Prasad woos US cos to start manufacturing in India, offers sops

Offering lucrative incentives, Telecom Minister Ravi Shankar Prasad today invited US technology companies to start manufacturing in India, for meeting domestic needs and exports, under the 'Make In India' initiative.

Social networks `in denial` on extremist use: Senior UK spy

 Social media sites have become "the command-and-control networks of choice for terrorists", the new head of Britain`s electronic spying agency GCHQ wrote in a Financial Times article published Tuesday.

Google tops ten US tech firms in spending $61mn lobbying Washington

Google has yet again topped amongst the ten largest US technology companies in collectively spending more than 61 million dollars lobbying Washington in 2013, a report revealed.

World shares flat but Wall Street gains; S&P 500 at new high

World equity indexes were near five-year highs on Friday as major U.S. technology companies propelled Wall Street to another day of gains, sending the S&P 500 index to close at a record.

For every H-1B visa, US tech companies hire 5 workers: NASDAQ

Refuting the allegations of US lawmakers and certain quarters here that H-1B visas take away jobs from Americans, NASDAQ's chief has claimed that studies show that for every H-1B visa, technology companies increase employment by five workers.