Tata Motors has announced the appointment of P. B. Balaji as its new chief financial officer. Mr. Balaji has resigned as CFO of Hindustan Unilever Ltd. (HUL).
He has worked for 24 years with the Unilever Group.
Balaji will join Tata Motors Group from mid-November 2017. He will replace Tata Motors group CFO C. Ramakrishnan, who is scheduled to retire by end of September, 2017.
Aug 14, 2017
US Ready to Help India Modernise its Military
As per a top American commander, the US is ready to help to India to modernise its military, saying that together they can improve India's military capabilities in significant and meaningful ways.
Over the past decade, the defence trade between the US and India has touched nearly USD 15 billion and is expected to gallop in the next few years, as India is looking at the US for some of the latest military hardware including fighter jets, latest unmanned aerial vehicles and aircraft carriers.
Aug 13, 2017
Claim on Babri Land
As per senior Shia cleric Maulana Kalbe Sadiq, peace in the issue of Babri Masjid must be advocated.
He said that if the Supreme Court's verdict is in their favour, then the Muslim community should give up their claim on the disputed land.
If Babri Masjid verdict is not in favour of Muslims, then they should peacefully accept it. And if the verdict is in favour of Muslims then they should happily give the land to Hindus. The issue should be dealt with respect by both the communities.
Aug 12, 2017
Lupin Appoints New Chairman
The board of Lupin announced the unanimous appointment of Manju Deshbandhu Gupta, wife of late Deshbandhu Gupta, as chairman. Gupta has been a member of the board for over 40 years.
The board felt that this is a deserving recognition for one of the co-founders and first investor of the company.
Venkaiah Sworn-in as 13th Vice-President
Former Union Minister M. Venkaiah Naidu was sworn-in as the 13th Vice-President of India, succeeding Hamid Ansari.
President Ram Nath Kovind administered him the oath of office.
Born at Chavatapalem in the Nellore district of Andhra Pradesh on July 1, 1949, Naidu is the second Vice-President from Andhra Pradesh.
Naidu is the first Vice-President to be born after India attained Independence.
Censor Board Chief Sacked
Pahlaj Nihalani was removed as the chairperson of Central Board of Film Certification in India.
Nihalani took over the CBFC chairman's office in January 2015 and has been a subject of several controversies ever since. His three-year tenure was all set to end in January 2018.
As per a report, noted song writer and poet Prasoon Joshi is likely to take the charge.
Aug 11, 2017
Three Years as BJP President
Bharatiya Janata Party (BJP) president Amit Shah has completed his three years in office.
Shah is considered to be a master political strategist, and the closest confidante of Prime Minister Narendra Modi, has rapidly increased BJP's electoral footprint and clinched states like Goa, Manipur and Arunachal Pradesh.
Shah was appointed as BJP president in July 2014.
Jaguar Fighter Plane with Advanced Radar
An upgraded Jaguar fighter aircraft fitted with an AESA (active electronically scanned array) radar was flown for the first time. The initiative has been taken by test pilots at defence PSU Hindustan Aeronautics Limited (HAL).
The Jaguar Darin III is upgraded for the Indian Air Force (IAF). It has state-of-the-art AESA radar and improved features like multi target tracking frequency agility, higher bandwidth of operation, interleaved modes of operation, higher accuracies and resolution.
HAL has developed the features in collaboration with Israeli firm ELTA.