Archives October 2024

New Delhi, October 03, 2024: GD Foods MFG (I) Pvt Ltd., the Indian food products company behind TOPS, one of India’s leading FMCG brands, proudly announces its sponsorship of state-level cricket T20 teams participating in the Delhi Premier League, UP Premier League, and Uttarakhand Premier League.

TOPS has sponsored both the men’s and women’s South Delhi Superstarz and North Delhi Strikers teams in the Delhi Premier League, bolstering talent and providing essential support to players in the capital city. In the UP Premier League, TOPS has come on board as Associate Partners for the Kanpur Superstars men’s and women’s teams, enhancing the competitive spirit and development of players in Uttar Pradesh. Additionally, TOPS has extended its support to the Nainital SG Pipers men’s and women’s cricket teams in the Uttarakhand Premier League, ensuring the growth and visibility of emerging cricket talent in Uttarakhand.

As a well-known and beloved consumer brand in the region, TOPS is a household name in the home states of each of these leagues. This association showcases the brand’s strong focus on empowering the youth to excel in every arena. This initiative marks a significant commitment by the brand to fostering grassroots sports and nurturing emerging talent across North India.

Dr. Nitin Seth, Vice Chairman, G.D. Foods, expressed enthusiasm about the associations, stating, “At TOPS we believe in the power of sports to unite communities and inspire individuals. By supporting these teams, we hope to help young athletes make a mark on the national stage and go on to bring glory to India and encourage the next generation of players.”

The Delhi Premier League came to a close on the 8th of September with a scintillating finish and one of the teams sponsored by TOPS, North Delhi Strikers, won the women’s finals and took home the coveted cup. The UP Premier League culminated with an exciting finale on the 14th of September while the Uttarakhand Premier League came to a close on the 22nd of September, leaving the fans on the edge of their seats as the teams competed and demonstrated their prowess on the field!

On October 3, 2024, the CREDAI NCR YouthWing T-20 Cricket League concluded with an exciting final at Gaur City Cricket Stadium, where Team Red triumphed over Blue by 19 runs. Mayank’s rapid 37 runs and Lakshay’s all-around brilliance with 25 runs and 2 wickets were key to Team Red’s victory. Despite Nikhil’s resilient 39 runs, Team Blue couldn’t break through. Organized by CREDAI NCR, the match fostered camaraderie among young real estate developers in the NCR region, promoting teamwork and healthy competition.

The match, which began at 3pm and concluded around 9pm, witnessed enthusiastic participation from Youth Wing members, showcasing their sporting skills and love for the game. The atmosphere was electrifying, with participants and spectators alike cheering on their respective teams. The excitement of the match was palpable as players demonstrated sportsmanship and collaboration both on and off the field.

The team that batted first put up a competitive score in the allotted 20-over match. In response, the second team, stepping onto the field, played an equally impressive innings. The team that emerged victorious in this thrilling match was honored with a trophy by the Joint Secretary of CREDAI NCR, Shri Nikhil Hawelia.

On this occasion, President of CREDAI NCR, Shri Manoj Gaur, remarked, “We are delighted to host this friendly match among the members of our Youth Wing. Such events not only foster a strong sense of teamwork but also encourage healthy competition, providing us with an opportunity to connect and strengthen the bond amongst our members.

More than just a sports event, this cricket match which was played amongst the members of youth-wing served as a powerful medium to foster brotherhood and strengthened the bond amongst the young members of the CREDAI NCR. It allowed the participants to interact in a relaxed and informal environment, nurturing friendships and mutual respect that are vital for personal and professional growth within the real estate industry.

This initiative aligned perfectly with CREDAI NCR’s mission to not only develop real estate sector but also to nurture relationships and encourage collaboration among its members.

With a successful turnout and overwhelming support from the Youth Wing members, this cricket match has set the tone for future activities aimed at building a stronger, more connected community of real estate Developers in Delhi NCR.

Special credit for organizing and managing the event goes to the core organizing committee, which comprises prominent members Shri Nikhil Hawelia, Shri Divam Kapoor, Shri Rahul Kumar, and Shri Vinayak Jain. Additionally, heartfelt appreciation is extended to the other members and the CREDAI NCR secretariat for their invaluable support, which ensured the success of the event. A special thanks is also extended to Shri Vishesh Gaur for his significant contributions.

