Washington D.C, Sept 27 - As per a recent study, companies like Volkswagen often apologise and then silence their stakeholders to make the world forget about the scandals.
Aalto University researchers have found that large corporations often try to get over their corporate irresponsibility by first asking for forgiveness and then silencing their stakeholders. They also remove traces that may act as a reminder of the scandal. If Volkswagen does what many other corporations have previously done in similar cases, it may not learn to avoid its mistakes - and it may repeat the same mistake later on.
Washington D.C., Sept 26 - Burger King is launching a ' Halloween Whopper' sandwich, which features 'black buns' baked in A1 steak sauce.
The special edition 'Halloween Whooper' burger will have a beef patty, melted American cheese, tomatoes, lettuce, mayo, pickles and onions.
Burger King's black bun burger was served for the first in Japan, People reports.
Sealing for a price of USD 4.99, the burger is available for a limited period of time in the United States. (ANI)
New York, Sept. 25 - Giving a push to his 'Make in India' initiative, Prime Minister Narendra Modi met top business honchos over dinner at an event coordinated by Fortune here today.
"Beginning and ending the day with Business. PM @narendramodi meets with top CEOs at event coordinated by Fortune," Ministry of External Affairs (MEA) official spokesperson Vikas Swarup tweeted.
"The $ 4.5 trillion club! PM @narendramodi with leading Fortune 500 CEOs at a special event in New York," he added while listing the names of 40 plus CEOs.
The CEOs of Cisco, Mastercard, Boeing, Sandisk, Pepsico, IBM and Ford were present among others during the meeting.
Washington, Sept. 23 - External Affairs Minister Sushma Swaraj on Tuesday said that the discussions in the Indo-U.S. Strategic and Commercial Dialogue had been most 'productive and fruitful' and extended an invitation to U.S. Secretary of State John Kerry and his other cabinet members to visit India next year for the second round of the dialogue.
"In my meeting with Secretary Kerry earlier this morning, we shared our strategic priorities, interests and concerns on issues of mutual interest including security and counter-terrorism, convergences in India's Act East policy and the U.S. rebalance in Asia. Secretary Kerry and I agreed to work towards ensuring India's membership of APEC," Swaraj addressed the press conference here.
Washington D.C, Sept 23 - Highlighting the shared vision of President Barack Obama and Prime Minister Narendra Modi to increase the US-India trade five-fold, Secretary of Commerce Penny Pritzker said on Tuesday that it cannot be achieved without input and perspective of the private sector of both the countries.
She said that to achieve the goal, 'laser-like focus' was needed across all levels of the two governments, to address the impediments faced in doing more business together.
Washington D.C., Sept. 22 - Expressing his satisfaction with the way India and United States are working together to expand their bilateral relationship in the energy sector, Union Minister of State (Independent Charge) for Power Piyush Goyal said dialogue on energy cooperation between the two countries has been very engaging.
"The dialogue on the energy side was very engaging. We have been able to talk through a lot of technological and innovative solutions to our challenges to low cost energy access to the people of India. We have been able to look at great integration of grid for renewable energy, clean energy, clean coal technologies, what we need to do for energy efficiencies," Goyal told ANI.
Washington DC, Sept 22 : Minister of State (Independent Charge) for Commerce and Industry and Minister of State for Finance and Corporate Affairs Nirmala Sitharaman has called upon American investors to invest in the development of infrastructure in India.
Speaking at the 40th leadership Summit of US-India Business Council ( USIBC), she said the Indian Government had taken several measures, both executive and legislative, to ease business environment. "Indian states have been ranked and we are emerging as one of the most favoured business destinations for the investors," she added.
Washington D.C., Sept.22 - United States Assistant Secretary of State for South and Central Asia Nisha Desai Biswal has said that Washington wants to see India rising and become a global economic engine, and that is why the ambitious target of increasing bilateral trade between the two nations five-fold to 500 billion dollars is apt.
