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Showing posts from August, 2023

Shyam Maheshwari Explores Strategies for Mitigating Stressed Asset Evolution

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Shyam Maheshwari , a founding partner of SSG Capital Management, holds a pivotal role on the Ares SSG investment committee and serves as a director at Ares SSG Singapore. He dedicates his focus primarily to identifying and evaluating investment prospects within India and across diverse Asian regions. Maheshwari’s affiliations extend to being an Associate Member at the Institute of Chartered Accountants of India. Commencing his career at Lehman Brothers in 1999, he boasts a comprehensive 17-year tenure involving deal origination, analysis, and investments within the industry. In his former role at SSG Capital, he significantly contributed to deal origination, analysis, investments in Asia, and spearheaded business development endeavors in India. Recently, during a discourse, Shyam Maheshwari delves into his perspectives concerning distressed asset resolution and the latest advancements. He highlights that the realm of distressed assets has evolved into a $4.5 billion platform today. I...

Denver police officer fatally shot a 'black' man she thought held a knife, but it was a marker

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The footage shows a woman sitting on the street next to a wheelchair. “Don’t, don’t pull your gun out on my husband, please,” she says. This image provided by Denver Police Department shows police body-worn camera video footage of a police encounter with Brandon Cole, on Aug 5, 2023.  DENVER: When officers responded to a domestic violence call on August 5, Brandon Cole reached into a vehicle and then soon after rushed toward one of them, police said. Thinking he was holding a knife, the officer fired twice, killing him. As it turned out, the object in his hand was a black marker. “This is a tremendous tragedy,” Denver Police Chief Ron Thomas said during a news conference Monday as police released graphic body-camera video of the shooting, which is still being investigated. A neighbor had called 911 to report potential domestic violence involving Cole, 36, his wife and his teenage son. The caller reported that the woman may have been pushed out of her wheelchair and that Cole wa...

Muslim mobs attack churches in eastern Pakistan after accusing Christians of desecrating the Quran

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In yet another video, a man is seen climbing to the roof of the church and removing the steel cross after repeatedly hitting it with a hammer as the crowd down on the road cheered him on. Local residents look damaged furniture outside of a burned church in a Christian neighborhood following an angry Muslim mob attack in Jaranwala near Faisalabad, Pakistan. MULTAN: Muslims in eastern Pakistan went on a rampage Wednesday over allegations that a Christian man had desecrated the Quran, demolishing the man’s house, burning churches and damaging several other homes, police and local Christians said. There were no immediate reports of casualties. The scale of the violence prompted the government to deploy additional police forces and send in the army to help restore order. The attacks in Jaranwala, in the district of Faisalabad in Punjab province, erupted after some Muslims living in the area claimed they had seen a local Christian, Raja Amir, and his friend tearing out pages from a Qura...

US surgeons say pig kidney functional in human for more than a month

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The latest experimental procedure is part of a growing field of research aimed at advancing cross-species transplants, testing the technique on bodies that have been donated for science. A team of surgeons transplanting a pig kidney into a brain dead patient, part of a growing field of research aimed at advancing cross-species transplants and closing the organ donor gap.  US surgeons who transplanted a genetically modified pig kidney into a brain dead patient said Wednesday the organ was still working well after a record 32 days — a significant step in the quest to close the organ donation gap. The latest experimental procedure is part of a growing field of research aimed at advancing cross-species transplants, testing the technique on bodies that have been donated for science. There are more than 103,000 people waiting for organs in the United States, 88,000 of whom need kidneys. “We have a genetically edited pig kidney surviving for over a month in a human,” Robert Montgomer...

A camp teaches Ukrainian soldiers who were blinded in combat to navigate the world again

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Over several weeks, the men would learn to navigate the city of Rivne, prepare their own meals and use public transportation while travelling solo. A trainer holds out his arm to prevent Ivan Soroka, a former Ukrainian soldier blinded in the war, from colliding with a pole on the streets of Rivne, Ukraine, Friday, July 21, 2023.  RIVNE: Along a bustling street in a western Ukrainian city, Denys Abdulin takes his first independent strides since he was severely wounded and blinded while fighting invading Russian troops more than a year ago. The 34-year-old former soldier, wearing black glasses and gripping a white mobility cane, steps onto a more crowded stretch of sidewalk. His movements become tentative and tense. He accidentally blocks the path of a woman approaching an ATM to withdraw cash. Like many other pedestrians, she responds with a compassionate smile and gracefully moves aside. Gradually, Abdulin covers 600 meters (almost 3/10 of a mile), guided by a trainer wal...

