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PNB MetLife elevates AK Srivastava as MD & CEO

Press Trust of India  |  Mumbai 

: Private life insurer PNB MetLife has elevated Ashish Kumar Srivastava as is new MD and CEO.

Srivastava comes with extensive experience in multiple disciplines, including strategy, HR, project management and operations, infrastructure, administration and communications, Chris Townsend, chairman of the board at PNB MetLife, said.


Srivastava joined PNB MetLife in 2013 as the head of HR and then moved to in 2015 to head the HR at MetLife Middle East & (MEA). Prior to joining PNB MetLife, he was a director on the board of HSBC Canara Oriental Life.

Centrum offers spl services to students overseas

Mumbai: Leading standalone dealr Centrum has entered into an alliance with TasaaAsia, a leading player in international education and career counselling in South Asia, to offer money exchange and remittances related services to students travelling abroad for education.

Under the alliance, TasaAsia will refer Centrum's services for remitting the university fees and related expenses to students they counsel.

TasaaAsia has advised over 5 lakh students and sent over 21,000 for higher studies abroad since 2000. The alliance will add another value added service to the bouquet of offerings from it.

Centrum is the market leader in servicing students travelling overseas for education with a market share in overseas education segment is over 20 per cent, TC Guruprasad, CEO & MD, Centrum Direct, the holding company of Centrum Forex, said.

Intel India trains 9,500 developers, students, profs in 90 cos

Mumbai: Intel India has trained 9,500 developers, students, professors in 90 organisations over the past six months as part of the cloud developer programme involving artificial intelligence.

Prakash Mallya, managing director for sales & marketing at Intel India, said "In April this year, we made a commitment at the India AI day, to democratise AI here by training 15,000 developers. Already as of today we have trained 9500 developers, students, and professors, across 90 organisations to ensure that India is not only AI ready but already delivering results."

He was addressing the cloud developer day today in Banglaore organised by the the largest chip maker which was attended by more than 400 developers.

ICICI Bank commits Rs 10 cr to armed forces' welfare

Mumbai: ICICI Bank has committed Rs 10 crore financial assistance to the armed forces over a two year period ending next year for their welfare.

The contribution will be utilised towards the welfare needs of the widows and children of ex-servicemen, who have lost their lives guarding the nation, the bank said.

The contribution will payable in two equal tranches this year and next year, bank's head Chanda Kochhar said. She also handed over a Rs 5 crore draft to defence minister Nirmala Sitharaman.

This fund will be used for two programmes to support the daughters of the armed forces. The first will be towards the PG education of the widows of ex-servicemen and also to support education for their wards while the second scheme will be to provide financial assistance towards marriages of the daughters of the ex-servicemen.

Essel Infraprojects commissions 55 mw solar projects

Essel Infraprojects, a part of the Essel Group has commissioned 55 mw capacity of solar projects in UP and Karnataka, taking it overall installed capacity 165 mw.

Essel Infra will commission an additional 60 mw capacity project in Karnataka in the next 45 days, the company said in a statement, adding it has an additional 520 mw under contruction in UP, Odisha and Karnataka.

Of the latest commissioning 50 mw is at Jalaun in UP and 5 mw at Bijapur in Karnataka.

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Mon, October 09 2017. 17:22 IST
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