December 2019

Emraan Hashmi: ‘Not easy to swim against the tide in Bollywood’ Bollywood star Emraan Hashmi says it is paramount for him to keep reinventing and breaking out of an established image even at the risk of failure. The 40-year-old actor, who started with a series of commercial movies, has shown his versatility with out-of-the-box choices such as Shanghai, Tigers and Netflix Original series Bard of Blood. “It’s important to be just completely dedicated and zoned in on what you’re doing. I always try to have a novel experience with each film I do. But it hasn’t been easy because when you are known...

MS Dhoni named captain of Cricket Australia ODI team of the decade, Virat Kohli Test skipper World Cup-winning India superstar MS Dhoni has been named the captain of the ODI Team of the Decade compiled by Cricket Australia. 3 Indians are part of the 11-man team, which includes some of the best one-day players of the 2010s. MS Dhoni, who led India to World Cup glory in 2011, also handles the wicketkeeping duties in CA’s ODI team. Apart from MS Dhoni, India captain Virat Kohli and opener Rohit Sharma also find a place in the team of the decade. Rohit...

CBI books former Maruti MD Jagdish Khattar for bank loan fraud New Delhi: The CBI has registered a case against former Maruti Udyog Managing Director Jagdish Khattar in connection with an alleged bank loan fraud of Rs 110 crore by his new company, the agency said on Tuesday. The central investigating agency has named Khattar and his company Carnation Auto India Ltd for allegedly causing a loss of Rs 110 crore to state-run Punjab National Bank (PNB). source:

IMF’s Gita Gopinath meets PM Modi amid declining growth, discusses economy Economic Counsellor and Director of the Research Department at the International Monetary Fund (IMF), Gita Gopinath met PM Narendra Modi in Delhi on Monday. The Prime Minister’s office posted a picture of PM Modi meeting Gopinath. “Had a very productive discussion with PM Shri Narendra Modi on the global and Indian economy. Look forward to continuing engagement between IMF and Government of India,” Gopinath tweeted on Monday night. source:

Randy Suess, Computer Bulletin Board Inventor, Dies at 74 Randy Suess, a computer hobbyist who helped build the first online bulletin board, anticipating the rise of the internet, messaging apps and social media, died on Dec. 10 in Chicago. He was 74. His death, at a hospital, was confirmed by his daughter Karrie. source:

Uber Founder Travis Kalanick Leaves Board, Severing Last Tie SAN FRANCISCO — Travis Kalanick, the founder and former chief executive of Uber, has stepped down from the company’s board of directors, severing his last tie with the company. Mr. Kalanick, 43, started Uber in 2009 with a co-founder, Garrett Camp, and grew it from a small start-up to a behemoth that defined the ride-hailing industry. The company went public in May and has since struggled. Investors forced Mr. Kalanick to resign as chief executive in 2017, after a series of privacy scandals and complaints of discrimination and sexual harassment at the company. source:

breaks 22-year-old record for most runs as an opener in a calendar year Rohit Sharma has broken the record for the most runs scored by an opener in a calendar year. The India opener has breached a record that stood for 22 years since Sri Lanka’s Sanath Jayasuriya scored 2387 runs in 1997. Source : The Indian Express

Sasikala used banned notes to buy malls: IT Dept to Madras HC The Income Tax Department on Friday informed the Madras High Court of having passed Assessment Orders on proceedings initiated by it against former Chief Minister Jayalalithaa’s close aide V.K. Sasikala for having reportedly purchased a resort, two shopping malls, a software company, a sugar mill, a paper mill and 50 windmills, all worth several hundred crores of rupees, using demonetised ₹500 and ₹1,000 currency notes after November 8, 2016. source:

Herro Says Healthy Markets Rely on Free-Market Capitalism David Herro, chief investment officer for international equities at Harris Associates, discusses the macro risks in the decade ahead and his view that healthy markets depend on well-regulated, free-market capitalism. Herro speaks on “Bloomberg Surveillance.” source:

Sundar Pichai gets whopping $242 million stock package in new role Alphabet Inc’s newly instated Chief Executive Officer Sundar Pichai would receive a hefty $240 million in performance-based stock awards over the next three years, the highest ever promised to any executive of the search giant. Pichai would also take home $2 million in annual salary starting 2020, according to a regulatory filing on Friday. That compares with a $1 salary received by Larry Page in the same role last year. source: