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Biotech industrialist Kiran Mazumdar-Shaw becomes Vice-Chair at USIBC

Milind Pant and Nasdaq executive Edward Knight are the other two selected Vice-Chairs of US India Business Council. US India Business Council (USIBC) on Thursday named Kiran Mazumdar-Shaw, Chairperson and Managing Director of Bengaluru, India-headquartered Biocon, and a familiar figure...

Amazon India enters the education sector with Amazon Academy

Amazon Academy will offer 15,000 handpicked questions with hints, detailed solutions, live mock tests, and personalized performance reports.  On Wednesday, Amazon India announced the launch of Amazon Academy, which will take on established educational technology (edtech) companies such as Byju’s,...

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Bengaluru is home to Tesla’s first India office

The American electric vehicle manufacturer has been in dialogue with the Indian government, which hopes Elon Musk's company will assemble and manufacture its products in India. True to earlier, tentative talk, Tesla has finally opened its account in India. The...

Large tech companies freeze political contribution

Microsoft, Facebook, Google, JP Morgan, and Citibank have announced a complete freeze on the political funding, while several other large companies have suspended political donations to Republican congresspersons after last week's Capitol attack. Microsoft, Google, Facebook, JP Morgan, and Citibank...

TCS acquires Postbank; Cube Infra buys Delhi-Agra highway

TCS acquires Postbank Systems from Deutsche Bank AG Tata Consultancy Services (TCS) said on Friday it has completed the acquisition of 100 per cent shares of Postbank Systems (PBS) from Deutsche Bank AG. PBS is an IT service company that...

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India starts to export moringa (drumstick) powder to US

The first shipment of exported drumstick (Moringa Oleifera) powder left India for the United States on December 29.  India exported 20 tonnes (metric tons) of organic certified moringa powder as a nutritional supplement through an air consignment to the United...