Indra Nooyi, Priyanka Chopra among world's most powerful women: Forbes

Agencies
November 2, 2017

New York/New Delhi, Nov 2: Five Indian women led by ICICI Bank CEO and MD Chanda Kochhar and including Bollywood star Priyanka Chopra, have featured on the list of the world's 100 most powerful women compiled by Forbes, which was topped by German Chancellor Angela Merkel.

Kochhar was ranked 32 on the coveted list while HCL Corporation CEO Roshni Nadar Malhotra took the 57th position, followed by Kiran Mazumdar-Shaw, founder-Chair, of Biocon, at 71.

Other Indians on the list include Shobhana Bhartia, Chairperson and Editorial Director for HT Media, at the 92nd place and Priyanka Chopra, "the most successful Bollywood actor to cross over to Hollywood", at 97.

Some of the other India origin women who have made the cut include PepsiCo CEO Indra Nooyi at the 11th position while Indian American Nikki Haley has been placed 43rd.

The overall list was topped by Merkel, who retained the top spot for the seventh consecutive year and 12 times in total.

Merkel is followed by UK Prime Minister Theresa May at the second position, who is "leading her country through Brexit, a historic, complex and transformative time for the country and the European Union", Forbes said.

May is followed by Melinda Gates, co-chair of the Bill and Melinda Gates Foundation, who, along with her husband Bill, has donated more than USD 40 billion in grants till date and supports organisations across over 100 countries.

Facebook COO Sheryl Sandberg, at the 4th position, and GM CEO Mary Barra (5th) rounded out the top five.

This year's list, ranked by dollars controlled, impact, spheres of influence and media presence, boasts of 23 newcomers.

At the 19th spot, Ivanka Trump is the second-highest ranked newcomer.

"Ivanka's step-mother Melania has mostly abdicated the first-lady spotlight (and doesn't appear on this year's list), but Ivanka has become a key player in the Donald Trump White House," Forbes said.

The 2017 World's 100 Most Powerful Women identifies a "new generation of icons, game-changers and gate crashers who are boldly scaling new heights and transforming the world", Forbes said.

The list covered four metrics -- money (either net worth, company revenues, assets, or GDP); media presence; spheres of influence and impact, analysed both within the context of each woman's field (media, technology, business, philanthropy/NGOs, politics, and finance) and outside of it.

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News Network
March 19,2020

New Delhi, Mar 19: As a precautionary measure to combat the spread of coronavirus, Bollywood actors including Preity Zinda, Sidharth Malhotra, and Shraddha Kapoor are maintaining their social distance, while calling on fans to follow health guidelines and maintain good hygiene.

Joining others in sharing what to do while practicing self-isolation at home, Preity Zinda on Thursday took to Instagram and shared a video where she is giving an oil massage to her mother.

In the shared video, the 45-year-old actor was seen at the comforts of her home, giving a good nice 'Champi' to her mom.

She also encouraged everyone to try 'Champi' at home as she suggested it is good for one's hair.

"To keep our heads cool during this home quarantine it felt right to give mom the classic Champi Making the most of staying home & bonding kyuki sir jo tera chakraye, ya dil dooba jaaye- aaja pyaare paas hamare, kahe ghbraye. This too shall pass #day8 #homequarantine #staysafe #oilmassage #covid19 #Staypositive #Ting," the caption read.

On the other hand, actor Sidharth Malhotra is using the self-isolation period to focus this on things one always wanted to do but could not due to time restrictions.

"It's time to take some time off and focus on things we've always wanted to do but never had enough time for. Let's read, reinvent and live our hobbies, spend time with our family and just try to do all we can to stay safe and keep others around us safe too!"

The 35-year-old actor also urged everybody to take measures to avoid the spread of the disease.

"I love you guys, so please take good care of yourself, stay at home, wash your hands and avoid unnecessary travel," he added.

Meanwhile, Shraddha Kapoor has been posting a series of pictures right from the time of her being at home as a precautionary measure from the spread of the virus.

From reading to having a home-made meal to sharing balcony pictures, the 33-year-old actor has made her presence felt online.

On Thursday, the 'Baaghi' actor shared a picture of Bamboo toothbrush, promoting the use of eco-friendly products.

