NRI ( Page 60 of 83 )

NRI appreciates courtesy of Bengalore February 04, 2015 18:23

Indian-American Ashok K.Mago appreciated people of Bengalore as he got back his Mac Book Air, which he left (lost) at the security screening in Bengaluru airport. "Once I realized that I had left my Mac Book Air at Bengaluru airport, it was a foregone conclusion that I will never get it back. Surprisingly, I got it," Mago said on his return from India. "People at Bengaluru airport were not only polite, but also ensured that the lost laptop (worth $4,000) indeed went to its real owner," said Mago. He came to India for receiving the Padma Shri from the President in recognition of his contribution towards trade and industry last year. He is founder-chairman of the Greater Dallas Indo American Chamber, which renamed to US-INDIA Chamber of Commerce. While lauding the persons who returned his laptop, Mago said that he left his laptop on December 16 after passing through the security checkpoint at the airport. "I was directed to the lost and found department of the airport," he said, adding that a few days later, he received his lost laptop. He was one among a few Indian-Americans invited for the dinner hosted by President Pranab Mukherjee in honour of US President Barack Obama in New Delhi. After his appreciation, Bengalore people are expecting good work in return of their humbleness. India is expecting huge and better from NRI in empowering the Nation. -Kannamsai

NRI died of Cardiac Arrest January 02, 2015 12:32

Hasan Abdul Kabir Bagef Chaush (54), an NRI from U.A.E died of Cardiac Arrest on Tuesday night, who is in India for attending his nephew’s marriage scheduled on Wednesday at Gangapur, Aurangabad. He suffered the fatal Cardiac arrest while performing the Sharaa, a traditional dance. After his death his relatives postponed the marriage. According to relatives of Hasan Abdul Kabir Bagef Chaush, he was an official with the oil and petroleum ministry in UAE, after autopsy his body was carried to Mumbai and it shall be flown back to UAE. AW: Kannamsai

Richard Verma sworn in as US ambassador to India December 20, 2014 10:30

Indian-American Richard Verma sworn in as US diplomat to NEW DELHI, by Secretary of State John Kerry. He is the first Indian-American to be appointed for this High post. Richard Verma was confirmed by the United States Senate a week ago by voice vote. He will replace Nancy Powell, who resigned for this post over Indian officer in US Devyani Khobragade's issue. Verma was chosen for strong Indo-American ties and he’ll be arrived in India before Kerry’s visit in early January and Obama for R-Day ceremony to India. Verma parents migrated to US in early 1960s. Many affirmed his choice as the right step for better relations with India and He will deserve the position. AW: Kannamsai

Indian American jailed in fraud case December 17, 2014 16:17

Sachin Uppal, 37, An Indian American in Brighton, Michigan sentenced to 64 months imprisonment by a federal court for $3.8-million in a fraudulent investment scheme. U.S. District Judge Nancy G. Edmunds sentenced Uppal, following his August guilty plea to wire fraud charges. Court documents shows that, Uppal maintained the Jefferson Smith Trading Company LLC (“JSTCO”) from July 2007through September 2013. Though Uppal was not a licensed investment advisor, he marketed JSTCO to potential investors and accumulated investor funds, describing it as a “hedge fund.” Uppal introduced himself to the investors as a “day trader,” who commonly use investor funds to buy and sell financial instruments within the same trading day, which can reduce risk to investors.Among the victims of Uppal his family friends were also there. In this type of affinity fraud cheaters oftenly targets members from identifiable groups, such as a religious or ethnic communities or clubs. Uppal was ordered to compensate his victims in the amount of $3,867,187. Uppal simply filled his stomach with the money without conducting any trades at all. When investors asked to close their accounts and withdraw their investment funds, Uppal smoothly suggested them not loose profitable duck. Uppal promised a return of 18 to 20 percent of the total amount per year, with a minimum investment commitment of only 12 months. After accumulating initial investment, Uppal emailed his victims fake “year-to-date investment summaries” to pretend that their accounts were performing continuously and to convey them to invest additional funds. Investors are suggested to approach the Financial Industry Regulatory Authority (FINRA) website (http://www.finra.org) and its Broker Check resource before investing in any firm or to any person. Uppal really betrayed everyone who believed in him including family members and well wishers also. AW: Kannamsai

