Archives December 2025

Mumbai, Dec 29:-Leadership hiring across India’s BFSI sector is entering a consolidation phase, with institutions signalling a clear shift towards stability, risk management and governance as they prepare for 2026, as per a survey conducted by Venator Search Partners, a retained executive search firm.

The leadership mix in 2025 sends a clear message for the year ahead, with Chief Risk Officers emerging as the most sought-after function outside the CEO role. When combined with Chief Compliance Officers and Chief Financial Officers, control functions represented 22.4 percent of the total leadership replacement cohort. This concentration indicates that nearly one quarter of senior leadership bandwidth is focused on safeguarding asset quality, capital adequacy and regulatory compliance, a trend expected to continue through 2026.

Venator Search Partners came out with the findings after tracking 76 leadership movements at MD and CEO plus other CXO levels across 16 large NBFCs and HFCs during 2024 and 2025. Of these organisations, 6 were NBFCs and 10 were HFCs, including 9 listed and 7 unlisted companies, representing a significant share of India’s retail and wholesale credit ecosystem.

One of the most significant developments in 2025 has been the noticeable turnover at the top management level. The data shows multiple transitions of Managing Directors (MDs) and Chief Executive Officers (CEOs), emphasizing how the role has become increasingly demanding. Heightened regulatory scrutiny, pressure on unsecured portfolios, and rising expectations from boards have collectively raised the standards for leadership performance. This trend reflects the broader corporate environment in India, which recorded 141 CEO exits in FY25, compared to 119 in FY24, reinforcing the perception that leadership tenures are becoming shorter and more results-oriented.

Hiring strategies across BFSI institutions show a careful balance between continuity and change. 55.3 percent of leadership roles were filled through internal promotions, while 44.7 percent were external hires, indicating confidence in internal talent pipelines alongside selective external hiring. Notably, 6 of the 16 organisations relied entirely on internal promotions, while 2 organisations adopted a 100 percent external hiring approach, pointing to strategic resets rather than routine succession.

When institutions did look outside, they stayed close to familiar ground. 58.8 percent of all external hires came from the banking sector, while 29.4 percent were sourced from other NBFCs or HFCs. This underscores the premium placed on regulatory understanding and credit experience, particularly as asset quality concerns remain top of mind.

Beyond control roles, business leadership hiring reflects a recalibration of priorities. Business Heads and Product Heads accounted for 26.7 percent of leadership movements, signalling a shift away from growth-led expansion towards portfolio resilience. These leaders are increasingly tasked with improving loan mix, strengthening secured lending and protecting margins amid elevated funding costs.

Operational efficiency has also moved up the agenda. People and Operations roles represented 24.4 percent of leadership appointments, highlighting a transition from large-scale hiring to productivity and cost optimisation. Operations teams are being reshaped around digital processes, while HR leadership is focusing on specialised skills in underwriting discipline, fraud management and digital collections.

Women made up just 14.5 percent of leadership moves (11 of 76 appointments), despite a 100 percent step-up rate, underscoring strong merit-based progression but limited senior-level representation.

Professional diversity also remains constrained. 87.8 percent of leaders came from financial services, including 39.2 percent from banking and 33.8 percent from NBFC or HFC backgrounds, while only 12.2 percent were drawn from non-financial sectors, reinforcing the sector’s preference for domain familiarity over cross-industry hires.

Commenting on the outlook, Deepraditya Datta, Founder of Venator Search Partners, said;

 “Leadership hiring today reflects a sector that is prioritising discipline over disruption. Boards are signalling that resilience, judgement and regulatory comfort will define leadership success over the next cycle.”

As BFSI institutions move into 2026, the leadership signals from 2025 suggest a continued emphasis on risk-anchored decision making, with growth roles likely to gain prominence only after asset quality stabilisation takes firmer hold.

Chennai, Dec 29:- In a first for Chennai, VS Hospitals has introduced Transcranial Magnetic Stimulation  therapy for the treatment of neurological conditions. This advanced, non-invasive treatment uses gentle magnetic pulses to stimulate specific areas of the brain, offering new hope for patients with stroke, migraine, neuropathic pain, depression and other neurological disorders. With its strong safety profile, minimal side effects, and international clinical acceptance, TMS marks a significant step forward in enhancing brain-health care in the city.

