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...
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...
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...
India trip reaps $60M in investments for Maryland
ANNAPOLIS — Maryland officials’ recent six-day trade mission to India netted the state nearly $60 million in investment from foreign businesses, Gov. Martin O’Malley said Monday. Share...
India Suspends Plan to Let In Foreign Retailers
Facing a harsh political backlash that has paralyzed the Indian Parliament, the governing Congress party buckled Wednesday, announcing it would suspend plans to allow major foreign retailers like Wal-Mart or Ikea to open stores in India. Share this:ShareEmail
US third largest foreign direct investor in India
US Consul General in Chennai Jennifer McIntyre today said through a US-India initiative called “ Economic and Financial Partnership” the US Government was working with India to develop financial instruments and public private partnership models to promote significant private...
Poor Get A Stake In India’s Booming Economy
Even a tiny plot of land in India can be a ticket out of poverty. That’s because many government programs and benefits are tied to land ownership. One non-governmental organization is running a program to help the rural poor obtain the title to the land they till. Share...
Are The Indians Stupid To Burn Wal-Mart?
As usual, the Indians ignorant about globalization, are groping in a mess of disinformation and going berserk about Wal-Mart, which unfortunately has come to symbolize Multinational Retail Chains. I don’t mean the proud ‘American’ Indians who might have sent Columbus back had he...