Browse Month: July 2017

Tata Sons announces appointment of new Group Chief Digital Officer

Tata Sons announces appointment of new Group Chief Digital Officer

Tata Sons announces appointment of new Group Chief Digital Officer

Tata Sons, announced on Thursday the appointment of Ms. Aarthi Subramanian as digital director of the Tata group. Ms. Subramanian will report to NAND Chandrasekaran, CEO of Tata Sons, in her new role.

Professional with more than 26 years of experience in the global technology sector, Ms. Subramanian began her career at Tata Consultancy Services and worked several roles in India, Sweden, the United States and Canada, achieving the rewarding experience for consultation And the implementation of large-scale projects and technological and program management operations.

He is currently CEO of Tata Consultancy Services, responsible for the company’s digital incursion, excellence in customer engagement and delivery management.

He was also responsible for the management of key initiatives such as digital excellence, agile and operational in Tata Consultancy Services. Ms. Subramanian will remain on the Board of Directors of Tata Consultancy Services as a non-executive director.

Mr. N. Chandrasekaran, Chief Executive Officer of Tata Sons, said: “Aarthi has a strong track record of successful large teams to achieve excellence in customer service delivery and was a strong proponent of value added proactively to customers.

As the leader of the digital group, it will play a key role in driving digital adoption among group companies, as well as digital group initiatives.

Having worked with Aarthi for many years, I know that their experience and commitment will be very useful for the creation of a Tata Group ready to go in the digital economy. ”

“I am delighted to have the opportunity to work again under the direction of Chandra. The Tata Group is a unique institution with great strengths and it will be my effort to help the group introduce many new economic opportunities arising in the digital economy,” he said. Mrs. Subramanian.

Ms. Subramanian graduated in Computer Science from the National Institute of Technology, Warangal, India and holds a Masters in Engineering Management from the University of Kansas in the United States. It will take the new role in August this year.

Models pose on airstrip during take off, DGCA orders inquiry: Report

Models pose on airstrip during take off, DGCA orders inquiry: Report

Models pose on airstrip during take off, DGCA orders inquiry: Report

The Directorate General of Civil Aviation (DGAC) has decided to investigate the incident in which a group of nine models were placed on a runway during the takeoff of a private plane, the ANI news agency reported.

In a video posted by the news agency, some of the new models can be seen relaxing, while the VT-SAI plane leaves the ground.

While the location of the incident has not been revealed, sources told ANA’s DGAC that an investigation had been opened against the owner of a private plane and the model group to violate security standards.

“We landed on a private runway where there was a private plane waiting for us,” one of the models said in the video. “I think this is the list of the craziest things I’ve ever done,” adds another.

“There is always a chance that the driver decided to abort the takeoff at the last moment for some reason, and these people would not have had a chance to leave the track,” said a pilot for the Times of India.

According to the TOI report, the aircraft is a Cessna 208 is a single engine aircraft with a maximum capacity of 14 people. In the video, the models are also considered incorporated in the airplane.

Biocon's Breast Cancer Biosimilar Gets USFDA Panel Nod, Shares Surge

Biocon’s Breast Cancer Biosimilar Gets USFDA Panel Nod, Shares Surge

Biocon’s Breast Cancer Biosimilar Gets USFDA Panel Nod, Shares Surge

The older Mylan and Biocon drugs, said today that the Advisory Committee on Cancer Medicines (ODAC) of the United States Health Authority approval of trastuzumab biosimilar proposal recommended, indicated for the treatment of breast cancer.

In a filing with regulators, Biocon said the committee had voted 16-0 in support of eligible indications of the reference product.

“This vote is the first biosimilar trastuzumab proposal recommended by the committee,” he added.

Regarding development, Mylan President Rajiv Malik said: “We are delighted with ODAC’s recommendation to support the approval of Mylan’s biosimilar trastuzumab to increase affordability, competition and, above all, global access and use” .

CEO and CEO of Biocon joint Arun Chandavarkar, said: “We look forward to working with the FDA to obtain final approval to expand access to the affordable and high-quality treatment option for HER2 positive breast cancer.”

The two companies, in a joint statement, said the US Food and Drug Administration uses committees and charts to obtain advice from independent experts on various topics including product approval.

“The FDA generally follows the advice of ODAC to determine if a product should come on the market, even though they are not required to continue,” they added.

The biosimilar trastuzumab proposed by Mylan and Biocon is also under review by regulatory authorities in Australia, Canada, Europe and several emerging markets.

Biocon shares rose 8.19% compared to Rs. 396,70 each on BSE.

China says Kailash Mansarovar Yatra suspended because of border standoff

China says Kailash Mansarovar Yatra suspended because of border standoff

Beijing has demanded the withdrawal of Indian troops have crossed the Sikkim section of the China-India border.

