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Former Wipro top exec Sangita Singh may join Infosys



BENGALURU: Sangita Singh, Wipro's former chief executive for healthcare and life sciences, is likely to join Infosys as executive vice-president (EVP) and head its nearly $800-million healthcare and life sciences portfolio.

Singh, who left Wipro last December after a stellar career of 23 years, is expected to be based in one of the key customer markets - either the US or Europe - and report to Mohit Joshi, president and head of financial services in Infosys. The healthcare vertical vacancy was created by the exit of executive VP 
Manish Tandon, who joined IT services company CSS Corp as CEO recently. Infosys has also brought in Sanat Rao to head Finacle, who was the formerly the head of sales in Finacle some years ago.


Former Wipro top exec Sangita Singh may join Infosys


An email sent to Infosys and calls and text messages to Singh remained unanswered till the time of going to press.



HIGHLIGHTS


·         Sangita Singh, Wipro’s former chief executive for healthcare and life sciences, is likely to join Infosys as executive vice-president

·         The vacancy was created by the exit of executive VP Manish Tandon, who joined IT services company CSS Corp as CEO recently





Infosys CEO Vishal Sikka has been making a number of top level changes ever since the company's relatively disappointing performance in the last quarter. Singh, who is likely to join Infosys in December - some sources said she has a one-year non-compete clause with Wipro - had in her previous role engaged with top clients in the healthcare payer, provider, medical devices and life sciences spaces. She had direct oversight of some of Wipro's top accounts such as Johnson & Johnson, Novartis, Astra Zeneca and Takeda. Some two years ago, under Singh's leadership, Wipro signed a $400-million deal with Japan's pharma major Takeda to provide IT infrastructure services for its global operations.


Singh is taking up the role at Infosys at a time when the healthcare industry is going through challenging times. Clients are slowing down on discretionary spends - newer investments that may lead to fresh revenue streams or more efficient ways of doing things - and are focused for now on just keeping the existing IT operations going.

There are big concerns around pending regulatory approvals in big-ticket M&As including those related to Anthem and Cigna, and Aetna and Humana. The US justice department is seeking to block these mergers. These issues are resulting in longer decision-making on outsourcing budgets. Indian IT companies have had to face the brunt of the collapse in the proposed merger of Pfizer and Allergan. This shut the tap on large IT outsourcing opportunities. Cognizant, which has a large exposure to the healthcare sector, recently attributed a downward revision in its revenue guidance for the year to concerns in this sector.


Infosys has increasingly been infusing outside talent into its top leadership. "Hiring proven and experienced talent from the same industry brings in perspectives and experiences that ensures business results come in faster and with less risk," said Nitin Sethi, partner and chief commercial officer at HR consultancy firm Aon Hewitt.

Source: TOI

Title: Former Wipro top exec Sangita Singh may join Infosys – Daily World News Online

Description: Sangita Singh, Wipro’s former chief executive for healthcare and life sciences, is likely to join Infosys as executive vice-president and head its nearly $800-million healthcare and life sciences portfolio.

Keywords: Wipro, Vishal Sikka, technology news, software services,Sangita Singh, Manish Tandon, it news, infosys employee joins wipro, Infosys, Indian IT companies, Finacle, Cognizant

India the 7th Wealthiest Country in the World


India the 7th Richest Country in the World




New Delhi: India has figured among the top 10 wealthiest countries in the world with a total individual wealth of USD 5,600 billion while the United States topped the chart.

According to a report by New World Wealth, India was ranked 7th ahead of Canada (USD 4,700 billion), Australia (USD 4,500 billion) and Italy (USD 4,400 billion), which came in at 8th, 9th and 10th slots, respectively.

India the 7th Richest Country in the World


The US is the wealthiest in the world in terms of total individual wealth held (USD 48,900 billion) while China stood second and Japan third, with total individual wealth of USD 17,400 billion and USD 15,100 billion, respectively. Others in the top 10 club include the United Kingdom (4) with a total individual wealth of USD 9,200 billion, followed by Germany (5th, USD 9,100 billion) and France (6th, USD 6,600 billion).

Wealth refers to net assets of a person. It includes all their assets (property, cash, equities, business interests) less any liabilities, the report said adding that it excludes government funds from its figures.
The ranking of India as one of the top 10 wealthiest countries in the world is largely because of its large population. "Australia's ranking is impressive, considering it only has 22 million people living there," the report explained.

Over the past five years, China was the fastest growing wealthiest country in terms of dollar wealth growth. On India, the report stated, "Australia and India also grew strongly and India, Australia and Canada have just overtaken Italy over the past 12 months."

