Author: Malavika Subramanyan

Indian American Akhil Shrivastava has been named Executive Vice President and Chief Financial Officer of Estée Lauder Companies Inc., starting November 1. Shrivastava, a Delhi University graduate, will report directly to Executive Chairman William P. Lauder and President and CEO Fabrizio Freda. Fabrizio Freda praised Shrivastava’s over 25 years of financial and leadership expertise, emphasizing his crucial role in steering the company’s strategic initiatives. Freda expressed enthusiasm about collaborating with Shrivastava to enhance the company’s profitability and sales growth. In his new role, Shrivastava will oversee the company’s Global Finance, Accounting, Tax, Treasury, Investor Relations, and New Business Development. He…

Indian wrestler Vinesh Phogat, disqualified from the 50 kg freestyle final at the Paris 2024 Olympics, is gearing up to contest the ruling with the Court of Arbitration for Sport (CAS). Phogat, 29, was disqualified after weighing in slightly over the limit on the day of the final, resulting in her returning home without a medal. She is now seeking a reversal of this decision through an appeal with CAS. The court has requested until Thursday at 11:30 am IST to deliver its final decision. Should CAS rule in Phogat’s favor, the International Olympic Committee will be required to award…

Kamala Harris, the Democratic nominee for the US presidency, has chosen Minnesota Governor Tim Walz as her running mate. Walz, a former Congressman, army veteran, teacher, and football coach, hails from a small town in the American Midwest. This selection aims to challenge the Donald Trump-JD Vance Republican ticket. On Tuesday morning, Harris made the announcement on Instagram, expressing her pride in selecting Walz. She emphasized his deep commitment to middle-class families and noted that his values resonated with her on a personal level. Tim Walz, who leads the Democratic Governors Association, was not widely known nationally until recently. Three…

On Monday, August 5, global markets took a dramatic dive, sending shockwaves through financial hubs worldwide. However, on Tuesday, August 6, there were signs of recovery as investors hoped for prompt rate cuts by central banks to bolster economic stability and market confidence. On August 5, key U.S. indices, including the Nasdaq, S&P 500, and Dow Jones, alongside major European markets like the UK’s FTSE, France’s CAC 40, and Germany’s DAX, suffered substantial losses. The Nasdaq, S&P 500, and Dow Jones all dropped by approximately 3%, while the FTSE, DAX, and CAC 40 fell by up to 2%. This decline…

Two Indian American high school students from California partnered with Suvidha Vikas Trust and Jagruthi in India, as well as the USA-based Suvidha International Foundation, to organize a free mega medical camp. This event aimed to provide comprehensive health check-ups directly to impoverished patients’ doorsteps. The camp took place on July 21, 2024, at M.P Primary School in Ashtnagurthi Village, Wyra Mandal, Khammam District, Telangana, India. Over 400 patients attended, seeking assistance for various health issues, and were examined by a panel of doctors who also distributed free medicines. Abhiram Dhulipala and Sriram Vempati, high school students from Granite Bay…

On Friday, Telangana Chief Minister A Revanth Reddy announced plans for a new international cricket stadium in Hyderabad. This stadium will be located at Begarikancha on the city’s outskirts, where the foundation for Young India Skills University was laid the previous day. Reddy informed the state Assembly that initial talks about the proposed stadium had already taken place with the Board of Control for Cricket in India (BCCI). He emphasized the state government’s commitment to promoting sports and mentioned that a new sports policy would soon be announced, inspired by Haryana’s sports policy. For the fiscal year 2024-25, the state…

As US Vice President Kamala Harris’s ethnic identity becomes a focal point in the political arena, Indian-American Republican Vivek Ramaswamy has criticized her for allegedly using her Indian heritage selectively. Amidst Donald Trump’s racial jabs, Ramaswamy has argued that Harris has abandoned her Indian roots, causing offense among some Indian Americans. In a Fox News interview, he stated, “Many Indian-Americans are somewhat offended by how Kamala has seemingly disregarded her Indian-American identity.” Ramaswamy pointed out that Harris previously emphasized her Indian-American background when she was running for office in California, but he believes she now adopts a different persona for…

Only electronic registrations submitted during the March 2024 registration window for FY 2025 are eligible for the second selection round, confirmed by USCIS. However, this round will not include the advanced degree exemption, or “master’s cap,” as sufficient petitions were already received to meet the FY 2025 allocation. The second selection will consider registrations indicating eligibility for both the master’s cap and the regular H-1B cap. USCIS will announce when the selections are finalized, and the results will be accessible in the corresponding USCIS accounts. The annual H-1B cap limits new visas to 85,000 per fiscal year. When more registrations…

India, along with 13 other partners of the Indo-Pacific Economic Framework (IPEF), has inaugurated three essential bodies to boost supply chain resilience. This initiative, outlined in the IPEF Agreement, marks a pivotal moment in enhancing regional supply chain stability. The Ministry of Commerce and Industry reported that the initial virtual meetings of the Supply Chain Council (SCC), Crisis Response Network (CRN), and Labor Rights Advisory Board (LRAB) are significant milestones in fostering cooperation among member nations. These bodies aim to reinforce supply chain resilience and competitiveness. In their first meetings, the 14 IPEF partners reaffirmed their dedication to improving supply…

On Tuesday, Elon Musk criticized Google for displaying results related to Kamala Harris when users searched for Donald Trump. This followed Musk’s previous day’s concern about the lack of search results on an assassination attempt on Trump. The Tesla CEO took to X, sharing posts where users expressed frustration about finding news on US presidential candidate Kamala Harris instead of Donald Trump. One user shared a screenshot of a Google News search for “Donald Trump,” which had been altered to “Harris, Donald Trump,” resulting in news favoring Harris over Trump. After media coverage of this issue, search results changed to…