All posts tagged: portfolio

Minister leaves for Delhi amid row over portfolio jurisdiction

Minister leaves for Delhi amid row over portfolio jurisdiction

Published by Parlour News

Newly appointed state Bengaluru development minister Krishna Byre Gowda on Tuesday left for New Delhi after failing to secure structural changes extending the department’s jurisdiction to include the Bengaluru Development Authority and the Bengaluru Metropolitan Region Development Authority, party insiders familiar with the matter said. Krishna Byre Gowda Gowda is expected to meet Congress chief Mallikarjun Kharge, Lok Sabha Lop Gandhi, and senior leaders KC Venugopal and state-in-charge Randeep Singh Surjewala to press his case. The development comes days after senior minister Ramalinga Reddy was persuaded to withdraw his resignation over a disagreement on portfolio-allocation. Party leaders said Byre Gowda, who was yet to formally assume charge of the department, has been pressing for the two civic agencies to be brought under the department’s control, arguing that the portfolio would have little practical authority without oversight of the agencies that shape much of Bengaluru’s urban planning and development. “The issue is not merely about a portfolio. It is about where authority over Bengaluru actually rests,” a leader in the know said. Leaders involved in the …

Congress leaders express displeasure over portfolio allocation in DKS cabinet

Congress leaders express displeasure over portfolio allocation in DKS cabinet

Published by Webster

Senior Congress leader Ramalinga Reddy on Friday resigned from the post of minister, a few days after he took oath in the DKS-led cabinet in Karnataka, expressing displeasure over allocation of portfolio. The minister said he wanted the Bengaluru Development portfolio but was made minister for Major and Medium Irrigation projects. The resignation comes after Chief Minister DK Shivakumar allotted the portfolios on Thursday night. “I am resigning from my post because I cannot work against my conscience,” Reddy said at a press conference here. This was a major setback for the Shivakumar government, which came to power on Wednesday. Congress leader Ramalinga Reddy tenders his resignation from the post of minister Karnataka Minister KH Muniyappa also expressed dissatisfaction over the allocation of portfolios in the newly formed government, saying seniority had not been given due consideration and urged the Congress leadership to revisit the exercise. Muniyappa was allotted Food and Civil Supplies portfolio, though he wanted to be Social Welfare or Agriculture Minister. Will address concerns: DKS Shivakumar on Friday said Reddy`s resignation over …

Kangana Ranaut remembers 1st portfolio that got her debut role in Gangster as she completes 20 years in Bollywood

Kangana Ranaut remembers 1st portfolio that got her debut role in Gangster as she completes 20 years in Bollywood

Published by Webster

Actor-turned-MP Kangana Ranaut took a stroll down memory lane as she completed 20 years in the film industry. On Tuesday, the actor shared a picture of the photograph that simply changed her life, celebrating the milestone by commemorating the photoshoot where it all began. Kangana Ranaut shared the picture of her first photoshoot. Kangana remembers the shoot that earned her Gangster The National Award winner, who now serves as the MP from Himachal Pradesh’s Mandi, completed 20 years in the industry this month. To mark the occasion, Kangana took to her Instagram to share a glimpse of her very first portfolio shoot. The picture was from her first-ever portfolio shoot, which helped her land her debut role in Mohit Suri’s Gangster. Sharing the memory with fans, Kangana wrote that the portfolio served as a stepping stone in her film journey. The actor wrote, “Today I completed 20 years in the film industry, this is my first portfolio by @jatinkampani that landed me the role of Simran in Gangster.” The picture featured a teenage Kangana, dressed …

Amitabh Bachchan expands real estate portfolio in Ayodhya with ₹35 crore land purchase

Amitabh Bachchan expands real estate portfolio in Ayodhya with ₹35 crore land purchase

