Page 7 - People

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

Meta invests $900 mn in Cred, Kunal Shah to head WhatsApp globally

Meta acquires a minority stake in Cred through a $900 million investment and appoints founder Kunal Shah as global head of WhatsApp

NLC India's ₹1 trillion expansion plan takes global route for borrowing

CMD Prasanna Kumar Motupalli spoke about NLC's critical mineral strategy, overseas expansion plans, funding road map, proposed NLC India Renewables initial public offering, and mining expansion plans

EV share in total sales may hit 30% soon: BMW India CEO Hardeep Singh Brar

BMW India sees rising EV demand and growing sales from smaller cities as it expands its footprint and prepares for opportunities under the India-EU FTA

We want to be part of India's growth story: Meta's Santosh Janardhan

Meta sees India as a key hub for AI-driven infrastructure growth, with its upcoming Jamnagar data centre reflecting a long-term investment strategy

Beauty emerges as top customer acquisition category on Amazon India

Beauty has become Amazon India's biggest customer acquisition engine, fuelled by rising demand from non-metro consumers

Relationship between LLM and services firms is symbiotic: Coforge CEO

Coforge aims to reach $5 billion in revenue within four years, banking on AI-driven demand while viewing LLM firms as partners rather than competitors

Govt appoints Hitesh Joshi as chairman and managing director of GIC Re

Joshi, who has been serving as acting CMD since October 2025, takes charge of the state-owned reinsurer following the retirement of N Ramaswamy

India breaks into the top 15 markets for Mercedes-Benz, says Mathias Geisen

India is now among Mercedes-Benz's top 15 global markets and top five for Maybach as the carmaker bets on rising wealth and luxury demand

Chips, data centres powering India's next logistics leap: Blue Dart MD

AI, semiconductors, FTAs and airport expansion will reshape India's logistics sector, creating new growth avenues, says Blue Dart's Balfour Manuel

BigBasket targets a profitable turn in 12-15 months, says Hari Menon

As Hari Menon steps down as CEO, BigBasket shifts focus from market share to profitability, targeting break-even within 12-15 months

'Doomscrolling can get you attention, but you can't make a business of it'

Ekta Kapoor says short-form content may grab attention, but enduring entertainment businesses will be built on strong intellectual property and loyal audiences

'AI conversations now shifting to RoI, ethical use, value creation'

Alvarez & Marsal executives Steve Wallace and Himanshu Bajaj discuss AI adoption, return on investment, ethical safeguards and growth opportunities across global markets

Bank of India sets Q2-end target for expected credit loss parallel run

Bank of India expects up to $1 billion in FCNR-B inflows under RBI's special window, while maintaining strong credit growth and preparing for ECL norms

Rajiv Bajaj to step down from Bajaj Finserv board, focus on auto business

Rajiv Bajaj has informed the company that he will not seek re-election at the annual general meeting (AGM) scheduled for July 31

We expect ₹1,000-2,000 cr of inflows via FCNR(B) deposits: Canara Bank CEO

Canara Bank expects ₹1,000-2,000 crore in FCNR(B) inflows, aims to boost CASA deposits and reduce reliance on bulk deposits under its new CEO

We'll definitely win in India: Amazon country manager Samir Kumar

Amazon India Country Manager Samir Kumar on the company's $35 billion bet, the quick-commerce race, and why he believes it's still early innings for e-commerce in India

India's green hydrogen market at an inflexion point: IFC exec Fakhoury

India's green hydrogen sector has reached a tipping point, says IFC, as improving economics, policy support and rising industrial demand drive market growth

Beyond GLP-1, Novo eyes next-gen obesity drugs: Vikrant Shrotriya

Novo Nordisk plans to defend its obesity drug leadership in India as semaglutide patent expiry fuels competition from nearly 50 new market entrants

Foreign outflows meaningful, but not overwhelming: Citi's Kaustubh Kulkarni

Investors remain interested in India, but the AI theme is dominating global conversations, says Kulkarni