Transcranial Magnetic Stimulation  therapy was inaugurated in the presence of Mr. Muthu Subramanian, Executive Director, Mr. Prassanna, Group COO, Dr. Sindhuja, Senior Consultant Neurologist, and Prof. Dr. S. Sundar, Senior Orthopedic Surgeon, Director, and Medical Director, VS Hospitals.

The therapy is particularly useful in patients who have not responded well to conventional treatments. The TMS device uses a coil to deliver magnetic pulses over a focused area of the brain at a threshold that is individualised for each and every person. Hence, it represents a personalised treatment model according to each person’s brain condition. TMS is useful in the treatment of post-stroke weakness and speech disturbance, acute and chronic headaches, chronic neuropathic pain, Parkinson’s disease and dementia. It has a good treatment response for psychiatric conditions like major depressive disorder, OCD, and anxiety.

Commenting on the therapy, Dr. L. Sindhuja, Consultant Neuro Physician, VS Hospitals, said;

“TMS is a safe, non-invasive procedure that can significantly aid patients struggling with chronic neurological disorders like strokes, which are slow to improve, refractory headaches, neuropathic pain and functional neurological disorders. By precisely targeting affected brain regions, we can stimulate neural pathways that have been slow to recover, offering hope where conventional therapies may not suffice. During a TMS session, patients either sit or lie comfortably while the clinician positions the magnetic coil over the targeted area in the scalp. Patients may experience a gentle tapping sensation or brief muscle twitching. Each session lasts around 20-30 minutes, and patients can return to their normal activities immediately after. This is an outpatient treatment without any injections or anaesthesia, or radiation.”

In addition to TMS, the hospital also offers Magnetic peripheral nerve stimulation, a non-invasive therapy that uses a handheld coil placed on the skin over the affected area. This treatment is effective in managing conditions such as sciatica, nerve injuries leading to muscle weakness, chronic musculoskeletal pain, foot drop and carpal tunnel syndrome.

The pharmaceutical sector is at a turning point. With artificial intelligence accelerating drug discovery, technologies reshaping healthcare delivery, and a growing emphasis on sustainable practices, the demand for pharmacy professionals who can think critically, innovate, and lead has never been higher. In this evolving landscape, the Shobhaben Pratapbhai Patel School of Pharmacy & Technology Management (SPPSPTM), SVKM’s NMIMS, made a strong impression at the 74th Indian Pharmaceutical Congress (IPC 2025), earning three major honours.

The event, organised by the Association of Pharmaceutical Teachers of India  was held at the Bangalore International Exhibition Centre and centred on the theme, AI and Technology in Pharma: Educate, Innovate, Empower. It brought together academicians, researchers, and industry professionals from India and abroad to discuss how technology is influencing drug development, quality assurance, and healthcare delivery.

Dr. Meena Chintamaneni, Pro Vice-Chancellor, SVKM’s NMIMS, was conferred the APTI Fellowship Award in recognition of her contributions to pharmaceutical education. Speaking on the occasion, she said, “Pharmacy education must evolve alongside changes in healthcare and technology. It goes beyond experiments and formulas to fostering curiosity, asking the right questions, and preparing students to address challenges we cannot yet foresee. This recognition is a reminder that while institutions shape individuals, educators also carry the responsibility of shaping institutions for the future. Our role is to help students think critically, remain curious, and stay grounded in purpose.”

SPPSPTM was also awarded the Education Excellence Award for its academic practices and curriculum design, recognising its focus on teaching quality, interdisciplinary learning, and student development. In another achievement, Mr. Keith D’Souza, a B.Pharm alumnus, received the APTI Certificate of Excellence after securing Rank 1 in GPAT and NIPER 2025.

Faculty members from the school actively participated in the Congress, engaging with peers and industry representatives over the three-day event. The recognitions mark a moment of academic acknowledgement for SPPSPTM at a time when pharmacy education is being shaped by rapid technological and sectoral change.

