Top Trending Appointments News & Highlights

FICCI President-Elect Anant Goenka for 2025–2026

FICCI President-Elect Anant Goenka for 2025–2026

Anant Goenka, the vice chairperson of the RPG Group, has been named the Federation of Indian Chambers of Commerce and Industry's (FICCI) 2025–2026 president-elect. A significant leadership change in one of India's oldest and most significant business chambers was announced on Tuesday.In addition to being the Vice Chairperson of RPG Group, a diverse Indian industrial conglomerate with interests in industries like infrastructure, IT, healthcare, and tires (CEAT), Anant Goenka is currently the Senior Vice President of FICCI. Within the RPG Group, Goenka, a third-generation business executive, is renowned for spearheading digital transformation and modernizing processes. He graduated from Northwestern's Kellogg School of Management and the University of Pennsylvania's Wharton School. A generational change and the increasing impact of young industry leaders in influencing India's policy and economic discourse are signaled by his appointment as FICCI president-elect. The incumbent FICCI President and Vice Chairman & Managing Director of Emami Group, Harsha Vardhan Agarwal, will be replaced by Anant Goenka. Second-generation businessman Harsha Vardhan oversaw FICCI during the 2024–2025 term. Under his direction, FICCI made a substantial contribution to business-government cooperation by concentrating on MSME reforms, exports, ESG, and inclusive growth.One of the most well-known business associations in India is the Federation of Indian Chambers of Commerce and Industry, or FICCI, which was established in 1927. Additionally, it is essential to Participating in policy debates on behalf of Indian industries Talking about economic reforms with the authorities Encouraging global trade alliances putting together prestigious events such as the India Innovation Summit, FICCI Frames, and FICCI Flo  

Published 16 Oct 2025 05:25 PM

Dan Katz was named the first deputy managing director of the IMF.

Dan Katz was named the first deputy managing director of the IMF.

Dan Katz joins the IMF as First Deputy Managing Director on October 6, 2025, bringing a wealth of global finance and U.S. Treasury experience.The International Monetary Fund (IMF) Executive Board authorized Dan Katz's nomination as its First Deputy Managing Director on October 3, 2025, with effect from October 6, 2025. IMF Managing Director Kristalina Georgieva made the nomination, which comes at a crucial moment as the world economy negotiates intricate changes in inflation, trade, and geopolitics. With a solid history in international finance, economic policy, and strategic diplomacy, Katz's selection represents a major change in the IMF's leadership. The most recent position Dan Katz held was Chief of Staff at the U.S. Department of the Treasury, where he was Treasury Secretary Scott Bessent's primary counselor. Among his duties were directing discussions on regional and bilateral financial platforms and establishing both domestic and foreign economic policies, most notably the U.S. economic cooperation with Ukraine.  

Published 15 Oct 2025 05:42 PM

Vikram Dayal is named the new head of IOCC by Air India after Choorah Singh resigns.

Vikram Dayal is named the new head of IOCC by Air India after Choorah Singh resigns.

According to sources on Tuesday, Air India has named Vikram Dayal as the new Head of its Integrated Operations Control Centre (IOCC) after Choorah Singh, the IOCC Head and Senior Vice President, resigned.Sources claim that Singh, who assumed the position in October 2023, has resigned to pursue chances in Ireland. He resigned after being identified in a DGCA letter earlier this year along with two other officials for alleged crew scheduling and rostering errors in June.Regarding the leadership transition, the carrier owned by the Tata Group has not yet released a formal comment.On October 26, Air India Express is scheduled to begin operating direct flights between Agartala and Bagdogra, linking the state capital with North Bengal and offering easy access to well-known locations like Darjeeling, Kalimpong, Mirik, and Sikkim. A new chapter in Tripura's aviation connectivity will be marked by the service, which will launch at the same time as the winter flight schedule. A 180-seater Boeing will fly this route every day, according to reports. The return flight will leave Agartala at 6:10 PM and land in Bagdogra at 7:20 PM, while the departure flight will leave Bagdogra at 4:30 PM and arrive in Agartala at 5:40 PM.Bookings for tickets have already begun, and it has been stated that costs have been maintained reasonable for regular travelers, making family vacations to North Bengal more accessible than before.As part of its Northern Winter 2025 schedule, Air India also announced that it will be expanding its flights to the United Kingdom. As on October 26, there will be a fourth daily flight between Delhi and London (Heathrow).According to a press statement, the new route would offer 1,196 seats per week each way between Delhi and London (Heathrow), increasing Air India's frequency from 24 to 28 times per week this winter.  

Published 14 Oct 2025 05:42 PM

Castrol India's MD Steps Down, New CEO Takes Over

Castrol India's MD Steps Down, New CEO Takes Over

A significant participant in the lubricant industry, Castrol India, is going through a leadership change. The present Managing Director, Kedar Lele, will leave at the end of December 2025 in order to pursue other possibilities. He continues to serve as Wholetime Director & Head of B2C Sales, although the company has named Saugata Basuray as Interim CEO, effective January 2026.A board decision states that Lele will formally step down as Managing Director on December 31, 2025, at the end of business. His decision to "pursue other opportunities" is cited as the reason. Since assuming leadership duties not long ago, his time as MD has been rather short.Saugata Basuray will take on the additional role of Interim CEO on January 1, 2026, until a new Managing Director is chosen. He is still employed in his previous role as Head of B2C Sales and Wholetime Director. His title will be changed to "Wholetime Director & Interim CEO" in light of the new hire. Having worked for Castrol since 1999 in a variety of leadership roles across verticals and territories, Basuray is an experienced veteran of the organization. Internal stability and continuity: Castrol India appears to emphasize stability during transition if it selects a leader who is already a part of the organization. Leadership development: While a more permanent replacement is being found, Basuray is a viable temporary option due to his extensive expertise and institutional memory. Market reaction: The revelation caused the company's share price to slightly decline, indicating that investors are sensitive to changes in the company's leadership. The upcoming strategic period: This change in leadership comes at a time when the lubricant industry is dealing with issues related to changing mobility trends, like electric cars, the need for sustainability, and shifting automotive ecosystems.  

Published 13 Oct 2025 05:21 PM

Appointments

Appointments

Appointments

FICCI President-Elect Anant Goenka for 2025–2026

FICCI President-Elect Anant Goenka for 2025–2026

Anant Goenka, the vice chairperson of the RPG Group, has been named the Federation of Indian Chambers of Commerce and Industry's (FICCI) 2025–2026 president-elect. A significant leadership change in one of India's oldest and most significant business chambers was announced on Tuesday.In addition to being the Vice Chairperson of RPG Group, a diverse Indian industrial conglomerate with interests in industries like infrastructure, IT, healthcare, and tires (CEAT), Anant Goenka is currently the Senior Vice President of FICCI. Within the RPG Group, Goenka, a third-generation business executive, is renowned for spearheading digital transformation and modernizing processes. He graduated from Northwestern's Kellogg School of Management and the University of Pennsylvania's Wharton School. A generational change and the increasing impact of young industry leaders in influencing India's policy and economic discourse are signaled by his appointment as FICCI president-elect. The incumbent FICCI President and Vice Chairman & Managing Director of Emami Group, Harsha Vardhan Agarwal, will be replaced by Anant Goenka. Second-generation businessman Harsha Vardhan oversaw FICCI during the 2024–2025 term. Under his direction, FICCI made a substantial contribution to business-government cooperation by concentrating on MSME reforms, exports, ESG, and inclusive growth.One of the most well-known business associations in India is the Federation of Indian Chambers of Commerce and Industry, or FICCI, which was established in 1927. Additionally, it is essential to Participating in policy debates on behalf of Indian industries Talking about economic reforms with the authorities Encouraging global trade alliances putting together prestigious events such as the India Innovation Summit, FICCI Frames, and FICCI Flo  

Dan Katz was named the first deputy managing director of the IMF.

Dan Katz was named the first deputy managing director of the IMF.

Dan Katz joins the IMF as First Deputy Managing Director on October 6, 2025, bringing a wealth of global finance and U.S. Treasury experience.The International Monetary Fund (IMF) Executive Board authorized Dan Katz's nomination as its First Deputy Managing Director on October 3, 2025, with effect from October 6, 2025. IMF Managing Director Kristalina Georgieva made the nomination, which comes at a crucial moment as the world economy negotiates intricate changes in inflation, trade, and geopolitics. With a solid history in international finance, economic policy, and strategic diplomacy, Katz's selection represents a major change in the IMF's leadership. The most recent position Dan Katz held was Chief of Staff at the U.S. Department of the Treasury, where he was Treasury Secretary Scott Bessent's primary counselor. Among his duties were directing discussions on regional and bilateral financial platforms and establishing both domestic and foreign economic policies, most notably the U.S. economic cooperation with Ukraine.  

Vikram Dayal is named the new head of IOCC by Air India after Choorah Singh resigns.

Vikram Dayal is named the new head of IOCC by Air India after Choorah Singh resigns.

According to sources on Tuesday, Air India has named Vikram Dayal as the new Head of its Integrated Operations Control Centre (IOCC) after Choorah Singh, the IOCC Head and Senior Vice President, resigned.Sources claim that Singh, who assumed the position in October 2023, has resigned to pursue chances in Ireland. He resigned after being identified in a DGCA letter earlier this year along with two other officials for alleged crew scheduling and rostering errors in June.Regarding the leadership transition, the carrier owned by the Tata Group has not yet released a formal comment.On October 26, Air India Express is scheduled to begin operating direct flights between Agartala and Bagdogra, linking the state capital with North Bengal and offering easy access to well-known locations like Darjeeling, Kalimpong, Mirik, and Sikkim. A new chapter in Tripura's aviation connectivity will be marked by the service, which will launch at the same time as the winter flight schedule. A 180-seater Boeing will fly this route every day, according to reports. The return flight will leave Agartala at 6:10 PM and land in Bagdogra at 7:20 PM, while the departure flight will leave Bagdogra at 4:30 PM and arrive in Agartala at 5:40 PM.Bookings for tickets have already begun, and it has been stated that costs have been maintained reasonable for regular travelers, making family vacations to North Bengal more accessible than before.As part of its Northern Winter 2025 schedule, Air India also announced that it will be expanding its flights to the United Kingdom. As on October 26, there will be a fourth daily flight between Delhi and London (Heathrow).According to a press statement, the new route would offer 1,196 seats per week each way between Delhi and London (Heathrow), increasing Air India's frequency from 24 to 28 times per week this winter.  

Castrol India's MD Steps Down, New CEO Takes Over

Castrol India's MD Steps Down, New CEO Takes Over

A significant participant in the lubricant industry, Castrol India, is going through a leadership change. The present Managing Director, Kedar Lele, will leave at the end of December 2025 in order to pursue other possibilities. He continues to serve as Wholetime Director & Head of B2C Sales, although the company has named Saugata Basuray as Interim CEO, effective January 2026.A board decision states that Lele will formally step down as Managing Director on December 31, 2025, at the end of business. His decision to "pursue other opportunities" is cited as the reason. Since assuming leadership duties not long ago, his time as MD has been rather short.Saugata Basuray will take on the additional role of Interim CEO on January 1, 2026, until a new Managing Director is chosen. He is still employed in his previous role as Head of B2C Sales and Wholetime Director. His title will be changed to "Wholetime Director & Interim CEO" in light of the new hire. Having worked for Castrol since 1999 in a variety of leadership roles across verticals and territories, Basuray is an experienced veteran of the organization. Internal stability and continuity: Castrol India appears to emphasize stability during transition if it selects a leader who is already a part of the organization. Leadership development: While a more permanent replacement is being found, Basuray is a viable temporary option due to his extensive expertise and institutional memory. Market reaction: The revelation caused the company's share price to slightly decline, indicating that investors are sensitive to changes in the company's leadership. The upcoming strategic period: This change in leadership comes at a time when the lubricant industry is dealing with issues related to changing mobility trends, like electric cars, the need for sustainability, and shifting automotive ecosystems.  

Group Captain Shubhanshu Shukla Designated as Buildathon 2025 Brand Ambassador

Group Captain Shubhanshu Shukla Designated as Buildathon 2025 Brand Ambassador

Group Captain Shubhanshu Shukla, who is the first Indian to arrive at the International Space Station (ISS), has been named the brand ambassador for Viksit Bharat Buildathon 2025, which is India’s largest school hackathon to date. The Buildathon, organized by the Ministry of Education in collaboration with Atal Innovation Mission and NITI Aayog, seeks to involve more than one crore students from 1.5 lakh schools in the process of generating ideas, designing, and constructing prototypes that tackle real-world problems. This far-reaching initiative corresponds with the goals of Viksit Bharat 2047, the national vision for 2047, and seeks to foster creativity, innovation, and self-reliance in young people in India.What does Viksit Bharat Buildathon 2025 entail? On September 23, 2025, the Ministry of Education, together with Atal Innovation Mission (AIM), NITI Aayog, and AICTE, launched the Buildathon. Its goal is to involve students from Classes VI to XII throughout India. It is anticipated that more than 1.5 lakh schools will take part, engaging over one crore students. This initiative is in line with India’s Viksit Bharat @ 2047 vision, which emphasizes self-reliance, innovation, and inclusive prosperity.What is the Buildathon’s uniqueness? The Buildathon, which commenced on September 23, 2025, encourages students from grades 6 to 12 to join together in teams and engage in a nationwide innovation initiative. The live event is scheduled for October 13, with the announcement of winners set for December. This school hackathon, with its extensive reach, aims to promote critical thinking, the practical use of knowledge, and early exposure to real-world innovation processes — in accordance with the National Education Policy (NEP) 2020.Four National Themes Guiding the Buildathon Atmanirbhar Bharat – Establishing self-sufficient systems and solutions Swadeshi – Advocating for native knowledge and technologies Vocal for Local – Advocating for local goods, craftsmanship, and business ventures Samriddhi – Establishing routes for sustainable development and flourishing These themes motivate students to create prototypes that aid in India’s socio-economic advancement.Unchanging Facts Event Name: Viksit Bharat Buildathon 2025 Launch Date: September 23, 2025 Organised by: Ministry of Education, Atal Innovation Mission, and NITI Aayog Participants: over 1 crore students, 150 000 schools Eligibility: Learners from grades 6 to 12 Themes: Atmanirbhar Bharat, Swadeshi, Vocal for Local, Samriddhi Group Captain Shubhanshu Shukla: Brand Ambassador  

JPMorgan ernennt neue Co‑CEOs für die Region EMEA

JPMorgan ernennt neue Co‑CEOs für die Region EMEA

JPMorgan Chase has made a notable change in leadership by appointing Conor Hillery and Matthieu Wiltz as Co-Chief Executive Officers for its operations across Europe, the Middle East, and Africa (EMEA). This action highlights the bank's dedication to broadening its reach and attaining significant growth throughout the EMEA region.Wechsel in der strategischen Leitung The new appointments come after the transition of Filippo Gori, the outgoing EMEA CEO, who is now relocating to New York to concentrate on his global duties as co-head of global banking. With nearly 50 years of combined experience, Hillery and Wiltz, both longtime executives at JPMorgan and former deputies to Gori, bring valuable expertise to the role. The transition of leadership is intended to uphold continuity and advance an ambitious strategy for EMEA.Who are the new co-CEOs? Conor Hillery, who is based in London, is currently the Head of Investment Banking for EMEA. He is recognized for his extensive experience across sectors and his deep relationships with clients. Matthieu Wiltz, who is based in France, heads EMEA Sales and offers extensive market insight and operational expertise across various geographies. Both leaders will keep their existing responsibilities while also joining the management team of JPMorgan’s Commercial and Investment Bank. Growth Strategy for EMEA JPMorgan aims to achieve a 20% increase in EMEA revenues by the year 2030. The newly appointed leadership pair is anticipated to, Enhance local customer involvement Broaden investment banking and sales operations Adjust to changing regulations and market dynamics in the region Co-CEO appointments mirror a model that more and more international banks are using to take advantage of complementary strengths and to improve the management of complex operations spanning multiple countries.Significance of the EMEA Region EMEA constitutes a vital area of growth for JPMorgan, which includes, Advanced economies such as the UK, France, and Germany New opportunities in the Middle East and Africa Post-Brexit strategic hubs, with London and Paris serving essential functions in investment banking The bank’s strategic initiative in the EMEA region is well-timed and consistent with its global expansion objectives, given the rapid changes in financial ecosystems caused by technological disruption, energy transition, and geopolitical shifts.  

Supreme Court’s ruling on the Election Commission: The impact of judicial activism on legislation

Supreme Court’s ruling on the Election Commission: The impact of judicial activism on legislation

By virtue of its ruling on March 2, 2023, the Supreme Court of India took on the role of the Constituent Assembly and redefined certain constitutional provisions. The Court mandated adherence to new regulations regarding the appointment of the Election Commissioner.According to these regulations, the appointment of the Election Commissioner is to be made based on the recommendation of a committee that includes the Prime Minister, the Leader of Opposition, and the Chief Justice of India. The Court justified this by stating that such rules are necessary to address the “lacuna” in regulations on this subject. However, a closer examination of the Court's reasoning and the provisions regarding the appointment of Election Commissioners reveals that the Court has blatantly disregarded the doctrine of separation of powers.  

