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Harish Bhat, a cautious marketer who made difficult choices
Following 36 years of service, Harish Bhat retired from Tata Sons as the firm's Brand Custodian. He will continue to serve as an advisor to the company and as a non-executive director on the boards of Tata Starbucks, Trent, Infiniti Retail (Croma), and Tata AIA Life Insurance firm.Fali Vakeel Lowe Lintas Chairman Fali Vakeel stated that he has always appreciated working with Bhat. Bhat was fair and made difficult decisions, according to Vakeel, who called him the "embodiment of a client." When it came to job ethics, he was among the most equitable clients. The ability to be fair while still being able to make difficult decisions would be the one trait I would have to inherit from him.Vakeel and Bhat contributed to numerous Tanishq campaigns. When asked which of this association's campaigns he preferred, Vakeel replied, "It is hard to say which was my favorite, pretty much all of them were excellent." They highlighted the core of the brand and were incredibly attractive. Beyond work, Vakeel revealed that Bhat is a music lover and wasn't bashful about it. "Apart from being a pleasure to work with, he had a wonderful personality and was a great client."Parmeswaran Ambi Ambi Parmeswaran, a brand expert, remembers collaborating with Bhat on several important Tata Group projects. Parmeswaran said, "His simplicity and humility are what I really admire about him." the capacity to approach a problem from its most sympathetic angle. Along with being a very gifted and hardworking writer, he has penned several best-selling books and essays." Parmeswaran added, "Bhat has strong views about the role of brands and advertising in a changing society." "When I approached him to do an interview for my book 'Nawabs Nudes Noodles,' he was gracious with his time!" He has enjoyed that book as well, and I appreciate his good remarks about my other novels," Parmeswaran continued.
Prerna Korla becomes a Director of Communications for Asia Pacific at Mastercard.
Prerna Korla is a new Director of Communications for Asia Pacific at Mastercard. With over 15 years of significant experience, Prerna is a communication and PR specialist who has worked with leading Indian and international B2B and B2C brands. Prerna spent more than two years as Manager, Senior Communications at Microsoft before joining Mastercard.She was the Uber South Asia and India Consumer Communications Lead. Prerna has also collaborated with a number of PR companies, such as Edelman and MSL Group India. Prerna Korla has been appointed by Mastercard India as the director of communications for Asia Pacific. She leaves Microsoft after working there for two years as a senior communications manager. Korla updated her LinkedIn post on this development. Korla was the head of customer communications for a brief period of time at Uber before.
Rajat Diwakar is appointed CEO of iD Fresh Foods India.
Rajat Diwakar has been named CEO of iD Fresh Food's India division, the business announced on Friday. Diwakar worked as the Managing Director of Marico Bangladesh Limited before being hired by iD Fresh Foods. Additionally, he has over 20 years of experience leading FMCG companies.Leader of iD Fresh India, Rajat Diwakar Delhi, New: iD Fresh Food, a ready-to-cook packaged food firm, strengthened its leadership team on a national and international level on Friday by appointing industry veteran Rajat Diwaker as the India CEO and PC Musthafa as the Global CEO.Today, iD Fresh Food announced the appointment of Rajat Diwaker, a seasoned industry veteran, as the CEO for India. Rajat is a seasoned professional with more than 20 years of experience in the FMCG sector. He was the Managing Director of Marico Bangladesh Limited in his previous position. Additionally, he serves as a director on the board of Bangladesh's Foreign Investors' Chamber of Commerce and Industry (FICCI).In addition to continuing to lead the board of directors, PC Musthafa, who founded iD Fresh and served in that capacity for almost 20 years, now assumes the position of global CEO. Musthafa will be in charge of iD Fresh's worldwide market innovations, as well as international expansions, strategic acquisitions, the development of food-tech capabilities, and organizational culture inspiration.iD Fresh plans to designate specific Business Heads and CEOs for every international market as part of its expansion strategy. In actuality, the business is currently employing a US CEO. At present, more than one-third originates from sources outside of India. In 2024, the company intends to increase its presence in the current markets while branching out into new ones like Singapore and Australia.The global CEO of iD Fresh Food, PC Musthafa, commented on the most recent development, saying, "iD Fresh's journey has been incredibly rewarding so far, and we continue to make tremendous strides." I'm happy to have Rajat Diwaker join the iD Fresh team. I have no doubt that in the years to follow, we will accomplish greater things and win over more hearts under his capable and visionary leadership. And because of the unwavering support from customers that we have accumulated over the years, I am excited to lead the brand into new international markets as we set off on new experiences.
10club, a D2C firm, names Kavitha Rao as COO and cofounder.
