Business

TAMPA, FL (IANS) - IT major Wipro has laid off at least 120 employees in T Florida, due to a "realignment of business needs."The company detailed the layoffs in a Worker Adjustment and Retraining Notification notice filed with the Florida

MUMBAI, (IANS) - The Mumbai Indians, owned by the Ambanis, on March 19, announced the acquisition of the New York franchise in Major League Cricket, the upcoming T20 league in the US. They now own a cricket franchise in three

NEW DELHI (IANS) - Indian startups have withdrawn up to $300 million from the collapsed Silicon Valley Bank (SVB) after the Joe Biden government in the US allowed depositors to withdraw their funds from March 13, the media reported.The Financial Express

NEW DELHI, (IANS) - US-based consumer tech conglomerate Honeywell on March 14 announced that Vimal Kapur, President, and Chief Operating Officer, will succeed Darius Adamczyk as CEO on June 1. Having graduated from the Thapar Institute of Engineering in Punjab's Patiala

NEW DELHI, (IANS) - India-US bilateral goods and services trade has nearly doubled since 2014, surpassing $191 billion recorded in 2022. This was acknowledged by Commerce Minister Piyush Goyal and US Commerce Secretary Gina Raimondo on March 10 during the

HYDERABAD, (IANS) - Global defense aerospace player Lockheed Martin and India’s Tata Group have inked an agreement to produce fighter plane wings at their joint venture Tata Lockheed Martin Aerostructures Ltd here. According to Lockheed Martin, the Memorandum of Understanding envisions

By Priyanka Jain NEW DELHI, (IANS) - Although there has been significant progress, cultural and societal norms still hurt the proportion of women in leadership roles. Less representation at the board and executive levels create unique challenges for women. This is

WASHINGTON, DC (ANI) - Two Indian Americans Punit Renjen, Rajesh Subramaniam will be members of US President Joe Biden's Export Council, a White House press release said on February 28. The President's Export Council serves as the principal national advisory committee

CNET NEW DELHI, (IANS) - Google-owned YouTube's new boss Neal Mohan on March 1 wrote his first letter to creators, supporting their success and helping them make more money, along with building for the YouTube of the future. Mohan, who replaced YouTube's

SAN FRANCISCO, CA (IANS) - Reliance Retail announced the opening of the first freestanding Gap store in India in Mumbai's Infiniti Mall, Malad. After opening over 50 Gap shop-in-shops since last year, Reliance Retail has now initiated the second phase of

NEW DELHI, (IANS) - India has slipped to the 43rd spot in the US Chamber of Commerce's latest International Intellectual Property Rights index. India is ranked 43rd out of 55 countries for 2022. It was ranked 40th in the index in

San Francisco, (IANS) Monday, in response to Meta's introduction of the new paid verification for Facebook and Instagram, Twitter CEO Elon Musk said it was "inevitable." Facebook CEO Mark Zuckerberg has copied Twitter by charging $12 per month to get verified

San Francisco, (IANS) WhatsApp, a messaging service owned by Meta, is working to bring communities into its WhatsApp Business app for Android. According to WABetaInfo, the platform is  unlikely to remove the business tab that was introduced last year. Instead, it may

San Francisco, (IANS) The mixed reality (MR) headset from tech giant Apple is expected to be unveiled at this year's Worldwide Developers Conference (WWDC). Bloomberg's Mark Gurman tweeted on Thursday that Apple had delayed the planned unveiling of its mixed-reality headset

San Francisco (IANS) Ford is planning a new $3.5 billion EV battery plant in Marshall, Michigan, United States. The company will reveal the factory early next week in partnership with China's Contemporary Amperex Technology (CATL). As per the Automotive News. The CATL

San Francisco (IANS) Clay Bavor, Google's vice president of labs, has announced his departure from the company next month to co-found a new artificial intelligence (AI) company with Salesforce's former co-CEO, Bret Taylor. Bavor announced in a LinkedIn post. "Bret and