CDM, Secunderabad Commandant Major General G. Srinivas assumes leadership

CDM, Secunderabad Commandant Major General G. Srinivas assumes leadership

The commandant of the College of Defence Management (CDM), Secunderabad, is now Major General G. Srinivas. Lieutenant General Harsh Chhibber, who was elevated to the post of Director General Information Systems, will be replaced by him.Major General Srinivas was responsible for the planning and implementation of operational logistics in the Western Command theater prior to his appointment at CDM. During Operation Sindoor, a crucial military operation, he was in charge of the logistical framework. His work made sure that supplies moved smoothly, that resources were coordinated, and that troops in front regions were supported. The Indian Army's capacity to carry out extensive logistical operations in difficult terrain was put to the test during Operation Sindoor, and Major General Srinivas's leadership was crucial to guaranteeing effectiveness and prompt completion.One of the top tri-services schools under the Integrated Defence Staff is the College of Defence Management (CDM), which is situated in Secunderabad. Senior officers in the Indian Army, Navy, and Air Force receive advanced management training from it. In order to prepare officers to handle the intricacies of contemporary combat, strategic leadership, and resource optimization, CDM is essential. In order to prepare officers for leadership roles in multi-domain warfare, joint operations, and technology transformation in the armed forces, the school focuses on fusing management principles with defense plans.Major General G. Srinivas is an experienced Indian Army officer who has held several staff and operations positions. His career has revolved around his expertise in operational planning and logistics, especially under duress. He is renowned for his creative planning and strategic vision, and he has put in place procedures that have improved the Army's resource usage effectiveness. It is anticipated that his nomination as Commandant of CDM will enhance and modernize the training program even further, especially in the fields of defense resource management, logistics, and technological integration.Major General Srinivas now has the duty of overseeing an organization that forms the strategic leadership core of the Indian Armed Forces after assuming command of CDM. His extensive military background and logistical know-how will probably offer new insights into future readiness, joint-service coordination, and defense education. As CDM maintains its objective of providing officers with the information and skills to meet the demands of a constantly changing security environment, this leadership shift also represents a crucial milestone for the organization.  

Praveer Ranjan assumes the role of CISF DG

Praveer Ranjan assumes the role of CISF DG

As part of a significant restructuring of leadership within India’s Central Armed Police Forces (CAPFs), two senior IPS officers from the 1993 batch have assumed control of important paramilitary organisations. Praveer Ranjan is the new Director General (DG) of the Central Industrial Security Force (CISF), and Praveen Kumar has been appointed as the Director General of the Indo-Tibetan Border Police (ITBP).After their predecessors retired, both officers took up office on September 30, 2025.Praveer Ranjan: New Chief of CISF Cadre: AGMUT (Arunachal Pradesh-Goa-Mizoram and Union Territories) Prior Position: Special DG of CISF, leading the sensitive Airport Security Division. New Position: Director General of the CISF. Successor: R.S. Bhatti, who finished his term and retired. The CISF is essential for safeguarding important national assets, such as: Airports, harbors, and subway networks. Public Sector Enterprises (PSEs). Atomic power plants and other facilities with stringent security measures. Mr. Ranjan is expected to enhance the CISF’s role in protecting critical infrastructure, given his experience in managing airport security.Praveen Kumar: Chief of ITBP Cadre: IPS officer from the 1993 batch. New Position: Director General of the ITBP. The responsibility of the Indo-Tibetan Border Police (ITBP) includes: Protecting the border between India and China in some of the most challenging high-altitude terrains globally. Carrying out training for mountain warfare. Providing help in rescue missions and disaster relief in the Himalayan areas. Mr. Kumar, as the newly appointed head of ITBP, is expected to concentrate on improving border security readiness and operational capacity in difficult frontier areas.Importance of the Appointments The appointments of Praveer Ranjan and Praveen Kumar come at a pivotal moment when India is confronting: Rising demands for security at vital facilities and transit centers. The necessity of increased watchfulness along the Line of Actual Control (LAC) with China. The effective operation of the CISF and ITBP will be crucial for national security and public safety, and their leadership will be essential to that end.  

Gaurav Banerjee wird bis 2029 Sony Pictures India leiten

Gaurav Banerjee wird bis 2029 Sony Pictures India leiten

Gaurav Banerjee will maintain his role as Managing Director and CEO of Sony Pictures Networks India (SPNI), operating officially under Culver Max Entertainment, until August 2029. Approved at the company’s Annual General Meeting (AGM) in August 2025, this five-year extension indicates stability in leadership at one of India’s leading media and entertainment firms.Leadership Continuity and Appointments Tenure of Gaurav Banerjee After the departure of NP Singh, who served as CEO for many years, Banerjee was first appointed as Additional Director in August 2024. A shareholder resolution under the Companies Act, 2013 confirmed his promotion to the roles of full-time managing director and chief executive officer. The new term commenced officially in August 2024 and will continue until August 2029.New Board Appointments Two important leaders were appointed as Whole-time Directors. Ritesh Khosla, General Counsel – Term starting December 2024 Sibaji Biswas, Chief Financial Officer – Term starting February 2025 These appointments represent a strategic enhancement of the company’s executive leadership.Sony Pictures Networks India: Performance Snapshot In FY24, SPNI demonstrated strong financials, Revenue: ₹6,511 crore Net Profit: ₹840 crore Subscription Income: ₹3,206 crore Advertising Income: ₹2,825 crore  

