Business

BENTONVILLE, AK (IANS) - Retail giant Walmart on April 21 said that it is now offering manufacturers and trading firms in India to reach a growing market of more than 120 million US consumers each month. As part of its efforts

India-West Staff Reporter SAN MATEO, CA - Umang Gupta, who wrote the first business plan for Oracle Corporation, founded and led Gupta Technologies, and was CEO for Keynote Systems passed away peacefully on April 19, at his home after a two-year

Georgetown University Professor Reena Aggarwal specializes in global financial markets. (Photo hoya.com) India-West Staff Reporter WASHINGTON, DC - More than a decade after providing seed capital to establish a financial markets and policy center at the McDonough School of Business at Georgetown

SAN FRANCISCO, CA (IANS) - Treating Elon Musk's $43 billion offer to buy Twitter as an "unwelcome" step, the board of the company is reportedly considering a "poison pill" strategy to make it more difficult for Musk to acquire a

MUMBAI (IANS) - Mukesh Ambani's Reliance Industries Ltd. is now weighing a possible bid for Walgreens Boots Alliance Inc.'s international drugstore unit, according to people familiar with the matter, Bloomberg reported. Walgreens Boots Alliance, Inc. is an Anglo-Swiss-American holding company headquartered

BENGALURU (IANS) - In a major fillip to India's dream to become a global manufacturing hub, Apple on April 11 confirmed it has started manufacturing its top-selling iPhone 13 smartphone in India. Apple first started manufacturing iPhones in India in 2017,

John Neuffer, President and CEO of Semiconductor Industry Association with India’s Rajeev Khushu, who heads the India Electronics and Semiconductor Association. (photo ANI) BENGALURU (IANS) - As India doubles down on local semiconductor manufacturing, the Semiconductor Industry Association (SIA), which is

NEW DELHI (IANS) - Thanks to the successful negotiations between an Indian agency and the Canadian government, Indian banana and baby corn can now be exported there, officials said on April 9. The negotiations between National Plant Protection Organizations of India

SAN FRANCISCO, CA (IANS) - In a dramatic twist, Twitter CEO Parag Agrawal has announced that Tesla and SpaceX CEO Elon Musk will not join the board of the company, saying that "he believes it is for the best." The Indian

SAN FRANCISCO, CA (ANI) - US tech giant Microsoft on Apr 8 said that it has disrupted Russian hackers who attempted to infiltrate Ukrainian media organizations. The spies were attempting to break into Ukrainian, EU and US targets, according to the

SAN FRANCISCO, CA (IANS) - After laying off nearly 4,000 employees in the US and India, digital mortgage lender Better.com -- under its Indian-origin CEO Vishal Garg -- is now offering employees paid severance or voluntary separation and health insurance

WASHINGTON, DC (IANS) - As pressure mounts on Big Tech to sanitize their platforms and stop scraping users data, India needs to learn from the US antitrust bill called the American Innovation and Choice Online Act which has now been

SAN JOSE, CA (IANS) - Video conferencing and chat app Zoom on Apr.5 said it is setting up a second technology center in India, as it ramps up hiring in the country this year. The new technology center in Chennai will

India-West Staff Reporter NEW YORK, NY - Imran Ali Habib is the Executive Vice President & Chief Strategy Officer of the Manhattan headquartered Habib American Bank. Born into the prominent Pakistani business family that runs the House of Habib, this younger

CAPE CANAVERAL, FL (IANS) – India’s Spacetech startup Pixxel, has successfully launched its first fully-fledged commercial satellite called 'Shakuntala' with Elon Musk-run SpaceX's Falcon-9 rocket. Being Pixxel's first fully-fledged satellite, 'Shakuntala' hosts one of the highest resolution hyperspectral commercial cameras ever

SAN FRANCISCO, CA (IANS) - In a significant development, Twitter CEO Parag Agrawal on Apr. 5 announced that the micro-blogging platform has appointed Tesla and SpaceX CEO Elon Musk to its board of directors. Musk, who acquired 9.2 per cent share

WASHINGTON, DC (IANS) - US Trade Representative Katherine Tai on Mar. 31 released the 2022 National Trade Estimate Report on Foreign Trade Barriers reviewing significant foreign barriers to American exports of goods and services, foreign direct investment and e-commerce in

