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Indian stock markets lead in 2023 IPO count: EY Report

Indian stock markets lead in 2023 IPO count: EY Report India emerged as a global leader in initial public offerings (IPOs) for 2023, securing the top spot worldwide with no cross-border deals reported, as per a recent EY report. During the final quarter of 2023, both the Bombay Stock Exchange (BSE) and the National Stock Exchange (NSE) of India witnessed a significant surge in IPOs, totaling 92 launches. Notably, the primary markets saw a remarkable uptick, with BSE and NSE recording 31 IPOs (including one InvIT) in Q4 2023, marking a substantial 72% increase over the same period in 2022 and a nota ..... Read More

Amitabh Bachchan: 55 years in Bollywood, shares AI avatar.

Amitabh Bachchan: 55 years in Bollywood, shares AI avatar. Amitabh Bachchan, a stalwart of Bollywood, celebrates 55 years in the film industry since his debut in 1969 with “Saat Hindustani,” earning a National Film Award nomination for Best Newcomer for his portrayal of Anwar Ali. Displaying his adaptability with the times, Bachchan unveils his artificial intelligence avatar on social media, featuring AI-generated images portraying him with a camera lens for an eye and film reels emerging from his head, shared on X (formerly Twitter) on February 17. In 1969, he also lent his voice to “Bhuvan Shome,” ..... Read More

Amit Shah: Modi’s inclusive policy boosts Arunachal’s economy

Amit Shah: Modi’s inclusive policy boosts Arunachal’s economy On the occasion of Arunachal Pradesh’s 38th Statehood Day, Union Home Minister Amit Shah praised Prime Minister Narendra Modi’s policy of inclusive development, citing its significant role in unleashing the state’s economic potential. Known as ‘The Land of the Rising Sun,’ Arunachal Pradesh received warm wishes from Shah via his official platform, formerly known as Twitter, as he expressed hopes for continued progress and prosperity under the leadership of Chief Minister Pema Khandu. Additionally, Shah extended his greetings to the people of M ..... Read More

Amitabh Bachchan: 55 years in Bollywood, shares AI avatar

Amitabh Bachchan: 55 years in Bollywood, shares AI avatar Amitabh Bachchan, a stalwart of Bollywood, celebrates 55 years in the film industry since his debut in 1969 with “Saat Hindustani,” earning a National Film Award nomination for Best Newcomer for his portrayal of Anwar Ali. Displaying his adaptability with the times, Bachchan unveils his artificial intelligence avatar on social media, featuring AI-generated images portraying him with a camera lens for an eye and film reels emerging from his head, shared on X (formerly Twitter) on February 17. In 1969, he also lent his voice to “Bhuvan Shome,” ..... Read More

Farhan Gandhi named NC State’s Distinguished Professor

Farhan Gandhi named NC State’s Distinguished Professor Renowned Indian American professor Farhan Gandhi, recognized for his pioneering work in eVTOL (electric vertical take-off and landing) aircraft technologies, has been appointed as a Distinguished Professor at NC State University. The prestigious Hassan A. Hassan distinguished professorship, established in honor of the late aerospace engineering luminary, marks a significant milestone in the Department of Mechanical and Aerospace Engineering. Professor Hassan, who dedicated over five decades to NC State, played a pivotal role in shaping the aer ..... Read More

Nikki Haley pledges to fortify India alliance if elected

Nikki Haley pledges to fortify India alliance if elected Nikki Haley, an Indian-American Republican presidential candidate, has articulated her plans to reinforce alliances with NATO and various other nations, including India, Australia, Japan, South Korea, and the Philippines, should she win the presidential election. As the sole contender against Trump in the Republican Party’s 2024 presidential nomination race, Haley responded to Trump’s remarks in South Carolina, where he implied support for Russia taking action against NATO members failing to meet defense spending criteria. Expressing apprehens ..... Read More

Natasha Dalal Expecting First Child, Varun Dhawan Announces

Natasha Dalal Expecting First Child, Varun Dhawan Announces Varun Dhawan is soon to become a father as his wife Natasha Dalal is expecting their first child, as announced through a heartwarming maternity photoshoot. On Sunday, Varun Dhawan shared the joyous news of his wife Natasha Dalal’s pregnancy, marking the anticipation of their first child. The couple, who exchanged vows on January 24, 2021, are now eagerly awaiting the new addition to their family. In the shared monochrome snapshot captured inside their Mumbai residence, Natasha and Varun are captured alongside their pet dog Joey. In the tender ..... Read More

Hemant Dhingra joins California medical board

Hemant Dhingra joins California medical board Gavin Newsom, Governor of California, has recently named Hemant Dhingra, an Indian American nephrologist, to the Medical Board of California, responsible for licensing and supervising doctors statewide. Currently residing in Clovis, Dhingra holds the position of chief medical staff at Saint Agnes Medical Center in Fresno. Additionally, he serves as the president and CEO of KareWell Health, a prominent kidney care value-based organization in Central California. With expertise in interventional nephrology, Dhingra has previously served as a boar ..... Read More

