On Tuesday, members of Congress from both the Democratic and Republican parties wrote to India's ambassador, Nirupama Rao, asking the Indian government to reconsider its PMA policy and its impact on the information and communications technology sector.
Mumbai land sale part of non-core divestment this year, counters DLF
The composition of the US delegation led by Secretary of State Hillary Clinton to next week's India-US Strategic Dialogue in New Delhi points to the wide-ranging scope of talks between the two countries.
The big-ticket announcement during US President Barack Obama's visit to India starting November 6 will be about lifting controls on the export of high-technology items to India. "We are looking forward to a significant announcement on export controls," said US Commerce Secretary Gary Locke in an exclusive interview to Business Standard.
US-India Business Council denies charge of routing poll help to Republicans.
PepsiCo chief raps Indian infrastructure, manpower skills as big growth obstacles.
While Research in Motion, the Canada-based maker of BlackBerry, negotiated a two-month reprieve to develop a solution complying with the Indian government's demands, Indian officials have said companies such as Google and Skype would also be asked to comply with the government's directives or close their networks.
The apparent linkage had been implied by a report on the Times Now news channel that disclosed an email exchange between US Deputy National Security Advisor for International Economic Affairs Michael Froman and Deputy Chairman of the Planning Commission Montek Singh Ahluwalia.
The company had earlier said it would sell its Indian-made four-door and two-door diesel pick-up trucks in the US market by the end of the year.
India should be satisfied with the outcome of the recently concluded G20 summit in Toronto since its argument against a quick withdrawal of stimulus measures by developed nations had, to an extent, been accepted, according to US economic experts.
This will follow Israel's exit from the Index and entry into the MSCI World Index, comprising developed markets.
Despite some debate on whether this is the best time to launch a new fund, Emerging Global Advisors, a New York-based research and asset management firm specialising in emerging markets, plans to launch the EG Shares Indxx India Infrastructure Index Fund within the next couple of weeks.
Global IT major Oracle plans to use its Indian acquisition i-Flex to acquire more customers in the banking sector. Their joint sales pitch has now fetched them their first client among US retail banks
General Motors' Saturn Aura won the 'Car of the Year' at the North American International Auto Show this year.
The much talked about film 'Blood Diamond' accuses the diamond industry of profiting from the misery of civil war ravaged Africans, through the trade in conflict diamonds.
Indian IT services major TCS will open a global delivery centre in Mexico next year.
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