October 3rd, 2024/Bhubaneswar: On October 2, 2024, the Business Club of Entrepreneurs (BCE) celebrated the spirit of entrepreneurship at the BCE Entrepreneurs Excellence Awards 2024 held at KT Global School in Barunei, Khordha, Odisha. The event showcased a remarkable gathering of innovators, creators, and business leaders, all dedicated to fostering growth and excellence within their communities.

The awards ceremony was meticulously organized by Ms. Nivedita Satpathy, the Convenor, alongside Acharya Madhuri as Co-Convenor. Key coordinators included Mr. P.K. Dixit, Ms. Snigdha Sangamitra, Prafulla Barik, and Purnendu Ray, who worked tirelessly to ensure the event ran smoothly.

Shreyas Webmedia Solutions showcased an exhibit at the event and received recognition during the ceremony, where Ms. Rekha Nair, the Director of HR and Operations, was honored by the chief guest, Chandan Kar, a renowned Ollywood actor and IT professional. This accolade underscores the company’s commitment to innovation and excellence in the digital realm.

Celebrating Local Talent

The event also celebrated the achievements of women from small-scale industries in Baripada, a rural area in Odisha. Their contributions to local entrepreneurship were acknowledged, highlighting the importance of empowering women in business and fostering a supportive environment for their growth.
The BCE Entrepreneurs Excellence Awards 2024 featured various categories, including the MSME Excellence Award, MSME Woman Entrepreneur of the Year, and MSME Young Entrepreneur of the Year. These awards aim to encourage and recognize outstanding performances within the micro, small, and medium enterprises sector.

Cultural Extravaganza

Beyond the awards, the event was enriched by vibrant cultural activities. Attendees enjoyed captivating performances, including traditional Odissi dance and the Paika dance, a martial folk dance of Odisha, showcasing the rich cultural heritage of the region.

Dr. Deep Khare, Director & Principal of KT Global, along with Ms. Rinku Sarangi, Vice Principal, addressed the gathering, emphasizing the importance of entrepreneurship in driving economic development and cultural preservation.

Exhibitions and Networking

In addition to the awards, the event featured various exhibits, showcasing an array of local craftsmanship and industries. Stalls included handloom textiles, exquisite jewelry, Sambalpuri handloom products, Odisha pattachitra art, millet promotion initiatives, real estate options, and innovative water filter solutions. These exhibits provided a platform for entrepreneurs to network, share ideas, and promote their products.

The BCE Entrepreneurs Excellence Awards 2024 was a resounding success, celebrating the dynamism of local entrepreneurs and honoring those who have made significant contributions to their fields. With the participation of esteemed guests and local talents, the event not only recognized achievements but also inspired future generations to pursue their entrepreneurial dreams. As the BCE continues to champion excellence in entrepreneurship, the impact of such events will surely resonate throughout the community for years to come.

Delhi, 3rd October: Fixderma and FCL Skincare, a dermatologist prescribed skincare brands launched their mobile app on 1st October 2024. The app is available on both iOS & Android. It is designed to provide a seamless shopping experience. It will allow users to get their favorite products delivered with faster delivery option & various discounts which are app exclusive. The launch will help the brand foster more personalized connections with its customers. This is another step in our journey to build customer relevance, following the recent opening of brand’s physical store.

“At Fixderma, customer experience is our top priority. Our new app offers a seamless and engaging shopping experience, offering complete skincare solution. From product discovery to expert advice, we’ve got you covered. We aim to set a new standard for skincare accessibility with this app, and we can’t wait for you all to try it”, shared Ms. Shaily Mehrotra, CEO and Co-Founder, Fixderma.

It’s a big step in creating deeper, more personalized relationships with our customers. While mobile apps aren’t the norm in skincare, we wanted to go beyond the usual. It’s about providing an experience that keeps customers closer, more engaged, and enhances retention. Here’s to a new chapter in customer connection!”, added Mr. Preetam Jena, Chief Marketing Officer and e-Commerce Head, Fixderma.

The Fixderma app is a comprehensive skincare solution designed to help users understand their skin better. The app brings expert skincare advice to your fingertips and offers exclusive deals, fast delivery, and priority customer support. The app will later embed advanced AI technology feature which will accurately analyze your skin type and conditions in order to provide personalized product recommendations. The application will also in future provide its users an option of booking free consults with certified dermatologists and allows for expert skincare advice and customized treatment plans.

