Page 6 - People

Syngene CEO Peter Bains resigns as part of leadership succession plan

In his resignation letter to the chairman of the company's board, Bains said he is resigning from his position following "our recent discussions regarding leadership succession and CEO transition"

Rating upgrade to A will put GIC Re in a more stable position: GIC Re CMD

GIC Re chief Hitesh Joshi outlines plans to strengthen underwriting, diversify globally, expand specialty reinsurance and capitalise on emerging risk opportunities

Next trade order needs stronger developing-world voice: ICC Chair

Harsh Pati Singhania says his ICC tenure will focus on giving developing economies a stronger voice in global trade, AI governance and digital standards

Noel Tata to step down as Voltas chairman a week after exiting Trent

Addressing shareholders of the leading cooling products maker in its 72nd annual general meeting (AGM), Noel Tata, 69, said this would be his last AGM as Chairman of Voltas

Nagarro can reach our growth rate in 6-12 qtrs: Persistent CEO Kalra

Persistent CEO Sandeep Kalra says Nagarro can match the company's growth rate within 6-12 quarters as integration, cross-selling and capability expansion gather pace

IndiGo's CHRO Pasricha resigns; Kanwal Jeet Singh Bakshi to take charge

The resignation of Pasricha marks another senior-level exit at the country's largest airline, IndiGo, since the massive operational disruptions in December 2025

Tata Communications appoints Rupesh Chokshi as chief technology officer

The company also named Vivek Srivastava to lead its cloud and cyber security business as it accelerates investments in AI and digital infrastructure

HDFC Bank appoints former CEC Rajiv Kumar as part-time chairman for 3 years

The board also approved the appointment of Rajiv Kumar as an Additional Director (Independent Director) for a four-year term starting June 30, 2026

Exl sees iMerit as gateway to foundation model training: Rohit Kapoor

EXL says its $310-million iMerit acquisition will strengthen foundation model training capabilities as enterprises increasingly adopt AI-driven business operations

Fortune Brands Innovations appoints former AZEK chief Jesse Singh as CEO

The former AZEK chief executive will lead Fortune Brands Innovations as the company faces pressure from activist investor Ed Garden over leadership and governance

Axis Bank CFO Puneet Sharma steps down after more than six years

Sharma said he had largely achieved the objectives he set as CFO, including strengthening financial controls, building a resilient balance sheet and improving shareholder trust

Planning to develop 11K Mw pumped storage capacity: Deepak Thakur

Hinduja Renewables plans to scale capacity to 10 GW by 2030, betting on solar, wind, hybrids and pumped storage to drive its next phase of growth

With leverage available, FCNR (B) scheme remains attractive: P D Singh

Standard Chartered expects strong FCNR(B) inflows from key overseas centres as RBI's latest measures boost foreign currency deposits and cross-border banking

HDFC Bank may pick new chairman before deciding on CEO extension

MD & CEO Sashidhar Jagdishan's tenure ends this October

Prabhjeet Singh of Uber India resigns, set to join ChatGPT maker OpenAI

Speaking on the development, a company spokesperson said India is one of Uber's most important markets globally and an important driver of innovation and long-term growth

From Westside to Zudio: Noel Tata's remarkable 27-year journey at Trent

Noel Tata to step down as Trent chairman in November after decades of leadership that shaped Westside and expanded the Tata retail business

Future cyberattacks will be autonomously run by AI: Palo Alto's Oswal

Palo Alto Networks warns that AI agents are creating new cyber risks, making governance, real-time controls and AI-driven security critical for enterprises

Will Kunal Shah be able to deliver on Meta's goal to monetise WhatsApp?

Shah has a portfolio of about 298 companies, focusing primarily on sectors such as consumer tech, fintech, SaaS, climate tech, AI and edtech

Kunal Shah named WhatsApp CEO: A look at Indian biz leaders at global firms

Kunal Shah's appointment to WhatsApp adds to a growing list of Indian business leaders who built careers in India before rising to top roles at global firms

Meet Kunal Shah, the CRED founder set to become WhatsApp's global head

Shah will succeed Will Cathcart, who has led WhatsApp since 2019. Cathcart will move to a newly created division within Meta focused on building next-generation products