Kavitha Rao has joined 10club, a direct-to-consumer (D2C) firm that specializes in the kitchen and home categories, as cofounder and chief operational officer. In October of last year, the company changed its focus from roll-up commerce to direct-to-consumer (D2C) branding. The announcement coincided with a slowing in the growth rates of acquired brands in the domestic market over the past year, which has affected the roll-up business as a whole.The company currently functions as a single brand, marketing its own goods both offline—through owned and third-party stores—and online. On the other hand, roll-up commerce businesses purchase numerous internet retailers and brands while frequently keeping their unique identities. They then attempt to enhance performance by means of improved management and pooled knowledge.According to 10club, Rao will oversee day-to-day operations, develop the company's category plan, and lead retail operations across both physical and online channels. Rao was managing director of Accenture's retail division before this. Rao told ET that the company's new goal is to open its first physical location in the first half of FY25. In addition to partnering with distributors to sell its products in large quantities, it is collaborating with D2C competitors like Wakefit to offer products in their stores.By the end of March 2023, 10club is expected to have an annualized revenue run rate of Rs 100 crore, according to Rao. The company is concentrating on generating sales in a profitable manner, he continued, without providing any additional information regarding the current profitability status.
Upcoming January 2024 films include Fighter, Main Atal Hoon, Merry Christmas, Kalki 2898 AD, and more.
January 2024 will see the release of several other movies, including He Went That Way, Lal Salaam, Guntur Kaaram, and Mean Girls. View the complete list by clicking the link below.Many film companies have a number of films scheduled for release in January 2024 as we start a new year. Movies like Fighter, Kalki 2898 AD, Merry Christmas, Main Atal Hoon, and more are highly anticipated by fans. We present to you an intriguing slate of movies that you should definitely see out in January 2024, as the list goes on. (Also Read: Year Ender 2023: Emergency, Emergency: Major Hindi movie releases of 2024, Fighter, Kalki 2898 AD to Merry Christmas). The late Prime Minister Atal Bihari Vajpayee is the subject of the planned biopic. The movie opens in theaters on January 19, 2024. Pankaj Tripathi plays the lead in Main Atal Hoon, which is directed by Ravi Jadhav. Ravi Jadhav and Rishi Virmani co-wrote the movie.
Tyagi Ravindra Kumar appointed Power Grid Corporations CMD
Sreekant Kandikuppa, who resigned at the age of superannuation, has been replaced as the new Chairman and Managing Director (CMD) by Ravindra Kumar Tyagi.Leading state-owned company Power Grid Corporation announced a major leadership transition on January 1. Sreekant Kandikuppa, who resigned at the age of superannuation, has been replaced as the new Chairman and Managing Director (CMD) by Ravindra Kumar Tyagi.Tyagi, who is 57 years old, brings a plethora of expertise and experience to his new position. He received his degree in Electrical Engineering from Punjab Engineering College (PEC), Chandigarh. He furthered his education by earning an M.Tech in Energy Studies from the esteemed IIT Delhi. Being recognized by Carnegie Mellon University in the United States as a "Fulbright Scholar" adds even more credibility to his academic background. Various Experiences in the Power Industry Tyagi, who has worked in the electricity industry for more than 33 years, has occupied a number of important roles in major public sector undertakings (CPSUs). His experience managing multifunctional projects in several business domains, such as asset management, engineering, and business development, both locally and internationally, has distinguished him during his time at POWERGRID. Director of Operations Contributions Prior to AscendingScholarly Input In addition to being a seasoned professional, Tyagi actively participates in the academic community. He has written more than fifty technical articles that have been presented at both national and international conferences. This facet of his professional background demonstrates his dedication to innovation and knowledge exchange in the power industry.
The new director of home guards, civil defense, and fire service is Vivek Srivastava.
Vivek Srivastava's appointment to the Ministry of Home Affairs' Director General of Fire Service, Civil Defence, and Home Guards was recently approved by the ACC.Vivek Srivastava, an experienced 1989-batch Indian Police Service (IPS) officer of Gujarat cadre, was appointed as the Ministry of Home Affairs' Director General of Fire Service, Civil Defence & Home Guards by the Appointments Committee of the Cabinet (ACC) recently.On December 28, the Department of Personnel and Training Issues an Official Order. The Department of Personnel & Training (DoPT) issued an order on December 28 making the decision official. This important appointment will begin on the day Srivastava assumes the role and run through June 30, 2025, or until additional directives are given, whichever comes first. The History of Vivek Srivastava With more than three decades of experience, Vivek Srivastava has had a distinguished career as an Indian Police Service (IPS) officer. Since joining the military in 1989, he has held a number of positions, demonstrating his commitment to public service and leadership abilities. Srivastava has a reputation for being devoted to maintaining law and order and has continuously shown competence in his jobs withinProspective Projects and Obstacles There will probably be a number of chances and difficulties during Srivastava's term in the new position. Organizing house guards, civil defense, and fire services requires careful planning and coordination. Srivastava will be crucial in guaranteeing the security and welfare of the populace in his capacity as head of these essential departments, especially in times of emergency and unanticipated circumstance.
