Microsoft Corp on Wednesday, June 16, 2021, named Chief Executive Officer Satya Nadella as its new chairman, in place of John Thompson.
Mr. Nadella, who took over as CEO in 2014 from Steve Ballmer, has been instrumental in scaling up its business including billion-dollar acquisitions like LinkedIn , Nuance Communications and ZeniMax.
A team of researchers in the United States has come up with splitters for ventilators that will address the shortage of the life-saving equipment. The Central Drugs Standard Control Organisation, Bengaluru, recently approved the equipment. IndVentr is the Indian partner making the device.
Earlier this year, Shriya S. Srinivasan and her team were in discussion with Indian health officials. But the interest in their equipment was low.
Dr. Srinivasan, a biomedical engineer, is the daughter of immigrant parents. She visits India frequently to give bharatanatyam performances. She did her Ph.D in medical engineering and medical physics at the Massachusetts Institute of Technology and Harvard Medical School. She took up Project Prana on the sidelines of her ongoing post-doctoral work.
Indu Jain was awarded the Padma Vibhushan, the third highest civilian honour in the country, in 2016.
She set up The Times Foundation in 2000, with sustainable development and transformational change as its key goals. One of India’s most respected non-profits, it provides community services and runs the Times Relief Fund to offer assistance during cyclones, earthquakes, floods, epidemics and other crises.
She was the founder president of FICCI Ladies Organisation (FLO), established in 1983 to promote entrepreneurship and professional excellence among women in India. From 1999, she also served as chairperson of Bharatiya Jnanpith Trust, founded in 1944 by Sahu Shanti Prasad Jain, her father-in-law, to promote literature in Indian languages.
India and the European Union agreed on Saturday to relaunch free trade negotiations by resuming talks that were suspended in 2013 for the Bilateral Trade and Investment Agreement (BTIA), as Prime Minister Narendra Modi interacted virtually from Delhi with EU chiefs Ursula Von der Leyen and Charles Michel along with 27 European leaders gathered in Porto, Portugal on Saturday.
Billionaire Mukesh Ambani’s Reliance Retail Ltd has been ranked second fastest growing retailer in the world in the 2021 ranking of global retail power houses by Deloitte, down from top rank secured the previous years.
It has been ranked 53rd in the list of Global Powers of Retailing, improvement from 56th earlier, according to the Deloitte report.
Vinod Khosla, Indian-American technology guru and entrepreneur, has pledged $10 million towards providing oxygen supplies to India amid the worsening second wave of the COVID-19 pandemic in the country
The Global Task Force on Pandemic Response, whose steering committee members include Julie Sweet, CEO, Accenture; Andy Jassy, CEO, Amazon; Tim Cook, CEO, Apple; Brian Moynihan, Chairman of the Board and CEO, Bank of America; Raj Subramaniam, president FedEx; and Arvind Krishna, Chairman and CEO, IBM; also announced creation of Chief Human Resources Officer (CHRO) India Action Group to provide ideas and practical information to CHROs to help their people in India.
Nikhil Rathi appointed Chief Executive Officer of UK’s financial watchdog – Financial Conduct Authority (FCA).
Assignments held:
Sudhir Krishnaswamy is appointed as one of the initial 20 members who will be a part of the first ‘Oversight Board’, which will review content referred to it by both users and Facebook. The content is for both Facebook and Instagram.
The board members are from 27 countries, who speak at least 29 languages. Some are former heads of state, three former judges, six former and current journalists, two former human rights rapporteurs and other leaders etc.
Background :
Education :
M A Yusuff Ali, Chairman & Managing Director, LuLu Group
February 2020