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INFOSYS NAMES TVS CAPITAL EXECUTIVE AS DIRECTOR

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July 01, 2017

Infosys Ltd appointed TVS Capital Funds Ltd Vice-Chairman D. Sundaram as an independent director on its board, the software major announced on Saturday."Sundaram is appointed as independent director with effect from July 14 on the recommendation of the company's nomination and remuneration committee of the board," said the IT giant in a statement here after a regulatory filing on the BSE.

A fellow of the Institute of Cost and Management Accountants, the Chennai-based honcho was Vice-Chairman of Hindustan Unilever Ltd, the Indian arm of the Dutch-British transnational consumer goods firm Unilever Group, which he joined in 1975."Sundaram brings extensive experience in the field of finance and strategy execution. I am sure the board will benefit from his expertise," said Infosys Chairman R. Seshasayee in the statement.

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DHIRUBHAI AMBANI AEROSPACE PARK APPROVED AT MIHAN

July 10, 2017

The Reliance Aerostructure proposal for the development of the Dhirubhai Ambani Aerospace Park with related infrastructure facilities and services at Mihan SEZ (Nagpur) got the approval of Board of Approval (BoA) for special economic zone (SEZ) under the Ministry of Commerce, an official statement said here on Monday. "With the BoA nod, the Dhirubhai Ambani Aerospace Park (DAAP) at Mihan, spread over 289 acres, will become the largest greenfield aerospace park in the country. In the first phase, development will be spread over 104 acres and the second phase will cover an additional area of 185 acres," the statement said. Business at the aerospace park is expected to exceed Rs. 2,00,000 crore over the next 30 years, the company announced. "The aerospace park will also be home to the Dassault Reliance Aerospace Limited joint venture, which is presently creating the state-of-the-art integrated eco structure to execute the Rs 30,000 crore offset program linked...

Google delays white Pixel 2 orders by a month

October 24, 2017

Google has delayed the delivery of some of its newly-launched white Pixel 2 devices by up to a month as it is having a hard time keeping the smartphone in stock."Some people who ordered a white Pixel 2 and received an estimated ship date of late October are receiving emails saying their order has been delayed by up to a month," a report in The Verge said late Monday.To make up for the delay, Google is now offering these customers a free Live Case, which normally sell for $40.Based on Reddit reports, the issue is limited to the 64GB model of the white Pixel 2 thatA -- along with nearly every other model -- remained out of stock or on a multi-week delay from Google's online store.In India, Pixel 2 is priced at Rs 61,000 for the 64GB variant.The pre-orders commence from October 26. The devices will be available in over 1,000 stores across the country and on Flipkart, starting November 1.