There’s a certain rhythmic pattern that defines the design vocabulary of Indian couturier Gaurav Gupta, whose creations have recently been spotted on American rappers Megan Thee Stallion and Cardi B. On Monday morning in India, Gupta’s blue-and-silver ruffled gown made a shared debut with Megan on the red carpet of the 94th Academy Awards.
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Indian American Raj Subramaniam would be new Chief Executive Officer of FedEx, according to an announcement made on Monday by the U.S. multinational courier delivery giant.
Mr. Subramanian would replace Frederick W. Smith, chairman and CEO, who will step down from this position on June 1. He will now be its executive chairman.
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India will set up hybrid power projects in three Islands off Jaffna, effectively replacing the Chinese venture cleared by Colombo last year.
The MoU for the project was among those signed during a meeting between visiting External Affairs Minister (EAM) S. Jaishankar and his Sri Lankan counterpart G.L. Peiris late on Monday. It is the third Indian energy project coming up in Sri Lanka’s north and east, after the recent agreements for National Thermal Power Corporation’s solar venture in the eastern Sampur town, and the Adani Group’s renewable energy projects in Mannar and Pooneryn in the north.
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The Gem & Jewellery Export Promotion Council (GJEPC) said that with the signing of India-UAE Comprehensive Economic Partnership Agreement (CEPA), India’s gem & jewellery sector would achieve annual exports of more than $10 billion to UAE.
As per the pact, the import duty on Jewellery exports to UAE from India has been reduced from 5% to 0%. And India is allowed to import from UAE up to 120 tonnes of gold at 1% duty less than the applicable duty in the first year. The volume will increase to 200 tonnes in five years.
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Nissan India on Tuesday said that it has rolled out 50,000th unit of its Sport Utility Vehicle (SUV) Magnite from the Chennai plant of Renault Nissan Automotive India Pvt Ltd (RNAIPL) alliance.
Terming Magnite as a game changer, Rakesh Srivastava, MD, Nissan Motor India, said in a statement that the company had received over 100,000 customer bookings in domestic & export markets,
“We have been able to achieve the 50,000th Magnite milestone in less than 15 months despite head winds from Covid and the semi-conductor crisis. Our employees and supplier partners have contributed immensely with innovative strategies to overcome this crisis,” said Biju Balendran, MD & CEO, RNAIPL.
Magnite was the first global product to be launched under the Nissan NEXT transformation plan. Since its launch, 50,000 Magnites have been produced in Chennai, despite the challenges of the Covid-19 pandemic and ongoing semiconductor shortage.
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The Rajiv Gandhi International Airport, Hyderabad, has been declared the best airport by size and region in the Asia-Pacific region for 2021.
This is in the category of 15 million to 25 million passengers per annum.
Luis Felipe de Oliveira, director general, ACI World, congratulated GMR Hyderabad International Airport and said that the award reflects their commitment to improving passenger experience.
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The US India Business Council (USIBC) has added three top executives to its India Advisory Council, a premier strategic body comprising a highly influential network of senior India-based executives and thought-leaders committed to growing trade and investment between America and India.
The executives are heads of India operations of 3M, Dell, J&J, and Microsoft. Ramesh Ramadurai, the managing director of 3M India; Alok Ohrie from J&J, Sarthak Ranade from Dell India and Anant Maheshwari from Microsoft India, according to a statement from USIBC.
Chanel’s global CEO Leena Nair wears humility and empathy on her sleeve
Former top-level executive in private sector is the first woman to head SEBI.
Ms. Buch becomes not only the first woman to head SEBI in the more than 30 years since its founding, but also the first former private-sector top-level executive to head the markets regulator.
Making a demographic comparison between Asian and Western countries, Denmark Ambassador to India H.E. Freddy Svane has said that India and other Asian societies are younger and will fulfil the world’s requirements in the days to come.
“India is the youngest country in the world. India and other Asian countries have more young population compared to the Western countries where the aged population is dominant. The future of the world relies on India which will turn into the world’s talent hub. The world needs you,” Mr. Svane said in his address to mediapersons at PDA Engineering College here on Wednesday.
He was here to inaugurate an innovation lab established at the college as part of a collaboration with Danish companies and institutes.
Karnataka / Denmark