Geetika Mehta is the new managing director of NIVEA India.
Leading manufacturer of personal hygiene products Nivea India has named Geetika Mehta as its new managing director. The famous brand made a calculated move with this important statement.The most recent managing director, Geetika Mehta, has extensive experience in the fast-moving consumer goods (FMCG) industry. Her career path includes a recent position as managing director of the massive candy company Hershey India, which she assumed in July 2021. Prior to joining Hershey, Mehta worked for almost twenty years at Hindustan Unilever Ltd., a significant participant in the consumer products sector, where she held a variety of positions in several divisions. a track record of success in international markets Mehta has a track record of successfully managing large-scale enterprises and growing small businesses. She has worked in a variety of areas throughout her career, including South Africa, Brazil, Thailand, and South Asia. Nivea's announcement showcases her vast experience and strategic vision, which flawlessly aligns with The Brand Portfolio and Ownership of Nivea Owned by Beiersdorf AG, a company established in Germany, Nivea boasts a broad range of brands that extend beyond personal hygiene. La Prairie, Hansaplast, Eucerin (cosmetics), and other brands are part of the roster. Furthermore, Beiersdorf is a well-known producer of technical adhesive tapes for the industrial, craft, and consumer markets through its fully owned affiliate Tesa SE. Important Financial Data and Beiersdorf AG's Worldwide Presence The Hamburg, Germany-based Beiersdorf AG reported strong sales of €8.8 billion for the fiscal year 2022. With more than 20,000 workers worldwide, the organization is clearly well-established in the global market. The Goals of Geetika Mehta for Nivea India Mehta gave her reflections on the new position as follows: "As we navigate the always changing skincare landscape, my focus will be on
Gwanggu Lee is named the new MD & CEO of Kia India.
Vivek Srivastava's appointment to the Ministry of Home Affairs' Director General of Fire Service, Civil Defence, and Home Guards was recently approved by the ACC.Vivek Srivastava, an experienced 1989-batch Indian Police Service (IPS) officer of Gujarat cadre, was appointed as the Ministry of Home Affairs' Director General of Fire Service, Civil Defence & Home Guards by the Appointments Committee of the Cabinet (ACC) recently.On December 28, the Department of Personnel and Training Issues an Official Order. The Department of Personnel & Training (DoPT) issued an order on December 28 making the decision official. This important appointment will begin on the day Srivastava assumes the role and run through June 30, 2025, or until additional directives are given, whichever comes first. The History of Vivek Srivastava With more than three decades of experience, Vivek Srivastava has had a distinguished career as an Indian Police Service (IPS) officer. Since joining the military in 1989, he has held a number of positions, demonstrating his commitment to public service and leadership abilities. Srivastava has a reputation for being devoted to maintaining law and order and has continuously shown competence in his jobs withinProspective Projects and Obstacles There will probably be a number of chances and difficulties during Srivastava's term in the new position. Organizing house guards, civil defense, and fire services requires careful planning and coordination. Srivastava will be crucial in guaranteeing the security and welfare of the populace in his capacity as head of these essential departments, especially in times of emergency and unanticipated circumstance.With immediate effect, Gwanggu Lee has been named as the new Managing Director and Chief Executive Officer of Kia India.With immediate effect, Gwanggu Lee has been named as the new Managing Director and Chief Executive Officer of Kia India. Gwanggu Lee, the company's new MD and CEO, succeeds Tae Jin Park, marking a significant change in the company's leadership.Changes at Kia India Gwanggu Lee will succeed Kook Hyun Shim and Tae Jin Park as Kia India's third MD and CEO. After a distinguished 36-year career with Kia Corporation and a noteworthy four-year tenure with Kia India, Tae Jin Park, the former MD and CEO, is retiring. The change is a reflection of the company's resolve to appoint experienced executives to drive its revolutionary path. Experience and Skill in Leadership Gwanggu Lee has a wealth of experience spanning over 30 years in the automobile industry. Throughout his long career, he has held leadership positions in both developed and developing economies in a variety of capacities. Key roles at Kia Headquarters in Central and South America, as well as the US, Canada, Italy, and Mexico, have been held by Lee. His
India Ambassador to Oman is Prashant Pise
Prashant Pise, a seasoned diplomat, has been named India's new ambassador to Oman. Currently holding the position of Additional Secretary in the Ministry of External Affairs, he is an officer in the Indian Foreign Service (IFS).Prashant Pise, a prominent diplomat from India, has been named ambassador to the Sultanate of Oman. Currently holding the position of Additional Secretary in the Ministry of External Affairs, Prashant is an Indian Foreign Service (IFS) official.Prashant Pise has been appointed as India's next ambassador to the Sultanate of Oman, according to the Ministry of External Affairs (MEA). He is an Indian Foreign Service officer from the 1995 batch who would take Godavarthi Venkata Srinivas' seat. India's envoy in Muscat is Godavarthi Venkata Srinivas, a prominent diplomat from the 1993 IFS batch.Prashant Pise is a highly experienced diplomat with decades of experience in Indian foreign policy and international relations. His diplomatic career includes important overseas assignments and policy roles. His first overseas posting was in Cairo, Egypt, from 1997 to 2000, where he gained early diplomatic experience in a crucial geopolitical region. He then served in Tripoli, Libya, until 2004, further expanding his engagement in the Middle East and North Africa before returning to New Delhi and serving as Deputy Secretary in the Ministry of External Affairs from 2004 to 2006. He has held important policy positions and international deployments during his diplomatic career. From 1997 to 2000, he got his first overseas assignment in Cairo, Egypt, where he acquired early diplomatic experience in a significant geopolitical area. Later, he expanded his involvement in the Middle East and North Africa while serving in Tripoli, Libya, until 2004. He returned to New Delhi and served as the Ministry of External Affairs' Deputy Secretary from 2004 to 2006.He led the Indian delegation at the 8th Ministerial Consultations of the Abu Dhabi Dialogue in Dubai in February 2026, demonstrating his ongoing involvement in labor mobility and international migration diplomacy. Prior to this new appointment, he served as Additional Secretary (Emigration Policy and Welfare) in the Ministry of External Affairs. This role is significant because it deals with overseas areas like Indian welfare, migration frameworks, and worker protection issues that are closely linked to Gulf nations where sizable Indian communities reside and work. This position is crucial because it deals with international issues that are closely related to the Gulf nations where sizable Indian communities reside and work, such as worker protection, Indian welfare, and migration frameworks. He headed the Indian delegation to the 8th Ministerial Consultations of the Abu Dhabi Dialogue in Dubai in February 2026, demonstrating his ongoing commitment to international migration diplomacy and labor mobility.
Indias Ambassador to Oman is Prashant Pise.
Prashant Pise, a seasoned diplomat, has been named India's new ambassador to Oman. Currently holding the position of Additional Secretary in the Ministry of External Affairs, he is an officer in the Indian Foreign Service (IFS).Prashant Pise, a prominent diplomat from India, has been named ambassador to the Sultanate of Oman. Currently holding the position of Additional Secretary in the Ministry of External Affairs, Prashant is an Indian Foreign Service (IFS) official.Prashant Pise has been appointed as India's next ambassador to the Sultanate of Oman, according to the Ministry of External Affairs (MEA). He is an Indian Foreign Service officer from the 1995 batch who would take Godavarthi Venkata Srinivas' seat. India's envoy in Muscat is Godavarthi Venkata Srinivas, a prominent diplomat from the 1993 IFS batch.Prashant Pise is a highly experienced diplomat with decades of experience in Indian foreign policy and international relations. His diplomatic career includes important overseas assignments and policy roles. His first overseas posting was in Cairo, Egypt, from 1997 to 2000, where he gained early diplomatic experience in a crucial geopolitical region. He then served in Tripoli, Libya, until 2004, further expanding his engagement in the Middle East and North Africa before returning to New Delhi and serving as Deputy Secretary in the Ministry of External Affairs from 2004 to 2006. He has held important policy positions and international deployments during his diplomatic career. From 1997 to 2000, he got his first overseas assignment in Cairo, Egypt, where he acquired early diplomatic experience in a significant geopolitical area. Later, he expanded his involvement in the Middle East and North Africa while serving in Tripoli, Libya, until 2004. He returned to New Delhi and served as the Ministry of External Affairs' Deputy Secretary from 2004 to 2006.He led the Indian delegation at the 8th Ministerial Consultations of the Abu Dhabi Dialogue in Dubai in February 2026, demonstrating his ongoing involvement in labor mobility and international migration diplomacy. Prior to this new appointment, he served as Additional Secretary (Emigration Policy and Welfare) in the Ministry of External Affairs. This role is significant because it deals with overseas areas like Indian welfare, migration frameworks, and worker protection issues that are closely linked to Gulf nations where sizable Indian communities reside and work. This position is crucial because it deals with international issues that are closely related to the Gulf nations where sizable Indian communities reside and work, such as worker protection, Indian welfare, and migration frameworks. He headed the Indian delegation to the 8th Ministerial Consultations of the Abu Dhabi Dialogue in Dubai in February 2026, demonstrating his ongoing commitment to international migration diplomacy and labor mobility.