India-West Staff Reporter MOUNTAIN VIEW, CA - Moveworks, headquartered here, has announced the opening of its first office outside the US. The new office, located in Bengaluru, will serve as its second headquarters, where team members will perform groundbreaking research and development,

CUPERTINO, CA (IANS) - Tech giant Apple on Mar.30 announced a $50 million Supplier Employee Development Fund that will expand access to learning opportunities and skill development in India, along with other supply chain hubs like the US, China and

NEW DELHI (IANS) - Twitter, which has seen its tech team in India grow over 150 per cent last year from 2020, is further expanding the teams under new CEO Parag Agrawal -- in order to build more products locally

MEMPHIS, TN – Indian American Raj Subramaniam, an Indian Institute of Technology-Mumbai graduate, on Mar.29 was named President and CEO of FedEx. Subramaniam, 56, currently President and Chief Operating Officer, will be promoted to President and CEO effective Jun. 1 with

CUPERTINO, CA - Apple CEO Tim Cook on Mar.26 tweeted photos shot by students from Tamil Nadu on iPhone 13 mini. "Forty high school students from Tamil Nadu, India captured the vibrance of their communities on iPhone 13 mini. Now their

HYDERABAD (IANS) – American Aircraft engine maker Pratt & Whitney is working closely with India to identify opportunities for setting up a Maintenance, Repair and Overhaul facility in India, it said on Mar.24. Ashmita Sethi, President and country head, Pratt &

India West Staff Reporter NEW YORK, NY - Kickstarter CEO Aziz Hasan has said that he is stepping down from his leadership role. Sean Leow, the company's chief operating officer, will be interim CEO. Kickstarter is a public benefit corporation based here

India-West Staff Reporter SAN DIEGO, CA - American multinational Qualcomm will be investing Rs 3,904.55 crore to expand their Hyderabad operations and are planning to inaugurate their second largest campus outside the US in Oct. 2022. The new campus will be

CHENNAI (IANS) - OneWeb, the Indo-UK joint venture satellite communications company, said on Mar.21, it has entered into an agreement with Elon Musk's SpaceX to launch its low earth orbit satellites. OneWeb is a joint venture between India Bharti Global and

India-West Staff Reporter PALO ALTO, CA- Apple CEO Tim Cook on Mar.18 took to Twitter to wish everyone on the occasion of Holi, the festival of colors. "Wishing everyone celebrating Holi a vibrant beginning to spring. Here's to spreading the joy of

India-West Staff Reporter SAN J OSE, CA - Bill.com a leading provider of cloud-based software that simplifies, digitizes, and automates back-office financial processes for small and midsize businesses on Mar.17 announced the appointment of Rinki Sethi to the position of Vice

SAN FRANCISCO, CA (IANS) - UGoogle has announced that its big annual developer conference 'Google I/O' will take place on May 11 and 12. The event will be online and some of the conference will be streamed live from the Shoreline

Mukesh Ambani did not wait for arbitration or the courts and simply seized the stores of Kishore Biyani’s Future Retail. From News Reports NEW DELHI – Saying it is "committed" to the reversal of the takeover of its stores by Reliance Retail

HYDERABAD (IANS) - Hyderabad-based AZAD Engineering on Mar.16 said it had delivered the first consignment of aviation parts to global aerospace major Boeing. The parts were delivered as part of its contract with Boeing for manufacturing and supplying aviation parts and

NEW DELHI (IANS) - Amazon on Mar.15 told the Supreme Court of India that the dialog to settle the dispute with Future Retail did not work, and complained against Reliance taking over Future stores, despite no asset transfer order. Senior advocate

Kal Penn, Margaret Fung, executive director AALDEF; Preet Bharara, former U.S. attorney; and Ayaz Shaikh, AALDEF Board Member greet each other at the gala. (photo: Lia Chang) India-West Staff Reporter New York, NY — The Asian American Legal Defense and Education Fund

India-West Staff Reporter SAN FRANCISCO, CA- Online vacation rental company Airbnb on Mar.12 announced fresh investment through the impending opening of a new technology hub here in Bengaluru. "India is an incredibly important market for Airbnb. The opening of this technology hub

