Us Companies

Unavailability of American tech workers forces Indian IT firms in US to hoard employees and subcontractors

There were as many as 1,15,000 jobs a month available for application software developers. However, there were fewer than 32,000 recruitments.

New FDI policy on e-commerce: Amazon, Flipkart among others seek extension of 1 February deadline

Tightening norms for e-commerce firms having foreign investment, the government recently barred online marketplaces like Flipkart and Amazon from selling products of companies where they hold stakes

SpiceJet considering entering into major business partnerships with two US companies, says CMD Ajay Singh

Refraining from naming the partner companies in the US, SpiceJet chairman and managing director Ajay Singh said it is looking at the technology sector

US-China trade war: How Beijing could hurt Washington once it runs out of American goods to penalise

China's heavily regulated economy gives authorities an arsenal of tools to disrupt US companies by withholding licenses or launching tax, or other investigations

General Electric loses spot in Dow Jones Industrial Average after more than a century, to be replaced by Walgreens

A decade and a half ago General Electric was the world’s most valuable public company. But it foundered in several key industrial markets in recent years

Menlo Park to help US companies establish operations in Kochi

The mayor of Menlo Park, a global technology and financial hub in the heart of US Silicon Valley, Monday evening said her city will play a lead role in bringing US companies to Kochi and developing infrastructure facilities in the city.

Obama's $4 tn budget: More taxes on the wealthy, govt spending raised

The president also wants to give a huge boost to spending on infrastructure, funded by a one-time tax on profits US companies have amassed overseas.

US IT industry opposes President Obama's move to tax overseas earning

IT industry and the Republican leadership has opposed US President Barack Obama's move to tax overseas earnings, saying that this is bad for global competition of US companies.

US cos need to invest in India's manufacturing sector, says Sibal

American companies show more interest in selling aircraft and defence equipment to India than in investing in its manufacturing sector which needs to be developed to reduce the country's import dependence in areas such as electronic goods, Telecom Minister Kapil Sibal said

US dreams over, IIT graduates turn to Japan instead

Following the US visa issue last year, American companies that do not have operations in India have not registered for placements at the country's tech schools