Wednesday 14 November, 2018

US withdraws duty-free concession on import of 50 Indian products

Washington, Nov 1 (IANS) The US on Thursday withdrew duty-free concessions on import of around 50 Indian products, mostly from the agriculture and handloom sectors, in line with the protectionist approach to trade put in place by President [...]

India shortlisted among 5 countries for Uber flying cabs

Tokyo, Aug 30 (IANS) Fasten your seatbelt to board a flying cab soon as Uber on Thursday selected India as one of the first five shortlisted finalist countries that could be home to the first international Uber Air City within the next five [...]

Infosys opens North Carolina hub, hires 4,700 in the US

San Francisco, Aug 23 (IANS) Global software major Infosys has inaugurated its fourth technology and innovation hub in Raleigh, North Carolina, saying that it has now hired more than 4,700 Americans since spring 2017, including nearly 500 [...]

Ryan’s World: Six-year-old multi-millionaire teams up with Walmart

NRI Pulse Staff Report: Atlanta, GA, August 6, 2018: Six-year-old Ryan, who stars on the popular Ryan ToysReview YouTube channel has teamed up with his partner network to launch a line of toys and apparel with Walmart. The [...]

PepsiCo’s Indra Nooyi to step down as CEO in October

Purchase (US)/Mumbai, Aug 6 (IANS) Indian origin business executive Indra K. Nooyi will step down as the Chief Executive of global food and beverages major PepsiCo, Inc. in October, the company said on Monday. According to the US-based multinational, [...]

7 Indian firms in Fortune 500 list, IOC tops, RIL up 53 ranks

New Delhi, Aug 1 (IANS) Seven Indian companies feature in the US magazine Fortune 500 list of the world’s largest firms, with state-run Indian Oil Corp (IOC) remaining the top-ranked Indian company in the 2018 rankings and Reliance Industries [...]

Chennai-born Dhivya Suryadevara is first woman CFO of General Motors

BY VEENA RAO Atlanta, GA, June 14, 2018: American auto maker General Motors Co. (GM) recently announced the appointment of Chennai-born Dhivya Suryadevara as Chief Financial Officer, effective Sept. 1, 2018. Suryadevara, will report to Mary [...]

Tough government rules keep Tesla away from Indian roads: Elon Musk

New Delhi, May 30 (IANS) Tesla CEO Elon Musk said on Wednesday that he would love to roll out Tesla electric cars in India but the tough government regulations have forced him to apply the brakes on his plans till date. “Would love to [...]

Deal reached to sell Sahara’s New York Plaza Hotel for $600 million

New York, May 4 (IANS) A Dubai investment group and a New York real estate company have reached a deal to buy the majority stake owned by Subrata Roy’s Sahara Group in the New York Plaza Hotel for $600 million, according to media reports. The [...]

At $69 bn India highest recipient of remittances in 2017: World Bank

Washington/New Delhi, April 23 (IANS) India topped as the highest recipient of remittances globally in 2017, with its diaspora sending back $69 billion, a World Bank statement said here on Monday. “Remittance inflows improved in all [...]