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MasterCard CEO Ajay Banga appointed to AIF co-chair

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NEW YORK (Diya TV) — MasterCard CEO Ajay Banga has been appointed to fill the vacancy as co-chair of the American India Foundation (AIF), a functioning non-profit organization dedicated to accelerating social and economic change in India.

“Ajay Banga, President and Chief Executive Officer of MasterCard, has graciously accepted our invitation to join the AIF Board of Directors and has further agreed to serve as a co-chair of the Board, bringing immense experience and passion in US-India relations and business,” Lata Krishnan, co-founder and co-chair of the AIF said in a statement.

Kirshnan further opined that Banga’s talents were recognized as something which could help propel the AIF into their next phase of development.

“Ajay Banga is a singular talent whose personal and professional strengths promise to catalyze AIF to a whole new level,” Kirshnan said. “We are deeply grateful for Ajay’s friendship and look forward to his contributions in strengthening AIF’s presence in the U.S. and India.”

In addition to his role at MasterCard, Banga is also a member of President Barack Obama’s Advisory Committee for Trade Policy and Negotiations. Additionally, he recently completed the longest tenure of any chairman, while serving US-India Business Council, and is also a member of the US-India CEO Forum.

Shortly before his announced appointment, Banga was honored by the President of India, when he was selected for the Padma Shri. “Look forward to working with Lata and the entire AIF team as they continue to drive social and economic inclusion in India and build an even stronger bridge between the United States and India,” Banga said of his appointment.

“I’ve seen the impact organisations like this can have on empowering individuals to live more productive lives. With the current pace of change, it’s an exciting time to be joining this group,” he added.

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Missing Hindu woman found mutilated in Pakistan

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SAN FRANCISCO (Diya TV) – The mutilated body of a Hindu woman was found in a field in southeastern Pakistan. Police say 40 year old Daya Bheel was murdered in the latest suspected attack against minorities in the Muslim-majority country. Authorities say they have arrested some suspects but have not determined a motive.

The Khosla family has donated nearly 2 million dollars to the Nudge Institute to help fight poverty. The philanthropists have donated millions of dollars for many other causes.

And disgraced FTX founder Sam Bankman-fried pleaded not guilty to eight different counts of wire fraud, securities fraud, and conspiracy before a U.S. federal court in the Southern District of New York. U.S. prosecutors allege that under Bankman-Fried’s direction, FTX, once considered one of the largest and most-trusted cryptocurrency exchanges, transferred billions in customer assets to his trading firm, Alameda Research. If convicted of these charges, Bankman-Fried faces up to 115 years in prison.

Ravi Kapur contributed to this report.

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Christmas crash kills Indian American toddler

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Tragic news out of Nevada. Authorities say an Indian American toddler has died in a devastating Christmas day car crash and his mother is in critical condition fighting for her life. Authorities say the accident happened on a busy Las Vegas boulevard and they were returning home from a trip in California.

Anil Beephan is now the first Indian American Republican ever to be elected to the New York State Assembly in Albany. So far only Indian American Democrats have been elected to the state legislature. Beephan will also become the first minority to represent Dutchess County and at 29 years old, he’s the youngest GOP rep in the state legislature. He’s currently in the tech industry and has also worked as a volunteer firefighter.

Vice President Kamala Harris has named Indian American Rajeev Badyal to a key national advisory group, responsible for strategy and recommendations to improve and maintain space policy. Badyal already works for Amazon, helping launch satellites into orbit. 

Ravi Kapur contributed to this report.

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EXCLUSIVE: Warriors host first-ever Bhangra Night

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SAN FRANCISCO (Diya TV) – The Golden State Warriors first-ever Bhangra Night made its debut during the Warriors-Jazz game at the Chase Center in San Francisco. The Warriors say it’s a chance for the team to connect with the Bay Area’s rapidly growing South Asian community and fan base. Only Diya TV was on hand to capture the festivities. This change from the annual Bollywood night was supposed to take place in 2020 but was postponed because of the pandemic.

A federal jury in San Francisco has convicted Sivannarayana Barama of insider trading. Authorities say he used the quarterly financial performance of Palo Alto Networks before that information was released to the public and then traded in that company’s stock while that information was still confidential. Barama worked in IT for several Silicon Valley companies.

U.S. Border Patrol caught more than 4000 Indians illegally crossing the Mexico border in October and November. That’s more than double compared to the same time frame last year. An Indian man recently died climbing a border wall in Texas. The Biden administration is struggling to contain a surge of illegal immigration at the southern border.

Ravi Kapur contributed to this report.

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