On January 26, 2019, Cisco’s chairman emeritus John Chambers was awarded one of the most prestigious civilian honors of the country – the Padma Bhushan – in recognition of his contributions and support to India-U.S. trade relations. The Padma awards are awarded in various disciplines or fields of activities: social...
India Crosses 500 Million Internet Connections
By the end of September 2018, India recorded 56o million internet users marking 65% growth from 340 million connections in March 2016. According to a report from the Telecom Regulatory Authority of India 64% of the internet connections are from urban areas while 36% are from its rural regions. India's...
Indian Professionals Favor American Employers, Overwhelmingly
Multinational organizations, especially American ones, continue to dominate the list of technology companies that are the best workplaces as rated by the Indian employees on the job-site Indeed. Adobe Inc. has emerged as the best technology company to work for in India, followed by computer gaming company NVIDIA and Microsoft...
Warburg and Blackstone Bullish on Real Estate in India
New York City-based private equity firm Warburg Pincus is negotiating a deal with Mumbai developer Runwal Group to invest $1 billion in real estate projects. Warburg and Runwal may each make an equity contribution of $250 million to the investment platform while the rest will be raised through leveraging. The...
Corporate America Bets on India
John Chambers, executive chairman, Cisco, and chairman, U.S.-India Strategic Partnership Forum says, "While India has long been an important global market, never before has it attracted so much enthusiasm from the American business community." Chambers attributes India's economic transformation, from "slow follower to fast innovator in a matter of several...
U.S., India, Form a New Strategic Partnership
On August 1, a powerful strategic partnership between the U.S. and India was officially launched in New Delhi by India's Finance and Defense Minister Arun Jaitley . The U.S.-India Strategic Partnership Forum (USISPF), a nonprofit corporation, will focus on stimulating business relations between the U.S. and India, and enhance the...