Zee Learn, the educational division of Essel Group, today said it has appointed Seshasai KVS as its new Chief Executive Officer.
Prior to joining Zee Learn, Seshasai KVS was a Business Head at Reliance Brands, the company said in a release issued here.
"We welcome Seshasai KVS as the new CEO. We are confident that Seshasai's experience in varied functions will give a fresh impetus to the company and accelerate our growth in the coming years," Zee Learn Chairman Subodh Kumar said.
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Polaris bags 2013 DSCI Excellence Award * Financial Technology company Polaris has bagged the Excellence Award in Security 2013 under the Information Technology Category organised by the Data Security Council of India(DSCI).
"Data Security Council of India has named Polaris Financial Technology as winner of 2013 DSCI Excellence Award in Security in IT services (Large) category," Polaris Financial Technology said in a statement.
The award was presented to Polaris in recognition for its efforts in the area of information security and for establishing security processes for its corporate clients, it said.
"We are proud to receive the DSCI Excellence Award. We are very happy that our commitment to security has been recognised by the Government of India," Polaris Financial Technology Ltd, Chief Information Security Officer, Madhu K said.
DSCI Excellence Awards instituted by Data Security Council of India (an initiative of NASSCOM) in 2011, the statement added.
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Appejay Shipping acquires gearless Panamax * Apeejay Shipping, from the Apeejay Surrendra Group, today said it added a new gearless Panamax bulker, taking its fleet to eight dry bulk vessels.
The China-made, 2000 model ship APJ Mahadeva, with 74,677 DWT capacity, was acquired for USD 13.205 million (around Rs 82.2 crore), the company said in a statement issued from Kolkata, adding that its last acquisition in July 2013.
With these two ships, Apeejay Shipping has a capacity of 4.84 lakh deadweight-ton (DWT), with an average age of 11 years.
The company, set up in 1948, currently operates only in dry bulk cargo segment and its debt-equity ratio is 0.45:1.
Apeejay Shipping is part of the over Rs 6,000-crore Apeejay Surrendra Group.