New York, Sept 2 - Along with being in the race of top Presidential candidate, Hillary Clinton is now taking over the fashion industry as well, as she is the new much talked about diva in the industry.
Though in the past, the 67-year-old Presidential candidate has been vilified for her pantsuits, now the industry is throwing out its spindly arms towards her, reports Nymag. com.
According to sources, Clinton is excelling in her fashion skills as not only she has the best campaign swag but is also supported by Wintour, Donna Karan and Tory Burch.
Further, it is also being rumoured that the Presidential candidate will soon star on the cover of Vouge magazine as she was seen mingling with Valentino and Ralph Lauren at a DVF event in July. (ANI)
Washington/New Delhi, Aug. 31 - The United States has extended the anti-dumping duty on Indian preserved mushrooms for another five years.
The US International Trade Commission has extended the restrictive duty on this item, and according to reports, this is likely to impact domestic exporters as the US is a major export destination for India.
In 2014-15, India exported mushrooms worth 16.08 million dollars and during April-May this fiscal the exports aggregated at 1.63 million dollars.
Punjab, Haryana, Himachal Pradesh, Uttar Pradesh, Rajasthan and Jammu and Kashmir are the major states that produce this item.
Indian mushrooms are exported to the U. S., UAE, Russia and Israel. (ANI)
New York, Aug. 28 - Seems like turmoil is heading towards the luxury brands globally as these big players of the fashion industry are getting hit by protests and low stock prices.
Tabloid media revealed that a member of People for the Ethical Treatment of Animals (PETA) recently protested in front a Burberry's boutique by standing on fur and covering herself with artificial blood, the Business Insider reported.
Another problem, which is making its way towards the fashion industry is the steeping stock prices of major brands across the globe.
Washington : Iran's intelligence agencies have penetrated CIA front companies, executed Western agents and captured a sophisticated US drone.
So why should anyone believe American intelligence officials when they express confidence that they can monitor Iran's compliance with the just-completed nuclear agreement?
The main reason, according to a classified joint intelligence assessment presented to Congress, is that the deal requires Iran to provide an unprecedented volume of information about nearly every aspect of its existing nuclear program, which Iran insists is peaceful.
That data will make checking on compliance easier, officials say, because it will shrink Iran's capacity to hide a covert weapons program.
Washington/Mumbai, Aug.6 - A senior British diplomat posted in Mumbai, India, has said that the David Cameron-led Conservative Party Government is committed to supporting India's growth ambitions, and in helping to bring capital from around the world to invest in the 'Make in India' scheme introduced and promoted by Prime Minister Narendra Modi.
Mr. Kumar Iyer, Britain's Deputy High Commissioner in Mumbai and Director General UK Trade and Investment, praising India for supporting the first international green bond for climate friendly investment to float in the India market, said, "This bond is the latest in a series Rupee denominated issuances pioneered in London and in which London is leading the way."
Washington, July 27 - Regulators in the United States have imposed a record fine of USD 105 million on Fiat Chrysler over recall failures.
Reports quoted the National Highway Traffic Safety Administration, as saying that Fiat Chrysler will also offer to buy back as many as 1.5 million vehicles, and that an independent monitor will audit the US-Italian company's recall performance for three years.
The firm had earlier announced another recall over software faults in one of its models.
The USD 105 million fine overtakes the NHTSA's previous fine record of USD 70 million on Japanese car maker Honda in January this year.
Washington, July 25 - Online giant Amazon's shares have closed 9.8 percent higher after it posted an unexpected profit on Thursday.
A BBC report said that Amazon reported a USD 92 million profit for the three months to June 30, surprising investors who had expected another loss. Sales rose by 20 percent to almost USD 23.2 billion.
The company's stock has also risen by 78 percent since the start of the year.
Amazon has not often reported a profit and last did so for the fourth quarter of 2014. (ANI)
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