| SEC bars Mohit Khanna from association with broker, dealer | 13-NOV-09 |
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| The US market regulator Securities and Exchange Commission (SEc) has barred an Indian-origin person Mohit Khanna, who was allegedly running a Ponzi scheme and defrauded investors, from associating with any broker or dealer in the market. |
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| More than 18,000 H-1B visas yet to be grabbed | 01-OCT-09 |
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| Reflecting the dire straits of the US job market and strict regulations imposed by the Congress, over 18,000 of the H-1B visas, once the most sought after by Indian professionals, is yet to be grabbed. |
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| Dr Reddy's recalls four products from US market | 30-SEP-09 |
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| Hyderabad-based drug firm Dr Reddy's Laboratories (DRL) today said it is recalling four of its drugs used in the treatment of ailments such as allergy, depression and high cholesterol from the US market. |
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| M&M to enter US market in first quarter of 2010 | 04-SEP-09 |
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| Auto maker Mahindra & Mahindra (M&M) has said today it will begin US operations in the first quarter of 2010 with two new variants of SUV Scorpio, besides two vehicles in the Indian market over the next six months. |
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| M&M to enter US market in 1st quarter of 2010 | 03-SEP-09 |
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| Auto maker Mahindra & Mahindra today said it will begin US operations in the first quarter of 2010 with two new variants of SUV Scorpio besides two vehicles in the Indian market over the next six months. |
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| US market regulator focuses on role of auditors in Satyam fraud | 31-AUG-09 |
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| The US capital market regulator Securities and Exchange Commission (SEC) has completed its probe into the multi-crore rupee Satyam fraud case in India, especially the role of auditors. A team of the Commission came to India following filing of over a dozen class action lawsuits in the US against the promoters and managers of the IT firm on behalf of investors, who purchased American Depository Shares of the company between January 6, 2004 (the listing date in the US) and January 6, 2009 (the day before Raju’s letter). |
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| Slow US recovery to hit IT firms | 30-AUG-09 |
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| The delay in recovery of US economy, according to analysts and companies, will eat into the top- and bottom-lines of most Indian IT firms, even as they see a surge in demand from some European countries, including the UK and France, along with emerging geographies like Australia and West Asia. The reason is simple — most of the Indian IT services firms derive over 60 per cent of their revenues from the North Americas, including the US. |
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| US markets slip ahead of vital data | 11-AUG-09 |
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| US markets slipped on Monday ahead of vital economic data, including Federal Reserve's statement on interest rates, due this week. |
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| Sun Pharma uses own plants for US market after after Caraco trouble | 02-AUG-09 |
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| In spite of a major regulatory clampdown on its US subsidiary, Caraco, Mumbai-based Sun Pharmaceuticals is trying hard to keep its US market share intact. The company is relying on its own manufacturing facilities to deliver goods to the US market. All eight ANDAs (abbreviated new drug applications) for sales permission in the US filed during the first quarter of the current financial year (Q1FY2010) came from Sun’s facilities. |
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