Walmart, the world's largest retailer, has paid $1.4 billion to buy out US-based Tiger Global's investment in e-commerce firm Flipkart, according to sources. The transaction puts Flipkart's valuation at $35 billion, against nearly $38 billion in 2021 when it raised funds from Japan's SoftBank, Walmart, and other investors. Tiger Global, Flipkart co-founder Binny Bansal, and Accel now have all fully exited the e-commerce firm by selling their stake to Walmart.
Modi said this 'special invitation' from President Joseph Biden and First Lady Jill Biden for a state visit is a reflection of the vigour and vitality of the partnership between the democracies.
The incoming Barack Obama administration is likely to appoint veteran troubleshooter Richard C Holbrooke as a special envoy to Pakistan and India amid tensions in the sub-continent following the Mumbai terrorist strikes.
Renowned playwright Lolita Chakrabarti's stage adaptation of the story of 16-year-old Indian boy Pi (Piscine) Patel stranded in the ocean on a lifeboat with a Royal Bengal Tiger named Richard Parker opened at Broadway's Gerald Schoenfeld Theatre on March 30.
Under pressure from shareholders, Citigroup is planning to shed thousands of jobs and focus outside North America for growth, according to a report on the website of New York Times.
Scriptwriter Tracey Jackson talks about The Other End of the Line starring Jesse Metcalf and Shriya Saran, and why the Amrican way of looking at India should change.
'I told President Obama, "Mr President, do you realise that the person who is likely to become the prime minister of India in two weeks, does not have a visa, and you are talking about having great relations between India and the USA, how are you going to do it?".'' 'His answer was that this is not right and that he'll have somebody from the White House and the State Department reach out to me.'
Jaishankar, who met Guterres at the UN headquarters in New York, also discussed other issues, including India's presidency of the G20 and the Ukraine conflict, with the UN chief.
The two-day State Visit to Egypt at the invitation of President Abdel Fattah El-Sisi is also the first bilateral visit by an Indian prime minister since 1997.
Holding that Air India's conduct appeared to be 'unprofessional', aviation regulator Directorate General of Civil Aviation (DGCA) on Thursday issued notices to the officials and crew of the New York-Delhi flight, asking why action should not be taken against them for 'dereliction' of duty while handling the November 26 'urination' incident.
Stepping up defence cooperation, India and the US are poised to unveil a roadmap for industries in the sector to partner closely in co-production, co-development and maintaining supply change during Prime Minister Narendra Modi's visit to the US beginning June 21.
As the pandemic enveloped various parts of the US, Kinsa's app alerted its team and wherever possible, the company made the data public. Between March 1 and November 1, 2020, the company captured close to 15 million fever readings and 1.7 million symptom inputs on its app. Several researchers and The New York Times downloaded the company's data, which showed that it was in general three weeks ahead of the surge.
The first state visit of Prime Minister Narendra Modi to the US is likely to be a defining moment for Indo-US relationship and both sides are working on a robust outcome document that may take up matters that would decide the contour of the bilateral ties for decades to come, according to people familiar with the planning of the high-profile trip.
IMAGES from the 2nd ODI played between Zimbabwe and India in Harare on Saturday.
Raise a toast to good health with wine. But this time let's go for the Indian ones.
Actively-managed large-cap mutual fund (MF) schemes have managed to regain some lost sheen this year after faring poorly in the 2022 calendar year (CY22). At the end of the first six months (H1) of CY23, 78 per cent of the active large-cap schemes were ahead of the Nifty50 index funds as against just 26 per cent in 2022. When compared to the Sensex index funds, 61 per cent active funds have delivered better returns, shows an analysis of Value Research data.
'Imagine China pursuing its aims in Jammu and Kashmir by using Pakistani and now Afghan proxies.'
An article in The New York Times recently speculated that Beijing would try to legitimise its hand-selected (and therefore illegitimate) Panchen Lama, Gyaltsen Norbu, by sending him to study in the Labrang Monastery in Xiahe at the somewhat advanced age of 21.
