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Finance Minister Jaitley (TIP): Defense Secretary James Mattis SBI, Bank of Baroda, Indian Bank and Vijaya Bank May Not Need Capital

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Finance Minister Jaitley (TIP): Defense Secretary James Mattis SBI, Bank of Baroda, Indian Bank and Vijaya Bank May Not Need Capital # 1 Indian American Weekly: Since 2006 VOL 6 ISSUE 50 ● DALLAS ● DECEMBER 21 - DECEMBER 27 , 2018 ● ENQUIRIES: 646-247-9458 www.theindianpanorama.news Defense Secretary James Mattis Submits Resignation, Govt. of India to infuse Rs 83,000 cr citing differences in viewpoints in Public Sector Banks in next few with the President WASHINGTON months: Finance Minister Jaitley (TIP): Defense Secretary James Mattis SBI, Bank of Baroda, Indian Bank and Vijaya Bank may not need capital. will resign at the end of February, he informed NEW DELHI (TIP): The government on President Trump in a Thursday, December 20, said it will enhance letter Thursday, the capital infusion in public sector banks to December20. The Rs 83,000 crore, taking the total to Rs 1.06 lakh defense secretary said crore for the fiscal. he is stepping down The capital will be pumped in over the next Defense Secretary James Mattis because of the few months, Finance Minister Arun Jaitley has resigned in view of differences in said, adding that the move will increase the differences of opinion with the viewpoints with Mr. lending capacity of public sector banks President Trump. (PSBs) as well as help some of them come out News of Mattis' impending departure comes the day of RBI's watchlist. after Mr. Trump's sudden announcement about Syria, a The government had earlier announced decision he made without consulting security officials in infusion of Rs 65,000 crore in PSBs in 2018-19, his administration. "Because you have the right to have a of which Rs 23,000 crore has already been Secretary of Defense whose views are better aligned with disbursed, while Rs 42,000 crore is remaining. Finance Minister Arun Jaitley with Banking Secretary Rajeev Kumar addresses a press yours on these and contd on Page 20 contd on Page 20 conference, in New Delhi on Thursday, December 20, 2018. Photo / Courtesy PTI Obama honored with RFK Human Rights Award Dow falls below 23,000 NEW YORK (TIP): President for first time in 14 months New Year Special Edition Barack Obama was honored NEW YORK (TIP): Stocks tumbled Wednesday, December 12 night with the Wednesday, December19, as investors fretted Articles and Robert F. Kennedy Human Rights over a growing list of concerns, including advertisements are "Ripple of Hope" award at a gala in New slowing economic growth, trade policy and invited for the New Year York. the threat of a U.S. government shutdown. "I'm very humbled by this honor. I'm The Dow lost 464 points, or 2 percent, to Special edition by not sure if you've heard but I've been on close at 22,860, the first time the blue-chip December 30, 2018. this hope kick for a while now," Obama index has closed below 23,000 points since Please email to said in his speech Wednesday to laughs October of 2017. The Dow has lost nearly from the audience. "I gave a big speech 1,700 points, or 7 percent, over the last six [email protected]. on hope. I ran a couple of campaigns. trading sessions. For any question, Hope. It's my kind of thing. ... So I'd like The selling in the last two days came after Barack Obama, former US President speaking after please call to thank all of you for officially the Federal Reserve raised interest rates for validating my hope credentials."Later receiving "Ripple of Hope"Award presented by the fourth time this year and signaled it was 646-247-9458. in his remarks, Obama said, "It can be Robert F.Kennedy Human Rights in Manhattan on likely to continue raising rates next year, 12th December 2018 Visit www.theindianpanorama.news tempting to succumb to the cynicism, although at a slower rate than it previously contd on Page 20 Photo / Mohammed Jaffer-SnapsIndia forecast. contd on Page 20 Three Indian-Origin Teens Among CricRealty Announces Cricket Time Magazine's 25 Most Influential Stadiums in 8 major cities NEW YORK/ ALLEN, TX (TIP): The CricRealty NEW YORK- DALLAS Company, Dallas announced , December 18, that the town of MARKETING Allen, TX has been selected as one of 8 proposed sites for professional cricket stadiums. STAFF REQUIRED The multi-use facility will serve We are looking for marketing persons for The Indian the growing need of pro-cricket Panorama print editions and the web portal at a couple of while bringing urbanization and development to the area. locations which include Long Island, Queens, Manhattan The two phased project has a 35-acre stadium facility that and Buffalo in New York,Jersey City and Edison in New plans to house an International Cricket Council (ICC) Jersey, Stamford in Connecticut, Atlanta in Georgia, certified Cricket ground, Training Facilities & Club house Houston and