Global financial markets have never been more complex. Volatility, rapid information flow, and international interconnectivity make decision-making a real test of skill, patience, and intuition. While classroom learning provides foundational knowledge, students often step into their first jobs unprepared for the real-time pressures of trading floors. Recognising that traditional lectures alone cannot fully prepare students for fast-paced market realities, students from SVKM’s NMIMS took on the Bloomberg Global Trading Challenge 2025, a month-long competition that replicates live market conditions for participants worldwide. Over five weeks, 2,695 university teams from across the globe competed, applying strategy, risk management, and portfolio construction in real time through Bloomberg Terminals.

The Challenge tested participants on live trading strategies, risk assessment, portfolio construction, and decision-making under real-time market pressures. NMIMS teams delivered a strong performance on the global leaderboard. Bombay Bulls, representing the Sarla Anil Modi School of Economics, Mumbai, secured Rank 40. Bull Riders, from the School of Business Management, Indore, finished at Rank 51, while Equilords, representing the Anil Surendra Modi School of Commerce, Navi Mumbai, achieved Rank 63, earning all three teams a place in the Global Top 100. Additionally, the NMIMS Hyderabad campus received a participation certificate and ranked 137th globally.

Commenting on the achievement,  Dr Ramesh Bhat, Vice Chancellor, NMIMS University, said,

“The Bloomberg Global Trading Challenge offers a rare opportunity for students to apply classroom concepts in a simulated yet realistic market environment. Performances like these reflect the growing emphasis on experiential learning across NMIMS schools and the ability of our students to think strategically, manage risk, and respond decisively under pressure.”

As Indian students increasingly engage with global platforms, performances at international competitions such as the Bloomberg Global Trading Challenge underline the value of hands-on exposure in building market-ready talent. SVKM’s NMIMS continues to strengthen experiential learning frameworks that bridge academic knowledge with real-world financial markets.

Higher education worldwide is entering a period of profound transformation. Rapid technological change is no longer a peripheral influence it is actively reshaping how we teach, learn, work, communicate, and even understand ourselves as social beings. Technology has evolved from being an enabling tool to a decisive force, redefining socio-cultural norms and educational expectations. In this new reality, learning is no longer purely an individual cognitive activity; it is simultaneously personal, social, and deeply collaborative.

This transformation is not unique to India. Globally, universities are responding to a complex mix of forces reshaping higher education systems. Key drivers include the demand for efficiency, rapid technological advances, evolving employer expectations, changing student aspirations, growing emphasis on entrepreneurship and innovation, and a global commitment to sustainable growth.

The need for efficiency is unavoidable. Higher education institutions operate under constrained resources and rising expectations. The central challenge is to optimise the use of financial, human, and physical resources while maximising learning outcomes, research productivity, and societal impact. This calls for smarter governance, data-driven decision-making, and technology-enabled administrative systems.

Technological advances are the most visible drivers of change. Breakthroughs in information and communication technologies  biotechnology, genetics, and nanotechnology are transforming every discipline. Among these, ICT has a uniquely pervasive influence reshaping knowledge creation, dissemination, and consumption across classrooms, laboratories, boardrooms, and living rooms. Industrial history from steam power to electricity, automation, and now microprocessor-driven systems reveals a pattern: each revolution displaced certain types of labour while creating new skill demands. Today, Industry 4.0, powered by the Internet of Things and artificial intelligence, represents a qualitatively different shift, transforming both industry and higher education.

One pressing challenge is not whether students should use AI tools, but how to train them to use these tools wisely. Universities must develop students’ ability to critically evaluate AI outputs, discern what can be trusted, and identify what requires deeper scrutiny. Equally important is faculty development: teachers must become experts in both their disciplines and AI-augmented pedagogies that enhance learning rather than replace critical thinking.

As technology reshapes work, future jobs will become increasingly cognitively complex and ethically demanding. Machines will handle routine analysis and synthesis, leaving humans to make judgments requiring contextual understanding, values, and responsibility. Universities must prepare graduates to navigate ambiguity, make ethical decisions, and integrate knowledge across domains.

