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Normalcy returned to Kashmir on Sunday as flight operations resumed and several roads were cleared for traffic, following the season's heaviest snowfall that had disrupted daily life. Meanwhile, cold conditions persisted in Punjab and Haryana, with maximum temperatures remaining below normal. In Himachal Pradesh, the higher reaches experienced snowfall, with Kalpa and Kufri recording the highest precipitation. Narakanda, Keylong, and other high-altitude areas in the state also received fresh snow early Sunday. In Rajasthan, some places in the state's eastern parts received light rain while dense to very dense fog was recorded at many places. Some places also witnessed cold-day conditions. ET Year-end Special Reads What kept India's stock market investors on toes in 2024? India's car race: How far EVs went in 2024 Investing in 2025: Six wealth management trends to watch out for The Jammu and Kashmir government deployed men and machinery to restore services following Saturday's heavy snowfall that disrupted connectivity. The snowfall, being dubbed as among the heaviest in recent memory, began on Friday evening and continued into Saturday. Chief Minister Omar Abdullah commended the efforts of various departments involved in the restoration process. In a post on X, he praised the power department for effectively managing outages. He also lauded the roads and buildings department for its effective snow clearance operations. Artificial Intelligence(AI) Java Programming with ChatGPT: Learn using Generative AI By - Metla Sudha Sekhar, IT Specialist and Developer View Program Artificial Intelligence(AI) Basics of Generative AI: Unveiling Tomorrows Innovations By - Metla Sudha Sekhar, IT Specialist and Developer View Program Artificial Intelligence(AI) Generative AI for Dynamic Java Web Applications with ChatGPT By - Metla Sudha Sekhar, IT Specialist and Developer View Program Artificial Intelligence(AI) Mastering C++ Fundamentals with Generative AI: A Hands-On By - Metla Sudha Sekhar, IT Specialist and Developer View Program Artificial Intelligence(AI) Master in Python Language Quickly Using the ChatGPT Open AI By - Metla Sudha Sekhar, IT Specialist and Developer View Program Marketing Performance Marketing for eCommerce Brands By - Zafer Mukeri, Founder- Inara Marketers View Program Office Productivity Zero to Hero in Microsoft Excel: Complete Excel guide 2024 By - Metla Sudha Sekhar, IT Specialist and Developer View Program Finance A2Z Of Money By - elearnmarkets, Financial Education by StockEdge View Program Marketing Modern Marketing Masterclass by Seth Godin By - Seth Godin, Former dot com Business Executive and Best Selling Author View Program Astrology Vastu Shastra Course By - Sachenkumar Rai, Vastu Shashtri View Program Strategy Succession Planning Masterclass By - Nigel Penny, Global Strategy Advisor: NSP Strategy Facilitation Ltd. View Program Data Science SQL for Data Science along with Data Analytics and Data Visualization By - Metla Sudha Sekhar, IT Specialist and Developer View Program Artificial Intelligence(AI) AI and Analytics based Business Strategy By - Tanusree De, Managing Director- Accenture Technology Lead, Trustworthy AI Center of Excellence: ATCI View Program Web Development A Comprehensive ASP.NET Core MVC 6 Project Guide for 2024 By - Metla Sudha Sekhar, IT Specialist and Developer View Program Marketing Digital Marketing Masterclass by Pam Moore By - Pam Moore, Digital Transformation and Social Media Expert View Program Artificial Intelligence(AI) AI-Powered Python Mastery with Tabnine: Boost Your Coding Skills By - Metla Sudha Sekhar, IT Specialist and Developer View Program Office Productivity Mastering Microsoft Office: Word, Excel, PowerPoint, and 365 By - Metla Sudha Sekhar, IT Specialist and Developer View Program Marketing Digital marketing - Wordpress Website Development By - Shraddha Somani, Digital Marketing Trainer, Consultant, Strategiest and Subject Matter expert View Program Office Productivity Mastering Google Sheets: Unleash the Power of Excel and Advance Analysis By - Metla Sudha Sekhar, IT Specialist and Developer View Program Web Development Mastering Full Stack Development: From Frontend to Backend Excellence By - Metla Sudha Sekhar, IT Specialist and Developer View Program Finance Financial Literacy i.e Lets Crack the Billionaire Code By - CA Rahul Gupta, CA with 10+ years of experience and Accounting Educator View Program Data Science SQL Server Bootcamp 2024: Transform from Beginner to Pro By - Metla Sudha Sekhar, IT Specialist and Developer View Program By Sunday morning, air traffic at the Srinagar International Airport had resumed, with Airports Authority of India officials confirming that operations were back to normal following safety checks and runway clearance. The Srinagar-Jammu national highway, crucial for connecting the valley with the rest of the country, was also reopened