Sethurathnam Ravi’s corporate journey is inclusive of associating with the SBI Payments Services Pvt

Sethurathnam Ravi, popularly known as S Ravi is the former chairman of Bombay Stock Exchange Limited (BSE). Currently he is the Founder and Managing Partner of Ravi Rajan & Co., an advisory and accountancy firm, headquartered in New Delhi, India. He is also an Associate Member of Association of Certified Fraud Examiners (CFE), USA, and a registered Insolvency Resolution Professional.

Sethurathnam Ravi

Sethurathnam Ravi (S Ravi) is a chartered accountant (CA) based in India, promoter and managing partner of Ravi Rajan & Co and the former Chairman of Bombay Stock Exchange (BSE). He also serves as an Independent Director of Tourism Finance Corporation of India. In 2019, Ravi also joined SBI Payments Services Pvt. Ltd as one of the Board Directors. Before joining BSE, Ravi served on boards of various companies such as, UTI Company Pvt Ltd., SMERA Ratings, SBI-SG Global Securities, STCI Finance, and BOI Merchant Bankers. He also serves as a member of SEBI’s takeover panel and Institute of Chartered Accountants of India.

Sethurathnam Ravi, popularly known as S Ravi pursued his Bachelor’s and Master’s degree in Commerce from Madhya Pradesh’s Durgavati University. His academics and talents led him to various job roles in the corporate world where he proved his worth. Mr Ravi has served as a director on the boards of various prestigious institutions like LIC Housing Finance, BHEL, IDBI Bank, Union Bank and several other PSUs and PSBs. He is the Independent Director and Chairman of Tourism Finance Corporation of India Limited and director on the board of SBI Payment Services Pvt Ltd and Aditya Birla ARC Limited, among others. He has, also, been a member of these companies’ Audit Committees, Strategic Revival Committees and Risk Management Committees He was a chartered accountant who was based in India along with being the managing and promoter partner of the Ravi Rajan & Co. He was also the honourable chairman of BSE.

S Ravi’s corporate journey is also inclusive of associating with the SBI Payments Services Pvt. Ltd where he was a member of the Board of directors. Before being a member of BSE, S Ravi also actively served on several companies out of which are SMERA Ratings, UTI Company Pvt. Ltd., STCI Finance Ltd, SBI-SG Global Securities, and finally the BOI Merchant Bankers. The former BSE chairman’s journey comprises holding respectable positions on the financial institutions, boards of banks, and a few of the companies that are associated with asset management in the field of finance.

When S Ravi was appointed as the BSE chairman in Nov 2017, he decided that the core goal of his business will be centred on the commodities because according to him when the exchange is initiated, it would somehow be centred on the diversification of the business which funds led to a smooth venture into the commodities derivatives. S Ravi succeeded Dhirendra Swarup as the chairman of BSE. As a BSE chairman, his main visions were governance where he started various mechanisms in the corporate world of India so when the government has improved and an efficient business will follow. His corporate life also includes being a member of the mutual fund’s discovery committee alone g with the SEBI’s takeover panel.

At present, Sethurathnam Ravi is the chairman and director of the Tourism Finance Corporation of India to promote tourism in the country. Some of the other boards where S Ravi serves are known as Aditya Birla Health Insurance Co. Ltd, SBI Payments Services, and others. During his corporate life, S Ravi had a positive attitude towards all the dynamics and technology that the world has introduced to the current generation. He supported neo banking where he established that the introduction of the efficiency, reach and technology of neo banking has created a positive impact on the world. Thus, the former BSE chairman has his share of contribution to the corporate world where he did his best and continue to do everything he could do for the overall development of the company and the collateral benefits that people of the company can enjoy.

UN experts urge Saudi Arabia to reverse death sentence for man convicted as minor

 

United Nations legal experts urged Saudi Arabia on Monday to reverse a death sentence imposed on Abdullah al-Huwaiti, a man who was convicted for crimes reportedly committed when he was a minor.

In May 2017, Huwaiti – who was 14-years-old at the time – was detained by police officers from his home in the northwestern city of Tabuk, and convicted of allegedly shooting a policeman during a robbery of a jewellery store.

