Top related persons:
Top related locs:
Top related orgs:

Search resuls for: "Gupta's"


25 mentions found


On Monday, Twilio announced a settlement with Sachem Head, an activist investor whose involvement in the company had been previously unreported. The agreement resulted in Twilio, which sells communications software, giving a board seat to Andy Stafman, a partner at Sachem Head. Two days later, Twilio said Byron Deeter, a prominent venture capitalist and early investor in the company, would be leaving the board. On March 11, less than a week after Twilio concluded the review, Sachem Head told the company it planned to nominate board candidates. "This issue remains relevant despite Mr. Deeter's departure given the continued directorship of another Bessemer partner," Gupta said.
Persons: Twilio, Jeff Lawson, Anson, that's, Andy Stafman, Byron Deeter, Sagar Gupta, Gupta, Lawson's, Legion, FactSet, Lawson, Sachem, Stafman, Deeter, Bessemer, Jeff Epstein Organizations: Anson Funds, Sachem, Board, Nasdaq, Legion Partners, CNBC, Bessemer Locations: Twilio, Europe, Anson, Bessemer
CNN —How do you begin to talk about something as seemingly frivolous as haute couture fashion against the tumult of today? The bi-annual couture shows in Paris are a showcase of bold ideas from the best fashion designers working today, crafted by some of the world’s most skilled artisans. Practical pockets, but make it Chanel coutureA delicate sheer pocket seen at Chanel's haute couture show. ValentinoWhile there was razzamatazz on the front row courtesy of Stormi Webster, Kylie Jenner’s five-year-old daughter, who made her front row debut, Valentino’s couture collection incarnation was relatively understated. Raw elegance at Maison MargielaJohn Galliano's couture collection for Maison Margiela was fantastical and theatrical, fittingly taking place under the first full moon of the year.
Persons: Chanel, , Schiaparelli, Giovanni Giannoni, Jennifer Lopez, Zendaya, Pat McGrath, Pascal Le Segretain, Margaret Qualley, Pieter Mulier, Valentino, Stormi Webster, Kylie Jenner’s, Gaurav Gupta Gaurav, Thomas Samson, Guarav Gupta, Kim Jones, Karl Lagerfeld's, Peter White, Karl Lagerfeld’s, Victor Virgile, Maison, Maison Margiela John Galliano's, Maison Margiela, Gao Jing, John Galliano, Gwendoline Christie, John Galliano's, Martin Margiela, Gwendoline Christie sauntering Organizations: CNN, Paris Couture, Spring, Petit Palais, Maison Margiela, Zuma Press Locations: Paris, Chanel, AFP, Xinhua
Texas was the most recent: Since September, there has been no state sales tax on period products there. Over the last four decades, states with sales tax have been enacting laws that eliminate such taxes on menstrual products. Most states don't tax certain essential goods, such as grocery store produce, canned food and prescription medicines. "It's like, 'Do I spend money on gas to get to school or do I buy period products? In the future, states might also consider bills that make period products free in public restrooms, she added.
Persons: Lacey Gero, We've, Lisa Willner, bode, Jhumka Gupta, Gero, Willner, that's Organizations: Republican, Democrat, Alliance, George Mason University, Kentucky, D.C Locations: Alaska , Delaware , Montana , New Hampshire, Oregon, Texas, Kentucky, Minnesota, Washington, U.S, Alabama, Arizona , Michigan, New Mexico , New Jersey, Ohio, Ann Arbor , Michigan
The official told Gupta - who the prosecutors described as an Indian national involved in drugs and weapons trafficking - about a "target" in New York. The official wanted Gupta to orchestrate the target's murder, in exchange for getting criminal charges against him in India dropped. While prosecutors have not identified the alleged victim, a senior administration official told Reuters it was Gurpatwant Singh Pannun, a New York-based lawyer who leads a separatist group called Sikhs for Justice. U.S. prosecutors did not name the Indian official, who they described as a government employee responsible for intelligence and security matters. "We are all counting on you," Gupta told the purported hitman in a video call on June 12.
Persons: Nikhil Gupta, Gupta, Gurpatwant Singh Pannun, Pannun, Narendra Modi's, Gupta's, Jake Sullivan, Hardeep Singh Nijjar, Nijjar, Modi, Joe Biden, Justin Trudeau, Luc Cohen, Krishn Kaushik, Trevor Hunnicut, Heather Timmons Organizations: U.S . Department of Justice, Indian, Reuters, Justice, Administration, Manhattan, National Security, U.S, White, Canadian, Thomson Locations: Manhattan, New York City, U.S, DELHI, Indian, New York, India, India's Gujarat, United States, Washington, New Delhi, Vancouver, Prague, Delhi
NEW YORK, Nov 29 (Reuters) - An Indian government official directed an unsuccessful plot to assassinate a Sikh separatist on U.S. soil, the U.S. Justice Department said on Wednesday, in announcing charges against a man accused of orchestrating the attempted murder. Prosecutors did not name the Indian official or the target. According to prosecutors, the official recruited Gupta in May 2023 to orchestrate the assassination. The Indian government has complained about the presence of Sikh separatist groups outside India, including in Canada and the United States. The groups have kept alive the movement for Khalistan, or the demand for an independent Sikh state to be carved out of India.
Persons: Nikhil Gupta, Gupta, Damian Williams, Gurpatwant Singh Pannun, Hardeep Singh Nijjar, Nijjar, Luc Cohen, Doina Chiacu, Susan Heavey, Chizu Nomiyama, Mark Porter, Daniel Wallis Organizations: Indian, U.S . Justice, New York City, Prosecutors, Biden, Administration, Air, Air India Boeing, Thomson Locations: U.S, Manhattan, New York, India, Czech, New York City, Washington, United States, New Delhi, Canada, India's Punjab, Vancouver, Air India
AdvertisementA member of the Indian government directed a foiled plot to assassinate a US citizen on American soil, according to a newly unsealed federal indictment. Students give final touches to paintings of US President Joe Biden, Indian Prime Minister Narendra Modi and Italian Prime Minister Giorgia Meloni at an art school in Mumbai on September 5, 2023, ahead of the two-day G20 summit in New Delhi. President Joe Biden personally raised the issue with Indian Prime Minister Narendra Modi at the G20 summit in September, according to the Financial Times. In September, Canadian Prime Minister Justin Trudeau accused India's government of being involved in the attack. Prime Minister Narendra Modi of India welcomes US President Joe Biden for the 2023 G20 Leaders' Summit in New Delhi.
Persons: , Nikhil Gupta, Gurpatwant Singh, Gupta, Pannum, Joe Biden, Narendra Modi, Giorgia Meloni, PUNIT PARANJPE, Getty Images Biden, William Burns, National Intelligence Avril Haines, Hardeep Singh Nijjar, Pannum's, Justin Trudeau, India's, Hardeep Singh, Trudeau, Dan Kitwood, Affairs didn't, GUPTA, Punnam Organizations: Justice Department, Service, Indian, Washington Post, Department, Prosecutors, Italian, Getty Images, Financial Times, CIA, National Intelligence, Justice, Financial, Canadian, of, India, White, India's Ministry, Affairs, Getty Locations: Canada, India, Manhattan, Punjab, New Delhi, New York City, California, Czech Republic, Mumbai, AFP, United States, China, Surrey, of India
London CNN —The 20th annual installment of Frieze — London’s biggest and most influential art fair — has officially begun. A grape soda fountainAdam Farah-Saad's debut at the Public Gallery booth included a steel 6-person fountain pumping KA grape soda. Courtesy of Public GalleryLondon artist Adam Farah-Saad’s first solo exhibition presented by Public Gallery featured a large reworked steel drinking fountain similar to those seen at children’s parks or playgrounds. This version would probably prove more popular with those under 18, too, since it exclusively pumps out KA Black Grape Soda instead of H2O. Placed 20 inches away is a rotating electric fan causing the pages of the pad to flutter between drawings.
Persons: Regent’s, Barbara Sturm’s “, , Elizabeth Peyton’s, Adam Farah, Saad’s, Farah, Mariah Carey’s, Caballero Alto, Bruno Ruiz, Débora Delmar, “ Caballero Alto, Beuys, Linda Nylind, Wantanee, Siripattananuntakul, Joseph Beuys, Gillian Wearing, Maureen Paley's, Haricot, Shilpa, Shilpa Gupta Organizations: London CNN, Gallery, Public, Llano Gallery, Young British, Frith Locations: Gallery London, Mexico City, Llano, London, Chapultepec Castle, Thai, New York, United Kingdom
The case concerns a former senior IT manager who raised concerns about how a data loss had been handled. A hearing for Barclays' appeal to the Bombay High Court is listed for Oct. 20, court records show. They declined to comment on the specifics of the Indian case. Gupta has also appealed to the Bombay High Court, court records show, arguing the pay-out awarded was too low, the source familiar with the appeals said. Last year, Gupta also filed a secondary civil case against Barclays, another court filing shows.
Persons: Atul Gupta, Jes Staley, Francesca West, Gupta, Arpan Chaturvedi, Sinead Cruise, Alexander Smith Organizations: Barclays, Reuters, Financial, Authority, FCA, Global Service Centre Private Limited, Bombay High Court, Thomson Locations: Indian, Pune, Bombay
via REUTERS Acquire Licensing RightsNEW DELHI, Sept 23 (Reuters) - Social media platform X's head of policy for India and South Asia, Samiran Gupta, has resigned, two sources said, a top departure that comes ahead of India elections and as the company fights a court battle with New Delhi over content removal. Gupta was the most senior India employee for X, formerly known as Twitter, and responsible for "key content-related policy issues" and "defending Twitter's position with new policy developments and support in-country sales organization," according to his LinkedIn profile. Gupta, who was designated as X's Head of Global Government Affairs for India and South Asia, declined to comment to Reuters. There are roughly 15 X employees in functions like compliance and engineering in India, said one of the sources, but Gupta was the only executive engaging with the government and political parties. India in September told a court X is a "habitual non-compliant platform" and for years has not followed many orders to remove content, undermining the government's role.
Persons: Samiran Gupta, Gupta, Elon Musk, Musk, Narendra Modi, Aditya Kalra, Simon Cameron, Moore Organizations: REUTERS Acquire, Twitter, Global Government Affairs for, Reuters, LinkedIn, Elon, Twitter Inc, Thomson Locations: DELHI, India, South Asia, New Delhi, Global Government Affairs for India, Delhi
What working in finance taught Radhika Gupta about life
  + stars: | 2023-08-11 | by ( ) www.cnbc.com   time to read: 1 min
From days, to seasons, and even to growing older – life is full of cycles. So too is the world of finance, according to Radhika Gupta, CEO of Edelweiss Asset Management. There are really big highs and really big lows," Gupta told CNBC's My Biggest Lessons. "It's important to just ride through the lows and keep going on," she explained. This is just one of Radhika Gupta's biggest lessons.
Persons: Radhika Gupta, Gupta, CNBC's, Radhika Gupta's Organizations: Edelweiss Asset Management
Robinhood's head of engineering Surabhi Gupta is leaving the company, Insider has learned. Robinhood last month laid off 150 full-time employees but leaked meeting audio reveals wider cuts. The company has also made cuts through "reorgs," among teams like recruiting, engineering, and data science. Robinhood's head of engineering is leaving the company, Insider has learned, the latest tech leader to depart amid deeper-than-reported cuts to its workforce, according to internal memos and audio of an all-hands meeting. The layoff was widely reported, but audio of an all-hands meeting reviewed by Insider show ongoing cuts have been deeper.
Persons: Gupta, Robinhood, Surabhi Gupta, Jesper Johansson, Johansson, Surabhi, Jason Warnick, Warnick Organizations: LinkedIn
Nissan has been working to define a lower threshold for its pledged, strategic investment in Renault's electric vehicle unit, Ampere, below the 15% maximum target it announced in February, two of the people said. The automakers announced a framework agreement in February and had aimed to finalise the deal as early as March. Under the framework, the Japanese automaker would take the as much as 15% of Ampere and Renault would reduce its 43% stake in Nissan. "Nissan and Renault are engaged in constructive and ongoing negotiations. The board has not heard the final report on the surveillance claim, according to the three people.
Persons: Ampere, Makoto Uchida, Ashwani Gupta, Gupta, Nissan's, Maki Shiraki, Daniel Leussink, Kevin Krolicki, David Dolan Organizations: Nissan, Renault, Reuters, Thomson Locations: TOKYO
Under the framework, the Japanese automaker would take as much as 15% of Renault's new electric vehicle unit, Ampere, while Renault would reduce its 43% stake in Nissan. The delay shows how the latest tension at the top of the Japanese automaker has complicated a drive to bring the decades-long relationship with Renault to a more equal footing. After the automaker was pitched into turmoil by the ouster of former Chairman Carlos Ghosn, Nissan executives sought to rebalance the alliance he built. We will make a statement in due course when the agreements are concluded," the Japanese automaker said in a statement. Nissan and Renault's junior partner, Mitsubishi Motors, has also indicated it may invest in the company.
Persons: Ampere, Carlos Ghosn, Makoto Uchida, Ashwani Gupta, Gupta, Maki Shiraki, Daniel Leussink, Kevin Krolicki, David Dolan Organizations: Nissan, Renault, Reuters, Mitsubishi Motors, Qualcomm, Mitsubishi, Thomson Locations: TOKYO, U.S
It's time to pull back on Carvana after its shares shot up this year, JPMorgan said. Gupta's $10 price target means he thinks the stock could fall 74.3%. JPMorgan raised its non-GAAP EBITDA and gross revenue per unit expectations for the 2023 through 2025 fiscal years. Last month, JPMorgan said the company should still consider an equity raise to further reduce concerns. The issue with Carvana's story, according to Gupta: Investors are anticipating a stronger return to growth and leverage in 2024 than will actually take place.
Persons: Rajat Gupta, Gupta, Gross, — CNBC's Michael Bloom Organizations: JPMorgan, Gupta Locations: Carvana
TOKYO, June 28 (Reuters) - Nissan Motor Co (7201.T) has decided to not fill in the chief operating officer position vacated by Ashwani Gupta under a new management structure, the Japanese automaker said on Wednesday. Responsibilities previously carried out by the operations chief will be taken over by other executives, it said. Chief Financial Officer Stephen Ma will take over operations performance duties. Japan's No.3 automaker is investigating accusations that Uchida carried out surveillance of Gupta, Reuters has reported. Nissan is in the midst of finalising the terms of a sweeping reset of its decades-old alliance with Renault SA (RENA.PA).
Persons: Ashwani Gupta, Hideyuki Sakamoto, Stephen Ma, Makoto Uchida, Nissan, Gupta, Japan's, Uchida, Satoshi Sugiyama, Muralikumar Organizations: Nissan, Reuters, Renault SA, Renault, Thomson Locations: TOKYO
The preliminary report said Nissan had installed two sets of security cameras at the entrance to Gupta's house in Tokyo's Shibuya ward, the people said. Uchida and Gupta, who was still a Nissan director and chief operating officer on June 20, were recused from the board meeting. In his letter, Nada asked for an international law firm to be brought in to investigate the surveillance of Gupta. Reuters was unable to determine if either law firm had made any finding about the harassment claim itself, beyond how it was handled. Nada said in his letter he understood that Japanese law firm Anderson Mori & Tomotsune had investigated the claim.
Persons: Ashwani Gupta, Makoto Uchida, Davis Polk, Gupta, Uchida, Nissan, Akira Takeuchi, Hari Nada, Nada, Iwata Godo, Motoo Nagai, Nagai, Anderson Mori, Tomotsune, Daniel Leussink, Maki Shiraki, Kevin Krolicki, David Clarke Organizations: Nissan, Renault, Reuters, NEW, Senior Renault, Thomson Locations: Yokohama, Tokyo's Shibuya, Tokyo, French, Austin , Texas
The Australian scandal is the latest in a number the "big four" professional services firm has faced around the globe. Auditor PwC said it was unable to comment on client issues due to confidentiality clauses. Its auditor PwC and affiliates agreed to pay $33 million in fines and compensation to settle U.S. litigation in 2011. India's market regulator barred PwC's local affiliate from auditing listed companies for two years in 2018, but that was overturned the following year. ($1 = 1.4984 Australian dollars)Reporting by Lewis Jackson; Editing by Praveen Menon and Sonali PaulOur Standards: The Thomson Reuters Trust Principles.
Persons: Kristin Stubbins, PwC, Lewis Jackson, Praveen Menon, Sonali Paul Organizations: SYDNEY, PricewaterhouseCoopers, International, Wyelands Bank, Colonial Bank ., Satyam, Enron, PwC, Thomson Locations: Australia, Brazil, Britain, Alabama, Colonial Bank . India
TOKYO, June 24 (Reuters) - Nissan (7201.T) has launched an investigation into claims by a senior adviser that Chief Executive Makoto Uchida carried out surveillance of his deputy Ashwani Gupta, four people with direct knowledge of the matter said. In the letter, Nada said Uchida carried out surveillance over a long period. Asked to comment on the surveillance investigation, Nissan said in response to Reuters: "Independent third parties have been retained to verify facts and carry out appropriate actions." Nada did not detail in the letter how he knew of the alleged surveillance of Gupta. Nada is a member of two executive committees established by Nissan in 2019 as part of a governance reform after the Ghosn scandal.
Persons: Makoto Uchida, Ashwani Gupta, Hari Nada, Nada, Uchida, Renault, Gupta, Nissan, Akira Takeuchi, Anderson Mori, Tomotsune, Carlos Ghosn, Ghosn, Jean, Dominique Senard, Luca de Meo, de Meo, Greg Kelly, Nissan's, Ampere, David Dolan, Gilles Guillaume, Kevin Krolicki, David Clarke Organizations: Nissan, Financial Times, Reuters, Renault, NISSAN, RENAULT, Thomson Locations: TOKYO, Tokyo, Lebanon, Japan, Paris
As a leader, being too kind to your team can sometimes be seen as losing your authority or power over them. Reetika Gupta, deputy dean of Essec's APAC Business School, strongly believes that's not the case. "It is bringing you closer to people," Gupta told CNBC's Make It. "It helped me realize that acquiring talent is infinitely more expensive than retaining talent," she added. Watch the video above for more.
