Asian Lite News Archive

Category: Biz Profiles

  • Low Crude Prices Help India Fill SPR to the Brim

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    Taking advantage of low prices in major oil-producing centres in Saudi Arabia and UAE, India has filled up its strategic crude oil reserves to meet its energy needs in times of emergency and saved a neat $685.11 million in the process. It bought crude oil at an average price of $19 per barrel to fill…

  • Meet India’s Battery King

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      Amara Raja Group basedin Hyderabad seeks to dominate battery business in Indian Ocean Rim…reports Sharon Thambala for Asian Lite, Best newspaper for British Asians  Becoming the No.1 battery player across the Indian Ocean Rim countries is the future goal of Amara Raja Group, its chairman Ramachandra Naidu Galla said. “Our target is Indian Ocean Rim,…

  • EXIM Bank Director to speak at Asian American Corporate Meet

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    Director Patricia M. Loui, a member of the Export-Import Bank of the United States (EXIM) board, will participate in the Asian American Corporate Director’s Forum, part of the U.S. Pan Asian American Chamber of Commerce (USPAACC) 30th Anniversary & CelebrAsian Procurement Conference on Wednesday at the Bethesda North Marriot Hotel & Conference Center in Bethesda,…

  • Most UK migrant entrepreneurs are Asian

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    Migreat, the online platform that facilitates migration by providing accurate, clear and understandable information around all aspects of immigration has published a new report titled “Open Borders to Entrepreneurs & Innovators” that compares 12 start-up visa schemes worldwide and their results. The “Open Borders to Entrepreneurs & Innovators” was produced to draw attention to visa…

  • Roshni Launches Training School Studio

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    Leading British entrepreneur Roshni Ladva launches Hair and Makeup Salon and Training School Studio A leading figure in the UK Asian hair and makeup artistry sector, Roshni Ladva, has launched Roshni Hair and Makeup Training School Studio at Harrow. Set against a warm, soft bronze and gold backdrop and natural space that combines the classic with the contemporary,…

  • K.V Kamath to head BRICS bank

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    Banker K.V. Kamath is appointed head of the BRICS New Development Bank being set up by the group of emerging economies formed by Brazil, Russia, India, China and South Africa. Kamath, currently the non-executive chairman of ICICI bank, will have a five-year term at the BRICS bank, which is likely to be operationalised within one year,…

  • Wipro voted world’s most ethical firm

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    Software major Wipro Ltd. said it has been recognised as the world’s most ethical company by US-based Ethisphere Institute for the fourth consecutive year. “We have been named as the world’s most ethical company by the Ethisphere for our commitment to ethical leadership,” the company said in a statement here. The Institute, which advances standards…

  • Women entrepreneurs of India

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    Balancing personal, professional worlds with pride…writes Nivedita From managing their family and children, fulfilling their ‘duties’ as a daughter, wife, daughter-in-law and more, to also setting up and running their own business – women across India are fighting stereotypes and challenging themselves to create their own individuality in a patriarchal society. Whether it’s via a fashion…

  • Is Ajit Jain to succeed Buffett?

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    By Arun Kumar  As Warren Buffett revealed that someone from the Berkshire Hathaway itself would succeed him as the company’s CEO, media speculated on two likely successors – India-born Ajit Jain and Greg Abel. “Both the board and I believe we now have the right person to succeed me as CEO, a successor ready to…

  • Alibaba founder Jack Ma is richest Asian

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    Jack Ma, the founder of China’s biggest e-commerce company Alibaba, has been ranked as Asia’s richest person by a Bloomberg survey published Friday. According to the Bloomberg Billionaires Index, the 50-year-old Ma, with a net worth of $28.6 billion, surpassed Li Ka-shing, the Hong Kong property and ports tycoon, who has held the top spot…

  • Shriti Vadera to chair Santander UK

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    Shriti Vadera, an Indian-origin minister in former British Prime Minister Gordon Brown’s government, has been named by the Spanish banking group Santander to chair its British business. Vadera was a minister in the British government during the days of the global financial crisis. She will replace Terence Burns in March, who had announced his plan…

  • Sikka reboots Infosys

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    By Fakir Balaji   Global software major Infosys Ltd. aspires to be the “bellwether of the Indian IT industry once again”, said its first non-founder chief executive Vishal Sikka. “We aspire to be the bellwether of the Indian IT industry once again in the next 18 months,” Sikka said in an interview here. It’s been just over…

  • Mukesh Ambani India’s richest tycoon

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    Reliance Industries chairman Mukesh Ambani has topped the Forbes magazine’s list of the top 100 richest tycoons in India for the eighth consecutive year with a net worth of $23.6 billion, up $2.6 billion from last year. For the first time, the top 100 richest tycoons in India are all billionaires, according to the latest…

  • PICS: Trump in Mumbai

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    American Businessman Donald J Trump during a press conference regarding `Trump Tower` in Mumbai

  • PROFILE: Reena Ranger

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    Reena Ranger, the chairwoman and co-founder of Women Empowered (WE), was enjoying her role as a mother, however, she felt the urge to do something more to help shape the world. Speaking to Anjana Parikh from Asian Lite, Reena talks about the idea behind WE, and how women can bring a new approach to work…

  • Raina is FOX Middle East GM

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    FOX International Channels (FIC) Middle East has announced the appointment of Sanjay Raina to the position of General Manager for the Middle East, North Africa and Pakistan. Raina joins FOX with a rich history in the broadcast industry, with specialties in product strategy, content planning, and broadcast operations. Raina replaces Rohit D’Silva, who has been…

  • Imran Akram reveals biz plan

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    Imran Akram head at Asons Solicitors in conversation with Rahul Laud reveals Asons’ business and future plans AL: Your turnover rose up to £15 m up £6m. What do you attribute this success to? Akram: The key driving factor has been reasoned, incremental change; We’re always bringing in new staff, with new skills and different…

  • Indians shine at Forbes’ ME list

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    Asian Lite, the Global Voice of the South Asian Diaspora, looks in to the rise of Indian-origin CEOs on Forbes Middle-East list A poor cotton farmer’s son from Maharasthra’s Vidarbha region and a young doctor from Kerala have been named in the Forbes list of top 40 CEOs in Middle-East countries. Krishnakumar Taori, the group…

  • Hindujas top the Rich List

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    Indian-born Hindujas again top on the list of Britain’s wealthiest people. The Sunday Times Rich List are richer than they have ever been with a combined fortune of £519bn — equivalent to a third of the nation’s annual gross domestic product. As people have seen their wages fall in real terms, The Sunday Times Rich…