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Microsoft CEO Satya Nadella Gets $84 Million Pay Package

Microsoft CEO Satya Nadella Gets $84 Million Pay Package

SEATTLE – Microsoft has given its new CEO Satya Nadella a pay package worth $84.3 million, most of it in the form of long-term stock awards.
A regulatory document filed on Monday shows Nadella got a salary for the fiscal year that ended June 30 of $918,917 and a $3.6 million bonus. He also was given [...]

October 25th, 2014 | Posted in Business | Read More »

Doing Business In India To Get Easy, Registration In Just A Day

Doing Business In India To Get Easy, Registration In Just A Day

NEW DELHI – In order to make India a better place to do business, the government is working to cut down the time for registering a business from 27 days to a single day. Towards this end, it has readied a raft of measures, such as, single registration for all labour laws, overhaul of tax [...]

October 25th, 2014 | Posted in Business | Read More »

Six Indo-American-Led Firms Among 100 Fastest-Growing Biz In U.S.: Fortune

Six Indo-American-Led Firms Among 100 Fastest-Growing Biz In U.S.: Fortune

NEW YORK – Six firms founded and headed by Indo-Americans are among the 100 fastest-growing businesses located in American cities, says a list by Fortune and The Initiative for a Competitive Inner City (ICIC).
The ICIC, founded by Harvard Business School professor Michael Porter in 1994, identifies, ranks, and spotlights annually the 100 fastest-growing businesses located [...]

October 25th, 2014 | Posted in Business | Read More »

Google Launches New Email Service Dubbed ‘Inbox’

Google Launches New Email Service Dubbed ‘Inbox’

SAN FRANCISCO – Google said it was sending out invitations to selected Gmail users to try out the new service. Users can also email the company at inbox@google.com to get an invitation.
Google Inc launched an email service called ‘Inbox’ on Wednesday that will better organize emails and display information such as appointments, flight bookings and [...]

October 25th, 2014 | Posted in Business | Read More »

Flipkart Claims Billion Hits, Buyers Feel Cheated On Discounts

Flipkart Claims Billion Hits, Buyers Feel Cheated On Discounts

BANGALORE – India’s largest e-retailer Flipkart claimed to have got a billion hits for its special sales offer, but millions of buyers felt cheated on its discounts, as they alleged the prices quoted were higher, even as its portal crashed during the day.
“The prices printed in its advertisements in leading newspapers on many electronic products [...]

October 12th, 2014 | Posted in Business | Read More »

India To Top Global Remittances With $71 Billion This Year

India To Top Global Remittances With $71 Billion This Year

NEW DELHI – India will retain its top spot with $71 billion in remittances this year as remittances to developing countries are expected to reach $435 billion, an increase of five per cent over 2013, the World Bank has said.
In its latest issue of the Migration and Development Brief, the World Bank said on Monday [...]

October 12th, 2014 | Posted in Business | Read More »

India’s Business Confidence Up Sharply Under New Government

India’s Business Confidence Up Sharply Under New Government

NEW DELHI – India Inc has shown uptick in business confidence post the formation of Narendra Modi-led government with key industry surveys showing marked improvement in investor perception during the July-September quarter.
While the survey by industry body Ficci showed business confidence at a 15-quarter high, the CII poll indicated a sharp improvement in business confidence.
The [...]

October 12th, 2014 | Posted in Business | Read More »

Tatas Tie Up With US Aerospace Powerhouse Honeywell To Make Defence Navigators In India

Tatas Tie Up With US Aerospace Powerhouse Honeywell To Make Defence Navigators In India

NEW DELHI – Honeywell India announced that Honeywell Aerospace has signed a deal with Tata Power Strategic Engineering Division (SED) to manufacture the U.S company’s “TALIN” navigator in India.
“Honeywell Aerospace has signed a licensing agreement with Tata Power’s Strategic Engineering Division (SED), enabling it to produce Honeywell’s Tactical Advanced Land Inertial Navigator, or ‘TALIN’ in [...]

October 4th, 2014 | Posted in Business | Read More »

India’s Software Technology Exports Rising 8 To 10% Annually

India’s Software Technology Exports Rising 8 To 10% Annually

NEW DELHI – India’s exports from the Software Technology Parks (STP) across India are rising at a pace of 8 to 10% annually and would further increase in the upcoming years as the industry spreads across the country, a senior sector official said.
“There are huge software technology markets across the world and India’s export prospect [...]

October 4th, 2014 | Posted in Business | Read More »

Reliance Capital To Launch More India Funds Abroad

Reliance Capital To Launch More India Funds Abroad

NEW YORK -  Anil Ambani-led Reliance Group’s financial services arm Reliance Capital Asset Management Company (RCAM) said it will consider launching more India-focused funds in foreign markets.
The announcement was made by RCAM chief executive Sundeep Sikka, who is here to participate in the India Investment Forum held on the occasion of Prime Minister Narendra Modi’s [...]

October 4th, 2014 | Posted in Business | Read More »