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Sethurathnam Ravi on Merging Profit and Purpose in Investments

Sustainable investing has shifted from being a niche strategy to a driving force in reshaping the global financial landscape. Investors are no longer solely focused on profit but are also keen to align their financial objectives with broader social and environmental goals. This trend has gained significant momentum in India, with leading corporations like Tata Group and Infosys integrating their financial success with impactful initiatives.

According to Sethurathnam Ravi, also known as S Ravi BSE Chairman, the new mantra for Indian businesses is “profit with purpose.” This approach underscores the importance of using capital not only to generate returns but also to address pressing societal challenges.

Sethurathnam Ravi on Corporate Social Responsibility and ESG Integration

Sethurathnam Ravi emphasizes the significance of corporate social responsibility (CSR) in driving positive change. Companies like Tata Group are investing in areas such as education, healthcare, and rural development, while Infosys leads initiatives focused on digital literacy and environmental sustainability. Ravi notes that this holistic approach is essential for fostering inclusive growth while maintaining strong economic performance. By integrating environmental, social, and governance (ESG) factors into their business strategies, companies can simultaneously promote positive social impact and financial returns.

S Ravi BSE on the Rise of Sustainable Investing

The transformation of sustainable investing into a mainstream strategy reflects the growing awareness of ESG factors in investment decisions. Over the past decade, as S Ravi BSE Chairman highlights, the investment landscape has seen an increase in sustainable practices driven by concerns over climate change, inequality, and corporate governance. Investors are now more inclined to use their capital to drive social and environmental progress, recognizing the long-term risks associated with unsustainable business models.

Impact Investing: Sethurathnam Ravi’s Insights on Merging Profit with Purpose

One of the most promising developments within the sustainable investing space is impact investing. This strategy prioritizes the generation of positive social and environmental outcomes alongside financial gains. Sethurathnam Ravi explains that impact investors focus on projects addressing global challenges such as renewable energy, affordable housing, and accessible healthcare. Not only do these investments benefit society, but they also deliver attractive returns, making them an appealing option for investors seeking to align profit with purpose.

S Ravi BSE on Shareholder Activism: Driving Corporate Change

Shareholder activism has emerged as a powerful tool for responsible investors to influence corporate practices. By leveraging their ownership, investors can push for increased transparency, accountability, and alignment with ESG principles. Sethurathnam Ravi highlights the growing influence of shareholder resolutions, particularly those addressing climate change and diversity. These initiatives are pushing companies to reevaluate their practices and engage more deeply with their stakeholders, creating a more sustainable corporate environment.

Corporate Sustainability Reporting: The New Standard for Investors

Corporate sustainability reporting, once a voluntary practice, is now becoming a standard requirement for companies seeking investor trust. Sethurathnam Ravi points out that investors are increasingly demanding comprehensive ESG disclosures to assess long-term sustainability. With frameworks like the Task Force on Climate-related Financial Disclosures (TCFD) and the Sustainability Accounting Standards Board (SASB) gaining traction, companies are now expected to provide clear insights into their sustainability performance. This transparency helps investors make informed decisions based on long-term value creation.

Integrating ESG Criteria: Sethurathnam Ravi’s Holistic Investment Approach

Incorporating ESG criteria into investment decisions is essential for long-term value creation. S Ravi BSE Chairman advises that investors who consider environmental, social, and governance factors alongside traditional financial metrics can better assess a company’s overall performance. This comprehensive approach enables investors to identify strong ESG opportunities while avoiding businesses with heightened sustainability risks, ultimately leading to more resilient investment portfolios.

Building a Sustainable Future: Sethurathnam Ravi on Responsible Investing

As the trend toward sustainable investing continues to grow, integrating ESG factors into investment strategies is increasingly seen as vital for building a sustainable future. Sethurathnam Ravi underscores the potential of this trend to create a more equitable and environmentally responsible global economy. By aligning financial objectives with broader social and environmental goals, investors can drive positive change while achieving superior risk-adjusted returns over time.

Conclusion

The insights shared by Sethurathnam Ravi, or S Ravi BSE Chairman, highlight the growing importance of sustainable investing in today’s financial world. By merging profit with purpose, impact investing, and corporate responsibility, companies and investors alike are working towards building a more sustainable and prosperous future. As ESG considerations become an integral part of investment strategies, the potential for long-term positive change becomes more apparent, paving the way for a more equitable and environmentally-conscious global economy.

[brazilnews]

On Camera, Pakistani Woman's Shocking Behaviour After Deadly Accident

A video of a Pakistani woman smiling and appearing unremorseful after being involved in a car accident, killing two people, has sparked outrage on social media. On August 19, Natasha Danish, the wife of prominent businessman Danish Iqbal, was driving a Toyota Land Cruiser on Karsaz Road when she attempted to turn.

The next moment, she rammed multiple vehicles, including motorcycles and a parked car, resulting in the deaths of a father and daughter on the spot. At least four others were injured and rushed to nearby hospitals for treatment. One of the victims is now on a ventilator, his family said, as per MM News.

