Close X
Monday, December 2, 2024
ADVT 
International

PepsiCo Chief Indra Nooyi Joins Donald Trump's Strategic Policy Forum

Darpan News Desk IANS, 14 Dec, 2016 01:06 PM
    Calling her one of the "pioneering CEOs," President-elect Donald Trump appointed PepsiCo Chairman Indra Nooyi on Wednesday to the President's Strategic and Policy Forum that will consult with him on implementing his economic agenda.
     
    "America has the most innovative and vibrant companies in the world, and the pioneering CEOs joining this Forum today are at the top of their fields," Trump said. 
     
    "My administration is going to work together with the private sector to improve the business climate and make it attractive for firms to create new jobs across the United States from Silicon Valley to the heartland."
     
    The forum is headed by Stephen Schwarzman, the CEO of the investment company Blackstone and includes Jack Welch, the former CEO of General Electric, and CEOs Elon Musk of SpaceX and Tesla, Uber's Travis Kalanick; Jamie Dimon of Chase and Mary Barra of General Motors.
     
    Trump's transition team said that forum members will give Trump their views on government policy, job-creation and productivity "in a frank, non-bureaucratic and non-partisan manner."
     
     
     
    Nooyi heads a multinational with an annual revenue of $63 billion that emplys 110,000 people.
     
    A graduate of Madras Christian College in Chennai, she has management degrees from the Indian Institute of Management in Kolkata and Yale University.
     
    Earlier Trump had appointed Shalabh Kumar, the chair of the Republican Hindu Coalition, to the transition finance and the inauguration teams.
     
    The finance team members review prospects for administration positions and makes recommendations to Trump.
     
    The inauguration team organises the festivities for Trump's swearing in as president on January 20.
     
    MICROSOFT CEO NADELLA TO MEET TRUMP
     
    Microsoft CEO Satya Nadella is to meet President-elect Donald Trump on Wednesday as part of a team of tech titans for discussion on the role of their sector, which could have an impact beyond their shores.
     
     
    Job creation in the US, visas for highly skilled technology professionals and investors, investing the large hoard of cash - a lot of it overseas -- that the tech companies have been sitting on because of tax concerns are expected to figure in the meeting at Trump Towers here.
     
    During the campaign, both Trump and the tech sector had a frosty relationship.
     
    Trump criticised them for exporting jobs and manufacturing overseas, and zoomed in Apple for making its products in China. "We're going to get Apple to build their damn computers and things in this country instead of in other countries," he said.
     
    He also threatened to tighten visa requirements for professional immigrants, the artery of skills for the tech sector, although he softened his stand later saying he would welcome innovators and skilled people coming in legally.
     
    Last week, Trump said that he would not allow foreign workers on temporary H-1B visas for technology professionals to displace American workers, a move that could affect Indian tech companies.
     
    While people in the technology sector criticised Trump during the campaign mostly because of their perception of his social and immigration policies, Nadella was publicly silent.
     
     
    After the election, Nadella congratulated Trump in a post on LinkedIn. But in an implied criticsm of the Trump campaign's perceived rhetoric, he also wrote: "Our commitment to our mission and values are steadfast, and in particular fostering a diverse and inclusive culture."
     
    After Trump's election Apple reportedly asked some of its suppliers to look at manufacturing in the US.
     
    Foxconn, the main manufacturer of iPhones announced that it was looking at expanding its manufacturing operations in the US.
     
    Japanese company Softbank pledged to invest $50 billion in the US after its CEO Masayoshi Son met Trump earlier this month. Media reports said that Apple may invest $1 billion in the Softbank's $50 billion fund for US investments.
     

    MORE International ARTICLES

    Hijab-Clad 'Hero' Muslim Cop Called 'ISIS', Harassed In US

    Hijab-Clad 'Hero' Muslim Cop Called 'ISIS', Harassed In US
    Officer Aml Elsokary, who was off duty and wearing her hijab, dropped off her son in Brooklyn. After parking her car, she returned to the scene to find her son being shoved by the suspect, a white man in his 30s.

    Hijab-Clad 'Hero' Muslim Cop Called 'ISIS', Harassed In US

    Saibaba Temple Gets Rs. 3 Crore In Scrapped Notes After Currency Ban

    Saibaba Temple Gets Rs. 3 Crore In Scrapped Notes After Currency Ban
    The Shri Sai Baba Shirdi Sansthan, managing one of the most revered temples in the country, received Rs. 3 crore in the scrapped notes of Rs. 1,000 and Rs. 500 denominations after the government's demonetisation move, the temple trust said today.

    Saibaba Temple Gets Rs. 3 Crore In Scrapped Notes After Currency Ban

    Hijab-Clad Teen Attacked By Men Screaming 'Trump' On US Subway

    Hijab-Clad Teen Attacked By Men Screaming 'Trump' On US Subway
    Three men attempted to rip off Yasmin Seweid's hijab, calling the 18-year-old student a "terrorist" and shouting President-elect Trump's name as she rode the subway through Manhattan.

    Hijab-Clad Teen Attacked By Men Screaming 'Trump' On US Subway

    Pakistani Restaurant Attacked Twice In US

    Pakistani Restaurant Attacked Twice In US
    A Pakistani restaurant in the US has been targetted for a second time in a suspected hate attack, the latest in a slew of anti-Muslim incidents since Donald Trump has been elected US President.

    Pakistani Restaurant Attacked Twice In US

    Pakistani Man, 68, Arrested For Trying To Import Heroin In US

    Pakistani Man, 68, Arrested For Trying To Import Heroin In US
    Shahbaz Khan was taken in custody by Liberian authorities on December 1 and brought to the United States. He was presented before United States Magistrate Judge James Cott on Friday, US Attorney for the Southern District of New York Preet Bharara said.

    Pakistani Man, 68, Arrested For Trying To Import Heroin In US

    UK Backs India's Bid For Permanent Membership Of UN Security Council

    UK Backs India's Bid For Permanent Membership Of UN Security Council
    British Foreign Secretary Boris Johnson today supported India's quest for permanent membership of the UN Security Council as he called for its expansion to include India for a more "realistic" re-alignment of the world order.

    UK Backs India's Bid For Permanent Membership Of UN Security Council