San Francisco (IANS) E-commerce giant eBay has announced the layoff of around 500 employees, or approximately 4% of its global workforce, citing the macroeconomic situation. eBay's CEO Jamie Iannone made the announcement of the layoffs on Tuesday in a memo to

By ARUL LOUIS NEW YORK, NY (IANS) - The massive tech sector layoffs in big-name companies may have set off a wave of panic, but large-scale job cuts have been cyclical, dictated by the changing economic scenario. Also, the big company jobs

SAN FRANCISCO, CA (IANS) - As tech companies continue to slash jobs, the demand for tech positions has not diminished in the US, with eight of the top 10 "best jobs" this year being technology roles. According to data by the

NEW YORK, NY (IANS) - Raj Subramaniam, President & CEO of FedEx Corporation, has won the 2023 Horatio Alger Award. The award is given to "esteemed individuals" who overcome adversity to achieve professional and personal success. Subramaniam, 54, joins 13 exceptional

CHENNAI, (IANS) - Global aircraft and helicopter engine manufacturer Pratt & Whitney, part of the Raytheon Technologies' group, on January 19 officially opened the doors to its new India Engineering Centre in Bengaluru. More than 50 employees are now based in

NEW YORK, NY (IANS) - India is projected to become the third-largest contributor to global real gross domestic product growth over the next decade, behind only China and the US, according to a new S&P Global Market Intelligence research titled

MOUTAIN VIEW, CA (IANS) - Alphabet and Google CEO Sundar Pichai on January 20 said that he is "deeply sorry" for reducing the workforce by approximately 12,000 roles and takes "full responsibility for the decisions that led us here". In an

SAN FRANCISCO, CA (IANS) - Microsoft Chairman and CEO Satya Nadella on January 18 said that the company will be "making changes that will result in the reduction of our overall workforce by 10,000 jobs through the end of FY23

NEW YORK, NY (IANS) - As global investment bank Goldman Sachs begins job cuts that are expected to affect 3,200 employees or about 6.5 percent of its workforce, affected employees have started looking for new jobs on LinkedIn, and among

SAN FRANCISCO, CA (IANS) - As more companies, especially in the tech sector, lay off thousands in New Year, Microsoft-owned LinkedIn has become a go-to platform for those who have been sacked, with some affected users forming groups to provide

WASHINGTON, DC (IANS) - Commerce and Industry Minister Piyush Goyal will embark on an official visit to New York and Washington DC from January 9 to 22 to participate in India-US Trade Policy Forum. In the first leg of the visit,

WASHINGTON, DC (IANS) - US unemployment numbers have dipped to a 50-year low in the month of December, in the surest sign of economic recovery from the debilitating impact of the Covid-19 pandemic and, more recently, the global oil price

SAN FRANCISCO, CA (IANS) - As thousands of techies continue to lose jobs at Big Tech companies amid recession fears, most of them are finding it difficult to get jobs, as there is a freeze on new hirings at nearly

Photo: shondaland.com India-West News Desk NEW YORK, NY – Mala Gaonkar has joined the list of Indian Americans making waves, with the biggest-ever launch of a hedge fund led by a woman. On January 4, her SurgoCap Partners started trading with $1.8

BENGALURU, (IANS) - As India embarks on its digital journey with full steam, Microsoft wishes to move in and provide every part of its tech stack to the country and its innovators, to help it become the $1 trillion digital

MUMBAI, (IANS) - Cloud will be foundational to scaling India's digital journey and Microsoft is innovating across the tech stack to support the country's ecosystem of developers, startups, and companies across every industry, the company's Chairman and CEO Satya Nadella

WASHINGTON, DC (IANS) - International Monetary Fund (IMF) chief Kristalina Georgieva has warned that a third of the global economy will be in recession this year and 2023 will be "tougher" than 2022 as the US, EU, and China will

SHIMLA, (IANS) - For popularizing and establishing a market in Canada, members of the Himachali Pravasi Global Association met High Commissioner of India to Canada, Sanjay Verma, in Ottawa and discussed promoting handloom, Kangra tea, morel and tourism. In November for

