Business

Note Ban Breaks Backbone of Trafficking Industry

Demonetisation has brought the trafficking of women and girls for sex work—a Rs20 trillion industry—to a grinding halt, studies and rescue workers said.

To go Cashless, India Must Take Lessons From Africa

India should, like Africa, use the mobile money route to go cashless.

Diagnostic Firm of NRI Couple Grabbed in Aurangabad

An NRI scientist couple, living in the US, who had introduced advanced cancer diagnostic technology here, have allegedly been duped by six people who forged documents and transferred the shares of the couple's diagnostic firm into their name.

Demonetization in India: Who Will Pay The Price?

There are also questions over whether the “masterstroke” is masterful enough.

India's Economy Surpasses That of Great Britain

India’s economy will be larger than the UK’s, for the first time in more than 100 years.

India’s Demonetisation Drive Drags Down Nepal’s Economy

India‘s scrapping of high-value bank notes last month has dragged down economic growth in neighbouring Nepal with trade, remittances and tourist numbers all down.

A Huge Storm Has Messed up India's Internet

The impact of tropical cyclone Vardah disrupted Internet access across India.

Make in India, Finance in The UK

The UK wants to make London as India’s “destination of choice” for raising offshore finance, an Indian-origin British minister has said.

Brands in India Are Cashing on Pokemon Go

PS-based product offerings are now being made available to the Indian consumers.

Indus OS: India's Multi-lingual Operating System

Indus OS - a mobile phone operating system built in India - has become the country's second-most popular smartphone platform, surpassing Apple's iOS.

India’s Knitwear Capital is in Tatters, Courtesy Demonetisation

Demonetisation has disturbed the equilibrium of the textile industry in Tirupur, Tamil Nadu, as its 5 lakh daily wage workers are paid in cash daily

Diamond Sales Are Down, And it's India's Fault

The global diamond trade is slowing, and the world's top supplier is blaming India's crackdown on illicit cash.

Easier UK Business Visa Hope

Theresa May is promising to make it easier for Indian businessmen to visit the UK, it was announced yesterday.

Middle Eastern Startup is Getting Big In India

PayTabs' second biggest market is India and has made several Indian acquisitions, setting up an office here and has more local acquisitions lined up too.

China And India Set to Drive a 10-year Global Arms Race

There is now a risk of an arms race as Asia Pacific nations increase their military spending as they move their focus from territorial defense to power projection

India May Leapfrog Europe, Japan in Diamond Sales

Russia to benefit from India's jump to the thirds spot as the burgeoning middle class, rising incomes, and love for jewelry favor continued growth of the diamond industry.

Won't Allow H-1B Visa Hires to Replace US Workers: Trump

Trump's hardline posturing on outsourcing can prove worrisome to Indian technology companies.

Ratan Tata Hailed as Saviour of UK Steel Industry

The company made the pledge last week as part of a plan that will keep the Port Talbot site in south Wales open until at least 2021.

Trump Vows to Enforce Visa Restrictions

US President-elect Donald Trump has vowed to end the practice of laid-off American workers being made to train foreigners brought over to replace them, a move which could impact Indian technology workers and outsourcing companies.

Vijay Mallya: India Tycoon Assets Published in Twitter Hack

A Twitter account belonging to controversial Indian tycoon Vijay Mallya has been hacked by a group which published what appeared to be details of his assets, accounts and passwords.

Indian Health Care Providers Eye Africa to Boost Business

Health care seen among fastest-growing categories in Africa; market is pegged to reach $49 billion by 2025

Startup Inc Split Over Call For Protectionist' Policies

US-based Amazon and Uber kept a conspicuous silence after the poster boys of Indian Internet entrepreneurship — Flipkart Chairmanl and Ola CEOl — joined forces to make a strong pitch for policies that will favour homegrown companies.

Indian App Firms Cash in on Modi's Rupee Note Switch

Indians are slowly adjusting to life after Prime Minister Narendra Modi's surprise decision to ban almost 90% of the bank notes in circulation.

NRIs Have Advantage in India's Luxury Property Market

NRIs have an advantage in luxury property market in India post-demonetisation as real estate developers in major cities of the country have 'significantly' dropped property rates.

U.K. Must Remain India’s Gateway to EU

The U.K. must maintain “free and unfettered access” to the European market to ensure it continues to be a gateway for Indian businesses to the EU

The Real Inside Story of The Ratan Tata - Cyrus Mistry Breakup

Corporate India’s most dramaticbattle in recent history was framed by top level disputes from issues as diverse as the proper way for Tatas to do poll funding to whether Tatas should tie up with an American fast food chain.

Bitcoin Traders Are Having a Merry Time in India

Demonetisation effect: Why cryptocurrency is gaining currency in cashless times.

US Lawmakers Concerned Over Curb on Christian Charity in India

Top American lawmakers today expressed concern over the alleged curbs imposed by India on a Christian charity organisation whose representatives appeared before a Congressional hearing seeking.

Indian Origin UK MP Calls on India to End Demonetisation Stress For NRIs

Virendra Sharma, one of Britain's senior-most Indian-origin MP, has called on the Indian government to end the uncertainty surrounding demonetisation of Rs 500 and Rs 1,000 notes for NRIs and PIOs.

Indian Property Needs a Heavy Dose of Expat Buying

Demonetisation move sets back sales as domestic buyers stick to the sidelines.

Demonetisation a Huge Cause of Concern For NRIs, PIOs

GOPIO has requested the government to grant an extension of the cut-off date by six months as many of them cannot return to India by December end.

Community Newspaper India Abroad in US Sold by Rediff

India Abroad has been sold by Rediff.com to a US-based Indian-owned cloud computing company following a sharp drop in the weekly's circulation and revenue.

US Plans To Make F16s In India

the Obama administration and the U.S. defense industry are working on a deal with the Indian government to build iconic U.S. combat aircraft in India.

Modi's Cashless Economy Still a Fantasy For Indians

After first selling India’s cash ban as a strike against corruption, Prime Minister Narendra Modi has since pushed a tantalizing side benefit.

5 Global Giants Want Indian SMEs To Become Bigger

An optimistic change has been observed in the last five years with giants like Google and Facebook encouraging SMEs worldwide.

IIT Bombay Girl Gets Top Offer From Uber, to Work in US

Laddha was offered the job by Uber International which made the highest offer to students across some of the IITs during this year's placements

India Takes Pride of Place, crosses $300 Billion FDI Milestone

India crossed the $300 billion foreign direct investment (FDI) milestone between April 2000 and September 2016, firmly establishing its credentials as a safe investment destination in the world.

Indian National Pleads Guilty to Visa Fraud in US

An Indian businessman in the US has pleaded guilty to committing a visa fraud by enrolling foreign nationals at a college and illegally obtaining full-time work authorisations for them without attending classes.

17 Companies Barred From Applying For H-1B Visas

Even before Trump came to power there have been several bills introduced in the US seeking bar on Indian and US IT companies from hiring professionals on H-1B and L1 visas.

India, UK Set Up Trade Working Group

Indian Prime Minister Narendra Modi said that he had agreed with British counterpart Theresa May to set up a joint working group on trade, adding that its focus should not only be on goods but also services.

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