Finally, student expectations especially those of Gen Z are evolving rapidly. Students are asking deeper questions: “How can I make the world a better place? How do we design a sustainable future? How can I innovate responsibly?” Higher education in 2026 must align employability with purpose, innovation with ethics, and excellence with sustainability.

We hope this perspective proves valuable for publication. For additional inputs, clarifications, faculty perspectives, or institutional information from Thapar Institute of Engineering & Technology, please feel free to reach out.

New Delhi, Dec 29: At Dr. Ambedkar International Centre, Janpath, New Delhi, Shri Ganesh Seva Mandal Delhi (Regd.), Laxmi Nagar and Rupamata Foundation, Dharashiv, Maharashtra will jointly organize ‘Vande Matrushakti Mahotsav’ as a grand festival on 30 December 2025 at 5:00 PM. Vande Matrushakti Mata Pujan Day 2025 is an important national event celebrating love for the mothers, maternal values, and the glorious tradition of motherhood in India. Through this program, an effort is being made to bring great mothers from across the country onto a single platform to honor and elevate the radiant values of motherhood. The program is being coordinated by Shri Mahendra Ladda, Founder President of Shri Ganesh Seva Mandal Delhi, Adv. Vyankat  Gund Patil Founder President of Rupamata Foundation and Dr. Kiran Zarkar, scientist and originator of the Skill Book initiative. Adv. Vyankat Gund Patil has played a significant role in the conceptualization, coordination, and execution of the event.

While addressing a press conference at press club of India in Delhi, Organizer  of the programme and Founder President of Shri Ganesh Seva Mandal Delhi ( Reg.) Laxmi Nagar ,Shri Mahendra Ladda Said,  “the program will be presided over by Mrs. Vijaya Rahatkar, Chairperson of the National Commission for Women, New Delhi. The event will be graced by Mrs. Justice (Retd.) Gyansudha Mishra, former Judge of the Supreme Court of India, BJP MP Ms. Bansuri Swaraj along with three revered saints and national inspirational personalities. The Chief Guests will include Jagadguru Swami Rajendradass Devacharya Maharaj Ji, Swami Ramdev Baba of Patanjali Yogpeeth, Haridwar, Acharya Dr. Lokesh Muni Ji, Founder President of Ahimsa Vishwa Bharati, and Mr. Ajay Chaudhary, Special Commissioner of Police, Delhi.”

Speaking about the initiative, organizer Adv. Vyankat Gund Patil stated that Vande Matrushakti Mata Pujan Day is not merely a cultural or religious program, but a value-based national movement aimed at re-establishing the position, importance, and dignity of motherhood in Indian society. A mother is the foundation of values, the heart of the family, and the moral center of society. Strengthening this message across the nation is the core objective of the event.

During the program, several mothers from across the country who have dedicated their entire lives to family, society, culture, education, service, and national interest will be specially honored with certificates of appreciation and mementos. The event will also witness the release of the book “Vande Matrushakti”. The book presents inspiring life stories of mothers who have shaped ideal sons for the nation. It is authored by Dr. Kiran Zarkar, with conceptualization by Adv. Vyankat Gund Patil and Shri Mahendra Ladda. Vande Matrushakti is a unique, value-enriched, and inspirational work dedicated to the sacrifice, values, competence, and compassion of Indian mothers.

In addition, a devotional Bhajan Sandhya by Kaliputra Kalicharan Maharaj will be organized, featuring traditional cultural compositions such as Shiv Tandav, Abhangs, and Devi Gondhal. Renowned kirtankars HBP Purushottam Maharaj Patil Aai Majhi, HBP Vishal Maharaj Khole famous for Pingala and Chhatrapati Shivaji Maharaj Powadas and HBP Sopan Sanap Shastri Maharaj will enrich the atmosphere with devotional abhang singing, making the evening deeply spiritual and inspiring.

