Mr. Kohli will be replacing Sanjay Shah, who will be retiring from service. The latter was with Morgan Stanley since 1996 and rose through the ranks to become its India head in 2021.
Between 2012 and 2016, Kohli was the chief operating officer and managing director of Morgan Stanley's Asia Pacific operations.
Morgan Stanley, CEO: James P. Gorman.
Morgan Stanley is an American multinational company.
The first G20 Energy Transition Working Group (ETWG) Meeting under India’s presidency will be held in Bengaluru from 5 to 7 February.
The meeting will have over 150 participants including G20 member countries, nine special invitee guest countries – Bangladesh, Egypt, Mauritius, Netherlands, Nigeria, Oman, Singapore, UAE and Spain.
The Jaipur-based company and its wholly-owned subsidiary, Hi-Print Metering Solutions Pvt. Ltd., have received letters of award (LoA) worth Rs 2,855.96 crore for the appointment of an advanced metering infrastructure service provider (AMISP) including the design of AMI system with supply, installation, and commissioning of 29.49 lakh smart pre-paid meters, among others.
Andhra Pradesh Chief Minister YS Jagan Mohan Reddy announced that Vishakapatnam would be the state capital.
He made the announcement at the International Diplomatic Alliance Meet and Curtain Raiser for Andhra Pradesh Global Investors Summit 2023 organised in New Delhi.
Amaravati is the present capital of Andhra Pradesh.
Union Minister for Finance and Corporate Affairs, Smt. Nirmala Sitharaman, presented the Economic Survey 2022-23 in the Union Parliament. The report suggested that India will witness GDP growth of 6.0 per cent to 6.8 per cent in 2023-24, depending on the trajectory of economic and political developments globally.
The second-highest Gross GST collection has been made in the month of January this year, breaching earlier second-highest record in October last year. Over one lakh 55 thousand crore rupees gross GST revenue has been collected in the last month. It is the second highest collection ever, after one lakh 68 thousand crore gross collection in April last year.
Reliance Consumer Products Limited, the FMCG arm of Reliance Retail Ventures Limited, has announced a strategic partnership with the Sri Lanka’s Maliban Biscuit Manufactories. Maliban, a heritage brand and a household name in Sri Lanka, is a pioneering biscuit manufacturer well-known for the last 70 years for its range of quality products.
The Indian Coast Guard Day is celebrated on February 1 every year to honour organisations that look after maritime security. This year, India will be celebrating the 47th Coast Guard Day. The interim Indian Coast Guard was originally established on February 1, 1977, to prevent the sea-borne smuggling of goods that hampered India’s domestic economy.
Currently, Indian Coast Guard is ranked as the fourth largest Coast Guard in the world.
The United Nations General Assembly (UNGA) designated the first seven days of February as World Interfaith Harmony Week in 2010. Since then, it has been celebrated globally every year. The idea of World Interfaith Harmony Week was first proposed at the United Nations in 2010 by Jordan’s King Abdullah II.
Former Union law minister and lawyer Shanti Bhushan passed away at the age of 97. Bhushan served as the law minister in the Morarji Desai-led Janata Party government from 1977 to 1979, which came to power after Emergency. Bhushan was among the founding members of the Aam Aadmi Party which was formed in 2012.
The International Monetary Fund (IMF) has said that India to remain the fastest-growing major economy in the world despite global headwinds. The IMF released its January update on World Economic Outlook today. It said that India will grow at 6.1 per cent in 2023 before picking up to 6.8 per cent in 2024 fuelled by resilient domestic demand.
The Adani Group acquired the strategic Israeli port of Haifa for USD 1.2 billion and vowed to transform the skyline of this Mediterranean city as part of its decision to invest including opening an artificial intelligence lab in Tel Aviv. The Port of Haifa is the second largest port in Israel in terms of shipping containers and the biggest in shipping tourism.
Infibeam Avenues’s flagship payments brand -- CCAvenue, has become the first payment gateway player to process Central Bank Digital Currency (CBDC) or Digital Rupee transactions for online retail merchants. CCAvenue has facilitated CBDC online transactions for one of the leading private sector banks.
Sports brand Puma India has on-boarded Indian women’s cricket team captain Harmanpreet Kaur as its new brand ambassador, part of its commitment towards the women’s business, especially in the sports segment in India. In the fiscal year ending December 2021, Puma India cemented its leadership position in India's sports and lifestyle market, earning a revenue of Rs 2044 crore
For the 20th edition of the largest event in the biotechnological industry of Asia, global business firm BioAsia picked the United Kingdom (UK) as its country partner. Eager to expand its relations with the Indian life-sciences industry, UK is home to over 6,330 businesses that employ over 2,68,000 people in the industry that generated £88.9 billion revenue in 2020.
Indian Institutional Ranking Framework released the Top Management and Business School 2023. This year, IIM Lucknow has jumped one place and has secured fourth rank. IIM Ahmedabad has taken over the first position followed by IIM Bengaluru and IIM Kolkata in second and third position respectively.