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☆ US returns looted antiquities worth $10 million to India
▼ + stars: | 2024-11-15 | by ( Karina Tsui | ) edition.cnn.com time to read: +2 min

CNN —The United States has returned more than 1,400 looted artifacts worth $10 million to India as part of an ongoing initiative to repatriate stolen art from countries across South and Southeast Asia, the Manhattan District Attorney’s office announced Wednesday. The trafficked goods recovered include items that, until recently, were on view at New York’s Metropolitan Museum of Art. The DA’s office obtained an arrest warrant for him in 2012though he remains in custody in India, pending his extradition to the US. Since its creation over a decade ago, the Manhattan District Attorney’s Antiquities Trafficking Unit –– a task force of lawyers, investigators and art experts –– has recovered 5,800 antiquities valued at almost $460 million. In July, the US and India signed an agreement to protect cultural property by preventing illegal trades and streamlining the process of returning stolen antiquities back to India.

Persons: Nancy Wiener, Subhash Kapoor, Alamy Kapoor, ” William Walker, – – Organizations: CNN, Manhattan District, New York’s Metropolitan Museum of Art, Manhattan, Attorney’s, Metropolitan Museum of Art, federal Homeland Security Locations: United States, India, South, Southeast Asia, New, London, American, New York, Rajasthan, Tamil, Germany, 2012though, York

☆ US to return 297 antiquities to India
▼ + stars: | 2024-09-23 | by ( Chris Lau | ) edition.cnn.com time to read: +2 min

CNN —The US is returning 297 history-spanning antiquities stolen or smuggled from India, many dating back centuries. In July, the US and India signed an agreement to protect cultural property by preventing illegal trades and streamline the process to return stolen antiquities back to India. “Prime Minister (Modi) thanked President Biden for his support in the return of these artifacts,” the India’s Ministry of External Affairs said. India has faced an uphill battle in protecting its valuable cultural treasures from looters, though it has been making headway in recent years. In 2022, the US returned 307 stolen treasures to India as part of a 15-year investigation into international trafficking networks.

Persons: Joe Biden, Narendra Modi, “, Biden’s, Modi, Biden, Subhash Kapoor Organizations: CNN, Indian, “, India’s, External Affairs, US, Indian Ministry, State Department’s Bureau, Educational, Cultural Affairs Locations: India, Eastern India, Wilmington , Delaware, Japan, Australia, Central India, New York

☆ India’s ‘godmen’: How a rigid caste system has created a new kind of deity
▼ + stars: | 2024-07-12 | by ( Rhea Mogul | ) edition.cnn.com time to read: +9 min

The man they had come to see was known to his disciples as Bhole Baba, a self-styled Hindu spiritual leader worshipped by many as a living god. “My mother believed in (Bhole Baba). What could I do?”People like Lal’s mother – poor and on the lower rungs of India’s hierarchical caste system – make up the bulk of Bhole Baba’s following. Claiming to possess mystical knowledge and the ability to cure illness and solve problems, godmen inspire remarkable fervor in their millions of followers. Gurmeet Ram Rahim Singh, head of the spiritual organization Dera Sacha Sauda, is another self-styled spiritual guru revered by millions.

Persons: –, Bhole Baba, ”, “, Meera Nanda, Sakib Ali, Subhash Lal, Lal, Narayan Sakar, Kalyani, Sheetal, Bhole, Jatav, Sathya Sai Baba, Ravi Shankar, Gurmeet Ram Rahim Singh, Sacha Sauda, Parveen Kumar, Singh, ” Nanda, Asaram Bapu, Sunil Verma, Sai, Goldie Hawn, Isaac Tigrett, Sachin Tendulkar, Manmohan Singh, Surendra Singh, Narayan Sakar Hari resound, Aishwarya S, Iyer Organizations: CNN, Hindustan Times, Uttar, Uttar Pradesh Police, Azim Premji University, ” Miracle, Pacific Press, Rock Locations: India’s Uttar Pradesh, India, Hathras, Uttar Pradesh, Garhi, India’s, Bangalore, ”, Bole, Gurugram

CNN —Eyewitnesses have recounted scenes of chaos and confusion after a religious festival in northern India ended in tragedy when scores of people were killed in a crowd crush. At least 121 people died – almost all of them women – and 35 others were injured when overcrowding at a sermon in Mughal Garhi village in Uttar Pradesh led to the deadly crush on Tuesday. Speaking to CNN from a local hospital, a security guard named Subhash Lal said his mother had died in the crush. Ritesh Shukla/Getty ImagesPersonal belongings of victims who died in the crush are seen scattered at the venue in Uttar Pradesh. “I was told to go to the district hospital and here I found her body.”Uttar Pradesh has launched a special investigative team to probe the deadly crowd crush, the state’s chief minister announced on Wednesday.

