Fri, Jul 21, 2017 | updated 06:25 AM IST

Cipla rejigs top management; Umang Vohra to take over as MD

Updated: Aug 13, 2016 13:22 IST      
Cipla rejigs top management; Umang Vohra to take over as MD

New Delhi, Aug 13 (ANI): In a major top management rejig, Cipla has announced Samina Vaziralli as the executive vice-chairman and Umang Vohra as the Managing Director and Global CEO with effect from September 1.

The company in a statement said, " Samina Vaziralli, Executive Director and the Global Head - Strategy, M&A and Cipla New Ventures will be the Executive Vice-Chairman of Cipla effective September 1, 2016."

Vaziralli, the daughter of company's non-executive Vice-Chairman M.K. Hamied, will be the company's non-executive vice-chairman. She will be a part of the core leadership team since joining the Mumbai-based firm in 2011.

"She will move on from her current responsibilities to focus on board and governance issues, in addition to growing Cipla's strategic priorities through key global partnerships, corporate brand building and public advocacy," added the statement.

Vohra, who joined the company in October 2015 as the Global Chief Financial and Strategy Officer, was elevated as the Global Chief Operating Officer early this year as part of a planned progression.

"We are delighted to see two young leaders Umang and Samina will take higher responsibilities within Cipla," said Cipla Non-Executive Chairman YK Hamied. (ANI)

New Delhi [India], July 20 (ANI): Paytm now enables customers to get their cashback as Paytm Gold. This will combine the spending and saving experience with an asset that is close to the hearts of Indians.

Full Story >>

Reliance Industries announces Q1 profit at Rs. 9108 crore

Updated: Jul 20, 2017 18:46 IST     

New Delhi [India], July 20 (ANI): Reliance Industries' on Thursday announced its earnings with a consolidated profit at Rs. 9,108 crore, partly driven by one-time gain of Rs. 1,087 crore.

Full Story >>

New Delhi [India], July 20 (ANI-NewsVoir): Created with an objective to deliver striking blow to counterfeiting, LetsVeriFy, an innovative and cutting-edge application by ThinkCurve is witnessing a high growth in popularity amongst customers and manufacturers in India.

Full Story >>

New Delhi [India], July 20 (ANI-NewsVoir): Preethi Kitchen Appliances, an inseparable brand of any Indian kitchen, entered Global Book of World Records, Asia Book of Records and India Book of Records recently for the demonstration of its mixer grinder's grinding prowess by organising the Longest Mixer Grinder Grinding Marathon-the first brand across the globe to achieve such a feat.

Full Story >>

New Delhi [India], July 20 (ANI-BusinessWireIndia): Been into the news since its inception, Applancer has become a renowned name in IT industry. After continuous enhancements, Applancer has become world's first decentralized software development outsourcing platform. We all are pretty aware that mobile apps are ruling the digital industry currently.

Full Story >>

Voonik TV brings Video Commerce to India

Updated: Jul 20, 2017 15:36 IST     

New Delhi [India], July 20 (ANI): India's leading personalization-based fashion marketplace Voonik has announced the launch of Voonik TV, where one can watch exciting short-form videos and shop from them, all within the Voonik App.

Full Story >>

Ducati launches the all new Scrambler Desert Sled in India

Updated: Jul 20, 2017 15:28 IST     

New Delhi [India], July 20 (ANI): Ducati India on Thursday announced the launch of the Scrambler Desert Sled. Drawing its inspiration from the off-road bikes of the '60s and '70s that made US motorcycling history in the mountains and deserts of California, the Scrambler Desert Sled offers a unique incomparable style.

Full Story >>

New Delhi [India], July 20 (ANI-NewsVoir): ALE, operating under the Alcatel-Lucent Enterprise brand, today announced it is working with PGi, the world's largest dedicated provider of collaboration solutions, to deliver integrated high-definition (HD) audio conferencing for its collaborative communications platform, Rainbow.