Govt Very Much With Startups, Fintechs: FM Sitharaman
Finance Minister Nirmala Sitharaman on Wednesday assured the startup community of the central government's unwavering support amidst regulatory scrutiny faced by some of the country's leading startups in recent times.Addressing concerns raised by startups, particularly in the Fintech sector, during a media event in Bengaluru, Sitharaman stressed the importance of regular support and clarifications from regulators to facilitate innovation without being bogged down by governance and compliance issues. Sitharaman revealed that she had a meeting with combined representatives of many startups a “couple of days ago” to understand the concerns after they wrote a letter to the FM. She acknowledged the anxieties expressed by startups during a recent interaction and said, “I’ve had an interaction with startups, particularly the Fintech ones, to understand with what anxiety they wrote that letter to me. It was a fantastic conversation.” She said that there was a need for startups to have dedicated support teams for compliance matters, ensuring that innovation efforts remain unhindered. “I was very glad they voiced the concerns and they may indirectly come out of what is happening. But the regulators were all there with me and they have really understood and they've connected with them,” Sitharaman remarked. “Let me be upfront and say the concerns were not emanating from Paytm’s issues. It was more on regular support that they may need from the regulators, clarifications, which are periodically required, because their core business is not governance and compliance related issues,” she added.It is believed that this meeting had happened in the wake of the RBI’s action against Paytm Payments Bank, which has heightened attention on regulatory compliance within the fintech startups in India. The meeting saw representatives from various prominent entities in both the private and public sectors in attendance. Among those representing the private sector were individuals from notable companies such as Policybazaar, MakeMyTrip, Razorpay, PhonePe, Google Pay, Amazon Pay, CRED and venture capital firm PeakXV. Additionally, key figures from the public sector, including SBI Chairman Dinesh Khara and officials from NPCI, Canara Bank and Bank of Baroda, were reportedly also present. During the Bengaluru event, the Finance Minister said she had proposed practical solutions to address startup concerns, suggesting monthly virtual conferences with regulators like the Reserve Bank of India (RBI). Sitharaman said, “I did tell the RBI that once in a month on a dedicated day, they should do a virtual conference with startups, particularly Fintechs, so that they can answer questions and after that put that as a FAQ, so that others who did not attend, can (still) benefit from it.” Sitharaman reassured startups that the government stands firmly behind them and said, “The government is very much with these startups. We want you to be assured that you will be given all assistance." She ended by stressing on the need to simplify compliances and provide necessary assistance to ensure a conducive environment for startups to thrive. Earlier on Wednesday, The Reserve Bank of India (RBI) introduced an elaborate framework for a 'regulatory sandbox,' aimed at creating a secure environment for emerging fintech startups to experiment with their product ideas before launching them in the market. In a statement issued by RBI, the central bank said that a sandbox setup will enable regulatory authorities to collaborate with startups and formulate regulations that foster innovation, thereby facilitating the provision of cost-effective financial products. The oversight of this sandbox initiative will be under the purview of the fintech division within the RBI.
BJP can win ‘double digit’ number in Kerala if…: Shashi Tharoor crunches number ahead of Lok Sabha polls 2024
Mocking BJP's claim that it will secure seats in double digits in Kerala in the upcoming Lok Sabha polls, Shashi Tharoor stated on Wednesday, that the only way they could achieve a ‘double digit’ in Kerala would be by obtaining two zeros."Otherwise, there is only one digit coming the BJP's way in Kerala, and that is zero," Tharoor told media. Prime Minister Narendra Modi, during his speech at the BJP meeting in the state, urged voters to vote for the saffron party so that it can win double digits in the upcoming Lok Sabha polls 2024. Commenting on the claim, Thiruvananthapuram MP told ANI, “"I don't think the BJP is going to win a single seat in Kerala. Their strongest performance has always been in Thiruvananthapuram... I am not expecting that they will be anything better than that this time around either. Everywhere else, we have strong candidates." The Thiruvananthapuram MP cited that BJP's reach in Kerala is limited as the saffron party is yet to understand the culture and history of the state. He adds, "I think the BJP's support base is limited in our state. Their kind of appeal is based on Hindutva, Hindi, Hindu and Hindustan- their kind of message does not fly very well here in Kerala." Noting that people of different faiths cohabit peacefully, he said, as reported by PTI, "We have had more than 2,000 years of living together. Our relationship with each other is one of welcome and acceptance," Tharoor said. Kerala welcomed Jews when they came here after the destruction of the First Temple by the Babylonians, which is about 500 years before Christ was born.“Today, Jews tell me this is the only Jewish Diaspora that never knew a single instance of anti-Semitic persecution in the world." On the Christian and the Muslim community in the state, he added, “Similarly, Christianity came with St Thomas, St Thomas of the apostles, it was again welcomed and spread. Then we had Islam coming, not by the sword." “You see, the problem in the north is that they think their history is the only history. We have traders from the Arab world coming to Kerala centuries before the Prophet, and they brought the message of the Prophet as news from their peninsula"