However, Natasha’s behaviour after the accident, captured on videos that have since gone viral on social media, was even more shocking. Footage shared on X shows Natasha, surrounded by an angry mob, smiling and boasting about her family’s influence. “Tum mere baap ko nahi jantay (you don’t know who my father is),” she’s heard saying.

Someone stated, “Driving and killing poor and innocent father and daughter under the influence of drugs, the evil smile on her face says, hey common and poor Pakistani ‘You Know Who I Am’.”

Natasha Danish avoided court appearance after the fatal car accident, citing mental health concerns. Her advocate Amir Mansub claimed Natasha’s mental health was “not stable”, and that she was receiving treatment at Jinnah Hospital. However, hospital records contradicted this claim, showing Natasha was discharged as fit after medical evaluations. Doctors found no need for immediate psychiatric intervention, as per MM News.

[brazilnews]

Anger On Kolkata Streets, Cops Use Water Cannons, Tear Gas On Protesters

Chaotic scenes are being witnessed on the streets of Kolkata as police intercepted a protest march to state secretariat Nabanna over the rape and murder of a 31-year-old doctor in the city’s RG Kar Medical College and Hospital on August 9. Riot police are using teargas shells and water cannons to stop the protesters from proceedings towards the state secretariat. Some of the protesters are throwing stones towards the cops.

No permission was given for the protest march and the ruling Trinamool Congress yesterday alleged a conspiracy to create unrest throw violence during the rally. Kolkata Police virtually turned Nabanna into a fortress and as many as 6,000 police personnel were deployed to stop the protesters from advancing the secretariat from any route. Drones were also used to keep a watch on the protesters. Barricades have been welded into the ground and greased to prevent the protesters from scaling them.

This morning, a group of protesters gathered at College Square and marched towards Nabanna. They raised slogans demanding Chief Minister Mamata Banerjee’s resignation over the horrific rape and murder case. Several student organisations and citizen forums have joined the protest. Visuals showed the protesters shaking the barricades in their way.

While the ruling Trinamool alleges this is a BJP-backed protest, the organisers have said it is a march planned by student organisations. Many of the outfits part of today’s protest are not registered organisations. Most known student outfits, including those affiliated to political parties, have distanced themselves from the protest.

This morning, Leader of the Opposition in Bengal Assembly, Suvendu Adhikari, said four student activists part of the protest plan went missing after midnight.

“The following Student Activists who were distributing food to the volunteers, who were arriving at Howrah Station, suddenly went missing after midnight :- Subhojit Ghosh, Pulokesh Pandit, Goutam Senapati, Pritam Sarkar. Neither they can be traced nor are they answering their phones.

We apprehend that they may have been arrested/detained by the Mamata Police. If something happens to them Mamata Police will be held accountable,” Mr Adhikari said in a post on X.

Bengal police responded that the students were planning to orchestrate large-scale violence during today’s march “and were involved in a conspiracy of murder and attempted murder”. “They have been arrested in the Interest of public safety and security, and their families have been informed,” they said. Mr Adhikari then said that the families of the four students have approached the Calcutta High Court.

One of organisers, Shubankar Halder, has said he used to be an ABVP member at one point, but is not linked to the organisation anymore. He said this protest is an apolitical protest.

The Trinamool has said this march is an attempt to create chaos in the name of students’ protest. State minister Chandrima Bhattacharya told the media yesterday, “This is a BJP-ABVP plot to create disturbance. This is a plot to open fire by criminals in police uniform. Tomorrow there are exams. Can students do this? They are doing vulture politics.”

The Trinamool released two videos to stress that there is a plot to create unrest. In the videos, the authenticity of which NDTV has not verified, several men are heard saying, “we need bodies”. Trinamool leader Jayprakash Majumdar alleged, “The BJP leadership has been told that unless a Nandigram-type incident happens and there are dead bodies, the tide will not turn in BJP’s favour.”

[brazilnews]

This Firm's Workers Are Millionaires. But They Are Too Busy To Enjoy Wealth

It’s a summer day in Santa Clara, California, and an assortment of luxury cars — Porsches, Corvettes, Lamborghinis — take up parking spots previously occupied by humbler models. Some have new paint jobs in the lime green from Nvidia Corp.’s logo. And they are stuck where their owners want to be: at the office.

Nvidia stock has gained 3,776% since the start of 2019 as the company benefits from selling the main chip necessary for artificial intelligence work, minting many new multimillionaires in the process. But the work hours are just as gruelling and high-stress, current and former employees said, leaving little time for the jet-setting, homebuying and leisure many can now afford. A culture problem is brewing, said the 10 people, who asked not to be identified for fear of retribution.

The 31-year-old chipmaker has piled on market cap faster than any other company in history. Founder and Chief Executive Officer Jensen Huang has established expectations of scrappiness and overworking, with a chaotic structure where one manager can have dozens of direct reports, the current and former employees said. Rather than firing employees like his competitors, Huang has said he prefers to “torture them into greatness.”

