Business

Reuters Francis Mascarenhas MUMBAI (REUTERS/Agencies) - India's markets regulator asked investors on August 11 to remain calm and exercise due diligence before reacting to reports by US-based short seller Hindenburg Research. Hindenburg has alleged that the head of Securities and Exchange Board of India

India-West Staff ReporterMILWAUKEE, WI – The National Bobblehead Hall of Fame and Museum unveiled a limited-edition Kamala Harris and Tim Walz 2024 Presidential Candidate bobbleheads. The bobblehead featuring Walz and Harris joins previously released bobbleheads of Donald Trump and JD

DALLAS, TX (IANS) - Charles Schwab, a global leader in financial services, has chosen Hyderabad as the prospective location for its first Technology Development Centre in India. The decision followed discussions between Telangana Chief Minister A. Revanth Reddy, IT Minister D.

BENGALURU, (REUTERS) - India's Byju's said on August 8 that a U.S. court has shunned its lenders' attempts to block its settlement with the Indian cricket board, calling it a "win" for its "turnaround efforts" in the country where it

AMARAVATI, (IANS) - Tech giant Google will partner with Andhra Pradesh in providing Artificial Intelligence (AI) applications in sectors like agriculture, healthcare, sustainability, skill development and startup ecosystems, it was announced on August 6. "This comprehensive partnership will encompass AI applications

SAN BRUNO, CA (IANS) - Google-owned YouTube’s CEO Neal Mohan on August 7 said that Shorts, which was first launched in India, now has trillions of views in the country and domestic creators are making videos inspired by local trends

WASHINGTON, DC (REUTERS) - A landmark ruling on August 5 that Alphabet's Google illegally monopolizes Web search also came with a rebuke for the tech giant for obscuring potential evidence in the case, and a warning to other companies about

SRIPERUMBUDUR, (IANS) - In a fillip to India’s manufacturing, tech giant Apple is set to make its ‘Make in India’ iPhone 16 Pro and 16 Pro Max models available in the country right after the global launch this fall, industry

DALLAS, TX (IANS) - USA Cricket (USAC) on July 27 appointed Johnathan Atkeison as its new CEO effective August 1. Atkeison, who most recently served as the Chief Operating Officer of USA Rugby, joins USA Cricket with over 15 years of

NEW DELHI, (IANS) - Gautam Adani, Chairman of the Adani Group, on July 29 had an "insightful meeting" with FedEx CEO Rajesh Subramaniam, adding that he is "excited" about future collaborations with the global logistics company.  Subramaniam said recently that India is

India-West Staff Reporter NEW YORK, NY - Estée Lauder Companies has announced the appointment of Akhil Shrivastava as executive vice president and chief financial officer, effective November 1, 2024. As CFO, he will oversee the company’s global finance, accounting, tax, treasury, investor

Family-friendly SUVs like the VinFast VF 8 go beyond just in-car entertainment. VinFast understands the importance of keeping children safe on every journey. That's why they've prioritized safe technology features alongside entertainment options. This commitment to child safety is reflected in the VF

Photo: REUTERS/Shailesh Andrade NEW DELHI, (Reuters) - India's Reliance Industries has received approval from the United States to resume importing oil from Venezuela despite Washington's sanctions, a source familiar with the matter said on July 24. The United States in April re-imposed

India-West Staff Reporter NEW YORK, NY - Air India on July 22 said its A350-900 aircraft will operate on the Delhi-New York JFK route from November 1 and will begin Delhi-Newark flights from January 2, 2025. The A350 will introduce the airline’s

VinFast VF 8 prioritizes safety. The car secured high marks in Euro NCAP's stringent tests, achieving a perfect score in some areas of overall protection. Further solidifying its safety credentials, the VF 8 also garnered a 5-star rating from the ASEAN NCAP. These accolades underscore VinFast's commitment

Photo: Reuters MUMBAI, (REUTERS) – America’s industrial real estate developer Panattoni has urged India to streamline its land acquisition processes which it said make it difficult for developers to cash in on a warehousing boom in the country. Foreign and domestic real