for vehicular traffic after a day's closure. However, commuters were advised to exercise caution, particularly between Banihal and Qazigund, where roads remained slippery. Several key interdistrict routes, including Mughal Road and Sinthan Pass, continue to be closed due to heavy snow accumulation. Saturday's snowfall had significantly impacted air, rail and road traffic. In neighbouring Punjab, and Haryana, a thick blanket of fog reduced visibility early in the morning at several places, according to the Met office. In Haryana, severe cold prevailed during the day at most places. The maximum temperature in Ambala was recorded at 15.8 degrees Celsius, Hisar 13.6 degrees, Karnal 13 degrees, Rohtak 12.2 degrees, Sirsa 13.4 degrees and Gurugram 13.2 degrees. In Punjab, Amritsar registered a day temperature of 16.7 degrees Celsius and Ludhiana 16 degrees. Delhi, on the other hand, recorded a maximum temperature of 18 degrees Celsius, two notches below normal, the India Meteorological Department said. The minimum temperature was at 13 degrees Celsius, six notches above normal. In Rajasthan, Kota recorded light rain in the 24-hour period ending at 8:30 am while the weather remained dry in the state's western parts. The highest maximum temperature in the state was recorded in Barmer at 24.5 degrees Celsius. (You can now subscribe to our Economic Times WhatsApp channel )ASX set to retreat as Wall Street drifts to mixed finish
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World News | Dubai Women's Board of Directors Discusses Projects for the First Half of 2025ILLUSTRATION BY RUTH MACAPAGAL I recently met with the seventh-generation owners of an Asian family business conglomerate. Despite their success in growing the company into a multibillion-dollar powerhouse, they grappled with challenges that are common among family businesses—challenges my team and I encounter daily. During our discussion, one of the owners asked, “Tom, we want to understand how we, as a family, can influence our executives and the business while striking a balance between asserting the family’s influence and giving top executives free rein. We need your neutral, expert opinion on how much power to relinquish to these executives while still being able to attract and retain top talent.” Family businesses face a unique challenge: the decision to hire external executives. This decision often pits two competing priorities against one another—the need to grant freedom to outside leaders for innovation and success versus the imperative to maintain family control. Striking this balance is critical for family businesses aiming for long-term growth and sustainability. Why are external executives necessary? What are the risks and rewards of granting them freedom? And how can families maintain control while leveraging the skills of non-family leaders? Family businesses often lack the depth of talent within the family itself to fill leadership roles. While family members might possess the passion and commitment to uphold their business values, they may lack the necessary skills or experience to lead in today’s competitive environment. In such cases, bringing in external executives becomes a necessity to ensure the company’s growth and survival. A well-qualified external executive can introduce best practices, enhance operational efficiency and foster innovation—qualities that may be difficult to cultivate exclusively within the family. Case study: A prime example is Ford Motor Company, which hired Alan Mulally as CEO in 2006. Mulally was an external executive who previously worked at Boeing. Under his leadership, Ford avoided bankruptcy during the financial crisis by streamlining operations and fostering a culture of accountability. His fresh perspective was instrumental in reviving the company while preserving its family legacy. External executives bring with them a wealth of experience, new strategies and innovative ideas—all essential for staying competitive in today’s dynamic market environment. They can offer objective insights into the strengths and weaknesses of the business, providing fresh perspectives that challenge existing assumptions and drive growth. For example, many successful family businesses have revitalized their operations by hiring nonfamily leaders with expertise in technology, marketing, or international expansion. These executives can act as catalysts for change, positioning the business to seize new opportunities. Case study: Gucci’s turnaround. The Italian luxury brand underwent a transformation when the family brought in Domenico De Sole and Tom Ford in the 1990s. These external leaders revamped the brand image, streamlined operations and introduced iconic designs. Their success exemplifies how external expertise can rejuvenate a family business. External executives often come with experience managing larger organizations or scaling businesses in new markets. Family members may lack exposure to