French Senate Chairman Strengthens Ties with India

French Senate Chairman Strengthens Ties with India Gerard Larcher, the Chairman of the French Senate, along with a delegation of five senators, is visiting India on February 19 and 20, 2024, as announced by the French Embassy in India. The purpose of the visit is to bolster bilateral relations and parliamentary cooperation between France and India. Accompanying Larcher are five senators who are part of the Senate’s Foreign Affairs and Defense Committee or the France-India Friendship Group. This signifies the initial official trip to India by the head of the French Senate, the upper chamber of ..... Read More

First Gen Z Indian-American vying for Georgia Senate seat

First Gen Z Indian-American vying for Georgia Senate seat Ashwin Ramaswami, hailing from a Tamil Nadu immigrant family, represents a significant milestone as the first Indian-American of Generation Z to vie for a State or federal legislature in the United States. At 24, his bid for Georgia State Senate District 48 underlines a fresh wave of youthful politicians emerging within the community. His narrative embodies the quintessential American Dream as the offspring of parents who migrated to the U.S. in 1990. A voice of his generation, Ramaswami aims to champion equality of opportunity, drawing from h ..... Read More

Deepthi Ravula appointed as Eisenhower fellow

Deepthi Ravula appointed as Eisenhower fellow Deepthi Ravula, CEO of WE Hub foundation, has been chosen as an Eisenhower fellow, leading the charge in empowering women entrepreneurs through the startup incubator. Among the 22 global leaders selected for the 2024 program, Ravula is the sole representative from India. During the six-week program, fellows will engage in extensive travel across the United States, meeting with experts in their respective fields. Upon their return home on May 16, they will apply their newfound knowledge to implement individualized projects aimed at fostering po ..... Read More

White House Vigilant on Protecting Indian Students

White House Vigilant on Protecting Indian Students In recent weeks, there have been reports of at least four Indian American students tragically losing their lives, with Indian-origin individuals, including Sikhs, reportedly being targeted in some instances. The White House has conveyed that President Joe Biden and his administration are diligently working to prevent and disrupt attacks on Indian and Indian American students. John Kirby, the coordinator for strategic communications at the National Security Council, emphasized this effort in response to the string of attacks. The incidents inc ..... Read More

India, Colombia ink MoU for sharing digital infrastructure

India, Colombia ink MoU for sharing digital infrastructure India and Colombia have inked a Memorandum of Understanding (MoU) to collaborate on sharing successful digital solutions aimed at achieving large-scale digital transformation. India’s MeitY and Colombia’s Information Technologies and Communications department facilitate the agreement, highlighting India’s digital infrastructure’s global potential. India’s strides in developing robust digital public goods infrastructure serve as exemplars with transformative potential worldwide. Initiatives like UPI, Jan Dhan, Aadhar, CoWin, and ONDC represent ..... Read More

Chintan Patel joins Indian American Impact as executive director

Chintan Patel joins Indian American Impact as executive director Indian American Impact, a group dedicated to empowering South Asian and Indian American communities in the US, has appointed Chintan Patel as its fourth executive director. Patel, an experienced campaign and political strategist, takes over from Neil Makhija, who transitions from the role of third executive director to president. Patel’s leadership will guide Indian American Impact through the upcoming 2024 elections and beyond, as per a statement by Impact. With more than fifteen years of experience in grassroots organizing and political camp ..... Read More

Alia Bhatt on choosing films: ‘I don’t fit every role’

Alia Bhatt on choosing films: ‘I don’t fit every role’ Alia Bhatt shared her approach to evaluating scripts, determining whether to act in or produce them through her company, Eternal Sunshine Productions. While her company has backed three projects since its inception in 2021, only two, “Darlings” and “Jigra,” feature her as the lead, leaving “Poachers” without her on-screen presence. When it comes to decision-making, Bhatt emphasizes the importance of assessing her suitability for a role. She acknowledges that not every part aligns with her capabilities, prompting her to consider various factors, ..... Read More

10 Indian Americans join National Academy of Engineering

10 Indian Americans join National Academy of Engineering Sethuraman Panchanathan, the director of the National Science Foundation, along with nine other Indian Americans, has been elected to the esteemed National Academy of Engineering (NAE), known for its leadership in engineering service to the nation. Among the new international members, Thalappil Pradeep, the Deepak Parekh Institute Chair Professor and a professor of chemistry at the Indian Institute of Technology Madras, Chennai, India, stands out as one of the 21 distinguished individuals. With this addition, the NAE now boasts a total US mem ..... Read More

