Articles for tag: Aims, Approval, Banks, CEO, Crucial, Era, Growth, heralds, IndusInd, Kathpalias, Pending, RBI, reappointment, Sumant, Transformative

September 27, 2024

Sumant Kathpalia’s reappointment as IndusInd Bank’s CEO heralds a crucial era, pending RBI approval, as he aims for transformative growth.

IndusInd Bank has announced the re-appointment of Sumant Kathpalia as its managing director and chief executive officer for another three years, effective March 24, 2025, pending necessary approvals from the Reserve Bank of India and shareholders. Kathpalia has held the position since March 2020 and previously received a two-year extension in March 2023. Under his ...

September 25, 2024

Market News

Business

As ‘Make in India’ celebrates a decade, Modi highlights transformative growth, urging youth to elevate manufacturing excellence globally.

As the Make in India initiative celebrates its ten-year anniversary, Prime Minister Narendra Modi highlighted its significant achievements on LinkedIn and social media. He praised the hard work of Indians across various sectors that transformed this initiative into a global manufacturing hub. Key successes include an impressive rise in mobile manufacturing, with exports increasing by ...

September 25, 2024

Market News

Business

Biden and UAE’s Zayed discuss the transformative India-Middle East-Europe Economic Corridor, aiming for global connectivity and sustainable growth.

US President Joe Biden and UAE President Sheikh Mohamed bin Zayed recently discussed the India-Middle East-Europe Economic Corridor (IMEC) at the White House, highlighting its potential to enhance international connectivity and promote economic growth. Launched at the 2023 G20 Leaders’ Summit, this ambitious project aims to improve shipping and rail links between India, the UAE, ...

September 25, 2024

Market News

Business

In a pivotal interview, Hans Dekkers of IBM APAC highlights India’s vast AI potential and the transformative future ahead.

Hans Dekkers, the new general manager of IBM Asia-Pacific (APAC), took charge in August 2024, emphasizing India’s vast potential as the company’s largest Market in the region. In a recent interview during IBM’s flagship event, IBM Think, held in Mumbai, Dekkers shared his insights on key opportunities and strategic focus areas for the company. He ...

September 25, 2024

Market News

Business

SAP Labs India, under Sindhu Gangadharan, embraces a transformative AI journey, expanding its R&D footprint with a massive Bengaluru campus.

SAP Labs India, the largest R&D hub for SAP outside Germany, is actively expanding its operations with a new campus in Bengaluru aimed at driving global AI innovations. Managing Director Sindhu Gangadharan highlighted that the first phase of the EUR 80 million project is set for completion by Q2 2025. With 40% of SAP’s global ...

September 21, 2024

Market News

Business

Intel shares surged on takeover talks with Qualcomm, sparking hopes for a transformative deal in the struggling chip industry.

Intel Corp. shares surged following reports from the Wall Street Journal that Qualcomm Inc. has approached Intel for a potential takeover, which could set a record for the semiconductor industry. Although discussions are ongoing, a deal is far from certain. Intel’s stock rose 3.4% to $21.87 but remains down 56% for the year, reflecting ongoing ...

September 20, 2024

Market News

Business

Apple unveils iOS 18.1 public beta ahead of iPhone 16 launch, introducing transformative AI features, but access requires joining a waitlist.

Apple has launched the public beta of iOS 18.1, introducing exciting Apple Intelligence features for suitable iPhone models just ahead of the iPhone 16 series release. Available since September 19, 2024, this update includes AI-driven tools such as a notification summary, enhanced writing assistants in native apps, and an image editing feature that removes unwanted ...

September 16, 2024

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Business

Union Minister Piyush Goyal unveils BHASKAR, a transformative platform to unify India’s startup ecosystem and empower entrepreneurs.

Union Minister Piyush Goyal recently announced plans to establish a non-profit organization for the Start-Up India program, aiming to unify various initiatives under a single platform. During the launch of the Bharat Startup Knowledge Access Registry (BHASKAR), Goyal highlighted the need for a collaborative space where startups, investors, and government bodies can connect and share ...

September 16, 2024

Market News

Business

At the RE-INVEST 2024, PM Modi championed India’s ambitious renewable energy goals, highlighting transformative infrastructure and social initiatives over 100 days.

During the 4th Global Renewable Energy Investors Meet and Expo in Gandhinagar on September 16, 2024, Prime Minister Narendra Modi highlighted his government’s achievements in infrastructure and social development over the past 100 days. He discussed plans to construct 7 crore houses and announced initiatives to build new industrial cities and high-speed corridors. Emphasizing India’s ...

September 15, 2024

Market News

Business

ICRA ESG assigns its inaugural ESG rating to InCred Financial Services, signaling a transformative step towards sustainable investment in India.

ICRA ESG Ratings Limited has announced its first Environmental, Social, and Governance (ESG) rating for InCred Financial Services, a non-banking financial company. Recently registered as a Category-I ESG Rating Provider by SEBI, ICRA ESG aims to aid investors in understanding non-financial risks and opportunities. InCred received a rating of Impact 57, categorized as Moderate. This ...