Rajya Sabha Election 2024: Congress seeks disqualification of 6 MLAs who cross-voted, say sources
Rajya Sabha Election 2024: The Congress party has moved Himachal Pradesh Speaker seeking disqualification of six rebel MLAs who cross-voted on Tuesday, according to sources.The move comes a day after these six MLAs cross-voted and helped BJP candidate Harsh Mahajan win a Rajya Sabha seat from the hill state. Congress is in power in Himachal Pradesh and has 40 MLAs, besides the support of three independent MLAs, in the 68-member house. Despite the numbers, the Congress candidate Abhishek Manu Singhvi lost the Rajya Sabha seat. Singhvi conceded his defeat and 'thanked' the MLAs who cross-voted leading to the victory of Harsh Mahajan. Victory tilted towards Mahajan after a draw of lots was held as a tie-breaker. "I would also like to thank the nine persons (MLAs) because they have taught me a lot about human nature, its fickleness or its resoluteness. They supped with us...So, I think we are bad judges of human character, they are obviously better judges of human character," he said.The cross-voting by the MLAs has left the state government in crisis with the Opposition BJP claiming that the Congress government has lost the majority in the house. Seeking disqualification of rebel MLAs is seen as ruling party's move to save its government. Himachal Pradesh Assembly Speaker Kuldeep Singh Pathania met Governor Shiv Pratap Shukla at Raj Bhavan on Wednesday amid political upheavals in the state. The development comes amid a buzz over the BJP bringing a motion of no-confidence in the assembly against the Congress government in the state during the state's Budget Session which is set to begin today. The Congress has 40 MLAs while the BJP has 25 in the 68-member Himachal Pradesh state assembly. The remaining three seats are held by independents.
Maryam Nawaz Becomes First Woman Chief Minister of Punjab
"Maryam Nawaz of the PML-N is elected as Pakistan's first female chief minister despite protests and postponements. With 220 votes, she defeated challenger Rana Aftab Ahmed Khan in an overwhelming win. Maryam Nawaz, a prominent figure in the Pakistan Muslim League-Nawaz (PML-N) party and the daughter of former prime minister Nawaz Sharif of Pakistan, has made political history by becoming the first female chief minister of Punjab province. Election Win Despite Opposition Absence parliamentarians' Walkout: Despite the parliamentarians from Imran Khan's party-backed Sunni Ittehad Council (SIC) abstaining from voting, Maryam Nawaz emerged victorious in the chief ministerial elections. Defeat of Opponent: In the election, she defeated Rana Aftab of the SIC, which was sponsored by the PTI. This was a major political victory in the politically vital Punjab province. Oath Ceremony: Opening the Door for Female Leadership Historic Oath: Maryam Nawaz, a 50-year-old senior vice president of the Pakistan Medical Association, formally took the oath of office as Punjab's chief minister, ushering in a historic chapter in the country's political history. Daughter of three-time former prime minister Nawaz Sharif, senior PML-N leader Maryam Nawaz was chosen to run Punjab province on February 26, making history as the first female chief minister of a province in Pakistan. She called the position a ""honour"" for all women in the nation. In the middle of a walkout by parliamentarians from the Sunni Ittehad Council (SIC), which is sponsored by former prime minister Imran Khan's party, Maryam, a 50-year-old senior vice president of the Pakistan Muslim League-Nawaz (PML-N) party, emerged victorious in the chief ministerial elections. On Monday, Maryam Nawaz, 50, the daughter of former Pakistani prime minister Nawaz Sharif, took office as the country's first female chief minister of West Punjab. After winning the race for chief minister and taking the oath of office on Monday, Maryam, the senior vice-president of the Pakistan Muslim League-Nawaz (PML-N), declared in her first speech in the Punjab Provincial Assembly that it is the ""victory of every woman, every mother, and every sister."" As she spoke, a picture of her late mother Kulsoom appeared by her side. ""This triumph is not solely mine today. It is the triumph of every mother and woman.and hopefully I won't be the last. Even after I'm gone, women should continue to win, she continued. "
Geeta Batra’s Historic Appointment to the World Bank’s GEF
"Renowned Indian economist Geeta Batra has been named Director of the World Bank's Global Environment Facility (GEF) Independent Evaluation Office (IEO). Batra's selection is a noteworthy achievement because it makes her the first woman from a developing nation to hold this esteemed position. History and Profession Geeta Batra, who is 57 years old, brings a plethora of knowledge and experience to her new role. She was the GEF's IEO's Chief Evaluator and Deputy Director for Evaluation before being appointed to this position. Her work has been marked by a strong dedication to environmental development and sustainability, with an emphasis on using assessment as a tool to increase the effectiveness of environmental efforts. The Procedure for Appointments At the 66th GEF Council Meeting, held in Washington on February 9, there was a unanimous recommendation that Batra be appointed to the directorship. The announcement, which was made last week, was well welcomed and demonstrated the support that the world community has for her vision and leadership skills. Importance of the Scheduling Batra's appointment is a source of pride for developing countries as well as a personal accomplishment. It highlights the growing acknowledgement of women's leadership roles in international organizations and heralds a progressive change toward more inclusive and diverse representation. The Part to Play In her capacity as the GEF's Director of the IEO, Batra will be essential in determining the course of international environmental initiatives and policy. She will be in charge of making sure the GEF's initiatives and programs are evaluated to the highest possible standards of sustainability and efficacy. Under her leadership, the IEO is anticipated to further its goal of supporting sustainability and environmental health by thorough assessment and tactical direction. "
