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Indian, Chinese Middle Class New Engine of Global Growth: ADB
Type: Business
Date Submitted: Thu Aug 26, 2010
Story: NEW DELHI - Asia’s middle class population, led by China and India, will replace the role of the US and Europe as engines of growth for the world economy, said the Asian Development Bank (ADB) h ...more


Analyst Predicts Another US Market Crash In September
Type: Business
Date Submitted: Thu Aug 26, 2010
Story: NEW DELHI - Storm clouds are gathering over the US market with a renowned American analyst betting on a huge crash in September. The crash prediction was made after ‘Hindenburg Omen’&md ...more


Billionaire Soros Buys 4% In BSE for $35 Million
Type: Business
Date Submitted: Thu Aug 26, 2010
Story: MUMBAI - Billionaire investor George Soros has picked up a 4 per cent stake in the Asia’s oldest bourse Bombay Stock Exchange (BSE) for about $35 million. Soros’ Quantum hedge fund boug ...more


OC Uncovered: Travel Plus – Proven Track Record Over 17 Years
Type: Business
Date Submitted: Thu Aug 26, 2010
Story: BY A.MATTHEWS ANAHEIM, CA - Travel Plus was launched in 1994 by Waseem Qaiser with very limited resources. Seventeen years on, it has grown its services and client base to be ranked among the leadi ...more


TVS Launches 1st Keyboard With Indian Rupee Symbol
Type: Business
Date Submitted: Thu Aug 26, 2010
Story: BANGALORE -  TVS Electronics has launched a new keyboard, the TVS Gold Bharat Keyboard, with the new Indian Rupee symbol on it. TVS-E has now become the first and only Indian company to incorporate th ...more


Hussey De La Rue Chief Quits to Save Contract With RBI: Report
Type: Business
Date Submitted: Thu Aug 26, 2010
Story: LONDON - James Hussey, chief executive of world’s largest banknote printer De La Rue, has resigned in a last-ditch attempt to save a contract with Reserve Bank of India, media reported on Aug 13 ...more


Global Firms to Clean Up Future Oil Spills in India
Type: Business
Date Submitted: Thu Aug 26, 2010
Story: NEW DELHI - After reviewing India’s preparedness to handle oil spills, the Ministry of Shipping has decided to outsource all future clean-up operations to global agencies with expertise in the a ...more


Not Many Takers For H1B Visas
Type: Business
Date Submitted: Thu Aug 26, 2010
Story: WASHINGTON, D.C. - Applications for H-1B work visas, once most sought-after among Indian IT professionals, have not even reached the 50 per cent mark of the Congressional-mandated quota of 65,000, US ...more


Despite Protest From India, Steep Hike in Visa Fees Comes Into Effect
Type: Business
Date Submitted: Thu Aug 26, 2010
Story: WASHINGTON, D.C. - The steep hike in H-1B and L1 visa fees, which would cost Indian IT firms an additional $ 250 million annually, came into effect from August 14, the US said Aug 20. The US move c ...more


No Linkage Between Bhopal And Investment Ties With India: US
Type: Business
Date Submitted: Thu Aug 26, 2010
Story: WASHINGTON, D.C. - The US has dismissed as “incorrect” reports that it is linking India’s efforts to seek more compensation from the Union Carbide in the Bhopal gas tragedy with the ...more


Install Server or Close Messenger: India to Blackberry
Type: Business
Date Submitted: Thu Aug 26, 2010
Story: NEW DELHI - Toughening its stand, Indian Government has conveyed to the BlackBerry makers to install its server in the country for tracking its messenger and enterprise mail service as the offer made ...more


Jet Airways First Indian Airline to Have Over 50,000 Fans on Facebook
Type: Business
Date Submitted: Thu Aug 26, 2010
Story: MUMBAI -  Jet Airways, India’s premier international airline, has become the country’s first, and amongst the top five carriers in Asia, to add over 50,000 fans on Facebook, one of the wor ...more


Google, Apple, Microsoft Among Most Discussed Tech Brands in India
Type: Business
Date Submitted: Thu Aug 26, 2010
Story: NEW DELHI - Internet search titan Google, technology giant Apple and software firm Microsoft are among the most discussed technology brands in India, dominating most of the online conversations, a lat ...more


US Firm Plans to Sell ‘Bhang’ Chocolates, Seeks Trademark
Type: Business
Date Submitted: Thu Aug 26, 2010
Story: NEW DELHI - Chocolates as such are considered intoxicating for many, and an American entrepreneur now wants to give it a new high by lacing the bitter-sweet dessert with very much an Indian intoxicant ...more


Eco-Friendly Silk Sarees To Be Launched in Kerala
Type: Business
Date Submitted: Thu Aug 26, 2010
Story: THIRUVANANTHAPURAM -In a novel venture aimed at reviving the dying handloom sector in Kerala, the government here is set to launch a new brand of ‘eco-friendly’ silk sarees in the market. ...more


Now Click And Pick Designs For Your Home
Type: Business
Date Submitted: Thu Aug 26, 2010
Story: NEW DELHI - House designing is now going the electronic way and consumers can get a design for their homes at the click of the mouse. Purchase and sale of homes over internet is already an establis ...more


US Locomotive Major EMD to Set Up R&D Shop at Lucknow
Type: Business
Date Submitted: Thu Aug 26, 2010
Story: CHICAGO - US-based locomotive giant Electro Motive Diesel, currently collaborating with Indian Railways in manufacturing high horse power diesel locomotives, will soon make operational a full-fledged ...more


Seven Facts to Understand Alternative Minimum Tax
Type: Business
Date Submitted: Thu Aug 26, 2010
Story: The Alternative Minimum Tax (AMT) attempts to ensure that anyone who benefits from certain tax advantages pays at least a minimum amount of tax. Here are seven facts the Internal Revenue Service w ...more


Indian Jewelry Merchants in US Impacted Severely by Downturn
Type: Business
Date Submitted: Thu Aug 26, 2010
Story: CHICAGO - As the gold prices hit an all time high of $1,250 an ounce, the boom time for Indian jewelry merchants in the American high streets seems to be over, with traders complaining of a severe dow ...more


PEOPLE: Indian Business Tycoon Eyes Beckham
Type: Business
Date Submitted: Thu Aug 26, 2010
Story: LONDON - Indian business tycoon Ahsan Ali Syed wants to take star footballer David Beckham if he completes his proposed takeover of English Premier League club Blackburn Rovers. Bahrain-based Syed ...more


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