"Being home #BambooToothbrush #Ecofriendly #MorningRitual," the caption read.

According to official data provided by the Ministry of Health, the country has 169 reported cases of COVID-19.

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News Network
March 6,2020

New Delhi, Mar 6: As panicky depositors rushed to withdraw money from Yes Bank whose control was seized by the RBI in a dramatic late-night move, Finance Minister Nirmala Sitharaman on Friday assured depositors that their money is safe and said the central bank was working for an early resolution of the crisis.

The Reserve Bank of India (RBI) on Thursday evening capped withdrawals at Rs 50,000 for the next one month and imposed strict limits on operations at the country's fourth-largest private lender that faced "regular outflow of liquidity" after an effort to raise new capital failed.

"I am in continuous interaction with the RBI. The RBI is fully seized of the matter and has assured they will give a quick resolution," Sitharaman said here.

She said no depositor will lose his or her money and insisted that the immediate priority is to ensure Yes Bank customers are able to withdraw money within the stipulated cap.

"I want to assure every depositor that their money shall be safe. Their monies are safe," she said. "I am constantly in contact with the RBI and the steps that are taken are taken in the interest of depositors, banks and economy. We are fully seized of the development."

She was talking to reporters after meeting State Bank of India (SBI) Chairman Rajnish Kumar. On Thursday, the SBI board gave its "in-principle" approval to exploring investment opportunities in Yes Bank.

"So I repeat, the depositors can be assured that their money is safe," she said.

Soon after the RBI takeover, depositors thronged Yes Bank ATMs to withdraw money and police had to be deployed in some places to control the crowds.

Yes Bank has 1,000 branches across the country.

Refusing to elaborate on her meeting with the SBI chairman, the minister said that "was on a completely different matter".

"RBI governor has given me assurance that there will be an appropriate resolution soon. No depositor will lose (money)," she said. "Reserve Bank has taken cognizance of the problem."

The central bank, she said, has gone through the "process over and over again to find out an amicable solution".

"And that has been over the last couple of months. So it is not as if they have come in suddenly now. We have been monitoring the situation," she said adding the RBI has appointed an administrator who previously was with the SBI.

"Both the RBI and the government are looking at this with all the details before them, not just today. I have personally monitored the situation over the last couple of months with the RBI. Therefore we have taken a course which will be in everybody's interest," she added.

Yes Bank had been seeking new capital since last year to bolster its ratios and quell questions about its stability due to its exposure to the non-banking finance industry entangled in a prolonged crunch in the local credit market.

The SBI chairman said the resolution to the Yes Bank crisis will come "very shortly".

"This is not a sectoral problem. It is a bank-specific problem," he said. "The RBI will take all steps to ensure financial stability."

On SBI picking up a stake in Yes Bank, he said the lender already has an in-principle approval for doing so.

"If SBI has to pick up a stake in Yes Bank, we have an in-principle approval for that," he said.

Commenting on the crisis at Yes Bank, Alka Anbarasu, Vice President – Senior Credit Officer, Financial Institutions, Moody's Investors Service, said: "RBI's moratorium on Yes Bank is credit negative as it affects timely repayment of bank depositors and creditors."

"While Moody's expects Indian authorities will take steps to prevent the weakness in the bank's viability from significantly impacting its depositors and senior creditors, the lack of a coordinated and timely action highlights continued uncertainty around bank resolutions in India," she said.

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News Network
January 15,2020

Chennai, Jan 15: Superstar Rajinikanth on Tuesday called for neutrality in journalism and urged media outlets to report the truth.

Addressing an event organised by Tamil magazine ''Thuglak' in Chennai, the superstar-turned-politician said that the country needs a journalist like the late Cho S Ramaswamy, who helmed the publication for decades.

"The times, politics and society are going bad. In such a scenario, the media had a huge responsibility towards the people," he said.

Some television channels are biased towards political parties, Rajinikanth said. He added that media, critics and journalists must report the truth impartially.

Comparing true news to milk and fake reportage to water, Rajinikanth said people will not be able to distinguish between the two if they are mixed.

"Only journalists need to tell which portion is milk and which is water...write the truth and don't make a lie seem like truth," he said, amid applause.

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