He was held incommunicado for four months and denied access to a lawyer. He was interrogated under torture, including being whipped with electrical wire and was beaten to the point that he could not walk for days, according to rights groups.

Saudi Arabia’s Supreme Court overturned his sentence in November last year, however, Huwaiti was retried by a Tabuk criminal court under qisas– a form of retributive justice that allows the family of the victim to demand a death sentence, diya (monetary compensation), or offer a pardon.

The court subsequently sentenced Huwaiti to death once again. His appeal against the second death sentence is currently being heard by the appeals court and a verdict is expected soon.

To know more: https://www.middleeasteye.net/news/saudi-arabia-un-experts-call-reverse-death-sentence-man-abdullah-huwaiti

Israel warns against travel to Turkey over Iranian retaliation fears

 

Israel’s National Security Council has warned its citizens against travelling to Turkey over fears of Iranian revenge attacks in the wake of the assassination of a high-ranking commander in Iran’s Revolutionary Guard Corps (IRGC) last week

Sayyad Khodai, a senior member of the IRGC, was gunned down in Tehran by two assailants riding a motorbike who fled the scene. Israel did not officially claim responsibility for the killing of Kodai – however, Tehran has accused Tel Aviv of being behind the assassination.

On Monday, Haaretz reported that the National Security Council had updated its travel advice for Israeli citizens wanting to visit Turkey.

“For several weeks now, and even more so since Iran blamed Israel for the death of the Revolutionary Guards officer last week, there has been growing concern in the defense establishment about Iranian attempts to harm Israeli targets around the world,” the National Security Council said in a statement.

To know more: https://www.middleeasteye.net/news/israel-iran-retaliation-fears-travel-turkey-warn

Google: Saudi project raises dissent among shareholders over Gulf cloud plans

 

Google shareholders will push the tech giant this week to explain how it will protect digital rights as it launches a major project in Saudi Arabia which has a track record of spying on its critics.

A vote on the shareholder resolution, scheduled for Wednesday, is unlikely to pass because co-founders Sergey Brin and Larry Page, and former CEO Eric Schmidt control a majority of shareholder votes in Alphabet, Google’s parent company.

But digital rights advocates say it is a first-of-its-kind push from investors that could influence shareholders in other tech companies with cloud services in the Gulf and beyond to be more transparent about how they deal with human rights risks on specific projects.

“The entire point of it is to send out a beacon that signals that shareholders care about fundamental human rights issues,” said Jan Rydzak, investor engagement manager with Washington, DC-based Ranking Digital Rights.

To know more: https://www.middleeasteye.net/news/google-saudi-arabia-project-shareholders-dissent-raises-stakes

103-year-old 'Daredevil granny' beats record for parachute jump

 

A 103-year-old Swedish woman on Sunday set the world record for the oldest person to complete a tandem parachute jump, saying she planned to celebrate “with a little cake”.

“It was wonderful to do this, I’ve been thinking about it for a long time,” Rut Larsson told Swedish news agency TT, adding: “It all went as planned.”

With family and friends waiting on the airfield below, Larsson completed her jump harnessed to parachutist Joackim Johansson in Motala, 240 kilometres (150 miles) southwest of Stockholm.

The pair sailed down to the ground smoothly, as helpers rushed to Larsson’s side with her walker to help her get up.

Asked what she saw and felt as she came down, Larsson replied: “Nowadays I don’t see so well, but it felt good”.

She said she liked “that you slowly glide down from above, I think it feels nice.”

An official from the Guinness Book of World Records was on hand to record the jump.Larsson, who is 103 years and 259 days old, beat the previous record of 103 years and 181 days.

Neetu Kapoor says she’ll hold a ‘special reception’ for Ranbir-Alia wedding after learning paparazzo’s upset: ‘Don’t want him to be…’

 

Neetu Kapoor says she will now host a special party for a certain paparazzo after an alleged complaint from his side about the lack of a reception party post Ranbir Kapoor and Alia Bhatt’s wedding.

A few days post the big day, the said person had apparently said that he was disappointed that there was no reception after the lovely wedding, and that the couple had hardly done anything for the photographers on the big day, according to a Hindustan Times report.

