Salil S Parekh appointed as new CEO and MD of Infosys

Salil S Parekh has been appointed as the new Chief Executive Officer (CEO) and Managing Director (MD) of Infosys, with effective from January 2, 2018. Parekh joins Infosys from Capgemini, where he was a member of the Group Executive Board. ..

SBI launches a unified integrated app YONO (You Need Only One) for financial services

The State Bank of India (SBI) has recently launched a unified integrated app YONO (You Need Only One) that would offer all kinds of financial and lifestyle products. The omni-channel platform will allow customers to meet their lifestyle needs across ..

IKEA launches its first experiential centre “IKEA Hej HOME’ in India

IKEA, the Swedish furnishing retailer, has launched its first experiential centre “IKEA Hej (Hello) HOME’ in India at Hyderabad. The Hej Home, designed and set up over a six-month duration, highlights what the retailer stands for and what to expect ..

Chakravarthi AVPS appointed as new ambassador of World Packaging Organisation (WPO)

Chakravarthi AVPS, Hyderabad-based packaging professional, has been appointed as Ambassador of World Packaging Organisation (WPO) at the 99th board meeting of WPO in Rio de Janeiro, Brazil. The recognition is bestowed on him for his contribution to the Indian and ..

Sethurathnam Ravi appointed new chairman of Bombay Stock exchange (BSE)

Sethurathnam Ravi, the noted chartered accountant, has been appointed as the new Chairman of the Bombay Stock Exchange with effect from November 13, 2017. Ravi succeeded Dhirendra Swarup. Presently, Ravi serves as a Director on boards of various companies such ..

RBI to make LEI compulsory for companies with over Rs 5 crore exposure

The Reserve Bank of India (RBI) will soon make Legal Entity Identifier (LEI) compulsory for companies having aggregate fund-based and non-fund based exposure over Rs 5 crore. Before this, RBI made LEI mandatory for transactions in interest rate, forex and ..

Suresh Sethi appointed as new MD & CEO of India Post Payments Bank (IPPB)

Suresh Sethi, the former MD of Vodafone M-Pesa Ltd., has been appointed as the new Managing Director & Chief Executive Officer (MD & CEO) of India Post Payments Bank (IPPB). He succeeded A.P. Singh, who had been the interim MD ..

Jayant Rikhye to be new chief executive of India operations of Hongkong and Shanghai Banking Corp. Ltd (HSBC)

Jayant Rikhye has been appointed as the new chief executive of India operations of Hongkong and Shanghai Banking Corp. Ltd (HSBC). He will take charge from 1 December and will succeed Stuart Milne. Currently, he is HSBC’s international head for ..