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Report Dated February 23, 2017 6:18 PM
An Indian-American has been felicitated by the Indian Consulatein Houston, USA for his contribution towards the community and starting a mission that provides education to millions in tribal India.
A native of Gabat village in Gujarat, Ramesh Shah was also awarded the ‘Pravasi Bharatiya Samman’ last month in Bangalore for his over 40 years of contribution in spreading awareness about the country around the world and working for the welfare of the Indian community ever since he moved to the US in 1970. He also established the Gujarati Samaj of Houston in 1978.
Shah was also a part of the team that organised Prime Minister Narendra Modi’s grand Madison Square Garden reception in September 2014.
He worked to bring the community together, raised money and recruited volunteers for the event.
Shah has travelled across India, Europe and the US to create awareness about the remote parts of India, including the tribal belts.
With an aim to provide education in tribal areas in India, Shah founded the ‘Ekal Vidyalaya’ chain for those who have little access to education. He is now the global coordinator of the school chain and travels worldwide to advocate the ‘Ekal mission’.
Report Dated February 11, 2017 12:45 PM
A financial technology start-up of an NRI in Singapore today launched an online platform which the company said allows consumers to transfer funds to India cheaply.
SingX Pte Ltd plans to expand the service from Singapore to allow money transfers to Malaysia, Hong Kong, Australia where it also holds licenses, and other countries, company officials said.
Launched since mid-January 2017, the service allows Singapore-based consumers to transfer funds to India at fraction of charges to consumers, they said.
Backed by some of the region’s most experienced bankers, SingX’s foreign exchange platform can help consumers and small and medium-sized enterprises save up to 90 per cent of typical remittance charges.
SingX’s Principal Founder and CEO Atul Garg said: “SingX wants to create the Airbnb of global payments with Singapore’s first peer-to-peer foreign exchange platform.”
“We are targeting consumers and SMEs, the segments we believe are underserved and are paying the highest rates for remittances. SingX’s technology can provide them with a smarter way of moving their funds, swiftly, smoothly and cheaply. They will no longer need to queue up at bank branches or fill up forms,” said Garg, a Singaporean of Indian-origin with over 25 years of banking and payments experience.
2016 report by the Boston Consulting Group commissioned by the Society for Worldwide Interbank Financial Telecommunication, estimates cross border payments at USD 30 trillion and growing at 10 per cent. The estimated revenues from cross border payments are USD 300 billion
Report Dated February 9, 2017 6:34 PM
Renowned Indian-origin British sculptor Anish Kapoor, who has emerged as a champion of Syrian refugees’ rights, on Tuesday won Israel’s prestigious one million dollar Genesis Prize for his commitment to Jewish values.
Kapoor, 62, spoke out against “abhorrent government policies” towards refugees as he was named the recipient of this year’s Genesis prize, dubbed Jewish Nobel.
The prize committee, headed by Jewish Agency Chairman Natan Sharansky, acknowledged Kapoor as “one of the most influential and innovative artists of his generation”.
Kapoor joins Itzhak Perlman, former New York City Mayor Michael Bloomberg, and actor-director Michael Douglas as recipients.
Kapoor, born in Mumbai to an Iraqi-origin Jewish mother and Indian father, said he will donate the award money to help people who have fled war or persecution.
He said he would use the money to help alleviate the refugee crisis and try to expand the Jewish community’s engagement in a global effort to aid Syrian refugees.
More than 12.5 million Syrians, including 2.5 million children, have been displaced during the current political turmoil in the West Asian state, he noted.
He also made a passionate plea to Jews around the world to speak out for refugees wherever they are.
Kapoor created the Holocaust Memorial for the Liberal Jewish Synagogue in London and the 70 candles for Holocaust Memorial Day in Britain in 2015, commemorating the 70th anniversary of the liberation of Auschwitz from the Nazis.
The prize, which is awarded by the Genesis Prize Foundation, the office of the Israeli Prime Minister and the Jewish Agency for Israel recognises individuals who have attained excellence and international renown in their fields and whose actions and achievements express a commitment to Jewish values, the Jewish community and the State of Israel.
Report Dated February 9, 2017 4:06 PM
Cayley Aerospace Inc Chief Executive Officer Eur Ing Bishnujee Singh has been elected Fellows of the Institute of Mathematics and its Applications in the UK on January 26. The honour recognises outstanding contribution to the advancement of mathematics.
The Indian-origin scientist is also a chartered mathematician of the same institute and also the first ever aeronautical engineer to be conferred as a chartered scientist with UK’s Science Council.
In 2011, Bishnujee Singh was awarded EUR ING (European Engineer) Award from FEANI Brussels. He became first ever engineer from India to receive this award.
Report Dated February 8, 2017 5:49 PM
An Indian-American girl is among 60 students in the US who have been nominated for the 2017 Presidential Scholars programme for exemplifying academic and artistic excellence.
Shreya Bhadriraju, of Elkins High School in Missouri City, Texas, is among the Arts nominees announced by The National YoungArts Foundation on January 31 for the 2017 US Presidential Scholars.
Presidential Scholars in the Arts honour high school seniors who exemplify academic and artistic excellence.
Following the nominations, the 60 candidates will be reviewed by the White House Commission on Presidential Scholars, which will ultimately select 20 high school seniors to be recognized as US Presidential Scholars in the Arts for their academic and artistic accomplishments, leadership responsibilities, community service and outreach initiatives, and overall creativity.
In June, the 20 Arts Scholars will join the other 141 US Presidential Scholars from across the country in Washington for the National Recognition Programme.
During the programme, all Scholars receive a Presidential Medallion presented on behalf of the US President and participate in several recognition activities.