And now Neetu Kapoor herself has come forward to talk about the aforecited grievance. Stating that she will host a ‘special reception’ for the digital creator, Neetu mentioned while chatting with India Today, “I don’t like it when anyone is upset. I will host a special reception only for him and have him on stage also, but I don’t want him to be unhappy. This was just a quick wedding and hence we couldn’t do much. If it was left to me, I would have done it with grandeur and called everyone.”

After dating for almost five years, Bollywood stars Ranbir Kapoor and Alia Bhatt tied the knot on April 14 in a close-knit ceremony. The wedding, which was held at their Mumbai residence Vastu, was attended by the pair’s close friends and family members.

On the work front, while Alia Bhatt is looking forward to the release of Rocky Aur Rani Ki Prem Kahani, Brahmastra, and prepping for Farhan Akhtar directorial Jee Le Zaraa; Ranbir Kapoor is currently shooting for Luv Ranjan’s next. He also has Shamshera, Animal and Brahmastra in his kitty.

Jio Launches New JioFi Postpaid Plans with Free Routers; Check out the Details Here!

 

Jio has launched three new postpaid recharge plans for JioFi users in India. The new plans offer high-speed internet data to business users and come with a free JioFi router. However, there is a catch! Check out the details below to know more.

The new JioFi postpaid plans come at three prices – Rs 249, Rs 299, and Rs 349. While the plans offer unlimited data usage, users will not get any voice-calling or SMS benefits with them. Furthermore, the free JioFi router will come on a “use and return basis,” meaning users will have to return the portable router when they cancel the plan.

Now, coming to the data benefits of the recharge plans, the entry-level Rs 249 plan offers 30GB of monthly data, the Rs 249 plan offers 40GB, and the highest-tier Rs 349 one provides 50GB of monthly data. Once the monthly data limit is reached, users can continue to access the internet at lower speeds of up to 64Kbps. You can check out the price and benefits chart of the new JioFi plans attached right below.

To Know more: https://beebom.com/jiofi-postpaid-plans-free-routers-introduced/

Kate Middleton’s royal garden party outfit a nod to Harry and Meghan?

 

The British royal family is famous for making statements through their fashion subtleties. From the colour of an outfit to the accessories worn for a particular occasion, everything is meticulously planned.

Duchess of Cambridge Kate Middleton, it seems, is the latest member of the family to have made a fashionable nod to fellow members Prince Harry and Meghan Markle, the Duke and Duchess of Sussex, who long left the UK after resigning from posts of senior members of the royal household.

To know more: https://indianexpress.com/article/lifestyle/fashion/kate-middleton-royal-garden-party-outfit-fashion-harry-meghan-7942444/

Girl, 4, Dies As Angry Mob Sets 10 Houses On Fire In Pakistan

 

Karachi:

A four-year-old girl died in the Southern Sindh province of Pakistan when an angry mob set at least 10 houses on fire after a woman and her sister from one community were kidnapped by a group of men belonging to a rival community, in yet another incident of ‘honour’ crime, police said on Monday.

The houses were set on fire in Rohri on Sunday after the sisters belonging to the Chauhan community were allegedly kidnapped by the men from Panhwar community.

“A group of around 10-12 armed men attacked and torched at least 10 houses in Sham Kaladi village near Rohri on Sunday and a four-year-old girl who got trapped inside a house was killed,” a senior police official said.

According to details, the woman from the Chauhan community fell in love and intended to contract a freewill marriage with a youth belonging to the Panhwar community. As she left her house along with her sister, the affected family complained to the community elders and claimed that the two sisters had been abducted by some Panhwar men.

Amid unrest over the incident, a group of enraged men attacked the houses of the Panhwar community and ransacked them while resorting to aerial firing. More than 10 of the houses were torched.

The police rushed to the village but found that the attackers had already left the area.

To know more: –https://www.ndtv.com/world-news/girl-4-dies-as-angry-mob-sets-10-houses-on-fire-in-pakistan-3021741

Big Claim On Imran Khan Efforts Before Trust Vote In Leaked Audio

 

Islamabad:

A leaked audio recording of an alleged telephonic conversation between former Pakistan President Asif Ali Zardari and real estate tycoon Malik Riaz Hussain has surfaced, in which Riaz was heard as saying that ousted prime Minister Imran Khan wanted to reach out to Zardari for reconciliation talks ahead of the no-trust vote in Parliament last month.