China confirmed on Monday that its decision to suspend Kailash Mansarovar Yatra through Nathu La is based on the dead-end border, Xinhua said. Chinese Foreign Ministry spokesman Geng Shuang demanded that India remove its border guards, which Beijing accuses Sikkim of crossing the border section between China and India.

The Chinese army Monday accused the Indian army of causing tension in the real control line by halting the construction of a highway in what claims to be China’s “sovereign territory” in the Sikkim region along the border between India and China.

Beijing has said that Indian troops had “obstructed the normal activities of the Chinese border forces in the Donglang region recently, and the Chinese side has taken counter-measures”.

“China is dedicated to the development of bilateral relations and firmly uphold its legitimate rights,” Beijing said. “China expects India to be half way, will do nothing to complicate border issues and jointly maintain the good momentum of relations.”

However, India has stated that a fight broke out between Indian Army personnel and the People’s Liberation Army during the first week of June, near the Lalten post in a region from Sokkim to La Doka, authorities in New Delhi . PLA soldiers have damaged more than two exchange bunkers on the Indian side.

Indian authorities said the clash could not be deactivated even after a meeting between the flag of the military high command on both sides. “There was a stampede and a struggle between rival troops. Our soldiers formed a human fence to deny the PLA troops to make further incursions,” said an official of The Times of India.

Similar clashes occurred in this area of ​​Sikkim for 10 days. In November 2008, Chinese forces had destroyed the bunkers of the improvised Indian army in one place.

The Mansarovar Yatra, which was reported by the Ministry of Foreign Affairs, Sushma Swaraj June 11 was suspended on June 23 after China has responded to about 50 Indian pilgrims who would be allowed to enter it when weather and road conditions would improve . The pilgrims, who had to go to Tibet for the Nathu La Pass in Sikkim, had to return to Gangtok.

This year, seven batches of 50 pilgrims crossed each Tibet through Nathu La, and 18 batches of 60 pilgrims were scheduled to meet Kailash through the neck of Lipu Lekh in Uttarakhand, Hindustan Times reported. The Nathu La route was inaugurated in June 2015. Managed by the government of the Tibet Autonomous Region by China, hiking time is reduced.

Arun Jaitley urges Jammu and Kashmir to clear state GST Act for national rollout on July 1

Arun Jaitley urges Jammu and Kashmir to clear state GST Act for national rollout on July 1

Commodity prices will not increase with the new tax regime, Commerce Minister Nirmala Sitharaman said.

Arun Jaitley Urges Jammu and Kashmir to Eliminate GST Status Law for Nationwide Launch on July 1

Union Finance Minister Arun Jaitley on Tuesday urged the Jammu and Kashmir government, Mufti led by Mehbooba, to eliminate the State Property and Services Act prior to the enactment of the July 1 national law.

Jammu and Kashmir are the only ones that have not yet adopted the law. Jaitley said the failure of the application would put companies at a disadvantage and have a “negative impact” on the economy, the Hindu said.

Meanwhile, the Minister of Commerce and Industries, Nirmala Sitharaman, refuted the concern about rising commodity prices under the new regime. “There is no different explanation for the public and another for traders,” Sitharaman said. “It’s all the same. The price of basic necessities is not going to increase.”

In a letter to the Chief Minister, Jaitley would have suggested that the state uses its powers for a special statute under section 370 to give its approval without the authorization of the Assembly, the Times of India reported. The Popular Democratic Party party – the Bharatiya Janata Party government plans to end the stagnation in the Assembly before the nationwide launch, unidentified officials said.

The state will be a meeting of all parties to discuss the issue after a special session of the House on June 17, did not vote.

Implications for the state
The Finance Minister has warned the state government that the exclusion of the tax system would translate into higher prices of goods in the state, as well as an increase in taxes on goods leaving the state.

Jaitley said entrepreneurs would not be able to benefit from the credit option available under the new tax regime. “The GST is a tax based on fate … if the state of Jammu and Kashmir do not join the GST on July 1, dealers do not take into account the integrated GST in all purchases,” said Jaitley in his letter To the Mufti.

The Center began to accept registration applications from companies that still have to register with the Tax Network products and services.

Jaitley had said that the government had recorded nearly 65 lakh taxpayers on the network, The Hindu.

Once in the network, companies can use the common portal to file tax returns and pay taxes.

The Center has also delayed the launch of a role in the new tax regime that would make it compulsory for e-commerce players to deduct tax on payments made to suppliers.

The government led by the BJP said that small businesses using e-commerce platforms should not enroll in the network immediately.

The delay gives e-commerce platforms and suppliers more time to meet the requirements of the new law.

The Center has dismissed the claims of the Association of Indian Chambers of Commerce and the Ministry of Civil Aviation to postpone the implementation of the GST deployment.

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