In one of the biggest deals in the outsourced product development (OPD) market, audio and infotainment systems maker Harman International Industries will buy Indian-born serial entrepreneur Romesh Wadhwani's Symphony Teleca for $780 million (about Rs 4,800 crore at Friday's exchange rate of 61.4).
The net worth of the richest Americans grew by 13% in the past year to $ 1.7 trillion.
The India Chair at the Center for Strategic and International Studies -- a leading Washington, DC think tank -- will be occupied by Karl F Inderfurth, erstwhile Assistant Secretary of State for South Asian Affairs in the Clinton Administration.
Festive sales are expected to surge 27 per cent to cross Rs 120,000 crore in 2025, driving Amazon and Flipkart to expand warehousing capacity by millions of cubic feet and extend delivery networks to thousands of new pin codes -- an infrastructure buildout that could reshape India's retail landscape for years.
Romesh Wadhwani, founder of the Symphony Technology Group and the Wadhwani Foundation, which promotes the National Entrepreneurship Network, says our best scientists and researchers do not do their research in India because of the many obstacles they face; from the lack of focus on research to lack of equipment and supplies.
More companies can now get the visa rather than very few taking a lion's share.
The seven Indian-Americans are cybersecurity firm ZScaler CEO Jay Chaudhry, founder and chairman of Symphony Technology Group Romesh Wadhwani, cofounder and CEO of online home goods retailer Wayfair Niraj Shah, Silicon Valley venture capital firm Khosla Ventures founder Vinod Khosla, managing partner of Sherpalo Ventures Kavitark Ram Shriram, Airline veteran Rakesh Gangwal and Workday CEO and co-founder Aneel Bhusri.
Wadhwani joined the billion-dollar club in 1999, when he sold a venture for $9.3 bn to i2 Technologies.
As many as 11 people, including members from the influential Nilekani, Bajaj and Godrej families, were honoured for their outstanding contribution towards the good of the society at Forbes India Philanthropy Awards.
Five Indian-Americans have been named among the 400 richest people in the US by Forbes, a list topped by Microsoft co-founder Bill Gates for the 21st year in a row with a net worth of $81 billion.
India on Tuesday said cooperation in peaceful uses of nuclear technology is an important pillar of the multifaceted cooperation with Russia, which offered help in building small tropical nuclear power stations.
'In the time I have been an Indiawallah, I have seen three US Presidential visits to India, nuclear sanctions, nuclear cooperation, a border conflict with Pakistan, the growth of IT services, a government losing a confidence vote, and so much more,' Rick Rossow, the new Wadhwani Chair in US-India Policy Studies tells Rediff.com's Aziz Haniffa.
Narendra Modi's success at the BRICS summit is the best Diwali gift for India's diplomacy and marks her ascendancy to global leadership, says Tarun Vijay.
Premji is ranked 13th on Forbes' first ever list of '100 Richest People In Tech', followed by Nadar on the 14th spot.
Microsoft founder Bill Gates with an estimated fortune of $78 billion heads the list
He is meeting stalwarts such as Google's Eric E Schmidt, Carlyle's David M Rubenstein, Cargill's David W MacLennan, MasterCard's Ajay Banga, and Pepsico's Indra Nooyi.
In an interaction with rediff.com, various TiE members expressed hopes of revival in the Indian economy after the formation of the new government.
The dinner Jill Biden and her husband US President Joe Biden hosted for Indian prime minister Narendra Modi, June 22, at the White House brought together, Indians and Americans from so many firmaments.
Ajit Mishra, vice president, research, Religare Broking, answers your queries.
"Funds received from alumni and companies are usually meant for specific projects. These funds pour in between October and December every year. Current projects will not be affected despite the economic slowdown, but new projects might take a hit," said T K Ghosal, deputy registrar (finance), the Indian Institute of Technology-Kharagpur.
The one common theme across companies that have rewarded shareholders is consumption.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
In the '80s after Xerxes Desai, moved to Bengaluru and spent the initial days on building Titan from a factory in Hosur.
'The success or otherwise of Modi's foreign policy will largely depend on the equation he is likely to strike with Donald Trump.'
More than 10% (40 of 498 companies) have lost at least half their market value.
When 27-year-old Karthik Kamalakannan founded Skcript with his friend Swathi Kakarla in December 2013, little did he realise that it would become the Pied Piper of India one day.
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