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Wabag inks agreement with Asian Development Bank to raise Rs 200 cr

Water technology player VA Tech Wabag on Friday said it has signed an agreement with Asian Development Bank (ADB) to raise Rs 200 crore through unlisted non-convertible debentures (NCDs) carrying a 5-year and 3-month tenor. This NCD will be subscribed by ADB over a 12-month period, Wabag said in a statement. … Read more

8 Celebs Represent At The Asian Pacific Islander Excellence Celebration

Last Thursday, a bunch of Asian and Pacific Islander celebrities — from Hasan Minhaj and Simu Liu to Deepti Vempati and Jessica Henwick — attended the Asian Pacific Islander Excellence Celebration, an event hosted by Netflix, the Hollywood Reporter, and Gold House to commemorate the API community’s 2022 successes. And it seems like almost every … Read more

Moscow’s presence hangs over Asian talks

“I pointed out that Russia’s actions were causing enormous human toll, that it was an illegal invasion that was having an impact on the people of Ukraine. But also it was a breach of the international rule of law, and that it was having economic consequences and rising costs of inflation, through energy prices throughout … Read more

Racism affects 40% of Asian New Zealanders since Covid-19 pandemic onset

Science Media Centre Asians are facing discrimination in Aotearoa since the pandemic began, with students, migrants and those living rurally most affected. Forty percent of Asian Kiwis have experienced racism since the start of the Covid-19 pandemic, according to researchers at the University of Auckland. The paper, published in the New Zealand Medical Journal on … Read more

Sunak is Britain’s first Asian prime minister but this diversity success was no accident

But one of the unforeseen consequences has been, for the first time in Britain’s history, the rapid promotion of ministers from non-Anglo backgrounds into the four Great Offices of State. First, it was Sajid Javid as home secretary in 2018, then Sunak into treasury in 2020 followed this year by James Cleverly into the foreign … Read more

Qasim Sheikh commends new Cricket Scotland partnership with South Asian Cricket Academy as ‘a massive step forward’ | Cricket News

Qasim Sheikh has commended Cricket Scotland’s new partnership with the South Asian Cricket Academy (SACA). Sheikh helped set up the project to address inequalities and increase British South Asian participation and representation in the sport. Earlier this year an independent review found Scottish cricket’s governing body to be institutionally racist. Former player Qasim Sheikh spoke … Read more

How a Star Wars-loving son of a GP became Britain’s first PM of Asian heritage

Sunak’s upbringing was quintessential young Tory and he would continue to follow the familiar path of prospective Cabinet ministers, heading to Lincoln College, Oxford and studying politics, philosophy and economics. Yet, at this stage, it appeared that he showed little interest in getting personally involved in politics. Where Sunak’s predecessors in Downing Street signed up … Read more

Rishi Sunak to become country’s next leader, first PM of Asian descent

“That we’re united behind the policy and now cannot afford the indulgence of division over personality.” Rishi Sunak and his wife Akshata Murthy at an event in February 2022.Credit:Getty “He said we have one chance. It is unite or die,” the MP said. It is a monumental turnaround for the former chancellor who quit Boris … Read more

Asian Paints Q2 results: Net profit rises 31% to Rs 783 cr, sales up 18.8%

Asian Paints’ net profit increased 31.3 per cent year-on-year (YoY) to Rs 783 crore in the quarter ended September thanks to price increases and strong demand in the domestic decorative business. The paint major’s net sales also rose 18.8 per cent to Rs 8,431 crore YoY. “The domestic decorative business showed … Read more

Asian Paints announces Rs 2,400-cr capex plans for two manufacturing units

Asian Paints on Thursday announced Rs 2,100 crore of phased investment to set up a new plant to produce vinyl acetate ethylene emulsion (VAE) and vinyl acetate monomer (VAM) in the country. The company also announced another Rs 550 crore of investment to set up a white cement plant in the UAE … Read more