Nvidia hasn’t had any trouble keeping its employees in recent years, in part because its stock grants typically vest — or become available — over a four-year period, giving workers incentive to stay to earn their whole pay package. In 2023, 5.3% of employees left the company, but after its valuation topped $1 trillion, that same turnover rate dropped by nearly half, to 2.7%, according to its 2024 sustainability report. The overall semiconductor industry’s turnover rate is much higher, at 17.7%, according to Nvidia.

The tech industry trope of “resting and vesting” is so common it was ridiculed by Hollywood in HBO’s “Silicon Valley” show with a character who squanders away his time playing video games and drinking big sodas waiting for his stock to vest. But it doesn’t work at Nvidia. One current employee said it would be embarrassing and even socially difficult to coast.

Those who tried have become the subject of internal critique. During a staff meeting late last year employees complained to Huang that some of their colleagues were in “semiretirement” mode, according to a former employee who attended the meeting.

Those who have been at the company for close to a decade would have more than enough money to retire, according to a former engineering employee who left the company in June. Many don’t, though, because there are millions more waiting when the next stock grant vests, the person added.

The explosive stock rally also means that many Nvidia employees are sitting on bigger nest eggs than peers at other chipmakers. Chief Financial Officer Colette Kress, who joined the company 11 years ago, owns stock worth about $758.7 million. Her Intel Corp. counterpart Dave Zinsner, who has a larger pay package but has a shorter tenure, owns stock worth just $3.13 million. At Advanced Micro Devices Inc., Nvidia’s nearest rival, which has also seen rapid share growth, CFO Jean Hu, who joined in 2023, owns stock worth $6.43 million.

The former engineering employee who asked not to be named said that, throughout 2023 and 2024, working at Nvidia meant encountering frequent expressions of wealth among employees of virtually all seniority levels. He said he regularly saw coworkers surfing Zillow and alluding to new vacation homes in casual conversation. He added that it’s become common for employees to attend big-ticket sporting events like the Super Bowl and the NBA Finals.

But the ex-marketing employee warned that Huang’s flat corporate structure sometimes works differently than intended. She said that in her experience, because of the company’s structure, people are incentivized to fight for Huang’s attention rather than work together toward Nvidia’s long-term success. The same structure applies to those far below Huang — the former technical support employee said his supervisor had more than 100 people directly reporting to him. At a certain point, with a certain amount of money, the stress starts to lose its appeal.

[brazilnews]

"Nuts And Bolts Were Rusted": Why Chhatrapati Shivaji Statue Collapsed

An FIR has been registered against the contractor of the Chhatrapati Shivaji Maharaj statue in Maharashtra’s Sindhudurg which collapsed on Monday just eight months since it was inaugurated. The statue was unveiled by Prime Minister Narendra Modi on December 4 in 2023.  The FIR was filed against contractor Jaydeep Apte and structural consultant Chetan Patil under several sections of the Bharatiya Nyaya Sanhita (BNS). The charges include collusion, fraud, and endangering public safety. The FIR follows a complaint by the Public Works Department (PWD), which claims the statue’s construction was of poor quality, and the nuts and bolts used in the structure were found to be rusted.

Local citizens and tourists had previously expressed their concerns about the statue’s deteriorating condition. Despite these warnings, including an alert from the assistant engineer of the Malvan division of the PWD on August 20, no preventive action was taken. The PWD stated that the rusting nuts and bolts posed a risk to the statue’s stability, yet the warnings were ignored.

“The steel used in making of the statue had started rusting. The PWD had already written to Navy officials informing them about the statue catching rust and requested them to take appropriate steps,” said Sindhudurg guardian minister Ravindra Chavan said.

The work on the statue began on September 8, with the Indian Navy, which has no expertise in statue construction, being tasked with erecting the statue and its pedestal. The statue was unveiled on Navy Day on December 4, at Rajkot Fort, with Prime Minister Modi presiding over the event.

Chief Minister Eknath Shinde acknowledged the incident and attributed the collapse to strong winds, claiming they were blowing at a speed of 45 km per hour at the time. However, the Opposition has criticised the government, accusing it of negligence.

[brazilnews]

"Perfect Hiding Place": Australian Scientist Claims He's Found Where Missing MH370 Plane Is

Years after its disappearance, an Australian scientist has claimed that he has found the “perfect hiding place” for the missing MH370 plane. The Malaysian Airlines flight, with 239 people on board, vanished from radar after taking off from Kuala Lumpur in 2014. Its disappearance sparked the biggest search in aviation history with the whereabouts of the jet still unknown to this day. Now, Tasmanian researcher Vincent Lyne has said that he believes he has figured out where the plane is. In a LinkedIn post, Mr Lyne claimed that the plane was deliberately ploughed deep into the Broken Ridge — a 20,000-foot-deep hole in the Indian Ocean.