R Venkataramani's Tenure as Attorney General of India Extended Until 2027

R Venkataramani's Tenure as Attorney General of India Extended Until 2027

In a significant move for legal continuity, Senior Advocate R. Venkataramani has been reappointed as India’s Attorney General for an additional two-year term starting October 1, 2025. This month marks the end of his current three-year term, which started on September 30, 2022. With this reappointment, Venkataramani will serve as the country’s top law officer until September 30, 2027. The Ministry of Law and Justice confirmed the reappointment, highlighting the government’s satisfaction with his legal counsel and leadership on issues of national significance.Who holds the position of Attorney General in India? The chief legal advisor to the Government of India is the Attorney General of India (AGI), who represents the state in legal proceedings, particularly at the Supreme Court and High Courts. This position is created under Article 76 of the Constitution and is therefore constitutional in nature. On the recommendation of the Union Cabinet, the President of India appoints the AG.Major Duties Providing legal counsel to the government Representing the state in court Taking part in parliamentary discussions on legal matters (without the right to vote)R Venkataramani: Career Milestones and Overview Puducherry, April 13, 1950: place of birth Registered: Bar Council of Tamil Nadu, July 1977 Transferred to Supreme Court: 1979 Senior Advocate (designated): 1997Venkataramani has built a remarkable legal career that extends beyond 40 years. Er hat, Acted on behalf of the Union Government, PSUs, and State Governments in civil and constitutional cases. Provided counsel to the government regarding service law, human rights, and indirect taxes. Functioned as a member of the Law Commission of India, aiding in policy and reform efforts His expertise spans constitutional law, criminal law, consumer protection, and administrative law, establishing him as one of India’s most versatile senior counsels.  

Chairmanship of Piramal Finance Assigned to Anand Piramal

Chairmanship of Piramal Finance Assigned to Anand Piramal

Following the recent merger of Piramal Enterprises, Anand Piramal has taken on the role of Chairman of Piramal Finance, succeeding his father Ajay Piramal, who exited the position. With Anand Piramal at the helm, this leadership change represents a major milestone for the Piramal Group’s non-banking financial division. The first board meeting after the merger, which was approved by the National Company Law Tribunal (NCLT) on September 10, ratified the change.Key Leadership Changes Anand Piramal – Assumes the role of Chairman Ajay Piramal – Resigned from his position as Non-Executive Chairman, but continues as the Chairman of the Piramal Group Swati A. Piramal – Gave up role as non-executive director Jairam Sridharan – Took on role as managing director and CEO of Piramal Finance New board appointments (Awaiting approval from shareholders) Shikha Sharma (ehemalige MD & CEO von Axis Bank) – Non-Executive Director Rajiv Mehrishi, Asheet Mehta, Anjali Bansal – Unabhängige Direktoren (5-Jahres-Amtszeit)Importance of the Transition The transition signifies a generational change in leadership and a strategic restructuring of Piramal Finance in response to changing market dynamics. The promotion of Anand Piramal is in accordance with the group’s wider ambitions regarding digital-first financial services and innovation-led growth in the NBFC sector. Quick Static Recap Company: Piramal Finance (the NBFC division of Piramal Group) New Chairman: Anand Piramal Outgoing Chairman: Ajay Piramal New CEO: Jairam Sridharan Merger Approved By: NCLT Key New Director: Shikha Sharma (Former MD of Axis Bank).The company stated in a release that since his 2019 arrival, Anand Piramal has led the Retail Lending platform, directed the ₹34,250 crore acquisition of DHFL (the largest financial services resolution under IBC), and guided the company’s transition from wholesale real estate lending to a diversified, technology-led non-banking finance entity. He oversaw the reduction of the legacy structured real estate portfolio from ₹43,500 crore in 2022 to less than ₹5,900 crore today.  

Sanjeev Ranjan appointed as road transport secretary in bureaucratic reshuffle

Sanjeev Ranjan appointed as road transport secretary in bureaucratic reshuffle

New Delhi: According to an order from the personnel ministry, senior IAS officer Sanjeev Ranjan has been appointed as secretary of the Ministry of Road Transport and Highways (MoRTH) in a major bureaucratic reshuffle carried out by the central government. Currently, Ranjan, who is an IAS officer from the Tripura cadre (1985 batch), serves as the chairman of the National Highways Authority of India (NHAI). He has received the appointment of officer on special duty in MoRTH.The order stated that Ranjan will assume the role of MoRTH secretary starting 1 April 2019, following the retirement of Yudhvir Singh Malik at the end of this month.Nagendra Nath Sinha is set to take over from Ranjan as the new head of NHAI. The managing director of the National Highways and Infrastructure Development Corporation is N.N. Sinha. He will also continue to hold the additional responsibility of this position.Panwar, who serves as special secretary and financial adviser in the Ministry of Home Affairs, will assume the role of OSD in the Women and Child Development Ministry until Srivastava retires. Bhupendra Singh, who is the chairman of the National Authority for Chemical Weapons Convention, will replace Panwar as special secretary and financial adviser in the Home Ministry.Ruolkhumlein Buhril, a senior bureaucrat, will take over as secretary of the Department of Land Resources, replacing Anant Kumar Singh, who is retiring at the end of this month. Buhril serves as the secretary for the Inter State Council Secretariat within the Home Ministry. He will assume the role of OSD in the Department of Land Resources, which is part of the Ministry of Rural Development.  

