Month: May 2023

ED director SK Mishra’s tenure extended due to FATF review, won’t continue in office after November: Modi government to Supreme Court

NEW DELHI: The Narendra Modi government (Centre) on Monday defended in the Supreme Court the third extension of service granted to Enforcement Directorate chief Sanjay Kumar Mishra, asserting it was due to a peer review being conducted by the Financial Action Task Force (FATF) this year and said he will retire this November. A bench […]

ASK Property Fund raises over Rs 1500 crore

NEW DELHI: The real estate private equity arm of the ASK Group, ASK Property Fund (ASK), has closed its latest fund, Real Estate Special Opportunities Fund IV (RESOF IV) with corpus of Rs. 1,500 crore including co-investments from investors. This is the sixth real estate fund by ASK Property fund. The fund concentrates on the […]

Indian-American policy expert Neera Tanden appointed by President Joe Biden as his Domestic Policy Advisor

WASHINGTON: Indian-American public policy expert Neera Tanden has been named by US President Joe Biden as his Domestic Policy Advisor to help him craft and implement his domestic policy agenda, making her the first Asian-American to lead any of the three major White House policy councils in history. Tanden, 52, replaces Susan Rice as Biden’s […]

White House meets Microsoft, Google CEOs on AI dangers

The White House is hosting CEOs of top artificial intelligence companies, including Alphabet Inc’s Google and Microsoft, on Thursday to discuss risks and safeguards as the technology catches the attention of governments and lawmakers globally. Generative artificial intelligence has become a buzzword this year, with apps such as ChatGPT capturing the public’s fancy, sparking a […]

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