“This work changes the narrative of MH370’s disappearance from one of no-blame, fuel-starvation at the 7th arc, high-speed dive, to a mastermind pilot almost executing an incredible perfect-disappearance in the Southern Indian Ocean,” the researcher wrote.

“In fact, it would have worked were it not for MH370 ploughing its right wing through a wave, and the discovery of the regular interrogation satellite communications by Inmarsat — a brilliant discovery also announced in the Journal of Navigation,” he added.

Mr Lyne, who works at the University of Tasmania’s Institute for Marine and Antarctic Studies, further said that damage to the plane’s wings, flaps and flaperon suggest it was involved in a “controlled ditching” similar to that of Captain Chesley “Sully” Sullenberger on the Hudson River in 2009.

“This justifies beyond doubt the original claim, based on brilliant, skilled, and very careful debris-damage analyses, by decorated ex-Chief Canadian Air-crash Investigator Larry Vance, that MH370 had fuel and running engines when it underwent a masterful ‘controlled ditching’ and not a high-speed fuel-starved crash,” Mr Lyne wrote.

The researcher stated that MH370 is “where the longitude of Penang airport (the runway no less) intersects the Pilot-in-Command home simulator track discovered and discarded by the FBI and officials as ‘irrelevant.’”

“That pre-meditated iconic location harbors a very deep 6000m hole at the eastern end of the Broken Ridge within a very rugged and dangerous ocean environment renowned for its wild fisheries and new deep-water species. With narrow steep sides, surrounded by massive ridges and other deep holes, it is filled with fine sediments — a perfect ‘hiding’ place,” Mr Lyne continued, adding the area needs to be verified as a “high priority.”

“Whether it will be searched or not is up to officials and search companies, but as far as science is concerned, we know why the previous searches failed and likewise science unmistakably points to where MH370 lies. In short, the MH370 mystery has been comprehensively solved in science!” he added.

Notably, flight MH370 with 227 passengers and 12 crew members on board disappeared after leaving Kuala Lumpur Airport in southern Malaysia en route to Beijing, China, on March 8, 2014. A nearly three-year search covering 120,000 square kilometres in the Indian Ocean found hardly any trace of the plane, with only some pieces of debris picked up. Despite the largest search in aviation history, the plane has never been found and the operation was suspended in January 2017.

[brazilnews]

S Ravi BSE Chairman: How Sustainable Investing is Driving Change in India

Sustainable investing has rapidly evolved from a niche strategy to a powerful force transforming the financial landscape. Investors are increasingly focused on utilizing their capital to drive meaningful change, aligning profit with purpose. In India, this approach has gained traction, with companies like Tata Group and Infosys integrating financial success with positive social and environmental impact.

According to Sethurathnam Ravi, also known as S Ravi BSE Chairman, profit with purpose is becoming the new mantra for Indian businesses. Companies like Tata Group are channelling investments into education, healthcare, and rural development, while Infosys promotes digital literacy and environmental sustainability through its CSR initiatives. These examples illustrate how businesses can foster inclusive growth and address pressing social challenges while maintaining robust economic performance.

Sustainable investing’s transformation into a mainstream strategy reflects growing awareness of the critical role that environmental, social, and governance (ESG) factors play in investment decisions. As S Ravi BSE Chairman points out, the past decade has seen a surge in sustainable investing, driven by concerns about climate change, social inequality, and corporate governance. Investors are now actively seeking opportunities to use their capital to drive positive change, recognizing the risks associated with unsustainable business models.

Impact Investing: Merging Profit with Purpose

Within the sustainable investing sphere, impact investing has emerged as a prominent strategy. This approach prioritizes generating positive social and environmental outcomes alongside financial returns. Sethurathnam Ravi emphasizes that impact investors are deploying capital in projects and companies that address global challenges like renewable energy, affordable housing, and accessible healthcare. This strategy not only benefits society but also offers attractive investment returns, making it a popular choice for those seeking to merge profit with purpose.

Shareholder Activism: A Catalyst for Corporate Change

Shareholder activism has become a powerful tool for responsible investors to advocate for positive transformations within corporations. By leveraging their ownership stakes, investors can pressure companies to embrace greater transparency, accountability, and alignment with ESG principles. S Ravi BSE Chairman notes that shareholder resolutions addressing issues like climate change and diversity have gained significant traction, driving companies to re-evaluate their practices and engage more meaningfully with stakeholders.

Corporate Sustainability Reporting: A New Standard

Corporate sustainability reporting (CSR), once a voluntary practice, is now a mainstream requirement for companies seeking to establish trust with investors. Sethurathnam Ravi highlights that investors increasingly demand comprehensive ESG disclosures to assess a company’s long-term sustainability. Initiatives like the Task Force on Climate-related Financial Disclosures (TCFD) and the Sustainability Accounting Standards Board (SASB) are pushing for harmonized reporting standards, enabling better-informed investment decisions.