This is the second time in less than a week that the watchdog has taken enforcement action against the airline in connection with unruly passenger behaviour.
'Although perhaps not with a greater majority, and maybe even a slightly reduced majority in the Lok Sabha.'
Modi said India's next general elections will be held in 2024 and he invited G20 delegates to visit the country to witness the "festival of democracy" in the "mother of democracy".
The launch of Koel Puri's Clearly Invisible In Paris, in Mumbai, last Friday, revealed Suhana's star power.
Modi will arrive in New York on June 20 and will lead the 9th International Yoga Day celebrations at the UN headquarters on June 21.
Ahmed Rashid, perhaps the world's foremost expert on the Taliban, says while it's true that the Pakistani army may be in denial over the internal existential threat of the Taliban and other extremist groups and may be obsessed over the perceived threat from India, it is imperative New Delhi cuts Islamabad some slack.
Air India on Friday launched its first non-stop flight from New York to Delhi. Besides reducing the travel time to 14 hours, it also offers tickets at competitive rates.
The US hopes India will "reconsider" its decision to ban wheat exports, with Washington "encouraging" countries not to restrict exports as that will exacerbate food shortages, amidst Russia's invasion of Ukraine. India, the world's second-biggest wheat producer, has banned wheat exports in a bid to check high domestic prices amid concerns of wheat output being hit by scorching heat waves. The decision would help control retail prices of wheat and wheat flour, which have risen by an average 14-20 per cent in the last one year, besides meeting the foodgrain requirement of neighbouring and vulnerable countries.
Gandhi, 47, begins his nearly two-week trip to the US with an address at the University of California, Berkeley, tomorrow on contemporary India and the path forward for the world's largest democracy.
Rohit Sharma lauded Akash Madhwal for his scintillating fifer as Mumbai Indians marched into Qualifer 2 with a crushing win over Lucknow Super Giants.
We knew from the moment the pandemic took hold that this would be a long haul -- at least 12 to 18 months. Nothing should have changed that assessment, says Mihir S Sharma.
Prime Minister Narendra Modi meet Pope Francis, the head of the Catholic Church. for the first time. Although the meeting was scheduled for only 20 minutes, it went on for nearly an hour.
He has been appointed to the CBI director's post for a period of two years from the date of taking charge after Subodh Kumar Jaiswal completes his tenure on May 25, a government order said on Sunday.
COVID-19 has emerged as an important form of diplomatic currency around the world as nations try to showcase their soft power gains. In this race, India has an edge as India is already a pharmaceutical giant having produced some 60 per cent of global vaccines and now justly seeking to strengthen ties and expand its influence in its neighbourhood and beyond, observes Dr Rajaram Panda.
Despite their opposition based on ideology, both the political Right and the political Left possess similar behaviour, observes Shyam G Menon.
Top Pentagon officials have shown an understanding of India abstaining at the UN on resolutions against the Russian aggression against Ukraine but had a hard time pacifying many US lawmakers during a Congressional hearing on the Indo-Pacific on New Delhi's repeated abstention at the world body in New York.
Prevent highly intoxicated travellers from boarding the aircraft, limit alcohol intake, instal CCTV cameras and sensitise staff about sexual harassment -- are part of the detailed guidelines given by the Delhi Commission for Women to the aviation regulator amid rising incidents of unruly passengers on flights.
India's ambassador to the United States, Harsh Vardhan Shringla, who was visiting The NYT editorial board, rejected Khan's criticism.
The southwest corner of Union Square in New York City saw a cluster of Indians gathering around a statue of Mahatma Gandhi on the morning of October 2, the birth anniversary of the Father of the Nation.
As 2022 readies to bid adieu, Sukanya Verma raises a toast to the 10 high points of the year.
The frenzy to be present at the Madison Square Garden on September 28 when Prime Minister Narendra Modi addresses the Indian-American community likely rivals a rock concert held at the famous New York venue.
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