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| Citigroup
to acquire Wachovia's banking operations |
 In
yet another fallout of the ongoing financial
crisis, US banking giant Citigroup is buying
the banking operations of Wachovia Corp. in
a deal facilitated by the US government, the
Federal Deposit Insurance Corp. Citigroup,
headed by India-born Vikram Pandit, agreed
to acquire Wachovia's banking operations for
$2.1 billion in stock. 
read
more |
| |
| Ranbaxy
hires former NYC mayor Giuliani for advice |
 Ranbaxy
Laboratories said it had retained the services of former New York
City mayor Rudy Giuliani to extend advice on the US regulator's decision
to ban some 30 medicines produced at its two Indian plants. Giuliani
and his firm Giuliani Partners will advice and review the compliance
issues related to the recent United States FDA letters and import
advisory.
read more |
| |
| Ranbaxy
shares dip as US blocks import of its 30 drugs |
 Ranbaxy
Laboratories Wednesday said it regretted the US regulator banning
the import of more than 30 of its generic medicines. The US Food and
Drug Administration (FDA) said Tuesday it was blocking the sale of
some of Ranbaxy's drugs including the antibiotic Cipro and cholesterol
pill Zocor, in view of manufacturing deficiencies at two India units.
read more |
| |
| USA/CANADA
BUSINESS NEWS 2008 |
|
Citigroup
to acquire Wachovia's banking operations
(09/08)
Ranbaxy
hires former NYC mayor Giuliani for advice
(09/08)
Four
Indian-origin men on Forbes' richest Americans
list (09/08)
Ratan
Tata joins US nanotech firm's advisory board
(09/08)
Ranbaxy
shares dip as US blocks import of its 30
drugs (09/08)
Lakshmi
Mittal wins Forbes Lifetime Achievement
Award (09/08)
Canada
to focus on free trade pact with India
(09/08)
Indian
origin woman among Next Gen billionaires
(08/08)
Two
young Indian CEOs make $15.7 mn between
them (08/08)
Adverse
US impact on Indian outsourcing not for
long: Amartya Sen
Ranbaxy
expects US drug office to drop motion next
month (07/08)
Nooyi
is top earning woman CEO: Forbes (07/08)
US
government accuses Ranbaxy of forgery, data
fraud
Indian
firms, Clinton Foundation sign deal on malaria
drugs (07/08)
Tata
Steel debuts on Fortune 500 list, ranks
315 (07/08)
Indian
Company Allied Digital acquires US firm
for $30mn (07/08)
Lakshmi
Mittal joins Goldman Sachs' board (06/08)
Indian
origin man given key role in Yahoo! restructuring
(06/08)
India
ranks low among best countries for business:
Forbes (06/08)
Chevron
blamed for destroying natural forest in
Bangladesh (06/08)
Citi
to close hedge fund founded by Pandit
(06/08)
Nooyi's
pay package at Pepsi: over $14 mn (03/08)
Indian
dock workers in US allege surveillance
(03/08)
Netjets
enters Indian market (03/08)
H-1B
professional visas creating jobs in US:
study (03/08)
Global
Indian award for Sam Pitroda (03/08)
Man
behind Bose audio systems in Inventors'
Hall of Fame (03/08)
Indian
dock workers protest in US; embassy sends
probe team (03/08)
Four
Indians in Forbes list of 10 richest in
world (03/08)
Online
travel major launches Indian site (03/08)
India,
US to double trade to $60 bn by 2008 end
(03/08)
Yahoo!
to develop next-generation products from
India lab (03/08)
US
slowdown offers opportunity to Indian IT
industry (03/08)
Ramco
to offer web-based software services to
US customers (03/08)
'Indian
Story' in Chicago to highlight Indian firms
in US (02/08)
Air
India to add further capacity to USA
(02/08)
India-US
forum to focus on trade, investment expansion
(01/08)
Digital
Liberty Group takes over Kochi-based IT
firm (01/08)
US
firms keen to explore oil and gas in India
(01/08)
14
Indians feature in Forbes' top dealmakers
list (01/08)
PepsiCo's
Nooyi to head Indo-US trade council
(01/08)
Satyam
acquires US-based consulting firm (01/08)
Indian
firms also create jobs in America: US official
(01/08)
Adobe
Appoints Shantanu Narayen CEO (01/08)
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