Us Firms

How Bengaluru's Huge Covid Surge Is Impacting Big US Firms

India News | Saritha Rai, Bloomberg | Friday May 7, 2021

About 8,300 miles east of Wall Street, on a stretch of Bangalore's Outer Ring Road, sits what was once the heart of the global financial industry's back office.

Seven US Firms Drop H-1B Lawsuit Against US Federal Agency

World News | Press Trust of India | Tuesday May 4, 2021

A group of seven American businesses Monday announced to have dropped an H-1B lawsuit against the US Citizenship and Immigration Services after the federal agency agreed to accept and adjudicate previous decisions on foreign work visas.

US Firm To Expand Remdesivir Availability In India; Donate 4.5 Lakh Vials

India News | Press Trust of India | Tuesday April 27, 2021

US Drug firm Gilead Sciences said it is taking several steps to expand the availability of antiviral drug Remdesivir in India and will also be donating a minimum of 4.5 lakh vials of 'Veklury' to the Indian government.

Chinese Hackers Still Actively Targeting Indian Port, Claims US Firm

India News | Jamia Tarabay, Bloomberg | Wednesday March 3, 2021

At least one connection opened by Chinese state-sponsored hackers into the network system of an Indian port is still active, even as authorities block attempts to penetrate the nation's electrical sector, according to the US firm that alerted officials.

Kerala Cancels Controversial Contract With US Firm On Deep Sea Trawlers

India News | Press Trust of India | Monday February 22, 2021

The Kerala government on Monday decided to cancel the controversial MoU signed between US-based EMCC International and the Kerala Shipping and Inland Navigation Corporation, against which the opposition has levelled serious charges, drawing a strong reaction from EMCC.

Pinarayi Vijayan Rejects Allegations On Deep Sea Fishing Contract With US Firm

Kerala News | Press Trust of India | Sunday February 21, 2021

Kerala Chief Minister Pinarayi Vijayan on Saturday dismissed the opposition charge that the government has entered into an agreement for deep sea fishing contract with a US-based firm, saying no foreign company will be allowed to engage in deep sea trawling in the state waters.

Piyush Goyal Invites US Firms To Manufacture In India

India News | ANI | Thursday February 18, 2021

Asserting the need to further the bilateral trade and economic engagement with a greater degree of flexibility, Union Minister of Commerce and Industry Piyush Goyal on Wednesday invited the United States to look at India as a manufacturing base.

Amazon Said to Appeal to Supreme Court in Future-Reliance Deal Dispute

Reuters | Thursday February 11, 2021

Amazon has mounted a legal challenge against its partner Future Group's $3.4-billion (roughly Rs. 24,750 crores) retail assets sale in India's Supreme Court, three sources said, marking the US firm's latest effort to block the deal.

Huawei Challenges US FCC Over National Security Threat Designation

Reuters | Wednesday February 10, 2021

Huawei is challenging the US Federal Communications Commission (FCC) designation of the Chinese company as a national security threat to US communications networks. The FCC in June had designated Huawei and ZTE as security threats, a declaration barring US firms from tapping an $8.3 billion government fund to purchase equipment from the companies.

EU Regulator Approves Moderna Covid Vaccine: Report

World News | Agence France-Presse | Wednesday January 6, 2021

The EU's medicines watchdog approved a coronavirus jab by US firm Moderna on Wednesday, giving a shot in the arm for Europe's slow-moving vaccine roll-out.

Twitter Fined EUR 4,50,000 in Ireland Over Bug That Made Some Private Tweets Public

Reuters | Tuesday December 15, 2020

Ireland's data regulator has fined Twitter EUR 450,000 (roughly Rs. 4 crores) for a bug that made some private tweets public, in the first sanction against a US firm under a new European Union data privacy system.

Apple Investigates iPhone Facility Near Bengaluru After Violence By Workers

India News | Reported by Roobina Mongia and Maya Sharma, Edited by Harish Pullanoor | Monday December 14, 2020

Apple Inc has said it will probe the violence that broke out on Saturday at a factory that produces iPhone near Bengaluru. Tthe US firm has said it is investigating if its Taiwanese contractor Wistron Corp, which owns the factory, flouted supplier guidelines.

US Court Blocks Two H-1B Regulations Proposed By Trump Administration

World News | Press Trust of India | Wednesday December 2, 2020

In a huge relief to tens of thousands of Indian professionals and top American IT firms, a US court has blocked two H-1B regulations proposed by the Trump administration to restrict the ability of American companies to hire foreign employees.

Singapore Becomes First Country To Approve Sale Of Lab-Grown Meat

World News | Reuters | Wednesday December 2, 2020

Singapore has given US start-up Eat Just the greenlight to sell its lab-grown chicken meat, in what the firm says is the world's first regulatory approval for so-called clean meat that does not come from slaughtered animals.

Moderna Says Vaccine 100% Effective Against Severe Covid, Seeks Clearance

World News | Reuters | Monday November 30, 2020

US firm Moderna said it would file requests for authorization of its Covid-19 vaccine in the United States and Europe on Monday, after full results confirmed a high efficacy estimated at 94.1 percent.