Persons: –, Bhole Baba, godman, Subhash Lal, “, ” Lal, Ritesh Shukla, Kamala, Rekha, ”, Yogi Adityanath, Adityanath, Anushree Fadnavis, Bhole Baba –, Suraj Pal – Organizations: CNN, . Police, Reuters, Reuters Police Locations: India, Garhi, Uttar Pradesh, Uttar Pradesh’s, Hathras district, Anushree

☆ India Court Effectively Bans Madrasas in Big State Before Election
▼ + stars: | 2024-03-23 | by ( March | At A.M. | ) www.usnews.com time to read: +4 min

India holds a general election between April and June that Modi's Bharatiya Janata Party (BJP) is widely expected to win. The BJP's Tripathi responded that Muslim BJP leaders had no reason to fear because their community equally benefits from various government welfare programmes. Friday's order applies to all madrasas in the state, whether funded privately or by the government, Javed said. The court did not give a timeline for its order, but Javed said madrasas are unlikely to be closed right away. The northeastern state of Assam, also ruled by the BJP, has been converting hundreds of madrasas into conventional schools.

Persons: Saurabh Sharma, Krishna, Narendra Modi's, Iftikhar Ahmed Javed, Subhash Vidyarthi, Vivek Chaudhary, Anshuman Singh Rathore, Rathore, Modi, Ram, Babur, Rakesh Tripathi, madrasas, Sudhanshu Chauhan, Javed, Tripathi, Krishna N, William Mallard Organizations: Das NEW, Bharatiya Janata Party, BJP, Pradesh BJP, madrasas, Das Locations: Das NEW DELHI, India, Uttar Pradesh, Allahabad, Pradesh, Assam, New Delhi

☆ Zee founder family to eventually lift stake to 26%, according to reports
▼ + stars: | 2024-01-29 | by ( ) www.cnbc.com time to read: +1 min

Logos of Zee Entertainment Enterprises Ltd. displayed on computer screens arranged in Mumbai, India, on Tuesday, Jan. 9, 2024. Zee Entertainment founder Subhash Chandra's family will eventually lift their stake in the media house to 26% from 4% currently, Mint reported on Monday, days after a merger with Sony 's India unit collapsed. "I have advised my immediate and extended family to increase their shareholding in Zee... We eventually want to go back to 26%, but it will take time," Chandra told Mint, a business daily, in an interview. Chandra, who set up Zee in 1992 and is often dubbed the "Father of Indian Television", is now chairman emeritus at Zee. Chandra, who is Goenka's father, told Mint "Punit is the right person to run the company and there is no problem with Zee."

Persons: Subhash Chandra's, Zee, Chandra, Punit Goenka, Goenka, Mukesh Ambani's Organizations: Zee Entertainment Enterprises, Zee, Sony Group Corp, Zee Entertainment, Mint, Sony, Indian, Walt Disney, India Locations: Mumbai, India, Zee .

☆ India set to miss divestment targets by more than half this year - sources
▼ + stars: | 2023-11-24 | by ( Nikunj Ohri | ) www.reuters.com time to read: +3 min

The government may fall short of its divestment goal by 300 billion rupees ($3.60 billion) in 2023/24, two government sources told Reuters. New Delhi had targeted 510 billion rupees from divestment proceeds for the current fiscal year that ends March, 2024. So far this year, the government has received 80 billion rupees through stake sales, according to government data. The government expects to surpass its 430 billion rupees dividend target and has so far received 203 billion rupees from state-run firms. "As long as the government is meeting its fiscal targets and there isn't a shortfall, missing divestment targets is fine," said Rahul Bajoria, an economist at Barclays Investment Bank.

Persons: Niharika Kulkarni, Narendra Modi's, Subhash Chandra Garg, Rahul Bajoria, Nikunj Ohri, Sam Holmes Organizations: IDBI, REUTERS, Reuters, IDBI Bank, NMDC Steel, Reserve Bank of India, NMDC, Barclays Investment Bank, Thomson Locations: Mumbai, India, DELHI, New Delhi, Chhattisgarh

☆ Subhash Makhija: The Beauty Comes Serving The Underserved Communities
▼ + stars: | 2023-10-25 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailSubhash Makhija: The Beauty Comes Serving The Underserved Communities"I see ambition everywhere." GEP CEO Subhash Makhija shares what ambition means to him and his company.

Persons: Subhash, Subhash Makhija

☆ Subhash Makhija: I See Ambition Everywhere
▼ + stars: | 2023-10-23 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailSubhash Makhija: I See Ambition Everywhere"The beauty also comes serving the underserved communities of the world." GEP CEO Subhash Makhija shares what ambition means to him and his company.

Persons: Subhash, Subhash Makhija

☆ National Gallery of Australia to return $1.5M statues, bought from disgraced art dealer Douglas Latchford, to Cambodia
▼ + stars: | 2023-08-04 | by ( Christy Choi | ) edition.cnn.com time to read: +4 min

CNN —Three bronze sculptures looted from Cambodia and later sold to the National Gallery of Australia for $1.5 million will be returned to the Southeast Asian kingdom, the museum announced Thursday. The gallery purchased the artifacts in 2011 from the late art dealer Douglas Latchford, who was subsequently accused by US investigators of trafficking stolen antiquities. He added that “about 20” other Cambodian items in the museum’s collection are still being reviewed. Kingdom of Cambodia/National Gallery of AustraliaThe three items from the National Gallery will join that collection in Phnom Penh once the new extension is complete. In 2021, it returned 17 works of art connected to disgraced art dealers Subhash Kapoor and William Wolff.