Hyderabad, Dec 29:- KL Deemed to be University successfully conducted its XV Convocation Ceremony, marking a defining moment in the academic journey of over 5,000 graduating students from the 2025 academic year. Organised at the University’s Vaddeswaram campus, the ceremony reflected the scale, diversity, and academic depth of the institution’s vibrant higher-education ecosystem.

The convocation unfolded in an ambience charged with emotion, excitement, and pride, as graduating students, parents, and faculty came together to celebrate years of perseverance and achievement.

The ceremony was graced by Prof. Vinod K. Singh, President of the National Academy of Sciences, India, who attended as the Chief Guest and delivered the Convocation Address. Dr. Shripad Banavalli, Coordinator, Tata Memorial Centre  Rural Outreach Program, participated as the Guest of Honour.

Degrees were conferred upon 184 doctoral scholars, over 700 postgraduate students, and more than 4,500 undergraduate students, representing a broad spectrum of disciplines including engineering, management, sciences, law, pharmacy, agriculture, architecture, and the humanities. The graduating cohort included 340 MBA, 105 M.Tech, 40 Law, 3,200 B.Tech, 12 Architecture, 48 B.Pharmacy, 330 BCA, 325 BBA, 37 B.Com, 18 B.Sc 25 BA, 180 B.Sc  14 M.Pharmacy, 32 M.Sc  and 220 MCA graduates.

Academic merits and sustained excellence were formally recognised during the ceremony, with 44 students receiving Gold Medals and 40 students being awarded Silver Medals, along with cash prizes, for outstanding performance in the preceding academic year.

Addressing the graduating students, Hon’ble Chancellor Er. Koneru Satyanarayana said, “Education does not end at convocation; it begins there. The true measure of learning lies in how graduates apply their knowledge with integrity, responsibility, and a commitment to creating value for society.”

Vice-Chancellor Dr. G. Parthasaradhi Varma said;

 “The XV Convocation highlights our commitment to excellence in education, research, and holistic learning, preparing graduates for responsible professional and societal leadership.”

In his Convocation Address, Prof. Vinod K. Singh urged graduates to look beyond short-term milestones and consciously build careers grounded in purpose, integrity, and discipline. Emphasising ethical conduct, punctuality, and social responsibility, he encouraged students to contribute meaningfully to national development and public good.

Addressing the gathering, Dr. Shripad Banavali drew from his life experiences in medicine to highlight the importance of aligning one’s profession with purpose, curiosity, and compassion. He called upon graduates to think independently, serve society with sustained commitment, and prioritise personal well-being while pursuing long-term impact.

 Sharing experience, a B.Tech graduate said;

 “My journey at KL Deemed-to-be University has been truly enriching and filled with meaningful learning experiences. The constant support of my professors helped me grow both academically and personally. As I bid farewell to my friends and teachers, I carry with me deep gratitude for the past and optimism for the future.” Reflecting on her experience, an MBA graduate shared, “The placement-focused guidance significantly strengthened my professional readiness. As I graduate today, I already hold offers from my dream companies. I step forward with gratitude, resilience, and a strong foundation to pursue my career with confidence.”

The proceedings included the formal conferment of degrees and awards upon graduating students. The ceremony concluded in a warm and celebratory atmosphere, as graduates and families marked the occasion with applause and shared moments of pride.

Valapad, Kerala, Dec 29: Manappuram Group  announced the appointment of Mr Buvanesh Tharashankar as Group Chief Financial Officer (Group CFO). He will provide strategic financial leadership across all Manappuram Group companies and work closely with the Board and senior management to strengthen financial governance, capital efficiency, and long-term value creation.

Mr Buvanesh Tharashankar

The appointment underscores Manappuram Group’s continued focus on building a strong, future-ready leadership team to support its Manappuram 2.0 strategy and sustained growth ambitions.

Mr Tharashankar is a Chartered Accountant with over three decades of experience across leading banking and financial services institutions in India and overseas. He is widely recognised for his expertise in financial strategy and planning, capital and balance sheet management, regulatory interface, governance, investor engagement, and business analytics.

