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Indian Firms Sanctioned By US Not In Violation Of National Laws: Centre
The Ministry of External Affairs (MEA) on Saturday reacted to the recent US sanctions imposed on several Indian firms and nationals, with a spokesperson stating that Indian companies have not violated any national laws.
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US Cracks Down On Indian Firms For Supplies To Russian Companies
The United States imposed sanctions on Wednesday on hundreds of targets in fresh action against Russia, a signal the U.S. will continue to counter evasion of its measures imposed over Moscow's invasion of Ukraine.
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Ship Firms, US Agree On 'Cost Payment' Over Collapse Of Baltimore Bridge
Ship management firm Synergy Marine and Grace Ocean, owner of the ship with 22 Indian crew members that collided with a US bridge in March, have reached an "agreement" with the US government on cost payment, while rejecting liability for the incident
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US Techies Claim IT Firm Gave Their Jobs To Indians On H1-B Visas: Report
A group of American professionals has levelled serious allegations against Indian tech giant Tata Consultancy (TCS) in the latest twist to the ongoing debate over the US visa program for skilled foreign workers.
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Indian Startups Ask CCI to Order Google to Restore Apps After 'Brazen' Removal From Play Store
A group representing Indian startups has asked the country's antitrust watchdog to order Alphabet's Google to reinstate apps it removed for policy violations, a letter seen by Reuters shows, escalating a showdown with the US giant in a key market.
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India's MoS IT Rajeev Chandrasekhar Reacts to Binance and Changpeng Zhao Debacle
Indian minister Rajeev Chandrasekhar has warned crypto firms against misusing technology to flout laws and accomplish illegal activities. Chandrasekhar is the Union Minister of State for electronics and technology in India. The warning comes after Binance CEO Changpeng Zhao pleaded guilty to having violated the US’s anti money laundering policies...
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After Reliance, Tata Group Also Said to Announce AI Partnership With Nvidia
India's Tata Group is set to announce an AI partnership with US chip firm Nvidia, a source with direct knowledge of the matter told Reuters. An announcement is expected later in the day, the source added. Meanwhile, India's Reliance and Nvidia said on Friday they have formed a partnership to create AI language models and generative apps for million...
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Indian Man Pleads Guilty To Duping US Telephone Providers, Insurance Firms
An Indian national pleaded guilty to the charges of defrauding various telephone providers and insurance companies of millions of dollars by using stolen or fake identities to submit fraudulent claims for replacement cellular devices.
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Micron Signs MoU With India to Build First Semiconductor Plant in Gujarat
US memory chip firm Micron Technology on Wednesday signed a memorandum of understanding with the Indian government to build a semiconductor plant, its first factory in the country. Micron said last week it will invest up to $825 million (nearly Rs. 6,850 crore) in the facility. With support from the Indian central government and the state of Gujara...
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American Firms Invested Over $16 Billion In 2 Years In India: PM Modi In US
Prime Minister Narendra Modi on Friday said the India-US partnership is not of convenience but one of conviction, shared commitments and compassion.
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Micron Confirms Up to $825 Million Investment to Set Up Chip Factory in Gujarat
US memory chip firm Micron Technology said on Thursday it would invest up to $825 million (roughly Rs. 6,760 crore) in a new chip assembly and test facility in Gujarat, India, its first factory in the country.
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Google Being Probed in India for In-App Payment Breaches After Complaints From Match, Local Startups
India's competition watchdog has begun an inquiry into Google after some companies alleged the service fee the US firm charges for in-app payments breaches an earlier antitrust directive, a regulatory order seen by Reuters showed on Friday. Tinder-owner Match Group and Indian startups have asked the watchdog to investigate Google's new User Choice ...
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163 Indian Firms In US Generated $40 Billion Investment: Report
Around 163 Indian companies present in the US have collectively generated over USD 40 billion of tangible investments in the country, according to a survey report released by the Confederation of Indian Industry (CII).
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OneWeb Completes Satellite 'Constellation' to Offer Global Internet Coverage Like Rival Starlink
OneWeb on Sunday launched the last 36 satellites in its 616-satellite “constellation”, ahead of the company's plans to offer global broadband coverage in 2023. The Starlink rival plans to provide coverage to the lower 48 US states in May and the rest of the world later this year.
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TCS, Infosys Have Highest Exposure to US Regional Banks, Says JP Morgan After SVB Collapse
Top Indian information technology firms Tata Consultancy Services and Infosys have the highest exposure to regional banks in the United States that are gripped by a financial turmoil, analysts at JP Morgan said on Friday.
