Business

India-West Staff Reporter NEW YORK, NY – Effective July 1, Verizon said in a press release,  Indian American Sowmyanarayan Sampath will assume the role of Executive Vice President and CEO of Verizon Business.  Sampath will report directly to Hans Vestberg, Verizon Chairman

Meherwan Irani has been nominated or been the recipient of several awards so far. He and Chai Pani co-founder Molly, were present at the award ceremony.  (photo @beardfoundation) India-West News Desk ASHEVILLE, NC - Chai Pani, which serves affordable Indian street food

Twitter photo: @ABCDsofCooking India-West News Desk NEW YORK, NY – Pragadish Kalaivanan, a Boston TikToker was annoyed. He had read about Trader Joe’s, an Indian American entrepreneur, and the controversy surrounding the launch of an ‘achaar’ by the former that was suspiciously

SAN FRANCISCO, CA (IANS) - Bengaluru has found itself a distinct place on the global startup tech map as the leading Asian city is now ranked fifth for tech venture capital investment in 2022, a report said on June 14. According

BY ARUL LOUIS NEW YORK, NY - Against the backdrop of a global economic deceleration from the fallout of the Russian invasion of Ukraine, the World Bank has cut India's growth prospects to 7.5 percent for the current fiscal year --

BENGALURU, (IANS) - US-based IT firm Pure Storage on June 2 inaugurated its new Research and Development Centre in Bengaluru that will focus on innovations that transform storage and data management. State Minister of IT and Skill Development, Dr CN Ashwath

NEW DELHI, (IANS) - As VC money disappears amid an economic slowdown, tech startups have laid off over 20,000 employees the world over since April, while more than 8,000 employees have lost jobs at the Indian startups led by edtech

SAN FRANCISCO, CA (IANS) - Workplace communication platform Slack on June 1 announced its official entry into the Indian market, to help companies navigate the transition to a hybrid workplace by establishing digital headquarters. "We have a significant footprint in big

NEW DELHI, (IANS) - Edtech leader BYJU's is in for a big change with its Founder and CEO Byju Raveendran set to focus his energies on global operations, especially in the US, as the Indian online edtech market shrinks considerably

BY VENKATACHARI JAGANNATHAN CHENNAI, (IANS) - Around 2,200 workers of Ford India Pvt Ltd's plant near here are on protest demanding better severance package as the company has decided to shut down the plant sometime next month, said a workers' union

NEW DELHI, (IANS) - Breaking his silence on India plans, Elon Musk has said that Tesla will not manufacture cars in India unless it is allowed to sell and provide service to its electric vehicles. On Starlink, he said that SpaceX

BELLEVUE, WA (IANS) - Tech Mahindra on May 27 announced that it has inaugurated a 5G Lab in here, as an innovation center to help customers co-create and co-innovate 5G- powered solutions. The innovation Lab will curate vertical solutions in the telco space

Beneficiary of CDABP assistance is Moninder Birdi, owner of Birdi & Associates, Inc.that won multi-million-dollar contracts from Los Angeles World Airports India-West Staff Reporter LOS ANGELES, CA - A three-pronged Los Angeles regional program – launched by the City of Los Angeles,

NEW DELHI, (IANS) - Global financial services provider firm Moody's Investors Service has slashed India's GDP projection to 8.8 percent for 2022, from 9.1 percent estimated previously. The rationale behind the cut was the prevailing high inflation. "Except for Russia, we do

SAN FRANCISCO, CA (IANS) - Alphabet and Google CEO Sundar Pichai has said that the current global macroeconomic conditions will severely affect the tech sector. The world is going through acute supply chain issues and raw material shortage owing to the

NEW DELHI, (IANS) - Climate technology company Arcadia on May 24 said it has acquired Urjanet, one of the largest utility data providers that has more than 360 employees in India, for an undisclosed sum. Urjanet's global data access will integrate

SAN FRANCISCO, CA (IANS) - Tech giant Apple has reportedly told its suppliers that it wants to expand manufacturing outside of China. And India and Vietnam are getting a closer look from the company as alternatives. According to The Wall Street

