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
October 16,2021

Police have arrested four brothers for allegedly killing an NRI businessman during his visit to Hyderabad.

According to Gajarao Bhupal, Deputy Commissioner of Police (DCP), South Zone (Hyderabad), the arrested accused are identified as - Rayees Jabri, Adil Jabri, Syeed Saleh Jabri and Saad Bin Saleh Jabri. All residents of the Chandrayangutta area of the city.

“The victim and accused Rayees Jabri had used to work together in Dubai. In 2019, while the accused Rayees Jabri was returning to India, the victim had given him a bag of gold without his knowledge, to deliver it in India from Dubai. At the airport, he was arrested with one kilogram of gold,” said Bhupal.

The DCP said that during interrogation, the accused Raees said the victim had promised him financial aid and a job but didn’t do so.

“When the businessman came to India from Dubai, the brothers confronted him on Wednesday and when he refused to fulfil the promises, they decided to kill him,” he added.

Police had registered an FIR into the matter after the victim to stabbed to death on Wednesday. 

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
October 17,2021

Mumbai, Oct 17: Launching a stinging attack on the BJP and the Centre over the alleged misuse of investigative agencies, Shiv Sena MP Sanjay Raut on Sunday alleged that "contract killings" are now replaced by "government killings" to finish off political rivals in Maharashtra.

With some ministers in the Shiv Sena-led Maha Vikas Aghadi (MVA) government under the scanner of the Enforcement Directorate (ED), Income Tax, and at least one of them facing a CBI inquiry, Raut said that Central investigating agencies are working as "contract killers for the party in power in Delhi". "Is there a rule of law or (a rule of) raids in Maharashtra? This is the question which comes to one's mind considering the record-break raids being conducted through Central investigating agencies," Raut wrote in the weekly column 'Rokhthok' in the Sena mouthpiece 'Saamana' of which he is the executive editor.

Earlier, Delhi rulers used to lie but now (ordering) frequent raids have become a new business without any capital investment, he stated. "Use people's money, government machinery to remove political opponents. In the past, contract killings were the order of the day in Mumbai (when Underworld was active). Hitmen were hired on contract to kill rivals (by gangs). This is now replaced by 'government killing'. Central investigating agencies are working as contract killers for the party in power in Delhi," Raut said. Finishing off the unwanted political rivals through these agencies seems to have become a new policy, Raut stated.

Referring to the arrest of Nationalist Congress Party (NCP) leader and state minister Nawab Malik's son-in-law Sameer Khan by the Narcotics Control Bureau (NCB), Raut said Khan had been arrested under the pretext of his involvement in a drug racket and was put in jail for eight months. "Now the court has granted him bail. The court said herbal tobacco was found in the possession of Khan and not drugs. Malik should file cases against NCB officials," Raut said in the write-up.

The Sena leader further said the Central Bureau of Investigation (CBI) was raiding homes of former Maharashtra Home Minister Anil Deshmukh instead of finding out the whereabouts of Param Bir Singh, the former commissioner of Mumbai police who had accused Deshmukh of corruption with the help of some police officers when he was serving as the home minister of the state.

Raut also slammed the raids conducted recently by the Income Tax department on the family members of NCP leader and Maharashtra Deputy Chief Minister Ajit Pawar. The details of the PM Cares Fund are not made public. It is said this fund is not a government fund but a private fund. Funds worth crores of rupees are collected in the name of the prime Minister," Raut stated.

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
October 18,2021

dera.jpg

Dera Sacha Sauda head Gurmeet Ram Rahim Singh and four others have been sentenced to life imprisonment in the murder case of a former dera manager, Ranjit Singh.

Ranjit Singh, who was also a follower of the dera, was shot dead in 2002. He was murdered for his suspected role in the circulation of an anonymous letter, which narrated how women were being sexually exploited by the dera head.

A special CBI court in Panchkula, Haryana, on Monday, also imposed a fine of Rs 31 lakh on the dera chief.

The others convicted along with the self-styled godman are: Krishan Lal, Jasbir Singh, Avtar Singh and Sabdil.

The dera chief had pleaded leniency, citing the welfare works carried out by the dera. However, the CBI opposed it and demanded the "maximum punishment" under the IPC Section 302.

The court had, on Friday, convicted the five for the murder.

Over two years ago, the godman was also awarded life imprisonment for the murder of a journalist, Ram Chander Chhatrapati.

Meanwhile, prohibitory orders under Section 144 of the CrPC have been imposed in Panchkula.

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.