All posts tagged: OCI

Oracle’s AI Data Center Funding Tests OCI Delivery Timelines

Oracle’s AI Data Center Funding Tests OCI Delivery Timelines

Published by Webster

Oracle’s AI infrastructure expansion is being financed through several channels: company debt and equity, customer-supplied hardware, and multibillion-dollar project loans tied to new data centers. That funding mix is helping Oracle pursue record cloud demand, while enterprise customers evaluating future capacity still need clarity on construction schedules, utility approvals, and contract terms. The company ended fiscal 2026 with $638 billion in remaining performance obligations, or contracted revenue expected to be recognized later. Oracle also reported negative $23.7 billion in free cash flow after heavy cloud infrastructure investment and said it expects to raise about $40 billion through debt and equity financing in fiscal 2027. How Oracle is funding the buildout Oracle’s fiscal 2026 results show the scale of its financing plan. It raised $43 billion in debt and $5 billion in equity during the year. The spending push has also accompanied a broader restructuring around AI and cloud infrastructure. Prepaid or customer-supplied hardware tied to large AI contracts totaled $75 billion, Oracle said, reducing the amount it must spend on GPUs. That support does not …

AIFF leaves Indian striker call to clubs, clears OCI confusion

AIFF leaves Indian striker call to clubs, clears OCI confusion

Published by Webster

The All India Football Federation (AIFF) said on Wednesday it will not force clubs in the Indian Super League (ISL) and Indian Football League (IFL) to keep an Indian striker on the field for the entire match, reversing what it stated after its June 20 Special General Body Meeting. “We are leaving it to the clubs,” said AIFF general secretary M Satyanarayan in a press conference where the AIFF announced an agreement to hand over the ISL’s commercial rights to the 14 clubs that play in the league. “The stronger the league, the better the Indian team. The clubs are also aware that one of our Achilles’ heels has been the lack of a good striker. Hopefully, they will help in that.” “But this is not something we can implement. We cannot tell (the clubs) to play a No. 9 because, ultimately, it is for the coach (to decide). Every match, the coach’s tactics may differ; in some, (the striker) may remain for the entire match, in some they won’t. So it is very difficult …

British academic Nitasha Kaul says her OCI registration cancelled

British academic Nitasha Kaul says her OCI registration cancelled

Published by Parlour News

British academic Nitasha Kaul said the Indian government has cancelled her Overseas Citizen of India (OCI) registration. File | Photo Credit: Special Arrangement British academic Nitasha Kaul said on Monday (May 19, 2025) that the Indian government has cancelled her Overseas Citizen of India (OCI) registration for indulging in “anti-India activities” through “writing, speeches and journalistic activities at various international forums and social media platforms”. She said that she will pursue legal remedies and will challenge the cancellation in court. Ms. Kaul, a British Kashmiri professor of Politics and International Relations at London’s University of Westminster, was denied entry into India on February 25, 2024 when she was invited by the Karnataka government to participate in an event. A few months after she was deported to the U.K., in May 2024 she received a show-cause notice as to why her OCI registration should not be cancelled. “I responded to the show-cause notice within 15-days with a 20,000 word letter. The show-cause notice made broad-based wide-ranging allegations, the same as the cancellation notice. It did not …

Amit Shah unveils revamped OCI portal to boost services for global Indian community

Amit Shah unveils revamped OCI portal to boost services for global Indian community

Published by Webster

Amit Shah launched a revamped OCI portal aimed at enhancing digital services and user experience for the global Indian diaspora. New Delhi: Union Home and Cooperation Minister Amit Shah on Monday inaugurated a newly revamped portal for Overseas Citizen of India (OCI) cardholders, marking a major stride in modernising digital services for the Indian diaspora. Developed by the Ministry of Home Affairs (MHA), the upgraded portal is aimed at streamlining and improving the user experience for millions of OCI cardholders around the world. Officials say the overhaul addresses several shortcomings of the previous platform and incorporates features designed to meet the evolving digital expectations of global users. “In view of the remarkable technological progress over the past decade and consistent feedback from OCI cardholders, the government has launched a new OCI portal to offer an enhanced, efficient and user-friendly experience,” the MHA said in a statement following the launch in the national capital. The OCI card grants individuals of Indian origin, who have taken foreign citizenship, certain privileges in India such as visa-free entry and …

Football and tennis in focus as Sports Ministry considers lifting ban on OCI athletes

Football and tennis in focus as Sports Ministry considers lifting ban on OCI athletes

Published by Webster

The Indian Sports Ministry is considering a potential revocation of the long-standing ban on Overseas Citizens of India (OCI) card-holders representing the country in international sports. Introduced in 2008, the current regulation allows only Indian passport-holders to officially play for the nation. This possible policy shift comes amid concerns over India’s lack of progress in sports like football and tennis, where overseas-based athletes of Indian origin have often been unable to contribute due to passport restrictions, as per PTI. The idea behind reconsidering the ban is to strengthen India’s sporting ecosystem by opening the doors for more global talent with Indian roots. The proposal is still in its early stages. According to a ministry official, any change would require extensive discussions between all involved stakeholders and is likely to be a gradual process. The All India Football Federation (AIFF) has shown particular interest in the move, even though there are currently no high-profile OCI players ready to be drafted into the national team. The aim is more long-term — to ensure that promising footballers of …

Ministry Musings: BCCI Wants To Adopt Olympic Sports; Government Mulling Approval To OCI Athletes