Train shootings: RPF constable who killed senior, three Muslim passengers dismissed from service

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Chaudhary was involved in at least three discipline-related incidents in the past. Constable Chetan Kumar Choudhary who fired from his automatic weapon, killing an RPF Assistant Sub-Inspector and three other passengers of the Jaipur-Mumbai Central. MUMBAI: RPF constable Chetansinh Chaudhary, who shot dead his senior and three passengers on board a moving train last month, has been dismissed from service, an official said on Thursday. The order to sack Chaudhary was issued on Monday by Railway Protection Force (RPF) senior divisional security commissioner, the official said. As per the official, Chaudhary was part of the force’s dog squad in Madhya Pradesh’s Ujjain in 2017 when he once brought a Muslim man to the RPF post and harassed him for no reason. Superiors ordered an inquiry against Chaudhary over the harassment and action was taken against him as per disciplinary rules, he said. During his posting in Gujarat, Chaudhary assaulted a colleague on one occasion. In another incident...

Chandrayaan-3: Vikram lander successfully separates from Propulsion Module

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In the next step Lander Module will descend to a slightly lower orbit around the Moon on Friday. IMAGE VIA @isro An illustration showing ISRO's 'Chandrayaan-3' after its landing module (LM) successfully separated from the propulsion module. BENGALURU: Lander Module of Chandrayaan-3 spacecraft comprising the lander and rover has successfully separated from the Propulsion Module, ISRO said on Thursday. In the next step Lander Module will descend to a slightly lower orbit around the Moon on Friday. “Thanks for the ride, mate! said the Lander Module (LM). LM is successfully separated from the Propulsion Module (PM). LM is set to descend to a slightly lower orbit upon a deboosting planned for tomorrow around 1600 Hrs., IST,” ISRO said in a post on X (formerly Twitter). Post its launch on July 14, Chandrayaan-3 entered into the lunar orbit on August 5, following which orbit reduction maneuvers were carried out on August 6, 9, 14 and 16. As the mission progressed, a series of m...

'You can't talk about Rahul Gandhi without talking about Narendra Modi': Biographer

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As former Congress president and MP Rahul Gandhi completes nearly two decades in Indian politics, author Sugata Srinivasaraju’s upcoming book traces Gandhi’s political evolution and his ideology. Congress leader Rahul Gandhi With the 2024 general elections looming large, newly-reinstated Lok Sabha MP and former Congress party president Rahul Gandhi faces possibly the greatest challenge of his nearly two-decade-long political career. Fresh off the Bharat Jodo Yatra, the sixth-generation member of the Gandhi-Nehru family is seen as the de facto leader of the INDIA coalition, which is preparing to take on the might of the ruling BJP-led NDA coalition and by extension, Prime Minister Narendra Modi. At this crucial juncture, journalist-writer Sugata Srinivasaraju’s upcoming book, Strange Burdens: The Politics and Predicaments of Rahul Gandhi (Penguin India; Rs 699), charts the evolution of Gandhi’s politics and ideology. “I wasn’t planning to write this book. It was suggested by my publi...

CBI mobilises 53 officers including 29 women to probe Manipur violence cases

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Since the Deputy Superintendents of Police cannot be supervisory officers in such cases, the agency has sent three DIGs and one SP to supervise and monitor the investigations.                                             Image used for representational purpose only. NEW DELHI: In a major mobilisation, the CBI on Wednesday deputed 53 officers, including 29 women, drawn from its units across the country to probe Manipur violence cases, officials said. The team which includes three DIGs — Lovely Katiyar, Nirmala Devi and Mohit Gupta — and Superintendent of Police Rajveer will report to Joint Director Ghanshyam Upadhyay who will supervise the overall probe, they said. It is understood to be first of its kind mobilisation where such a large number of women officers have been simultaneously pressed into service, they said. Sources said that several of these cases being probed by the...

Maharashtra: Man who stabbed girl to death in front of her mother now booked for suicide attempt

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Aditya Kamble repeatedly stabbed the 12-year-old girl in the presence of her mother for rejecting his proposal for a romantic relationship, and then drank phenyl, a disinfectant.                                            Image used for representational purpose only. THANE: A 20-year-old man who fatally stabbed a girl in Maharashtra’s Thane district on Wednesday has also been booked for attempting to take his own life, the police said on Thursday. Accused Aditya Kamble repeatedly stabbed the 12-year-old girl in the presence of her mother for rejecting his proposal for a romantic relationship, at Teesgaon locality in Kalyan, said the police. The girl succumbed to the stab wounds during treatment. After attacking the girl, Kamble drank phenyl, a disinfectant, to end his own life, said an official. He is being treated at a hospital. The station house officer at Kolsewadi po...