WALTHAM, MA—The Worth magazine has named three people of the Indian origin in its list of The 100 Most Powerful People in Finance. They are: Arundhati Bhattacharya, chairman, State Bank of India; Anshu Jain, Co-CEO, Deutsche Bank; and Preet Bharara, United States Attorney for the Southern District of New York.
"Bhattacharya is the first woman to be chair of the State Bank of India, the nation's largest lender with $380 billion in Assets," Worth said. "She is the driving force behind major reforms in Indian agriculture, industry and finance, as well as a two-year employee sabbatical policy for women with child or elder care responsibilities."
BOSTON--- Wayfair Inc. , one of the world's largest online destinations for home furnishings and décor, reported financial results for its third quarter ended September 30, 2014. "We are very pleased with the third quarter results and Wayfair's growth trajectory," said Niraj Shah, Wayfair CEO, Co-Chairman and Co-Founder.
DEDHAM, MA--RAGE Frameworks (RAGE), a pioneer in rapid Business Transformation technology and Big Data Analytics and founded by Venkat Srinivasan, released a report featuring research from Gartner titled "Enabling the Responsive Enterprise, Is Business Technology Ready?"
NEW YORK--Ozone Media, a global advertising technology provider, announced it has appointed Raj Beri as chief operating officer (COO). In his new role, Beri will oversee the company's engineering, product development and day-to-day operations. As part of the Ozone Media executive leadership team, Beri's mission will be to scale the company's operations to manage the huge growth it is seeing.
BEDFORD, MA— With over 100 patents and four major companies under his belt, Amar Sawhney talks about his entrepreneurial journey in an exclusive video interview with INDIA New England News. He is the founder, CEO and Chairman of the Board of Directors of Ocular Therapeutix, a Bedford, MA-based biopharmaceutical company that went public in July.
MOUNTAIN VIEW, Calif.---Couchbase Inc., provider of the NoSQL database, announced the appointment of Shekhar Iyer to a newly created executive position to lead global sales and field operations. Shekhar will be the Senior Vice President of Global Field Operations, responsible for leading the worldwide sales and services organizations.
BOSTON—Harvard Business School's new digital learning initiative, HBX, held a closing ceremony on Nov. 2, on the School's campus in Boston to formally mark the completion of its first offering, HBX CORe. CORe is an interactive online program specially designed by HBS faculty members and was first offered this summer to undergraduates and recent graduates interested in learning the fundamentals of business through a suite of three courses in Business Analytics, Economics for Managers, and Financial Accounting.
Visa Inc. (NYSE:V), the global leader in payments, announced that it has selected Bangalore as the site for its Technology Center of Excellence in India to be opened in early 2015 and fully staffed by early 2017.
WALTHAM, MA--Augmenix, Inc. has received European commercial approval for both TraceIT Fiducial Marker and TraceIT Gel System, absorbable markers visible under CT, MR, cone beam and ultrasound imaging modalities. "At Augmenix, we are proud to introduce advanced hydrogel products that improve outcomes of radiotherapy by improving guidance to target organs and minimizing damage to adjacent organs," said Amar Sawhney.
CHICAGO---Protection 1, the largest full-service business and home security company in the U.S., announced that it has hired Simi Gupta, CPA, MBA as its new Chief Accounting Officer for Brite Energy, Powered by Protection 1. Brite Energy is Protection 1's recently formed entity that will bring added services to its customers in the form of solar energy.
Accenture is developing a mobile government system for the Arunachal Pradesh Department of Information Technology, the system is designed to enhance citizen access to more than 21 government services across 12 categories in eight state departments using mobile platforms and an online portal.
SANTA CLARA, Calif.--Ineda Systems, a developer of low-power SoCs (system on a chip) for use in the fast-growing wearables and Internet of Things (IoT) market segment, announced additional funding from Cisco Investments to bring the round of Series B funding to a total of $19M.
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.