Cognizant Technology Solutions has appointed Ramkumar Ramamoorthy as chairman and managing director of Cognizant India and head of India Operations. He has played a leading role in developing many of their India-based portfolios.
Cognizant CEO- Brian Humphries
Wing Commander Anjali Singh has become India's first female military diplomat to be posted in any of the Indian missions abroad. She has joined the Indian Embassy in Russia as the Deputy Air Attache.
She is trained on MiG-29 fighter aircraft
GoI launched a steel import monitoring system (SIMS) to provide advance information about steel imports to various stakeholders including producers and importers to have effective policy interventions.
Minister of Commerce and Industry -Piyush Goyal
Visa, a global leader in payments technology, and BillDesk, leader in the Indian payments business, have partnered to roll out of SI-Hub, a seamless and secure way to make recurring payments using cards with a one-time enrollment.
T.R. Ramachandran, Visa's India and South Asia head.
Sunil Paliwal, a 1993 batch Tamil Nadu Cadre IAS Officer,took charge as Chairman-cum-Managing Director of Kamarajar Port Ltd. Before this, he was Tamil Nadu Labour and Employment Secretary.
Kamarajar Port Limited, formerly Ennore Port.
Defence PSU BEML Ltd and Wipro Infrastructure Engineering (WIN) have signed an MoU to work together in the areas of aerospace, industrial automation, 3-D printing, artificial intelligence and hydraulic system engineering.
BEML has a strong lineage of being a heavy engineering company.
Tata Power Renewable Energy Ltd (TPREL) has commissioned a 150 MW solar capacity in Pokharan, Rajasthan. With this TRPEL has increased its renewable capacity to 2,628 MW. Tata Power is developing 500 MW of renewable capacity across the country.
Praveer Sinha, CEO & Managing Director, Tata Power.
Wholesale price index (WPI)-based inflation for August came in at 1.08 per cent, much lower than 4.62 per cent recorded in the same month last year. The disinflation in core-WPI in August 2019 has further reinforced expectation of a rate cut in the October
WPI-based index for onion rose the highest to 33.01 per cent.
Export Guarantee Corporation of India (ECGC) has launched a new scheme called ‘Nirvik’ under which up to 90% of the principal and interest will be covered under insurance. Both pre and post shipment credit will also be covered under the new scheme.
ECGC HQs, Mumbai, Maharashtra.
RBI has expanded the scope of the Bharat Bill Payment System (BBPS) by adding other categories of recurring payments through the portal. Now, other recurring payments such as school fees, municipal taxes, insurance premiums can also be paid via BBPS.
Shaktikanta Das- Present RBI Governor
Global consumer goods firm Unilever achieved 100% renewable electricity usage at its offices, factories and other facilities across five continents in line with its target to become a carbon neutral company by 2030.
Unilever is a British-Dutch transnational consumer goods company
Piramal Enterprises Ltd has raised ₹690 crore in debt financing from Credit Suisse. Seperately, Piramal Capital and Housing Finance Ltd, too, has raised ₹300 crore through the sale of non-convertible debentures (NCDs).
Ajay Piramal-Chairman, Piramal Group