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Category: World

28 November, 2015

UK SWINGS AUSTERITY AXE BUT SPARES KEY WELFARE SCHEME, POLICE

LONDON (TIP): Britain announced a fresh round of deep cuts to public spending Wednesday, but dropped a plan to reduce…

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28 November, 2015

TATA MOTORS SHOWS OFF NEW RANGE OF MINING, CONSTRUCTION VEHICLES

BENGALURU (TIP): Tata Motors showcased four new construction and mining commercial vehicles, from its Construck range at construction equipment exhibition…

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23 November, 2015

INDIA’S LARGEST PAYMENT PLATFORM LAUNCHES MONEY TRANSFER IN THE USA

CAMBRIDGE, MA (Oct. 28, 2015) – Oxigen USA, Inc. is happy to announce the launch of Money Transfer to India…

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20 November, 2015

OLA Gets Another Round of Funding

Ola raised a $500 million Series F round from new investors Baillie Gifford and Didi Kuaidi and existing investors DST Global, Falcon Edge…

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20 November, 2015

Two Indian-Americans among richest entrepreneurs under 40

Two Indian-origin businessmen have been ranked by Forbes magazine among the richest entrepreneurs in America under the age of 40,…

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20 November, 2015

Activision gets mobile with $5.9B bid for King Entertainment

Activision Blizzard accquiers Candy Crush maker King Digital Entertainment by paying $5.9 billion, combining a console gaming power with an…

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20 November, 2015

PE investments in real estate touch $2.8 bn in January-September | India’s top real estate companies stare at Rs 30,000 crore debt

Private equity funds committed $2.8 billion to Indian real estate projects in the first nine months of 2015, global real…

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20 November, 2015

SEVENTH PAY COMMISSION FOR 23.5% SALARY HIKE

NEW DELHI (TIP): In its report submitted to the Union Finance Minister Arun Jaitley on November 19, the Seventh Central…

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20 November, 2015

INVESTORS NEED RBI NOD TO BUY 5% OR MORE IN BANKS

MUMBAI (TIP): The Reserve Bank on Thursday said its prior approval will be required for acquisition of shares or voting…

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20 November, 2015

VOLKSWAGEN TO PRESENT EMISSION FIXES TO US AUTHORITIES

LOS ANGELES (TIP): German automaker Volkswagen, tainted by an emissions scandal, said it will present US authorities tomorrow with plans…

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20 November, 2015

Small exporters to get interest subsidy

NEW DELHI (TIP): Exporters from labour-intensive, small and medium sectors can now avail bank loans at three per cent lower…

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20 November, 2015

Govt approves 10% stake sale in Coal India

NEW DELHI (TIP): The government on Nov 18 approved 10 per cent stake sale in the state-owned Coal India. This…

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20 November, 2015

AXIS MF UNVEILS CHILDREN’S FUND

BENGALURU (TIP): Axis Mutual Fund, an asset management subsidiary of Axis Bank with assets under management worth Rs 31,789 crore…

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20 November, 2015

CCI slaps Rs 258-cr penalty on Jet Airways, IndiGo, SpiceJet

MUMBAI (TIP): Fair trade regulator Competition Commission of India (CCI) has imposed a penalty of Rs 258 crore on Jet…

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20 November, 2015

INDIA STILL A PREFERRED DESTINATION FOR FOREIGN INVESTORS

MUMBAI (TIP): In spite of a lacklustre year for emerging markets so far in 2015, India continues to be a…

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20 November, 2015

Indian origin Swati Dandekar is named ADB director

WASHINGTON (TIP): President Barack Obama has nominated India-born Swati A. Dandekar, a Nagpur and Bombay University alum, to be United States…

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17 November, 2015

GLOBAL GOLD DEMAND HITS MORE THAN TWO-YEAR HIGH IN Q3: WGC

LONDON (TIP): Global gold demand hit its highest in more than two years in the third quarter as July's price…

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17 November, 2015

SUBIR GOKARN IS EXECUTIVE DIRECTOR AT IMF

NEW DELHI: Former RBI Deputy Governor Subir Gokarn was on November 12 appointed as an Executive Director on the board…

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17 November, 2015

World’s biggest online shopping day nets over $14 billion

SHANGHAI (TIP): E-commerce giant Alibaba said that Chinese and international consumers spent more than $14 billion in the world’s biggest…

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17 November, 2015

Vodafone to invest Rs 13,000 crore in India

NEW DELHI (TIP): Vodafone on Thursday committed investments of Rs 13,000 crore (£1.3 billion) in India for capacity augmentation and…

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17 November, 2015

Air India eyes Rs 17,000 crore revenue

NEW DELHI (TIP): Air India is all set to earn its highest-ever passenger revenue — Rs 17,000 crore — this…

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17 November, 2015

RETAIL INFLATION UP FOR 3RD MONTH IN ROW

NEW DELHI (TIP): Retail inflation inched up for the third successive month in October on the back of creeping prices…

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17 November, 2015

International students struggle to find employment | F-1 Visa

International students have F1 visas, which allow them to study, but not work in America. International students are limited to…

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17 November, 2015

How outsourcing companies are exploiting US H-1B visa program

Many of the visas are given out through a lottery, and a small number of giant global outsourcing companies had…

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11 November, 2015

2 Silicon Valley companies owned by Indian Americans have been penalised for violating H1B visa rules

Scopus Consulting Group and Orian Engineers, two companies based in Silicon Valley and owned by an Indian-American Kishore Kumar have…

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10 November, 2015

Indian American launches Global initiative aimed at training high scholars in Microsoft technologies

WOODBRIDGE. NJ (TIP): A New Jersey software entrepreneur has launched a global initiative to train high-school students in Microsoft technologies…

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8 November, 2015

‘Hello Namaste’ – New Song launched in UK to Greet PM Modi

Prime Minister Narendra Modi will be greeted on his maiden visit to the UK by a peppy new song by…

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6 November, 2015

Moody’s to PM Modi: Rein in party members or risk losing global credibility

Rising religious intolerance in India got the world's attention with Moody’s Analytics's report — a division of Moody’s Corporation — as…

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1 November, 2015

Sixth Grader Indian American Sells cryptographically Secure Passwords

NEW YORK:  An enterprising 11-year-old Indian-origin girl in the US has started her own business selling cryptographically secure passwords generated by…

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30 October, 2015

WORLD BANK SEES INDIA GROWING AT 7.5% IN FY16

NEW DELHI (TIP): The World Bank has maintained its growth forecast for the Indian economy for the current fiscal year…

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