Subject to Senate confirmation, former Congressman TIm Roemer, will become President Obama’s ambassador to India. If confirmed, he will succeed David Mulford who returned to the US in February this year. Roemer is a native of South Bend, Indiana and was a member of the bipartisan 9/11 commission formed in the wake of the terrorist [...]
Posted on May 31st, 2009 by Gunjan
This weekin Mumbai, India, President and Chief Executive Officer of Westinghouse Electric Company Aris S Candris and Chairman and Managing Director of NPCIL S K Jain signed a memorandum of understanding to begin discussions on the sale of several AP1000 nuclear reactors. This enable the company that has supplied technology for half the world’s reactors [...]
Posted on May 31st, 2009 by Gunjan
No, this is not a man bites dog story! The India market continues to grow and in certain sectors, it still makes sense to expand vigorously. One such segment is luxury cars, where Volvo (a subsidiary of Ford Motor Company) announced that it increase the number of cities in which it operates in India from [...]
Posted on May 25th, 2009 by Gunjan
On issues that matter to the the Administration, President Obama’s statements and positions have been nuanced, balanced and thoughtful. One may disagree or agree with the attitude towards gays in the military, toward the closing of Guantanomo prisons, the handling of TARP funds, but few would dispute that the White House takes time to consider [...]
Posted on May 24th, 2009 by Gunjan
Proving to be the most flexible senior member of Dr. Manmohan Singh’s cabinet, Bengali lawyer Pranab Mukherjee will take charge of the Finance Ministry, handing over his prior role of Foreign Minister to SM Krishna. Mukherjee has also held the position of Defence Minister from 2004 to 2006. In both his prior roles, Mukherjee has [...]
Posted on May 24th, 2009 by Gunjan