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The Future of Mobility & AI | Manager’s Mantra ft. Zoomcar CEO

The mobility industry is evolving fast, and AI is playing a game-changing role! In this episode of Manager’s Mantra, we discuss all of it with Hiroshi Nishijima, CEO of Zoomcar.

Nokia picks Intel's AI and data center leader Justin Hotard as new CEO

Hotard, who will take up the position on April 1, is currently the executive vice president and general manager of Data Center & AI Group at Intel

Sridhar Vembu steps down as Zoho CEO; Shailesh Kumar Davey to succeed

In the surprise move, Vembu also added that he will be taking charge as the chief scientist of the company, overseeing the research and development division

LTIMindtree appoints Venugopal Lambu as CEO, succeeding Debashis Chatterjee

Debashis Chatterjee, or DC as he is colloquially known in the industry, took over the reins of LTIMindtree in November 2022 after the merger of Larsen & Toubro firms L&T Infotech and Mindtree

PwC survey: India CEOs focus on hiring, threat of tech disruption

The survey polled more than 4,700 CEOs across 109 countries, including more than 75 from India

Sold shares for personal reasons, said EaseMyTrip's Ex-CEO after resigning

Co-Founder of online travel-tech aggregator EaseMyTrip Nishant Pitti on Friday said he sold a "small portion" of the promoter shares held by him for "personal reasons", days after the company announced his resignation as CEO. In a social media post, Nishant, who was replaced by his brother and Co-Founder Rikant Pittie, after EaseMyTrip announced his appointment as the new CEO on January 1, reassured that the travel-tech platform is on a "strong growth path" and his move to sell a portion of the promoter shares does not reflect any lack of confidence in its future. "I recently sold a small portion of my promoter shares for personal reasons. I want to assure you this does not reflect any lack of confidence in EaseMyTrip's bright future. With a talented team and Rikant's visionary leadership, EaseMyTrip is on a strong growth path. To honor your trust, I have thoughtfully limited my share sale and confirm there will be no further sales from my side. "Thank you for your unwavering suppor

Nishant Pitti steps down as EaseMyTrip CEO, brother Rikant takes charge

On December 31, Nishant Pitti sold Easy Trip shares worth Rs 78.32 crore in a block trade, offloading 4.99 crore shares, which represents 1.41 per cent of the company's equity

Hospitality CEOs raise demands of infra status, increasing marketing spends

Infrastructure status and easing taxation have been a long-standing demand of the sector

Luigi Mangione indicted for first-degree murder in UnitedHealth CEO's death

Mangione was indicted on one count of first-degree murder, two counts of second-degree murder, seven counts of criminal possession of a weapon, and one count of possessing a forged driver's license

Wells Fargo CEO expresses increased confidence in regulatory fixes

The bank is in the last stages of a process to pass regulatory tests to lift a $1.95 trillion asset cap next year after fixing problems from its fake-accounts scandal, Reuters reported exclusively

Reliance Power forms new arm for renewable energy biz; appoints CEO, COO

Reliance Power on Tuesday announced setting up its renewable energy business arm Reliance NU Energies and appointed Mayank Bansal as Chief Executive Officer and Rakesh Swaroop as Chief Operating Officer of the subsidiary. Both of them have joined the company from ReNew. Bansal was Group President of ReNew Power's India RE Business and Swaroop served as Vice President and Head of Utility Business at ReNew Power. It has set up a new subsidiary namely Reliance NU Energies for renewable energy business, Reliance Power said in a statement. "The new subsidiary Reliance Nu will innovate and seize the opportunities in developing clean, affordable and reliable energy solutions that India and the world's growing demand for sustainability needs," it said. Reliance Nu focuses on solar, wind, hybrid systems, and advanced energy storage to address these needs. On the appointment of CEO and COO, Reliance Power said the two energy sector veterans will helm Reliance Power's new initiative, Relianc

StanChart names ex-JPMorgan chief PD Singh as India, South Asia CEO nominee

If approved, P D Singh will succeed Zarin Daruwala, who is set to retire on April 1, 2025, after nearly a decade in the role

Fidelity International announces India appointments, Jetly to lead tech ops

Upasna Nischal to be India site head

'Radical targets toppled former CEO Carlos Tavares at Stellantis'

Stellantis is now searching for a new chief executive with a daunting to-do list

Quant Mutual Fund to get new CEO as it strengthens leadership team

However, the fund house has not revealed the name. The new CEO will likely take charge by April 2025, according to the company

Bajaj Finserv Health aims to break even by FY27, says CEO Devang Mody

Bajaj Finserv Health has a network of over 1,00,000 hospitals and 80,000 doctors

Breaking the glass ceiling: Why Kim Kyung-Ah's Samsung CEO role matters

Kim Kyung-Ah's appointment as CEO of Samsung Bioepis breaks an 86-year tradition, making her the first woman outside the founding family to lead a Samsung company

Odysse to give 40,000 EVs to Zypp as investment deal, says CEO Nemin Vora

City-based electric two-wheeler maker Odysse Electric on Monday said it has secured an order for 40,000 vehicles from EV-as-a-Service platform Zypp Electric as part of an investment deal. Zypp's investment is expected to bolster Odysse Electric's B2B market presence and support the expansion of its dealership network nationwide, the company said without disclosing the nature or quantum of investment. The 40,000 electric vehicles are to be supplied over the period of the next three years, Odysse said. "The new investment in Odysse Electric signifies a pivotal moment. Zypp Electric's deep industry expertise and vision of fleet electrification will significantly accelerate our nationwide expansion plans underscoring the robust B2B and consumer demand for electric vehicles," said Nemin Vora, CEO, Odysse Electric. By increasing production and enhancing distribution capabilities, Odysse aims to increase its production capacity to meet the rising demand for clean and efficient mobility an

'AI could replace CEOs': Shankar Sharma cautions IT sector to face reality

While the ace investor acknowledged that AI is still in its nascent stage, it is here like a 'foreign hand' conspiracy theory that has plans to 'snatch food away' from Indian youth's table

Asset quality headwinds, CEO extension concern worry IndusInd Bank

Amid headwinds, the bank faces uncertainty over CEO extension