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Five Indian-origin women in the FT 'Top 50 Women in World Business' list
Indra Nooyi, CEO of PepsiCoFive Indian-origin women are listed in the FT 'Top 50 Women in World Business' list, with Indra Nooyi, CEO of PepsiCo listed in first place. Also listed are: Vinita Bali of India's Britannia Industries in 22nd place, Ruby MacGregor-Smith, CEO of UK-based Mitie Group in 32nd place, Kiran Mazumdar Shaw of Indian biotechnology company, Biocon, in 47th place and Shobana Bhartia of India's HT Media group in 48th place. right arrow read more


BlackBerry resumes bid to buy Indian-owned company
Karna Guupta, CEO of CerticomBlackBerry maker Research In Motion (RIM) has launched a fresh bid to acquire Indian-owned Certicom Corp. which supplies vital technology for its smart phones. Based in Mississauga on the outskirts of Toronto, Certicom, which is headed by CEO Karna Gupta, is a global leader in encryption technology used by RIM to build secure messaging system in its BlackBerry smart phones. right arrow read more
 
 'Buy American' plan could invite retaliation from India, China: US study
Made in USAA new US study has asked the US Congress to delete "Buy American" provisions from an over $800 billion economic stimulus bill lest it may encourage key suppliers like China, India, and Brazil to retaliate. Based on economic and legal analysis,the study authors concluded that the Buy American provisions would violate US trade obligations with very little impact on US jobs. right arrow read more
 
 Seven Indians make it to Forbes' Midas List 2009
Ram ShriramSeven Indians have made it to the Forbes magazine's coveted list of top 100 start-up investors who put their "Midas touch" to help grow adolescent companies into profit-making ventures in the midst of a global financial meltdown. The Midas List 2009 features at least seven India-born investors led by Ram Shriram in the third position. The list is topped by John Doerr of Kleiner Perkins Caufield & Byers followed by Sequoia Capital's Michael Moritz. right arrow read more
 
US consumer spending plunges to a 47-year low
DollarsUS consumers cut spending for a sixth straight month in December, capping off the worst year for consumer spending since 1961 and pointing to a further slide in the US economy reeling from its worst crisis in decades. A Commerce Department report showed spending by individuals fell 1% in December. right arrow read more
 
USA/CANADA BUSINESS NEWS 2009

Five Indian-origin women in the FT 'Top 50 Women in World Business' list (09/09)
US-Asia Business Forum Expo 2009 (09/09)
BlackBerry resumes bid to buy Indian-owned company (02/09)
'Buy American' plan could invite retaliation from India, China: US study (02/09)
Seven Indians make it to Forbes' Midas List 2009 (02/09)
US consumer spending plunges to a 47-year low (02/09)
Satyam faces class action lawsuit in US (01/09)
Cash is king, Ernst & Young tells businesses (01/09)

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