The recent ICC Men’s Cricket World Cup left a substantial imprint on India’s economy, as revealed by the “ICC Cricket World Cup: A boost to India’s economy” report from the Mastercard Economics Institute. The tournament notably elevated spending by foreign tourists, particularly in sectors like hospitality and dining. Despite Australia clinching victory in the finals, the Indian economy emerged as a substantial beneficiary. Key matches, including India vs Pakistan, India vs England, and the final clash against Australia, witnessed a remarkable surge in spending by foreign tourists. Host cities’ quick-service restaurants experienced significant cross-border spending, with some recording over 300%…
Author: Malavika Subramanyan
Securonix, a leading cybersecurity firm, has appointed two Indian Americans to key roles: Venkat Kotla as Chief Technology Officer and Biju Muduli as Chief Marketing Officer. Kotla, a former Google executive, will lead engineering and technology partnerships, leveraging his experience at Atlassian and Google. Muduli, former Chief Marketing Officer at Onapsis, will drive marketing initiatives to strengthen Securonix’s position in the cybersecurity industry. Nayaki Nayyar, Securonix CEO, expresses excitement about their valuable contributions, emphasizing the company’s commitment to innovation and growth. Venkat Kotla, with over 25 years of experience, brings expertise in engineering innovation from his roles at Atlassian and…
In the ongoing fiscal year 2022-23, India’s services exports have achieved a commendable milestone, amounting to US$ 192 billion as of December 13, 2023. This accomplishment positions the sector well on track to meet its ambitious target of US$ 400 billion by the conclusion of the financial year 2023-24, according to information provided by the Services Export Promotion Council (SEPC). Noteworthy contributors to this growth include sectors such as telecom, computers, information, transport, and travel. The SEPC is actively formulating strategic initiatives to propel further expansion within the services sector. The latest report reveals that the services sector’s performance stands…
The Arena Group (TAG), the parent company of U.S. sports publication Sports Illustrated (SI), has appointed Manoj Bhargava as the interim CEO following the termination of CEO Sam Levinsohn. Levinsohn was dismissed amid an AI scandal revealed in an investigative report that disclosed the use of AI to generate content in SI articles, including author identities. In a statement, TAG’s board of directors revealed the termination of Levinsohn’s employment, effective immediately, stating their commitment to improving the company’s operational efficiency and revenue. Bhargava, founder of 5-hour ENERGY and owner of Bridge Media Networks, has been named the interim Chief Executive…
Prime Minister Narendra Modi has issued a call to action, urging both institutions and individuals to collaborate in propelling India into a developed nation by 2047. The launch of the Viksit Bharat @2047 initiative marked the commencement of this transformative endeavor, with Modi highlighting the current opportune moment for a significant leap in India’s trajectory. Reflecting on the historical significance, he urged all entities to contribute to this vision, drawing inspiration from the era of the freedom struggle. Modi emphasized the need for a collective effort, echoing the spirit of the freedom movement that gave rise to institutions like Visva…
Dr. Sachin H. Jain, the Indian American CEO of the SCAN Group and SCAN Health Plan, has earned recognition from Modern Healthcare as one of the 100 Most Influential People in Healthcare for 2023. Expressing gratitude for this honor, Dr. Jain emphasizes the collective dedication to improving healthcare. Modern Healthcare’s prestigious program highlights influential figures based on leadership and impact, acknowledging those who have significantly contributed to the industry. As a healthcare innovator and advocate for over a decade, Dr. Jain has consistently advocated for “radical common sense” reforms to enhance patient care within the U.S. healthcare system. Leading SCAN,…
During a video conferencing session, Prime Minister Narendra Modi launched the ‘Viksit Bharat @2047: Voice of Youth’ initiative, directing his remarks to Vice Chancellors, Heads of Institutes, and faculty members participating in workshops organized at Raj Bhavan across the nation. Expressing appreciation to the Governors for their role in coordinating the workshops, the Prime Minister underscored the pivotal role of educational institutions in fostering comprehensive development at both individual and national levels. He seized upon the present moment as an opportune period in India’s history for a substantial leap in development, urging educators to formulate strategies aimed at achieving a…
Indian Americans Bela Bajaria and Mindy Kaling have secured positions on The Hollywood Reporter’s ‘2023 Women in Entertainment Power 100’ list, acknowledging their contributions to Hollywood’s resurgence and record-breaking success at the box office. Bajaria, Netflix’s chief content officer since 2016, has played a pivotal role in the platform’s triumphs, overseeing a $17 billion annual content budget and managing global teams. Notable successes include popular shows like ‘Bridgerton,’ ‘The Queen’s Gambit,’ ‘Lupin,’ and ‘Cobra Kai.’ In the past year, she delivered hits such as ‘The Night Agent’ and ‘Wednesday,’ the latter becoming Netflix’s most-watched English-language original and earning three Emmy…
Pranesh Aswath, an Indian American, takes on the role of provost and executive vice president for academic affairs at Texas State University (TXST). With 33 years of academic and administrative experience at the University of Texas at Arlington (UTA), Aswath served in various capacities, including vice provost and interim provost. His responsibilities at TXST involve evaluating academic structures, policies, and resource allocation, aligning efforts to meet the university’s goals, and efficiently implementing academic priorities. Aswath, recognized for his contributions, expresses enthusiasm about joining TXST and aims to enhance the academic experience through collaboration and innovation. Aswath’s distinguished career includes honors…
Sandeep Reddy Vanga’s recent film, “Animal,” stirred intense online discussions and became a topic in Congress MP Ranjeet Ranjan’s powerful speech in the Rajya Sabha. Despite a remarkable global box office earnings of 6.78 million dollars in its first week, the film faced controversy over its portrayal of violence and misogyny. Ranjeet Ranjan emerged as a vocal critic during a parliamentary debate, expressing concerns about the film’s potential impact on the youth. She recounted a distressing incident involving her daughter and other children, leading her to leave the theater midway. Ranjan urged the entertainment industry to recognize its societal responsibility…