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Amazon launches $250 million venture fund for Indian startups, entrepreneurs

Amazon launches $250 million venture fund for Indian startups, entrepreneurs AKIPRESS.COM - Global E-Commerce major Amazon launched $250 million venture fund for Indian startups, that will specifically focus on encouraging the best ideas to digitise small and medium businesses (SMBs), Business Standard reported. “The small and medium sized businesses are the engine and the lifeblood of economies and it s true in India as well. We are very passionate about trying to enable acceleration of small and medium sized businesses in fueling innovation and the economy in India,” said Amazon Web Services (AWS) chief Andy Jassy, who is replacing billionaire founder Jeff Bezos as Amazon.com s next chief executive officer.

ACC starts probe against Hefazat leaders-553424

Allegations of Fund Embezzlement Staff Correspondent 19th May, 2021 10:20:27 The Anti-Corruption Commission (ACC) has launched a probe into allegations of fund embezzlement against a number of leaders of Hefazat-e-Islam, including its chief Junayed Babunagari and joint secretary Mamunul Haque. The Hefazat leaders are facing allegations of embezzling crores of taka from the funds of their organisation, different madrasas, orphanages and Islamic institutions and foreign aid meant for spending on religious purposes. Some of the Hefazat leaders have allegedly laundered huge money received from different sources. Suspicious transactions of money were also found at their bank accounts. The anti-graft body has decided to carry out a probe against the Hefazat leaders after it found truth of the allegations through Bangladesh Bank and its intelligence unit, ACC sources said.

Amid COVID worries, second India-Nordic summit postponed

Amid COVID worries, second India-Nordic summit postponed DNA 6 hours ago © Provided by DNA The second India-Nordic summit that was to physically take place in June has been postponed since Indian Prime Minister Narendra Modi won t be travelling abroad amid the Covid pandemic. The summit was to take place in Denmark and would include all five Nordic countries Denmark, Norway, Sweden, Finland, and Iceland. It is no secret that PM Modi is not traveling in June, so, therefore, the India Nordic summit has been postponed, said Ambassador of Denmark Freddy Svane at a virtual meet hosted by India Writes Network. The physical summit is expected to happen later and a timespan is being looked into.

Butterfly Effect: Will Israel Spotlight How Biden Will Handle Difficult Friends?

Butterfly Effect: Will Israel Spotlight How Biden Will Handle Difficult Friends? Copy link By Charu Sudan Kasturi Copy link WHY YOU SHOULD CARE How Biden responds to criticism of his Israel policy could shape how he deals with other difficult friends. Charu Sudan Kasturi OZY Senior Editor Charu Sudan Kasturi s column, Butterfly Effect, connects the dots on seemingly unrelated global headlines, highlighting what could happen next and who is likely to be impacted. May19, 2021 Missiles can come in 140 characters. “The devastation in Gaza is unconscionable,” Sen. Bernie Sanders wrote on Twitter on Sunday. “We must urge an immediate cease-fire. The killing of Palestinians and Israelis must end. We must also take a hard look at nearly $4 billion a year in military aid to Israel. It is illegal for U.S. aid to support human rights violations.”

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