Vandana Gupta Takes on the Role of Controller General of Communication Accounts

Vandana Gupta Takes on the Role of Controller General of Communication Accounts

Ms. Vandana Gupta has officially assumed the role of Controller General of Communication Accounts (CGCA) in New Delhi, marking a significant advancement under the Ministry of Communications and amid the ongoing Azadi Ka Amrit Mahotsav festivities. Her advancement to the Apex Grade highlights a career characterized by excellence, service, and leadership within India’s communications and financial administration sectors.Ms. Gupta is an officer of the Indian Post & Telecommunication Accounts and Finance Service (IP&TAFS) from the 1990 batch. She has occupied multiple key roles in various telecom circles, including Maharashtra, Delhi, Tamil Nadu, and Gujarat, over the past thirty years. Her positions at the headquarters of the Department of Telecommunications (DoT) and the Department of Posts (DoP) have showcased her profound comprehension of India’s communication infrastructure and financial governance.Ms. Gupta has also worked on central deputation in well-known national institutions beyond her home cadre. She served as the Principal Director at the Government Accounting Standards Advisory Board (GASAB), which operates under the Office of the Comptroller and Auditor General (CAG) in Delhi. Her extensive policy and administrative skills are evidenced by her time serving as Joint Secretary in the Ministry of Women and Child Development (MoWCD) and at the National Commission for Women (NCW). Her portfolio was further diversified by her time as the Controller of Finance at Guru Gobind Singh Indraprastha University (GGSIPU).As of September 22, 2025, Ms. Vandana Gupta occupies the position of Controller General of Communication Accounts. Having been inducted into the IP&TAFS in 1990, she has extensive experience in central ministries and state circles. She has previously held positions such as Principal Director at GASAB (CAG), Joint Secretary in MoWCD, and Finance Controller at GGSIPU. The CGCA supervises telecom finance, audits, and USOF operations.  

Mars has appointed Nitin Guleria as their Head of Media.

Mars has appointed Nitin Guleria as their Head of Media.

With effect from September 2025, Nitin Guleria has been appointed as Mars' new Head of Media. He has over 15 years of experience in worldwide media, marketing, and communications roles before joining the organization.Guleria most recently held the position of Deputy General Manager at Samsung Electronics, where he oversaw marketing and media campaigns for more than seven years in the consumer electronics and mobile industries. Prior to joining Samsung, he was the Director of Media at GroupM's Essence, where he oversaw cross-media planning for Google's hardware division, and the Account Director at Cadreon at Interpublic Group (IPG), where he focused on programmatic media strategy.He gained expertise in digital strategy and performance-driven marketing while starting his career in business development and client service with Optimise Media Group and then Shoogloo. Guleria is anticipated to enhance Mars' media strategy and promote significant consumer involvement in all markets thanks to her experience in media planning, campaign management, and integrated communications.Prior to Samsung, he was the Account Director at Interpublic Group from December 2014 to October 2016, where he oversaw programmatic advertising strategies, and the Director of advertising at Essence from October 2016 to July 2018, where he oversaw media planning for Google Home and Pixel campaigns.In his early career, Guleria worked in business development and client service for Optimise. From 2011 to 2013, he held managerial positions at OMG/Optimise Media Group, where he helped clients expand their mobile, display, and search campaigns.    

India's new ambassador to South Korea is Gourangalal Das.

India's new ambassador to South Korea is Gourangalal Das.

Gourangalal Das, a senior Indian Foreign Service officer, was named India's next ambassador to South Korea, a crucial East Asian strategic partner, in a major diplomatic move. At a pivotal moment when South Korea is becoming more significant in trade, technology, defense, and regional stability, and India is fortifying its relations throughout the Indo-Pacific, the appointment was made. Das now heads the delicate East Asia Division in the Ministry of External Affairs (MEA) as a Joint Secretary. He is well-positioned for his next role in Seoul thanks to his experience handling high-stakes negotiations, particularly with China.Indian Foreign Service (IFS) batch: 1999. Present Position: Joint Secretary, MEA, New Delhi, East Asia Division. Notable Contribution: Maintained the Eastern Ladakh border impasse, which has been going on since 2020, through talks between China and India. Das has played a key role in establishing India's diplomatic posture in the area as head of the East Asia Division, including interactions with China, Japan, the Koreas, and ASEAN nations. This appointment reflects India’s larger Act East Policy and Indo-Pacific strategy, which aim to deepen engagement with East and Southeast Asia. By assigning a senior official well-versed in East Asian affairs, India signals its intent to, Strengthen strategic cooperation with South Korea. Maintain a balanced diplomatic approach in a region increasingly influenced by US-China tensions. Advance supply chain diversification, especially in semiconductors and electronics. Das’s experience with China also brings valuable perspective to regional diplomacy, where Korean Peninsula tensions and China’s regional assertiveness remain core concerns.  

