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President Barack Obama made history this week and nominated Indian-American Richard Rahul Verma as US Ambassador to India. If approved by the Congress, Verma will become the first Indian-American to serve as US Ambassador to India. The appointment of Mr. Verma, a former State Department official, comes ahead of an important visit by new Indian Prime Minister Narendra Modi on Sept. 29-30.

If Mr. Verma is confirmed by the US Congress, he will replace Ambassador Nancy Powell, who resigned earlier this year after a row over the treatment of India's Deputy Counsel General in New York, Devyani Khobragade.

Khobragade was accused by US authorities of visa fraud and underpaying a domestic worker. She was arrested last year and sent back to India. The U.S. Embassy in New Delhi is currently headed by a charge d' Affairs, Kathleen Stephens.

BOSTON--Ameeta Soni has joined Chief Outsiders, LLC, one of the nation's leading strategic marketing firms comprised solely of C-level marketing executives focused on addressing the growth challenges of mid-sized companies. Based in Boston, Soni will work with CEOs in New England and throughout the U.S. to address their business issues and take their companies to the next level of business performance.
WASHINGTON, DC--As India's Prime Minister Narendra Modi readies for his first encounter with President Barack Obama next week, the Indian pharmaceutical industry, U.S. health care providers and life sciences companies, think tanks and policy experts, academic and research institutions, U.S. insurance companies and pension funds, NGOs and Trade Associations, have launched today a website for their Coalition for Affordable Care.
SILICON VALLEY, Calif— In 2014, 172,500 people applied for H1B visa. Out of those 51% were rejected through a lottery process. Another 1/4th of the applicants will be denied due to lack of documents or improper filings, according to USICS and National Foundation for American Policy. 
GURGAON, India---GoDaddy, the world's largest technology provider dedicated to small businesses, announced the completion of its second year of operations in India this week. The company has already exhibited phenomenal success in the market. Providing stellar customer care is at the core of GoDaddy's global strategy. 
CAMBRIDGE, MA -- The Future of Diplomacy Project at the Belfer Center for Science and International Affairs at Harvard Kennedy School has appointed Farah Pandith and Jairam Ramesh as fall 2014 Fisher Family Fellows.  Pandith will be in residence in September and will teach a series of study groups on shifting national security paradigms since 9/11 and the language and tools of extremism. 
BRAINTREE, MA--New England Office Supply (NEOS) has acquired Universal Gold, Inc., a premier supplier of janitorial, industrial, paper, rags, wipers, safety and packaging products located in East Providence, RI.
BOSTON—The Harvard Business School MBA Class of 2016 concluded their first day of classes on Monday by watching a live case discussion play out among five distinguished alumni, each recipients of the School's Alumni Achievement Award.
NEW YORK--The Indian American Community Foundation (IACF) is reporting an overwhelming demand for tickets to see India's Prime Minister Narendra Modi speak in New York on September 28th, 2014. Since the registration opened the website www.pmvisit.org has seen over 100 requests for tickets every hour. 

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WASHINGTON, DC — With scams, frauds, and cons as prevalent as ever, a new report authored by Global Witness, with support from the FACT (Financial Accountability and Corporate Transparency) Coalition and others, thrusts anonymous American companies into the spotlight and demonstrates how crooks and the corrupt use them to rip people off.

CAMBRIDGE, Mass--Concrete is the world's most-used construction material, and a leading contributor to global warming, producing as much as one-tenth of industry-generated greenhouse-gas emissions. Now a new study suggests a way in which those emissions could be reduced by more than half — and the result would be a stronger, more durable material.

Foreign Direct Investment into India more than doubled to $3.5 billion in July, according to data released by the Department of Industrial Policy and Promotion, up from the July 2013 total of $1.7 billion. During April-July of this year, the foreign inflows grew by 52 percent to $10.7 billion as compared to $7.1 billion in the same period last year.

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This roundtable was specifically designed to host the finals of the Rackspace Cloud – 1M/1M Startup Challenge.

In previous years we suggested purchasing Virginia Land Preservation Credits. A dollar of tax credit could be purchased for 75 or 80 cents, saving a significant amount of money on state taxes. In recent years, however, some of these credits were challenged. Some of the people who purchased them had to redo their tax returns. Now, 88 cents is one of the best prices available. You still have to pay short-term capital gains on what you save. As a result, we are not recommending them this year.

In December 2009, Tristina Elmes owed more money than she could pay in taxes and found herself in tax court. The IRS wanted to collect as much as they could as quickly as possible. During an IRS summons, Elmes chose to plead the Fifth Amendment because she didn't trust the IRS in its fishing expedition.

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