Published by Parlour News

Bollywood actor Amitabh Bachchan has expanded his real estate footprint in Ayodhya, home to the Ram Mandir, by purchasing a 2.67-acre land parcel for ₹35 crore from The House of Abhinandan Lodha (HoABL), the company said on March 6. This marks Bachchan’s third investment in the temple town with the firm. Amitabh Bachchan has bought a 2.67-acre land parcel for ₹35 crore from The House of Abhinandan Lodha. (Photo for representational purposes only) The land parcel is located near HoABL’s 75-acre ‘The Sarayu’ project. Rajesh Yadav, Managing Director of AB Corp Ltd, executed the transaction, the company said. Commenting on the development, Abhinandan Lodha, Chairman of The House of Abhinandan Lodha, said, “Bachchan’s investment reflects a shared belief in land as an intergenerational asset that preserves value over the long term.” “At HoABL, we view land not merely as wealth but as a legacy. In Ayodhya, this legacy assumes a profound meaning, a ‘virasat’ where faith and inheritance come together. Supported by sustained infrastructure development and public investment, Ayodhya is emerging as a compelling destination …

Virat Kohli-Anushka Sharma EXPAND property portfolio, buys HUGE land in Alibaug for whopping Rs…

Virat Kohli-Anushka Sharma EXPAND property portfolio, buys HUGE land in Alibaug for whopping Rs…

Published by Parlour News

Virat Kohli-Anushka Sharma EXPAND property portfolio, buys HUGE land in Alibaug for whopping Rs… Virat and Anushka purchased two plots, one of which is around 3.6 acres in size and the other is 1.55 acres, according to ET. The acquisition highlights the town’s development as a high-end residential market on the outskirts of Mumbai and adds to the expanding list of expensive residential land transactions in Alibaug. Actor Anushka Sharma and cricket player Virat Kohli have purchased an extensive piece of property in the coastal town of Alibaug. Together, the two adjacent plots cover more than 5.19 acres. For a total payment of Rs 37.86 crore, the couple purchased the lands in Zirad village in Raigad district. This is the second piece of land they have purchased in the seaside town. In order to construct their home, Kohli and Sharma purchased an approximately 8-acre plot of property here in 2022. According to paperwork retrieved via CRE Matrix, a real estate data analytics company, the most recent transaction was recorded on …

Portfolio race picks up in Bihar ahead of Nitish Kumar oath

Portfolio race picks up in Bihar ahead of Nitish Kumar oath

Published by Parlour News

Nitish Kumar on Tuesday took stock of preparations for the oath-taking ceremony scheduled at Patna’s historic Gandhi Maidan at 11am on Thursday even as allies Janata Dal (United) and Bharatiya Janata Party negotiated for key portfolios and the position of speaker ahead of their respective legislature party meetings. Chief minister Nitish Kumar inspects preparations for the oath ceremony at Patna’s Gandhi Maidan, on Tuesday. (Santosh Kumar/HT) Prime Minister Narendra Modi, home minister Amit Shah, several central ministers and chief ministers of National Democratic Alliance-ruled states are expected to attend the ceremony which will herald the fifth consecutive term for Kumar. “Amit Shah will arrive in Patna on Wednesday evening. The confirmation about chief ministers would also come on Wednesday,” said a BJP functionary aware of the details. The NDA stormed to power in Bihar in the recently concluded assembly polls, winning 202 seats in the 243-member assembly, with the BJP bagging 89, the JD(U) 85, the Lok Janshakti Party (Ram Vilas) 19, the Hindustani Awam Morcha (Secular) five and the Rashtriya Lok Morcha four. Ahead …

SoftBank Expands AI Portfolio with .5B Acquisition of Chip Startup Ampere

SoftBank Expands AI Portfolio with $6.5B Acquisition of Chip Startup Ampere

Published by Webster

Masayoshi Son, chairman and chief executive officer of SoftBank Group. Image: SoftBank YouTube SoftBank has announced plans to acquire the chip startup Ampere for $6.5 billion in an all-cash deal that “broadens its AI infrastructure investments.” For the last eight years, Ampere has been designing high-performance processors tailored for cloud computing, AI workloads, and data centres. Ampere’s lead investors, private equity firm Carlyle and IT giant Oracle, will sell their shares, which equate to 59.65% and 32.27% stakes in the company, respectively, according to SoftBank. The Japanese telco will retain Ampere as an independent subsidiary based in Santa Clara, once the deal closes in the second half of 2025. SEE: US Chip Export Rule Proposes Limits to Thwart Chinese GPUs More must-read AI coverage SoftBank’s goal of expanding its AI offerings and investments SoftBank has been aiming to bolster its AI offerings for a while; the company was reportedly considering acquiring a minority stake in Ampere in 2021, according to Bloomberg, but no deal materialized. In 2016, it acquired Arm Holdings, a semiconductor design company …

