MEHRAN Gul got the best possible gift he could imagine for his 33rd birthday last week - the £15,000 Bracken Bower Prize.
This was established in 2014 by the Financial Times newspaper and the management consulting firm McKinsey & Co, and is given to someone under 35 whose 5,000-word proposal for a business book is judged to be the best.
Gul “beat a record number of entries from 26 countries on topics ranging from technology, to gender, to the ethics of business,” the judges said.
The prize is named after Brendan Bracken, chairman of the Financial Times from 1945 to 1958, and Marvin Bower, managing director of McKinsey from 1950 to 1967.
This is the second time that the award - which "aims to encourage a new generation of business writers" – has gone to someone of Pakistani origin. Organisers hope it will "encourage Eastern Eye readers, in particular, to pitch for the prize next year".
Gul plans to write a book about “the new geography of innovation” – business start ups outside the US.
“In the past 100 years most of the biggest companies we know, and especially technology companies, came from the Western world in general and from the United States in specific,” Gul told Eastern Eye.
“Think of the biggest companies you know today: Microsoft, Google, Facebook, Apple, Uber, Cisco, Oracle, they are all based in the US.
“That’s going to change,” he predicted. “We are now seeing technology companies coming up outside the US which are growing extremely fast and able to compete with their American peers.”
“These start-ups are often called unicorns. India has seven of them and we can expect more.”
Karachi-born Gul, an undergraduate at the Lahore University of Management, received a Fulbright scholarship to study international relations at Yale, and has been based since 2013 with the World Economic Forum in Geneva where he “helps senior business leaders understand how technology is changing business models, operating models, consumption patterns, and the demand for talent and skills”.
His career trajectory is similar to that of the 2014 winner, Saadia Zahidi, whose proposal, “Womenomics in the Muslim world”, is due to be published this year as Fifty Million Rising, a book about the new generation of Muslim women entering the workforce.
Originally from Islamabad, she grew up partly in Britain and studied economics at Smith College, a women’s establishment in Massachusetts. She, too, has been working at the WEF in Geneva as a senior director.
The award ceremony alternates between London and New York – Zahidi got hers in London, Gul last week in New York.
Gul said he applied for the prize “because it’s a very valuable opportunity for young writers to bring their ideas to life”.
He won the Fox International Fellowship while at Yale and chose to spend a year at the Jawaharlal Nehru University (JNU) in New Delhi as a visiting scholar.
“It was an incredible experience and I made many friends along the way,” he said. “As a Pakistani, living and researching in India was a unique opportunity to view the relationship between the two countries from both sides.
“I was very happy to get the opportunity to go to India because it tends to be the centre piece of Pakistan’s foreign policy and although I was thoroughly well-versed in the Pakistani narrative, I was eager to see things from the other side.
“I’ve also had a specific interest in Indian higher education, places like the IITs (Indian Institute of Technology) and IIMs (Indian Institute of Management) produce some of the top talent in the world, and I was looking forward to being based at JNU to get a sense of how it is that Indian students have been able to compete worldwide despite limited institutional resources.”
Gul revealed that the visa process was "not easy" and that he waited eight months to secure it. "Even then, I could only go to New Delhi because I got a city and not a country visa, so it was disappointing that I could not see more of the country – I couldn't even go to (adjacent) Gurgaon.
“But I know that my Indian friends who have tried to go to Pakistan have had to face a similar ordeal, so my situation was definitely not unique or limited only to Pakistanis,” he acknowledged.
“I had a wonderful time in India; I already had a strong group of friends based there whom I had met at graduate school at Yale, so I felt like I was going to a very familiar place.”
Asked whether he could offer any tips to the authorities on how the two sides could be brought closer together, Gul responded: “I think it’s important to realise that even though we have a tendency to emphasise differences, those difference occur in the context of overwhelming similarity.
“Which other country in world is India most similar to, if not Pakistan?
“Which other country in the world is Pakistan most similar to, if not India?
“But when people are similar it’s much harder to resolve differences; it’s like fights in the family or group of friends, even when the stakes are low and solutions relatively simple there is enormous ego and pride that complicates the situation.
“I think a good start would be to just let people visit each other’s country more often, which is not easy at the moment. And I can say that based on personal experience. It’s much harder to demonise people when you know them and they’re real instead of just an abstraction.”
As one of the most prominent altcoins, XRP's greatest strength lies in its design for cross-border payments. Compared to traditional bank wires, XRP transactions are much faster, typically taking only seconds, and come with minimal fees. This makes it an ideal choice for financial institutions conducting international transfers.
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GoldenMining is a platform that provides cloud computing services to users worldwide. We eliminate the tedious process of purchasing, installing, and hosting mining machines, allowing you to earn stable returns with a small investment. Our mission is to provide a seamless investment experience and professional project management for anyone interested in cryptocurrency cloud mining, regardless of their experience level.
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In today’s dynamic cryptocurrency market, investors are seeking reliable ways to grow their assets without being tied down by complex mining setups. PlanMining, a global leader in cloud mining solutions, now fully supports Ripple (XRP) as a settlement currency, offering users a convenient path to daily passive income.
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Amidst volatile cryptocurrency markets, Ripple (XRP) has fallen approximately 4.1% over the past 24 hours. This has prompted investors to remain cautious about any significant fluctuations. Although XRP has surged 49% in 2025, this cyclical volatility makes relying solely on price speculation risky.
In these critical moments, GoldenMining provides real solutions. Through its high-yield mining contracts, investors can achieve stable daily profits even amidst market volatility.
What is an XRP contract?