Government Appoints A S Rajeev, former MD and CEO of Bank of Maharashtra, as Vigilance Commissioner
"A S Rajeev, a former CEO and managing director of Bank of Maharashtra, has been named by the government to the position of Vigilance Commissioner at the Central Vigilance Commission (CVC). Details of the Appointment A S Rajeev left his role as CEO and Managing Director of Bank of Maharashtra on his own volition. Rajeev's plea to retire has been approved by the Department of Financial Services. A notification (no. 13/8/2016-BO.I) dated February 22, 2024, was used to make the appointment. The Central Vigilance Commissioner and two other Vigilance Commissioners make up the Commission's three members, as stated in the Central Vigilance Commission Act. Maharashtra's ank Declaration A S Rajeev's appointment to the position of Vigilance Commissioner at the Central Vigilance Commission was confirmed by a regulatory document filed by the Bank of Maharashtra. A S Rajeev was the CEO and Managing Director of Bank of Maharashtra, a public sector bank, before this assignment. Rajeev voluntarily decided to step down as the CEO and Managing Director of Bank of Maharashtra last week. A letter from the Department of Financial Services (DFS) states that his request has been approved by the appropriate authorities. "
Shehbaz Sharif to be Pakistan PM and Asif Ali Zardari President
"The Pakistan Peoples Party (PPP) and the Pakistan Muslim League-Nawaz (PML-N) have agreed to share power. The Pakistan Muslim League-Nawaz (PML-N) and the Pakistan Peoples Party (PPP), two influential political parties in Pakistan, have made the decision to share power. This implies that Asif Ali Zardari would become President and Shehbaz Sharif will resume his role as Prime Minister. It's similar to when two captains from opposing teams agree to collaborate in order to win. Resolving a Political Impasse Pakistan's political landscape seems somewhat stagnant following the February 8 elections. In the National Assembly, which is the main decision-making body of the nation, no party was able to secure enough members for a clear majority. With 79 seats, the PML-N and the PPP, with 54 seats, came in third. However, the Muttahida Qaumi Movement Pakistan (MQM-P) with its 17 seats provide them with sufficient backing to establish a government. Significant Obstacles to Come Having established who is in command, they now have some difficult issues to resolve. Pakistan's financial status is precarious; last year, they just escaped going bankrupt due to a sizable loan from the International Monetary Fund (IMF). They also have to cope with safety concerns, particularly since the Taliban have been causing trouble in Afghanistan since 2021. Putting What's Important First Asif Ali Zardari and Shehbaz Sharif have a lot on their plates. They must ensure that the nation's economy. "
Ashish Vijayakar Appointed as MD & CEO of SBM Bank India
"Ashish Vijayakar said, ""I want to express my gratitude to the Board for giving me the leadership role in guiding SBM Bank India towards the next phase of growth."" With effect from February 17 for a period of three years, Ashish Vijayakar has been named Managing Director and Chief Executive Officer of SBM Bank India. The statement was released on Friday. A division of the State Bank of Mauritius is SBM Bank India. The appointment was made in compliance with the sanction given by the Reserve Bank of India (RBI) in a letter dated February 6, 2024, according to a statement. Vijayakar is a seasoned banker, having worked in the banking and financial services sectors for nearly thirty years. He has previously served as Standard's MD and Co-Head. Ashish Vijayakar has been named as the Managing Director and Chief Executive Officer (MD & CEO) of SBM Bank India. Ashish Vijayakar has been appointed as the Managing Director & Chief Executive Officer (MD & CEO) of SBM Bank India, a subsidiary of the State Bank of Mauritius. The Reserve Bank of India (RBI) has authorized the appointment in accordance with a letter dated February 6, 2024, and it will take effect on February 17, 2024. Knowledge and Skill. In his new position, Ashish Vijayakar brings a breadth of experience, especially in the areas of risk management, innovation, business transformation, and adjusting to shifting business conditions. His broad expertise and varied skill set make him an excellent choice to guide SBM Bank India through its subsequent stage of expansion and improvement. Background in Education Ashish Vijayakar is certified as a chartered accountant (CA) by the Institute of Chartered Accountants of India and has a Bachelor of Commerce degree from Bombay University. He also holds an LLB (General) degree from Bombay University, proving his dedication to lifelong learning and career advancement. Key lessons learned from all competitive exams SBM Bank in India Founded on December 1, 2018; Mumbai, India serves as the headquarters of SBM Bank India. ""We are confident that Ashish, along with the current management team, will reinforce the existing bonds between the bank and its stakeholders and provide seamless continuity to the service to our customers while enhancing the spectrum of strategic endeavors of the bank with his expertise,"" stated Sattar Hajee Abdoula, Chairman of SBM Bank India. His vision and unrelenting commitment to excellence are a perfect fit with our goals and desires."
