Daniel Menaker, Award-winning Author and editor, passes away
Daniel Menaker, an award-winning author of fiction and non-fiction and a longtime editor at The New Yorker and Random House who worked with Alice Munro, Salman Rushdie, Colum McCann and many others, passed away at the age of 79.
Daniel Menaker was the author of several books, including the memoir "My Mistake" and the comic psychological novel "The Treatment," adapted into a 2007 movie starring Chris Eigeman and Ian Holm.
He was also known for the O Henry Award-winning title story of his collection "The Old Left," which draws on his early childhood in Greenwich Village and his "red diaper" upbringing: His father allegedly spied on Trotsky in Mexico, where the exiled Russian revolutionary was eventually assassinated, on behalf of the Communist Party; an uncle was named for Friedrich Engels.
Oct 28, 2020
Facebook India's Ankhi Das Steps Down
Facebook India's controversial public policy head Ankhi Das left the company with immediate effect to pursue her interest in public service.
Ankhi was one of our earliest employees in India and played an instrumental role in the growth of the company and its services over the last nine years.
The resignation comes after a Wall Street Journal report in August said that the top leadership at Facebook's India office refused to apply the company's own rules to politicians from the ruling Bharatiya Janata Party (BJP), despite clear violations of Facebook's policies against incitement to violence, hate speech and misinformation.
Oct 27, 2020
Aditya Puri Retires as HDFC Bank MD-CEO
Aditya Puri, who was HDFC Bank Managing Director and CEO for 26 years, retired from India's largest private bank. Sashidhar Jagdishan took over the charge.
Puri retired in accordance with the RBI regulations which say a private bank CEO's tenure should not exceed 70 years.
Jagdishan has been part of the bank since 1996, and played a critical role in supporting the growth trajectory of the bank. With an overall experience of over 30 years, Jagdishan has extensive knowledge and experience in the fields of banking, finance and economics.
Payal Ghosh Joins Ramdas Athawale's Party
Actor Payal Ghosh, who accused filmmaker Anurag Kashyap of raping her, joined the Republican Party of India (Athawale).
She, along with some others, joined the party in the presence of its chief and Union Minister Ramdas Athawale.
Ghosh was appointed vice president of the women's wing of the party.
Ghosh joined RPI (A) to do something for the country and thanked Athawale for supporting her in her fight against Kashyap.
Oct 26, 2020
Rajan Sushant Floats New Political Outfit
Former Lok Sabha member Rajan Sushant launched a new political outfit named 'Hamari Party Himachal Party'.
Sushant said that the party will emerge as an alternative to the Congress and BJP.
The party will contest elections in all four parliamentary seats and 68 Vidhan Sabha seats.
Oct 25, 2020
Lee Kun-hee, the Chairman of South Korea's Largest Conglomerate, Passes Away
Lee Kun-hee, the chairman of South Korea's largest conglomerate, Samsung Group, passed away at the age of 78.
Mr. Lee helped to grow his father's small trading business into an economic powerhouse, diversifying into areas like insurance and shipping.
During his lifetime, Samsung Electronics also became one of the world's biggest tech firms.
He was the richest person in South Korea with a net worth of nearly $21bn (£16bn).
Mr. Lee was the third son of Lee Byung-chul, who founded Samsung Group in 1938. He joined the family firm in 1968 and took over as chairman in 1987 after his father's death.
At the time, Samsung was seen as a producer of cheap, low-quality products. But under his leadership radical reforms were introduced at the company.
Mr. Lee became famous for telling employees in 1993: "Let's change everything except our wives and kids." The firm then burned its entire mobile phone stock, consisting of 150,000 handsets.
Samsung is by far the largest of South's Korea's chaebols - the family-owned conglomerates that dominate the country's economy.
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