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Delhi and Donald Trump Wi Wednesday, May 05 to May 11, 2016 1 Vol. 13 Issue 44 Wednesday, May 05 to May 11, 2016 www.thesouthasianinsider.com Price $1 Published Weekly from New York Debt trap in UAE : To repay or to run away? Story ON Page 21 (Agencies) Dubai: If you are steeped in debt and are thinking of fleeing the UAE, think again.As simplistic as it may seem, the long arm of the law can catch Confessions of a Trump Tabloid Scribe up with you sooner than later. (Contd on page 20) How New York's gossip pages helped turn a lying real estate developer into a celebrity. Former Ranbaxy Owners Malvinder, Nargis Fakhri Refash- ions Sangeeta Bijlani's Shivinder Mohan Singh Fined Rs 2,600 Crore iconic 'Oye Oye' In The Sankyo later sold Ranbaxy to Mumbai- the backdrop of a slew of sanctions imposed based Sun Pharma. The deal came against by the (Contd on page 27) Film 'Azhar' Top 50 Defaulters of Indian banks have exposure of Rs 1.2 Lakh Crore (News Agencies) New Delhi : Top 50 defaulters of public sector banks had an (News Agencies) Billionaire Malvinder exposure of Rs 1.21 lakh crore as of Mohan Singh and his younger brother December 2015. Shivinder Mohan Singh have been asked to Giving this information in the Rajya pay nearly Rs 2,600 crore in fine to Daiichi Sabha, Minister of State for Finance Jayant Sankyo, for "suppressing and Sinha said the number of wilful defaulters misrepresenting" facts about the 2008 deal of PSU banks rose from 5,554 to 7,686 in involving the sale of controlling stake in the three years to December 2015 while Ranbaxy to the Japanese drugmaker. the amount involved more than doubled to were 1,365 borrower accounts having The penalty was decided by a Singapore Rs 66,190 crore from Rs 27,749 crore. funded outstanding loans of Rs 500 crore court that was hearing an arbitration case “The total exposure of top 50 defaulters and above at the end of December 2015. filed by Daiichi Sankyo in 2013. The Singh of PSBs (public sector banks) as on He further said the government has taken brothers, former Ranbaxy promoters, had December 2015 was Rs 1,21,832 crore,” specific measures to address issues in sold their stake in the drugmaker to Daiichi he said in a written reply in the upper sectors such as infrastructure, steel and Sankyo for $2.4 billion in 2008. Daiichi house. In another reply, Mr Sinha said there textiles, (Contd on page 27) Doshi STEM Institute to close in June (News Agencies) Long Island- been in jeopardy. Enrollment and officials said. The Doshi STEM Institute, Long interest in the STEM institute The Doshi STEM Institute was Island’s first science-focused high waned, officials said, after financial founded in 2013 in an attempt to school, will close at the end of the support was pulled by co-founder create a competitive, specialized school year in June because of a Dr. Leena Doshi, a radiologist who science high school that would pair $1 million budget gap and stagnant owns several imaging centers. The students with expert educators and enrollment, officials said. It shares nonprofit Doshi Family Foundation working scientists from Cold Spring Story the Syosset campus of the initially committed $1 million over Harbor Laboratory and Brookhaven BOCES-operated Long Island High four years to the school, but so far National Laboratory. ON Page 31 School for the Arts, which also has has provided $150,000, BOCES (Contd on page 27) Wednesday, May 05 to May 11, 2016 TRI STATE-COMMUNITY 2 NYC Uber Drivers Announce Creation of ALLES ately formed an alliance in or- firms and others, while urging A Solidarity Organization der to protect their rights, rally New York City and New York public support and maximize State to regulate Uber, Lyft, for Drivers & Passengers their negotiating power. and other Transportation Net- Since Uber management work Companies (TNC). New (By a staff reporter) New bership cards. controls the fares charged for York City drivers have found York- Uber drivers from all five The formation of ALLES the service, drivers want and that their passengers feel simi- boroughs recently were in at- was the drivers’ response to need security and protection. lar exhaustions. Employees for tendance for the announce- the recent National Labor Re- Uber financiers are forcing Wall Street banks, law offices ment of ALLES, a labor soli- lations Board’s (NLRB) deci- drivers to work long hours and insurance firms often find terns earning too little in the darity association aimed at sion to deny employee rights without any benefits or labor themselves working long hours modern “gig” workplace to bringing drivers and their pas- to California Uber drivers. With law protections. ALLES will without receiving a penny of keep up with huge debts and sengers together. Over