logo
TOI Bharat Abroad: Pichai's Payday, Pelosi's Challenger, Mamdani's Bash

TOI Bharat Abroad: Pichai's Payday, Pelosi's Challenger, Mamdani's Bash

Time of India3 days ago
Bharat in your inbox — every week. News, views, and stories that matter to the global Indian.
This week in TOI Bharat Abroad: Sundar Pichai joins the billionaire club after a decade steering Google; Saikat Chakrabarti takes on the Democratic establishment with a direct challenge to Nancy Pelosi; and New York mayoral candidate Zohran Mamdani throws a secretive, star-studded wedding in Uganda that felt part Bourne, part Bollywood.
THE BIG STORY
Sundar Pichai enters billionaire club after decade at Google's helm
Sundar Pichai, CEO of Alphabet, has officially joined the billionaire ranks with a net worth of $1.1 billion, per Bloomberg — a rare feat for a non-founder in Silicon Valley.
Why it matters:
Pichai's rise marks a shift in tech's power structure, where operational leadership now rivals founder mythos. With just 0.02% ownership in Alphabet, he built his fortune through over $650 million in stock sales and bonuses, not equity windfalls.
Driving the news:
Alphabet's market value has surged by over $1 trillion since early 2023, fuelled by record AI infrastructure investment under Pichai's leadership. In 2025 alone, Alphabet will spend $85 billion on AI. YouTube and Google Cloud now earn more annually than all of Alphabet did when Pichai became CEO in 2015.
Born in Tamil Nadu and educated at IIT Kharagpur and Stanford, Pichai's journey — from a two-room home to the helm of a trillion-dollar company — represents a new kind of tech success: quiet, global, and relentlessly effective.
Read article.
NRI Watch
Saikat Chakrabarti takes on Dem Godmother
Indian-origin political organiser Saikat Chakrabarti — best known as AOC's ex-aide and Justice Democrats co-founder — is taking on Speaker Emerita Nancy Pelosi in California's 11th District. His 'Mission for America' campaign blends climate action, jobs, and economic reform, and rejects all corporate PAC money. Born to Bengali parents in Texas, Chakrabarti is challenging what he sees as a complacent Democratic establishment post-Trump's re-election. Pelosi remains the favourite, but Chakrabarti's candidacy signals a deeper generational battle within the party — and a rare desi voice in the heart of America's progressive insurgency.
Read article.
Offbeat
A Big Fat Ugandan Wedding
New York mayoral candidate Zohran Mamdani's three-day wedding in Uganda made waves for its secrecy and scale. Held at his family's estate in Kampala's upscale Buziga Hill, the event featured armed guards, masked security, phone jammers, and luxury convoys.
Mamdani, 33, born in Uganda and raised in New York, married artist Rama Duwaji in February but hosted the formal bash recently. Guests partied under tree canopies lit with fairy lights, overlooking Lake Victoria.
The estate, owned by his parents—filmmaker Mira Nair and scholar Mahmood Mamdani—became a fortress, with over 20 guards and military-style tents. The celebration ended Friday night with a quiet teardown and no official comment from the couple.
Read article.
In the News
Did you know?
SPOTLIGHT
Infographic
Facebook Twitter Linkedin Email Disclaimer
Views expressed above are the author's own.
Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

AI, Ethics, and Big Data: Key Themes at the LAQSA's IIQC 2025 Delhi edition
AI, Ethics, and Big Data: Key Themes at the LAQSA's IIQC 2025 Delhi edition