Reliance Industries is set to launch Hanooman a ChatGPT-style AI service
"Mukesh Ambani's Reliance Industries is about to launch ""Hanooman,"" a ground-breaking ChatGPT-like service, in association with some of the top engineering schools in the nation. Next month, Reliance Industries, under the leadership of Mukesh Ambani, will launch ""Hanooman,"" a ground-breaking ChatGPT-like service, in partnership with some of the top engineering schools in the nation. With the potential to usher in a new era of digital innovation and accessibility, this program represents a critical turning point in the development of AI capabilities within India. Teamwork at its Foundation. Reliance Jio Infocomm, Center, and multiple Indian Institutes of Technology (IIT), particularly IIT Bombay, collaborated closely to build ""Hanooman."" This joint venture, involving a group from Reliance and eight partner universities, highlights the cooperation between India's top business force and its universities are pushing the boundaries of technology. An Advance Look at ""Hanooman"" The capabilities of ""Hanooman"" were demonstrated to delegates of a recent technology conference in Mumbai. A banker conversing with the AI in Hindi, a motorcycle mechanic communicating with it in Tamil, and a Hyderabadi developer utilizing it to code were among the demonstrations. This preview demonstrated ""Hanooman's"" competence managing intricate relationships in a range of professional domains. Multicultural and Diverse. Hanooman's ability to function in 11 local languages and serve a variety of industries, such as healthcare, governance, financial service. With its speech-to-text and multilingual capabilities, ""Hanooman"" is positioned as an extremely adaptable and user-friendly AI model that is prepared to completely change India's digital environment. India's AI Future - The release of ""Hanooman"" coincides with a period of significant expansion for the AI industry in India, as companies like Sarvam and Krutrim—supported by well-known investors like Lightspeed Venture Partners and Vinod Khosla's fund—are also attempting to develop open-source AI models customized for the Indian environment. With aspirations to create unique models for particular applications through ""Jio Brain,"" Reliance Jio's vision goes beyond ""Hanooman"" and uses AI to improve its offerings for its roughly 450 million subscribers. An Unusual Public-Private Collaboration. The idea of BharatGPT is an innovative example of a public-private partnership; it brings together important players from various sectors to collaborate on developing and implementing AI solutions that are specifically tailored to India's need. This collaborative model not only demonstrates the potential for creativity, but it also establishes a standard for the nation's future technical accomplishments. "
Next-gen reforms top of agenda for govts third term: FM Sitharaman
Finance Minister Nirmala Sitharaman on Tuesday said the next-generation reforms would be on top of the government’s agenda in its third term. The plan will touch upon factors of production, such as land, labour, capital, and entrepreneurship, along with digital infrastructure. Her statement comes a day after she met startup and fintech ecosystem stakeholders to address their concerns and encourage them to continue innovations while keeping a close watch on regulatory norms. “The reforms will touch on all factors of production — be it land, labour or capital. I’ll also add one, which may not fit into the traditional definition of what factors of production are, and that is digital infrastructure,” she said at the Federation of Indian Chambers and Commerce of Industry’s national conclave on Viksit Bharat@2047: Viksit Bharat & Industry. The government, she said, was looking at investment and innovation in artificial intelligence, policy support for expanding the space sector and semiconductor, precious metals and their warehousing as well. It will also ramp up investment in the logistics sector that has immense untapped potential along with tourism. She said India had shown how public investment is creating digital infrastructure at the bottom, and scaling it up has given the country the proverbial India stack — building it up brick by brick. “The reason why the prime minister is confident that a third term (for the government) is going to ensure India reaches the level of the third- largest economy is because of the push in these areas. Not just fiscal push, but legislative and other push as well,” Sitharaman said. During the Group of 20 (G20) summit, the finance minister said, countries expressed their appreciation of what India had done in terms of spreading the digital public infrastructure and its virtue in scaling up the development goals. “This is your modern day factor of production, without which you won't be able to scale up and bridge the gap between those who are still aspiring to develop and move forward,” she said. Pushing the industry to increase investments, Sitharaman said they should move forward with a great speed if global investments are coming in and look for greater joint venture partners around the world. “They’re coming in because they see prospects here…It is time for Indian industry to join this game in a big way,” she added.