Suresh Kumar, Global CTO and CDO, Walmart said the partnership would benefit both parties. (photo Walmart.com) India-West Staff Reporter SUNNYVALE, CA - Walmart Global Tech (WGT) on Mar.10 signed a Memorandum of Understanding with the Indian Institute of Technology Madras aimed at

Most employees learned of their status when their severance checks arrived in the mail. (photo Better.com) SAN FRANCISCO, CA – Indian American CEO Vishal Garg-run digital mortgage company Better.com on Mar.9 started laying off thousands of employees in the US and

US House Judiciary Committee vice chair, Rep. Pramila Jayapal. WASHINGTON, DC (IANS) - A bipartisan group of members of the US. House Judiciary Committee, including Indian American Rep. Pramila Jayapal has sent a stinging letter to Attorney General Merrick Garland to

SAN FRANCISCO, CA (IANS) – Indian American CEO Vishal Garg-run Better.com is reportedly planning to lay off nearly 4,000 employees or nearly 50 per cent of its current staff this week. Better.com has employees around the world, including in the US

HYDERABAD (IANS) - Software giant Microsoft will set up its largest data center in India at Hyderabad with an investment of Rs 15,000 crore. The Telangana government and Microsoft on Mar.7 jointly announced the data center investment which will be Microsoft's

By BHARTI KUMAR NEW YORK, NY - Barron’s, a premier American publication, that covers U.S. financial information and market developments has released the third annual list of 100 Women Shaping the World of U.S. Finance. It spotlights women who have helped some

MOUNTAIN VIEW, CA (IANS) - Mahindra Group and Google Cloud have announced a new collaboration to drive innovation across the Groups multiple business units, including its core operations, customer-facing channels and employee experience. As part of the collaboration, Mahindra Group's digital,

SAN FRANCISCO, CA - Twitter CEO Parag Agrawal on Mar.3 announced the reopening of company offices from Mar. 15, globally. Agrawal, who last month took "a few weeks" of paternity leave for the birth of his second child, said that business

NEW DELHI (IANS) - In a major development in the ongoing legal battle between Future Retail and Amazon, the counsel for the latter in the Supreme Court proposed a dialog to end the legal battles. Senior advocate Gopal Subramanium, representing Amazon,

Purnima Kochikar, vice president, Play Partnerships, Google. (photo LinkedIn) MOUNTAINVIEW, CA (IANS) - Google and MeitY Startup Hub, an initiative of the Ministry of Electronics and Information Technology (MeitY), on Mar.2 announced a cohort of 100 Indian early to mid-stage startups,

HireMee has said it is spinning off Isotonik Solutions as a US company with Chocko Valliappa (above), Tom Dretler and Shirish Pareek as co-founders. India-West Staff Reporter LOS ANGELES, CA – India’s skilling and job platform HireMee on Mar. 2 said it

Dharmesh Mehta, vice president of Worldwide Customer Trust & Partner Support at Amazon. (photo Amazon) SEATTLE, WA (IANS) - Amazon has said that it has filed lawsuits against fake review brokers who orchestrate the posting of incentivized and misleading product reviews,

India-West Staff Reporter SAN FRANCISCO, CA - Entertainment Network India Limited, the company that operates the Mirchi brand in the United States, has announced the launch of its streaming app. The app is available on Apple and Android smartphones as well as

MENLO PARK, CA - Meta-owned, Instagram reportedly appears to have quietly removed the ability for mobile users to set a lower daily time limit reminder than 30 minutes. Indeed, the app's UX design nudges people to choose a three hour 'limit',

Deepak Chopra said he would be advising the new company to investigate psychedelics in its holistic approach to wellness. (photo Instagram) India-West Staff Reporter NEW YORK, NY - Indian American Deepak Chopra is backing The Healing Company, a business set up to

The controversial Vishal Garg has drawn flak from many quarters for his management practices. (IANS photo) SAN FRANCISCO, CA (IANS) - The return of Vishal Garg, the controversial Indian-American CEO of digital mortgage company better.com, is set for another round of