Business & Economics
Business & Economics
Business & Economics
Adani Group plans major cement acquisitions
The Adani Group is reportedly exploring acquisition of several cement companies. On Gautam Adani’s radar is Hyderabad-based Penna Cement, Gujarat-headquartered Saurashtra Cement, cement business of Jaiprakash Associates and ABG Shipyard owned Vadraj Cement, as per […]
Business & Economics
India’s retail inflation eases to 12-month low of 4.75%
Retail inflation eased to a one-year low of 4.75 per cent in May as prices of some kitchen items declined marginally, according to government data released on Wednesday, June 12. The Consumer Price Index (CPI) […]
Business & Economics
Sensex tanks 1,062 points amid poll jitters, across-the-board selloff
Mumbai (TIP)- Equity benchmark Sensex on Thursday, May 9, crashed over 1,000 points while the Nifty dived below the 22,000 level due to across-the-board selloff amid general election uncertainties. Besides, persistent foreign fund outflows and […]
Business & Economics
Indian Americans
Indian-origin entrepreneur Manish Tiwari conferred Freedom of the City of London Honor
LONDON (TIP): A British-Indian entrepreneur and founder of an ethnic minority-focused marketing agency has been conferred the Freedom of the City of London honor for his contributions to the financial hub of the UK capital. […]
Indian Americans
Indian American billionaire Vinod Khosla wants the world’s elite to skip Davos
SANTA CLARA, CA (TIP): Indian American billionaire Vinod Khosla wants the world’s elite to not go to the annual meeting of the World Economic Forum, and instead contribute that money to “a better cause.” The […]
Business & Economics
Indian American Baiju Bhatt is the latest billionaire
NEW YORK (TIP): Baiju Bhatt, the Indian American cofounder of the trading unicorn Robinhood, has become the latest Indian American billionaire thanks to the stunning growth of the financial services company in the past year. […]
Business & Economics
Business & Economics
11 Indian companies in top-500 globally by value
Mumbai (TIP): Total 11 private Indian firms have made it to the list of 500 most valuable companies across the world, and the country is ranked 10th on the chart, as per a report. The […]
Business & Economics
Indian American
Indian- Origin Indigo Global Corp Founder and Chairman announces high profile appointment
PHILADELPHIA (TIP): Ask Ajay Raju about Indigo Global, the all-purpose elite corporate strategy and solutions firm he founded, and you’ll learn perhaps more than you ever wanted to know about the mating habits of deep sea […]
Indian American
Indian-Origin Issa Brothers Win Bid to Buy UK Supermarket Chain
LONDON (TIP): Indian-origin billionaire brothers Mohsin and Zuber Issa are set to acquire a majority stake in the leading UK supermarket chain Asda from its US owner Walmart after a USD 8.8-billion deal was struck as […]
United States
Dow falls below 23,000 for first time in 14 months
NEW YORK(TIP): Stocks tumbled Wednesday, December19, as investors fretted over a growing list of concerns, including slowing economic growth, trade policy and the threat of a U.S. government shutdown. The Dow lost 464 points, or […]
India
United States
United States
India
India to be among 3 largest economies in coming years: Jaitley
NEW DELHI(TIP): Finance Minister Arun Jaitley said on Friday, November 2, India would become the world’s fifth largest economy in 2019 and among the top three in the coming years. Speaking at the ‘Support and […]
Featured
The Federal Reserve is Disserving the Country
The American economy under Trump has been very different from the economic cycles of the past several decades. It is growing within the inflation target of 2%. It has been incessantly creating employment, keeping the […]
United States
Automaker Ford plans layoffs blames Trump tariffs for $1 billion loss: report
NEW YORK(TIP): Ford’s reorganization could include upwards of 24,000 job cuts, NBC News reported Monday, Oct 8. The automaker has not provided hard figures on the number of employees it will let go, but its […]
Featured
Indian Americans
Indian- Origin Indra Nooyi Steps Down as PepsiCo CEO; Says “Lots Still Left in Me”
NEW YORK(TIP): Indian- origin PepsiCo’s Indra Nooyi, who steps down as its chief executive officer, October 1, after 12 years at the helm of the global beverage giant, said a “lot of fuel” is still […]
Featured
Where Goes the Rupee?
“There are several moderate but effective instruments available to the government to help the rupee find an equilibrium”, says the author. The travails of the rupee have dominated newspaper headlines over the last fortnight. Its […]
Featured
The Big Bank Theory: Mergers should not be Tools to hide NPA Mess
The government has opted for a convenient tactic to address the Rs 10 lakh plus crore mess in public sector banks (PSBs). Dena Bank — one of the worst performing PSBs — was forbidden by […]
India
In 41 trips to 52 countries in 4 years, PM Narendra Modi spent Rs 355 crore: RTI
NEW YORK(TIP): Of the 41 trips by Modi to 52 countries, the highest amount was spent on his nine-day tri-nation visit to France, Germany and Canada. In his 48 months as Prime Minister, Narendra Modi […]