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PERSONS IN NEWS - August 2022

Aug 2022

Aug 02, 2022

Founder of Kannada Daily 'Udayavani' T. Mohandas Pai Passes Away

  • T. Mohandas Pai, founder of popular Kannada daily 'Udayavani', died following prolonged illness. He was 89.
  • He was the eldest son of Dr. T. M. A. Pai, the founder of the Manipal Group of Institutions. He was also the president of the Dr. T. M. A. Pai Foundation and Manipal Media Network, which runs 'Udayavani'.
  • Pai was a law graduate and is regarded as the architect of modern Manipal. He also headed ICDS Limited.

Indian Women Savitri Jindal Replaces China's Yang Huiyan as Asia's Richest Woman

  • Savitri Jindal, the Chairperson Emeritus of OP Jindal Group, surpassed China's Yang Huiyan and became Asia's richest woman, as per the real-time Bloomberg Billionaires Index. Savitri Jindal who also holds the position of the richest woman in India has a total fortune of $11.3 billion.
  • Jindal's net worth fluctuated wildly in recent years. It fell to $3.2 billion in April 2020 at the start of the Covid-19 pandemic, then to $15.6 billion in April 2022 due to a rise in commodity prices following Russia's invasion of Ukraine.
  • The fortune of Yang Huiyan, owner of China's largest real estate developer 'Country Garden Holdings', dropped by more than half in 2022, from $ 24 billion to $11 billion. She had been Asia's richest woman for the past five years.

Aug 01, 2022

Fidel Valdez Ramos, ex-Philippine President Dies

  • Former Philippine President Fidel Valdez Ramos, a US-trained ex-general who saw action in the Korean and Vietnam wars and played a key role in a 1986 pro-democracy uprising that ousted a dictator, died. He was 94.
  • Ramos, known for his "we can do this" rallying call, thumbs-up sign, attention to detail and firm handshakes, served as president from 1992 to 1998, succeeding the democracy icon, Corazon Aquino.
  • In 1992, Ramos won the presidential elections and became the largely Roman Catholic nation's first Protestant president. His term was marked by major reforms and attempts to dismantle telecommunications and other business monopolies that triggered a rare economic boom, bolstered the image of the impoverished Southeast Asian country and drew praise from business leaders and the international community.
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