XRP, a digital asset based on the XRP Ledger, is a cryptocurrency launched by Ripple Labs. It is designed to facilitate fast, low-cost international payments and is frequently used as a bridge currency between different currencies, earning it a prominent position in the cryptocurrency landscape.
Based on this unique feature, GoldenMining has launched contracts that support XRP mining. Users simply purchase contracts with XRP to participate in mining and earn daily returns.
Popular contract recommendations:
【Daily Sign-in Rewards】:Investment: $15, 1-day contract, daily profit of $0.60, total net profit of $15 + $0.60
【Daily Sign-in Rewards】:Investment: $100, 2-day contract, daily profit of $4, total net profit of $100 + $8
【Bitmain Antminer S23 Hyd】:Investment: $650, 5-day contract, daily profit of $8.45, total net profit of $650 + $42.25
【Antminer L9 16GH】:Investment: $1500, 12-day contract, daily profit of $20.25, total net profit of $1500 + $243
【Antminer L9 17GH】:Investment: $3500, 18-day contract, daily profit of $48, total net profit of $3500 + $882
【Elphapex DG2】:Investment: $6,000, 30-day contract, daily profit of $87, total profit of $6,000 + $2,610
【Elphapex DG2+】:Investment: $12,500, 38-day contract, daily profit of $212.5, total profit of $12,500 + $8,075
【ANTSPACE HD5】:Investment: $55,000, 47-day contract, daily profit of $1,056, total profit of $55,000 + $49,632
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Choose the right contract option. The platform offers a variety of plans to meet different budgets and investment goals. Users can easily choose the most suitable plan based on their needs and start their cloud mining journey.
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Supports deposits and withdrawals of multiple cryptocurrencies: DOGE, ADA, BTC, ETH, SOL, XRP, USDC, LTC, USDT-TRC20, USDT-ERC20, and more
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OpenAI is facing legal challenges in India, with publishers and news outlets accusing it of using their content without permission to train ChatGPT. (Photo: Reuters)
OPENAI, the company behind ChatGPT, will open its first India office in New Delhi later this year as it expands in its second-largest market by user numbers.
The Microsoft-backed firm has been registered as a legal entity in India and has started hiring for a local team, the company said in a statement shared with Reuters on Friday.
India is a key market for ChatGPT, which launched its lowest-priced monthly plan at $4.60 earlier this week. The move aims at reaching nearly one billion internet users in the country.
OpenAI is facing legal challenges in India, with publishers and news outlets accusing it of using their content without permission to train ChatGPT. The company has denied these claims.
"Opening our first office and building a local team is an important first step in our commitment to make advanced AI more accessible across the country and to build AI for India, and with India," OpenAI CEO Sam Altman said in the statement.
Competition in India is intensifying, with Google’s Gemini and AI startup Perplexity offering plans that give many users free access to advanced features.
India has the largest student user base for ChatGPT, and weekly active users have quadrupled in the past year, according to market data shared by OpenAI on Friday.
PROMINENT Asian businessman Surinder Arora’s company has acquired the Ministry of Justice for £245 million, adding to his portfolio of properties.
The Arora Group bought the Queen Anne’s Mansions (QAM), near Buckingham Palace, from Land Securities.
The current lease expired in December 2028, and the Arora Group was quoted as saying in the Times that it will explore “all potential avenues” for the redevelopment.
“The group will collaborate closely with stakeholders to ensure the redevelopment plan honours the site’s rich history while creating a modern, high-value asset for London. We remain deeply committed to investing in the UK economy – not just through bricks and mortar, but by creating meaningful, long-term jobs.”
Among the properties Arora owns are the Luton Hoo Hotel, Golf and Spa, the Fairmont Windsor Park and the Radisson Blu Hotel at Heathrow.
His company also has interests in commercial properties across London, from Kensington Square to Gatwick and Heathrow. Recently, the group submitted plans for a lower-cost alternative to Heathrow Airport’s proposed third runway, working with US engineering firm Bechtel.
Queen Anne’s Mansions
Chief executive officer at Landsec, Mark Allan, said, “This sale provides strong evidence of the continuing recovery in the central London investment market and allows us to crystallise a full value for this off-strategy asset much sooner than we had envisaged.”
Arora is the founder and executive chairman of the Arora Group, one of the UK’s leading hotel operators and property businesses.
Born in Punjab, India, he moved to London in 1972 and began working as a waiter at the Renaissance London Heathrow Hotel, which he would later go on to own.
Since its creation in 1999, the Arora Group has expanded through project management, from planning to delivery and long-term operation.
Today, the Group owns and operates 13 hotels across the UK, and several hotels at Heathrow Airport such as Sofitel and Hilton Garden Inn. It also leases five additional hotels. Alongside hotels, the Group manages a strong property and construction business.
The group is also building a new hotel at Dublin Airport, marking its first project outside the UK. Diversification has included acquisitions in the retail sector, such as County Mall in Crawley and the Peacocks Shopping Centre in Woking. In central London, the group purchased a three-acre freehold site in South Kensington, formerly occupied by Heythrop College, with redevelopment plans under consideration.
Arora is married to Sunita, and together they have three children – Sapna, Sonia and Sanjay. The Asian tycoon now works closely with his son, Sanjay, the chief operating officer, who leads new developments.
The group remains family-run and continues to expand across hospitality, retail, and property, maintaining a focus on long-term growth. Revenues at Arora Holdings rose to £304m producing an operating profit of £44.9m for the year ending March 2023.
The Arora family was ranked 14th in the Asian Rich List 2025 published by Eastern Eye with an estimated wealth of £1.4 billion.