Page 10 - People

CII President Rajiv Memani flags need for govt support in critical sectors

Rajiv Memani, president of the Confederation of Indian Industry and regional managing partner of EY Africa India region speaks on the challenges and opportunities facing India Inc

Kiran Mazumdar-Shaw names niece Claire Mazumdar as successor at Biocon

Biocon founder Kiran Mazumdar-Shaw outlines a five-year transition plan, naming niece Claire Mazumdar as successor to lead the company's next growth phase

Who is Claire Mazumdar, Kiran Mazumdar-Shaw's chosen successor for Biocon?

Claire Mazumdar, founding CEO of Bicara Therapeutics, has been named as successor to Biocon founder Kiran Mazumdar-Shaw, with a gradual leadership transition planned.

Carrier eyes $1 billion India revenue by decade-end: David L Gitlin

David L Gitlin, chairman and chief executive officer, Carrier Global, speaks about the company's plans to reach $1 billion in India revenue by the end of the decade

Strategy remains focused on volume-led penetration growth: Nestle India CMD

At this point, two channels are growing faster for us: quick commerce and rural, says Manish Tiwary

Canara HSBC Life Insurance to expand tieups, says MD & CEO Anuj Mathur

Canara HSBC Life Insurance plans to reduce reliance on Canara Bank as it scales alternate distribution channels and sustains growth momentum

Retail, agri credit growth pace to continue: Indian Bank MD & CEO

Indian Bank's CEO flags continued deposit pressure and cautious margin outlook even as credit growth and asset quality remain stable

West Asia crisis does not change long-term growth outlook: Chirag Setalvad

Near-term earnings may face pressure from geopolitical risks and oil prices, but improved valuations and strong fundamentals keep India's long-term equity story intact

The gap between banks and fintechs is narrowing, says Rishi Verma

AI is narrowing the gap between banks and fintechs, driving faster decisions, better risk management and a convergence of scale, agility and trust

Plan is to front-load ECL related provisions: Indian Overseas Bank MD & CEO

Indian Overseas Bank plans to front-load ECL provisions while sustaining credit growth, backed by strong retail, MSME, and agriculture lending momentum

Infosys appoints Nitin Paranjpe as non-executive vice chairman

IT major elevates independent director to board role; also reclassifies Shreyas Shibulal and spouse as public shareholders following their request

Massive traction in AI services revenue: Infosys CEO & MD Salil Parekh

Infosys sees strong traction in AI services as enterprises adopt AI gradually, with large deals, resilient pricing, and sectoral growth driving optimism

West Asia crisis has increased logistics cost by 20%: Grew Solar CEO

Solar manufacturer ramps up capacity, eyes exports and new ventures in storage and green data centres amid rising costs

Investment in India still crucial for Coca-Cola's growth: CEO Braun

Beverage major says it will continue investing in India to expand reach, build capabilities and drive long-term growth despite the market still being far from maturity

'Increasing policy sales in FY27 a focus area for SBI Life Insurance'

SBI Life Insurance to push policy sales in FY27, expects steady growth and stable margins despite regulatory changes and product mix shift

Merchant bankers on board for ₹3,000 cr QIP: Punjab & Sind Bank MD & CEO

He said net interest margins have bottomed out and will increase in the current financial year

ArcelorMittal Nippon Steel India appoints Nobuo Okochi CFO from July 1

Appointment of Nobuo Okochi as CFO follows Amit Harlalka's elevation to CEO, ensuring leadership continuity as AMNS India advances expansion and long-term growth plans

Cohance Lifesciences appoints Umang Vohra as chairman, CEO; Sharma exits

Pharma veteran Umang Vohra to lead Advent-backed Cohance Lifesciences as chairman and CEO, succeeding Vivek Sharma amid efforts to revive growth and address regulatory challenges

Iran war has trebled key input costs: Hindustan Zinc's CEO Arun Misra

Arun Misra says the miner is preparing a $500-600 million capex programme, targeting a doubling of metal production over three to four years while expanding its silver and critical minerals businesses

Advanced AI models a catalyst for telcos, says Ericsson's Magnus Ewerbring

India, Ericsson's second-largest market by revenue, will continue to be among the top rung, says Magnus Ewerbring