Author: Senjuti Bhattacharya

India emerges as a pivotal player in the forthcoming surge of wealth creation in the East, as per a report by BNN, with BRICS nations expecting an 85% rise in millionaires by 2034. This anticipation foresees a potential US$ 271.1 billion (Rs. 22.5 trillion) increase in India’s investable wealth. The surge is fueled by a vibrant entrepreneurial environment, technological advancements, and economic prowess. The BRICS consortium, undergoing significant transformation with the inclusion of five new members, reflects the escalating influence of Middle Eastern and African nations on the global economic stage. In a recent meeting held in Tehran, Iranian Foreign…

In anticipation of the upcoming second season of Major League Cricket (MLC) in the United States, the Washington Freedom team has appointed renowned cricketer Ricky Ponting as its new head coach. Sanjay Govil, the Indian American entrepreneur who owns the team, expressed confidence that Ponting’s appointment would contribute to the positive growth of Major League Cricket and align with the league’s objectives. Govil reflected on the success of MLC’s inaugural season and emphasized the league’s commitment to advancing cricket in the USA, highlighting plans to build upon last year’s groundwork. Ponting shared his enthusiasm for joining the Washington Freedom in…

Deepak Bhargava, an Indian American social activist, assumed the role of president at the JPB Foundation, a major grant-making organization in the United States. In his new capacity, Bhargava aims to leverage philanthropy to bolster the advancement of multiracial democracy and its associated institutions and practices. Expressing enthusiasm for his new position, Bhargava shared his excitement on LinkedIn, emphasizing the pivotal moment for the nation and the world. With expertise in social justice movements, Bhargava co-founded Leadership for Democracy and Social Justice, dedicated to training and supporting early and mid-career social change workers, particularly individuals from marginalized backgrounds. He also…

India expressed gratitude for Qatar’s decision to release eight former Indian Navy personnel, previously sentenced to death, with seven having returned home. The Ministry of External Affairs (MEA) lauded Qatar’s Amir for facilitating their release, following diplomatic negotiations between the two nations. Earlier, the death sentences of the Indian Navy veterans were commuted to prolonged prison terms after bilateral discussions. Out of the eight imprisoned individuals, seven have returned to India, with arrangements underway for the remaining one. These former Indian Navy officers were detained in Qatar in 2022 over allegations of espionage related to a submarine program, facing charges…

The Mood of the Nation survey conducted by CVoter and the India Today group indicates that Union Home Minister Amit Shah and Uttar Pradesh Chief Minister Yogi Adityanath are perceived as the most suitable leaders to succeed Prime Minister Narendra Modi. It credits Modi’s charismatic appeal for driving the BJP-led National Democratic Alliance (NDA) to success in past Assembly elections and the 2019 Lok Sabha polls. Projections from the survey suggest that the NDA is likely to secure 335 seats in the upcoming Lok Sabha elections, marking a decrease from its previous tally of 353 seats in 2019. Conversely, the…

The US-India Business Council (USIBC) has named Inderpreet Sawhney and Lakshmanan Chidambaram to its global board of directors. Sawhney, currently serving as the group general counsel and chief compliance officer at Infosys, brings over 25 years of experience in legal and compliance roles within the IT industry. She has held significant positions in both large IT services firms and law firms, demonstrating leadership and expertise in privacy, data protection, and general counsel responsibilities. Recognized for her achievements, Sawhney has received awards for her commitment to advancing women in law and has been honored as one of the top women leaders…

Ronak M. Jani, the Managing Director of the Jani Group of Companies and an Indian American, has been appointed to the External Advisory Board (EAB) of the University of California Merced (UC Merced). In his new capacity, Jani offers strategic guidance leveraging his extensive expertise in the finance sector, aiming to enhance the university’s leadership, as outlined in a press release from the institution. Expressing his enthusiasm, Jani affirmed his commitment to supporting UC Merced’s mission of delivering top-tier education to students from diverse backgrounds. He emphasized the university’s potential as a hub for innovation and pledged to assist in…

Microsoft has appointed Vik Singh, of Indian origin, as the corporate vice president overseeing generative AI and enterprise products. Prior to this role, Singh was the CEO and co-founder of Infer, a prominent predictive sales and marketing platform. Additionally, he has been actively involved as an investor and advisor to various AI startups. Previously, Singh held the position of entrepreneur in residence at Sutter Hill Ventures (SHV), where he played a key role in identifying potential ventures and evaluating early-stage investments. He also contributed significantly to the creation and development of Yahoo! BOSS, an open search platform powering services like…

Recent reports from official sources indicate a surge in interest among both Indians and Non-Resident Indians (NRIs) in acquiring property in Ayodhya, often referred to as the ‘Hindu Vatican’ following the inauguration of the Ram temple last month. This newfound attraction to the holy city is exemplified by Bollywood superstar Amitabh Bachchan’s acquisition of a plot in Ayodhya. While private companies and real estate agents are actively participating in this trend, the government schemes are witnessing a notable influx of NRIs. Authorities emphasize the need for formal authorization letters through embassies for those claiming to represent countries in property dealings,…

Infogain, a digital engineering firm based in Silicon Valley, has announced the appointment of Dinesh Venugopal as its CEO, effective February 8. Previously the CEO of PK, an experienced engineering company acquired by Concentrix, Venugopal later served as the president of Concentrix Catalyst. With over a decade of experience at Mphasis, Venugopal held various roles, including president of direct and digital, as highlighted in a press release. He succeeds Ayan Mukerji, who initially joined Infogain as the chief operating officer in 2018, later taking on the role of CEO in 2021. Expressing his thoughts on the appointment, Venugopal stated, “Infogain’s…