Priyanka Chopra, Mindy Kaling co-host pre-Oscars party for South Asian nominees


Maan Jalal
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Priyanka Chopra and Mindy Kaling, along with a few other notable names, co-hosted a South Asian Excellence party to celebrate the nominees who have made it to the 2023 Academy Awards.

Running for its second year and also hosted by Paramount Pictures, the pre-Oscar party took place on Friday, and a number of South Asian talents gathered to celebrate during the event. These included international activist and Nobel Peace Prize laureate Malala Yousafzai, actress Freida Pinto, fashion designer Tan France, actor and comedian Aziz Ansari, poet Rupi Kaur, Bridgerton star Simone Ashley and more.

“I have never looked around in my 12 years of working in Hollywood and in entertainment in America and seen so many South Asians connected to the Oscars,” Chopra told Vanity Fair.

Chopra, who organised the event with her manager Anjula Acharia and was in attendance with her husband, singer Nick Jonas, said that it was “very special” to be at a party to honour and celebrate her peers.

“This is a community that has given a lot for many years in many ways, and it’s our time to shine,” she added.

During a speech at the event, Chopra specially thanked Kaling and Ansari for their work over the years to change the stereotypes about South Asians and for creating a space for them in the industry, both in front of and behind the camera.

Kaling posted to her 6.5 million followers on Instagram how honoured she was to co-host the celebration with Chopra.

“Last night, I was honoured to co-host a celebration of South Asian Oscar nominees,” she wrote. “Met so many new friends and hugged old ones, and was inspired by the talent all around me.”

Indian actress and producer Preity Zinta was also at the celebration and posted a photo on her Instagram account of herself with a number of South Asian women in attendance. “From meeting old friends to making new ones, last night was so special. Nothing is more sexy and beautiful than an independent, powerful and talented woman,” she captioned the post.

Pakistani singer Ali Sethi posted a video of himself performing on stage during the party, along with the caption, “so happy that we are here as our true selves, no longer typecast and overflowing every metric.”

The South Asian Oscar nominees this year include songwriter M M Keeravaani and lyricist Chandrabose for the single Naatu Naatu from RRR, nominated for Best Song, All That Breathes by Shaunak Sen for Best Documentary Feature, and the Best Documentary Short-nominated The Elephant Whisperers by Kartiki Gonsalves and Stranger at the Gate, which stars Saber and Bibi Bahrami and was executive produced by Yousafzai.

A number of South Asian actors also featured in some of the Oscar-nominated films this year.

Actress Sunita Mani has a role in Everything Everywhere All at Once, which is nominated for 11 Oscars including Best Picture. It is also up for Best Original Score by the band Son Lux, whose member Rafiq Bhatia is of East African Indian descent. Actress Maitreyi Ramakrishnan also features in Turning Red which is nominated for Best Animated Film.

Other South Asian films that were shortlisted for nominations at the Oscars but didn't make the final list include Pakistani drama Joyland by Saim Sadiq, shortlisted for Best International Feature Film, and Chhello Show (Last Film Show), an Indian movie by Pan Nalin, also shortlisted in the same category.

The 95th Academy Awards ceremony will take place on March 12 (4am UAE time on March 13) at the Dolby Theatre in Los Angeles

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Global state-owned investor ranking by size

1.

United States

2.

China

3.

UAE

4.

Japan

5

Norway

6.

Canada

7.

Singapore

8.

Australia

9.

Saudi Arabia

10.

South Korea

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The 12

England

Arsenal, Chelsea, Liverpool, Manchester City, Manchester United, Tottenham Hotspur

Italy
AC Milan, Inter Milan, Juventus

Spain
Atletico Madrid, Barcelona, Real Madrid

Ipaf in numbers

Established: 2008

Prize money:  $50,000 (Dh183,650) for winners and $10,000 for those on the shortlist.

Winning novels: 13

Shortlisted novels: 66

Longlisted novels: 111

Total number of novels submitted: 1,780

Novels translated internationally: 66

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Pakistan v Australia, Tuesday-Saturday, 10am​​ daily​​​​​ at Zayed Cricket Stadium, Abu Dhabi

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How Tesla’s price correction has hit fund managers

Investing in disruptive technology can be a bumpy ride, as investors in Tesla were reminded on Friday, when its stock dropped 7.5 per cent in early trading to $575.

It recovered slightly but still ended the week 15 per cent lower and is down a third from its all-time high of $883 on January 26. The electric car maker’s market cap fell from $834 billion to about $567bn in that time, a drop of an astonishing $267bn, and a blow for those who bought Tesla stock late.

The collapse also hit fund managers that have gone big on Tesla, notably the UK-based Scottish Mortgage Investment Trust and Cathie Wood’s ARK Innovation ETF.

Tesla is the top holding in both funds, making up a hefty 10 per cent of total assets under management. Both funds have fallen by a quarter in the past month.

Matt Weller, global head of market research at GAIN Capital, recently warned that Tesla founder Elon Musk had “flown a bit too close to the sun”, after getting carried away by investing $1.5bn of the company’s money in Bitcoin.

He also predicted Tesla’s sales could struggle as traditional auto manufacturers ramp up electric car production, destroying its first mover advantage.

AJ Bell’s Russ Mould warns that many investors buy tech stocks when earnings forecasts are rising, almost regardless of valuation. “When it works, it really works. But when it goes wrong, elevated valuations leave little or no downside protection.”

A Tesla correction was probably baked in after last year’s astonishing share price surge, and many investors will see this as an opportunity to load up at a reduced price.

