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 8,2024

Russia says Syrian President Bashar al-Assad has issued orders for a peaceful transition of power before he resigned and departed from the country.

The Russian Foreign Ministry said in a statement on Sunday that President Assad decided to step down after negotiations with “a number of participants in the armed conflict on the territory of the Syrian Arab Republic.”

Assad, Russia said, gave “instructions for a peaceful transfer of power.”

The ministry did not provide further information regarding Assad's whereabouts.

According to the statement, Moscow “did not participate in these negotiations,” but it calls on all “parties involved to refrain from the use of violence and to resolve all issues of governance through political means.”

"In that regard, the Russian Federation is in contact with all groups of the Syrian opposition."

Moscow said Russia's military bases in the Arab country had been put on a state of high alert, but that there was no serious threat to them at the current time.

On Saturday evening, Iranian Foreign Minister Abbas Araghchi urged "political dialogue" between the Syrian government and militant groups after a meeting with foreign ministers of Russia and Turkey in the Qatari capital of Doha on Saturday evening.

Araghchi said there was a consensus among all the participants that hostilities in Syria must end immediately and the country’s territorial integrity and national sovereignty must be respected based on the UN resolution.

The meeting was also attended by United Nations Special Envoy for Syria Geir Pedersen, who had urged all parties “to spare bloodshed and focus on a political solution in accordance with Security Council Resolution 2254.”

The conflict began when Hayat Tahrir al-Sham (HTS) militant group launched a large-scale attack in Aleppo and Idlib provinces in the northwest of Syria on November 27, seizing several areas.

The group took control of parts of the country's second-biggest city, Aleppo, and advanced southward toward the city of Hama. Earlier on Sunday, the armed group declared that they had captured the capital, Damascus.

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

utkhaderspeaker.jpg

Angry BJP lawmakers stormed Assembly Speaker U T Khader’s chambers at the Suvarna Vidhana Soudha, escalating tensions after the ruling Congress turned the tables on the saffron party over the Panchamasali Lingayat community’s reservation issue.

The friction began when Congress MLA Vijayanand Kashappanavar, a Panchamasali Lingayat, was allowed to criticise the Basavaraj Bommai-led BJP government’s controversial decision to scrap the 4 per cent Muslim quota, reallocating it equally to Lingayats and Vokkaligas. Kashappanavar slammed the BJP’s move, accusing it of being a mere election gimmick.

“The previous BJP government created two new reservation categories, 2C for Vokkaligas and 2D for Lingayats, just before the 2023 Assembly elections,” Kashappanavar said. “When challenged in the Supreme Court, the BJP government admitted it would not implement the decision. They announced it for votes but backtracked in court, misleading Panchamasali seer Basava Jaya Mrityunjaya Swami.”

Adding fuel to the fire, Kashappanavar alleged that RSS members had incited violence during a protest for enhanced Panchamasali Lingayat reservation. This claim enraged BJP lawmakers, who demanded the comment be expunged. However, Speaker Khader permitted Revenue Minister Krishna Byre Gowda to read aloud the BJP government’s affidavit to the Supreme Court.

“If the Panchamasali Lingayat community has faced injustice, it is because of the BJP,” Gowda declared, sparking further protests from the opposition. BJP leaders accused Khader of being “one-sided” and disregarding a point of order raised by BJP MLA V Sunil Kumar.

When Khader adjourned the session for lunch, the confrontation boiled over. Opposition Leader R Ashoka, BJP state president B Y Vijayendra, MLAs Dr C N Ashwath Narayan, Sunil Kumar, and others barged into Khader’s chambers. Chaos ensued as shouting and hollering echoed through the halls, prompting marshalls to intervene.

“The Speaker was warned that if he continued behaving this way, we would boycott the session,” Narayan stated afterward.

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 13,2024

israelitroops.jpg

Minister of military affairs Israel Katz has ordered Israeli troops to "prepare to remain" throughout the winter in Syria including the strategic Jabal al-Shaykh mountain which they occupied after the fall of President Bashar al-Assad. 

In an announcement on Friday, Katz said he had issued the order during an assessment the previous day with the Israeli army's chief of staff Herzi Halevi, and other officers.

"Due to the situation in Syria, it is of critical security importance to maintain our presence at the summit of Mount Hermon [Jabal al-Shaykh], and everything must be done to ensure the (army's) readiness on-site to enable the troops to stay there despite the challenging weather conditions," he said.

Israel started its push to grab more Syrian land on Sunday, after foreign-backed militants led by Hay'at Tahrir al-Sham (HTS) announced the fall of President Assad’s government following a rapid two-week onslaught.

Israeli forces seized the so-called buffer zone, which separates the occupied Golan Heights from the rest of Syria, in violation of a 1974 disengagement agreement. The occupation forces have entered several towns in Quneitra, forcibly evacuating residents. 

They occupied the summit of Jabal al-Shaykh which provides an observation point for areas in Syria and Lebanon. It rises to 9,232 feet (2,814 meters) and is the highest point on the east coast of the Mediterranean Sea.

Israeli troops have advanced beyond the so-called buffer zone toward Damascus, with the regime's warplanes conducting hundreds of aerial assaults on Syria.

Katz had earlier said that the regime was planning a "sterile defense zone" in southern Syria. Several regional countries said Israel is taking advantage of the chaotic situation in Syria to expand its occupation of the Arab state.

Israeli soldiers entered the town of al-Hurriya in Quneitra province on Thursday. Local sources said Israeli forces also carried out a forced evacuation of the residents of the village of Rasem al-Ruwadi in the region. 

On Wednesday evening, Israeli forces stormed the towns of Ruwaihinah and Umm Batna in the central countryside of Quneitra as well.

Residents of the town said the occupying regime forces asked them to evacuate their homes to annex them to the so-called buffer zones. The incursion involved tanks and infantry units, during which several houses were searched. 

Many Syrians and others watching the fast-moving pace of events say Netanyahu is using this moment of change in their country to permanently seize further territory.

“They are saying they will give it back, but they are already occupying the Golan Heights which they haven’t given back. What would make you believe they will give this back?” Haid Haid, a senior consulting associate fellow at Chatham House, told Middle East Eye. 

Israel has wiped out Syrian naval vessels, sea-to-sea missiles, helicopters and planes, including the entire fleet of MiG-29 fighter jets and stockpiles of ammunition in attacks on at least five air bases.

Reports say Israel and militant groups in Syria have previously come to successful arrangements whereby Israel provided emergency aid and medical care to militants so long as the groups did not attack the Zionist regime.

In a note to correspondents issued on Thursday, United Nations Secretary General Antonio Guterres said he is "deeply concerned" over "extensive violations" of Syrian sovereignty.

The UN chief also said he is "particularly concerned over the hundreds of Israeli airstrikes on several locations in Syria." 

He further stressed that the 1974 Disengagement of Forces Agreement between Israel and Syria “remains in force” and that it must be upheld by "ending all unauthorized presence in the area of separation and refraining from any action that would undermine the ceasefire and stability in Golan.”

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.