With the Nifty50 just about 3 per cent away from its all-time closing high of 18,812 points, analysts at BofA Securities suggest investors book profit. Their reasons for the advice include risks like the possibility of a cut in corporate earnings growth forecasts, high valuation (one-year forward P/E of 19.5x), interest rates staying elevated for longer-than-expected and credit tightening. Going ahead, they expect the Nifty50 index to drop to 16,000 levels - down nearly 12 per cent from the current level of 18,255 points, which they believe would be a good time to buy.
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.
"This is something to be proud of," said Raj Panjabi, who is currently serving as Senior Director for Global Health Security and Biodefence on the White House National Security Council.
Gandhi said the govt "tried everything to stop" his 'Bharat Jodo Yatra', but nothing was working against the "effect" of the foot march.
India's tech start-ups are following Silicon Valley's lead and embracing the "fail fast" culture.
India's economy continues to be robust, but downside risks such as rising crude oil prices, adverse weather conditions, and the global banking crisis outweigh the upside potential in gross domestic product (GDP) growth in the current financial year (FY24), the finance ministry said on Tuesday in its Monthly Economic Review for March. "We reiterate that downside risks to our official forecast of 6.5 per cent for real GDP growth in FY24 dominate upside risks," the review said. "Opec's surprise production cut has seen oil prices rise in April, off their lows of low-seventies per barrel in March.
... And it's not just fear of job losses, says Ajit Balakrishnan.
The event is being organised jointly by the Indian Institute of Science Alumni Association of North America, Pan-IIT, India Community Center and TiE Silicon Valley.
Silicon Valley techies and investors who were at Prime Minister Narendra Modi's Digital India dinner analyse the parlay for Ritu Jha.
Tata Trusts is one of India's oldest, non-sectarian philanthropic organisations involved in areas of community development.
'To the believers of crypto regulations, I have only one question to ask, how will you regulate it?'
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.
'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.
Those close to Khanna, 46, say he is keeping his options open ahead of a potential presidential run in 2028 or beyond. But others in his orbit are talking about an even more compressed timeline: running in 2024 if President Joe Biden, 80, decided not to, according to Politico, a political newspaper company based in Arlington County in the US.
It is very important to visualize change. It's important to be unreasonable. To be reasonable is to accept the status quo. You must be unreasonable, you must have an agenda and vision, something that most people will not see or push, says the former Wipro vice chairman.
She was found guilty in January of duping investors and lying about the technology after a three-month trial.
No region of the United States has been more affected by this trend than Silicon Valley.
'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
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.
Students enrolled to Silicon Valley University, California, are in a state of panic after some of them were barred by Air India to board its flight.
'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.
The race for space has got real, and it is attracting funding like never before. In 2022 so far, funding to private players in the space sector has jumped a whopping 61.5 per cent - soaring to $108.52 million compared to $67.2 million in 2021. Propelling it is the government's decision to open up the space sector to private players and the work done by companies like Skyroot Aerospace, the Hyderabad-based start-up behind the launch of India's first privately developed rocket on November 18.
The US is planning to resume the process of domestic visa revalidation in certain categories, like H-1B and L1 visas, on a pilot basis later this year, a move that will benefit tens of thousands of foreign tech workers, particularly from India. Until 2004, certain categories of non-immigrant visas, particularly the H-1B, could be renewed or stamped inside the US. After that, for the renewal of these visas, in particular, those on H-1B, the foreign tech workers have to go out of the country, mostly to their own country to get the H-1B extension stamped on their passport.
A record five Indian-American lawmakers from the ruling Democrat Party, including Raja Krishnamoorthi, Ro Khanna, Pramila Jayapal and Ami Bera have been elected to the US House of Representatives, while several others were elected in state legislatures, in one of the most polarised midterm elections in the country.
He said it is natural for India to hold its 1st overseas start up event in the Silicon Valley.
As a venture partner, DVP said that Neemuchwala would be bringing deep technology expertise and invaluable experience of building businesses.
Let's take a look at some of the biggest technology hubs in the world.
Finance Minister Nirmala Sitharaman on Monday held a meeting with representatives of the semiconductor industry of the US and invited them to make further investments in India. The finance minister spoke about opportunities for companies situated in Silicon Valley and about the government of India's commitment to be a reliable player in the entire semiconductor value chain with dedicated incentive for the sector in mission mode through the Indian Semiconductor Mission. Last year, the government approved a Rs 76,000-crore scheme to boost semiconductor and display manufacturing in the country in a bid to position India as a global hub for hi-tech production, and attract large chip makers.
Businesses across the world consider efficient delivery of shipments to be a growth driver, and IoT-based start-up Roambee fills this need with real-time reports to businesses using tracking data.
'If because of El Nino, the monsoon is affected adversely in the current year, naturally it will affect income projections and consequently Budget numbers.'
'It will send a very strong signal that it is now our time to grow.'
