PM Modi in US interacting with top CEOs to highlight opportunities in India

News Network
September 23, 2021

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Washington, Sept 23: Prime Minister Narendra Modi has said he would highlight economic opportunities in India during his meetings with CEOs in Washington.

On Thursday, the prime minister is scheduled to hold one-on-one meetings with the top five American CEOs.

Two of them are Indian Americans -- Shantanu Narayen from Adobe and Vivek Lall from General Atomics. The three others being Cristiano E Amon from Qualcomm, Mark Widmar from First Solar, and Stephen A Schwarzman from Blackstone.

“Landed in Washington DC. Over the next two days, will be meeting President Joe Biden, Vice President Kamala Harris, Prime Ministers Scott Morrison from Australia and Yoshihide Suga from Japan," he tweeted.

“Will attend the Quad meeting and would also interact with leading CEOs to highlight economic opportunities in India,” he said.

The prime minister's meeting with American CEOs from five different key areas is reflective of the priorities of his government.

While Narayen reflects the IT and digital priority that the Indian government is pushing for, Modi’s meeting with Lall is significant as General Atomics is not only the pioneer in military drone technologies but also the world’s top manufacturer of state-of-the-art military drones, which the US shares only with its key allies and partners.

India is in the process of procuring a significant number of drones for the three branches of its armed forces. It has also leased a few drones from General Atomics.

Jakarta-born Vivek Lall, now based out of California, for over a decade has been instrumental in major bilateral defence deals worth around $18 billion, as India and the US take steps to forge a new relationship in which defence trade is a key pillar.

The meeting with chip giant Cristiano Amon assumes significance, given India’s push for the 5G technology to be safe and secure.

The San Diego-based company creates semiconductors, software, and services related to wireless technology.

A world leader in 3G, 4G, and next-generation wireless technology innovations for more than 30 years, Qualcomm is now pioneering its way to 5G with a new era of intelligent products that are revolutionising industries, including automotive, computing, and IoT.

India is looking for a major investment from Qualcomm.

As India is taking gigantic steps in the use of solar power to meet its energy needs, the meeting with Mark Widmar is important as First Solar is a leading global provider of comprehensive photovoltaic (“PV”) solar solutions, which use its advanced module and system technology.

Early this summer, the Arizona-based company announced to add 3.3 GW of capacity in a new facility in India at an estimated cost of USD684 million.

Stephen A. Schwarzman is Chairman, CEO and Co-Founder of Blackstone, one of the world’s leading investment firms investing capital on behalf of pension funds, large institutions and individuals.

In March this year, Blackstone announced that funds managed by Blackstone Real Estate have acquired Embassy Industrial Parks from Warburg Pincus and Embassy Group, in one of India’s largest logistics transactions.  
 

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News Network
January 9,2025

Udupi: In a shocking case of cyber fraud, a 38-year-old woman from Karkala in Udupi district, has reportedly lost Rs 24 lakh to a digital arrest scam. The victim, Preema Sheril D'Souza, fell prey to a fraudulent scheme orchestrated through fake calls and threats.

According to the complaint filed, the incident unfolded on Tuesday when Preema received a call at 12:30 pm from an individual claiming to represent the Delhi Telecom Department. The caller alleged that another SIM card had been purchased using her Aadhaar number and was being used for illegal activities in Uttar Pradesh, leading to multiple cases being registered against her.

To add credibility to the scam, the caller arranged a video call where a person dressed as a police officer introduced himself as a CBI official. This individual instructed her to cooperate with the "investigation" and warned her not to disclose the matter to anyone. The scammer also issued threats, claiming that harm would come to her husband and child if she failed to comply.

Under duress, Preema was coerced into sharing her bank account details and transferring a staggering Rs 24 lakh to accounts specified by the fraudsters. She transferred Rs 14 lakh to an account in Federal Bank and Rs 10 lakh to an account in Yes Bank via RTGS from her Fixed Deposit account. The threats of an arrest warrant further pressured her into complying with the scammers' demands.

Upon realizing the fraud, she reported the incident to the authorities. A case has since been registered at the Karkala Rural Police Station, and investigations are underway.

This incident serves as a critical reminder to stay vigilant against such scams. Individuals are advised to verify the identity of callers and refrain from sharing sensitive information or transferring money without proper authentication. If you encounter similar fraudulent activities, report them immediately to the police or cybercrime cell.

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News Network
January 14,2025

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Jeddah: In a significant step towards strengthening bilateral ties and religious collaboration, Saudi Arabia and India signed the 2025 Hajj agreement during a ceremony in Jeddah.

The agreement was formalized by Saudi Arabia’s Minister of Hajj and Umrah, Dr. Tawfiq F. Al-Rabiah, and India’s Minister for Parliamentary and Minority Affairs, Kiren Rijiju. The event was attended by key dignitaries, including the Indian Ambassador to Saudi Arabia, Dr. Suhel Ajaz Khan, and the Consul General of India in Jeddah, Fahad Ahmed Khan Suri.

Under the agreement, Saudi Arabia has allocated a quota of 175,025 pilgrims from India for the 2025 Hajj season. Of this, 70% of the slots will be managed by the Hajj Committee of India, while the remaining 30% (approximately 52,507 slots) will be facilitated by private Hajj Group Organizers in line with India’s Haj Policy 2025.

The agreement emphasizes improving the overall pilgrimage experience for Indian Hajjis, focusing on enhanced services, expanded facilities, and streamlined logistical arrangements.

Minister Kiren Rijiju expressed the Indian government’s commitment to providing the best possible services to pilgrims. “Our government is dedicated to ensuring an improved and hassle-free pilgrimage experience for all our Hajjis,” he stated. He also thanked Saudi authorities for their cooperation and support.

During his visit, Minister Rijiju met with Sheikh Dr. Mohammed Al-Issa, Secretary-General of the Muslim World League, to discuss interfaith dialogue and global peace initiatives. He acknowledged Dr. Al-Issa’s impactful visit to India and praised his efforts in promoting harmony.

The minister also visited the Jeddah Hajj Terminal to inspect and review the arrangements and preparations for Hajj 2025. This visit underscored the commitment to ensuring a seamless and enhanced pilgrimage experience for Indian Hajjis through meticulous planning and improved facilities.

Indian Prime Minister Narendra Modi welcomed the agreement, describing it as “wonderful news” for Indian Hajis. In a post on X, he reiterated his government’s unwavering commitment to improving the pilgrimage experience for devotees.

(Inputs from Dr P A Hameed Padubidri, Riyadh)

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News Network
January 16,2025

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Bollywood actor Saif Ali Khan is "out of danger" following a successful surgery at the Lilavati Hospital in Mumbai after being attacked during a burglary at his residence last night.

The actor’s team released an official statement confirming his recovery and assured fans of his stable condition.

The shocking incident occurred late last night when an intruder broke into the actor’s home. Reports suggest that when Saif confronted the burglar, both were involved in a physical altercation, and the attacker stabbing the actor about six times.
Saif’s wife, actress Kareena Kapoor Khan, and their children were reportedly unharmed during the incident.
“Saif Ali Khan has come out of surgery and is out of danger. He is currently in recovery, and the doctors are monitoring his progress. All family members are safe, and the police are investigating the incident," the team said.

Meanwhile, the police is at the actor's residence and is probing the attack.

Attack on Saif Ali Khan: What you need to know

Dr. Niraj Uttamani, Chief Operating Officer (COO) of Lilavati Hospital, revealed that Saif was brought to the hospital at 3 a.m. on Thursday. Providing details about his injuries, Dr. Uttamani said, “Saif Ali Khan suffered six stab wounds, two of which were deep, with one located near his spine. A foreign object was also identified near his spine.”

The hospital further confirmed that a team of specialists is overseeing the actor’s treatment, including Dr. Nitin Dange (Consultant Neurosurgeon), Dr. Leena Jain (Consultant Plastic Surgeon), Dr. Nisha Gandhi (Consultant Anaesthesiologist), Dr. Kavita Srinivas (Intensivist), and Dr. Manoj Deshmukh (Consultant Radiologist).

Dr. Uttamani said, “The extent of the damage will be understood once the surgery is completed.”

The incident has sparked outrage within the film fraternity and raised concerns about security. Indian Film and Television Directors Association (IFTDA) President Ashoke Pandit condemned the attack, emphasizing the lapse in security at Saif’s residential building.

Speaking to ANI, he said, “The attack on film star Saif Ali Khan in his own house is a matter of concern. IFTDA condemns this attack. The concern is about the security of the building, and the security agencies of the building, as to how an intruder reaches the 12th floor and enters the house, this is a matter of investigation, which the Mumbai Police is very competent and capable of looking into.”

The Mumbai Police Crime Branch has initiated an investigation into the incident. Deputy Commissioner of Police Dixit Gedam confirmed Saif’s injuries resulted from an altercation with the intruder, adding that authorities are actively working to gather more details about the incident.

Security footage and witness statements are being reviewed as part of the probe.

The actor recently appeared in the action thriller Devara Part 1, which released in September 2024 to critical acclaim.

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