October 1. North America is Diageo’s largest market and since fiscal 19, has grown 41%,

MUMBAI (IANS) - It was an aha moment for hundreds of Apple lovers in India on September 22 as they started receiving ‘Make in India’ iPhone 15 and even locally assembled 15 Plus at Apple Saket in New Delhi and

NEW DELHI (IANS)-  JP Morgan has said that it will include India in its Government Bond Index-Emerging Markets (GBI-EM) index from June 2024 onwards. This will help in increasing inflows into the world's fifth-largest economy. It will also mean that local government

NEW DELHI, (IANS) - As the diplomatic ties between India and Canada further deteriorated on September 21, domestic IT firms, especially those which have business and offices in Canada, remained in a state of caution, adopting a “wait and watch"

NEW DELHI, (IANS) - India and the US on September 20 launched a collaborative initiative aimed at deploying 10,000 made-in-India electric buses in cities across the country. The goal is to promote sustainable public transportation, reduce emissions, and create cleaner and

India-West News Desk SAN FRANCISCO, CA – Instacart co-founder Apoorva Mehta is celebrating a colossal financial milestone as he cashes out with a staggering $1.3 billion fortune following the successful initial public offering (IPO) of the grocery-delivery giant. The 37-year-old entrepreneur,

BENGALURU, (IANS) - India's IT capital Bengaluru has evolved as the major investment destination for NRI investors in residential real estate. Real estate industry pundits are claiming that 2023 is going to be a remarkable year in connection with NRI investments

NEW YORK, NY (IANS) - Researchers have harnessed the biological concept for application in artificial intelligence (AI) to develop the first artificial, multisensory integrated neuron that processes visual and tactile input together. Led by Saptarshi Das, associate professor of engineering science

CUPERTINO, CA (IANS) - Ace Indian shuttler PV Sindhu met Apple CEO Tim Cook at a launch event here and shared photos of their interaction on social media. Apple unveiled its next-generation iPhones on September 12 and the event was held

CHENNAI, (IANS) - The Hyderabad-based pharmaceutical major Natco Pharma Ltd on September 8 said the company and others have been named as defendants in a case filed in the US. In a regulatory filing Natco Pharma said, the company along with

NEW YORK, NY (IANS) - Raj Subramaniam, the President and CEO of FedEx Corporation, is set to be honored with the 2023 Pinnacle Award at the prestigious 2023 Outstanding 50 Asian Americans in Business Award ceremony. Instituted by the Asian

By SELEN OZTURK Scammers are now using texts and AI to steal passwords, accounts, and Social Security numbers as the newest methods of an increasingly lucrative fraud practice called “phishing.” Scammers are now using texts and AI to steal passwords, accounts, and

NEW YORK, NY - (IANS) Several Indians and Indian-origin techies have made it to Time magazine’s inaugural ‘TIME100 AI List’, highlighting the 100 most influential people in Artificial Intelligence (AI). The youngest individual recognized in the list is 18-year-old Indian American

Photo: @paraga SAN FRANCISCO, CA (IANS) - Tesla and SpaceX CEO Elon Musk fired former Twitter CEO Parag Agrawal because he was not “a fire-breathing dragon” that the social network wanted, according to a new biography of the billionaire. American author-journalist Walter

India-West News Desk WASHINGTON, DC - Arjun Gupta, a venture capitalist has been named the chairperson of the newly constituted Federal Investment Capital Advisory Committee. ICAC is a newly established organization to ensure the accessibility of funds to small businesses. This committee

NEW DELHI, (IANS) - The Indo-US Task Force for Electronics, launched here on August 31, aims to boost the electronics trade between the two countries to $100 billion within a decade. The India Cellular and Electronics Association organized the launch meeting

Photo: James Tourtellotte, dhs.gov By Dr. Steven Hubbard, American Immigration Council WASHINGTON, DC - Immigrant entrepreneurs have long been an important part of America’s economic success story. Some of the largest and most recognizable American companies were founded by immigrants or the children

TORONTO (IANS) - India formed the largest cohort of global tech industry workers who flocked to Canada between April 2022 and March 2023, according to a recent report from The Technology Councils of North America and Canada’s Tech Network. Out of

NEW DELHI, (IANS) - Be it Cloud or artificial intelligence (AI), IT major IBM is bullish on the innovations coming out from its research and development centers in India and the company will continue to invest more as the country

India-West Staff Reporter SEATTLE, WA - Seattle University will host a ‘Seattle-Setu’ conference on September 6 exploring the myriad relationships between Washington state and India and the further promotion of global security, trade, and investment. ‘Setu,’ derived from Sanskrit, means bridge. It

SAN FRANCISCO, CA (IANS) - Top industry groups and tech giants, including Apple and Intel, have sent a letter to the US Department of Commerce, protesting India's recent import restrictions on PCs, laptops, and servers. In the letter, the biggest players

Photo: Michele Crowe, paramount.com India-West News Desk NEW YORK, NY - Neeraj Khemlani, the co-president of CBS News, has announced his departure from the network. Khemlani's tumultuous two-year leadership was marked by budget-cutting measures, clashes with prominent anchors, and allegations of inappropriate behavior. The

SAN FRANCISCO, CA (IANS) - Microsoft co-founder Bill Gates, who recently started his own podcast 'Unconfuse Me with Bill Gates', asked a fun question to his guest Sal Khan – the founder of Khan Academy -- if he ever was

India-West News Desk NEW YORK, NY - Global financial ripples continue as Deloitte contemplates severing ties with Adani Ports, a subsidiary of the Adani Group, following the turmoil ignited by the report by US short-seller Hindenburg. Speculation looms over the accounting

Active Surfaces founders, including Shiva Bhakta (on right) and  Richard Swartout, (second from left) with summer interns from MIT’s Sloan School of Management. Photo: MIT $100K Entrepreneurship Competition India-West News Desk CAMBRIDGE, MA - Solar power has long been hailed as a cornerstone