USISPF BOARD
Budget for 2026-27 highlights Govt’s push for reforms, policy predictability: FM Nirmala Sitharaman
Finance Minister Nirmala Sitharaman met with US-India Strategic Partnership Forum board members. She emphasized the Budget's reforms for semiconductors, electronics, and bio-pharma. The government aims to boost manufacturing and support small and medium enterprises. These initiatives are designed to encourage long-term investment and strengthen India's economic capacity. The focus is on strategic sectors and policy predictability.
US-India Strategic Partnership Forum appoints Uday Shankar and Joe Creed to board of directors
The US-India Strategic Partnership Forum welcomes Uday Shankar and Joseph E. Creed to its Board of Directors. Shankar, from JioStar and Bodhi Tree Systems, brings media and technology expertise, while Creed, CEO of Caterpillar, offers leadership in manufacturing and infrastructure. Their appointments aim to strengthen US-India collaboration, focusing on innovation, economic ties, and shared values.
Kumar Mangalam Birla joins USISPF executive committee
Kumar Mangalam Birla joins the USISPF Executive Committee. He is the Chairman of Aditya Birla Group. USISPF acknowledges his role in strengthening US-India ties. Birla highlights the importance of the partnership. Aditya Birla Group is the largest Indian greenfield investor in the US. John Chambers presented Birla with the Global Leadership Award. Shantanu Narayen welcomes Birla's addition to USISPF.
US Secretary Howard Lutnick was very positive about India-US equation: Kumar Mangalam Birla
Kumar Mangalam Birla expressed optimism about India-US trade relations following Howard Lutnick's positive remarks on the partnership. Lutnick highlighted the strong friendship between Prime Minister Modi and President Trump, anticipating a trade deal soon. Usha Vance also recalled her fond visit to India, emphasizing the deepening ties between the two nations.
US-India forum to honour Quad business leaders
Usha Vance and Howard Lutnick will speak at the US-India Strategic Partnership Forum Leadership Summit. The event in Washington D.C. will honour Arvind Krishna, Kumar Mangalam Birla, and Toshiaki Higashihara. They are recognised for strengthening US-India-Japan ties. The summit aims to boost the US-India economic partnership. Discussions will involve Vinay Mohan Kwatra, Steve Daines, and Rich McCormick.
Hurun Global Rich List 2025: HCL's Roshni Nadar becomes fifth richest woman globally, first Indian woman in Top 10
Roshni Nadar, Chairperson of HCL Technologies, ranks fifth in the Hurun Global Rich List 2025, with a net worth of Rs 3.5 lakh crore. She is the first Indian woman to break into the top 10 wealthiest women globally. Nadar, also involved in philanthropy through the Shiv Nadar Foundation, has been leading HCL since 2020.
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Who is Roshni Nadar Malhotra, third richest Indian and daughter of HCL founder Shiv Nadar
Roshni Nadar Malhotra has ascended to the position of India’s third-richest individual after receiving a 47% stake in HCL Corporation and Vama Sundari Investments from her father, Shiv Nadar. This strategic succession ensures the continued control of the Nadar family over HCL’s operations. With this transition, Roshni now commands a key leadership role in the $12 billion technology giant, HCLTech. Her elevation in wealth rankings follows Mukesh Ambani and Gautam Adani, reinforcing her influence in India’s business landscape.
India plays crucial geopolitical role from American standpoint: USISPF
India's economic growth and manufacturing opportunities are attracting US companies seeking to de-risk from China, as highlighted by USISPF's CEO Mukesh Aghi. The upcoming India Leadership Summit will emphasize the importance of strengthening India-US partnerships in trade, technology, and geopolitics.
Rajnath Singh and US NSA Jake Sullivan discuss 'key' strategic Indo-US Defence partnership in meeting
Defence Minister Rajnath Singh held strategic discussions with US National Security Advisor Jake Sullivan and met with US defence companies to bolster the Make in India initiative. Singh and US Defence Secretary Lloyd Austin reviewed and aimed to strengthen defence cooperation between the two countries, focusing on deeper engagements in critical and emerging technologies.
IBM CEO Arvind Krishna joins USISPF Board
Arvind Krishna, IBM CEO, has joined USISPF, bringing his expertise in technology and market transitions. He is a leading figure among Indian-American CEOs of Fortune 100 companies and has made significant contributions in wireless networking, security, systems, and databases.
Walt Disney and Mahindra officials join USISPF Board of Directors
Washington officials join US India Strategic and Partnership Forum, emphasizing the success of American companies in India and the growing presence of Indian conglomerates in the US.