Integrating ESG Criteria: A Holistic Investment Approach

For investors aiming to manage risk and capture long-term value, integrating ESG criteria into investment decisions is essential. S Ravi BSE Chairman advises that considering environmental, social, and governance factors alongside traditional financial metrics provides a more comprehensive understanding of a company’s performance and prospects. This approach helps investors identify strong ESG opportunities while avoiding those with elevated sustainability risks, ultimately enhancing portfolio resilience and long-term returns.

Building a Sustainable Future through Responsible Investing

As sustainable investing gains momentum, the integration of ESG considerations into investment strategies is increasingly seen as crucial. Sethurathnam Ravi underscores the unique opportunity this trend presents to create a more sustainable and equitable future. By aligning financial objectives with broader social and environmental goals, investors can drive positive change and achieve superior risk-adjusted returns over the long term.

[brazilnews]

Sobhita Dhulipala Once Said This About Naga Chaitanya And Samantha Ruth Prabhu

Sobhita Dhulipala and Naga Chaitanya's engagement pictures are making rounds on the Internet. The ceremony took place in Hyderabad on Thursday (August 8). In the middle of this, an old video of Sobhita has resurfaced online. In the clip, which is from the promotion campaign of Night Manager Part 2, she can be heard talking about Naga Chaitanya and his ex-wife, actress Samantha Ruth Prabhu. Sobhita, in a rapid-fire segment with Bollywood Bubble, was asked about South actors who have transitioned to Hindi films. When asked about Samantha, Sobhita said, “I think her journey is super cool. Like if you see her filmography, the way she can headline a project right now, I think that is really cool.”

Regarding Naga Chaitanya, Sobhita Dhulipala mentioned that she likes his “temperament.” She said, “He seems like such a cool-headed, calm guy, so dignified. I really appreciate it.” Naga Chaitanya and Samantha Ruth Prabhu got married in 2017. After four years, the two decided to part ways.

On Thursday, Telugu superstar Nagarjuna shared a post on X (formerly known as Twitter) to announce the engagement of his son, Naga Chaitanya, to Sobhita Dhulipala. He wrote, “We are delighted to announce the engagement of our son, Naga Chaitanya, to Sobhita Dhulipala, which took place this morning at 9:42 a.m.!! We are overjoyed to welcome her into our family. Congratulations to the happy couple! Wishing them a lifetime of love and happiness. God bless! 8.8.8 A beginning of infinite love.”

However, Samantha Ruth Prabhu's fans were not pleased after seeing the post. They pointed out that Samantha had proposed to Naga Chaitanya on the same date. Click here to read all about it.

Naga Chaitanya and Sobhita Dhulipala have been rumoured to be dating since 2022. In terms of work, Sobhita was last seen in Monkey Man, which marked her Hollywood debut. Meanwhile, Naga Chaitanya will next be seen in the movie Thandel, alongside Sai Pallavi.

[brazilnews]

MP Govt Announces ₹1 Cr Reward to Vivek Sagar for Bronze Win

The Madhya Pradesh government on Friday announced a reward of Rs 1 crore to hockey player Vivek Sagar Prasad, who was part of the Indian men's team that won a bronze medal in the Paris Olympics. India won its second consecutive bronze medal in the Olympics by beating Spain 2-1 for the first time in 52 years on Thursday. Chief Minister Mohan Yadav congratulated Prasad, who hails from Madhya Pradesh.

In a telephonic conversation with the player, Yadav said, "It was a good performance. The entire nation is happy with all of you. Congratulations to you and the entire team for this success. The Madhya Pradesh government will transfer Rs 1 crore to your account as a reward." "You are working as an honourable deputy superintendent of police (DSP), and now the state will reward you with Rs 1 crore," he said.

A native of Itarsi in Narmadapuram district, Prasad was also part of the Olympics 2020 (Tokyo) hockey team that clinched the bronze medal.

[brazilnews]

Over 2,000 people buried alive in deadly landslide in Papua New Guinea

The Papua New Guinea national disaster centre said that Friday's landslide in a remote village in the northern part of the country buried more than 2,000 people.

"The landslide buried more than 2,000 people alive and caused major destruction to buildings, food gardens and caused major impact on the economic lifeline of the country," an official from the national disaster centre said in a letter to the United Nations.

[brazilnews]

Man drives bike on divider in Tamil Nadu's Trichy, video is viral

In a defiant show of daredevilry, a young man dangerously rode a motorbike on the road divider in Tamil Nadu's Trichy, flouting norms, a video showed.

In the video that has gone viral on social media, the youngster was seen riding his motorbike atop the road divider on the Kollidam river bridge in Trichy, risking his own life as well as those of fellow motorists as there was heavy vehicular movement on both sides of the road.

On May 23, on the occasion of the ‘Mutharaiyar Sathaya Vizha’ or birth anniversary of Perumbidugu Muthuraiyar, several youngsters from the community paid their tributes by garlanding his statue in Trichy. They also took out a motorbike procession.

Despite police restrictions, according to locals, many youngsters reportedly performed bike stunts and indulged in over-speeding on the roads.

