Latest news with #SanjaySinghal
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Business Standard
a day ago
- Politics
- Business Standard
Two Indian-Americans secure significant city council seats in Texas
In a significant political stride for the Indian diaspora in the United States, Sanjay Singhal and Sukh Kaur, both Indian Americans, have won city council runoff elections in Texas, while Carol McCutcheon has been elected as Mayor of Sugar Land, a Houston suburb with a large Indian-origin population. In Sugar Land's District 2, Sanjay Singhal, a retired energy executive and graduate of IIT Delhi, secured a decisive victory over his nearest rival Nasir Hussain. According to unofficial results from Fort Bend County, Singhal received 2,346 votes to Hussain's 777. "This victory belongs to the residents of District 2,"Singhal told supporters. "I am deeply grateful for the community's support and ready to serve with transparency and dedication." Singhal, who has lived in Sugar Land for over 30 years with his wife, their two sons and daughters-in-law, ran on a platform focused on public safety, infrastructure improvements, and accountable governance. In San Antonio, Sukh Kaur, a Sikh American and education reformer, scored a landslide victory to retain her District 1council seat, defeating challenger Patty Gibbons with 65 per cent of the vote. "I think we really talked to the community and shared that we want to work," Kaur told media after the results. "And one of the things that we said is District 1 is about preserving our history while still moving our district forward." Kaur, a nonprofit leader who lives in San Antonio with her husband and two children, has focused her public service on affordable housing, safer neighbourhoods, and improved transit systems. In a closely watched mayoral contest in Sugar Land, Carol McCutcheon defeated William Ferguson to become the city's new mayor, succeeding Joe Zimmerman. McCutcheon secured 6,103 votes, while Ferguson received 5,402, according to unofficial tallies. McCutcheon, a retired reservoir engineer with decades of public service experience, said she entered the race to help guide Sugar Land's growth with "strategic vision". Her priorities include improving crime response, supporting law enforcement, and ensuring quality of life for residents. Additionally, Jim Vonderhaar won the City Council At-Large Position 1 seat with 6,048 votes, defeating Maggy Horgan who received 4,278. The latest round of municipal elections reinforces Texas' status as a growing hub of Indian-American civic engagement and leadership, with expanding representation in key urban centres like Houston and San Antonio. Swearing-in ceremonies for the new council members and mayor are expected in the coming weeks.
News18
a day ago
- Politics
- News18
Indian-Americans win key city council seats in Texas; Sugar Land gets new mayor
Last Updated: Houston Jun 8 (PTI) In a significant political stride for the Indian diaspora in the United States, Sanjay Singhal and Sukh Kaur, both Indian Americans, have won city council runoff elections in Texas, while Carol McCutcheon has been elected as Mayor of Sugar Land, a Houston suburb with a large Indian-origin population. In Sugar Land's District 2, Sanjay Singhal, a retired energy executive and graduate of IIT Delhi, secured a decisive victory over his nearest rival Nasir Hussain. According to unofficial results from Fort Bend County, Singhal received 2,346 votes to Hussain's 777. 'This victory belongs to the residents of District 2," Singhal told supporters. 'I am deeply grateful for the community's support and ready to serve with transparency and dedication." Singhal, who has lived in Sugar Land for over 30 years with his wife, their two sons and daughters-in-law, ran on a platform focused on public safety, infrastructure improvements, and accountable governance. In San Antonio, Sukh Kaur, a Sikh American and education reformer, scored a landslide victory to retain her District 1council seat, defeating challenger Patty Gibbons with 65 per cent of the vote. 'I think we really talked to the community and shared that we want to work," Kaur told media after the results. 'And one of the things that we said is District 1 is about preserving our history while still moving our district forward." Kaur, a nonprofit leader who lives in San Antonio with her husband and two children, has focused her public service on affordable housing, safer neighbourhoods, and improved transit systems. In a closely watched mayoral contest in Sugar Land, Carol McCutcheon defeated William Ferguson to become the city's new mayor, succeeding Joe Zimmerman. McCutcheon secured 6,103 votes, while Ferguson received 5,402, according to unofficial tallies. McCutcheon, a retired reservoir engineer with decades of public service experience, said she entered the race to help guide Sugar Land's growth with 'strategic vision". Her priorities include improving crime response, supporting law enforcement, and ensuring quality of life for residents. Additionally, Jim Vonderhaar won the City Council At-Large Position 1 seat with 6,048 votes, defeating Maggy Horgan who received 4,278. The latest round of municipal elections reinforces Texas' status as a growing hub of Indian-American civic engagement and leadership, with expanding representation in key urban centres like Houston and San Antonio. Swearing-in ceremonies for the new council members and mayor are expected in the coming weeks. PTI SHK RUK RUK First Published: June 09, 2025, 03:30 IST
Deccan Herald
2 days ago
- Business
- Deccan Herald
Indian-American candidates win runoff races in Texas' city councils
Sanjay Singhal, a retired energy executive and IIT Delhi graduate secured a decisive victory on Saturday over his nearest rival in Sugar Land's District 2.