New Delhi, 3 October 2024: Lohia Worldspace, the newly entrant real estate player is leading a groundbreaking shift in real estate by incorporating advanced virtual reality (VR) technology into the homebuying process. This forward-thinking approach enables potential buyers to fully engage in virtual tours of their future homes, allowing them to personalize every aspect, from furnishings to paint choices, even before construction starts.

With the VR technology offered by Lohia Worldspace, clients can don a VR headset and navigate through highly detailed, interactive 3D models of properties that are still under development. This immersive experience enables buyers to make real-time adjustments and visualize their future homes with unprecedented clarity and precision.

“At Lohia Worldspace, we believe that quality housing enhances living standards and fosters community growth. By leveraging VR technology, we provide our clients with interactive virtual tours of our properties, enabling them to customize their future homes from the comfort of their own homes. This technology not only helps buyers make more informed decisions but also allows them to experience their potential living spaces in a way that traditional photos and videos cannot offer,” says Pyush Lohia, Director of Lohia Worldspace.

Across tier-2 cities like Moradabad, where many local developers still rely on traditional methods to showcase properties, Lohia Worldspace offers innovative solutions to its customers through VR technology. Buyers, who may not be accustomed to such immersive experiences, now have the opportunity to virtually walk through homes, gaining a clearer understanding of the space and layout. This significantly reduces the uncertainty typically associated with buying properties under construction.

The introduction of VR in real estate addresses a common challenge faced by buyers of properties under construction—visualizing their future homes. VR provides a lifelike, real-time experience of the property, aiding buyers in making more informed decisions. Industry reports indicate that the AR and VR market in India is expected to reach to reach USD 0.789 billion by the end of 2024, with an expected annual growth rate (CAGR) of 9.74% from 2024 to 2029. This growth trajectory is estimated to bring the market volume to USD 1.256 billion by 2029. In contrast, the global market is expected to grow at a CAGR of 8.97%, reaching an estimated volume of USD 62 Billion by 2029.

Lohia Worldspace’s adoption of VR technology sets it apart from local competitors. While most developers in the region still focus on traditional blueprints and physical models, Lohia Worldspace enables clients to engage with their future homes in ways that local buyers have not experienced before. This competitive advantage ensures that Lohia Worldspace is not only offering homes but also revolutionizing the entire buying process with technology-driven solutions.

On October 3, 2024, the city Kharadi, Pune will witness a dazzling spectacle as RAANYA, the innovative creation of Ridaan Array, will make its grand return for third season. The fashion and lifestyle exhibition exceeded expectations in its last seasons, promising and delivering an event that was bigger and better than ever before.

A Showcase for Small Business Excellence

RAANYA Season 3 will be a beacon for small and medium-scale entrepreneurs, offering them an unparalleled platform to display their exceptional products and services. The exhibition will feature a wide range of offerings, from exquisite clothing to thoughtful gifting solutions, catering to every taste and occasion.

The Perfect Pre-Festivity Shopping Destination

As the auspicious festival season approached, RAANYA Season 3 is an ideal shopping destination. Visitors will be treated to a plethora of stalls adorned with handpicked products, ensuring they found the perfect gifts for their beloved ones.

A Hub for Networking and Socializing

Beyond the allure of fashion and shopping, RAANYA Season 3 will serve a prime venue for networking and social interactions. Entrepreneurs will connect with like-minded individuals, exchanged ideas, and forged new business partnerships, making the exhibition an invaluable opportunity to expand professional circles.

Surabhi Aplesh, Founder & CEO of Ridaan Array, enthused, “Hello Punekars and visitors, prepare to ignite your shopping desires at our exclusive Festive Pop Up!”

New Delhi, October 3, 2024 – The Ayush Medical Value Travel Summit 2024, themed ‘Global Synergy in Ayush: Transforming Health and Wellness through Medical Value Travel,’ is set to position India as the premier global hub for holistic healthcare based on Ayush systems. This landmark event is organized by the Ministry of Ayush, Government of India, in collaboration with the Ministry of Tourism, the Government of Maharashtra, and key partners at Hotel Sofitel, BKC, Mumbai.