Vijay Jolly made GOPIO's Political Advisor December 10, 2014 17:23

Vijay Jolly, Member of the National Executive Committee of the BJP, has been appointed Global Political Affairs advisor of the Global Organization of People of Indian Origin, International. GOPIO established in the year 1989 and has been working for 28million NRI and Persons of Indian Origin (PIOs), in more than 25 nations across the globe. Ashook Ramsaran, president GOPIO International with headquarters in New York, US, wrote to Jolly and confirmed his appointment, said a release from Jolly's office. Vijay Jolly was in news with strong comments on than Delhi Cheif Minister Sheila Dixit and Suresh Kalmadi over alleged financial irregularities in the 3–14 October 2010, XIX Common Wealth Games in Delhi.He was member of Delhi's Legislative assembly from saket constituency. He was attacked by a mob in Nepal on july 3rd of 2014, while returning after addressing a meeting of Nepal's ruling coalition partner CPN-UML. This former BJP MLA was active in Delhi politics and is now associated with All India Incharge & Prabhari of Tripura State, BJP and All India Incharge & Convenor of Foreign Cell, BJP. Aw: Kannamsai

Weak rupee draws NRIs to Indian realty February 14, 2014 13:01

Rupee depreciation may be bad news for the Indian economy, but not so for the non-resident Indians (NRIs) scouting for property back home. Cashing in on the opportunity to buy residential units cheaper by up…

As rupee falls, NRIs exit realty February 14, 2014 13:01

Real estate is the new victim of the rapidly falling rupee. Non-resident Indians (NRIs) who hold premium properties are getting jittery and many have pressed the sell button.Says Om Ahuja, chief executive officer (CEO), Jones…

Lakshmi Mittal's Home in Second Most Expensive Street November 22, 2013 17:30

Indian steel tycoon, Lakshmi Mittal's home in London's Kensington Palace Gardens is the second most expensive street in the world. The steel baron owns house number 9a and 18-19 in the coveted tree-lined avenue. According to reports, he has put his neo-Georgian style mansion, bought in 2008, on sale. The 14,736 square feet property (9a) has been put up for only £110 million, seven million pounds less than the price it was bought by Mittal. When Mittal had bought it at £117 million, the palatial house with 12 bedrooms was the most expensive in Britain. According to realtors the average price of properties in this coveted street are sold at £122 million. The house was bought for Lakshmi Mittal's son Aditya. (Picture Source: img.thesun.co.uk) (AW: Pratima Tigga)

Indian-American Surgeon Awarded November 14, 2013 18:52

The US government has awarded Dr Rahul Jindal, an Indian-American transplant surgeon for his outstanding achievements in the country. He has been presented with the "Outstanding American by Choice" award, according to reports. Dr. Jindal is currently working with the Walter Reed National Military Medical Centre as a staff transplant surgeon. He is also assocaited with the Uniformed Services University of Health Sciences as a professor of surgery. The deputy director of US Citizenship and Immigration Services, appreciated Dr. Jindal's work while giving him the award. Jindal had played a crucial role on the groundbreaking surgery performed by the Walter Reed AMC medical team in 2009 on Thanksgiving Day. The American Society of Nephrology and other medical journals have widely covered Jindal's work in press releases. He has also set up a monthly support group for kidney patients. In Guyana Dr. Jindal had helped to setup the first comprehensive kidney dialysis and transplant program. Till now Vivek Wadhwa, Amarpreet S Sawhney, Renu Khator and Indra Nooyi are the only Indian-Americans to be honoured by this prestigious award. (Picture Source: topnews.in) (AW: Pratima Tigga)

Indian scientist in US creates 'brain' for robots October 04, 2013 17:26

A US scientist of Indian-origin has created a new feedback system that would facilitate robots to operate with minimal supervision. In short, the scientist has developed a robot brain. His latest invention might allow robots to think for themselves, learn, adapt and use active critique to work unassisted. Dr Jagannathan Sarangapani, from Missouri University of Science and Technology has developed a new feedback system will allow a "follower" robot to take over as the "leader" robot if the original leader has a system or mechanical failure. “In a leader/follower formation, the lead robot is controlled through a nonholonomic system, meaning that the trajectory is set in advance, and the followers are tracing the same pattern that the leader takes by using sonar. When a problem occurs and roles need to change to continue, the fault tolerant control system comes into use. It uses reinforcement learning and active critique, both inspired by behaviourist psychology to show how machines act in environments to maximise work rate, to help the new, unmanned robot to estimate its new course. Without this, the follower wouldn't have a path to follow and the task would fail. "Imagine you have one operator in an office controlling 10 bulldozers remotely," said Sarangapani, the William A Rutledge - Emerson Electric Company's distinguished professor in Electrical Engineering at S&T. "In the event that the lead one suffers a mechanical problem, this hardware allows the work to continue," said Sarangapani. The innovative research will be useful for robotic security surveillance, mining and even aerial maneuvering. AW: Suchorita Dutta Choudhury

Medical Licensing for Foreign Doctors in India September 30, 2013 20:00

o acquire a medical license in India, one needs to contact the Medical Council of India. Their website should provide you with the information you require as well as appropriate forms. I am also including…

Travel Medical Insurance in India September 30, 2013 19:50

The importance of having travel medical insurance is now a well known fact by people all over the world. Indian residents today are well aware of the high costs of medical services overseas. Whether you…