Infosys Consulting Inc, the strategic consulting arm of IT services giant Infosys Technologies, is planning to acquire a small consulting company with revenues in the $100-140 million range (Rs 450-650 crore) as part of its inorganic growth initiatives in the US.Market sources said Infosys had been looking at a suitable acquisition target in the US with consulting expertise in verticals like aerospace, retail, healthcare and financial services.
David Beckham, booed on his return to the United States, has silenced his critics by helping the LA Galaxy to the MLS Cup final, his coach Bruce Arena said on Tuesday.
US federal authorities were in the process of seizing four mosques and a 36-storey skyscraper in Manhattan that are owned by a nonprofit Muslim organisation long suspected of having ties to the Iranian government.
As an immediate fall-out of the Federal Bureau of Investigation foiling a Lashkar-e-Tayiba plot to use United States nationals to carry out major terror attacks in India, the Indian Embassy in Washington has tightened visa approval norms for Pakistan-born American citizens, whose applications would now have to be cleared by New Delhi. An instruction in this regard has recently been issued by Union Home Secretary G K Pillai.
Speaking at a roadshow organised to promote 34 oil and gas blocks offered in the 9th round of New Exploration Licensing Policy, he said potential of shale gas in India is being examined by oil regulator Directorate General of Hydrocarbons.
Petroleum Minister Murli Deora launched the ninth edition of New Exploration Licensing Policy, offering 34 exploration blocks, almost half of the previous round in 2009.
The fourth annual Hindu Mandir Executives Conference decided to streamline temple operations and bring more unity and interaction.
With an instrument on board India's lunar mission Chandryaan discovering water molecules on the Moon, scientists are now confident of harvesting water from the lunar surface in the future, which could help sustain lunar astronauts and even propel missions to Mars.
"The complexity of HIV has for long thwarted development of an effective HIV vaccine. Our findings open a new path toward an effective preventative and therapeutic vaccine," said Dr Sudhir Paul, the study's senior author and a professor in the Department of Pathology and Laboratory Medicine at The University of Texas Medical School at Houston.
While traveling through India on the Palace on Wheels, Rachel Varghese, president of the Houston based Indo-American Charity Foundation, witnessed the affection that Indians have for the Gandhi family. Varghese, a social worker, compares the Gandhi family to the Kennedy clan in the United States.The foundation has been serving the Greater Houston area by raising funds from the Indian community and corporations for programmes in education, healthcare, children and other issues
For its Singapore trading desk, the company aims to hire a few top level executives in a few weeks. The desks in London and Houston will also recruit more executives for finding opportunities in those markets. The company has another trading desk in Dubai. An RIL spokesperson declined to comment on the expansion of trading desks.
Mustang's work for the KG-D6 Development (plan) was based on all available information and performed in an independent manner in October/November 2007," Woods Group -- the parent firm of the engineering consultancy firm -- said in an e-mailed statement from Houston. Anil Ambani group, fighting a legal battle to source gas from RIL's KG-D6 fields at less than market price, had stated the Mustang was not the best to validate because it had carried out separate work.
Minister of State for Petroleum and Natural Gas Jitin Prasada, who led the roadshows in the US and Canada, said the roadshows for 70 blocks offered in NELP-VIII and 10 coal bed methane blocks received overwhelming response from investors.
The actor has cancelled his upcoming trip to New York to promote his latest movie Wanted.
The King of Pop, who was allegedly being treated for insomnia, had lethal levels of the strong anaesthetic Propofol in his body when he died, according to court papers.
After dazzling the Toronto crowd on Sunday, the Bachchans turned their attention to Trinidad, Spain as part of the first leg of their Unforgettable tour. Clad in glittering attire, Abhishek and wife Aishwarya took to the stage with gusto. Amitabh Bachchan and Preity Zinta too took to the stage amid applause.
Dr Conrad Murray, who allegedly administered a powerful anesthetic to the singer just before his death, will be arrested within two weeks.
The actor said he respected the procedures the US requires incoming foreigners to follow but maintained his experience was "not pleasant.
The government is offering a total of 70 oil and gas blocks under NELP-VIII and 10 blocks have been offered under CBM-IV.