such challenges, but seasoned executives bring processes, networks and strategies to expand operations while mitigating risks. Case study: Tata Group. The transformation of Tata Group under Ratan Tata included key hires of nonfamily professionals who spearheaded global expansion and modernized its business units. This strategy turned Tata into a globally recognized conglomerate. Granting freedom to external exec: Attracting top talent The best executives expect a certain level of autonomy to make decisions and drive initiatives. Family businesses that micro-manage or stifle innovation risk losing these valuable leaders. Offering a clear mandate and operational freedom is crucial to attracting and retaining top talent. Consider the Murdoch family’s News Corp. They allowed nonfamily executives significant leeway in running divisions, which helped the company expand globally. The autonomy offered to these leaders created a culture of trust and innovation. As a result, the business thrived in competitive markets, demonstrating the power of giving executives the freedom to operate. However, excessive freedom without checks can lead to misalignment with the family’s vision. This misalignment can result in reputational damage or even financial losses. For instance, external executives who prioritize short-term gains over long-term family goals might inadvertently harm the business legacy. To balance freedom and control, families must ensure that external executives align with the company’s mission and values. This requires clear communication of long-term goals and expectations. Without alignment, the risk of conflicting priorities between the family and the executives increases. Case study: The Reliance family feud in India. This illustrates the dangers of insufficient oversight. The lack of clarity around roles and family control led to internal conflicts and public disputes that tarnished the brand’s reputation. This example underscores the importance of maintaining clear lines of communication and governance structures to avoid similar pitfalls. 1. Define a shared vision and values: Clearly articulate the family’s long-term goals, mission and values. Ensure that external executives are aligned with these principles from the start. Don’t compromise! 2. Establish robust governance: Implement governance structures such as advisory boards or family councils to oversee decisions while allowing autonomy for executives. These structures ensure that external executives remain accountable while providing them with the autonomy to execute their roles effectively. 3. Measure performance regularly: Hold frequent check-ins to ensure alignment with family goals. Develop clear KPIs (key performance indicators) and hold regular reviews to assess the executive’s alignment and impact on the business. 4. Prioritize cultural integration: Design onboarding programs that immerse external executives in the family’s culture and history to minimize friction. 5. Leverage outside support: Work with external advisors to facilitate communication, mediate potential conflicts and align strategies effectively. Subscribe to our daily newsletter By providing an email address. I agree to the Terms of Use and acknowledge that I have read the Privacy Policy . By following these steps, family businesses can successfully integrate external talent while safeguarding their legacy and driving sustainable growth. INQThe Federal Government has commenced the construction of a modern and smart divisional police headquarters in Abuja. The government also stressed that it was poised for the emergence of a world-class police force that is inclusive, intelligence-led, technology-driven, and community-based that is alive to its constitutional responsibilities and committed to implementing the ongoing comprehensive police reform to revolutionise the policing landscape by fostering inclusivity, community engagement, intelligence-driven operations, and technological integration. The Minister of Police Affairs, Sen. Ibrahim Gaidam, made this disclosure while performing the groundbreaking ceremony for the construction of the Divisional Police Headquarters and six Rank and File Quarters by the Nigeria Police Trust Fund (NPTF) at Mpape over the weekend. Represented by the Acting Permanent Secretary, Ministry of Police Affairs, Yusuf Argungu, the Minister applauded the effort of the Nigeria Police Trust Fund (NPTF) in addressing the challenges of security in Bwari Area Council and providing a conducive environment for both citizens and their businesses. According to him, “The presence of this divisional headquarters of the police in this location will protect citizens commuting daily for their daily activities from the danger of kidnapping, one chance, and robbery as well as other related crimes affecting people in the city”. He urged the force to continue to promote synergy with citizens in the location and other security agencies in the city