Apple to America – Fuck You!

Those Jobs aren’t coming back. Steve Jobs to Barack Obama on bringing back some Apple manufacturing jobs from China to America With $121.3 billion in the bank, Apple plans to invest a mere $100 million in American manufacturing. That’s a piddling 0.082% of Apple’s mega cash hoard, the big chunk of which is stashed away […]

OMG, Murugan Idli Shop gets U.S. Trademark

Murugan Idli Shop, a famous chain of Idli restaurants in Tamil Nadu, has secured a U.S. trademark, presumably as the first step to setting up shop in America either directly or through franchisees. Why not? After all, the Saravana Bhavans, Anjappars and a countless Udupi restaurants are already raking in the moolah in different states […]

Mallya Takes His U.S. IT Firm UBICS Private

Indian liquor baron Vijay Mallya has completed the process of taking his U.S. IT services company UBICS private. The process of taking UBICS private was accomplished through what’s called “a short-form merger under Delaware law.” Like countless other American companies, UBICS too is incorporated in the mid-Atlantic state of Delaware on the U.S. East Coast […]

Guilty! Greedy Desi Millionaire Crook Rajat Gupta with $130m & 3 Homes Going to Jail

A federal jury in New York City today found former McKinsey chief Rajat Gupta guilty of insider trading. The jury convicted Gupta on three counts of securities fraud and one count of conspiracy. A close business associate of the jailed hedge fund billionaire Raj Rajaratnam, Gupta passed along confidential corporate information to Rajaratnam who then […]