French high end fashion group Kering appointed Luca de Meo, the man behind rescuing carmaker Renault from crisis, as its new chief executive to steer the company’s struggling flagship brand Gucci back on course.De Meo, 58, will officially take over in September, after shareholders approve of a new governance structure that separates the roles of…
NEW DELHI: Reserve Bank of India (RBI) deputy governor T Rabi Sankar was Saturday appointed as a part time member of the 16th Finance Commission, a finance ministry statement said. He will hold office from the date of assuming charge until the submission of the commission’s report or Oct 31, 2025, whichever is earlier.Sankar’s appointment…
Palestinian leaders in the Israeli-occupied West Bank met this week for the first gathering of its kind in years. Their mission: to allow Mahmoud Abbas, the aging Palestinian Authority president, to appoint a longtime loyalist to a newly-minted senior position. On Saturday night, Mr. Abbas formally named Hussein al-Sheikh, a close confidant, as his deputy….
Syria’s interim president, Ahmed al-Shara, announced late Saturday the formation of a caretaker government that will lead the country through a crucial transition as it emerges from more than 50 years of dictatorship under the Assad family’s iron-fisted rule. Mr. al-Shara, who led the coalition of rebel forces that overthrew the Assad regime, appointed a…
Ukraine President Volodymyr Zelenskyy on Sunday appointed Andrii Hnatov as the new Chief of the General Staff of Ukraine’s Armed Forces, as the country looks to restructure and strengthen its military amid ongoing combat in Russia’s Kursk region and increasing pressure in Donetsk. Hnatov replaced Anatoliy Barhylevych, who held the position since February 2024. The…
DJ Daniel, a courageous 13-year-old brain cancer survivor, has achieved a remarkable feat by being sworn in as an honorary agent of the United States Secret Service. Despite a daunting prognosis in 2018, he has surpassed expectations for over six years. His inspiring journey includes multiple honorary law enforcement roles, realising his dream of becoming…
Eli Lilly and Company (Lilly) announced the appointment of Winselow Tucker as president and general manager for Lilly India, effective immediately. Winselow will lead all of Lilly’s operations in India, including the Lilly India commercial organisation and the Lilly Capability Centre India (LCCI) in Bengaluru and Hyderabad, says a company statement.In a related move, Vineet…
Israel Prime Minister Benjamin Netanyahu on Saturday named retired Major General Eyal Zamir as the chief of staff of Israel’s armed forces after his predecessor announced his resignation last month, taking responsibility for failing to stop Hamas’s October 7, 2023 attack. “Prime Minister Benjamin Netanyahu and Defence Minister Israel Katz have agreed this evening on…
BENGALURU: LTIMindtree has named its former president, Venugopal (Venu) Lambu, as CEO designate and director effective Friday, with a five-year tenure. Operating from London, Lambu represents a rare instance of a senior executive returning to assume the CEO position at his former company. He has joined the board of directors at LTIMindtree.A three-decade IT veteran,…
Sitanshu Kotak. (Pic Credit – X) The Indian cricket team is set to receive an addition to the support staff as the Board of Control for Cricket in India (BCCI) has decided to add Sitanshu Kotak, currently the India A head coach, as the batting coach. Kotak will join head coach Gautam Gambhir from the…