Sunil Bharti Mittal Receives Knighthood Medal By BHC
Bharti Enterprises founder and chairman Sunil Bharti Mittal has been awarded the Knight Commander of the Most Excellent Order of the British Empire (KPE) in significant recognition of his contribution to UK-India business relations. The Honorary Knighthood was announced in 2024 with the approval of King Charles III and presented at a formal investiture ceremony…
Shaktikanta Das Appointed Principal Secretary to PM Modi
In a significant bureaucratic reshuffle, former Reserve Bank of India (RBI) Governor Shaktikanta Das has been appointed as the Principal Secretary to Prime Minister Narendra Modi, as per a government notification released today. The Appointments Committee of the Cabinet (ACC) has confirmed that Das’ tenure will be co-terminus with the Prime Minister’s term or until…
IESA Projects Number of EVs to Cross 28M by 2030
IESA (India Energy Storage Alliance), a leading organisation associated with e-mobility, energy storage, and hydrogen, projects that the number of operational EVs in India will cross 28 million in 2030. India’s total EV sales were over 4.1 million units in the fiscal year 2023-2024. The future of electric vehicle sales seems brighter, driven by increasing…
Anurag Mehrotra To Join JSW MG Motor as the New MD
JSW MG Motors appointed Anurag Mehrotra as the managing director, bringing three decades of experience in the automotive industry. His previous leadership roles include Vice President of Strategy & International Business at Tata Motors Commercial Vehicles and President & Managing Director at Ford Motors. In his new role, he will oversee the growth and sales…
P D Singh Named As CEO Of Standard Chartered For India
Standard Chartered, a global bank offering banking services to businesses and individuals in many countries, has named P D Singh the new CEO of India, effective April 1, 2025. P D Singh brings almost three decades of experience in banking and finance, spanning leadership and coverage roles across European and American banks. At Standard Chartered,…
Trump’s Proposed 25% Tariff To Hit Indian DrugmakersÂ
On Tuesday, February 18, US President Donald Trump announced that he would like to impose a 25% or higher tariff on pharmaceuticals. He will raise the tariff throughout the year. This move could significantly impact the Indian pharma industry, as the USA is one of the largest consumers of Indian Pharma. According to the Pharmaceutical…
Rohit Kedia Takes the Helm as CEO of Xoriant
Xoriant, a global provider of technology services and solutions, has appointed a new Chief Executive Officer. The company names former Chief Growth Officer of LTIMintree (merger of L&T Infotech and Mindtree) – Rohit Kedia – as CEO. He brings almost three decades of experience in the technology and digital engineering space and holds an engineering…
Uber Auto Changes, Shifts to Subscription-Based Model
In a significant move, the ride-hailing giant Uber changed its operation model for autorickshaw drivers. It removed the commission-based system model and introduced the Saas (Software-as-a-Service) model. As per the shift, all auto rides booked through the Uber app are now cash-only. The change came into effect on February 18, 2025. Users were informed about…
Gyanesh Kumar Becomes New Chief Election Commissioner
Rajiv Kumar will retire today as the Chief Election Commissioner (CEC) of the Election Commission of India (ECI). Kumar was appointed the Chief Election Officer on March 14, 2024, and joined office the very next day. Gyanesh Kumar was selected to succeed Rajiv Kumar on Monday, February 17, 2025. He was appointed as election commissioner…
New India Cooperative Bank GM Hitesh Mehta Arrested
A holiday Mumbai court hearing on Sunday, February 16, remanded Hitesh Mehta, GM (General Manager) and accounts head of the New India Cooperative Bank, in Police custody till February 21. The 57-year-old Hitesh Mehta is accused of withdrawing Rs 122 crore from the lender’s Prabhadevi and Goregaon branches. The alleged fraud was discovered on Wednesday,…