Economic Times

time8 minutes ago

  • Economic Times

AI, Ethics, and Big Data: Key Themes at the LAQSA's IIQC 2025 Delhi edition

The Indian Institutional Quant Conference (IIQC) 2025, hosted at Taj City Centre in Gurugram, marked a defining moment for India's data-first investing movement. ADVERTISEMENT Organised by LAQSA (Lambda Quantitative Strategies Association), the Delhi edition of the conference brought together an eclectic mix of thought leaders, policy experts, economists, technologists, and quant professionals to explore how data-driven strategies are reshaping the future of Indian finance and policymaking. With the theme focused on the intersection of quantitative research, technology, and regulation, the one-day conference offered a rich mix of expert panels, fireside chats, and research-driven presentations. LAQSA's mission to promote the science behind market strategies was on full display, with a meticulously curated agenda that reflected both the maturity and the momentum of India's evolving quant of the standout moments of the day unfolded during a mid-morning discussion featuring eminent voices such as Dr. S.N. Ghosh (DEA-AJNIFM, Ministry of Finance), Dr. T.C.A. Anant (Ex-Chief Statistician of India, Ex-Secretary, MOSPI), and Arvind Mathur (Advisor & Mentor, NDA; Ex-ADB). Moderated by Pankaj Mani (LAQSA, WILMOTT), the panel tackled the complex relationship between data reliability, economic governance, and regulatory effectiveness. ADVERTISEMENT The discussion struck a chord by highlighting how the robustness of statistical systems directly influences market confidence and policy Kohli, Co-Founder of LAQSA, added, 'We're delighted with the overwhelming participation and spirit of discovery at this year's IIQC Delhi Edition. Each session illuminated new frontiers in systematic thinking and reinforced the power of community in shaping the future of quant in India.' ADVERTISEMENT As the day progressed, conversations turned toward the implications of emerging technologies. A thought-provoking fireside chat between Prof. Arun Kumar of JNU and Prof. Shanta Laishram from the Indian Statistical Institute examined the ethical dimensions of AI in finance—particularly its environmental impact and its potential to widen systemic inequalities if left unchecked. Later sessions featured insights from family offices, hedge fund managers, and fintech innovators, who delved into cutting-edge strategies such as long-short models, high-frequency trading, and alternative investment frameworks. ADVERTISEMENT These discussions reflected not only a growing sophistication in India's financial toolkit but also a strong appetite for experimentation with systematic and algorithmic Mani, Co-Founder of LAQSA, remarked, 'The Delhi Edition of IIQC underscored our commitment to cultivating innovative thinking and collaboration within the quant community. This vibrant gathering brought together domain leaders, educationists, researchers, and enthusiasts, fueling deeper conversations and actionable insights to push boundaries in data-driven domains.' ADVERTISEMENT As India's financial markets continue to evolve amidst global volatility and increasing complexity, the IIQC serves as more than just an industry meet—it is becoming a vital crucible for new ideas and disciplined LAQSA at the helm, the message is clear: quantitative strategies are not just a fleeting trend, but a foundational pillar of India's modern financial architecture. Also read | 8th Pay Commission: What Rs 3 lakh crore boost for government employees mean for stock market investors The future, as IIQC 2025 reaffirmed, will be written in data—and shaped by those bold enough to decode it. (Disclaimer: Recommendations, suggestions, views, and opinions given by experts are their own. These do not represent the views of the Economic Times) (You can now subscribe to our ETMarkets WhatsApp channel)

LiHi Smart Batteries Drive the Push for Drone Tech Independence in India
LiHi Smart Batteries Drive the Push for Drone Tech Independence in India

Business Standard

time8 minutes ago

  • Business Standard

LiHi Smart Batteries Drive the Push for Drone Tech Independence in India

VMPL New Delhi [India], August 2: LiHi Smart Batteries, a subsidiary of AKSI Aerospace Group, showcased its indigenously developed lithium battery solutions for drones at the 6th International Drone Expo held at Pragati Maidan, New Delhi. The company's participation highlights its commitment to powering India's drone future through homegrown energy solutions built for Indian environments and mission requirements. LiHi's advanced battery packs, available in various customized configurations, are designed to meet the growing needs of drone manufacturers across Agriculture, Surveillance, Industrial Solutions, Logistics, and Defense. At the core of LiHi's offering is its smart Battery Management System (BMS), which ensures Optimal charge distribution, Thermal safety, and Cell balancing--delivering Superior flight endurance, Performance consistency, and Operational safety. "Imported battery systems are often not optimized for India's diverse climate and usage demands," said Praveena Kokrady, COO, LiHi Smart Batteries. "Our batteries are tested and proven to operate reliably in sub-zero conditions in Ladakh and dust-heavy environments of Rajasthan, which gives Indian drone OEMs a serious performance edge. That level of resilience is difficult to find in off-the-shelf foreign systems." The push for self-reliance in the drone industry goes beyond final assembly. For India to be truly independent in unmanned aerial systems, it must build and own the critical subsystems--including batteries, BMS, motors, autopilots, and composite frames. LiHi's batteries are manufactured entirely at AKSI Aerospace's 50,000 sq. ft. facility in Hyderabad, offering full control over design, testing, and customization. By replacing dependency on imported power systems, LiHi empowers Indian manufacturers to secure their supply chains, reduce costs, and comply with evolving defence procurement standards favoring indigenization. "Battery and BMS systems are the nerve center of drone performance," said Pankaj Akula, Managing Director of AKSI Aerospace Group. "At AKSI, our vision is to develop all Critical drone Subsystems in-house--from power to flight control--so India's drone ecosystem can scale confidently and independently. LiHi is a key pillar of that mission." As drone adoption accelerates across sectors, the role of reliable, locally engineered battery systems becomes more critical than ever. LiHi Smart Batteries is proud to power that change--one flight at a time.