After the video went viral on various social media platforms, many locals have been demanding the police take strict action against the man for his dangerous bike stunt.

This came a week after a video of a man dangerously riding a bike with a woman on his lap on a flyover in Bengaluru went viral on social media. The duo were traced by the police after they took note of the viral video.

In the undated clip, the woman was seen sitting one-sided on the biker's lap and had her hands wrapped around his neck. The incident reportedly took place on the Hebbal flyover in north Bengaluru.

[brazilnews]

Proud parents Mahesh Babu, Namrata attend son Gautam's graduation with Sitara

Mahesh Babu and Namrata Shirodkar are proud parents as their son, Gauam Ghattamaneni, graduated from International School of Hyderabad (ISH) in Hyderabad. The graduation ceremony, held recently, was attended by the two actors and their daughter, Sitara. Mahesh and Namrata shared some pictures and videos on their respective social media pages and encouraged Gautam to follow his dreams.

Mahesh Babu, on May 26, shared a photo with Gautam and wrote that his heart burst with pride.

Similarly, Namrata Shirodkar had a wholesome wish for his son on his graduation.

Her post read, "My dear GG, as you stand on the threshold of a new chapter in your life, I want you to know how proud I am of you. Remember to stay true to yourself, follow your passions, and never lose sight of your dreams. Believe in yourself as much as I believe in you, and know that no matter where life takes you, you will always have my love and support. Congratulations on your big day. The world is yours here on. I love you so so much @gautamghattamaneni

Reports suggest that Gautam Ghattamaneni is likely to head to New York for his college.

Work-wise, Mahesh Babu is preparing for his upcoming film with director SS Rajamouli. The mega-budget entertainer will go on floors sometime in August or September. An official announcement regarding the cast and shooting schedule is awaited.

[brazilnews]

"India Is Proud Of You": PM Congratulates Payal Kapadia For Cannes Win

Filmmaker Payal Kapadia scripted history after her film 'All We Imagine As Light' won the prestigious Grand Prix at the 2024 Cannes Film Festival. The film was a strong contender for the top award, Palme d'Or, at Cannes, which was awarded to Sean Baker's comedy-drama Anora.

Prime Minister Narendra Modi congratulated Ms Kapadia for the feat and said, "India is proud of Payal Kapadia for her historic feat of winning the Grand Prix at the 77th Cannes Film Festival for her work 'All We Imagine as Light'. An alumnus of FTII, her remarkable talent continues to shine on the global stage, giving a glimpse of the rich creativity in India."

"This prestigious accolade not only honours her exceptional skills but also inspires a new generation of Indian filmmakers," he posted on X.

"Many congratulations to FTII alumnus Payal Kapadia for winning the Grand Prix at the 77th Cannes Film Festival for her film All We Imagine as Light. This makes it the first Grand Prix win for the country and a nomination in the Palme d'Or after 30 years," Union Broadcasting Minister Anurag Thakur said.

"Bharat's creative economy is indeed shining with 3 films winning awards this year at Cannes," he added.

Congress leader Rahul Gandhi congratulated Ms Kapadia and said, "Indian stars shining bright at the 77th Cannes Film Festival! Congratulations to Payal Kapadia and the entire team of 'All We Imagine As Light' for clinching the prestigious Grand Prix award."

"Kudos to Anasuya Sengupta for winning the Best Actress award under the Un Certain Regard section for her performance in 'The Shameless'," Mr Gandhi.

'All We Imagine As Light Gets Good Reviews'

Ms Kapadia's directorial debut received good reviews in the media and scripted history after it became the first Indian film in 30 years and the first ever by an Indian female director to be showcased in the main competition.

An alumna of the Film & Television Institute of India (FTII), Ms Kapadia is best known for her acclaimed documentary "A Night of Knowing Nothing", which premiered at the 2021 Cannes Film Festival's Director's Fortnight side-bar where it won the Oeil d'or (Golden Eye) award.

Praise From The Film Industry

She received praise from the film fraternity in India. Actor Mohanlal called it "A momentous occasion for Indian Cinema as Payal Kapadia, Kani Kusruthi, Divya Prabha, Chhaya Kadam, and the talented team behind "All We Imagine as Light" bask in glory!"

"Immense love and gratitude to Anasuya Sengupta and the illustrious Santosh Sivan for their remarkable," he added.

Actor Mammootty said, "Making Indian Cinema Proud. What an amazing achievement. Congrats to Payal Kapadia, Kani Kusruthi, Divya Prabha, Chhaya Kadam and the entire team of All We Imagine as Light."

Film director, lyricist and writer Varun Grover said, "Unbelievable day for Indian cinema. An independent filmmaker - from much hated FTII - whose first film was a poetic love letter to the idea of dissent in a democracy, wins the second highest honour at the biggest film festival in the world."

"Payal Kapadia's All We Imagine As Light wins Grand Prix. Magical to see four Indian women on stage at Canne," Mr Grover said.