India-West Staff Reporter NEW YORK, NY - Major League Cricket (MLC), the first professional Twenty20 Cricket League in the U. S., has announced that it has completed an initial close of a $44 million Series A and A1 Fundraising Round led

MILPITAS, CA (IANS)- California-based cyber security company Trellix on May 19 announced the opening of a new data center in Mumbai to help customers meet their data residency and compliance requirements. The company provides hardware, software, and services to investigate cybersecurity

SAN FRANCISCO, CA (IANS) -Tech giant Google has roped in former US Food and Drug Administration (FDA) official Bakul Patel as its new senior director of global digital health strategy. Patel spent over a decade at the FDA and most recently

SAN FRANCISCO, CA (IANS) - Elon Musk on May 16 said that he received a call from Twitter's legal team being run by Vijaya Gadde, accusing the Tesla CEO of violating a non-disclosure agreement (NDA) by revealing that the sample

SAN FRANCISCO, (IANS) - Breaking his silence, a defiant Twitter CEO Parag Agrawal has explained why a "lame-duck" CEO has made key changes at the platform amid the $44 billion takeover by the Tesla CEO. Stressing that "no one at Twitter

SAN FRANCISCO, CA (IANS) - With Elon Musk putting the $44 billion Twitter deal temporarily on hold on May 12, serious questions now linger on the future of the platform that is battling multiple issues -- from employee exodus to

NEW DELHI (IANS) - Sundar Pichai, CEO of Google, and Alphabet, has doubled down on making new breakthroughs in some of the most technically challenging areas of computer science for countries like India that need them the most. Addressing the company's flagship Google,

CHENNAI, (IANS) – Ford Motor has shelved plans to make electric vehicles in its two plants in India – Chennai, and Sanand in Gujarat. It said it was exploring options for its two factories in the country that stopped production

NEW DELHI, (IANS) - Morgan Stanley has lowered India's GDP growth forecasts to 7.6 percent for F2023 from 7.9 percent and to 6.7 percent for F2024 (from 7 percent) due to higher oil prices and slower global growth. The foreign brokerage

SAN FRANCISCO, CA (IANS) - Vineeta Agarwala, the wife of Twitter CEO Parag Agrawal, is now making headlines amid Elon Musk's $44 billion takeover deal. Her role as general partner at Andreessen Horowitz -- a VC firm which has agreed to

New Delhi, (IANS) While Union Ministers keep on making a beeline to Tesla CEO Elon Musk to come and manufacture electric cars in India, he is more interested in his $44 billion Twitter acquisition rather than paying attention to what

BENGALURU, (IANS) - As India gets its 100th unicorn, Cloud major Oracle on May 6 said it is nurturing the next breed of startups to expand their footprint connecting them with many venture capitalists so that they get the required

BENGALURU, (IANS)- Amazon on May 4 announced it now aims exports worth $20 billion from India by 2025, thus doubling its goal. In 2020, Amazon pledged to enable $10 billion in cumulative exports from India by 2025. The company said that cumulative

CHENNAI, (IANS) - Global pharma giant Pfizer, which developed the mRNA-based vaccine against Covid, on May 4 announced setting up a global drug development center to boost critical research and development in India. The 61,000 sq ft research and technology center

India-West News Desk NEW YORK, NY- The Federal Reserve Bank of New York on May 3 announced that IBM Chairman and Chief Executive Officer Dr. Arvind Krishna has been elected to its board. 60-year-old Krishna has been elected as a Class B

SAN FRANCISCO, CA (IANS) - Apple has sued the Santa Clara-based "stealth-mode" semiconductor startup Rivos and two former employees, Indian American Bhasi Kaithamana and Ricky Wen, for allegedly stealing trade secrets to build a chip lineup. In a lawsuit filed in

NEW DELHI, (IANS)- Reiterating his stand on Tesla manufacturing in India, Union Road Transport and Highways Minister Nitin Gadkari on May 3 said that if Elon Musk comes to the country and makes Tesla cars here, that will also benefit

