Mahindra & Mahindra Ltd. (MM), India’s biggest sport-utility vehicle manufacturer, is interested in buying at least parts of bankrupt Swedish carmaker Saab Automobile, two people familiar with the situation said. Share...
Air India to get 1st South Carolina 787
Boeing Co.’s newly completed 787 delivery center in North Charleston has booked its first guest: Air India is scheduled to pick up the first South Carolina-assembled 787 Dreamliner in the spring, the plane maker confirmed Thursday. Published reports for months have named the South Asian...
Mahindra’s prospects dim in the U.S.
Indian maker Mahindra & Mahindra issued a statement to reject a report that it might build its trucks in Alabama with the help of truck maker Navistar, the Detroit Bureau reports. Share...
Vikram Chatwal, Living the Dream
Vikram Chatwal is truly at home in the world. The founder and visionary behind Vikram Chatwal Hotels - which include the Dream, Time, Night, and Stay brands – might wake up in New York, where he owns five upscale properties, including the new Dream Downtown. Or he could find himself...
Immigrant Entrepreneurs Cofound Nearly Half of Top...
The National Foundation for American Policy (NFAP) today announced the results of a study on the role immigrants play in the founding of the top 50 venture-funded companies in the United States. It found that, at the executive level, immigrants are creating jobs, not stealing them. Share...
Call-centre Bill, targets India job market
A bipartisan Bill has been tabled in the US House of Representatives to make companies that move call centres overseas ineligible for grants or guaranteed loans from the federal government, a move aimed at stemming the tide of jobs heading to nations like India. Share...
IBM Continues India Expansion with Visakhapatnam
IBM (NYSE: IBM) today announced the opening of a branch office in Visakhapatnam, South East India as part of the company’s continued geographic expansion initiative to increase its presence in key growth markets. Share...
Mahindra to Build Pickup Trucks in Alabama
Mahindra has been working to bring its diesel-powered compact pickup to the United States for several years, hoping to build on its successful tractor and farm equipment business here. A 2006 agreement with Nevada importer Global Vehicles got as far as certifying the truck with the...
Manish Chandra launches Poshmark
Poshmark is the latest venture for Manish Chandra, of Fremont, the founder and former CEO of the Kaboodle social shopping website. Share...