[brazilnews]

Cyclone Remal Leaves Trail Of Destruction In Bengal, 2 Dead In Bangladesh

Severe cyclonic storm Remal made landfall between the coasts of West Bengal and Bangladesh, unleashing winds up to 135 kmph. The storm, which struck between Sagar Island and Khepupara near the southwest of Mongla in Bangladesh at 8:30 pm on Sunday, brought torrential rains, flooding homes and farmlands, leaving widespread destruction in its wake.

Two people were killed in Bangladesh since the cyclone made landfall last night, said an official from the country's disaster ministry. West Bengal has reported no casualty so far.

Ahead of the storm, disaster management authorities and security forces across Bengal and northeastern states were placed on high alert. District administrations in Assam, Meghalaya, Tripura, Manipur, and Mizoram were instructed to take precautionary measures to mitigate the impact.

Cyclone Remal disrupted air, rail, and road transportation in Kolkata and southern Bengal. The Eastern and South Eastern Railways cancelled several trains, and the Netaji Subhas Chandra Bose International Airport in Kolkata suspended flight operations for 21 hours, affecting 394 flights. The airport resumed operations at 9 am today. The Syama Prasad Mookerjee Port in Kolkata also halted operations.

In the city's Bibir Bagan area, a wall collapsed due to heavy rain injuring one person. Reports from North and South 24 Parganas and East Midnapore districts indicated extensive damage to thatched roofs, electric poles, and trees. Low-lying areas near Kolkata experienced severe flooding.

The Assam State Disaster Management Authority (ASDMA) issued warnings of extremely heavy rainfall across Assam and other northeastern states on May 27 and 28. Orange and Red alerts were issued for various districts, anticipating severe weather conditions. Squally winds of 40-50 kmph, gusting to 60 kmph, were expected over south Assam and Meghalaya.

The Meghalaya government advised residents to prepare emergency kits, avoid unnecessary travel, and stay updated with weather reports. Tripura's government closed all educational institutions on May 27 and 28 and suspended flight operations on the Kolkata-Agartala route until Monday morning.

Cyclone Remal damaged fragile dwellings, uprooted trees, and toppled electric poles. In the Sundarbans' Gosaba area, one person was injured by debris. Over one lakh people were evacuated from vulnerable areas in West Bengal before the cyclone struck.

The West Bengal government evacuated approximately 1.10 lakh people from coastal and vulnerable regions to cyclone shelters and other safe locations. Evacuations focused on South 24 Parganas, particularly Sagar Island, Sundarbans, and Kakdwip.

Prime Minister Narendra Modi chaired a meeting to review the storm response, while West Bengal Governor CV Ananda Bose monitored the situation closely. Bengal Chief Minister Mamata Banerjee urged residents to stay indoors, assuring them of governmental support.

The Kolkata Municipal Corporation (KMC) has mobilised 15,000 civic employees to manage post-cyclone recovery, including the quick removal of uprooted trees.

The India Meteorological Department (IMD) has predicted intensifying rains and winds in southern Bengal districts. Fourteen National Disaster Response Force (NDRF) teams have been deployed across affected districts, including Kolkata. The state government also readied State Disaster Response Force (SDRF) teams for relief efforts.

Nine disaster relief teams are on standby. The Indian Navy has prepared two ships with Humanitarian Assistance and Disaster Relief (HADR) supplies and medical aid. Specialised diving and flood relief teams are also on standby.

[brazilnews]

IPL 2024 Prize Money: KKR Get Rs 20 Crore, SRH Rs 12.5 Crore. RR And RCB Earned

The Indian Premier League (IPL) 2024 concluded on an extraordinary note, with the Kolkata Knight Riders clinching their 3rd title while the Sunrisers Hyderabad could only settle for the runners-up medal. With the win, KKR also bagged a whopping prize money of INR 20 crore, while SRH were give Rs 12.5 crore. The total prize money IPL had reserved for the occasion was INR 46.5 crore, which wasn't only distributed among the winners and the runners-up.

Rajasthan Royals and Royal Challengers Bengaluru, who finished 3rd and 4th in the points table respectively, also took home a fair amount of prize money. Sanju Samson's side were given Rs 7 crore for finishing third while Faf du Plessis' team got INR 6.5 crore.

RCB's talisman Virat Kohli won the Orange Cap while the Purple Cap went to Punjab Kings pacer Harshal Patel. Both fetched a prize money of Rs 10 lakh each for their accomplishments this season.

Kohli scored 741 runs in 15 matches at an average of 61.75, with a century and five fifties. His best score was 113* and his strike rate stood at 154.69, the highest it has ever been for Kohli in a single IPL season.

The crafty pacer concluded the tournament with 24 wickets in 14 matches at an economy of 9.73 and an average of 19.87.

Sunrisers' Nitish Kumar Reddy was named the Emerging Player of the Season for his all-round show while KKR veteran Suil Narine got the Most Valuable Player of the Year award.

