Kiran Mazumdar-Shaw new vice-chair of US-India biz body

Jan 14, 2021
Washington/Bengaluru:  Biocon Chairperson Kiran Mazumdar-Shaw is the new vice-chair of the US-India Business Council (USIBC) board for 2021, the apex trade body said on Thursday.

“Kiran Mazumdar-Shaw will be one of the three vice-chairs for the US-India Business Council’s board of directors,” said USIBC Chairman Vijay Advani in a statement from Washington DC.

The other two vice chairs are Amway chief executive Milind Pant and Nasdaq executive Edward Knight.

“The perspectives of the new vice-chairs will be invaluable as the Council charts a path forward in the post-pandemic era and work to deepen the US-India partnership,” said Advani.

As vice-chairs, Mazumdar-Shaw, Pant and Knight will work with Council President Nisha Biswal and its policy directors to elevate priorities in key sectors and lead meetings between industry and government.

The trio will also work to amplify the voice of industry on international trade and investment issues and emphasise the key role that businesses can play in strengthening democratic institutions and combatting the global pandemic.

“I am honoured to serve the Council, which is committed to enhancing the US-India bilateral trade. In my new role, I look forward to forging collaborative initiatives in pharma and healthcare in research, innovation and skill development between our two nations,” Mazumdar-Shaw said.

The pandemic has provided an opportunity for robust engagement between the two countries that can lead to knowledge sharing in digital healthcare, medical technologies and Intellectual Property-led drug and vaccine innovation to deliver healthcare solutions, she added.

The Council represents top global firms operating across the US, India and the Indo-Pacific. Recognising that US-India trade is driven by new business hubs, the Council is also focused on strengthening connections between cities and states in both countries.IANS

India’s forex reserves soar to lifetime high of $648.7 billion

Mumbai: India's foreign exchange reserves surged by $4.55 billion to touch a new lifetime high of 648.7 billion mark during the week ended May 17, according to the latest data...

Led by Adani Group, India saw robust deal-making activity in April: Report

New Delhi: India Inc saw robust deal-making activity in April, with three major domestic consolidations by the Adani Group valued at $2 billion, representing 38 per cent of the total...

Sensex flat amid negative global cues

Mumbai: Indian equity benchmarks were trading flats on Friday, following negative global cues. At 10.00 a.m., Sensex was at 75,318, down 99 points and Nifty was at 22,933, down 34...

Market at all-time high as Nifty inches closer to 23,000; Adani Enterprises top gainer

Mumbai: Signalling investor confidence in the economic growth, development and investment prospects of India amid political stability, equity benchmarks surged to fresh all-time highs on Thursday, as shares of Adani...

Delhi-NCR leads in decline of unsold housing inventory in last 5 years: Report

Mumbai: The unsold home inventory in Delhi-NCR declined by a massive 57 per cent in the last five years, from nearly 2 lakh units in the first quarter of 2018-end...

Nifty at all-time high, Sensex jumps over 750 points

Mumbai: Indian equity indices were in an uptrend on Thursday following strong domestic cues. At 1:00 p.m., Sensex was up 800 points, or 1.08 per cent at 75,023 and Nifty...

Ex-Wipro CEO becomes highest-paid exec in Indian IT industry for FY24, earns over Rs 165 cr

New Delhi: Former Wipro Chief Executive Officer (CEO) and Managing Director (MD) Thierry Delaporte has become the highest-paid CEO in the Indian IT industry for FY24 as he earned more...

Indian-descent Nikesh Arora 2nd highest paid CEO in US, says report

Washington: Nikesh Arora, the India-born CEO of Palo Alto Networks, has been ranked America’s second-highest paid CEO in 2023. A total of 17 Indian-descent CEOs are in the top 500...

Paytm aims ‘leaner organisation structure’ after Rs 550 crore net loss in Q4

New Delhi: In order to achieve significant cost efficiencies through artificial intelligence (AI)-led capabilities, digital payments major Paytm is planning a “leaner organisation structure” and the “pruning of non-core businesses”,...

India to gain as global oil prices decline despite geopolitical tensions

New Delhi: Oil prices declined for a third day in a row in the international market on Wednesday, despite geopolitical tensions, as the US Federal Reserve is not expected to...

BMW launches new motorcycle in India at Rs 22.5 lakh

New Delhi: German luxury vehicle manufacturer BMW on Tuesday launched a new motorcycle -- S 1000 XR, in India at Rs 22,50,000 (ex-showroom price). Offered in three colour options --...

Sensex slips 139 points on negative global cues

Mumbai: Indian frontline indices Sensex and Nifty opened in the red, following negative global cues from US and Asian peers. At 9:45 a.m., Sensex was trading 139 points or 0.19...

Read Previous

UN says 3mn Iraqis exposed to food insecurity

Read Next

‘American Gods’ more relevant today: Series creator Neil Gaiman

Leave a Reply

Your email address will not be published.

WP2Social Auto Publish Powered By : XYZScripts.com