WASHINGTON, DC (ANI) - The US Chamber of Commerce has announced a new leadership team to oversee its operations in New Delhi with Alexander Slater to serve as Managing Director of the US-India Business Council (USIBC) and Shreerupa Mitra will

SAN FRANCISCO, CA (IANS) - In some cheer for those who have lost jobs in the ongoing funding winter and global macro-economic conditions, most laid-off tech employees have landed new jobs within three months of starting their search. The Wall Street

BOSTON, MA (IANS) - Indian American V.A. Shiva Ayyadurai, who "invented email" when he was just 14, has expressed interest in taking up the position of Twitter CEO after Elon Musk said that he wishes to step down from the

India-West News Desk SAN FRANCISCO, CA - Apoorva Mehta, a co-founder and former head of Instacart, has been accused of employing stolen corporate secrets to build a healthcare venture Hello Logistics Inc which functions under the name NextMed has charged him and

NEW DELHI, (IANS) - With Apple ramping up manufacturing in India amid issues in China, the Yamuna Expressway Industrial Development Authority (YEIDA) in Uttar Pradesh said on December 21 that some of Apple suppliers have applied for land with the

WASHINGTON, DC (IANS) - Lina Khan-led US Federal Trade Commission (FTC) grilled Meta Founder and CEO Mark Zuckerberg in a hearing about the company's acquisition of a virtual reality company called Within that owns the popular fitness app 'Supernatural'. Zuckerberg told

TiE Charter Members present the TiE Angels Texas Investment Prize to Team LIDROTEC. India-West Staff Reporter HOUSTON, TX - TiE Angels Texas has completed its investment award to Lidrotec, winner of the 2022 Rice Business Plan Competition.  The investment was included in Lidrotec's

NEW DELHI, (IANS) - Google CEO Sundar Pichai met Prime Minister Narendra Modi on December 19 and pledged support for India's G20 Presidency. "Thank you for a great meeting today PM @narendramodi. Inspiring to see the rapid pace of technological change

NEW DELHI, (IANS) – Air India on December 15 launched the first-ever non-stop flight between Mumbai and San Francisco. Air India will operate the flight three times a week with the newly inducted Boeing 777-200LR aircraft. This will take Air India's

SAN FRANCISCO, CA (IANS) - Google is reportedly bracing for a massive layoff early next year and Alphabet and Google CEO Sundar Pichai has. In a companywide meeting with staff, Pichai said "it's really tough to predict the future, so, unfortunately,

NEW YORK, NY (IANS) - Two Indian Americans are among Money magazine's 50 influential figures from entertainment, media, business, investing, politics, etc., who are shaping Americans' finances. Rohit Chopra, head of the Consumer Financial Protection Bureau and Gaurav Sharma of the

SAN FRANCISCO, CA (IANS) - Elon Musk on December 9 released "Twitter Files" season 2, revealing that there was a secret group that included former legal and public policy head Vijaya Gadde, then CTO Parag Agrawal and Yoel Roth, former

NEW YORK, NY (IANS) - The Federal Reserve Bank of New York has appointed insurance veteran Sushmita Shukla as First Vice President and Chief Operating Officer. As First Vice President, Shukla, 54, will be the institution's second ranking officer. Her appointment was

SAN FRANCISCO, CA (IANS) - Pottery Barn, a portfolio brand of Williams-Sonoma, Inc. the world's largest digital-first, design-led and sustainable home retailer, announced December 9 a global partnership with India’s iconic international celebrity and star, Deepika Padukone. The actor, entrepreneur, and

NEW YORK, NY (IANS) - An Indian American, who lost $2 million after FTX went kaput last month, is taking legal action against the cryptocurrency exchange's founder, according to a report. Delhi-born Evan Singh Luthra, 27, first invested in crypto with

SAN FRANCISCO, CA (IANS) - The Indian American fired by Elon Musk as the head of Twitter's legal affairs is at the center of a censorship controversy following the disclosure of emails and internal communications showing her role in blocking