BRIDGEWATER, NJ (IANS) – A Pune based engineering and enterprise modernization company Persistent Systems on July 3 said it had acquired Starfish Associates, based here, for an undisclosed sum. Known for its enterprise communications automation platform, Starfish Associates caters to the

CHENNAI, (IANS) - After Apple, Google is set to manufacture Pixel phones in India, with plans to export the devices to Europe and the US, media reports have said. According to reports, the tech giant will soon begin commercial production through

India-West Staff Reporter CUPERTINO, CA - The Malani Diamond Gallery, renowned for its opulent and meticulously curated collection of luxury diamond jewelry, will be hosting an exclusive event on July 20-21at the Juniper Hotel Cupertino, here. “The Malani Diamond Gallery invites all

Photo: @Space_Station WASHINGTON, DC (ANI) - Projected to last only days, the first crewed test flight of Boeing's Starliner spacecraft with two astronauts onboard faces uncertainty with no exact return to Earth announced. NASA's Commercial Crew Program manager, Steve Stich has said

CHENNAI, (IANS) - Amazon Web Services (AWS) on June 28 announced its first-ever space accelerator program in India, selecting 24 startups from the country, providing a big boost to the space startup sector. The selected startups operate in a range of

India-West Staff Reporter SUNNYVALE, CA - Giri, a premier retailer of Indian traditional and religious products, has opened its first US showroom, here. TS Ranganathan, CEO of Giri Retailer Inc. “Our new showroom represents a significant milestone in our mission to connect

Photo: Reuters/Palani Kumar BENGALURU, (REUTERS) - A Reuters investigation published on June 25 found that Foxconn has systematically excluded married women from jobs at its main India iPhone plant near Chennai in Tamil Nadu state, on the grounds they have more

India-West Staff Reporter WASHINGTON, DC – The US-India Strategic Partnership Forum on June 25 named Shailendra Singh to its board of directors. As a prominent figure in the investment landscape and managing director at Peak XV, Singh is expected to bring strategic

NEW DELHI, (IANS) - India’s pharmaceutical exports continue to register double-digit growth, reflecting the strong demand for the country’s affordable generic medicines in global markets led by the USA and UK. India’s pharma exports grew by 10.45 percent in May this

India-West Staff Reporter SAN JOSE, CA – PayPal has announced the appointment of Srini Venkatesan as chief technology officer, effective June 24. In this role, the Indian American will lead the development and implementation of technology across the entire PayPal ecosystem,

SAN FRANCISCO, CA (IANS) - On June 12, Priyank Kharge, Karnataka’s minister for IT and Biotechnology, announced the launch of ‘Hypergrowth Global Karnataka,’ a global late-stage scaling program, at an event here. Dr. Ekroop Kaur, a state official expressed the government's

India-West Staff Reporter CINCINNATI, OH - Tata Consultancy Services (TCS) on June 11 announced the launch of a new Internet of Things (IoT) engineering lab here, to assist clients in developing innovative solutions more efficiently. The lab is designed to support the

NEW DELHI, (IANS) - Before kicking off this year's Apple's annual Worldwide Developers Conference (WWDC), the company's CEO Tim Cook on June 10 shared his experience of meeting with student developers who won 'Swift Student Challenge' and one of them

India-West News Desk NEW YORK, NY – On May 30, Anant Yardi, the prominent software entrepreneur, acquired a majority stake in WeWork following a federal bankruptcy court's decision to transfer control of the co-working giant to its creditors. “While Yardi will become

SAN FRANCISCO, CA (IANS) - Lauding engineer Ashok Elluswamy, who was the first recruit of Tesla's Autopilot team, Elon Musk on June 9 expressed gratitude towards him, saying that "without him and our awesome team, we would just be another

India-West Staff Reporter LOS ANGELES, CA - Elevate K-12, a provider of live teaching for K-12 classrooms, has received its first official accreditation by the Accrediting Commission for Schools, Western Association of Schools and Colleges (WASC). T "Receiving WASC accreditation is a

MUMBAI, (IANS) - IT major Wipro on June 6 announced it has secured a $500 million deal from a leading US communication service provider over a period of five years. In a stock exchange filing, the IT services company said it