Shri Prataprao Jadhav, Union Minister of State (Independent Charge), Ministry of Ayush, and Union Minister of State, Ministry of Health & Family Welfare, Government of India, inaugurated the summit as the chief guest. In his address, he said, “At the Ayush MVT Summit, we celebrate India’s natural beauty and its holistic healthcare offerings—Ayurveda, Yoga, Unani, Siddha, and Homeopathy—attracting thousands of international tourists annually. Our focus on comprehensive health encompasses physical, mental, and spiritual well-being, making India a global leader in health tourism. Under the leadership of Hon’ble Prime Minister Shri Narendra Modi, Ayush has gained global recognition. He is now vital to India’s healthcare system, including integration into AIIMS and defence hospitals. With the G-20 presidency, we have positioned Ayush globally, integrating these practices into various healthcare systems and institutions nationwide.”

Hon’ble Ayush Minister added, “People are interested in experiencing authentic Ayush services, but many times it is observed that either they are unaware or don’t have access to these services. Events like this create bridges, bringing the healing power of traditional wellness within reach for all.”

Additionally, he mentioned his conversation with the Chief Minister of Maharashtra, Shri Eknath Shinde, in which he proposed establishing a Ministry of Ayush in Maharashtra and an Ayush University.

In his keynote presentation, Vaidya Rajesh Kotecha, Secretary, Ministry of Ayush, Government of India, stated, “The global reach of Ayush has significantly expanded, with exports witnessing substantial growth. The size of the sector has increased dramatically. I would like to inform you that RIES (Research in Information Systems), an autonomous institute under the Ministry of External Affairs dedicated to research in development economics, has conducted a study on the Forum for Indian Traditional Medicine (FITM). According to their analysis, which compared data from 2014 to 2020 and was reported in 2021, the size of the Ayush sector grew from $3 million in 2014 to $18.1 million in 2020—an increase of sixfold within six years. Furthermore, projections for 2023 estimate that this size will reach $24 million, representing almost an eightfold increase since 2014.”

Shri Dr. Manoj Nesari, Advisor (Ayu), Ministry of Ayush, Government of India, said in his welcome address, “We are thrilled to welcome 650 participants to the Ayush Medical Value and Wellness Travel Summit. The Ministry of Ayush has signed an MOU with the Ministry of Tourism to enhance Ayush and medical value travel, with support from the Indian Tourism Development Corporation. State governments must collaborate with their tourism departments to promote Ayurvedic wellness travel and ancient sites of significance. As the number of foreign travellers seeking Ayush treatments grows, it’s vital for all stakeholders—tour operators, insurance providers, and hospitality leaders—to unite and leverage government initiatives to boost this essential sector.”

“The state Ayush departments should collaborate with state health departments to promote archaeological sites of Ayurveda and yoga thus increasing Ayush based medical tourism.”, added Dr. Nesari.

Padma Shri and Padma Bhushan awardee Vaidya Shri Devendra Triguna, President of the All India Ayurvedic Congress, spoke passionately about his commitment to promoting Ayurveda. His dedication has led to the establishment of numerous institutes, including the Central Council of Indian Medicine (CCIM), the All India Institute of Ayurveda, and the Rashtriya Ayurveda Vidyapeeth. Vaidya Triguna’s efforts have significantly extended the reach of Ayurveda, impacting over 80 countries worldwide and establishing him as a torchbearer for the Ayush sector.

Dr. Raman Ghungralekar, Director, Directorate of Ayush, Government of Maharashtra, delivered the Vote of Thanks.

The summit aims to strengthen India’s position in Medical Value Travel (MVT) by integrating traditional Indian systems of medicine—Ayurveda, Yoga, Unani, Siddha, and Homeopathy (Ayush)—with modern healthcare systems. Other distinguished guests included Health, Ayush, and Tourism officials from the Governments of Maharashtra, Goa, Gujarat, Madhya Pradesh, and Rajasthan.

Key Event Highlights:
•     The inaugural summit featured an Interactive Session with Foreign Missions in India, with high-level discussions on government initiatives and policies to promote Medical Value Travel and empower Ayush service providers.
•     Presentations by central and State Governments and an interactive session with foreign missions in India explored regulatory frameworks, insurance coverage, and international patient services. Speakers included Dr. Manoj Nesari, Advisor (Ayu), Ministry of Ayush, Government of India, and Dr. Rajeev D Nivatkar, Commissioner, Directorate of Medical Education & Research, Government of Maharashtra.
•     Session II: Success Stories and Expanding Opportunities in Ayush & Medical Value Travel: Insights from prominent wellness centres and hospitals attracting international patients. Speakers included Mr Joy Kumar Singh, CMO, Atmaneem Nature Cure, Gujarat; Mr Nikhil Kapur, Co-Founder of Atmantan Wellness Centre, Pune; and Ms Natalie Grant Nanda, Director of Ruby Hall Clinic, Pune.
•     Panel Discussions: Featuring top leaders from the Ayush sector, including Dr Rohit Madhav Sane, MD & Founder of Madhavbaug Wellness, Mumbai, and Dr Saurabh B. Dave, Chairman of Dhanvantari Super Speciality Ayurveda, exploring challenges and opportunities for global collaborations in Ayush-based wellness services.
•     The event also showcased an exhibition of Ayush manufacturers and service providers.

