US Fed leaves interest rates unchanged

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Washington-- The US Federal Reserve left the interest rate unchanged after the two-day meeting of its top decision making body on Wednesday. It's a...

Nokia to axe 14,000 jobs as profit plunges

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New Delhi-- Finnish telecom equipment giant Nokia announced on Thursday that it would slash up to 14,000 jobs as part of a cost-cutting drive...

GenAI to boost Indian financial services, add $80 bn by 2030: Report

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New Delhi-- Generative artificial intelligence (GenAI) is set to boost Indian financial services and is expected to potentially add $66-$80 billion to the GVA...

TiE StartupCon Lines Up Great Entrepreneurs, Executives and Speakers at their Annual Conference

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CAMBRIDGE, MA-- Pallavi Singh and Shaloo Savla, two of the chairs of last year’s TiE StartupCon, are back as Co-Chairs of TIE StartupCon 2016...

Carrum Health Named Finalist in Harvard Business School-Harvard Medical School Health Acceleration Challenge

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BOSTON-- The Forum on Health Care Innovation, a collaboration between Harvard Business School (HBS) and Harvard Medical School (HMS), announced the four finalists in...

Boston Entrepreneur Al Kapoor Moves Companies to Optics Cluster in Rochester, NY

ROCHESTER, N.Y.-- Syntec Optics, an advanced manufacturing company privately owned by Boston entrepreneur Al Kapoor, announced the completion of its move for three separate...

MIT Sloan study shows how technology can increase gift giving

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CAMBRIDGE, MA - Gift giving is an age-old tradition, but how is it being affected by technology? Are online gift exchanges increasing, and are they...

Otsuka Pharmaceutical Acquires Visterra, Headed by Brian Pereira, for $430 Million in All-Cash Transaction

WALTHAM, MA-- Otsuka Pharmaceutical Co., Ltd. and Visterra, Inc. announced that they have entered into a definitive merger agreement pursuant to which Otsuka will...

US dollar rises amid concerns over split Congress after elections

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New York-- The US dollar rose slightly against other major currencies as investors remained cautious about the upcoming results of the US mid-term elections. In...

Ex-Ranbaxy promoters Malvinder, Shivinder Singh arrested in a Rs 740 crore fraud case

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New Delhi--Former promoters of pharmaceutical giant Ranbaxy, Shivinder Singh and his elder brother Malvinder Singh, have been arrested in a Rs 740 crore fraud...
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