Soma Venkat, the Senior Vice President and Chief Information Officer (CIO) at Cooper Standard, has been honored with a 2023 Michigan ORBIE Award. The accolade was presented at The Henry in Dearborn, Michigan, as part of the Michigan ORBIE honors ceremony. Venkat received recognition in the Global ORBIE Award category for enterprises with yearly revenue exceeding $2 billion and multinational operations, acknowledging his contributions at Cooper Standard. As the CIO, Venkat is responsible for formulating and executing the company’s global IT strategy. He oversees all aspects of the company’s IT initiatives, ensuring alignment with business objectives, promoting digital transformation, and…
Author: Shradhanjali Mukherjee
Shradhanjali Mukherjee
Salina Shah
Vivek Ramaswamy, the Republican presidential candidate of Indian American descent, is facing a setback as one of his key aides, Brian Swensen, resigns to join Donald Trump’s campaign. Swensen, who served as the national political director for Ramaswamy, is set to contribute to Trump’s political operations in early-voting states, particularly Nevada, as reported by CNN. Despite being only months away from the primary elections, Swensen’s departure is seen as a significant shift. Tricia McLaughlin, a spokesperson for the Ramaswamy campaign, expressed good wishes for Swensen’s new role, stating that his exit is deemed beneficial for both campaigns. In the realm…
India and the United States are set to collaborate on launching a joint microwave remote sensing satellite, named NASA-ISRO Synthetic Aperture Radar (NISAR), for Earth observation in early 2024. Dr. Jitendra Singh, the Union Minister, disclosed this development after a meeting with a delegation from NASA led by Administrator Bill Nelson. The satellite, designed to operate on a Geosynchronous Satellite Launch Vehicle (GSLV) under the Indian Space Research Organisation (ISRO), will provide data for studying land ecosystems, solid earth deformation, mountain and polar cryosphere, as well as sea ice and coastal oceans on a regional to global scale. Administrator Bill…
Shivinder Singh, an Indian American entrepreneur, has declared his candidacy for the Yorba Linda City Council in northeastern Orange County, California. Currently serving as the chair pro tem of the Yorba Linda planning commission, Singh aims to leverage his extensive leadership and community involvement to uphold Yorba Linda’s reputation as the “Land of Gracious Living.” Singh’s priorities encompass preserving local government authority, property and equestrian rights, parental rights, public safety, economic development, accountability, and openness. His vision includes fostering community engagement through empowerment and education. With a commitment to uniting residents and safeguarding Yorba Linda’s heritage, Singh strives to maintain…
In October, Indian engineering exports witnessed a significant uptick to 18 key markets, with positive growth recorded in countries such as the UK, the US, and the UAE, as per the Engineering Exports Promotion Council (EEPC) India. Notably, the US experienced a 2.2% increase in engineering exports, reaching $1391.5 million compared to $1361 million the previous year. Germany also displayed robust growth with a 20% surge, totaling $342.7 million in October. Conversely, countries like China, Italy, Singapore, and Indonesia reported a decline in engineering shipments. The engineering exports to the UAE saw a 2.9% annual rise, reaching $348.6 million. Overall,…
Prime Minister Narendra Modi responded to Indian American entrepreneur Balaji S Srinivasan’s post on X, acknowledging the optimism within the entrepreneurial community about India as an investment destination. Srinivasan, emphasizing India’s potential as a global investment hub, highlighted its emergence as an attractive start-up destination. Expressing appreciation for Srinivasan’s positive outlook, PM Modi welcomed global investment in India, emphasizing the innovative spirit of the Indian people. In response to Srinivasan’s investment, Modi affirmed, “India won’t disappoint.” Srinivasan, known for co-founding Counsyl, a genetic testing company, and holding roles as the former CTO of Coinbase and a former general partner at…
India is poised to grant initial approval for three major indigenous projects worth approximately Rs. 1.4 trillion (US$ 17 billion). These projects encompass the construction of an additional aircraft carrier, 97 Tejas fighters, and 156 Prachand light combat helicopters. Scheduled for November 30, 2023, the Defence Acquisitions Council, led by Defence Minister Rajnath Singh, is expected to initiate the “acceptance of necessity (AoN)” during a meeting. Following AoNs, the procurement process, including tender and commercial negotiations, will proceed. The final approval will be sought from the Cabinet Committee on Security. One project involves 97 Tejas Mark-1A fighters, costing around Rs.…
The Healthcare Technology Report recently unveiled its Top 25 Women Leaders in Biotechnology for 2023, featuring five Indian-Americans: Brinda Balakrishna, Rachna Khosla, Avni Santani, Sulagna Bhattacharya, and Shreya Jani. Recognized for their contributions to global health programs, they lead successful biotech companies. Brinda Balakrishna, BioMarin Pharmaceutical’s Chief Business Development Officer, has been pivotal in global biotech initiatives, leveraging experience from Vision Medicines. With backgrounds at McKinsey & Genzyme, she holds degrees from MIT and Harvard Medical School. Rachna Khosla, Amgen’s Senior VP of Business Development since September 2021, drives success through strategic partnerships. Her extensive experience includes roles at Lazard,…
S&P Global Ratings has revised its GDP growth projection for India in FY2024 to 6.4%, up from the previous estimate of 6%, citing the influence of robust domestic factors despite challenges. Conversely, the GDP growth forecast for FY2025 has been lowered to 6.4% from 6.9%, reflecting expectations of a slowdown in the latter half. S&P notes that India’s GDP has exceeded 2019 levels by 15.5%, with fixed investment exhibiting more significant recovery than private consumer spending. The agency anticipates a gradual reduction in India’s interest rates, foreseeing a decline of 100 basis points by March 2024, although this projection is…
In his recent YouTube video titled ‘World Cup 2023: A Reflection,’ R Ashwin extensively analyzed the strategic brilliance displayed by the captain who led the victorious 2023 ICC Men’s Cricket World Cup campaign. Ashwin specifically focused on dissecting the remarkable tactics employed by Pat Cummins, the captain, during the final match to effectively control the opposition’s batters. Cummins’ decision to send India in to bat after winning the toss proved to be pivotal in the outcome of the match. The Australian skipper, bowling his complete 10-over quota, conceded only 34 runs and secured crucial wickets, including those of Shreyas Iyer…