In rural India, awareness about Ayush varies from 87% to 99% for all states and UTs except for Arunachal Pradesh (77%), while in Urban India, the awareness is more than 86% across all states and UTs. Ayurveda is the most commonly used system (>86%) of Ayush across India. The Insurance Regulatory and Development Authority of India (IRDAI) issued new guidelines on April 1, 2024, requiring health insurance companies to offer AYUSH treatments at par with other treatments. So far about 49 life insurance companies are providing about 69 packages.

The summit provided a unique platform for stakeholders, including government officials, wellness centres, medical travel facilitators, insurance companies, and industry leaders, to discuss the future of Ayush-based healthcare and Medical Value Travel. Participants gained insights into regulatory provisions, opportunities in international markets, and initiatives driving Ayush’s global growth.

In conclusion, Shri Prataprao Jadhav said, “Ayush is tackling health issues like diabetes and liver diseases with evidence-based treatments, aiming for accessibility for all. We urge the government to provide free Ayush treatment for all employees and are committed to establishing affordable Ayush centres at block and tehsil levels. On October 9, we will inaugurate our first Ayush Jan Aushadhi Center to integrate traditional practices into healthcare. The nationwide ‘Women’s Health Check’ initiative will promote health awareness through Ayurveda. The first Medical Value Travel Summit 2024 in Mumbai will be followed by events in Bhubaneswar and a grand finale in Delhi, targeting one crore households with ‘Desh ka Prakrutik Parikshan – Ghar Ghar tak Ayurved on the occasion of Ayurveda Day.”

With support from FICCI, Invest India, ITDC, Ayushexcil, FHRAI and SEPC, the summit featured discussions on key government initiatives, industry insights, and successful case studies in medical value travel. India ranks 10th globally in the Medical Tourism Index, and its top wellness tourism destinations underscore the nation’s potential to attract international patients seeking integrated and cost-effective healthcare solutions.

Cafe Delhi Heights is thrilled to announce the launch of its exclusive Navratri menu, available from October 3rd to 12th across all outlets. The specially crafted menu offers a delightful blend of traditional fasting delicacies, bringing authentic flavours to the table during this auspicious festival.

The highlight of the offering is the Navratri Thali, priced at INR 595++. This complete meal is designed to provide a wholesome and fulfilling dining experience for those observing fasts, featuring a variety of dishes that adhere to fasting guidelines while tantalising the palate with rich, vibrant flavours. The thali includes signature items such as Sabudana Khichdi, a delicious take on the traditional pulao; Makhanwala Paneer, prepared in a creamy gravy of tomatoes and spices; and Chatpata Aloo Chaat, a spicy and flavorful potato dish balanced with cumin seeds. Other delicacies include Kuttu Ki Roti, a staple dish made with buckwheat flour; Seb aur Anar Ka Raita, a refreshing combination of apple cubes, pomegranate pearls, and creamy yoghourt; and the decadent Phalahari Kheer, a sweet treat made with samak rice, milk, and dry fruits.

To complement the thali, Cafe Delhi Heights also offers a variety of a la carte options, such as the rich and sweet Kesari Malai Mawa Lassi, which is loaded with malai, mawa, and a hint of saffron, and the refreshing Phalahaar, a light yet potent combination of apple, cucumber, and tomato.

“The Navratri festival holds great significance for many of our guests, and we’re excited to celebrate this time by offering a menu that blends tradition with our signature culinary flair,” said Vikrant Batra, Co-Founder of Cafe Delhi Heights. “Our Navratri Thali and accompanying dishes are designed to give people the chance to enjoy flavorful, fasting-compliant meals without compromising on taste or quality.”

Zee Business, India’s leading business news channel, proudly announces its special Navratri programming, crafted to provide investors with comprehensive financial insights, expert recommendations, and market strategies during this auspicious season. This exclusive line-up of shows will air daily from 3rd October to 11th October 2024, from 8:00 am onwards. It offers viewers a unique blend of investment ideas and in-depth market analysis to help them make informed decisions on wealth creation and strengthen their portfolios.

