NRI Worldwide > NRInterest
US police officer who assaulted Indian finally charged
Report dated Today @ 7:22 PM
Federal officials have charged former Alabama police officer Eric Sloan Parker, 26, with violating the civil rights of Sureshbhai Patel, a 57-year-old grandfather, whom he attacked using unreasonable force.
The attack that was made on Patel as he walked outside his son's home in an Alabama suburb, and resulted in Patel suffering various injuries including partial paralysis, when Parker pushed him to the ground.
Parker who maintains his innocence, also faces state assault charges.
Alabama Governor Robert Bentley apologised to the Indian government for the treatment of Patel, calling it a case of 'excessive force'. Parker was fired from his job.
PepsiCo CEO Indra Nooyi receives $19.1 million pay package
Report dated Today @ 5:53 PM
PepsiCo CEO Indra Nooyi was given a pay package worth $19.1 million in 2014 after the snack and beverage maker said it met its own financial targets for the year.
The compensation for Nooyi who has been CEO since 2006, represents a 45 percent jump from the previous year's pay of $13.2 million.
The increase was the result of a long-term bonus that vests at the end of three years.
NRIs trapped in Yemen to be evacuated in ships
Report dated Today @ 5:47 PM
The Government of India is arranging two ships to bring back Indians trapped in Yemen following the conflict between the government and rebel forces.
The Indians will be transported in ships to neighbouring Djibouti and from there by air to India. The airports in Yemen were closed due to the fighting between the rival forces. Indians who could not make it to the ships are to be taken by road to Saudi Arabia.
Kerala Chief Minister Ommen Chandy urged the Indian Ambassador in Yemen to assist Malayali nurses who had complained that their employers are refusing to return their passports and other documents, and all Malayali expatriates in Yemen wishing to return home have been directed to contact the Indian embassy.
NRIs head home as economy picks up pace
Report dated Today @ 5:43 PM
The trend in NRIs returning from overseas to work back home has increased as the economy picks up pace. This, even though the premium managers expected a few years ago has nearly halved.
The trend is also no longer restricted to largely IT, as recruitment experts say it is a more broad-based trend now, encompassing banking, finance, pharma, auto, textiles and food processing.
The search for top talent coupled with high inflation in India has also helped to reduce the difference in compensation between India and the West. According to experts, with economic growth stalling in the West, leading to slower career growth opportunities, India is a market that appears more dynamic and offering better job prospects to NRIs. The standard of living has also risen in India and international schooling is better and more affordable.
NRIs are also in demand as they have gained experience in developed markets. Generally they are considered to have worked in a more professional environment where ownership and decision-making has been encouraged. They also have a good understanding of the cultural differences between India and other developed markets.
Cricket World Cup : Australia beat India to reach final
Report dated 27/03/2015 @ 3:54 PM
Defending champions India was beaten in the world Cup semi-final in Sydney, when Australia won with a 95-run victory, as Steve Smith and Aaron Finch together clinched the highest score in a World Cup semi-final.
For India, the defence of the trophy they won at home four years ago, and a run of 16 consecutive wins in major one-day tournaments - the World Cup and Champions Trophy - is over.
Reports say captain MS Dhoni's biggest mistake was calling incorrectly at the toss which resulted in India having to bowl first on a Sydney pitch that was full of runs.
Nevertheless it has emerged that Dhoni is an incredibly selfless skipper, as whenever Dhoni was given a business-class seat as captain of India on a flight, the seat was handed over to a fast bowler to stretch out his limbs, sprawl a little, and get more leg room, while Dhoni moved to economy.
The semi-final was the fifth and last game to be held at Sydney this tournament.