Persons: Reetika Gupta, that's, Gupta, Reetika Organizations: Business School
LONDON, April 5 (Reuters) - Prateek Gupta's lawyers are seeking an extension of a deadline to challenge a $625 million global freezing order imposed by a London Court on the Indian businessman and his firms until June, a spokesperson said on Wednesday. Freezing orders are injunctions granted by the English courts to restrain individuals or businesses from disposing of or dealing with assets on a worldwide basis. Gupta previously aimed to prepare "a robust response" to the allegations and file the application to remove the freezing order by April 6. A London court imposed the freezing order, dated Feb. 8, on bank accounts and other assets tied to Gupta and seven companies Trafigura said are controlled by him, including those in Britain, Singapore, Malaysia and Switzerland. Reporting by Pratima Desai, Eric Onstad and Polina Devitt; editing by Kirsten DonovanOur Standards: The Thomson Reuters Trust Principles.
LONDON, March 8 (Reuters) - Indian businessman Prateek Gupta, whom commodity trader Trafigura has accused of "systematic fraud" regarding nickel shipments, is living in the sought-after Palm Jumeirah area of Dubai, London court documents said. A London High Court judge agreed to impose a $625 million freezing order on assets controlled by Gupta and companies linked to him, which included a villa in Palm Jumeirah, the freezing order document said. A spokesperson for Gupta has said he plans to challenge the freezing order. Palm Jumeirah is a man-made island shaped like a palm and regarded as one of the most sought-after areas of Dubai. "Trafigura does not know whether Mr Gupta is the beneficial owner of this property," said an affidavit by Joseph O'Keeffe, a lawyer representing Trafigura.
An Indian tycoon sued over missing nickel cargoes told inspectors he'd had a heart attack, per the FT.Trafigura alleges many of Prateek Gupta's shipments didn't contain any nickel and it faces a $577 million loss. Commodities trading giant Trafigura has sued Prateek Gupta and companies associated with him, including TMT Metals and UIL Malaysia. Trafigura's head nickel trader, Sokratis Oikonomou, arranged for a physical inspection of the cargoes shipped by Gupta's firms on November 9, the report said. Trafigura has said none of the Rotterdam containers had the the nickel previously agreed in orders, but contained carbon steel instead. Gupta was hit with a $625 million freezing order by a London court after Trafigura filed its fraud lawsuit.
[1/5] Police officers stand outside a building having BBC offices, where income tax officials are conducting a search, in New Delhi, India, February 14, 2023. The government last month dismissed the documentary, "India: The Modi Question", as propaganda and blocked its streaming and sharing on social media. The BBC has stood by its reporting for the documentary and said it was cooperating with Indian tax officials. The tax survey relates to transfer pricing rules and alleged diversion of profits. India's Income Tax Department has so far declined to comment on the reason for the search.
Even 2 1/2 years later, most city downtowns aren't back to where they were prepandemic. Without more-robust policies to address failing downtowns, cities are going to start hurting. The increased cancellations of office leases have cratered the office real-estate market. Since 2016, only 112 commercial office spaces in the US have been converted, while 85 projects are underway or have been announced, according to CBRE's data. The birth of the central social districtTo avoid a commercial real-estate apocalypse, cities will need to streamline conversions.
Liberty Steel agrees debt restructuring deal
  + stars: | 2022-11-15 | by ( ) www.reuters.com   time to read: +2 min
LONDON, Nov 15 (Reuters) - The Liberty Steel group owned by commodities tycoon Sanjeev Gupta has reached an agreement to restructure much of its debt for global operations, it said on Tuesday, while negotiations continue on the debt of its European business. Liberty said in a statement that it had signed a term sheet subject to contract on an agreement in principle on debt restructuring with parties responsible for the main creditors of Greensill Capital UK Ltd, Greensill Bank AG and Credit Suisse Asset Management (CSGN.S). The company said in June that it had reached a standstill agreement with its largest creditor, Greensill Bank, on debt facilities for its European business. Tuesday's statement said Liberty was in the process of negotiating a similar term sheet for restructuring debt for the European business. German-based Greensill Bank is a subsidiary of Greensill Capital, which lent money to businesses by buying their invoices at a discount, but it collapsed after one of its main insurers declined to renew its cover.
Total: 25