Google Pixel 10 Pro XL 5G vs Pixel 9 Pro XL 5G: Expected upgrades, features, price, and more
Google Pixel 10 Pro XL 5G vs Pixel 9 Pro XL 5G: Expected upgrades, features, price, and more

Hindustan Times

time8 minutes ago

  • Hindustan Times

Google Pixel 10 Pro XL 5G vs Pixel 9 Pro XL 5G: Expected upgrades, features, price, and more

Google is hosting the 'Made by Google' event on August 20 to introduce the new generation of Pixel phones. This year's Pixel 10 series is anticipated to have four models, as last years, including the Pixel 10 Pro XL 5G model that will likely have a bigger screen, battery, and upgraded camera setup. As we wait for the official launch, several rumours about the Pixel 10 series have been circulating on the internet, giving us a glimpse into what Google may unveil. If you are someone who is eyeing the new Pixel 10 Pro XL 5G model, then know what upgrades are expected in comparison to last year's Pixel 9 Pro XL 5G model, which is still an impressive Android phone. Google Pixel 10 Pro XL 5G is expected to get upgraded performance and a bigger battery, in comparison to its predecessor.(Shaurya Sharma/HT Tech) Google Pixel 10 Pro XL 5G vs Pixel 9 Pro XL 5G: Design and display Last year, Google made a significant design change with the Pixel 9 series, bringing a new camera module. Now, the Pixel 10 Pro XL is expected to retain a similar design profile as the Pixel 9 Pro XL model, which will include an aluminium body, a flat screen and frame with curved edges. The dimensions are also expected to remain the same, but the new-gen is expected to be heavier, with 232 grams, due to the bigger battery. Google is also adding new colours, Moonstone and Jade. In terms of display, the Pixel 10 Pro XL is expected to feature a similar display to its predecessor, with a 6.8-inch Super Actua display with a 120Hz refresh rate. The smartphone could also share a similar peak brightness of up to 3000nits. However, the new generation is expected to get a faster and more secure version of the ultrasonic fingerprint scanner. Google Pixel 10 Pro XL 5G vs Pixel 9 Pro XL 5G: Camera The Google Pixel 10 Pro XL 5G and Pixel 9 Pro XL 5G are also likely to share the same camera features. With a 50MP main camera, a 48MP ultrawide camera, and a 48MP telephoto lens with 5x optical zoom. However, there are minor upgrades we can expect, such as new Macro Focus on ultrawide camera, and up to 100x digital zoom with the telephoto lens. Apart from these changes, Google can bring some upgrades on the software front to enhance the camera performance on the Pixel 10 Pro XL. Google Pixel 10 Pro XL 5G vs Pixel 9 Pro XL 5G: Performance and battery The Google Pixel 10 Pro XL 5G is expected to be powered by a new Tensor G5 chipset, likely to be made by TSMC. The smartphone could also offer up to 16GB of RAM with a base storage variant of 256GB. Therefore, we can expect some major performance improvements. Whereas, the Pixel 9 Pro XL 5G is powered by the Tensor G4 chip paired with up to 16GB RAM and a base storage variant of 128GB. In terms of lasting performance, the Pixel 10 Pro XL is expected to be backed by a 5200mAh battery that may support 39W fast charging and 23W Qi2 wireless charging. On the other hand, the Pixel 9 Pro XL is backed by a 5060mAh battery that supports 37W fast charging and 23W wireless charging. Google Pixel 10 Pro XL 5G vs Pixel 9 Pro XL 5G: Price As per leaked US and Canadian prices for the Pixel 10 series, we expect no major price hikes this year. However, the Pixel 9 Pro XL came with a 128GB base variant, whereas the Pixel 10 Pro XL is expected to have 256GB as a base variant. Therefore, we expect a price difference due to a change in storage options.

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into a world of global content with local flavor? Download Daily8 app today from your preferred app store and start exploring.
app-storeplay-store