Business

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

India-West Staff Reporter WASHINGTON, DC - In a historic display of bipartisan support, 180 prominent lawmakers representing both the Democrat and Republican parties converged here, for the inaugural in-person Capitol Hill Day organized by ITServe Alliance on July 13. The event

Photo: @SECGov NEW YORK, NY (IANS) - Top Wall Street banks, including several Wells Fargo companies, will pay a combined $549 million in fines after admitting that their employees, “including those at senior levels”, often communicated through various messaging platforms on their

SAN FRANCISCO, CA (IANS) - Elon Musk-run Tesla has appointed Vaibhav Taneja as its Chief Financial Officer (CFO), as the company targets India as its next major supply ecosystem creator. Taneja is currently the Chief Accounting Officer and will take the

BENGALURU (IANS) - Foxconn, the world's largest contract manufacturer and a key assembler of iPhones, is set to invest $600 million in two major projects in Karnataka. The move signals the company's increasing interest in diversifying its production away from

NEW DELHI, (IANS) - Leading US investment firm Fidelity has reportedly slashed the estimated worth of its holding in the Indian conversational engagement platform Gupshup by over 20 percent in a month. Fidelity has devalued its holdings in Gupshup by 50

BENGALURU, (IANS) - A Bengaluru-based tech startup founder and CEO has said that he may have to move back to the US after struggling for two months to register a company in the city. Brij Singh, who has worked in the

India-West Staff Reporter LOS ANGELES, CA - Southern California airport transportation solution providers, Prime Time Shuttle and Opoli, have recently implemented initiatives aimed at enhancing the customer experience and providing added convenience and speed to riders using their door-to-door transportation services. Both

NEW YORK, NY (IANS) - Former Uber and Apple executive Vineet Khosla will be joining The Washington Post as Chief Technology Officer, starting July 31. In his new role, Khosla will serve as a senior advisor to the CEO and will

SAN FRANCISCO, CA (IANS) - The Lina Khan-led Federal Trade Commission (FTC) is reportedly finalizing a massive antitrust lawsuit against Amazon, a move that could break up parts of the e-commerce giant. According to a report in Politico, citing people close

NEW DELHI, (IANS) - Representatives from Elon Musk-Tesla are reportedly expected to meet Union Commerce Minister Piyush Goyal as early as this month to chalk out a facility to build Rs 20 lakh electric car, as China fumes at New

Photo: Ethnic Media Services By PETER WHITE LOS ANGELES, CA - Senator Mark Warner, (D-Virginia) Co-chair of the Community Development Finance Caucus joined a venture capitalist, a community leader, and a young entrepreneur on July 14 to lay out the challenges and

NEW YORK, NY – The Texworld Apparel and Home Textile Sourcing Show fair, held from July 18 to 20, provided a platform for over two dozen Indian textile companies to present a diverse range of offerings, including climate-smart, organic, and

NEW DELHI, (IANS) - World Bank president Ajay Banga on July 19 met Foreign Minister S. Jaishankar and discussed ways to strengthen regional connectivity. "Discussed India’s endeavors to strengthen regional connectivity, promote regional prosperity and propel larger development," Jaishankar tweeted after

NEW YORK, NY (IANS) - The Export-Import Bank of the United States (EXIM), which is the official export credit agency of the country, has named several new members, including many Indian Americans, to its four advisory subcommittees. The subcommittees -- Council

NEW YORK, NY (IANS) - Anjali Sud will take over as the new Chief Executive Officer of Tubi, Fox Corporation’s free ad-supported streaming service, from September 1. Sud, who recently stepped down as CEO of Vimeo after nine years, will succeed

NEW YORK, NY (IANS) - Cricket’s fastest format, the T10, is finding its next home in the US, where some of the biggest stars of the game will battle it out for top honors. The inaugural edition of the US Masters

India-West Staff Reporter IRVINE, CA - Innova Vascular, Inc. based here, has announced that it has obtained clearance from the U.S. Food and Drug Administration (FDA) for its Laguna Clot Retriever System and its Malibu Aspiration Catheter System for use in

