Rakesh Jhunjhunwala's holding value in Nazara Technologies crossed the Rs 1,000-crore mark. In the past one month, the market price of Nazara, a diversified gaming and sports media platform, has zoomed 78 per cent. In comparison, the Sensex was up 3 per cent during the same period.
The highest domestic offer stood at Rs 24 lakhs (Rs 2.4 million) made by an investment bank based out of Mumbai. Though this is a decrease from what was achieved last year, the institute managed to minimise the impact on both the average salary and the median package. Despite the global economic slowdown, IIMK students ended the placements with an average annual salary of Rs 10,56,000.
Democratic candidate Hillary Clinton registers her first 'win' by four votes to two against Trump.
TANA is one of the largest Indian organizations in the US and a split in it upset most people. The 17th national conference is scheduled for July in Chicago.
Auto and farm equipment major Mahindra and Mahindra on Wednesday said its US-based subsidiary will open a new assembly and distribution centre by the end of this month.
ATI Technologies, designer and manufacturer of 3D graphics and digital media silicon solutions, plans to invest $ 50 million in research and developement facility in India in the next five years.
Ahead of the Union Budget for 2023-24, Budget makers have welcomed the global consensus view that India will remain one of the bright spots in calendar year 2023. But there is some alarm over the grim global situation and how that might impact the Centre's projections and assessments for next financial year. The big global headwinds include a deep and sustained recession in the West, including India's biggest trading partners in North America and Europe, continuing volatility in commodity markets, and renewed Covid-19 fears, as lifting of strict curbs by China could potentially lead to a massive spread again.
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.
A resolution commemorating the life of Indian human rights defender Father Stan Swamy and seeking an independent investigation into the death of the Jesuit priest has been introduced in the US Congress, Congressman Juan Vargas has said.
Patheon Inc, the pharmaceutical service provider, is looking for Senior Scientists and Formulation Development Managers.
With his first English language film Slumdog Millionaire shining among the top 10 films of the weekend on three continents, Anil Kapoor, who plays a complicated quiz show host in it, has set a record for an Indian actor.
Jodhaa Akbar co-producer Ronnie Screwala speaks to Arthur J Pais about the film.
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.
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.
If these pictures are any indication, the ace singer-songwriter had one helluva time while at the headquarters too!
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.
US-based UPS on Thursday opened its first store in Mumbai. This is the first store outside North America.
"I spoke from this chamber one year ago, just days after Vladimir Putin unleashed his brutal war against Ukraine. A murderous assault, evoking images of the death and destruction Europe suffered in World War II," Biden said in his address to a Joint Session of the US Congress on Tuesday night.
Bob Dhillon, who is well on his way, to becoming the first Sikh billionaire in North America, shares the secrets of his success.
The successful opening of Julie & Julia proves what a wonderful box-office draw the 60-year-old actress has become in recent years.
The domestic pharmaceuticals industry has proven its mettle once again with Glenmark Pharmaceuticals announcing the receipt of euro 25 million from German drug major Merck
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.
Chris Kattan hopes his film will win millions of admirers, who will see a different kind of exaggerated reality than the one in Slumdog Millionaire.
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.
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.
The romantic comedy, which cost about $40 million, could earn over $200 million worldwide.
The film will releases both in theatres and digitally, reveals Subhash K Jha.
'Nobody has a premium on solving the world's problems. Everybody has got new things to learn from somebody,' says CitiBanker Ajay Banga.
Last year, there was almost 16 per cent increase in hiring by the Global Capability Centres in India.
Though it is smaller than the $11 billion BPO exports market, it is expected to reach $6 billion by 2012, according to a new Ernst and Young study. The domestic BPO market, hence, presents a huge untapped growth opportunity. Its addressable market opportunity is in the range of $16-19 billion by 2012, with significant business growth coming in from sectors like BFSI (banking, financial services and insurance), telecom, media, retail and government.
Bangalore-based specialised software solution provider Manthan Systems has launched two new analytical products primarily targeting retailers and consumer packaged goods industry in North America and Europe.
Christian Bale proves with his newest film Terminator: Salvation that he is no Arnold Schwarzenegger.
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 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.
These service centres will be set up across India, North America and the Middle East to cater to specific steel requirements of the auto, white goods and SME sectors. Essar intends to set up about 15-20 such centres with a cumulative capacity of 4.2 million tonnes per annum as against the present 2.5 MTPA. The Rs 1,000 crore proposed for the project would include the costs incurred on expansion of the company's existing service centres, Essar Steel Group CEO J Mehra said.
The proclamations came after various Hindu organisations in the US announced the addition of another major festival, an entire month of festivals, in October as the Hindu Heritage Month.