Dallas in Texas, and Chicago in Illinois. and a 25-acre parcel which will have a multi-use facility of offices, residences, commercial, entertainment centers and Persons with experience in newspaper reporting will be preferred. Indian-American Kavya Kopparapu, Rishab Jain, and British-Indian hotels. Amika George have been named among the 25 most influential The CricRealty Company has been working with strategic The individual must be a person with experience in teens of 2018 by Time Magazine partners including Donnie Nelson & Thakkar Developers to marketing and public relations, confident, independent develop the Cricket stadium &the multi-use facility. and able to handle marketing on his/her own with HOUSTON (TIP): Three Indian-origin students have been The CricRealty company has also been working with JLL minimum support from the management. named among the 25 most influential teens of 2018 by Time since 2016, to identify and develop cutting edge Cricket magazine for making a mark in various spheres. Indian-American infrastructure in the United States. The group is developing Compensation will be based on experience with up to 40% revenue created by the individual. Kavya Kopparapu, Rishab Jain, and British-Indian Amika George similar stadiums in other markets including Atlanta, are among the group who have become an inspiration for Chicago, Orlando, Washington DC, New Jersey, New York youngsters across the world. Rishabh Jain, who is in eighth and California. The group is looking to position itself as the Anyone who would like to work with us part time and standard and lives in Oregon, has developed an algorithm that can key player in developing Cricket infrastructure in the on the basis of revenue sharing may email to possibly be a cure to pancreatic cancer. contd on Page 20 United States. contd on Page 20 [email protected] or contact at 646-247-9458. THE INDIAN PANORAMA 2 INDIANS ABROEAD FRIDAY, DECEMBER 21, 2018 Indian Boy developed Mobile App at 9. At 13, Indian American to take over owns Software as the CEO of FedEx Express Company in Dubai Aadithyan Rajesh's Dubai on Jan. 1, 2019 company - 'Trinet Solutions' has a total of three Raj Subramanian joins the elite group of Indian American blue chip company employees. CEO'sSundar Pichai, Satya Nadella, Shantanu Narayen Indra Nooyi MEMPHIS (TIP): Indian American Raj Subramanian will take over as the next President and CEO of FedEx Express on January 1, 2019. Mr. Subramanian who currently serves as the Executive Vice President, Chief Marketing and Communications Officer of FedEx Corp, will succeed David L. Cunningham, who will retire on December 31, 2018. FedEx Express, based in Memphis, is the largest division within Aadithyan Rajesh, a student from Kerala, FedEx, which delivers packages and freight to more than 375 cities in was only nine years old when he 220 countries every day. developed his first mobile application as a Subramanian will now join the likes of such prominent Indian hobby to beat boredom and also has been American executives as Google CEO Sundar Pichai, Microsoft CEO designing logos and websites for clients. Satya Nadella, and Adobe Inc Chairman and CEO Shantanu Narayen who served as CEOs of major US companies. Former PepsiCoCEO DUBAI (TIP): A 13-year-old Indian boy Indra Nooyi was a part of that elite company before she stepped in Dubai, who developed his first mobile down from her position earlier this year. The elite quartet of blue application four years ago, also owns a chip company CEO's are accountable for over 650,000 employees. Trivandrum, India born Raj Subramanian will take over as the next software development company, a media Born in Trivandrum, India, Subramanian earned his President and CEO of FedEx Express on January 1, 2019. report said Sunday. undergraduate degree in chemical engineering from the IIT Bombay communications of FedEx Services in 2013 before the announcement Aadithyan Rajesh, a student from in 1987. He went on to earn a master's in chemical engineering from of his promotion to take place next year. Kerala, was only nine years old when he the Syracuse University and an MBA from the University of Texas, Cunningham, who joined FedEx in 1982, will enjoy retirement developed his first mobile application as a Austin in 1989 and 1991 respectively. The 27-year FedEx veteran after a 36-year-long career. Prior to assuming his former position of hobby to beat boredom and also has been joined the company in 1991, quickly rising up the ranks, eventually CEO, Cunningham was chief operating officer and president, designing logos and websites for clients. becoming executive vice president of marketing and international, for FedEx Express. The tech wizard, who started using a computer when he turned five, has finally launched his own company 'Trinet Indian-Origin Drunk Worker Jailed for Indian-Origin Executive named head Solutions' at the age of 13, the Khaleej Times reported.
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