Kiran Mazumdar-Shaw, chairperson and managing director of Bangalore, India-based Biocon, was elected as a full-term member of the MIT Corporation, the Board of Trustees of the Massachusetts Institute of Technology. She is among the eight full-term members who will each serve a term of five years starting July 1, 2018....
USIBC Launches India Civil Aviation Task Force
The US-India Business Council (USIBC) launched an India-Task Force on civil aviation to focus on identifying opportunities for implementation based on the National Civil Aviation Policy. Palash Roy Chowdhury, managing director-India, Pratt & Whitney will chair the entity, and Amber Dubey, partner and head of aerospace and defense, KPMG in...
Urjit Patel Assumes Role of Central Banker in India
Deputy governor in charge of monetary policy at the Reserve Bank of India since 2013, Urjit Patel will take over charge of the central bank, replacing Raghuram Rajan, the outgoing governor, who returns to the United States. Patel holds a bachelor's degree from the London School of Economics, a master...
Prime Minister Modi in Washington, To Meet Obama, CEOs
India's Prime Minister Narendra Modi arrives in Washington today, June 6, for his seventh meeting with Barack Obama in just 24 months. He begins his visit by laying a wreath at Arlington National Cemetery. On Tuesday, Modi will speak at the U.S. India Business Council's Leadership Summit, participate in a...
Prime Minister Modi to Address USIBC on June 7
Ahead of his address to the Joint Session of the U.S. Congress on June 8, the Prime Minister of India, Narendra Modi, will address the U.S.-India Business Council’s 41st Annual Leadership Summit in Washington DC. As part of the USIBC annual summit, Modi will also participate in a roundtable with...
U.S. Introduces Legislation on Co-production of Defense Technology with India
Amending the earlier Arms Export Control Act, the U.S. has introduced a new legislation – U.S.-India Defense Technology and Partnership Act to formalize India’s status for the purpose of congressional notifications as a major partner of equal status as America’s treaty allies and closest partners, reports Defense World. U.S.-India Business...