Home
News
Breaking News
Executive Profile
Blogs
Technology
South Asian Connection
Health & Medicine
Franchise & Hospitality
Focus: The Wedding Business
Guest Columns
Personnel File
Opinion
Editorial
Cartoon
Advanced Search
Archives
INDIA New England
Media Kit
To Advertise
Become a Partner
Letter to the Editor/Feedback
Submit a Story Idea
Send Press Release
Editorial
Production
Franchise Directory

BOSTON—Boston, the prominent monthly magazine that has been in publication for more than four decades and has been named among the three best city magazines in the nation seven times in the last eight years, has named two Indians among its list of The 50 Power Players.

Published in its May issue, included the magazine's prestigious list are: Niraj Shah, Chief Executive Officer and co-Chairman and co-founder of Wayfair, and Atul Gawande, professors of surgery at Harvard Medical School.

NEW DELHI— The Indian economy has turned the corner, says the latest India Development Update of the World Bank. Aided by a supportive external environment, in particular the sharp decline in oil and commodity prices, the Indian economy has taken strong strides towards higher growth and enhanced stability. Growth has accelerated, inflation has declined, the current account deficit has narrowed, and external reserves have increased.

CAMBRIDGE, MA—TiE-Boston has rebranded it annual flagship entrepreneurial conference as TiE StartupCon, which was previously known as TiECon East and has been recognized as the largest start-up conference on the East Coast.

In an exclusive video interview with INDIA New England News, Tie-Boston President Gaugarin Oliver talks about TiE-Boston, why the name of its flagship conference was changed and what should we expect at the TiE StartupCon on May 1 at Cambridge Marriott in Cambridge, MA. To watch the interview, click here.
CAMBRIDGE, MA—MIT India Conference on May 2 is bringing together prominent speakers to discuss leading business and socio-economic opportunities and challenges in one of the world's largest economies—India.

The conference will be held on Saturday, May 2, 2015 from 8:00 AM to 8:00 PM at MIT Media Lab, located at 75 Amherst St. in Cambridge, MA. On this occasion, INDIA New England News conducted an interview via email with Arita Sehgal, an MBA student at Massachusetts Institute of Technology and director of marketing for MIT India Conference. Here are unedited excerpts from the interview:
FM Jaitley Pitches for Low Taxes, Says No to Retrospective Tax
Promising a "modern tax system" with low and globally competitive rates, Finance Minister Arun Jaitley has assured foreign investors there will be no retrospective action and said taxpayers will be seen as "partners and not as potential hostages or victims."
 
Big Firms Can Now Produce 20 Items Reserved for Small Industries
Big companies can now produce bread, pickles and chutneys, wooden furniture, fireworks, glass bangles and other items that had been reserved for small businesses. In keeping with the various ease-of-doing business measures, the Government said the move will encourage greater investment to upgrade technology and standards toward enhancing competition.
Panel Formed to Simplify Business Startup Regulations
In furtherance of Finance Minister Arun Jaitley's Budget speech, the Government has established a committee to recommend a simpler mechanism to replace the myriad permissions needed to start a business. The committee will examine the possibility of replacing required permissions with regulations, identifying necessary safeguards and drafting proposed legislation.
 
India and U.S. Sign Memorandum of Cooperation
India and the U.S. signed a Memorandum of Cooperation that aims to foster cooperative work on key issues of mutual interest for all modes of transportation
MUMBAI, India--M/s SOLICIS LEX, represented by its Managing Partner, Advocate Ameet Mehta and M/s GONZALEZ OLIVIERI LLC, represented through Mr Raed Gonzalez agreed to exchange and work together in legal fields especially immigration laws, and the MoU was signed on 8th April, 2015.
CAMBRIDGE, MA— Prithviraj Chavan, a prominent leader of the Indian National Congress Party and a former chief minister of Maharashtra, is a rising star of his party. When he visited Boston recently to attend India Conference at Harvard University, he sat down with INDIA New England News and talked about the future of his party, which was completely decimated in state elections in Delhi and suffered a humiliating defeat in national elections last year.
WASHINGTON, D.C. — House Foreign Affairs Committee Chairman Ed Royce (R-CA) is leading a bipartisan congressional delegation to India from March 7 to March 10.

IndUS News Wire
Breaking News
The Indian Government has renamed the online visa program for travelers as "e-Tourist Visa." The Ministry of Home Affairs said that the program will be extended to more countries and airports in a phased manner.

Indian newspaper The Hindu reported that the Central Government has renamed the online visa scheme for travellers as •e-Tourist Visa' (eTV). The scheme was earlier called •Tourist Visa on Arrival-Electronic Travel Authorisation' (TVoA-ETA).

The Hindu quoted a statement from the Ministry of Home Affairs that that the extension of the scheme to more countries and airports will be in a phased manner, in order to avoid any confusion.

NEW YORK--The Rosen Law Firm, a global investor rights law firm, announced it is investigating potential securities claims on behalf of investors of Rolta India Limited's $200 million 10.75% Senior Notes due 2018 and and $300 million 8.875% Senior Notes due 2019  resulting from allegations that Rolta India may have issued materially misleading business information to the investing public.
 
On April 16, 2015, Glaucus Research Group published a report initiating coverage on Rolta India's Delaware-issued 2018 and 2019 Corporate Bonds with a "strong-sell" recommendation. The report asserts that Rolta India fabricated its reported capital expenditures to conceal that it materially overstated its EBITDA. 

NEW YORK, NY — Time Warner Cable Inc. (TWC) has added India to its growing list of international destinations included in its Unlimited Home Phone National calling plan. With this calling plan expansion, unlimited calls can be made to India at no additional charge and are treated the same as long-distance calls anywhere in the U.S., Canada, Puerto Rico, Guam, the U.S. Virgin Islands, Mexico, China and Hong Kong.

Noting that one third of all international calls from the U.S. are placed to India, Jeff Lindsay, GM for Home Phone at TWC, said this enhancement offers tremendous benefits and savings to anyone who calls India to stay connected to loved ones.

Latest Blogs

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.










Log In - About Us - Search - Archives

Copyright © 2015 IndUS Business Journal All rights reserved.  | Console Login