NEW YORK, NY (IANS) - A group of lenders on June 5 petitioned against new entities, tied to embattled ed-tech company Byju's US subsidiary, into bankruptcy in a US court, alleging that these entities are not paying their debts. The group

India-West News Desk SEATTLE, WA - Microsoft CEO Satya Nadella has stepped down from the Starbucks board. In his letter of resignation, Nadella didn’t explain his decision. But Nadella threw his weight behind fellow Indian American, the Starbucks CEO Laxman Narasimhan and

NEW YORK, NY (IANS) - Tata Group and the Adar Poonawalla-run Serum Institute of India (SII) have been recognized among the top 100 ‘World’s Most Influential Companies of 2024’ by Time magazine. While the Tata Group was included in the list

NEW DELHI, (IANS) - Union Minister Rajeev Chandrasekhar on May 29 welcomed American major United Parcel Service (UPS) for its plans to manufacture tags used in tracking packages in the country. Chandrasekhar said the country looks forward to welcoming UPS to

NEW DELHI, (IANS) - To help Micro, Small, and Medium Enterprises and startups integrate better in the global supply chain, the India-US CEO Forum’s Working Group 7  on May 27 launched the bilateral knowledge-sharing platform between India and the US. The

NEW DELHI, (IANS) - Goldman Sachs has revised its forecast for India’s GDP growth by 10 basis points to 6.7 percent as it expects the government’s heavy investments in big-ticket infrastructure projects to continue with the huge dividend coming in

NEW DELHI (ANI) - The US Food and Drug Administration has completed the inspection of the multipurpose API manufacturing facility of Solara Active Pharma Sciences Limited at Visakhapatnam. The facility is a green field project spread over an area of

India-West News Desk NEW YORK, NY - Former GOP presidential nominee Vivek Ramaswamy has acquired a 7.7% stake in BuzzFeed, according to a new regulatory filing. The acquisition, detailed in a 13D filing, sent shares of the struggling media company soaring

WASHINGTON, DC (IANS) – In the midst of the debate over the outrageous sums being earned by top managements across corporates becomes more and more transparent and is drawing the ire of many, Nikesh Arora, the India-born CEO of Palo

BENGALURU, (IANS) - Biocon Biologics said on May 21 that the US Food and Drug Administration has approved the company’s first-to-file application for Yesafili, a biosimilar drug for treating eye ailments. The company said the medicine is like the reference product

India-West News Desk VALLEY FORGE, PA - Vanguard has announced that its Board of Directors has appointed Salim Ramji, a longtime financial services executive, as the Company’s new Chief Executive Officer and a member of the Board, effective July 8, 2024.

WASHINGTON, DC (IANS) - Drug makers Dr Reddy's Laboratories, Sun Pharma and Aurobindo Pharma are recalling their products in the US due to manufacturing issues. According to the latest Enforcement Report by the US Food and Drug Administration (USFDA), Dr Reddy’s

NEW DELHI, (IANS) - E-commerce giant Amazon has pumped Rs 1,600 crore into its India arm, Amazon Seller Services, a regulatory filing by the company has shown. The investment comes as India’s e-commerce growth is expected to reach $200-230 billion by

NEW DELHI, (IANS) - Indian American academic, Vivek Wadhwa on May 13 warned Tesla and SpaceX CEO Elon Musk against picking China as they would "rob him blind" and instead asked him to consider moving manufacturing to India. Wadhwa's post comes

DALLAS, TX (IANS) - India has emerged as a "critical partner" for the US which is "doubling down" on it for trade and working on further boosting economic ties, according to a senior US trade official. Assistant Commerce Secretary Arun Venkataraman

GURUGRAM, (IANS) - American Express is going to open a new, ultra-modern campus in Gurugram. Spanning almost one million square feet, this facility is the largest office the company has built from the ground up globally. It prioritizes cutting-edge design,

TORONTO, (IANS) - Wipro Infrastructure Engineering's hydraulic cylinders and components manufacturing business has entered into a definitive agreement to acquire Canada-based Novacap portfolio firm Mailhot Industries, the company announced on May 9. This acquisition will allow Wipro Hydraulics to expand its