JAIPUR, Rajasthan— Former President Bill Clinton visited the Akshaya Patra's in Jaipur Kitchen on July 16. The kitchen, which is part of Akshaya Patra's Clinton Global Initiative (CGI) Commitment to Action, was built in 2004 and currently serves over 106,000 students in more than 1,400 schools is one of 20 such kitchens that Akshaya Patra operates across India.
"Akshaya Patra combines the execution excellence of a for-profit with the compassion of a non-profit," Akshaya Patra USA Chairman Desh Deshpande told President Clinton and the delegates at the kitchen tour. "If we all come together and bring our skills, our passion and our resources to bear, " he continued, " we can help this organization meet and surpass its goal of feeding 5 million children daily by 2020."
A World Bank Feature Story
Born and raised in a thatched one-room hut in rural Tamil Nadu, twenty-two year old Enita now spends her day amidst mounds of brightly colored lace, sewing fancy lingerie for the high-fashion stores of western capitals. A hint of jasmine fills the air and lilting Bollywood music keeps time with the gentle hum of machines on the air-conditioned factory floor.
NEW DELHI--The Confederation of Indian Industry's Centre of Excellence for Sustainable Development (CESD) celebrated the Indian debut of the EPEAT® environmental-rating system for electronics with an event in Delhi co-hosted with the Green Electronics Council.
BOSTON — Actifio, the copy data virtualization company, announced the addition of three proven industry veterans — Ratan Tipirneni, M.J. Golibart and Bjorn Engelhardt — to its global management team. The three represent a combined 75 years experience in enterprise technology, and all have longstanding relationships with existing Actifio team members.
Rakesh Khurana, professor of sociology and organizational behavior at Harvard University, and co-master of Cabot House, became dean of Harvard College on July 1, 2014, according to Harvard University. Founded in 1636, Harvard College, one of two schools within Harvard University awarding undergraduate degrees, is the oldest institution of higher learning in the United States.
WALTHAM, MA--Care.com , the world's largest online destination for finding and managing family care that was co-founded by Zenobia Moochhala, has acquired Citrus Lane, a social commerce platform designed for moms, for $48.6 million. The acquisition has been completed for consideration of $22.9 million cash and $8.1 million in equity at close.
WASHINGTON, DC—World Bank Group President Jim Yong Kim is in New Delhi on a three-day visit to the country as it builds new momentum toward higher growth, which is required to lift its millions out of poverty. During his visit, Kim will meet with Prime Minister Narendra Modi and Finance Minister Arun Jaitley in Delhi.
MUMBAI, India— ICICI Bank Limited, India’s largest private sector bank, announced the launch of ‘ICICI Bank Global Banking-Hello Canada’, a convenient banking service for Indians migrated or migrating to Canada. This service offers a customer the convenience of opening a Canadian Dollar (CAD) Account with ICICI Bank Canada along with an NRI (Non Resident Indian) savings account with ICICI Bank in India.
Nisha Desai Biswal, Assistant Secretary of State of South and Central Asian Affairs, recently testified before the US Senate Foreign Relations Committee, Subcommittee on Near Eastern & South & Central Asian Affairs, in Washington, DC. In her testimony, Biswal talked about reexamining US-India relations, especially in the context of recent Indian elections that conferred an unprecedented mandate on Prime Minister Narendra Modi and the Bharatiya Janata Party.
Indian Food Processing Minister Harsimrat Kaur Badal has welcomed the allocation of Rs. 2000 crore for Food Processing. She has been pitching for linking food processing industries to the credit given by NABARD and this is being seen as a quantum step in the right direction.
GoDaddy, the world's largest technology provider dedicated to small businesses, and Microsoft announced a long-term strategic partnership to offer Microsoft Office 365 from GoDaddy as its exclusive core business-class email and productivity service for small businesses in India.
SOUTHBURY, CT — Employment rates in the United States are steadily increasing, meaning businesses are growing and, as a result, seeking the right talent to fit their teams. With all the positive growth, one thing business owners have to be cognizant of is the danger of employee turnover.
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.