Friday 20 July, 2018

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 [...]

Raghuraman Rajan named as possible candidate for Bank of England top job

London, April 23 (IANS) Raghuram Rajan, former Governor of the Reserve Bank of India, has been named as one of the possible contenders for the top job at the Bank of England (BoE), according to a report by UK-based Financial Times. “Attracting [...]

Demonetization was not well thought-out, useful exercise: Raghuram Rajan

New York, April 12 (IANS) Demonetization was not a well-planned or well thought-out useful exercise said Raghuram Rajan, ex-Governor of Reserve Bank of India, adding that the government was cautioned about it when the idea was mooted. “Demonetization [...]

At $40bn, Mukesh Ambani richest among 121 billionaires in India: Forbes

New York, March 7 (IANS) India has 121 billionaires — 19 more than last year — making them the third largest group of the ultra-rich after those from the US and China, according to Forbes, the business magazine that produces an [...]

Ambani scion Akash to be betrothed to diamantaire’s daughter Shloka?

Mumbai, March 4 (IANS) Wedding bells may soon be ringing in the country’s premier business family. According to reliable sources, Mukesh Ambani’s eldest son Akash may soon be betrothed to Shloka, the youngest daughter of Russell [...]

Google sued for ‘hiring discrimination’ against white, Asian males

San Francisco, March 3 (IANS) Google has been sued by a former YouTube employee for allegedly pressuring recruiters to only look for female and Latina applicants and that the video-sharing platform had last year stopped hiring White and Asian [...]

Part of Nirav’s money trail leading to Delaware, says ED source

New Delhi, Feb 27 (IANS) The Enforcement Directorate (ED), looking at the money trail related to jeweller-designer Nirav Modi, have found it leading to the Delaware state in the United States. “The agency is probing details of the operations [...]