Persons: Douglas Latchford, ”, Chanborey, Cheunboran, Nick Mitzevich, Arts Susan Templeman, Karlee, of Australia Latchford, Latchford, Bradley Gordon, Latchford’s, Nawapan Kriangsak, —, Phoeurng Sackona, Subhash Kapoor, William Wolff Organizations: CNN, National Gallery of Australia, Arts, of Australia, Cambodia’s, Culture and Fine Arts, of Locations: Cambodia, Australia, New Zealand, Canberra, Karlee Holland, Khmer, New York, Angkor Wat, Thailand, Phnom Penh, Kingdom

☆ Indian business hub Gurugram remains tense after Hindu-Muslim clashes
▼ + stars: | 2023-08-02 | by ( Sakshi Dayal | ) www.reuters.com time to read: +2 min

People ride past the burnt shops following clashes between Hindus and Muslims in Gurugram district in the northern state of Haryana, India, August 1, 2023. REUTERS/Adnan AbidiNEW DELHI, Aug 2 (Reuters) - Traffic was lighter than usual on Wednesday and some streets deserted in the Gurugram business hub south of the Indian capital Delhi as authorities said the death toll from two days of Hindu-Muslim clashes in the region had mounted to seven. A total of 116 people have been arrested so far," Manohar Lal Khattar, the chief minister of Haryana state where Gurugram is located, said on Wednesday. Security forces were also on alert for planned protests by Hindu nationalist groups, including in the capital Delhi. However in 2020, over 50 people were killed in religious clashes in northeastern Delhi, the worst sectarian violence in the capital in decades.

Persons: Adnan Abidi, Manohar Lal Khattar, Subhash Boken, Narendra Modi's, Sakshi Dayal, Raju Gopalakrishnan Organizations: REUTERS, Google, Deloitte, American Express, Police, Security, Gurugram Police, Thomson Locations: Gurugram district, Haryana, India, DELHI, Delhi, Nuh, Gurugram, India's

☆ Adani case threatens watchdog’s rising credibility
▼ + stars: | 2023-07-06 | by ( Shritama Bose | ) www.reuters.com time to read: +4 min

In June the Securities and Exchange Board of India, the country’s markets regulator, disciplined two media tycoons for alleged wrongdoing and strengthened disclosure norms for foreign investors. Going all-in on the Adani case would entail working with other law enforcers, such as the Directorate of Enforcement and the Directorate of Revenue Intelligence. Unless Buch’s team pulls out all the stops, the regulator’s toughest test under her leadership so far is a threat to its rising credibility. The markets regulator on June 12 barred Zee Entertainment Enterprises CEO Punit Goenka and Chair Emeritus Subhash Chandra from holding key managerial positions in any listed company. In a separate order dated June 22 Sebi barred Eros group Managing Director Sunil Arjan Lulla and three group entities including Eros International Media from the securities market, citing accounting irregularities.

Persons: Puri, Gautam, Punit Goenka, Subhash Chandra, Breakingviews, Sebi, Sunil Arjan Lulla, Antony Currie, Katrina Hamlin Organizations: Reuters, Securities and Exchange Board of India, Zee Entertainment Enterprises, Eros International, Reuters Graphics Reuters, of Revenue Intelligence, Securities, Exchange Board, India, Eros International Media, Thomson Locations: MUMBAI

☆ Sony’s India deal episode hits fresh cliffhanger
▼ + stars: | 2023-06-13 | by ( ) www.reuters.com time to read: +2 min

MUMBAI, June 13 (Reuters Breakingviews) - Sony's (6758.T) Indian unit keeps running into fresh plot twists. The deal, in the works since late 2021, has already overcome multiple hurdles. Zee has weathered shareholder calls for a rejig of the company’s board and from creditors to declare it insolvent. After all, it is a strategic combination designed to take on Disney (DIS.N), Reliance Industries (RELI.NS), Netflix (NFLX.O) and others. They do not reflect the views of Reuters News, which, under the Trust Principles, is committed to integrity, independence, and freedom from bias.

Persons: Punit Goenka, Subhash Chandra, Goenka, Shritama Bose, Una Galani, Thomas Shum Organizations: Reuters, Zee Entertainment, Securities, Exchange Board, India, Sony, Disney, Reliance Industries, Netflix, Zee, Twitter, Brookfield, Thomson Locations: MUMBAI, London, Teck, China

The free food programme, however, cost the government around $47 billion, worsened the fiscal deficit and reduced wheat stocks in government warehouses to multi-year lows. The government expects to save nearly $20 billion a year by ending the COVID free food scheme. MODI TRUSTED BY VOTERSSome economists had wanted the food programme gone months ago as COVID curbs eased. Had the trust not been there, and for any other leader, it would have been difficult to end such a food programme ahead of elections." But senior BJP leader and former minister Ravi Shankar Prasad said that the decision to reduce food aid should not be linked to elections or politics.

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