Dramatic swings are to be expected when investing in disruptive technology, as Ms Wood at ARK makes clear.

Every week, she sends subscribers a commentary listing “stocks in our strategies that have appreciated or dropped more than 15 per cent in a day” during the week.

Her latest commentary, issued on Friday, showed seven stocks displaying extreme volatility, led by ExOne, a leader in binder jetting 3D printing technology. It jumped 24 per cent, boosted by news that fellow 3D printing specialist Stratasys had beaten fourth-quarter revenues and earnings expectations, seen as good news for the sector.

By contrast, computational drug and material discovery company Schrödinger fell 27 per cent after quarterly and full-year results showed its core software sales and drug development pipeline slowing.

Despite that setback, Ms Wood remains positive, arguing that its “medicinal chemistry platform offers a powerful and unique view into chemical space”.

In her weekly video view, she remains bullish, stating that: “We are on the right side of change, and disruptive innovation is going to deliver exponential growth trajectories for many of our companies, in fact, most of them.”

Ms Wood remains committed to Tesla as she expects global electric car sales to compound at an average annual rate of 82 per cent for the next five years.

She said these are so “enormous that some people find them unbelievable”, and argues that this scepticism, especially among institutional investors, “festers” and creates a great opportunity for ARK.

Only you can decide whether you are a believer or a festering sceptic. If it’s the former, then buckle up.

Milestones on the road to union

1970

October 26: Bahrain withdraws from a proposal to create a federation of nine with the seven Trucial States and Qatar. 

December: Ahmed Al Suwaidi visits New York to discuss potential UN membership.

1971

March 1:  Alex Douglas Hume, Conservative foreign secretary confirms that Britain will leave the Gulf and “strongly supports” the creation of a Union of Arab Emirates.

July 12: Historic meeting at which Sheikh Zayed and Sheikh Rashid make a binding agreement to create what will become the UAE.

July 18: It is announced that the UAE will be formed from six emirates, with a proposed constitution signed. RAK is not yet part of the agreement.

August 6:  The fifth anniversary of Sheikh Zayed becoming Ruler of Abu Dhabi, with official celebrations deferred until later in the year.

August 15: Bahrain becomes independent.

September 3: Qatar becomes independent.

November 23-25: Meeting with Sheikh Zayed and Sheikh Rashid and senior British officials to fix December 2 as date of creation of the UAE.

November 29:  At 5.30pm Iranian forces seize the Greater and Lesser Tunbs by force.

November 30: Despite  a power sharing agreement, Tehran takes full control of Abu Musa. 

November 31: UK officials visit all six participating Emirates to formally end the Trucial States treaties

December 2: 11am, Dubai. New Supreme Council formally elects Sheikh Zayed as President. Treaty of Friendship signed with the UK. 11.30am. Flag raising ceremony at Union House and Al Manhal Palace in Abu Dhabi witnessed by Sheikh Khalifa, then Crown Prince of Abu Dhabi.

December 6: Arab League formally admits the UAE. The first British Ambassador presents his credentials to Sheikh Zayed.

December 9: UAE joins the United Nations.

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Abu Dhabi GP Saturday schedule

12.30pm GP3 race (18 laps)

2pm Formula One final practice 

5pm Formula One qualifying

6.40pm Formula 2 race (31 laps)

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City's slump

L - Juventus, 2-0
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W - N Forest, 3-0
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D - Feyenoord, 3-3
L - Tottenham, 4-0
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L - Tottenham, 2-1

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Citadel: Honey Bunny first episode

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FA Cup semi-finals

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Sunday: Chelsea v Southampton, 6pm (UAE)

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While you're here
The Indoor Cricket World Cup

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Where: Insportz, Dubai

Indoor cricket World Cup:
Insportz, Dubai, September 16-23

UAE fixtures:
Men

Saturday, September 16 – 1.45pm, v New Zealand
Sunday, September 17 – 10.30am, v Australia; 3.45pm, v South Africa
Monday, September 18 – 2pm, v England; 7.15pm, v India
Tuesday, September 19 – 12.15pm, v Singapore; 5.30pm, v Sri Lanka
Thursday, September 21 – 2pm v Malaysia
Friday, September 22 – 3.30pm, semi-final
Saturday, September 23 – 3pm, grand final

Women
Saturday, September 16 – 5.15pm, v Australia
Sunday, September 17 – 2pm, v South Africa; 7.15pm, v New Zealand
Monday, September 18 – 5.30pm, v England
Tuesday, September 19 – 10.30am, v New Zealand; 3.45pm, v South Africa
Thursday, September 21 – 12.15pm, v Australia
Friday, September 22 – 1.30pm, semi-final
Saturday, September 23 – 1pm, grand final

Concrete and Gold
Foo Fighters
RCA records

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Director: Shady Ali
Cast: Boumi Fouad , Mohamed Tharout and Hisham Ismael
Rating: 3/5

Vidaamuyarchi

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Stars: Ajith Kumar, Arjun Sarja, Trisha Krishnan, Regina Cassandra

Rating: 4/5

 

ELIO

Starring: Yonas Kibreab, Zoe Saldana, Brad Garrett

Directors: Madeline Sharafian, Domee Shi, Adrian Molina

Rating: 4/5

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Uefa Champions League semi-final, first leg
Bayern Munich v Real Madrid

When: April 25, 10.45pm kick-off (UAE)
Where: Allianz Arena, Munich
Live: BeIN Sports HD
Second leg: May 1, Santiago Bernabeu, Madrid

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Updated: March 13, 2023, 4:10 AM`