January 2020

Markets seriously underpricing US-Iran risks, threat not over: Nouriel Roubini In between the possibilities of a full-scale war leading to a recession and a risk-free scenario, there is possibility of limited contained conflicts via proxy wars which will lead to global growth slowdown, says Nouriel Roubini, Chairman, Roubini Macro Associate, in an exclusive interview with ETNOW. Just about 48 hours ago, the global financial markets were on tenterhooks about the Iran-US situation after General Qesim Soleimani’s assassination and the retaliation from Iran. But markets were quite pleasantly surprised by the way it has dialed down. Do you think this is over? Has...

Amid US-Iran tensions, UN chief Antonio Guterres says world cannot afford another war, asks all parties to exercise maximum restraint United Nations: In the wake of an Iranian ballistic missile attack on airbases which house US forces in Iraq, UN Secretary-General Antonio Guterres has said he would continue his active engagement to de-escalate tensions and avert full-scale war, which the “world cannot afford.” In a statement released by his spokesperson Stephane Dujarric on Wednesday, Guterres re-iterated the “passionate appeal for peace” he made on Monday, after tensions rose dramatically across the whole Gulf region, following the killing of the top...

In discussing MS Dhoni’s future, Ravi Shastri drops biggest hint about T20 World Cup participation Team India head coach Ravi Shastri has equated former Indian captain MS Dhoni to Kapil Dev as far as his fitness standards are concerned. He also believes that considering the age of Dhoni, he is best suited to the shortest format of the game. In an interview ahead of the 3rd T20I against Sri Lanka, Shastri revealed that they had a discussion regarding his future in the Indian team, but the same could not be made public. “We had a conversation but that’s between me and MS,...

Former Harley executive Rod Copes quits Royal Enfield MUMBAI : Rod Copes, who serves Royal Enfield as head for the North America (including Canada) and Latin American markets, has resigned from his post after a stint of over 5 years, two people aware of the development told Mint. While his departure will leave Royal Enfield’s plans to further build up the lucrative North American markets in a lurch, industry veterans say that it would be difficult for the company to find an able replacement. Copes came on board at Royal Enfield in July – August 2014 with about 20 years of...

Kajol Recreates Iconic Train Scene from DDLJ as She Promotes Tanhaji with Ajay Devgn Kajol and Ajay Devgn have been promoting their upcoming film Tanhaji: The Unsung Warrior across various platforms. During one of the promotions in a reality show, Kajol was seen recreating the iconic train scene from Dilwale Dulhania Le Jayenge (DDLJ) where the actress was paired opposite Shah Rukh Khan. According to a report by Mumbai Mirror, Kajol recreated the ‘Ja Simran Ja’ moment from DDLJ after one of the contestants requested the actress for the same on the dance reality show Dance+ 5. Source: News18

New Zealand Tour Will be a Challenge And I am Up for It: Rohit Sharma A lethal bowling attack that executes its plans to near perfection makes New Zealand one of the toughest places to play cricket, says top India batsman Rohit Sharma but also asserts that he is ready for the challenge coming up next month. After three hundreds, including a double against South Africa in his first Test series as an opener, Rohit will be facing an attack comprising Neil Wagner, Matt Henry, Trent Boult and Tim Southee in the two Test matches in Wellington and Christchurch in...

Prithvi Shaw ruled out of India A’s practice games in New Zealand Opener Prithvi Shaw was on Tuesday ruled out of India As two upcoming practice games in New Zealand, the BCCI said in a statement. A call on his participation in the one-day and four-day matches in New Zealand will be taken at a later stage, the statement said. “Team India batsman Prithvi Shaw suffered from rotator cuff and labrum injury to his left shoulder while fielding on Day 1 (January 3) of the Paytm Ranji Trophy match between Mumbai and Karnataka. Prithvi is currently under rehab at the...

Investors should shift to value stocks from overpriced names: S Naren It is tough to predict how the geopolitical situation will pan out, but higher crude oil prices could be negative for India, said S Naren, executive director, ICICI Prudential Asset Management. In a press meet on Monday, Naren said investors can make lump sum investments in smallcaps, which are undervalued after the recent sell-off. Edited excerpts: How will the geopolitical tensions between Iran and US impact India?It is tough to predict how the geopolitical situation will pan out. However, crude oil going up is negative for India. If the situation deteriorates...

Kia Motors India Executive Director Yong S Kim moves to a global role NEW DELHI: South Korean car manufacturer Kia Motors India’s executive director Yong S.Kim is moving to a global role in Korea, people aware of the development said. Apart from driving Kia Motors to become one of the highest-selling SUV brands in India led by the success of Seltos, Yong S Kim was also responsible for overseeing the sales function, mid-to-long-term strategic plans of Kia Motors India, and coordination with Kia Motors Corporation‘s head office in South Korea. Source: ET Auto.com

Kia Motors India Appoints Tae-Jin Park As Executive Director & Chief Sales Officer Preparing to launch two new vehicles in the Indian market this year, Kia Motors India has today announced the appointment of Tae-Jin Park as Executive Director & Chief Sales Officer, with immediate effect. Park will be responsible for driving Kia Motors’ Sales, Marketing, Service and Network Development in the Indian market. Park has replaced Yong S. Kim, who has played an instrumental role in establishing brand Kia in India. Kim has led the establishment of the widest network for a new automobile brand in India and has...