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

News Network
September 23, 2021

CEOs.jpg

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.  
 

Comments

Add new comment

  • Coastaldigest.com reserves the right to delete or block any comments.
  • Coastaldigset.com is not responsible for its readers’ comments.
  • Comments that are abusive, incendiary or irrelevant are strictly prohibited.
  • Please use a genuine email ID and provide your name to avoid reject.
News Network
December 11,2024

dubaidreams.jpg

A sudden wave of visa rejections is shattering the travel plans of Indian tourists hoping to visit Dubai. Stricter visa norms introduced by the United Arab Emirates (UAE) have left travelers scrambling, causing financial losses and widespread frustration.

Indian tourists are facing an unprecedented rate of visa denials, with rejection rates skyrocketing from a mere 1-2% to 5-6% daily. These rejections are happening despite applicants meticulously submitting confirmed flight tickets, hotel bookings, and other required documents.

Tightened Rules and Rising Challenges
The UAE’s newly imposed regulations demand additional proof of accommodation, whether in hotels or with relatives. For those staying with family, documents such as the host’s rental agreement, Emirates ID, and residence visa copy must now be submitted.

Travelers and travel agencies report that even flawless applications are being rejected. “Even when confirmed flight tickets and hotel stay details are attached, the visa applications are being rejected,” said Nikhil Kumar, director of Passio Travels Pvt Ltd.

In a striking case, a family of four—despite submitting all required documents—faced rejection, derailing their meticulously planned trip. Similarly, a group of 35 saw their vacation plans collapse when one member’s visa was denied.

Mounting Financial Losses
The rejections are not just a logistical nightmare but also a financial burden. Passengers are losing thousands on visa fees, pre-booked flight tickets, and hotel reservations. Vijay Thakkar, director of Hasmukh Travels, shared how two of his clients lost nearly ₹34,000 due to visa denials.

Advisory from Travel Experts
Travel experts are urging applicants to avoid shortcuts like dummy tickets or fake documents, which could lead to lifelong bans. “Dubai is extremely strict. Rejections can create long-term complications. Ensure all documents are genuine and complete,” advised Nilesh Bhansali, president of the Travel Agents Association of Pune.

UAE’s New Visa Norms
The UAE has raised the bar for tourist visa applications, requiring travelers to:

  • Submit hotel reservation proof and return tickets.
  • Provide bank statements for the last three months with a minimum balance of ₹50,000.
  • Present PAN cards if opting for hotel stays.

These measures aim to tighten entry protocols but have left many Indian travelers stranded, frustrated, and financially strained. For now, aspiring Dubai visitors must navigate these new hurdles with caution and precision to keep their travel dreams alive.

Comments

Add new comment

  • Coastaldigest.com reserves the right to delete or block any comments.
  • Coastaldigset.com is not responsible for its readers’ comments.
  • Comments that are abusive, incendiary or irrelevant are strictly prohibited.
  • Please use a genuine email ID and provide your name to avoid reject.
News Network
December 12,2024

cabinet.jpg

New Delhi: The Union Cabinet on Thursday approved bills to implement 'One Nation, One Election', and the draft legislations are likely to be introduced in Parliament in the ongoing Winter session, sources said.

The decision was taken at a meeting of the Union Cabinet chaired by Prime Minister Narendra Modi.

The government is keen on holding wider consultations on bills which are likely to be referred to a parliamentary committee.

Sources said the government was also keen to consult the Speakers of various state legislative assemblies through the committee.

Moving ahead with its 'one nation, one election' plan, the government in September accepted the recommendations of the high-level committee for holding simultaneous polls for the Lok Sabha, state assemblies and local bodies in a phased manner.

Citing recommendations of the high-level committee, sources had said one of the proposed bills would seek to amend Article 82A by adding sub-clause (1) relating to the appointed date. It will also seek to insert sub-clause (2) to Article 82A relating to the end of terms of the Lok Sabha and state legislative assemblies together.