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Indian Firms Sanctioned By US Not In Violation Of National Laws: Centre
The Ministry of External Affairs (MEA) on Saturday reacted to the recent US sanctions imposed on several Indian firms and nationals, with a spokesperson stating that Indian companies have not violated any national laws.
-
US Cracks Down On Indian Firms For Supplies To Russian Companies
The United States imposed sanctions on Wednesday on hundreds of targets in fresh action against Russia, a signal the U.S. will continue to counter evasion of its measures imposed over Moscow's invasion of Ukraine.
-
Ship Firms, US Agree On 'Cost Payment' Over Collapse Of Baltimore Bridge
Ship management firm Synergy Marine and Grace Ocean, owner of the ship with 22 Indian crew members that collided with a US bridge in March, have reached an "agreement" with the US government on cost payment, while rejecting liability for the incident
-
US Techies Claim IT Firm Gave Their Jobs To Indians On H1-B Visas: Report
A group of American professionals has levelled serious allegations against Indian tech giant Tata Consultancy (TCS) in the latest twist to the ongoing debate over the US visa program for skilled foreign workers.
-
Indian Startups Ask CCI to Order Google to Restore Apps After 'Brazen' Removal From Play Store
A group representing Indian startups has asked the country's antitrust watchdog to order Alphabet's Google to reinstate apps it removed for policy violations, a letter seen by Reuters shows, escalating a showdown with the US giant in a key market.
-
India's MoS IT Rajeev Chandrasekhar Reacts to Binance and Changpeng Zhao Debacle
Indian minister Rajeev Chandrasekhar has warned crypto firms against misusing technology to flout laws and accomplish illegal activities. Chandrasekhar is the Union Minister of State for electronics and technology in India. The warning comes after Binance CEO Changpeng Zhao pleaded guilty to having violated the US’s anti money laundering policies...
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After Reliance, Tata Group Also Said to Announce AI Partnership With Nvidia
India's Tata Group is set to announce an AI partnership with US chip firm Nvidia, a source with direct knowledge of the matter told Reuters. An announcement is expected later in the day, the source added. Meanwhile, India's Reliance and Nvidia said on Friday they have formed a partnership to create AI language models and generative apps for million...
-
Indian Man Pleads Guilty To Duping US Telephone Providers, Insurance Firms
An Indian national pleaded guilty to the charges of defrauding various telephone providers and insurance companies of millions of dollars by using stolen or fake identities to submit fraudulent claims for replacement cellular devices.
-
Micron Signs MoU With India to Build First Semiconductor Plant in Gujarat
US memory chip firm Micron Technology on Wednesday signed a memorandum of understanding with the Indian government to build a semiconductor plant, its first factory in the country. Micron said last week it will invest up to $825 million (nearly Rs. 6,850 crore) in the facility. With support from the Indian central government and the state of Gujara...
-
American Firms Invested Over $16 Billion In 2 Years In India: PM Modi In US
Prime Minister Narendra Modi on Friday said the India-US partnership is not of convenience but one of conviction, shared commitments and compassion.
-
Micron Confirms Up to $825 Million Investment to Set Up Chip Factory in Gujarat
US memory chip firm Micron Technology said on Thursday it would invest up to $825 million (roughly Rs. 6,760 crore) in a new chip assembly and test facility in Gujarat, India, its first factory in the country.
-
Google Being Probed in India for In-App Payment Breaches After Complaints From Match, Local Startups
India's competition watchdog has begun an inquiry into Google after some companies alleged the service fee the US firm charges for in-app payments breaches an earlier antitrust directive, a regulatory order seen by Reuters showed on Friday. Tinder-owner Match Group and Indian startups have asked the watchdog to investigate Google's new User Choice ...
-
163 Indian Firms In US Generated $40 Billion Investment: Report
Around 163 Indian companies present in the US have collectively generated over USD 40 billion of tangible investments in the country, according to a survey report released by the Confederation of Indian Industry (CII).
-
OneWeb Completes Satellite 'Constellation' to Offer Global Internet Coverage Like Rival Starlink
OneWeb on Sunday launched the last 36 satellites in its 616-satellite “constellation”, ahead of the company's plans to offer global broadband coverage in 2023. The Starlink rival plans to provide coverage to the lower 48 US states in May and the rest of the world later this year.
-
TCS, Infosys Have Highest Exposure to US Regional Banks, Says JP Morgan After SVB Collapse
Top Indian information technology firms Tata Consultancy Services and Infosys have the highest exposure to regional banks in the United States that are gripped by a financial turmoil, analysts at JP Morgan said on Friday.
