Non-resident Indians are investing in well-established small and medium enterprises in India
The growing Indian diaspora settled in US totals over 1.9 mn.
Rakesh Gangwal's holding is considered FDI even though the majority stake in Caelum is held by NRIs
Also featured in list are Bonnie Hammer; David Lauren; David Sokol; and Venus and Serena Williams.
Unless the ministry for external affairs and the ministry for overseas Indian affairs work together, many NRI problems cannot be ironed out, feel T P Sreenivasan.
Naveen Selvadurai, 28, co-founder of social networking app 'Foursquare', 26-year old Vikas Reddy who co-founded technology start-up 'Occipital', Sachin Agarwal, 30 of San Francisco-based start up 'Posterous' and 22-year old Stanford graduate Ooshma Garg have been named in the '30 under 30' 2010 list of 'America's Coolest Young Entrepreneurs' by the New York based magazine.
The protestors demanded that the promises made to them under the Highly Skilled Migrants Programme be kept.
Two of the awardees -- Billy Nair from South Africa and Sibabrata Roy from Germany -- were unable to make it for the presentation.
Seeking to allay any security related apprehensions of non resident Indians, Home Minister Shivraj Patil on Monday assured them that India was as safe as any other part of the world.
Kerala will have to wait. The next Pravasi Bharatiya Divas will be held in Chandigarh," and not in Thiruvananthapuram, said Minister for Overseas Indian Affairs Vayalar Ravi.
Ten young under-40 innovators and entrepreneurs of South Asian origin will be given the Global Indus Technovators Awards at a ceremony at MIT on Monday.
A rise in the fee for cremation in Leicester has raised the hackles of Hindu, Sikh and Jain communities in the east Midlands town with a large minority of Indian origin.
'It is quite clear that the agitation against the farm laws is against the Centre and they will try to create all hurdles they can in that. They are using all tactics as their sole purpose is to defeat the agitation'
Procuring an Overseas Citizenship of India Card has become more difficult and expensive for non-resident Indians thanks to new rules introduced by the government. The new rule makes it compulsory to surrender the Indian passports (valid/expired) and get a surrender certificate after paying $175, in addition to the $275 charged for the OCI Card.Anyone acquiring foreign citizenship has to surrender his/her Indian passport within three months.
'Allen's comment was very painful to a lot of people.'
For non-resident Indians (NRIs), the recent relaxation in the inward remittances guidelines by the Reserve Bank of India (RBI) comes as a relief.
In a circular, Sebi said QFI would now mean a resident in a country that is a member of the Financial Action Task Force or a member of a group which is a member of FATF.
Amidst recession and job losses, Britons of Indian origin and others have been flocking to jewellery shops to cash in on rising price of gold, selling their rings, chains and even dental braces made of gold.
The launch of Overseas Citizenship of India cards, enabling overseas Indians holding foreign passports free access to the country, and an online electronic remittances gateway will be the highlights of the event
Deposit rates for non-resident Indians may rise following Tuesday's rate hike by the US central bank Federal Reserve and due to the impact of forthcoming India Millennium Deposit redemptions worth over $7 billion, bankers said on Wednesday.
He said things were on the right track and there was a possibility that it will happen.
Non-resident Indians are bringing gold into the country by taking advantage of rules that allow each individual to carry 1 kg of the metal, helping traders cope with restrictions on imports during the peak wedding season.
Each of the defendants in the case is charged with one count of conspiring to harbour illegal aliens, an offense that carries a maximum sentence of 10 years in prison and a $250,000 (about Rs 1.1 crore) fine.
Asserting that India offers unprecedented opportunities for entrepreneurs in biotechnology industry, Minister of State for Science and Technology Kapil Sibal has invited venture capitalists, experts in the field and non-resident Indians to invest the
As many as 22 non-resident Indians, including leading industralist Rami Ranger and academician Pritpal Singh, figure in Britain's Queen Elizabeth II's birthday honours list.
While bringing over your money to India you should take care to ensure it is done in such a way so as to reduce your tax liability and let you repatriate it back to your residence abroad, should you opt to move back.
The patriotism of wealthy overseas Indians has helped the country avert economic crises in the past and it is little surprise that embattled policymakers are turning to them again to plug a record trade gap that is battering the rupee.
Describing non-resident Indians and Persons of Indian Origin as Citizens of India Overseas, Science and Technology Minister Kapil Sibal on Tuesday asked them to invest in the manufacturing sector to give a boost to employment generation in the countr
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Victims decry Ministry of External Affairs' 'vengeful' decision to stop them from leaving the country if they have a 'T' visa (Trafficking category) affixed on their passports. George Joseph/Rediff.com reports
Two NRI entrepreneurs Mayank Patel and Karan Bilimoria have won the prestigious London Business Awards for commercial enterprise and excellence.
The government has dispensed with the condition of obtaining Foreign Invesment Promotion Board's approval for non-residents to transfer shares and convertible debentures of Indian companies from Indian residents, subject to sectoral caps.
The Malaysia-based Hindus Rights Force, struggling for rights and equality for ethnic Indian minorities in that country, has urged Persons of Indian Origin and Non-Resident Indians to extend support towards their cause. HINDRAF chairman P Waytha Moorthy told PTI that the PIOs should use their clout with India and appeal to the government to severe trade relations with that country, as well as stop all investments in that country.
Indians are the fourth-largest property buyers in Singapore.
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