the the road to forming a traditional work to protect members from regular or overtime pay. Other payments on college loans, all last few weeks 1,000 NYC union temporarily blocked by being taken advantage of by riders are part-time workers, without health and pension Uber drivers have signed mem- the NLRB, the drivers immedi- car companies, insurance independent contractors or in- benefits. Fareed Zakaria To Lead Healthcare 2020 CEO Forum With Healthcare Leaders From Around The World At AAPI’s 34th Annual Convention from across the spectrum to dis- Fareed Zakaria leading this pres- she added. Fareed Zakaria writes cuss and provide insights into tigious forum,” says Dr. Seema a foreign affairs column for The what to look for in the year 2020 Jain, President of AAPI. “Repre- Post. He is also the host of CNN’s in the healthcare sector. sentatives from the healthcare Fareed Zakaria GPS and a con- Fareed Zakaria, a world re- industry, including leading CEOs tributing editor for The Atlantic. nowned journalist and author will from hospitals, pharmaceutical Before being named to his posi- lead this in-depth Healthcare companies, academicians, intel- tion at time in October 2010, 2020 CEO Forum by AAPI, which lectuals and physicians, who will Zakaria spent 10 years overseeing will look at the major global de- focus on the changing trends in Newsweek’s editions abroad and velopments in the rapidly chang- the healthcare sector and how eight years as the managing editor ing healthcare sector, with an they impact the providers, hospi- of Foreign Affairs. He is the author of emphasis on new ideas and in- tals and corporations as well as “The Post-American World” (2009) novative solutions to America’s the patients. The Forum will also and “The Future of Freedom” complex healthcare related is- offer insights into managing effi- (2007). Born in India, Zakaria re- (Press Release) New York: in the nation makes the sues. ciently the growing costs in the ceived a B.A. from Yale College and For over three decades, the As- healthcare industry and those “We are proud to have the delivery of healthcare services,” a Ph.D. from Harvard University. sociation of American Physicians who provide and benefit from of Indian Origin (AAPI) has been healthcare services ever more in the forefront, educating, inform- challenging. Now, as the Suresh Wadkar To Hold A Music Workshop in NJ ing, advocating and providing a healthcare industry is rapidly Much of Classical Bhajans, he has always forum for the over 100,000 mem- evolving with the changes con- Music has now become been a firm believer in deal- bers whom it represents to have stantly impacting the providers, evident in the popular cul- ing with every project with a collective voice in the the Government, and patients, ture of Bollywood songs versatility and that is the healthcare industry in the United AAPI is once again playing a lead and music. He works in- kind of musical atmosphere States. The fluid political climate role in bringing together leaders cessantly towards spread- he wishes to propagate. ing the roots of music far There is always scope for a Seminar for elderly organized and wide into the world newer voice, for a newer ap- through apt guidance and proach and for innovation in (By a staff reporter) New York- Bruhud New York Senior leaders instruction. Having lent his every field of music and this Shashikant Patel& Gopi Udeshi recently organized ‘ Trigunatmak voice for numerous he believes is the outlook Seminar’ of Dr. Dilip and Dr. Dipika at Saneeswara Temple in Bollywood and Marathi films that has been blessing the New York. The main topics of discussion were Urological prob- lems in elderly, its significance and solutions, importance of laugh- and devotional songs or Bollywood Music Industry. ter in daily life and stress remover and practicing essence of ‘Bhagvat Gita’ in daily life of ‘Kaliyug’. (By Staff Reporter) Arriving on May 14th, is a highly an- ticipated, one of a kind Mu- sic Workshop by Suresh Wadkar where he will be teaching how to tackle the in- tricacies of Bollywood music. Suresh Wadkar heads a mu- sic institution with a legacy of Seen in picture from the event (Left to Right) : over 83 years and perseveres Suresh Udeshi, Dr. Jatin Kapadia,Chandrakant Shah, Dr. to maintain the traditional Dipika Docotr, Dr. Dilip Docotor,Bharat Patel, Gopi Udeshi, and timeless quality of Dr. Ajay Lodha, Shashikant Patel, Amita Amin, Mukund Hindustani Classical mu- Mehta, Jitendra Jhaveri, Bhagubhai Patel, Jayant Patel. sic. Wednesday, May 05 to May 11, 2016 TRI STATE-COMMUNITY 3 Senior program held by India American Forum Community Center in Beth Gulati and Vijay Goswamy, Chairperson of IAF, wel- success as a Centenarian page, Long Island.
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