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INDIA'S GLOBAL MAGAZINE
INDIA ABROAD
 
 
Miandad, Dawood: Uniting in matrimony
Former Pakistani cricket captain Javed Miandad first denied and later confirmed news of his eldest son's plans to marry the daughter of underworld don Dawood Ibrahim. “Yes the marriage will take place...but there are no immediate plans for it,” Miandad told the media from Lahore .

 
The marriage, he said, will be with the attendance of all family friends and relatives. When asked if he was anticipating any backlash, Miandad said “it will happen”. Reacting to media reports which claimed that wedding ceremony was slated to take place secretly in Dubai , the cricketer said there were no immediate plans for the wedding.

Upset over the media hype over his son Junaid's engagement with Dawood's daughter Hooria, Miandad said, “Much rubbish is being said about the engagement. I want to make it clear that nothing secret has been done.” Apparently, Miandad's wife Tahira Sehgal is a close friend of Dawood's wife. Junaid and Hoor are said to have met at Oxford , where both of them are studying. Junaid, 22 has been in London since 2000 while Hooria went there two years ago.

He says it won't be a secret ceremony and the time and venue are yet be decided. He also told the media that the family is busy shopping for the wedding and promises a public announcement soon.

Dawood is wanted by the Indian government for masterminding the 1993 serial bomb blasts in Mumbai. He is also on the UN's most wanted list.

Broking into the top 100

Merrill Lynch financial advisor Raj Sharma, has been recognised as one of ‘ America 's 100 Top Brokers' by Barron's magazine for a second consecutive year. The recognition is based on criteria such as having the biggest books of business, and on a range of qualifications, including revenue, customer satisfaction and other factors. “Making this list is an incredible honour and a testament to Sharma's professionalism and success in serving his clients,” said Merril Pyes, managing director for the Boston Financial Centre.

Sharma has been with Merrill Lynch for 17 years, serving investors with comprehensive financial. “The credit goes to my entire team. I applaud their dedication to client service and satisfaction,” Sharma said. He heads a team of professionals specialising in private wealth management, financial, estate and philanthropic planning who handle family wealth worth $2.5 billion. The team includes Sharma's partners Ken Sharma and Chris Kemp; an administrative team comprising Christina Caputo, Deanna Riccitelli and Michael Bozzi; and investment analyst Binita Patel.

Barron's is a weekly magazine published by Dow Jones and was established in 1921 for private investors, money managers and corporate executives involved with the financial community.

   
Infosys 8th fastest growing IT firm in US
Bangalore-based software giant Infosys Technologies been ranked 8th in the Business 2.0 Top 100 fastest-growing technology companies in the US . The survey says that Infosys has staved off challenge from leading American companies like Accenture and IBM by opening its own consultancy in the US . Both Accenture and IBM have ramped up their Indian operations by hiring programmers and call centre representatives in India . Another Indian IT major Cognizant Technology Solutions stood 9th in the same list. With revenues at $1,592 million, the stock returns of the company have risen by 86.7% in the last 12 months.
   
MS awards for Indian Americans

Two Indian Americans—Subhash Khot and Radhika Nagpal—are among the first five recipients of Microsoft Research New Faculty Fellows for 2005. These university professors along with Fredo Durand, Dan Klein and Wei Wang were selected from a pool of 110 nominees representing universities across the United States .

The fellowship award, under which each recipient will get a cash grant of $200,000 to pursue their innovative research work in computer science, honours early-

Subhash Khot
Radhika Nagpal

Fellowship Awards programme to identify and support exceptional first-year, second-year and third-year professors advancing computer science research.

Khot is a first-year assistant professor in the College of Computing at the Georgia Institute of Technology. His research tackles fundamental questions regarding which problems can and cannot be solved quickly on a computer. The questions Khot addresses often have deep connections to diverse areas in mathematics, logic, cryptography and computer science.

 

career university professors showing exceptional talent for novel research and thought leadership in their discipline. The fellow also receives other Microsoft resources and will have the option of exploring collaborations with MSR researchers.

The University Relations group at Microsoft Research established the New Faculty

 
Nagpal is a first-year assistant professor of computer science in the Division of Engineering and Applied Sciences at Harvard. Her research interest is in engineering self-organising, and in better understanding robust collective behavior in biological systems. “We have much to learn from today's talented young minds,” said Rick Rashid, senior VP of Microsoft Research.
     
Samosa Queen in Brit list

Parween Warsi, also known as the Samosa Queen, was honoured at the Confederation of British Industries (CBI) First Women's Award ceremony recently. She was named among Britain 's 10 most remarkable women. This woman from Bihar has a food and catering empire that serves some of the busiest supermarkets in Britain . Warsi owns S&A Foods and is among the busiest businesswomen in the Midlands .

Warsi began with making samosas and carting them to her local takeaway—Andy's Fish Bar in Derby in 1986. Her success at Andy's prompted Warsi to hire local Indian women—housewives who could do with some extra cash—to scale up her kitchen. Soon, she had to expand her kitchen and by the mid-1990s, her state-of-the-art manufacturing plant was opened by Cabinet minister Margaret Beckett. Warsi moved on to supplying Britain 's largest supermarket chain Asda's.

Warsi's company now has an annual turnover of over £70 million. Britain 's wealthiest Asian woman runs her multi-million pound ethnic business that she started part-time while was tending to her two sons. CBI has crowned her with its First Women's Lifetime Achievement Award with her company, S&A Foods having a turnover of £3,100 million and employing over 1,200 people.

   
NRIs bring in Rs 220 cr

The government of India has permitted a group of non-resident Indians (NRIs) and people of Indian origin (PIOs) to bring in Rs 220 crore as foreign direct investment (FDI) in Solitaire Capital India, a Delhi-based venture capital fund. Sanlam Life Insurance Ltd of South Africa has been allowed to bring in Rs 82.50 crore to assist its Indian partner, Sriram Life Insurance Company of Chennai, in the acquisition of shares of a Hyderabad-based company engaged in life insurance.

India 's Finance Minister, P. Chidambaram earlier this month approved these two proposals along with 17 others accounting for a total FDI inflow of Rs 444.80 crore on the recommendations of the Foreign Investment Promotion Board (FIPB). Seoul-based Hyundai Mobis has been given the go-ahead to set up a 100 per cent subsidiary in Tamil Nadu with an FDI of Rs 59.70 crore for the manufacture of passenger cars and commercial vehicles. New Vernon Bharat of Mauritius has been permitted to bring in Rs 30 crore and join hands with Kanpur-based Jagran TV Pvt Ltd for uplinking of a TV channel.

   
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