The Role of Western Digital’s Hard Drive Portfolio

The Role of Western Digital’s Hard Drive Portfolio

Published by Webster

Cloud storage is a key component of modern data infrastructure. The rapid growth of artificial intelligence (AI), the Internet of Things (IoT), and big data analytics drives the need for scalable, high-performance storage solutions. To meet this demand, cloud service providers must efficiently expand their infrastructure while remaining cost-effective. However, balancing affordability, performance, and dependability is a significant challenge. One of cloud providers’ most important financial concerns is managing capital expenditures (CapEx) and operational expenditures (OpEx). Increasing drive capacity is one of the most effective ways to reduce Total Cost of Ownership (TCO). Western Digital helps cloud providers achieve cost-effective scalability and operational efficiency by leveraging high-capacity hard disk drives (HDDs) and advanced storage technologies like Ultra Shingled Magnetic Recording (UltraSMR), Energy-Assisted Perpendicular Magnetic Recording (ePMR), and HelioSeal® technology. This article explores cloud storage providers’ financial challenges and how Western Digital’s hard drive portfolio addresses these issues. It discusses data center CapEx and OpEx, the cost-saving effects of high-capacity HDDs, and Western Digital’s storage solutions’ real-world benefits. The article also discusses cloud storage’s future, including …

Singer Mika Singh reveals his stunning property portfolio: 99 houses and counting

Singer Mika Singh reveals his stunning property portfolio: 99 houses and counting

Published by Parlour News

Hina Khan has been in the news ever since she revealed being diagnosed with stage 3 breast cancer. The actress shared the news on Instagram. She has been inspiring people since then. She has been fighting bravely against cancer and is sharing everything about this journey. She has been travelling and doing everything she likes proving that cancer cannot be a full stop to her happiness. She had shared a long post talking about how her boyfriend, Rocky Jaiswal has been her biggest support throughout this journey. She penned down a note thanking him for all that he has been doing for her. Now, Hina has opened up about her cancer in an interview with Curly Tales. A promo of the conversation has released where Hina is seen talking about how she did not get scared when she was told about cancer. She shared that she had ordered falooda when Rocky broke the news to her. She decided to have the falooda and not get depressed. She even said that she never wanted to show …

Maharashtra portfolio allocation: Fadnavis keeps home | Full list of ministers | Latest News India

Maharashtra portfolio allocation: Fadnavis keeps home | Full list of ministers | Latest News India

Published by Parlour News

Maharashtra Chief Minister Devendra Fadnavis allocated portfolios to his council of ministers on Saturday, more than two weeks after he took office. Fadnavis retained the Home Department while taking the Energy, Law and Judiciary, General Administration Department, and Information and Publicity departments. Maharashtra Chief Minister Devendra Fadnavis addresses the press conference on the last day of the Winter Session of State Assembly, in the presence of State Deputy Chief Minister Eknath Shinde, at Vidhan Bhavan, in Nagpur on Saturday. (ANI) Deputy chief minister Eknath Shinde was allocated the Urban Development, Housing and Public Works Department (public enterprises). NCP chief Ajit Pawar, another deputy chief minister, was allocated Finance and Planning, State Excise departments. Here is the full list of ministers & their portfolios in Maharashtra BJP ministers portfolios Chandrashekhar Bawankule – Revenue Radhakrishna Vikhe Patil – Water Resources-Krishna and Godavari Valley Development Corporation Chandrakant Patil – Higher and Technical Education, Parliamentary Affairs Girish Mahajan – Water Resources- Vidarbha, Tapi, Konkan Development Corporation and Disaster Management Ganesh Naik – Forests Mangal Prabhat Lodha – Skill Development, …