WASHINGTON, DC (IANS) - President Joe Biden has named business leader Shamina Singh to the President’s Export Council, which serves as the principal national advisory committee on international trade. Singh is the President of the Mastercard Center for Inclusive Growth and

NEW DELHI, (IANS) - After meeting Prime Minister Narendra Modi in the US last month, Elon Musk is reportedly exploring setting up his own supply chain ecosystem in India, thus producing cheaper electric cars that might start from Rs 20

Photo: connectsafely.org NEW YORK, NY (IANS) - An Indian-origin tech executive from Singapore has filed a lawsuit with California's Civil Rights Department accusing Meta of racial discrimination that cost her promotions and work opportunities. Vaishnavi Jayakumar, 36, who joined Meta in January

Photo : @SBAIsabel India-West Staff Reporter WASHINGTON, DC - SBA Administrator Isabella Casillas Guzman ceremonially swore in Dilawar Syed as Deputy Administrator of the U.S. Small Business Administration on July 11. Syed was sworn in following a bipartisan Senate confirmation vote of

BROOKFIELD, WI (IANS) - Cilio Technologies, a leading provider of software-as-a-service (SaaS) within the home improvement industry based here, on July 11 announced the acquisition of the Noida-based, end-to-end digital transformation and product development firm, AutomationFactory.AI. With the acquisition, the new

NEW YORK, NY (IANS) - Indian Americans Jayshree Ullal, Neerja Sethi, Neha Narkhede, and Indra Nooyi feature in the ninth Forbes’ Richest Self-Made Women list of 2023. The four have been named to the list of 100 most successful entrepreneurs, executives,

NEW YORK, NY (IANS) - Gurdeep Pall, a corporate vice president at Microsoft, who helped build and promote Windows, Skype, and Bing, intends to retire from the company in September. According to The Information, a Microsoft spokesperson confirmed his departure via

SAN FRANCISCO, CA (IANS) - Venture capitalist Vinod Khosla has said that he has no idea who will win the cage fight between Tesla CEO Elon Musk and Meta Founder and CEO Mark Zuckerberg, but according to him, the more important fight will play out between Twitter and Threads. When asked which social media

PALO ALTO, CA (IANS) - Hewlett Packard Enterprise (HPE), has announced its plans to manufacture high-volume servers worth $1 billion in India. The decision comes as part of HPE's strategy to strengthen and diversify its global supply chain while meeting

NEW DELHI, (IANS) - With at least 140 registered space-tech startups, India stands to transform the planet’s connection to the final frontier, says The New York Times. The report highlighted the startups in India with ambitious plans for capitalizing on the

SAN FRANCISCO, CA (IANS) - Microsoft-backed OpenAI CEO Sam Altman on July 3 asked the US to reform high-skill immigration so that they can come and join innovation at scale. Altman, who visited India last month and encouraged the AI startup ecosystem, said that this policy change will be a

Photo : Anthony LeBlanc hands over the gavel to Deepa Badhwar By FRANCESCA ECHAVARRIA CERRITOS, CA - The local business community gathered on June 28 here, for the Cerritos Regional Chamber of Commerce Board Installation event which saw Deepa Badhwar, the Chief

India-West News Desk WASHINGTON, DC - The US produce industry greeted with relief the lifting of retaliatory tariffs on U.S. products including apples, lentils, walnuts, and chickpeas. U.S. trade representative Katherine Tai said, the agreement was the “culmination of intensified bilateral engagement

WASHINGTON, DC (IANS) With a vision to build a defense innovation collaboration, India and the US have launched the India-United States Defense Acceleration Ecosystem (INDUS-X). It aims to expand the strategic technology partnership and defense industrial cooperation, between governments, businesses,

NEW YORK, NY (IANS) - The US-India Strategic Partnership Forum (USISPF) has announced the appointment of Mastercard CEO, Michael Miebach, to its board of directors. Miebach said that in his new role, he looks forward to working with the top advocacy

