NRI ( Page 77 of 83 )

10 Indians stand tall with Mark Zuckerberg December 21, 2011 13:01

An Indian is rubbing shoulders with the likes of Facebook founder Mark Zuckerberg and pop star Lady Gaga as one of the top achievers in the world under the age of 30. Kunal Shah, 29, managing director at Goldman Sachs, is one of the 10 Indians on the Forbes list of under-30 achievers after he became the firm's youngest MD at 27 last year. A promotion to the post of a managing director before 30 is rare at Goldman Sachs, the most profitable securities firm in Wall Street history. Shah is an emerging markets trader for Goldman in London. The Cambridge math graduate joined Goldman in 2004, analysing interest rate products, before trading on the global macro desk, according to Forbes, which looked at people across 12 different categories, including law, social, mobile and technology. In finance, Forbes has also featured Vikas Mohindra, financial advisor at Bank of America Merrill Lynch. The 25-year-old broker gathered $38 million in three years from scratch. Also on the list is Manvir Nijhar, co-head of European equity derivatives sales at Citigroup. The 28-year-old London School of Economics graduate left BNP Paribas after four years to give "Citi's derivatives business a jolt".

Indian artist's new animated web series launched in US December 21, 2011 10:47

A digital entertainment company founded by three Indian Americans is launching a new animated web series by noted filmmaker John Woo created with writer Garth Ennis and Indian artist Jeevan J. Kang. Liquid Comics, founded…

NATS Balala Sambaralu in Memphis December 20, 2011 18:58

The North America Telugu Society (NATS) organized their first balala sambaralu in Memphis at Cordova Center on Dec 17, 2011. As you all know, NATS celebrated PunditNehru Jayanti by organizing Balala Sambaralu in November across…

RBI frees rates on NRI deposit schemes December 20, 2011 15:20

The Reserve Bank freed interest rates on various non-resident deposit schemes, a move that will help attract more funds from NRIs and arrest the slide in rupee in the forex market. The decision to de-regulate interest rates on such deposits comes within 24 hours of RBI putting restrictions on forward contract in rupee to check speculations in the forex market. The decision will give banks the freedom to fix rates on Non-Resident (External) rupee deposits and Ordinary Non-Resident (NRO) accounts with immediate effect. In a circular, the central bank said: “With a view to providing greater flexibility to banks in mobilising non-resident deposits and also in view of the prevailing market conditions, it has been decided to deregulate interest rates (such accounts).” “Interest rates offered by banks on NRE and NRO deposits cannot be higher than those offered by them on comparable domestic rupee deposits,” it added. The deregulation in rates on NRE and NRO deposits is intended to make such funds more attractive at a time when the rupee has depreciated sharply during last few months.

NRI Sunita Gupta jumps to death from 14th floor December 20, 2011 15:03

A non-resident Indian woman from the US Sunday committed suicide by jumping off the 14th floor of an apartment block in Ghaziabad, police said. Sunita Gupta, 55, who came to India 20 days ago, jumped off Kaushambi’s Malayagiri Tower in the afternoon. “Prima facie it seems a case of depression,” said Kamlesh Bahadur, police circle officer III. She and her husband Bharat Prakash Gupta, a senior manager US aerospace major Boeing, had come to visit her mother and younger brother here. The two got married 10 years ago. Both had divorced their previous partners. On Saturday afternoon, Sunita climbed up to the 14th floor and jumped to the ground, police said. Her 78-year-old mother was ill and her younger brother had recently been divorced, police said.

Sonu Nigam: The lord Of Cords!! December 19, 2011 18:31

Perhaps that is the reason why entertainers preoccupy us so much. "Music is food for soul so pay attention"- my music teacher used to command when my attention would be more on the hot "samosas"…

NATA to launch social service activities in AP from Dec20 December 19, 2011 12:02

The North America Telugu Association will be launching several social service programs with slogans “NATA maata” for cultural progress and “NATA Baata” for social service activities in the State from December 20. The NATA president AVN Reddy Speaking to media persons here on Saturday, organization would organize several social service programs in various districts extensively for ten days from December 20 to December 29. He said that NATA will be conducting a two-day health camp in Nadiguntapalem in Nellore district on December 20, Parakal in Warangal district on December 24 and Nemili village in Nizamabad district on December 25. On December 26, the NATA will launch 500 litre capacity drinking water projects in 23 villages in Nalgonda district at a cost of $40,250 each, he said, adding that a concluding function will be held in the State capital on December 29. Reddy said that poor students will be distributed scholarships through the hands of the Chief Minister Nallari Kiran Kumar Reddy.

