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Oracle CEO Mark Hurd says F1 students should be allowed to work

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Mark Hurd
Mark Hurd

Oracle’s chief executive Mark Hurd wants to know why the U.S. government won’t embrace foreign students as part of the nation’s workforce.

REDWOOD SHORES, Calif. (Diya TV) — As fears mount further over the possibilities of the U.S. government tightening visa guidelines, Oracle’s chief executive Mark Hurd said if the government allows immigrant students into the country, it should embrace immigrant workers to drive the nation’s growth.

“We have been very supportive to immigrants. They are studying in some of the best schools in the country. We let them come and learn here. Why won’t we let them work here?” he asked during a recent meeting at the company’s headquarters, which was attended by international members of the media.

“We have many talented engineers at U.S. universities. They have come from some place other than the U.S. We would like to hire them. We are doing a lot of R&D here at the campus. We want growth and need talented people to spur innovation,” Hurd said during a recording of the ‘Recode Decode Podcast’.

According to Hurd, Oracle have more than $50 billion invested overseas. That’s money the company would prefer to spend in America, he said.

“Let us say via repatriation. We have our money overseas to the tune of $50 billion. We need that back and invest here to drive growth,” he said.

As part of his proposed tax reforms, President Donald Trump has considered a one-time repatriation tax on overseas cash brought back which is expected to be mandatory. According to reports published Monday, Apple have a total overseas investment of $216 billion, Google have invested $48 billion of its own outside of the U.S.

“My top job is to see Oracle compete, innovate and win against all odds,” Hurd said on the podcast.

India is home to Oracle’s second-largest foreign workforce, the nation accounts for the company’s largest research and development investment of any other nation abroad.

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India may offer to cut import duties, for U.S. goods

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India

NEW DELHI (Diya TV) — India has a road map in place to spend $130 billion over the next 5-7 years to modernize their armed forces and bolster their combat capabilities over their neighbors. The plan includes procurement of a slew of weapons, missiles, air defense systems, fighter jets, submarines and developing infrastructure for use of AI.

Meanwhile, India and Russia are increasing industrial cooperation and will create new technological and investment partnerships, especially in high-tech, with the goal to increase bilateral trade to $30 billion by 2025.

And to help Indian’s space agency ISRO establish a communication link with Vikram, the moon lander lying motionless on the lunar surface, NASA is sending hello messages. NASA’s Jet Propulsion lab beamed a radio frequency to Vikram to establish contact, but no luck so far.

Ravi Kapur contributed to this report.

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FBI: Amity CEO Ridhima Singh, others accused of major healthcare fraud

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Amity

SAN FRANCISCO (Diya TV) — The FBI says, CEO Ridhima Singh of Amity Home Health Care is among the 28 people, that include doctors and nurses, accused in the scheme. Federal prosecutors charged the Bay Area’s largest home health care provider, Amity Home Health Care, with involvement in a kickback scheme that led to $115 million in tainted claims. The complaint said medical professionals received $8 million worth of bribes disguised as payroll, phony medical directorships, reimbursements, entertainment or gifts, in what the Department of Justice said was simply “a cash for patients scheme.”

The man accused of stabbing and killing 62 year old Parmjit Singh in Tracy made his first court appearance. 21 year old Anthony Kreiter-Rhoads of Tracy pleaded not guilty of homicide during his arraignment. Police are still investigating the motive behind the crime.

And Priyanka Chopra & her husband Nick Jonas were named by People Magazine as their pick for ‘Best Dressed of the Year.’

Ravi Kapur contributed to this report.

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Tanmanjeet Singh Dhesi blasts Boris Johnson for ‘racist remarks’

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Tanmanjeet Singh Dhesi

LONDON (Diya TV) —  In London, the first-ever Sikh Member of Parliament, Tanmanjeet Singh Dhesi, received a round of applause from his colleagues after demanding an apology from British Prime Minister Boris Johnson for making “derogatory and racist remarks” on Muslim women wearing burqas. Johnson rebuffed the claim and did not respond to the statement directly.

Mountain View Police arrested 50 year old Reenu Saini and her four friends for allegedly staging a home invasion to evict tenants from her investment property. When that didn’t work, police say the group shut off the home’s power and tried to open the door.Saini is charged with attempted robbery, burglary of an inhabited dwelling, conspiracy to commit a crime and unlawfully shutting off power to a home

Judge Raag Singhal was nominated to serve as a judge on the U.S. District Court for the Southern District of Florida. And Jones Day partner Shireen Matthews was nominated to serve as Judge on the U.S. District Court for the Southern District of California.

And Silicon Valley AI analytics startup Thoughtspot, which is led by CEO Sudheesh Nair and founded by a group of Indian Americans, raised $248 million at a $1.95 billion valuation.

Ravi Kapur contributed to this report.

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