It also proposes to amend Article 83(2) and insert new sub-clauses (3) and (4) relating to the duration and dissolution of the Lok Sabha. It also has provisions related to the dissolution of the legislative assemblies and amending Article 327 to insert the term simultaneous elections.

This bill will not require ratification by at least 50 per cent of the states, the recommendation said.

However, any move to hold local body elections together with Lok Sabha and state assemblies will require ratification by at least 50 per cent of the state assemblies as it deals with matters relating to state affairs.

Another bill will be an ordinary one to amend provisions in three laws dealing with Union territories having legislative assemblies -- Puducherry, Delhi and Jammu and Kashmir -- to align the terms of these Houses with other legislative assemblies and the Lok Sabha as proposed in the first constitutional amendment bill.

The statutes it proposes to amend are the Government of National Capital Territory of Delhi Act-1991, the Government of Union Territories Act-1963 and the Jammu and Kashmir Reorganisation Act-2019.

The proposed bill will be an ordinary legislation not requiring a change in the Constitution and will also not need ratification by the states.

The high-level committee had proposed amendments to three Articles, insertion of 12 new sub-clauses in the existing articles and tweaking three laws related to Union Territories having legislative assemblies. The total number of amendments and new insertions stands at 18.

In its report submitted to the government in March, just before the general election was announced, the panel recommended implementing one nation, one election in two phases.

Comments

Add new comment

  • Coastaldigest.com reserves the right to delete or block any comments.
  • Coastaldigset.com is not responsible for its readers’ comments.
  • Comments that are abusive, incendiary or irrelevant are strictly prohibited.
  • Please use a genuine email ID and provide your name to avoid reject.
News Network
December 17,2024

modigowda.jpg

Prime Minister Narendra Modi Tuesday condoled the death of environmentalist Tulsi Gowda and said she will remain a guiding light for environmental conservation.

In a post on X, he said, "Deeply saddened by the passing of Tulsi Gowda Ji, a revered environmentalist from Karnataka and Padma Awardee. She dedicated her life to nurturing nature, planting thousands of saplings, and conserving our environment."

"She will remain a guiding light for environmental conservation. Her work will continue to inspire generations to protect our planet. Condolences to her family and admirers. Om Shanti," he added.

Tulsi Gowda, the renowned environmentalist and Padma Shri awardee known as the "Vruksha Maate" (Mother of Trees), passed away on Monday at her residence in Karnataka’s Honnali village, Ankola Taluk, Uttara Kannada district. She was 86 and had been suffering from age-related ailments.

Hailing from the Halakki tribal community, Tulsi Gowda dedicated over six decades of her life to environmental conservation, planting and nurturing thousands of trees in Ankola and its surroundings.

Her unparalleled knowledge of plants earned her the title "Encyclopaedia of Plants." She was credited with growing lakhs of saplings and was celebrated for her unique approach to nurturing them, ensuring their survival and growth.

Born in 1944 to a tribal family, Tulsi Gowda developed a deep connection with nature at a young age. She began working at a forest department nursery as a daily wage worker and eventually became a symbol of afforestation.

In 2021, Tulsi Gowda was honored with the prestigious Padma Shri, one of India’s highest civilian awards, in recognition of her immense contributions to afforestation and environmental conservation.

She received the award from former President Ram Nath Kovind, a moment that brought her years of silent work into the national spotlight. Additionally, Dharwad Agricultural University conferred upon her an honorary doctorate for her knowledge and contributions to the environment. She also received the Indira Priyadarshini Vriksha Mitra award and numerous other accolades throughout her lifetime.

 

Comments

Add new comment

  • Coastaldigest.com reserves the right to delete or block any comments.
  • Coastaldigset.com is not responsible for its readers’ comments.
  • Comments that are abusive, incendiary or irrelevant are strictly prohibited.
  • Please use a genuine email ID and provide your name to avoid reject.