Photo : Nassim Nicholas Taleb, the nemesis of Musk met Modi prior to Elon Musk NEW YORK, NY (IANS) - After hearing Prime Minister Narendra Modi's "Make in India" pitch, Tesla CEO Elon Musk has announced a change of plans, saying

India-West Staff Reporter LOS ANGELES, CA - The Consulate General of Canada in Los Angeles partnered with a Canadian law firm, Greenberg & Hameed PC, on May 24 to organize a networking reception focusing on investing in Canada and business immigration. Greenberg Hameed

NEW DELHI, (IANS) - India dominated the Paris Airshow, as Air India finalized a huge order for 470 planes from Airbus and Boeing. Air India, the Tata Group-owned airline, on June 20 signed purchase agreements going one step further in

SAN FRANCISCO, CA (IANS) - The embattled online mortgage lender Better.com, run by controversial CEO Vishal Garg, has reportedly laid off its real estate team and has shut down this unit. The company is said to be shifting from an in-house

Photo : Photo:@wired SEATTLE, WA (IANS) - Microsoft Chairman and CEO Satya Nadella has revealed his dream that every one of earth's 8 billion people can have an AI tutor, an AI doctor, a programmer, or maybe an AI consultant in

India-West Staff Reporter PISCATAWAY, NJ - The Indus Entrepreneur- New Jersey Chapter, a leading professional development organization dedicated to fostering entrepreneurship, celebrated its 15th anniversary at a glittering dinner attended by over 300 members and community leaders from various non-profit organizations. Navneet

NEW DELHI, (IANS) - Apple CEO Tim Cook, who met Indore's Asmi Jain who was selected among the winners of WWDC23 Swift Student Challenge, has said that the thriving iOS developer community in India always fascinates him and 20-year-old Jain's

NEW DELHI, (IANS) - OpenAI CEO Sam Altman is in India where he PM Narendra Modi and discussed India's tech ecosystem with him. Altman also addressed students and others at the Indraprastha Institute of Information Technology Delhi. He said India should

Photo: AI ferry flight AI195 brought the passengers to SFO. An Air India team was on board the flight to provide support and carried essentials in addition to food. India-West News Desk SAN FRANCISCO, CA - Air India on June 8 said

NEW YORK, NY (IANS) - Ritu Kalra, an investment banking and financial management expert, has been appointed as Harvard University's vice president for finance and chief financial officer. Currently serving as Harvard's assistant vice president of finance and treasury and

WASHINGTON, DC (IANS) - India and the US have held the first strategic trade dialogue under the recently launched cooperation in critical and emerging technologies such as semiconductors, space, AI, and defense with the goal of "enabling co-production, co-development and

WASHINGTON, DC (ANI) - Vice President Kamala Harris called on World Bank President Ajay Banga at the White House. This meeting was the first official US engagement since President Banga took charge of the office. At their meeting, the Vice President

BOSTON, MA (IANS) - The Institute of Chartered Accountants of India (ICAI) and Harvard Business School, will be joining hands to develop a customized executive educational program for CA institute members. Besides, the ICAI will also reach out to as many

CUPERTINO (IANS) - Sumbul Desai, Apple's Vice President of Health, has emphasized that the next goal for the company is to help users improve their mental and vision health. Mental health and vision health are important but often overlooked. "We're excited to

India-West News Desk SAN JOSE, CA – California Water Service (Cal Water), has named Shilen M. Patel as its new Chief Business Development Officer, effective June 1. “Shilen has played a key role in executing our business development strategy. This promotion is

NEW DELHI, (IANS) - Ralph Lauren has unveiled its first store in Mumbai located in the Phoenix Palladium Mall, here. The store will feature both Women's and Men's Collections and fuses elements of collegiate sports mixed with the outdoors. The store

SAN FRANCISCO, CA (IANS) - Elon Musk will likely pick a new location for a Tesla factory by the end of this year and according to him, India is very much part of his scheme of things if all goes