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Piyush Goyal asks US firms to invest in clean energy market in India

Piyush Goyal asks US firms to invest in clean energy market in India

India has asked US firms to come up with innovative solutions to address the massive energy needs of Asia's third largest economy, which is set to become the largest clean energy market in the next decade.

Median pay of top-100 US CEOs rises 5% to $14.3 mn

The study, which is an analysis of CEO salaries at the 100 largest public US companies as measured by revenue, puts Microsoft's Indian-origin chief Satya Nadella on the top with a pay package of USD 84.3 million (Rs 525 crore) a year.

Videocon d2h to sell stake worth up to $375 mn to US firm

Videocon d2h Ltd has agreed to sell shares worth up to $375 million to US-based Silver Eagle Acquisition Corp and the proceeds will be used to expand its services.

'Obama Administration to focus next 2 years on India-US trade ties'

Over the next two years, the Obama Administration would focus significantly on India-US economic and financial partnership and support the reform effort of the Indian government, a US official has said.

Brazilian firms sweeten takeover bid for Chiquita

Two Brazilian companies Wednesday raised their takeover offer for US banana giant Chiquita, in an attempt to woo it away from a merger with Irish fruit producer Fyffes.

US firms brace for China backlash over cyber spying charges

U.S. technology companies will likely bear the brunt of soured ties between Beijing and Washington over internet security, after the U.S. Department of Justice charged five Chinese military officers with cyber espionage.

Indians at helm of US firms cause bit of stir in China: Report

Microsoft CEO Satya Nadella joining the growing list of India-born chiefs at the helm of American companies has caused a "bit of a stir" in China, according to a media report.

Chinese telecom companies strike big deals with US firms

So far the US high tech markets were kept aloof from Chinese companies due to security as well as IPR concerns.

US co bribed several Indian firms

Officials of Indian PSUs like BHEL and NTPC appear to be the beneficiaries of bribes that were doled out by a California-based valve company to bag lucrative contracts, mostly for tools used in the construction of power plants.

Lockheed Martin assures India of full serviceability

As IAF gets ready to induct the first of its C-130J transport aircraft early next year, Lockheed Martin has assured India of full serviceability at all times.

‘Attacks on Google, US firms traced to 2 Chinese schools’

The series of online attacks on Google and dozens of other American corporations have been traced to computers located in two Chinese schools, including one with close ties to the Chinese military.

Most US firms plan to reduce bonus component: Grant Thornton

Most of the companies in the US
are still practising cost-cutting measures and more than half
of the firms are in favour of reducing the bonus component of
their employees, says a survey.

Major US firms on route to award record pay in `09: Report

Major US banks and securities firms are on track to pay employees about $140 billion in total compensation and benefits this year.

Most US firms may not reverse pay cuts in next 6 months: Survey

Most US companies are not planning
to reverse the pay cuts made in executive salaries during the
economic crisis in the next six months despite the improving
economic climate, a survey by HR consultancy Watson Wyatt
says.

Many bailed out US firms see steep stock mkt losses

Billions of dollars of taxpayers` money may have bolstered Wall Street giants in fighting the financial turmoil but stocks of many such entities like Citigroup have plunged 75 percent in just one year.