WASHINGTON, D.C. (TIP): An Indian American-led company has received USD 5 million in funding to develop and manufacture path-breaking ‘zero-pressure’ tires for the US Army, it said in a statement. The Ohio-based American Engineering Group […]

NEW YORK (TIP) : Indian American publishing executive Nihar Malaviya has been named as permanent CEO of New York-based Penguin Random House, nine months after he was appointed the interim chief executive. Malaviya, 48, succeeded […]

China’s Geely Automobile Holdings Ltd. and its Swedish affiliate Volvo Cars are putting off earlier plans to merge, wagering they will be more agile as standalone entities. The manufacturers will preserve their separate corporate structures […]