Acknowledging the importance of Navratri as a time for new beginnings and prosperity, Zee Business has meticulously curated a series of segments that cater to the diverse needs of investors, from beginners to seasoned market participants. The Navratri programming will also feature expert-led discussions, stock analysis, and recommendations that will guide viewers in identifying top-performing stocks, evaluating potential investment opportunities, and staying updated on market trends. This festive season, Zee Business aims to be the go-to source for insightful financial guidance that empowers investors to achieve long-term economic success.

One of the highlights of the programming is ‘नवरात्रि PICK’, where viewers will be treated to a comprehensive report on outstanding stocks carefully identified by Zee Business’s expert research team, providing maximum value to investors and helping them build robust portfolios aligned with their financial goals. Additionally, the ‘नवरत्न SIP’ segment will feature a rewarding stock pick after a thorough examination of its pros and cons, offering an exclusive opportunity for viewers to gain insights from market expert Anil Singhvi, who will share his views on the stock’s performance and potential.

The ‘FII PICK’ (Festive Investment Idea) segment interestingly promises to be another exciting addition, featuring guest recommendations on top festival stock ideas to guide viewers in making wise financial decisions that align with their long-term goals. Lastly, the ‘News par Views Festival Special’ will provide an in-depth analysis of current business and financial news, featuring insights from experts and industry insiders on market developments, corporate news, policy changes, and global economic trends, ensuring that viewers remain well-informed during the festive season.

Mr. Anil Singhvi, Managing Editor of Zee Business, shared his thoughts on this special programming, highlighting, “Navratri represents a time for new beginnings and prosperity, and through our carefully curated segments, we aim to provide valuable guidance that will help investors make informed choices. Our goal is to ensure that our viewers have access to the right tools and knowledge needed to build a strong investment portfolio and achieve financial success, making this festive season not only a celebration but also an opportunity for wealth creation.”

“Our Navratri special programming reflects Zee Business’s dedication to empowering investors with the right information and insights during this festive season. We believe that this is an excellent opportunity for viewers to gain expert knowledge and make strategic investment decisions.”

This special Navratri programming reinforces the channel’s dedication to providing quality market insights, expert recommendations, and actionable investment strategies that will help investors navigate the complexities of the market and achieve financial growth during this festive period.

Zee Media Corporation Ltd, one of India’s leading media companies, has a strong presence in the news and regional genres, with 18 news channels in seven different languages, reaching more than 528+ million viewers through its linear and digital properties.

Mumbai, India, October 1, 2024

Mphasis, (BSE:526299; NSE: MPHASIS), a leading Information Technology (IT) solutions provider specialising in cloud and cognitive services, today announced the election of Ms. Jan Kathleen Hier, the Company’s Independent Director since December 2015, as the Chairperson of the Board, effective 1 October 2024. Ms. Hier succeeds Mr. Davinder Singh Brar, who retires effective 30 September 2024; consequent to successful completion of the term, as an Independent Director, approved by the shareholders.

Ms. Hier previously served as a partner at a start-up and as Executive Vice President at Charles Schwab, where she led centralized support services, including Schwab Technology Services, Operational Services, Corporate Project Management, Operational Risk Management, and Offshore Services. During her tenure at Schwab, she also held several senior leadership positions, including Chief Information Officer, Executive Vice President of Human Resources, and Head of Electronic Brokerage Technology.

“Mphasis recognizes and values Ms. Hier’s contributions to the Board for many years. Her broad industry knowledge, long history of leadership, coupled with deep experience advising global clients, makes her an ideal person for this role. As she takes on Chairmanship of the Board, I look forward to her continued counsel and leadership, and we will continue to work closely with her, to make a positive impact for all stakeholders. I also wish to thank our outgoing Chairman, Mr. Davinder Singh Brar, for his years of service, leadership, and counsel to the Board,” said Mr. Nitin Rakesh, CEO and Managing Director, Mphasis.

“I feel very privileged to take on this role at such an inflection point in the technology services industry. Transformation with agility to meet the needs of clients, employees, regulators, and all other stakeholders is table stakes. I look forward to collaborating closely with my fellow Board members and Management to drive innovation and create sustainable, long-term value for our stakeholders,” said Ms. Jan Kathleen Hier, Chairperson, Mphasis.