No region of the United States has been more affected by this trend than Silicon Valley.
Indian start-ups raised issues, such as blockages in international wire transfers, disruptions due to threshold limits on withdrawals, lack of communication from US agencies, and the need for preferential access to credit, in a meeting with the government over the fallout of Silicon Valley Bank's collapse. Rajeev Chandrasekhar, minister of state for electronics and information technology, held a virtual meeting with over 450 members from start-ups, venture capitalists, and investors who have been directly affected by the closure of SVB. He assured them that the IT ministry would put together a list of suggestions and give it to the finance minister on behalf of start-ups.
'I wouldn't want Hrithik Roshan, his muscles are too big. Aamir Khan would make the part too serious. And \n\ncertainly not Aishwarya Rai.' Novelist Hari Kunzru on Bollywood and his latest book.
'It was a harrowing experience to witness the level people stoop to in an election campaign. The Indian election process needs a total revamp if it wants honourable people to enter politics.'
'We are calling for democratic accountability even as we talk about Digital India.' 'We are not against Digital India and it is important for India, but the government should not see what is applicable just to entrepreneurs but also to the vast majority of Indians who do not have the kind of advantages that many Silicon Valley entrepreneurs have.'
Former Karnataka Chief Minister S M Krishna passed away at his residence in Bengaluru early Tuesday morning, his family said.
Prime Minister Narendra Modi will address the India-US Startup Konnect and share his vision on 'Start up India, Stand up India' as part of his US visit later this month.
'To set up a successful business, one must have a solution to an existing problem or a better way of addressing the current solution.'
IT services giant Infosys will start construction of a proposed software development centre in the metropolis by July 2021, West Bengal Chief Minister Mamata Banerjee said on Tuesday. The project will generate massive employment in the IT sector, she said after a cabinet meeting at the state secretariat.
'This trend will continue as long as the bull run continues.'
Analysts say domestic banks' dependence on local depositors insulates them from the crisis.
Former US President Bill Clinton expresses his doubts about the realization of Mahatma Gandhi's dream for India in his new book, 'Citizen: My Life After the White House'. Reflecting on his experience in the aftermath of the devastating 2001 Gujarat earthquake, Clinton recounts his encounters with the suffering and resilience of the people, questioning the extent to which India has achieved Gandhi's vision of a peaceful haven for all. The book also highlights the establishment of the American India Foundation (AIF), which Clinton helped found to support relief efforts in Gujarat. Clinton's observations on India's internal divisions, particularly between Hindus and Muslims, offer a thought-provoking perspective on the country's progress towards Gandhi's ideals.
It is altogether a new experience for the IT professionals in the city taking tractor rides.
Fintech and venture capital firms such as Recur Club, Razorpay and Trifecta Capital have come to the aid of homegrown start-ups caught in the crossfire of the Silicon Valley Bank fiasco. Alternative funding platform Recur Club said it was allocating $15 million to all Indian founders affected by the crisis. It will not charge any platform fee for the same.
'If you are watching cricket and don't want to leave the screen, you could check the menu and order through Zomato (or any other app) from a small part of your screen. That is what we are working towards.'
Sources within the Congress, including those who have been members of the teams that drafted its 2019 and 2024 Lok Sabha poll manifestos, said the Karnataka government decision lacked any empirical basis.
Apple Inc said it had hired over 11,000 women globally in the past year - 65 per cent more than the previous year - to boost employee diversity.
India's tech start-ups are following Silicon Valley's lead and embracing the "fail fast" culture.
"Modi ji! Is this our Indian culture? Is this what has been taught in Vedas, Mahabharat, Ramayana and Bhagavad Gita? I am asking BJP national president Nadda ji. Is it our culture?" he asked, referring to Sarma's comments.
"This is not what my grandfather sacrificed years in jail for," Ro Khanna said.
'Some of these companies are India focused, some are overseas focused and some companies are focused on both.' Ritu Jha/Rediff.com reports from California.
Tata Trusts is one of India's oldest, non-sectarian philanthropic organisations involved in areas of community development.
Silicon Valley techies and investors who were at Prime Minister Narendra Modi's Digital India dinner analyse the parlay for Ritu Jha.
An 18,500 strong desi American crowd awaits Prime Minister Narendra Modi's address at the San Jose stadium in California.
An 18,500 strong desi American crowd awaits Prime Minister Narendra Modi's address at the San Jose stadium in California.
Unfortunately, the best man does not always win, but I feel enriched by the experience of the campaign and getting to know Rajeev Chandrasekhar, says Ambassador T P Sreenivasan.
Backed by top IT companies of the Silicon Valley, Indian-American Rohit "Ro" Khanna hopes to get second-time lucky in his effort to enter the US House of Representatives against Democratic Party's sitting lawmaker.
Let's take a look at some of the biggest technology hubs in the world.
'Modi is the only chance we have in creating an Indian dream like we have the American Dream out here,' one ohe judges for the 'Code for India' hackathon in California tells Ritu Jha/Rediff.com
If a bank shuts down, every account holder it has will get back their money for a maximum limit of Rs 5 lakh. It was Rs 1 lakh before.
India's Silicon Valley, Bengaluru, which has a high population of expatriates driven by the information technology sector, is getting more reasonable on cost of living
The US of late has seen a rise in Hinduphobia which needs to be fought because there is no place for hatred in this country, Indian-American Congressman Shri Thanedar has said, as he joined a group of Hindu leaders and organisations seeking to fight this growing hate crime against the community.
The broader economy risks a potential flight of foreign portfolio capital, therefore pressure on the rupee and more bad news on the stock market, warns T N Ninan.
There is no shortage of books on the Microsoft founder, but this latest one is different in that it paints Mr Gates in shades of grey, leaving it to readers to make their own judgement about the man
