Indian-origin Ajay Banga Is Next World Bank’s President
The World Bank appointed ‘Ajay Banga’ as a new President. A 25-member execute board confirmed his name for the post on Wednesday after following a selection process agreed upon by shareholders in 2011. Banga, who is at 63 now, has worked for Mastercard as a CEO before this, and his term in the World Bank…
Aman Goyal
U.S. Debt Ceiling Crisis Risk On Peak Again In 2023
With new leadership in the U.S. In The House of Representatives, the risk of deadlock over the debt ceiling may lead to a fiscal crisis the highest ever, according to Jason Furman, former top economic adviser during the administration of President Barack Obama. The Debt Ceiling is the maximum amount of money the United States…
Yash Sharma
Brazilian Protest Continues: What Is The Reason Behind?Â
Brazilians have been protesting for a couple of weeks in support of former President Jair Bolsonaro, who lost the election with a very thin lead from Luiz Inacio Lula da Silva. Thousands of people blocked roads, bypassed security barricades, climbed on roofs, smashed windows and invaded government buildings, which were believed to be largely vacant…
Vipin
Ashok Leyland Appoints Shenu Agarwal As MD & CEO
On Thursday, automotive company Ashok Leyland announced Shenu Agarwal’s appointment as Managing Director (MD) and Chief Executive Officer (CEO). In his role, he will handle the technology department and drive growth & future strategy for the company to achieve the goal of being among the top ten commercial vehicle players globally. Shenu Agarwal joined Ashok…
John David
Sanjay V Jorapur Appointed As President And HR At Ashok LeylandÂ
Ashok Leyland, India’s Commercial Vehicle Manufacturer, announced the appointment of Sanjay V Jorapur as President and head of Human Resource. He will replace Amanpreet Singh, who is currently working in the same position as he will move to a senior role at Hinduja Group in Mumbai. “I am delighted to announce this appointment. Sanjay joins…
Former Infosys President Ravi Kumar S To Join Cognizant
Ravi Kumar S, a former employee of Infosys, has been appointed President at Cognizant. He will join the firm on January 16, 2023, the company said in a US Security Exchange Commission (SEC) filing. He resigned from Infosys last week, where he held the position of President for 20 years. In his role as President,…
Ganesh Mani Appointed As Chief Of Operations At Ashok Leyland
Ashok Leyland, the Indian flagship of the Hinduja Group and India’s leading commercial vehicle manufacturers, announced the appointment of Ganesh Mani as President and Chief of Operations. In his role, he will head the entire operations of Ashok Leyland including Manufacturing, Sourcing, and Supply Chain, the company said in a press release. In regard to…
Rajesh Nambiar, Cognizant’s Executive Officer, Loses Position
Cognizant has notified its shareholders that Rajesh Nambiar is ceased to serve as the ‘Executive Officer’ of the Digital Business & Technology vertical of the company, effective from July 6, 2022. According to the reports, his compensation will be adjusted in accordance with the salaries of the non-executive officers of the company. Nambiar, however, will…