Month: September 2021

Have not come across a politician who is happy: Nitin Gadkari

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Union Road Transport and Highways Minister, Nitin Gadkari said that no one is happy with their position and wants to do better, adding that politics is an instrument to bring about social & economic change.   While addressing a seminar on “Parliamentary System and People’s Expectations” in the Rajasthan Assembly, Gadkari was referring to the recent cycle of appointments of Chief Ministers. He said that when he was the BJP President he didn’t find anybody who wasn’t unhappy.   “The MLAs are sad as they could not become a minister.…

“Return to war or escalate the war” were the only two choices: Blinken on Afghanistan withdrawal

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At the US congressional hearing on Monday, the US Secretary of State, Antony J. Blinken said that Washington had “no advance warning” about former Afghan President Ashraf Ghani fleeing the country as the situation grew tense with the Taliban marching towards Kabul on 15 August.   On the first day of the Congressional testimony — Afghanistan 2001-2021: Evaluating the Withdrawal and US Policies — Blinken defended President Joe Biden’s decision over the country’s troops withdrawal and said that the government had to complete the withdrawal and left with limited options.…

Deal-making activity in the travel & tourism sector declined by 17.4% during August 2021

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A total of 57 deals (comprising mergers & acquisitions [M&A], private equity, and venture financing) were announced in the global travel and tourism sector during August 2021, which is a decline of 17.4% over 69 deals announced in July, according to GlobalData, a leading data and analytics company.   Aurojyoti Bose, Lead Analyst at GlobalData, comments: “August marks the second consecutive month of decline in deal activity for the travel and tourism sector after rebounding in June. The subdued deal activity could be attributed to dampened deal-making sentiments as uncertainty due…

Three former Presidents – Clinton, Bush and Obama come together to support Afghan refugees

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As tens of thousands of Afghan refugees arrive in the United States as part of a US evacuation after a 20 year long war in Afghanistan, three former US presidents – Republican George W Bush and Democrats Bill Clinton and Barack Obama – have come together to help them.   In a bid to support the Afghans settling in the United States following the recent American withdrawal, the former leaders and their wives will be a part of Welcome.US, a coalition of advocacy groups, US businesses and other leaders. Many…

51% of Asia-Pacific companies blame cyberattacks on unknown assets

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A new poll by MIT Technology Review Insights, in association with Palo Alto Networks, uncovers the complex challenges Asia-Pacific companies face in securing networks and systems for remote workers in the post-pandemic era.   In this new cybersecurity landscape, conducting a full inventory of internet-connected digital assets-from laptops to cloud applications-and rebooting cybersecurity policies for today’s modern remote work environment can mitigate risks. But organizations must also understand the cybersecurity trends and challenges that define their markets, many of which are unique to organizations operating in the Asia-Pacific region.   Report highlights…

Union Cabinet may consider relief package for telecom sector: Report

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Today, the Union Cabinet may consider a moratorium on payment of spectrum dues by telecom firms as part of a package for the sector. It is aimed to provide relief to companies like Vodafone Idea that have to pay thousands of crores of rupees in unprovisioned past statutory dues.   As per sources with the knowledge of the development said that the relief package which is under consideration includes telecom firms getting an option to convert interest on spectrum dues of the four-year moratorium period into government equity.   The move comes six weeks after…

Infogain names Mindtree Co-Founder Krishnakumar Natarajan as Board Member

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Infogain has announced appointing Mindtree Co-Founder Krishnakumar Natarajan as an independent Director.   Krishnakumar Natarajan co-founded Mindtree in 1999 and played key roles in building the company’s innovative approach to delivering IT services and solutions to global 2000 enterprises. As CEO and subsequently as its Executive Chairman, he built Mindtree to a $1B revenue company. Krishnakumar has extensive experience helping enterprises navigate their digital transformation journeys by enhancing their customer experience and delivering industry leading growth.   Natarajan previously served as Chairman of the National Association of Software and Services Companies (NASSCOM) and is currently…

Indium Software announces two appointments to its Advisory Board to Catalyze Growth and Strengthen its Global Reach

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Indium Software has announced that Ramkumar Ramamoorthy, former Chairman and Managing Director of Cognizant, India and Rajesh Balaji Ramachandran, former Senior Vice President and Global Delivery Head of Cognizant’s Enterprise Application Services practice have been inducted as Investor-Advisors.   Ram Sukumar, Co-Founder and CEO of Indium, says, “We are excited to welcome Ramkumar and Rajesh Balaji as Investor-Advisors and look forward to benefiting from their decades of experience in shaping the world’s most admired companies, navigating multiple structural shifts. At Indium, we believe that our next phase of accelerated growth will benefit from…

Shiv Nadar University Chennai Begins Its First Academic Session

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Shiv Nadar University Chennai, the third initiative in higher education by the Shiv Nadar Foundation, today welcomed students of the founding batch through ‘Shubharambh’ a uniquely designed orientation program. The selected students represent 10 states in the country and have secured admission among stiff competition that witnessed over 7500 students applying to the University in its inaugural year. Shiv Nadar University Chennai is the first state private University to be legislated in Tamil Nadu after 90 years (since Annamalai University Act in 1928), upon the passing of the Shiv Nadar…

Apple unveils iPhone 13 Pro and iPhone 13 Pro Max

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Apple today introduced the new iPhone 13 series at the California Streaming Apple event comes with an upgraded A15 processor and longer battery life. Apple has also announced the iPhone 13 mini, iPhone 13 Pro and iPhone 13 Pro Max by pushing the boundaries of what’s possible in a smartphone.   The most advanced pro camera system ever on iPhone; Super Retina XDR display with ProMotion, a massive leap in battery life; A15 Bionic, the fastest chip in a smartphone; an advanced 5G experience; and so much more. Apple iPhone 13 series sale in India starts from September…