Mastercard CEO Michael Miebach joins USISPF Board of Directors
Mastercard CEO Michael Miebach has joined the board of directors of the US-India Strategic and Partnership Forum. Miebach called the forum a "critical" platform for business and government leaders to team up and boost growth in the relationship between India and the US, which he said will shape their ability to address global challenges.
Ajay Banga as World Bank President adds to success stories of the Indian Americans: USISPF
Ajay Banga has been confirmed as the World Bank President, becoming the first-ever Indian-American to take on the role. He will begin his tenure on June 2, succeeding current President David Malpass. Mukesh Aghi, President of US India Strategic and Partnership Forum, congratulated Banga, stating that his leadership will be crucial in addressing urgent issues such as tackling climate change, achieving financial inclusion, gender equality, and bridging the gap between developed and emerging markets.
Biden made an 'inspired' choice by nominating Banga to lead World Bank: Indian Americans
Biden on Thursday nominated Indian-American business leader Banga, 63, to lead the World Bank after World Bank Group President David Malpass recently announced his intention to step down from his position.
Budget needs to be a growth-oriented in line with economic outlook of India: USISPF
The focus on direct taxes will be on encouraging greater compliance through simplification and rationalisation of the law, more effective dispute resolution and measures that contribute to building an environment of trust between the taxpayer and the tax administration. An announcement on the implementation of the Pillar 2 global minimum tax should also be coming, he said.
Mostly independent members in social media grievance forum
To ensure independent functioning of panel; changes to IT rules to be finalised in a fortnight
The/Nudge to invest Rs 200 crore to rebuild livelihoods for 5 lakh households impacted by Covid
A release from the organisation said, "Focused on Uttar Pradesh as the primary state along with neighboring geographies, Asha Kiran will build upon government priorities and programs, to scale high-impact models, in partnership with the government."
Too legit to quit
In today's morning dispatch, India's crypto exchanges are drawing up a legitimacy plan; Business chambers seek an end to the standoff between the government and social media; OfBusiness eyes unicorn status with SoftBank funding.
Industry bodies and MNCs seek deferment of mandatory e-invoicing till January
As per a survey conducted by Assocham, over 90% of its members have sought for the extension. "We have requested the government to introduce e-invoicing from October 1 on a voluntary basis and make it mandatory after three months,” Assocham secretary-general Deepak Sood told ET.
Finance Minister Nirmala Sitharaman welcomes US companies investment in India
According to a statement issued by USISPF, the finance minister held a virtual discussion with the US-India Strategic Partnership Forum’s Board of Directors on the sidelines of its 3rd Annual Leadership Summit.
US urges India to enhance its position in global supply chain
Joseph Semsar, Deputy Under Secretary of Commerce for International Trade, said that India with its “Atmanirbhar Bharat” Initiative has put forward a programme that puts a question mark on the notion of self-reliance.
Anand Mahindra, Shantanu Narayen to receive 2020 Leadership Awards from USISPF
The award, announced on Friday, would be presented during the third Annual Leadership Summit, titled “US-India Week: Navigating New Challenges”, which will convene virtually from August 31, the US-India Strategic Partnership Forum (USISPF) said.
Times Now to host India International Summit in New York
The summit will witness influential leaders deliberate upon the economic and political outcome of world’s biggest and closely watched elections.
IL&FS crisis: Normalcy to return to system in couple of weeks, says SBI Chief
Responding to a question on IL&FS and the impact of shadow banking on the Indian economy, SBI Chairman Rajnish Kumar said since it is an NBFC, it has had a contagion effect.
Data localisation: Sparking complaints of bias, US companies seek 12 months time from RBI
Closed-door meeting sparks complaints of bias along with a demand for an extension to today's deadline.
American statesman Kissinger to deliver speech on India-US ties
Kissinger is among one of the few individuals who are frequently consulted by President Donald Trump on issues relating to foreign policy and national security.
Indian-American Adobe CEO elected to lead USISPF Board
Former CIA Director Gen (rtd) David Petraeus has joined as a new advisor, Ajay Singh, chairman and MD of Spice Jet Limited have joined the USISPF as its new members.
Arvind Panagariya, Kanwal Sibal join USISPF as advisors to Board
"I am honoured to be able to serve this new organisation, which is well positioned to bring about some of the most effective change," he said.
Using H1-B visas to displace US workers a mistake: John Chambers
Chambers, who is also the chairman of the newly formed US-India Strategic Partnership Forum (USISPF), said the two nations can work together to create opportunities.
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