Time of India
2 days ago
- Politics
- Time of India
Indian-American candidates leading runoff races in Texas' city councils
Two Indian-American candidates are leading in their respective city council runoff elections in Texas , according to early results. The two - Sanjay Singhal and Sukh Kaur - are vying for critical city council positions in Sugar Land and San Antonio. The runoff elections were held on Saturday, with early voting having concluded on June 3. In Sugar Land's District 2, Singhal is ahead with 54% of the vote over challenger Nasir Hussain, who holds 46%. Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like How much is your car worth? Take a look here Cars | Value Click Here Undo Singhal, an IIT Delhi alumnus and retired energy executive, campaigned on transparent governance, infrastructure improvements, and community engagement. Kaur, a Stanford and Harvard graduate, leads Patty Gibbons in early results for the San Antonio District 1 runoff, holding 64% of the vote. Live Events Kaur, the first Sikh woman elected to the San Antonio City Council, focused her campaign on affordable housing, public transit expansion, and inclusive urban development. She lives in San Antonio with her husband and two children. Both candidates are expected to solidify Indian-American representation in Texas's civic leadership. Final certification of results and official victory announcements are expected in the coming days.
Time of India
27-05-2025
- Business
- Time of India
Lenders, JSW Steel differ over Bhushan Power funds recovery
New Delhi: Banks want compensation for wrongful losses caused to Bhushan Power and Steel (BPSL) under its former promoter Sanjay Singhal , according to people familiar with the matter. In a lawsuit filed with the National Company Law Tribunal (NCLT), banks claimed they are the rightful recipients of any recoveries realised from counterparties who benefited from wrongful transactions that resulted in losses to the company. However, JSW Steel argued before the NCLT that the monies recovered should be retained by BPSL. These transactions were identified during an audit and pertain to a period prior to commencement of BPSL's insolvency proceedings in 2017. Play Video Pause Skip Backward Skip Forward Unmute Current Time 0:00 / Duration 0:00 Loaded : 0.00% 0:00 Stream Type LIVE Seek to live, currently behind live LIVE Remaining Time - 0:00 1x Playback Rate Chapters Chapters Descriptions descriptions off , selected Captions captions settings , opens captions settings dialog captions off , selected Audio Track default , selected Picture-in-Picture Fullscreen This is a modal window. Beginning of dialog window. Escape will cancel and close the window. Text Color White Black Red Green Blue Yellow Magenta Cyan Opacity Opaque Semi-Transparent Text Background Color Black White Red Green Blue Yellow Magenta Cyan Opacity Opaque Semi-Transparent Transparent Caption Area Background Color Black White Red Green Blue Yellow Magenta Cyan Opacity Transparent Semi-Transparent Opaque Font Size 50% 75% 100% 125% 150% 175% 200% 300% 400% Text Edge Style None Raised Depressed Uniform Drop shadow Font Family Proportional Sans-Serif Monospace Sans-Serif Proportional Serif Monospace Serif Casual Script Small Caps Reset restore all settings to the default values Done Close Modal Dialog End of dialog window. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like War Thunder - Register now for free and play against over 75 Million real Players War Thunder Play Now Undo BPSL's resolution professional had flagged the transactions in applications filed with the NCLT in 2019. However, the lawsuits were not seriously pursued until early 2024. The losses resulted from transactions such as undervalued sale of land, write-offs of capital advances and misreporting of stock. Recoveries from such deals are pegged at Rs 3,000 crore, said people familiar with the claims filed at the NCLT. Live Events The audit captured such transactions in four categories - preferential, undervalued, fraudulent and extortionate - and reported them to the committee of creditors during BPSL's insolvency proceedings. Those familiar with the suspect transactions said they include the sale of a land parcel in Chennai and capital advances made to suppliers that were written off by the company. The Supreme Court on May 2 struck down JSW Steel's 2019 acquisition of BPSL and ordered the company's liquidation citing various non-compliances. It subsequently asked for status quo to be maintained on its liquidation proceedings after JSW Steel approached the court seeking a pause in the liquidation, arguing it would adversely affect banks and workmen. JSW Steel did not comment on the matter. Mital & Mital advocates, who are representing the lenders, did not respond to ET's queries. According to people familiar with the matter, JSW Steel had initially made an allowance for the benefits of the recoveries to go to the banks, once they were realised by BPSL. This was clarified to the banks in a letter from JSW Steel's management in October 2018, in which the benefits were referred to as "pass through monies". However, JSW Steel had set an expiry date for the banks to avail the benefits. The steelmaker has claimed that the expiry date has lapsed and that now BPSL is the rightful beneficiary of the sums realised through the recoveries, according to the people. The banks had also claimed in an affidavit in the Supreme Court that they were entitled to compensation and interest for the delay by JSW Steel in executing the resolution plan for BPSL.
