People News - Page 28

Bond yield rises over 9% as rupee hits 68.85 vs dollar

The 10-year bond yield rose to 9.04 percent in intra-day trades today before closing at 8.96 percent. <br /><br />

NSEL's third payout: Manages to collect only Rs 80 lakh

The National Spot Exchange (NSEL) could gather only Rs 80 lakh today from its members and clients against the third scheduled payout of Rs 174.72 crore which is due on 4 September.

RBI, govt should protect investors from illegal schemes: Subbarao

The outgoing RBI governor also said that financial inclusion and financial literacy are among the top priorities for the central bank.<br /><br />

Rupee at 68: Dollar supremacy and lessons to be learnt

The US still appears to be the superpower in the economic space as well as the political arena, where it has been virtually unchallenged in the last two decades.

LIC launches scheme to pay premiums through mutual fund holdings

LIC Nomura Mutual Fund today announced the launch of a new feature in collaboration with LIC to allow investors to make timely payment of their LIC insurance premiums.<br /><br />

Irrational sentiment impacting rupee value: Mayaram

Mayaram further said the government does not plan to ban derivatives trading in the currency market, a move that experts feel could help in curbing speculation.

EPFO mulls online facility to view updated accounts

As per the present practise, the EPFO provides PF slips to subscriber once in a year.

Weak rupee fuels gold to all-time high at Rs 34,500

The gold in Singapore, which normally set price trend on the domestic front here, dropped by 0.3 percent to 1,419.55 dollar an ounce.

NSEL defaults in second payout, takes loan to pay small investors

NSEL today defaulted for the second consecutive time in meeting its weekly payment obligation of Rs 174 crore. Payout today was about Rs 12.60 crore as against Rs 174 crore due.

RBI calls for govt to dilute ownership in state banks

The RBI is in the process of considering 26 applications from corporate houses looking to open banks.

Naveen express shock over rupee depreciation

The rupee today tumbled to an all-time intra-day low of 65.72 per dollar during the day.

'Chief Digital Officer' -- the rising C-suite role is temporary

In an exclusive interview with <em>Firstbiz.com</em>, Gartner research group vice president Mike Harris talks about the rising role of chief digital officers and why the role could just be a temporary one...

Technology Innovations At Tata AIG

B G Pal, VP IT, Tata AIG General Insurance, on recent technology innovations at Tata AIG

Evolve Sytems For Business Growth

K S Bajwa, GMD, Punjab National Bank on the role of a CIO as a change leader

HCL Infosystems MD Harshavardhan Madhav Chitale resigns; Premkumar Seshadri to take charge

Premkumar Seshadri, the Director and Executive Vice-Chairman has been appointed as Managing Director of the Company w.e.f. January 1, 2015, it said.

MobiKwik ropes in Virender Bisht from MakeMyTrip as its CTO

The company has also announced its plans to hire a Chief Marketing Officer, Head of Business Development & Partnerships and Head of Products over the next 2-3 months.

CIO - a potential candidate to succeed the CEO?

As per the survey undertaken by the Indian respondents, 80 percent believe that a CIO could become tomorrow's CEO.

After politics, Nandan Nilekani's new project: Reforming primary education

After months of speculation about what India's 66th richest man would do with his time and money the answer is finally here, reform the Indian education system.

CIOs start to taste the meringue and unload those pesky humans.

Automation will happen at a faster pace, and you don't want pie in your face when you are questioned about how you have readied the enterprise.

Modi's Smart Cities vision will catalyse new IT-driven jobs

The first and foremost job that's going to come up is of a 'City CIO' - a role which is already in vogue in other cities that label themselves smart cities.

Women venture capitalists underperform male counterparts. But why?

A new study blamed the performance difference in part on a lack of mentoring by male colleagues.

Indian CMOs looking to CIOs to accelerate their tech agenda

Thirteen of the 20 banking CMOs acquire marketing technology solutions from the organisation's tech management department, but only three have a dedicated technology group within their own business unit or department.

Customer experience spending surges in India but lacks business alignment

Despite their potential, many CX practices are currently set up for failure, says Forrester Research analyst Nupur Singh Andley.

Arun Gupta exits pharma major Cipla

Arun Gupta, CIO of pharma major Cipla has announced that he is leaving the company at the end of July. This was Gupta's second stint as a CIO in the pharma sector.

Hexaware appoints former HCL Tech exec R Srikrishna as CEO

Srikrishna is credited with establishing Infrastructure Services business and growing the Lifesciences & Healthcare business for HCL Technologies.<br />

CIOs and IT asset managers must work together to tackle 'shadow IT'

IT asset managers must help CIOs select the most sustainable digital business initiatives, which will attract enough funding to cover their full contract or asset life cycle costs, according to Gartner.