[ad_1] BENGALURU: Wipro has appointed Malay Joshi as the CEO of its Americas 1 strategic market unit, effective immediately. Joshi succeeds Srini Pallia, who was appointed as CEO and MD of Wipro on Saturday.Joshi will also join Wipro’s executive board. He was previously the senior vice president and business unit head, leading communications, media, tech,…
[ad_1] BENGALURU: The leadership transition at Wipro occurred earlier than anticipated, while LTIMindtree is currently engaged in succession planning. Both organisations seem to favour internal candidates for the CEO position.As Debashis Chatterjee‘s tenure as LTIMindtree CEO will end next year, two internal candidates are competing for the role: COO Nachiket Deshpande and president of sales…
[ad_1] MUMBAI: HDFC Bank’s mortgage business head Arvind Kapil has filed papers to take charge as MD & CEO of Poonawalla Fincorp. Kapil is a 25-year veteran of HDFC Bank and was placed in charge of the legacy housing finance business of HDFC after its merger with the bank last year.“Given the sheer size of…
[ad_1] NEW DELHI: Revenue of REA India, owner of Housing.com and PropTiger, rose 21 per cent to Rs 238 crore during latest July-December period on strong demand of residential properties, its CEO Dhruv Agarwala said. The company would continue to invest in new products, technologies and branding-marketing activities to further grow its business and establish…
[ad_1] New Delhi, Billionaire Gautam Adani on Saturday met Uber CEO Dara Khosrowshahi, who is currently on a visit to India, and hinted at possible future collaborations between his conglomerate and the ride-hailing app. Taking to X, both business leaders appreciated their conversation on the Indian growth story and their vision for the subcontinent. “Absolutely…
[ad_1] MUMBAI: Axis Bank, which claims leadership in the merchant acquiring space, is in talks with Paytm regarding partnerships across business lines. The bank, which has partnered with Paytm earlier, is now discussing newer areas for collaboration following RBI’s action against Paytm Payments Bank in Jan.Axis Bank MD & CEO Amitabh Chaudhry told reporters that…
[ad_1] Microsoft chairman & CEO Satya Nadella says the ministry of IT’s sponsorship of the multilingual speech-to-text and text-to-speech stack is very impressive; predicts it will enable creation of incredible innovations like allowing students to summon AI tutors just in timeSatya Nadella, born and raised in Hyderabad, was appointed CEO of Microsoft on February 4,…
[ad_1] DBS Group Holdings Ltd slashed Chief Executive Officer Piyush Gupta’s compensation by S$4.1 million ($3 million) after the lender suffered a series of digital banking outages last year and was reprimanded by the central bank.The pay cut, announced on Wednesday alongside DBS earnings, represents a 30% reduction in variable pay for Gupta, one of…
[ad_1] BENGALURU: Artificial intelligence startup Krutrim, founded by CEO of Ola Electric Bhavish Aggarwal, has raised $50 million in the first funding round at a valuation of $1 billion, the company said in a blog post on Friday. It added that venture capital fund Matrix Partners India led the funding round, without giving further details….
[ad_1] MUMBAI: Small banks are finding it tough to appoint new CEOs. They need an executive who can lead a digital transformation but paying such candidates top-tier salaries is a challenge for some small lenders. Even if they have the financial muscle, they still have to adhere to salary and banking experience constraints set by…
