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Category: Business & Economics

1 May, 2015

Roswell Park spinoff, Indian pharma company start joint venture in New York

A major Indian pharmaceutical company is forming a joint venture with a startup life-sciences company in Buffalo that grew out…

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1 May, 2015

Indian American owned Intelliswift acquires Magagnini Network

Intelliswift Software, Inc. a leading software solutions company, announced the acquisition of Magagnini Network. This is a great opportunity for…

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1 May, 2015

India won’t provoke conflict, befitting reply if attacked at Pakistan border: Rajnath Singh

India on Thursday April 30, said it will never "provoke" a conflict at the border with Pakistan but will not…

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1 May, 2015

Nazi museum opens at old party headquarters in Munich

In 1930, Adolf Hitler established the headquarters of the National Socialist German Workers‘ Party in an upscale part of Munich.…

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1 May, 2015

Winter freezes US economy in first quarter

WASHINGTON (TIP): US economic growth braked more sharply than expected in the first quarter as harsh weather dampened consumer spending…

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1 May, 2015

Gove eases incorporation of business, process to take just 1 form

NEW DELHI (TIP): Entrepreneurs keen on setting up new enterprises will be able to incorporate one by filing just one…

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1 May, 2015

Maruti Suzuki sales surge 27 per cent to 1,11,748 units

NEW DELHI: Country's largest carmaker Maruti Suzuki India (MSI) reported a 29.6 per cent rise in total sales in April…

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1 May, 2015

Samsung’s profit sinks 39%as mobile profit shrinks

SEOUL (TIP): Samsung Electronics Co. said its first-quarter net income has plunged 39%as the smartphone business saw its profit shrink…

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1 May, 2015

Unborn Children and their Constitutional Rights

A 33-year-old Indian-American woman Purvi Patel has recently been sentenced to 30 years in prison in Indiana for feticide and child maltreatment.…

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30 April, 2015

US successfully tests bullets that can change course midair

WASHINGTON: Now you don't have to be a good shooter to hit the mark. The US military has successfully tested…

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27 April, 2015

Vijay Mallya: Faces Exit – From bad to worse for ‘King of Good Times’

NEW DELHI: Things appear to be going from bad to worse for Vijay Mallya, once known as 'King of Good…

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24 April, 2015

Calyx Group Revolutionizes Real Estate Industry

Pune, India April 24th 2015. Calyx group, one of the leading real estate companies has set a new trend across…

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24 April, 2015

Now, tax to be levied on PF withdrawn before five years

NEW DELHI (TIP): While the Modi government is allaying perceptions of tax terrorism among foreign investors and projecting a pro-poor…

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24 April, 2015

RBI CHANGES PRIORITY SECTOR LENDING NORMS

MUMBAI (TIP): The Reserve Bank of India has revised the priority sector lending norms which direct banks to lend to…

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24 April, 2015

DEUTSCHE BANK FINED RECORD $2.5 BILLION IN RATE RIGGING INQUIRY

LONDON/NEW YORK (TIP): US and British regulators fined Deutsche Bank$2.5 billion and its British subsidiary pleaded guilty to criminal wire…

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24 April, 2015

YES BANK READIES US LISTING PLAN

MUMBAI (TIP): Yes Bank is gearing up to become the third Indian bank to have its shares listed on American…

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23 April, 2015

India’s Land Acquisition Act: Bonanza for Rulers & their Financiers

India has a long history of its ruler’s fascination with farm land. Whether it was ancient Kings or Moghuls or…

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23 April, 2015

Indian-Origin Speed Trader Arrested in UK For Role in 2010 US ‘Flash Crash’

WASHINGTON:  A high-frequency trader of Indian origin was arrested in the United Kingdom over charges he manipulated the futures market and…

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17 April, 2015

ARUN JAITLEY PUSHES US FOR TOTALIZATION PACT

NEW DELHI (TIP): Finance minister Arun Jaitley has urged US authorities to create a framework that would help Indian workers…

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17 April, 2015

Need $60bn a year to power growth: Suresh Prabhu

NEW DELHI (TIP): Railway minister Suresh Prabhu on Thursday said that the country needs around $50-60 billion in investment every…

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17 April, 2015

Successful Indian companies fuelling UK economy: Study

LONDON (TIP): The success of Indian companies is fuelling the British economy through job creation and high revenues, states a…

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17 April, 2015

OLA RAISES $400M, LED BY DST GLOBAL

MUMBAI (TIP): In one of the largest financing rounds for an Indian internet startup, taxi-hailing service Ola said it has…

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17 April, 2015

The German drum gone silent

The death of Günter Grass on Monday, April 13, a giant German writer of the post-World-War-II era, a novelist, playwright,…

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17 April, 2015

China’s economic growth dips to six-year low

BEIJING (TIP): China's annual economic growth slowed to a six-year low of 7.0 per cent in the first quarter as…

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15 April, 2015

Google accused of abusing Internet search dominance: EU

The European Union's competition regulator on Wednesday accused Google of illegally abusing its dominance of the Internet search market in…

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12 April, 2015

Ban this, ban that – Intolerance growing in BJP-RSS regime

Days after Prime Minister Modi warned the judiciary of dangers posed by five-star activists, the Union Home Ministry cut off…

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11 April, 2015

US Opposes Former Goldman Sachs Director Rajat Gupta’s Plea to Reverse Conviction

NEW YORK:  India-born ex-Goldman Sachs director Rajat Gupta's conviction on insider trading charges should not be thrown out as the government…

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11 April, 2015

MOODY’S UPGRADES INDIA RATING OUTLOOK TO POSITIVE

MUMBAI (TIP): Moody's ratings revised India's sovereign rating outlook to "positive" from "stable" on Thursday as it expects the actions…

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11 April, 2015

SEBI STRUGGLES TO SHIELD SAVERS FROM MORE SAHARAS

MUMBAI (TIP): As regulators try to contain one of India's most spectacular investment scandals, dozens of smaller but similar schemes…

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11 April, 2015

Shell to buy BG for $70bn, take on Exxon

Royal Dutch Shell agreed to buy smaller rival BG Group for 47 billion pounds ($70.2 billion) in the first major energy…

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