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Ashok Leyland vice chairman Mr R Seshasayee has been named as the new non-executive chairman of Infosys, second-largest software services firm. He is replacing private banker KV Kamath, who has been appointed president of the newly-created $100-billion BRICS Bank. Seshasayee has been an Independent Director on the Board since January 2011 and is the chairperson
Suresh Kalmadi has been presented with the Asian Athletics Association (AAA) President’s award at the AAA Gala Dinner and award ceremony. He was awarded for his contribution towards the development of athletics in the continent. Kalmadi had served as president of AAA for 13 years from 2000 to 2013. He was credited with the introduction of top events like Asian Grand Prix series, Asian Indoor
World Bank has approved a loan of $250 million for Jhelum and Tawi Flood Recovery Project for reconstruction of flood-affected public infrastructure in Jammu & Kashmir. The loan has a maturity of 25 years, including a 5 year grace period. World Bank will also support in strengthening the capacity of state government to respond and better
R Seetharaman, CEO of Doha Bank, has been conferred with the Lifetime Achievement Award for his contribution to the banking industry and his support for the environment and the business in the Middle East region. He was awarded at the Banker Middle East Industry Awards 2015 Ceremony. According to Seetharaman, the key challenges in sustainable
Facebook has launched a ‘Lite’ version of its application that was developed for people using Android smartphones in places where wireless data bandwidth is very less. Facebook Lite was built to use less data and work well even in those areas of constrained telecommunications network conditions. Facebook has started rolling out Lite in Asia and said that the application
