Rajat Jain resigns as Walt Disney India MD
Mumbai: Rajat Jain, managing director, Walt Disney India has resigned from the media and entertainment company to pursue new opportunities after a three-year stint.

Andy Bird, president, Walt Disney International said Rajat came into Walt Disney from the very start and laid a strong foundation for growth for The Walt Disney Company in India.

Jain would be working with Bird to oversee management of the company until a new appointment is made.
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Srinivasa S R Varadhan wins Math Nobel Prize
Oslo: Mathematician S R Varadhan, who was born in India but has settled in the US, has been awarded the Nobel Prize for mathematics.

According to the jury, Varadhan was cited for his 'fundamental contributions to probability theory and in particular for a unified theory of large deviations'.

Varadhan teaches at New York University's Courant Institute of Mathematical Sciences, and his theories have proved useful in a broad range of fields, including quantum field theory, statistical physics, population dynamics, econometrics and finance, and traffic engineering.

The prize money amounts to $8,50,000 and will be conferred on him at a ceremony in Oslo later this year.

Varadan has been in the US for the last four decades and said he came from south India where mathematicians name Ramanujan's is extremely well known. Varadhan said Ramanaujam was a role model for him.
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