A Grand success: UTAA Mahila Sambaralu 2011 December 16, 2011 13:30

The success of UTAA (United Telugu American Association) Mahila Sambaralu 2011 has set a benchmark to all the events of this kind. The event was held at Royal Albert's Palace, Edison NJ on Sunday, Dec 11th 2011. Over 1000 Telugu women and teenage girls participated in the event making it grand success. This is the consecutive third year to organize UTAA Mahila Sambaralu, since 2009. UTAA Mahila Sambaralu 2011 was third event of the kind and its third year this event surpassed all the events of this kind. The resounding success of the event once again proved the faith and commitment of the members and the goodwill for the organization. The event was backed by sponsors, vendors to make it a wonderful journey. Lakshmi Manchu, who was the chief guest and celebrity judge of UTAA Mahila Sambaralu 2011, needs a special mention. She has made the event a special one for every woman present there with her mesmerizing presence. The idea behind this event is to bring all the Telugu women in North America on one stage and also to promote the unity and integrity of the Telugu people. All the participants who gave a grand farewell to the Mahila Sambaralu 2011 are now looking forward to the Mahila Sambaralu 2012. Way to go UTAA!!!

Indian-origin journalist Davan Maharaj named editor of LA Times December 15, 2011 10:33

Indian-origin journalist Davan Maharaj has been named the new editor and executive vice president of the Los Angeles Times in succession to Russ Stanton, who led the paper to three Pulitzer Prizes, the paper announced.…

India hopes for early resolution of US visa row issue December 15, 2011 10:23

India today said it has conveyed its concerns to the US over the hiking the fees for H1B and L category visas, and hopes for an “early resolution” of the issue as the move was affecting indian companies. Speaking in the Rajya Sabha, Minister of State for Commerce Jyotiraditya Scindia assured that the government has made efforts at various levels to resolve the issue at the earliest. “The visa fees applicable to H1B and L category visas have been increased by the US under some legislative measures… The matter has been taken up at various bilateral forums and we are hopeful we will arrive at an early resolution,” he said. He also added that the visa fee hike would affect both the countries in the long run, the minister said movement of Indian professionals is also important for the US as they substantially contribute to its economy.

Brit-Indian honeymooner Dewani may kill himself if extradited to South Africa December 15, 2011 09:58

Brit-Indian businessman Shrien Dewani, who has been charged with masterminding his wife’s murder during their honeymoon in Cape Town last year, may kill himself if he is extradited to South Africa, a London court has been told. Dewani’s barrister Clare Montgomery asked two judges to block the extradition order on mental health grounds. Montgomery said that Dewani’s mental health has deteriorated to the point where he was ‘too ill to be extradited’ and was a suicide risk. She also argued that he was at serious risk of violence - including sexual violence - at the hands of other prisoners if kept in custody in South Africa. “It will not be consistent with humanitarian principle to send some for extradition who is not fit to stand trial. Were Mr. Dewani to be extradited today, according to English standards, he would not be fit to stand his trial,” the Daily Mail quoted Montgomery, as saying. “We do submit it will always be unjust to extradite somebody who is unfit - no matter how serious the charge,” she added. Thirty-one-year-old Dewani has been denying any involvement in the death of Anni Dewani, who was shot dead in a taxi in Cape Town last November in an apparent car-jacking. He faces charges of murder, conspiracy to commit murder, robbery with aggravating circumstances and obstructing the administration of justice. Taxi driver Zola Tongo, who has admitted his part in the crime, has been jailed for 18 years for murder, kidnapping, robbery with aggravating circumstances and perverting the course of justice after agreeing a plea bargain.

'Multicultural' Rahman gets lifetime achievement award at DIFF December 12, 2011 15:49

Indian music maestro A R Rahman has been honoured with a Lifetime Achievement Award at the 8th Dubai International Film Festival (DIFF) here. The Oscar-winner is the youngest and the first musician to get the…