to uphold the responsibility of enforcing laws and prosecuting offenders. The Inspector General of Police, Kayode Egbetokun said the groundbreaking ceremony of the new divisional police headquarters was a testament to their ongoing commitment to effective law enforcement and community engagement. Represented by Commissioner of Police FCT Command, Olatunji Disu, the IG said the force eagerly anticipate the completion of the project and commencement of police activities to foster a safer environment for all citizens. In his remarks, the Executive Secretary, Nigeria Police Trust Fund (NPTF), Mohammed Sheidu, said the modern and smart divisional police headquarters when completed will be more than just bricks and mortar. He noted that it will represent their collective resolve to provide a police force and officers with modern infrastructure that enhances their operational capacity and improved welfare. “This headquarters will feature state of the art facilities while the quarters will provide decent and comfortable housing for the personnel, fostering environment where they can thrive both personally and professionally,” he averred. To the contractor, he said, “We are entrusting you with the responsibility to deliver a world class facility that meets the highest standard of quality and excellence. At same time we urge you to work diligently and efficiently to ensure the timely completion of this project. “The safety and well being of the officers and community that they serve depends on the realisation of this project”. He assured that the NPTF will monitor the project closely and provide all necessary support to ensure the success of the project, stating that, “this project is a symbol of progress, collaboration and hope. It is a testament to what can be achieved when we work together for the greater good”. The District Head of Mpape, Adamu Diga expressed appreciation to the ministry, NPTF and the NPF for accepting their request to upgrade the existing Mpape Police Post to the divisional headquarters to enhance the efficiency and service delivery to the people of the district. Linus Aleke Follow us on:
New Delhi: Tabla maestro Zakir Hussain has been admitted to the ICU of a San Francisco hospital with heart-related problems, his friend and flautist Rakesh Chaurasia said on Sunday. The 73-year-old US-based musician, who has taken the tabla to the global stage, had been having blood pressure issues, added Hussain’s manager Nirmala Bachani. “He has been admitted to a hospital in San Francisco for a heart-related problem for the last two weeks,” Bachani said. “He is unwell and admitted in the ICU right now. We all are worried about the situation,” Chaurasia told PTI. Amid reports claiming that Hussain had died, his publicist confirmed to PTI that the percussionist is being treated at the San Francisco hospital and “has not passed”. Hussain’s sister Khursheed told PTI that her brother is “very very critical” but is “very much breathing at the moment”. “My brother is deeply ill at this time. We are asking for all his fans around India and around the world to pray for him, to pray for his health. But as India’s greatest ever exports, do not finish him off just yet,” she said. “I just want to request all the media not to follow wrong information about Zakir’s passing. He is very much breathing at the moment. He is very very critical, but he’s still with us. He has not yet gone. So, I will request (the media) not to spread this rumour by writing or saying that he has passed away. I feel so bad watching all this information on Facebook which is very wrong,” she added. The eldest son of legendary tabla player Allah Rakha, Hussain has followed in the footsteps of his father, becoming a marquee name in India and across the world. Hussain has received five Grammy Awards in his career, including three at the 66th Grammy Awards earlier this year. In his career spanning six decades, the musician has worked with several renowned international and Indian artistes, but it was his 1973 musical project with English guitarist John McLaughlin, violinist L Shankar, and percussionist TH ‘Vikku’ Vinayakram that brought together Indian classical and elements of jazz in a fusion hitherto unknown. As concern mounted over Hussain’s health, senior broadcast journalist Pervaiz Alam also took to X to share the news, citing the musician’s brother-in-law Ayub Aulia. “Ustad Zakir Hussain, Tabla player, percussionist, composer, former actor and the son of legendary Tabla player, Ustad Allah Rakha is not well. He’s being treated for serious ailments in a San Francisco hospital, USA, informed his brother in law, Ayub Aulia in a phone call with me. Aulia sahab, based in London, has requested Zakir’s followers to pray for his speedy recovery,” he wrote in a post. The percussionist, one of India’s most celebrated classical muscians, received the Padma Shri in 1988, the Padma Bhushan in 2002, and the Padma Vibhushan in 2023.