Prior to joining Manappuram Group, Mr Tharashankar served as Chief Financial Officer at RBL Bank Ltd, where he headed the core finance function, including regulatory reporting, statutory audits, taxation, procurement, and payables. Before that, he was Chief Financial Officer at Jana Small Finance Bank, leading capital planning, investor relations, regulatory reporting, and statutory audits, along with oversight of treasury back-office and governance functions.

Earlier in his career, he held several senior leadership roles at Citibank in India and the Middle East, including Cluster Controller for the India Subcontinent and Lead CFO roles overseas. His work at Citi spanned capital management, ICAAP, balance sheet optimisation, SOX 404 compliance, Basel II implementation, financial planning and analysis, and large-scale re-engineering initiatives that delivered significant cost efficiencies and improved returns on equity.

Across his career, Mr Tharashankar has been known for partnering closely with business teams to drive disciplined growth, strengthen internal controls, enhance organisational resilience, and align financial strategy with long-term business objectives.

In his role as Group CFO, Mr Tharashankar will oversee the Group’s finance function, including financial strategy, accounting, treasury, taxation, regulatory engagement, and investor relations. He will play a key role in supporting Manappuram Group’s strategic priorities while ensuring robust financial discipline, governance, and compliance standards.

Leadership Remarks

Commenting on the appointment, Mr V. P. Nandakumar, Chairman and Managing Director, Manappuram Finance Ltd, said:
“I am pleased to welcome Mr Buvanesh Tharashankar as our new Group Chief Financial Officer. Buvanesh brings with him deep and diverse experience across leading banking and financial services institutions, along with strong capabilities in financial strategy, capital management, governance, and regulatory engagement. As we progress on our Manappuram 2.0 strategy, his leadership will be critical in strengthening financial governance, enhancing capital efficiency, and enabling sustainable value creation across the Group. I look forward to working closely with him as we pursue our long-term vision.”

New Delhi,  Dec 27: Art-e Mediatech, one of India’s top creative, media and MarTech agencies, has released a festive mashup video featuring Christmas campaign films from several leading brands. The video includes work created for IndiaMART, TCL, Firefox, Sharp, Dylect, and others. Before creating the mashup, Art-e Mediatech developed festive campaign films separately for each brand. The mashup video brings these individual campaigns together into a single AI-led presentation. It shows how brands are using Artificial Intelligence in real campaign work.

The mashup brings together short clips from festive films created for different platforms and audiences. Each film is built around its own brief and message. Brand style stays easy to recognise throughout. When brought together, the video shows how different creative ideas can work within a shared production process without blurring brand identity.

The release reflects how Artificial Intelligence has become part of everyday creative work during festive campaigns. These campaigns move quickly and demand several pieces of content in a short time. Brands need material ready for digital and social platforms without any lag. The mashup shows how teams manage this pace while keeping the work clear and well-structured.

Art-e Mediatech applies Artificial Intelligence at specific stages of the creative process. These stages include planning, visual development, execution, and adapting content for different platforms. This reduces time spent on repeated tasks. It also allows teams to focus on shaping the story, tone, and brand fit, which continue to be guided by people.

The video also reflects a change in how brands create campaigns today. Many brands have moved past small trials and now use Artificial Intelligence as part of regular creative work. This shift is visible in social-first campaigns, where speed and volume matter. By showing finished brand films, the mashup reflects how this approach is already in use.

Commenting on the release, Rohit Sakunia, Co-founder, Art-e Mediatech, said, “AI has quietly become part of the everyday creative workflow for many brands, especially when it comes to moment-based content. All the festive films in the mashup were first developed individually for each brand. The mashup reflects how these completed campaigns can be brought together using AI. What we are seeing now is less focus on experimenting with tools and more focus on using them responsibly to work faster and stay relevant. The role of human creativity remains essential, because it is what defines the story, the emotion, and how a brand shows up during cultural moments.”

Through this festive mashup, Art-e Mediatech presents a clear picture of how Artificial Intelligence is shaping campaign production today. The video focuses on completed work created for real brands. It shows how this approach supports timely, relevant storytelling while maintaining creative direction.