Mills & Boon has launched its own publishing operation in Mumbai in the expectation that India will rapidly become the world's largest market for romantic fiction outside North America.
Leading home appliances maker Electrolux today said it will be trimming its global workforce by more than 3,000 employees primarily in the wake of weakening demand in Europe and North America.
Under Glenmark's 2004 collaborative deal with Forest, the latter had the right to develop and sell the asthma and chronic obstructive pulmonary disorder drug in North America for an upfront payment and additional fees for each developmental milestone that could total $190 million in all. Upon commercialisation, Glenmark will retain the rights for selling the drug for the rest of the world while Forest will continue to sell the drug in North American.
The Aamir Khan-starrer has grossed $21 million in four days across the globe.
The Cricket Council of the United States is planning to hold a Twenty20 tournament, pitting club teams from North America and countries like India and Pakistan against each other from April 4 to 12 next year. The USD 100,000 tournament would be held in South Florida and will be contested by 48 teams.
M Night Shyamalan redeemed himself with his new film The Happening, which surprised many industry forecasters, grossing an estimated three-day worldwide gross of $62 million.
The 24-year-old Tunisian is the only player from the continent in the women's draw and only the second Arabic woman ever to crack the top 100 in the WTA rankings.
The Jain Temple in Bartlett, Illinois, which serves over 6,000 people in the greater Chicago area, is one of the first big Jain temples in North America. And recently, during the Paryushan Parva celebration, it raised $2 million in just two days -- half of it in donations and the rest in interest-free loans. These funds should help expand temple facilities on its 15.4-acre property.
Genpact, the country's largest business process outsourcing firm, today announced the acquisition of Axis Risk Consulting, a risk consulting firm, for an undisclosed sum.
Paramount Pictures which had a strong summer season -- with Iron Man, Indiana Jones and the Kingdom of the Crystal Skull, and Kung Fu Panda -- is enjoying an extraordinary success with the multiple versions DVD sale of Iron Man. According to the box-office tracking The-numbers.com, the DVD sets grossed $93 million in North America in the first week.
An American national, who had earlier tweeted his support to ISIS, was arrested on charges of plotting to attack the US Capitol, the seat of the Congress, and kill government officials.
Recitations from ancient Hindu scriptures reverberated in a Christian church in Nevada on the occasion of Thanksgiving eve service. Rajan Zed, a prominent Hindu chaplain, read from the Rig Veda, the Upanishad and the Bhagavad Gita in the Trinity Episcopal Church in Reno, Nevada, during the twenty-second Annual Thanksgiving Service of Northwestern Nevada held on Wednesday evening. Various faith traditions in northwestern Nevada came together to share the spirit of love.
The country's largest software exporter Tata Consultancy Services on Monday reported a stellar 72.7 per cent growth in net profit at Rs 6,413 crore for the fourth quarter of last fiscal ended March 31.
Spaniard Francisco Mancebo took the Tour of California lead on Sunday with victory in the first stage on a rain-soaked day when Lance Armstrong had his time-trial bike stolen.
The investments would be made in the company's acquired companies, Algoma in Canada and Minnesota Steel in the US, as well as greenfield plants in Trinidad and Tobago. The groundbreaking ceremony for the first steelmaking facility in Minnesota's Iron Range was held on Sunday.
The Japanese government warned the people in northern Japan to prepare for a potential incoming missile from Pyongyang.
Country's largest software exporter Tata Consultancy Services on Tuesday said it has set up a software development and delivery center in North America with a capacity of 1,000 seats to cater to the customers there. The center located in Milford, Ohio, a suburb of Cincinnati, can accommodate up to 1,000 associates, TCS said in a statement. Cincinnati and the Ohio region met all TCS' criteria in terms of proximity to customers, strong talent pool and 10 Fortune 500 Companies.
Caisse manages nearly $155 billion of pension and insurance funds in Canada and North America while Ivanhoe has 70 shopping centres in Canada, the US, Europe and Latin America, totalling 46 million sq ft.
The double package will show the trailer of Toy Story 3 as well, which will also have a 3D version.
The event is being organised jointly by the Indian Institute of Science Alumni Association of North America, Pan-IIT, India Community Center and TiE Silicon Valley.
Jodhaa Akbar co-producer Ronnie Screwala speaks to Arthur J Pais about the film.
N Ganapathy Subramaniam, chief operating officer (COO), discusses the strategy to concert digital opportunities to larger deals, focus on reskilling own people instead of acquiring a company to get access to skillsets and demand from newer verticals in an interview with Romita Majumdar
Changing political situation in America and European countries have forced rich Islamic investors from the Gulf countries to look for investment opportunities in South East Asian countries, including India.
Dr Arun Vakil describes life in America as an Indian student. He gives pointers for social interaction and provides online resources for US-bound students.
Mayor Bloomberg shared a breakfast chat with representatives of six major faiths at the Mayor's annual inter-faith meet. Hinduism was represented by Dr Uma Mysorekar of the Hindu Temple Society of North America and six other Krishna devotees.
M&M will close down GenZe, an e-scooter business in California, because it is unlikely it would stand on its own feet, and is ahead of its time.
Bob Dhillon, who is well on his way, to becoming the first Sikh billionaire in North America, shares the secrets of his success.
During the year, he received a total compensation of $1.3 million (Rs 7.8 crore), including a salary of $844,453, bonus and incentives of $281,415 and other compensation of $154,143.
Indian solar power companies now want to light up the domestic market, with a little help from the government, of course.
India and China need to chart a different path to develop low carbon economies to combat global warming, Chairman of the UN Intergovernmental Panel on Climate Change, Rajendra Pachauri said. In both India and China, there is now a serious debate. "In India I can see it for sure because the prime minister is quite concerned about this issue. He set up the advisory council on climate change," he said.
Akshay Kumar's much hyped film Singh is Kinng has raked in Rs 18 crore across India and managed the biggest-ever opening in North America, the UK and the Middle East in the first two days of its release, the production unit claimed.
In spite of the Orient snub, Tatas are still negotiating with them for the hotel takeover as well as scouting other US cities for luxury hotels.
Researchers at the University of Sheffield and Aston Business School have found that investment in Research and Development (R&D) is rapidly shifting from North America and Europe to Asia.
It is the first time that a significant number of movies simultaneously showcase Indian origin talent. Some of the films, like The Love Guru, have an actor of Indian origin, in this case Manu Narayan getting his first big break. Other like Brick Lane, a story of immigration angst, adultery and redemption set in London, have a mostly Indian cast.
It said that it is seeking the partnership of individuals at all levels to give of their time, their talent or their treasure toward the goal of expansion of United Ways across India, and become involved in the United Way Friends of India program.
The tagline for The Love Guru, the Mike Myers comedy which upset some Hindus, said: His Karma Is Huge but bad karma caught up with the $60 million film which had an anemic opening in North America with $14 million.
Apollo tyres lines up Rs 1,160 cr investment to set up manufacturing unit in Hungary to produce passenger car radials.
India's second-largest IT services exporter targets Australia, Japan, South Africa.
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