Portrait News

Carlos Ghosn with the wind: Ex-Nissan boss escapes Japan without passport, reaches Lebanon Name is Ghosn, Carlos Ghosn. That is pronounced somewhat like gone in the Gone With The Wind. But why are we talking of these allusions to Hollywood? This is because Carlos Ghosn, who was boss at auto giant Nissan until 2018, has pulled off a stunt straight from a Hollywood film. Ghosn, confined to Japan with his passports — all three of them — seized by Japanese authorities, has managed to give them a slip and reached Lebanon. No one is sure how Ghosn has managed to...

IL&FS ‘test case’ for group resolution: Uday Kotak NEW DELHI : IL&FS Group Chairman Uday Kotak at the new board’s first Annual General Meeting (AGM) on Tuesday said the ongoing resolution process of the debt-ridden group is a “test case” for group-wide resolution of stressed assets in the country. Addressing the 32nd AGM of the group, Kotak said the absence of requisite legal framework for group resolution under Insolvency and Bankruptcy Code (IBC) required the new board to propose the ‘first-of-its-kind” resolution framework that balanced interest of stakeholders across classes and levels, while keeping broad principles of corporate finance in mind....

Reliance announces Jiomart to take on the online grocery shopping business Well, the website of JioMart with the tagline “India ki nayi dukaan” is a a new grocery shopping experience from Reliance Industries Limited, the country’s most valued firm. This in turn is expected to take on online grocery specialists- Bigbasket and Grofers, as well as global e-commerce giants Amazon and Walmart. The JioMart app can be soon soon downloaded on apple and android platforms. Currently web services of JioMart are available in the outskirts of Mumbai, in suburbs such as Navi Mumbai, Thane and Kalyan. And this will be scaled up nationally soon. Source: Business Standard

Sharapova to return next month as Brisbane wildcard Former world number one Maria Sharapova will return to tournament action at the Brisbane International next month after being awarded a wildcard to play in the Australian Open warm-up. The five-times Grand Slam champion, who last played a competitive match in the first round of the U.S. Open in August, has dropped to 133rd in the world after a season in which injuries restricted her to eight tournaments. The 32-year-old Russian will join current world number one Ash Barty, Naomi Osaka and Karolina Pliskova in a strong field at the Queensland Tennis...

Lionel Messi wants Neymar to come take his place at Barcelona: Report Lionel Messi has told Neymar that he is ready to quit FC Barcelona and make way for him, if needed, as the Catalan giants are looking to the Brazilian star as a replacement for the Argentine striker, according to reports. According to France Football as quoted by The Sun, Messi sent a WhatsApp to his former teammate and Paris Saint Germain striker that read: “Only together can we win the Champions League. “I want you to come back. In two years, I’m leaving, and you’ll be alone, you’ll...

Indian Grandmaster Koneru Humpy wins World Women’s Rapid Chess Championship in Moscow Indian Grandmaster Koneru Humpy claimed the World Women’s Rapid Chess Championship title after drawing the Armageddon game against China’s Lei Tingjie in Moscow on Saturday. Rapid Chess Championship is a tournament played under rapid time controls. Each player is given less time to consider their moves when compared to normal tournaments. Armageddon chess is a particular variation in which different rules apply for each of the two players. The tournament was held by FIDE, the international organisation that connects the various national chess federations globally. Source: The News Minute

Elon Musk proposes quake-proof, multi-level tunnels to kill global traffic New Delhi: Tesla CEO Elon Musk on Sunday made a strong pitch on Twitter for the need of multi-level tunnel system to tackle the growing traffic woes globally. Musk started with a Twitter poll where he received 66 per cent support from his followers for the idea of building earthquake-proof tunnels. “We should build more tunnels. Put trains in them or cars or whatever, but every large city on Earth is plagued by traffic & it’s getting worse,” Musk posted. “Multi-level tunnels might solve this, so worth trying… Build super safe,...

Ivanka Trump indicates she might leave White House if father is re-elected in 2020 Washington DC: Ivanka Trump, the daughter and advisor to US President Donald Trump, has indicated that she could exit the White House if her father is re-elected in the 2020 presidential election. In a CBS interview, Ivanka said that she is “driven first and foremost by my kids and their happiness” when asked if she would continue to serve in the administration if her father wins again in the forthcoming presidential polls. Source: Zee News

Vladimir Putin thanks Donald Trump for helping foil terrorist acts in Russia Russian President Vladimir Putin spoke with President Donald Trump on Sunday to thank him for information that Putin said helped Russia foil terrorist attacks over the New Year’s holiday, the Kremlin said. Putin thanked Trump “for information transmitted through the special services that helped prevent the completion of terrorist acts in Russia,” the Kremlin said in a brief statement posted on its website. Source: Money control

Chinese scientist who created gene-edited babies last year gets 3 yrs jail A Chinese scientist who created the world’s first “gene-edited” babies has been sentenced to three years in prison for illegally practising medicine and violating the country’s medical regulations and ethics. He Jiankui, then an associate professor at Southern University of Science and Technology in southern China’s Shenzhen province made a splash in November 2018 when he said that he had used gene-editing technology known as CRISPR-Cas9 to change the genes of twin girls to protect them from getting infected with the AIDS virus in the future. Source: Hindustan...