Delhi high court sets aside Centres order revoking OCI status of Ashok Swain

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The Delhi high court on Monday set aside an order by the Centre revoking the Overseas Citizenship of India (OCI) status of Sweden-based academic Ashok Swain. HC said the February 2022 order of the central government “does not give any reasons” and “hardly gives any indication of application of mind”.

from NRI - The Times of India https://ift.tt/WRE3gIw

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US President Biden nominates Indian American global venture capitalist to IDFC Board

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President Joe Biden has nominated prominent Indian-American global venture capitalist Deven Parekh as a member of the Board of Directors of the International Development Finance Corporation, a development finance institution and agency of the US government. Parekh, the managing director at software investment firm Insight Partners, was nominated for the post last week. His nomination will be for a period of three years, the White House said in a press release on Friday. By statute, the US International Development Finance Corporation (DFC) Board of Directors includes four members recommended to the President from Senate and House leadership. from NRI - The Times of India https://ift.tt/qzhu5ON
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