Ajay Banga is one of the nine members of the Commission on Enhancing National Cybersecurity appointed by Obama, a White House announcement said.
Ajay Banga, Board Member & CEO, MasterCard and John Chambers, Executive Chairman, CISCO are bullish on India and expect investments of around USD 40 billion in two-three years.
Banga met Modi in his capacity as chairman of US India Business Council, the apex business advocacy group of American businesses having footprint in India. "I want to see improvement in GST. I want to see ability to buy land. I would like to see improvement in the ease in doing business. Because these are all important," he said
Making a strong case for India's membership in the Asia-Pacific Economic Cooperation (APEC), a former Australian Prime Minister and a top US corporate leader have said the forum would help it achieve its economic potential and bolster its Act East policy.
It is the "right time" for India to join the APEC bloc and become fully integrated into the global economy, a former Australian Prime Minister and a top US corporate leader have said, noting that India's growth potential is simply too important to ignore.
Arun Jaitley made the remarks at a dinner reception hosted in his honour at the Indian Embassy which was attended by many senior Obama Administration officials and senior ministers. It is rare for so many administration bigwigs, including three cabinet rank ministers, to attend a reception for a visiting Indian minister.
The announcement came along with several other appointments to key administration posts.
US India Business Council (USIBC) chairman Ajay Banga has been involved in an effort to make lawmakers aware of the provisions of the immigration visas, in particular those related to H-1B and L-1.
MasterCard's India-born CEO Ajay Banga and ICICI Bank chief Chanda Kochhar have been named by Fortune magazine among the '2012 Businesspersons of the Year', an annual ranking of 50 global leaders who are "the best in business".
MasterCard's India-born President and CEO Ajay Banga today said India is a "more exciting" market than China for the cards and payment giant and the company is focused on shifting as many consumers in India as possible from cash to the electronic payment system.
MasterCard Inc's fourth-quarter profit soared 41%, beating expectations, as consumers around the world spent more money using credit and debit cards.