Full Story >>

Revival of holistic Ayurveda in post-pregnancy treatments

Updated: Jul 20, 2017 13:31 IST     

New Delhi [India], July 20 (ANI-NewsVoir): Soothika, a Global Prodice brand in Maternal and New Born Baby Care, recognized by the Government of India under Startup India programme (DIPP:1917) and seed funded by KSIDC (Kerala State Industrial Development Corporation) is providing Holistic Pregnancy Care to both the mother and the child by offering Ayurvedic products to heal the post pregnancy problems.

Full Story >>

New Delhi [India], July 20 (ANI-NewsVoir): Federation of Indian Chambers of Commerce & Industry (FICCI) in association with The New India Assurance Company Limited (NIA), Besso Limited (London Insurance Brokers) and JB Boda Reinsurance Brokers Pvt. Ltd. (JBBRIB), Mumbai today launched an Insurance Policy on ATA Carnet for the benefit of Start-Ups and Small & Medium Enterprises (SMEs) in India.

Full Story >>

Cabinet for tax agreement between India, BRICS nations

Updated: Jul 19, 2017 22:33 IST     

New Delhi [India], July 19 (ANI): The Union Cabinet chaired by Prime Minister Narendra Modi on Wednesday approved the signing of a Memorandum of Cooperation (MoC) with respect to tax matters between India and the revenue administrations of the BRICS countries, namely, Brazil, Russian Federation, China and South Africa.

Full Story >>

New Delhi [India], July 19 (ANI): The Union Cabinet chaired by Prime Minister Narendra Modi on Wednesday rendered its ex-post facto approval for the promulgation of the Integrated Goods and Services Tax (Extension to Jammu and Kashmir) Ordinance, 2017 and replacement of the Ordinance by the Integrated Goods and Services Tax (Amendment) Bill, 2017.

Full Story >>

New Delhi [India], July 19 (ANI): A Unicef India official on Wednesday lauded the Centre's approach towards solving issues concerning lack of drinking water and sanitation, saying the transparency and openness with stakeholders will be beneficial towards undertaking innovative measures.

Full Story >>

New Delhi [India], July 19 (ANI): Industry body ASSOCHAM on Wednesday approached the Defence Ministry seeking relaxation for stringent bank guarantee norms required for private sector shipyards, which are looking to bid for the construction of ships to be used by the Indian Navy.

Full Story >>

New Delhi [India], July 19 (ANI): Highlighting the smooth functioning of the Goods and Services Tax Network (GSTN), Chairman Navin Kumar has revealed that over 70 lakh taxpayers have successfully activated their GST accounts.

Full Story >>

New Delhi [India], July 19 (ANI): Amid reports of cigarette prices surging post the rollout of the Goods and Services Tax (GST), Central Board of Excise and Customs (CBEC) Chairman Vanaja N. Sarna said only a rectification of an imbalance was made, and thus it will have no impact on the price of cigarettes itself.

Full Story >>

New Delhi [India], July 19 (ANI): In its endeavor to become a one-stop solution for anything that is 'Real Estate,' PropUrban, the online-to-offline investment advisory firm, has widened its horizon by recently venturing into Property and Rental Management Services (PRMS).

Full Story >>

New Delhi [India], July 19 (ANI): The Muthoot Group, one of India's leading business conglomerates with a family business legacy of over 800 years and financial services arm of over 130 years, launched its Muthoot Skill India project in association with Centum Foundation, the CSR arm of Centum Learning, a Bharti Group company, to impart employability linked skill development training to the underprivileged youth in Haryana.

Full Story >>

New Delhi [India], July 19 (ANI): Global VC funding for Healthcare IT and Digital Health companies in the first half (1H) of the year 2017 was 36 percent higher year-over-year (YoY) with a record USD four billion raised in 359 deals compared to the USD three billion raised from 286 deals in 1H of 2016.

Full Story >>

New Delhi [India], July 19 (ANI): Having successfully established its foothold in 20 top cities, including the six metros, demand sensing and aggregation platform Beacon is now set to increase its pan-India footprint.

Full Story >>