Business

Business

An Incomplete Life: Gautam’s separation from his wife erases $180 mn at Raymond

November 22, 2023 Vinayak Barot

Virendra Pandit    New Delhi: This is also a family matter. When a family collapses, the business it runs may also follow. India’s business legend Vijaypat Singhania, once synonymous with his company Raymond’s tagline “The Complete Man”, penned his 2021 autobiography “An Incomplete Life”, after his very public spat with billionaire son Gautam Singhania. The […]

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Business

Challenges: RBI chief Das cautions about uncertain times ahead

November 22, 2023 Vinayak Barot

Virendra Pandit    New Delhi: Warning that a ‘deadly mix’ of challenges could put policymakers to the test and that new risks keep emerging, Reserve Bank of India (CBI) Governor Shaktikanta Das on Wednesday cautioned the financial sector to avoid all kinds of exuberance. Addressing an annual banking conference, organized by FICCI and the Indian […]

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Immigration: Indians third largest “illegal” immigrants in the US, says Pew Research

November 22, 2023 Vinayak Barot

Virendra Pandit    New Delhi: Not only have nearly eight lakh Indians officially renounced their citizenship since 2018, but the number of illegal immigrants from India to other countries, particularly to the West, is also growing steadily. New research has revealed that Indians form the third-largest illegal immigrant population in the United States. According to […]

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Business

Roving Periscope: Israel and Hamas to pause the Gaza war for 4 days from Thursday

November 22, 2023 Vinayak Barot

Virendra Pandit    New Delhi: Six weeks after the Hamas invasion of Israel, the death of nearly 14,000 people, and wanton destruction later, the Jewish state and the Sunni terror outfit of the Palestinian extremists, have decided to pause their bloody conflict for four days—possibly from Thursday morning–to exchange prisoners and hostages, and allow more […]

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Business

Technology: Finally, Sam Altman to return as OpenAI’s CEO

November 22, 2023 Vinayak Barot

Virendra Pandit   New Delhi: The storm in the coffee mug lasted barely four days. After Microsoft’s open offer, shareholders’ threat to sue the board, and employees’ rebellion, OpenAI has decided to bring Sam Altman back as its CEO, and said the company’s new board will be chaired by Bret Taylor and include Larry Summers […]

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Business

Ghar Wapasi: After Pak crackdown, 400,000 Afghans return home—to face the Taliban

November 21, 2023 Vinayak Barot

Virendra Pandit   New Delhi: With Pakistan’s crackdown on “undocumented” refugees, over 400,000 poverty-stricken Afghans—elders, women, and children included—have returned home in the last three weeks across the international border—to face the Taliban, starvation, and biting cold. The media, quoting Pakistani officials, said on Tuesday that the remaining 14 lakh Afghans, registered as refugees need […]

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Business

Future is Now: Argentina gets a ‘madman’ as new President!

November 21, 2023 Vinayak Barot

Virendra Pandit   New Delhi: Argentina’s new President-elect, his followers claim, is a ‘madman’ who takes advice from his dogs! Not just this. He has even denounced Pope Francis, a native of Argentina, as an ‘imbecile’ and a ‘filthy leftist’. Notably, the Pope has no dearth of enemies in his predominantly Roman Catholic homeland and […]

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Business

Roving Periscope: Why has Israel banned LeT 15 years after the 26/11 Mumbai terror attack?

November 21, 2023 Vinayak Barot

Virendra Pandit   New Delhi: After over 45 days of ongoing death and destruction, which started with the Hamas attack on October 7, Israel has suddenly recovered its ‘voice of conscience.’ It usually happens at a nation’s convenience! Particularly when it is itself a victim of terrorism. That is why even Pakistan, the global nursery […]

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Business

Tesla: Elon Musk’s India deal likely during Vibrant Gujarat Summit in Jan’ 24

November 21, 2023 Vinayak Barot

Virendra Pandit    New Delhi: Elon Musk, the world’s wealthiest man, is likely to sign his Tesla Inc. deal with India in January 2024 during the upcoming Vibrant Gujarat Global Summit in Prime Minister Narendra Modi’s home state. According to reports, Tesla and India, engaged in the matter for quite some time, now appear to […]

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Business

Sardar Vallabhbhai Patel International Airport sets new record, served 40,801 passengers in a single day and handled 359 flight movements

November 20, 2023 Vinayak Barot

Ahmedabad, November 20, 2023: Sardar Vallabhbhai Patel International Airport (SVPI) sets new record by serving 40,801 passengers on the day of Cricket World Cup 2023 in Ahmedabad. With meticulous planning and preparedness, the airport also handled the highest-ever flight movements on 19 November 2023.  The airport recorded over 260 Scheduled and 99 Non-scheduled Air Traffic […]

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