Full List Of Prize Winners In IPL 2024:

Orange Cap: Virat Kohli - 741 runs (Rs 10 lakh)

Purple Cap: Harshal Patel - 24 wickets (Rs 10 lakh)

Most Valuable Player of the season: Sunil Narine (Rs 12 lakh)

Ultimate Fantasy Player of The Season: Sunil Narine

Most 4s: Travis Head (64)

Most 6s: Abhishek Sharma (42)

Striker of the season: Jake Fraser-McGurk (234.04)

Emerging Player of the season: Nitish Kumar Reddy (Rs 20 lakh)

Catch Of The Season: Ramandeep Singh

Fair Play Award: SRH

Pitch and ground award: Hyderabad Cricket Association

Runners-up award: SRH

Winners: KKR

[brazilnews]

Shah Rukh Khan Offered "Blank Cheque" To Gautam Gambhir, In BCCI's Radar, To Be At KKR For…

The Board of Control for Cricket in India (BCCI), according to several reports, is interested in Gautam Gambhir taking over the role of Indian cricket team coach. Amid lack of alternatives, because of certain overseas coaches' withdrawal, the BCCI don't seem to have many top options when it comes to finding Rahul Dravid's successor as Team India's head coach. A report has now claimed that Gambhir, who is the mentor of Kolkata Knight Riders in IPL 2024 at present, was offered a 'blank cheque' by the franchise's co-owner Shah Rukh Khan to join the franchise for the next 10 years, when he was at Lucknow Super Giants.

A report in Dainik Jagran has suggested that Gambhir is also interested in the India head coach job. But, wants a guarantee over his 100% selection if he fills out the application for the role. If the BCCI is only looking at Gambhir as one of the 'candidates', he isn't going to apply.

As the BCCI looks to intensify its effort of giving a contract to Gambhir, the report revealed the KKR co-owner Shah Rukh Khan intent of keeping the former India opener at the franchise for a long time. The Bollywood actor is said to have made a 'blank cheque' offer to Gambhir to join the IPL franchise for the next 10 years.

The BCCI has already faced rejections by the likes of Ricky Ponting, Justin Langer and Stephen Fleming over potentially succeeding Rahul Dravid as India's head coach. BCCI secretary Jay Shah, however, denied making an offer to any former Australian cricketer.

In fact, Shah suggested that the board wants the sort of person at the helm who understands India's domestic cricket structure.

"Neither I nor the BCCI have approached any former Australian cricketer with a coaching offer," Shah said in a statement. "The reports circulating in certain media sections are completely incorrect."

"Finding the right coach for our national team is a meticulous and thorough process. We are focused on identifying individuals who possess a deep understanding of the Indian cricket structure and have risen through the ranks," Shah had said.

Gambhir might be interested in becoming India's next head coach but what conversation he has with SRK over leaving KKR might be a big deciding factor.

[brazilnews]

2 Doctors Arrested For Manipulating Blood Report Of Porsche Teen

In the latest twist in the Pune Porsche horror, two doctors have been arrested for allegedly manipulating the blood test report of the 17-year-old, whose late night drunk drive left two 24-year-old software engineers dead, sources have said.

Dr Ajay Tawre and Dr Shri Hari Harnor of Sasoon Hospital have been arrested by the Pune Crime Branch, which is investigating the case that has sparked nationwide outrage. Dr Tawre is head of the forensic lab at the state-run hospital in Pune.

Earlier, reports had claimed that the Pune teen, who is now at an observation home, had tested negative for alcohol. However, CCTV footage from one of the bars he visited that night showed him drinking with friends.

Pune Police Commissioner Amitesh Kumar earlier said, "This case is not about an accident in which a mistake happened under the influence of alcohol and people died. Our case is that he had full knowledge that his conduct… he parties in two bars, rashly drives a car without a number plate on a narrow, congested street. He was fully in his senses, and he knew that people may die because of his actions."

The teen belongs to a prominent realtor's family and it is alleged that his father and grandfather tried to influence the legal process to shield him. The teen's father has been arrested under charges of the Juvenile Justice Act. His grandfather has also been arrested after the family's driver alleged that he was confined at the family's home, threatened and asked to take the blame for the accident. The other arrests in the case include staff of the two bars the teen visited that night. The doctors' arrest and allegations of manipulation of blood samples further strengthens the charge that the family blatantly used money and influence to protect the teen.

Two engineers -- Ashwini Kostha and Anish Awadhiya -- were on the bike when the Porsche hit their bike from behind. They died on the spot. The boy was granted bail within 15 hours of the accident on conditions seen as flimsy. He was asked to write a 300-word essay on road accidents, told to work with traffic cops for 15 days and seek counselling for his drinking habit.

Amid nationwide outrage, the Juvenile Justice Board later modified the order and sent him to the observation home. The police have urged the board for permission to try the teen accused -- aged 17 years and eight months -- as an adult. The matter is currently being examined. The families of the two engineers have said this is "murder, not accident" and sought stringent punishment for the accused.