Business

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

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