Pop star Robbie Williams is set to make a comeback by filling up slots at the O2 early next year, left vacant by pop icon Michael Jackson's sudden death.
Kailash Kher and his band will perform in Philadelphia this week.
The first of the promotional roadshows for 70 blocks offered under the eighth edition of New Exploration Licensing Policy and 10 coal-bed methane areas will be held in Mumbai on August 8, a petroleum ministry official said. On April 9, India launched the eighth round of auction to give away blocks for exploration under NELP with August 10 being the last date for bidding. But it was deferred over ambiguity on tax holiday for natural gas.
Google India closed its Hyderabad centre on Wednesday after one of its employees tested positive for the H1N1 (swine flu) virus strain. The effort was to ensure that other employees do not contract the virus.
Google stated that it closed the office for two days as a precautionary measure and for sanitising all the common areas.
Dr Arun Sharma and his wife Dr Kiran Sharma, both 54, were charged with conspiracy to commit health care fraud and conspiracy to unlawfully distribute controlled substances not for legitimate medical reasons, Houston Chronicle reported quoting officials.
The government is planning to relaunch the eighth phase of bidding for oil and gas blocks under the New Exploration and Licensing Policy (Nelp-VIII) in the second week of August.
In this fourth part of a series, rediff India Abroad gets deeper in its analysis of the rising gun culture among Indian Americans.
The Hollywood-based football star is starting to feel the pressure of the paparazzi.
The Indian embassy in Washington is in the process of finalising a detailed report on the issue of over 100 Indian workers in a Mississippi shipyard, who revolted against their employer for their alleged "slave-like treatment" after being "tricked" into coming to the US.
"With RIL commissioning its second refinery last December, the total capacity of the (Jamnagar) complex will go up to 1.24 million barrels a day, exposing it to international vagaries. By surrendering the EOU status of one refinery and maintaining that of the other, the company will be able to hedge its risks," said an industry veteran. EOU status for RIL's second refinery currently ends in March 2010.
Marat Safin brought Lleyton Hewitt down to earth on Tuesday when he won the battle of the former world number ones by beating him 6-4, 7-5 in the first round of the Monte Carlo Masters.
David Beckham's Los Angeles Galaxy side lost 1-0 to Japan's Gamba Osaka in the first Pan Pacific Championship semi-final.
A company executive said unlike India, the price of petrol changed on a daily basis in the US. "In India, we don't have a level playing field, since the government gives public sector oil marketing companies subsidies. Since the RIL refineries operate on better refining margins, we could earn more revenue from free markets," he said. "We have better understanding beyond a theoretical knowledge about the US and European markets after our long experience in these markets."
Reader Akshay Kumar Rumalla sent us this picture from Houston.
Looking aggressively at the Indian market for expansion, the Vikram Chatwal Hotels, a division of Hampshire Hotels and Resorts, plans to open "Dream brand hotels" in various cities in the country, including Bangalore, Mumbai and New Delhi with a Rs 5,000-crore (Rs 50 billion) investment.
Tiger Woods is in danger of surrendering his position as world number one to Phil Mickelson in two weeks' time.
RIL is talking to consumers of gasoline (petrol) as well as US fuel marketers who currently have a deficit, he said but did not give details. The company recently started gasoline trading operations in the US. Its office located in Houston would trade in gasoline both on the US Gulf Coast and New York Harbor market.
The awards, aptly named, 'Transforming Our World -- 2011 Excellence Awards', were presented for community leadership to Swatantra Jain of Vinmar International Ltd and Avinash Ahuja of Magnum Producing Company.
The case against fashion designer Anand Jon (Alexander) in New York ended with the sentencing phase at the New York County Court before Judge Cassandra M Mullen.
From Italy, Spain and an unnamed Middle Eastern country to US and Russia, the plotters of the Mumbai terror attack tapped local resources including dollar payment transfers and registering internet domain names in a sinister global plan to numb India's financial capital that left 183 persons dead.
© 2025 Rediff.com - Investor Information - Advertise with us - Disclaimer - Privacy Policy - Sitemap - Feedback - About us - Terms of use - Grievances