Ministry Musings: BCCI Wants To Adopt Olympic Sports; Government Mulling Approval To OCI Athletes

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The BCCI is “keen on adopting two to three Olympic disciplines” in the sports ministry’s ambitious plan to have corporate-backed individual Centres of Excellence, the work for which will begin this year. This was conveyed by the cash-rich cricket body in a meeting with sports minister Mansukh Mandaviya in New Delhi on Thursday. The gathering also featured “representatives from 58 corporate houses”. “Mr Rajeev Shukla, who represented the BCCI in this meeting, said that the Board is willing to adopt two to three Olympic disciplines and would leave it on the ministry to decide what those disciplines would be,” a source in the sports ministry said. “The ministry welcomes this. Our plan is to build Olympic Centres for each sport, which would train 100 to 200 of the very best in the country keeping in mind the current and the next Olympic cycle. “There were 58 corporates in today’s meeting and all of them were keen to support this plan,” the source added. Currently, India has 23 National Centres of Excellence operated by …

IIT-JEE Advanced 2025 registration begins for foreign nationals, OCI and PIO candidates | Education News

IIT-JEE Advanced 2025 registration begins for foreign nationals, OCI and PIO candidates | Education News

Published by Parlour News

IIT JEE Advanced 2025 Registration: The application process for the JEE Advanced 2024 has started on April 7 for foreign national candidates including OCI and PIO candidates at the official website — jeeadv.ac.in. The registration link will remain open till May 2 for all candidates. JEE Main 2025 April 7 Paper Analysis LIVE Updates JEE Advanced online registration begins for JEE (Main) qualified candidates will begin on April 23 from 10 am onwards. JEE Advanced 2025 Registration: Who all can apply? — Foreign national candidates— Candidates whose OCI/PIO card was first issued subsequent to 4th March, 2021.— Candidates whose OCI/PIO card was first issued before 4th March, 2021 and wish to be considered as foreign nationals. JEE Main Rank Predictor  Story continues below this ad The last date for fee payment is May 5, up to 5 pm. A fee of Rs 3,200 will be applicable. For females and reserved category candidates, the application fee is Rs 1,600. JEE Advanced 2025 will be held on Sunday, May 18, 2025 and the result is expected by …

‘Game-changer’ OCI for Indian football policy in works: Kalyan Chaubey

‘Game-changer’ OCI for Indian football policy in works: Kalyan Chaubey

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All India Football Federation president Kalyan Chaubey on Thursday said they are actively working on policies to integrate Overseas Citizens of India (OCI) players into the national team setup, acknowledging the ongoing struggle to find a top-quality striker. He also described the move could be a potential “game-changer” for Indian football. 🚨 #news | ‘Game-changer’ Overseas Citizens of India (OCI) move for Indian football?🚨 👉All India Football Federation president Kalyan Chaubey on Thursday said they are actively working on policies to integrate Overseas Citizens of India (OCI) players into the national team… pic.twitter.com/XP5RcsO4EA — The Bridge (@the_bridge_in) March 20, 2025 One of the biggest challenges for Indian football remains the lack of a reliable striker, with the national team still dependent on 40-year-old forward Sunil Chhetri. “We are making efforts to create a policy framework that allows us to utilise the talent of overseas Indian-origin (OCA) players,” Chaubey told PTI on the sidelines of the Khelo India Para Games 2025 in New Delhi. He stated that several countries have already done this. “Until we establish …

French Journalist Vanessa Dougnac After Row Over OCI Card

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Vanessa Dougnac was South Asia Correspondent for French publications La Croix and Le Point in India. New Delhi:  French journalist Vanessa Dougnac on Saturday left India saying she cannot afford to wait for the outcome of the legal process set in motion in the wake of a notice issued to her by the government regarding cancellation of her Overseas Citizen of India card. “Today, I am leaving India, the country where I came 25 years ago as a student, and where I have worked for 23 years as a journalist. The place where I married, raised my son, and which I call my home,” Dougnac, the South Asia Correspondent for French publications La Croix and Le Point, Swiss newspaper Le Temps and Belgian daily Le Soir, said in a statement. Last month, the Foreigners Regional Registration Office served a notice on Dougnac asking why her OCI card should not be cancelled, claiming she was “undertaking journalistic activities without any special permission as required under Citizenship Act 1955 and rules/regulations issued thereunder”. She said leaving India …

Law panel recommends compulsory registration of NRI, OCI marriages in India | Latest News India

Published by Parlour News

All marriages between Non-Resident Indians (NRIs) or Overseas Citizens of India (OCIs) and Indian citizens should be compulsorily registered in India, the Law Commission recommended to the Union government on Friday. In November, the ministry of external affairs requested the Law Commission to review and enhance regulations for marriages involving NRIs and Indian citizens, addressing issues like partner abandonment, particularly of brides. (HT File) In a report titled “Law on Matrimonial Issues Relating to Non-Resident Indians and Overseas Citizens of India” to the law ministry, panel chairman justice (Retd) Ritu Raj Awasthi expressed concerns over the “rising” cases of fraudulent marriages between NRIs and Indian citizens, and recommended a comprehensive law to deal with such matters. Discover the thrill of cricket like never before, exclusively on HT. Explore now! According to the Union home ministry, an NRI refers to an Indian citizen who is ordinarily residing outside India and holds an Indian passport. The ministry of external affairs defines an OCI as a person of Indian origin (PIOs), who were citizens of India on January …