IIT-Madras Professor Named to US Engineering Academy

IIT-Madras Professor Named to US Engineering Academy Professor Thalappil Pradeep from the Indian Institute of Technology Madras (IIT Madras) has been elected to the United States National Academy of Engineering (NAE). This accolade marks him as the 23rd foreign member from India to receive this honor. The induction ceremony is scheduled to take place during the NAE’s annual meeting on September 29, 2024. According to a statement by IIT-Madras, Professor Pradeep’s election is in recognition of his significant contributions to cluster chemistry and the development and implementation of cost-effect ..... Read More

Report: India Anticipates 85% Surge in Millionaires by 2034

Report: India Anticipates 85% Surge in Millionaires by 2034 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 Midd ..... Read More

PM Modi inaugurated BAPS Hindu Mandir in Abu Dhabi

PM Modi inaugurated BAPS Hindu Mandir in Abu Dhabi The iconic BAPS Hindu Temple in Abu Dhabi witnessed its historic inauguration on 14 February. His Holiness Mahant Swami Maharaj, accompanied by the Prime Minister of India, Narendra Modi, and the UAE’s Minister of Tolerance, HE Sheikh Nahayan Mabarak Al Nahyan, marked the auspicious occasion. Constructed on land generously gifted by UAE’s President, His Highness Sheikh Mohamed bin Zayed Al Nahyan, the Mandir symbolizes the enduring friendship between India and the UAE. It stands as the Middle East’s first traditional Hindu stone temple, reflec ..... Read More

PM Modi Expresses Gratitude to Indian Community in Qatar During Meeting

PM Modi Expresses Gratitude to Indian Community in Qatar During Meeting Prime Minister Narendra Modi expressed gratitude to the Indian diaspora during his visit to Qatar, following a brief tour of the UAE. This marked his second visit to Qatar since June 2016, a nation that hosts approximately 840,000 Indian residents. Arriving in Doha late Wednesday, Modi received a warm welcome from the Indian community, as depicted in images shared on social media. Highlighting the significance of the Indian community in Qatar, Modi underscored the strong people-to-people ties between the two nations. Upon arrival, he was greet ..... Read More

Ocuphire Pharma Appoints Two Indian Americans in Leadership Roles

Ocuphire Pharma Appoints Two Indian Americans in Leadership Roles Ocuphire Pharma, Inc., a clinical-stage ophthalmic biopharmaceutical company based in Michigan, has announced the appointment of two individuals of Indian American descent to key leadership roles. Dr. Ash Jayagopal has been named the chief scientific and development officer, while Nirav Jhaveri assumes the position of chief financial officer, according to a statement from the company. Dr. Jayagopal expressed enthusiasm about joining Ocuphire, citing the company’s successful track record in drug development and execution. He emphasized the sign ..... Read More

Texas Entrepreneur Jiten Agarwal Backs Haley as Top Candidate

Texas Entrepreneur Jiten Agarwal Backs Haley as Top Candidate Indian American technology entrepreneur Jiten Agarwal recently organized a fundraiser in Houston for Republican presidential candidate Nikki Haley. The event, attended by billionaires John Nau, Rich and Nancy Kinder, and other donors, occurred just weeks before the March 5 Texas primaries. Haley, the former ambassador to the United Nations and a contender for the Republican nomination, arrived in Texas to bolster her campaign efforts. She scheduled a rally in Dallas, a meet and greet in San Antonio, and various fundraisers across the state. Du ..... Read More

Shekar Narasimhan awarded prestigious honor by Mortgage Bankers Association

Shekar Narasimhan awarded prestigious honor by Mortgage Bankers Association Shekar Narasimhan, an Indian American, was awarded the 2024 Commercial Real Estate Finance (CREF) Distinguished Service Award by the Mortgage Bankers Association (MBA). This recognition was bestowed upon him during the Commercial/Multifamily Finance Convention and Expo held in San Diego on February 12. Narasimhan, currently serving as the Managing Partner of Beekman Advisors, Inc., specializes in offering strategic advisory services to companies and investors in the real estate finance sector. The award, considered the highest honor by fellow M ..... Read More

Nobel laureate economist hails India’s digital and financial prowess

Nobel laureate economist hails India’s digital and financial prowess Renowned economist and Nobel laureate, Mr. A. Michael Spence, commended India as a significant economic powerhouse with immense growth prospects, acknowledging its position as the world’s foremost digital economy and leader in financial infrastructure. Speaking at Bennett University in Greater Noida, Mr. Spence underscored India’s remarkable openness, competitiveness, and inclusive service delivery spanning a vast geographical expanse. Addressing the evolving dynamics of the global economy, Mr. Spence pointed to a paradigm shift driven by vari ..... Read More

Washington Freedom appoints Ricky Ponting as head coach

Washington Freedom appoints Ricky Ponting as head coach 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, highli ..... Read More