Felipe Carlos Jaramillo appointed EAP VP at the World Bank

Felipe Carlos Jaramillo appointed EAP VP at the World Bank

Carlos Felipe Jaramillo was named Vice President for the East Asia and Pacific (EAP) Region by the World Bank Group on September 15, 2025. With Singapore now serving as the regional hub, the appointment represents a dramatic change in the Bank's regional operations and reflects the institution's larger decentralization plan to enhance customer services and on-the-ground support.A Part That Has an International Effect Jaramillo will serve as the vice president of EAP. Oversee the Bank's interactions with 23 East Asian and Pacific nations. Oversee a portfolio worth over US$32 billion. Make human capital development, energy, digitization, and job creation your top priorities. In addition to stressing that the EAP region is a worldwide center for innovation and development, Jaramillo reiterated his dedication to collaborating closely with partners in order to achieve development impact and promote vibrant, inclusive communities. Verified Experience in Various Locations Prior to this position, Jaramillo was From 2020 to 2025, he served as vice president for Latin America and the Caribbean, managing activities worth US$41.5 billion in 31 nations. Director for East Africa, overseeing more than 80 projects totaling US$12 billion in development initiatives in Kenya, Rwanda, Somalia, Uganda, and Eritrea. Head of the Global Practice for Macroeconomics, Trade, and Investment, which supports the plan for global economic development. He has held high positions in the Colombian government, contributing a distinct viewpoint on macroeconomic reforms, governance, and public policy.Educational Background With an M.A. and Ph.D. in Development Economics from Stanford University, Carlos Felipe Jaramillo brings a wealth of analytical depth to his leadership in development operations and policy. Key Takeaways Carlos Felipe Jaramillo is his name. New Position: World Bank Vice President, East Asia and Pacific (EAP) Region Commencing on September 15, 2025 Base: Singapore (new regional center for EAP)  

India's fifteenth vice president will be C P Radhakrishnan.

India's fifteenth vice president will be C P Radhakrishnan.

C P Radhakrishnan, the governor of Maharashtra and an NDA candidate, will take over as India's next vice president. By a margin of 152 votes, he defeated former Supreme Court Judge B Sudershan Reddy, a candidate for the I.N.D.I.A. group. Following the vote count for the vice presidential election, Rajya Sabha Secretary General and returning officer P C Mody briefed reporters, stating that 767 Members of Parliament cast ballots out of 781 total electors. According to Mr. Mody, 752 of the 767 ballots were deemed valid, while 15 were deemed invalid.The vice presidential election was conducted in a free, fair, and orderly way, according to the secretary general of the Rajya Sabha. Following former Vice President Jagdeep Dhankhar's resignation due to health concerns, an election was held.The vice presidential election voting took place from 10 a.m. to 5 p.m. The first member to cast a ballot was Prime Minister Narendra Modi. In addition, a number of Union Ministers cast ballots, including Ashwini Vaishnaw, J.P. Nadda, Rajnath Singh, Amit Shah, Nitin Gadkari, and Shivraj Singh Chouhan. Speaker of the Lok Sabha Om Birla, Deputy Chairman of the Rajya Sabha Harivansh, JD (U) leader Sanjay Jha, JDS MP H.D. Deve Gowda, MP Shrikant Shinde of the Shiv Sena, NCP MP Praful Patel, and Jitan Ram Manjhi of the Hindustani Awam Morcha also voted. DMK MP Dayanidhi Maran, NCP (SCP) leader Sharad Pawar, Samajwadi Party MP Akhilesh Yadav, and Congress MPs Mallikarjun Kharge, Rahul Gandhi, and Sonia Gandhi all cast ballots on behalf of the opposition.Chandrapuram Ponnusamy Radhakrishnan, who was born in Tiruppur, Tamil Nadu, started his political career as a student leader. He actively participated in groups like Jan Sangh and the RSS. Since then, he has served the people through politics. He was elected twice from Coimbatore to the Lok Sabha. In addition, Mr. Radhakrishnan has held the positions of governor of Maharashtra, Telangana, Jharkhand, and Puducherry. He works as an industrialist and farmer and is respected for his honesty, foresight, and pure public life.  

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