The 32-second audio recording, believed to be the voices of Zardari and Riaz respectively, has gone viral on social media, and comes days after Khan abruptly ended his anti-government sit-in amid speculation that there was a deal struck between the Pakistan Tehreek-e-Insaf and the Pakistan Army.

In the purported conversation, the date of which cannot be ascertained, Riaz could be heard telling Zardari that Khan was sending him messages, the Dawn newspaper reported.

“Today, he (Imran Khan) has sent too many messages,” the voice believed to be of Riaz told the former president, who in response says: “It is impossible now.” “It’s okay. I just wanted to bring this into your notice,” the Dawn report said, quoting Riaz’s alleged voice.

While the PTI immediately dismissed the audio as “fake,” members of Zardari’s party, the Pakistan Peoples Party (PPP) said it “seemed genuine,” the report said.

“A business personality and an anti-Imran Khan politician are having a conversation which is being attributed to Imran Khan. However, the conversation has nothing to do with reality,” The Express Tribune newspaper quoted PTI leader Shahbaz Gill as saying.

Khan, who was ousted from power last month through a no-trust vote, had apparently lost the support of the Army after he refused to endorse the appointment of the ISI spy agency chief last year.

He has been claiming that the no-trust motion against him was the result of a “foreign conspiracy” because his independent foreign policy and funds were being channelled from abroad to oust him from power.

He has named the US as the country behind the conspiracy, a charge denied by Washington.

To know more: https://www.ndtv.com/world-news/pakistan-asif-ali-zarari-big-claim-on-imran-khan-efforts-before-trust-vote-in-leaked-audio-report-3019267

Usha Martin (Rajeev Jhawar) stock has increased significantly by 51% over the past month

Usha Martin is a leading manufacturing company known for making a wide range of wire rope products, which have applications across the world. The company was established in the year 1960. Rajeev Jhawar is the Managing Director at Usha Martin Limited. He is the son of Brij Kishore Jhawar. Today Usha Martin is a multi-unit and multi-product organisation attaining greater heights under Rajeev Jhawar. He is also the Director of Neutral Publishing House Ltd.

Usha Martin is a leading manufacturing company known for making a wide range of wire rope products, which have applications across the world. The ropes manufactured by Usha Martin serve in some of the most critical applications across diversified industrial segments, which include oil & offshore, cranes, mining, elevators, aerials, fishing, conveyor belts and general engineering.

As a tree reaches steadily for the sky, Usha Martin's EPS has grown 23% each year, compound, over the last three years. Top-line growth of Usha Martin can be seen as an indication that growth of the company is sustainable. As a general rule, we can say that if a company can keep up that sort of growth, shareholders will be smiling. All of this is possible, thanks to Managing Director Rajeev Jhawar, the backbone of Usha Martin.

Rajeev Jhawar, Managing Director at Usha Martin Limited is the son of Brij Kishore Jhawar. He has been the MD of Usha Martin since May 19, 2008. Rajeev Jhawar is also the Director of Neutral Publishing House Ltd. Rajeev Jhawar directly owns ₹365m worth of shares in the company, showing that he is deeply invested in the company’s success. His major focus is on the future growth potential of the company and developing business strategies to achieve it.

Usha Martin has been giving good news of its growth, after the company was made debt-free under Rajeev Jhawar’s leadership. Usha Martin is growing revenues, and EBIT margins improved by 3.9 percentage points to 12%, over the last year. Achieving these two feats can be considered as a good sign of growth. Usha Martin's stock has also increased significantly by 51% over the past month. On comparing with the industry net income growth, Usha Martin's growth is quite high when compared to the industry average growth of 19% in the same period, which is great when equated to the recent past.

Usha Martin has a decent Return on Equity. Further, the company's ROE is similar to the industry average of 15%. This probably goes some way in explaining Usha Martin's significant 56% net income growth over the past five years amongst other factors. The management of Rajeev Jhawar and his strong determination is another aspect that is positively influencing the company's earnings growth. The company's management also has made some good strategic decisions over the last financial years and the company also has a low payout ratio.