On May 4, 2010, Nitin Nohria made history when Harvard University President Catherine Drew Gilpin Faust appointed him Dean of the Harvard Business School. His term began from July 1, 2010. He is the first Indian American to be appointed to this position. When we asked him about his first thought on hearing about his appointment, he told us that it felt like a dream. It left him humbled and honored and with a great sense of gratitude and responsibility. Nohria has always said that his story is a vivid reminder of how meritocratic American society is where an immigrant on a scholarship to a graduate school can be chosen as a dean of one of the country's leading business schools.
Nohria was born in Nohar, Rajasthan, in India. His father, Kewal Nohria, was the Chairman of Crompton Greaves in India and was a great influence upon Nohria's decision to embark upon a career in business. Nohria graduated from St. Columbus School in New Delhi, following which he earned a B.Tech in Chemical Engineering from the Indian Institute of Technology (IIT) Bombay and earned a Ph.D. in Management from the MIT Sloan School of Management. He met his future wife, Monica, in India and told us that one of his best decisions was to convince her to marry him and to follow him to USA. They have two daughters. Currently, he lives with his family at Dean's house on the HBS campus. He is also the first dean to live at Dean's House since Dean Lawrence Fouraker lived during the 1970s.
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.
At VMworld, C7 Data Centers (C7) announced a new suite of cloud-based data management services to help its customers ensure application availability and instant data access. This new portfolio of services uses Actifio's copy data virtualization platform to increase the efficiency and security of C7's backup service offering and to improve disaster recovery capabilities including:
Effective September 12, 2014, the Department of State will adjust processing fees for some services. The fees for most categories of immigrant visas will change, while fees for nonimmigrant visas largely remain the same. The fee for processing an application for Renunciation of U.S. Citizenship is increasing to reflect the true cost of providing this service.
The Department seeks to recover, as far as possible, the cost of providing consular services through the collection of consular fees. The Department regularly reviews these costs and adjusts fees as necessary to reflect the cost of service.
Under the Foreign Relations Authorization Act (FRAA), the US President is required each year to notify Congress of those countries he determines to be major illicit drug-producing countries or major drug-transit countries that "significantly affect the United States." A country's presence on the list does not necessarily reflect its counternarcotics efforts or its level of cooperation with the United States on illegal drug control.
U. S. businesses are increasingly looking to emerging markets for export growth in both the short and long term, according to the latest U.S. HSBC Global Connections Trade Forecast. Even though U.S. exports are expected to grow by about six percent per year through 2030 and advanced economies will continue to play a dominant role in U.S. trade, the forecast predicts that China and India present the best trade prospects, with U.S. export growth to average nine percent a year to each country through 2030.
PARIS--Technip was awarded by Air Products a contract to provide project management, as well as engineering, procurement and construction management (EPCM) services for a new industrial gas complex for Bharat Petroleum Corporation Limited — Kochi Refinery (BPCL-KR) located in the state of Kerala, India.
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.