SAN FRANCISCO, CA (IANS) - As Elon Musk prepares to hire a new CEO for Twitter once he takes over, current CEO Parag Agrawal is worried about the future of the micro-blogging platform, not his job. Amid multiple reports that Musk

MUMBAI, (IANS) - San Francisco-based investment fund Rise Capital on May 2, announced it is launching its India operations and will invest in early-stage startups through its global fund III. The VC fund said tech startups in India will create well

NEW DELHI, (IANS) -Bodhi Tree Systems, an investment platform by former 21st Century Fox CEO James Murdoch and ex-Disney executive Uday Shankar, on May 1 announced it would invest $600 million in Allen Career Institute which has a pan-India footprint

SAN FRANCISCO, CA (IANS) - Tesla CEO Elon Musk could fire Twitter's legal head Vijaya Gadde, who makes about $17 million a year and is one of the highly paid executives at the micro-blogging platform, once he takes over. Nevertheless, Gadde

PHOENIX, AZ (IANS) - Phoenix Suns guard Chris Paul and NFL duo Larry Fitzgerald and Kelvin Beachum have invested in the Rajasthan Royals, the Indian Premier League franchise said on May 1, underlining IPL's growing global appeal. The popular Twenty20 league,

SAN FRANCISCO, CA (IANS) - Elon Musk has reportedly lined up a new CEO to take over from Indian American Parag Agrawal, as Twitter co-founder Jack Dorsey’s name was making the rounds who quit in November last year to focus

Elon Musk’s tweet of this meme on Vijay Gadde has been slammed, for making her the target of harassment and threats. SAN FRANCISCO, CA (IANS) - Ahead of Twitter's imminent takeover by Elon Musk, the world's richest man, its CEO Parag

HYDERABAD (IANS) - Google on April 28 began work here on its largest campus outside of its headquarters in the US. The 3 million square feet building is coming up at Gachibowli, the information technology cluster. The company also unveiled the

MOUNTAIN VIEW, CA (IANS) - Hailing the India digital payments growth story, Alphabet and Google CEO Sundar Pichai has said that the company's payments strategy is very similar to the strategy it has for commerce overall. During the company's quarterly earnings

SAN FRANCISCO, CA (IANS) - Even as tech billionaire Elon Musk took over Twitter, he slammed Indian American lawyer Vijaya Gadde over censoring exclusive stories related to US President Joe Biden's son Hunter's laptop in the wake of the Capitol

SEATTLE, WA - (IANS) As gaming gets mainstream, more than 10 million people have streamed games over Xbox Cloud Gaming to date, Microsoft CEO Satya Nadella has said. He said that billions of hours have been played by subscribers over the

SAN FRANCISCO, CA (IANS) - Parag Agrawal, the Indian-origin CEO of Twitter, will approximately get $42 million if Tesla CEO Elon Musk decides not to retain him at the helm. According to research firm Equilar, he will get an estimated $42

WASHINGTON, DC (ANI)- Union Finance Minister Nirmala Sitharaman attended a roundtable with business leaders and investors co-hosted by the US-India Business Council (USIBC) and Confederation of Indian Industry (CII) in the Silicon Valley, and invited the leading investors to become

NEW DELHI (IANS) - Elon Musk, who has just bought Twitter for $44 billion, will have to manufacture his Tesla cars in India, and not China, if he wants to come and sell the vehicles in the country, Union Road

SAN FRANCISCO, CA (IANS) - Tesla CEO Elon Musk has re-clarified the story of the electric vehicle company's early days to a Bengaluru-based man who tweeted that "Elon Musk was not the founder of Tesla. He acquired it." The tech billionaire

India-West News Desk WASHINGTON, DC – India’s Finance Minister Nirmala Sitharaman continued her bilateral meetings on the sidelines of the Spring Meetings with counterparts from around the world and corporate leaders. She met Raj Subramanian, the President and incoming CEO of FedEx.