The study ranked the wealthiest countries in the world as of June 2016 in terms of total individual wealth held.



Title: India the 7th Wealthiest Country in the World | India the 7th Richest Country in the World

Description: The ranking of India as one of the top 10 wealthiest (Richest) countries in the world is largely because of its large population.

Keywords: India. Richest, wealthiest, Country, World, Economy

Babloo Martin a Football Player dies while saving girl's life in Maihar building collapse

A samaritan lost his life while trying to save a girl from building collapse in Maihar in Satna district of Madhya Pradesh.

Seven persons were killed in the incident that occurred in the early hours of Saturday morning when the three-storey house built by MP Housing Board collapsed in Rahatgarh area of Sagar district following incessant rains.

Babloo Martin a Football Player dies


When Bablu, a local football player, witnessed the collapsing building, he immediately rushed to save the trapped victims. But he himself got trapped under the debris after pushing a girl to safety. He managed to save the life of the 12-year-old girl, identified as Prabha, a daughter of a security guard.

Trapped under the debris, he got numb and could not utter a word. He was breathing when he was rescued out only after an hour.

Bablu was immediately rushed to the local hospital, where he was referred for treatment at Satna district hospital as his condition was critical. But unfortunately, Bablu succumbed to his injuries on the way to Satna hospital.


Title:  Babloo Martin Samaritan dies while saving girl's life in Maihar building collapse

Description: Bablu Martin who rushed to help the victims, was himself trapped under the debris. But Babloo Martin managed to save a girl's life before losing his life.

Keywords: Maihar building collapse, samaritan death, Bablu Martin, Babloo Martin, Football Player, Madhya Pradesh

Know PV Sindhu, the Olympic Silver Medalist

Know PV Sindhu, the Olympic Silver Medalist

 

Pusarla Venkata Sindhu was born to PV Ramana and P Vijaya – both former volleyball players - on July 5, 1995. In 2000, Ramana was awarded Arjuna Award for his sport. Though her parents played professional volleyball, Sindhu chose badminton over it because she drew inspiration from the success of Pullela Gopichand, the 2001 All England Open Badminton Champion. She eventually started playing badminton from the age of eight.

PV Sindhu


Sindhu first learned the basics of the sport with the guidance of Mehboob Ali at the badminton courts of Indian Railway Institute of Signal Engineering and Telecommunications in Secunderabad. Soon after she joined Pullela Gopichand's badminton academy.

In the international circuit, Sindhu was a bronze medallist at the 2009 Sub-Junior Asian Badminton Championships held in Colombo. At the 2010 Iran Fajr International Badminton Challenge, she won the silver medal in the singles category. Sindhu reached the quarterfinals of the 2010 Junior World Badminton Championships that was held in Mexico. She was a team member in India's national team at the 2010 Uber Cup.

PV Sindhu


She broke into the Top 20 in the Badminton World Federation rankings released on September 21, 2012.

She won Malaysian open title in 2013, beating her opponent from Singapore Juan Gu by 21–17,17–21, 21–19. This was Sindhu's maiden Grand Prix Gold title.

In 2014, PV Sindhu reached the semifinal stage of Glasgow Commonwealth Games in the women's singles competition, where she eventually lost. PV Sindhu created history by becoming the first Indian to win two back-to-back medals in the World Badminton Championships.

PV Sindhu


On August 10, 2013, Sindhu became the first ever Indian women's singles player to win a medal at the World Championships.

On March 30, 2015, she received India's fourth highest civilian honour - the Padma Shri.

In January 2016, Sindhu won the Malaysia Masters Grand Prix Gold women’s singles title, beating Scotland's Kirsty Gilmour in the final. She had also won this tournament in 2013.

On August 18, 2016 in the Rio Summer Olympics, she became the first Indian woman to reach the finals in the Badminton event of an Olympic games after beating Nozomi Okuhara of Japan in the semi-finals. However, she lost the final to Carolina Marin of Spain 21-19, 12-21, 15-21 and received the silver medal. click here for more

PV Sindhu

 




Title: Know PV Sindhu, the Olympic Silver Medalist

Description: Pusarla Venkata Sindhu was born to PV Ramana and P Vijaya – both former volleyball players - on July 5, 1995. In 2000, Ramana was awarded Arjuna Award for his sport. Though her parents played professional volleyball, Sindhu chose badminton over it because she drew inspiration from the success of Pullela Gopichand, the 2001 All England Open Badminton Champion. She eventually started playing badminton from the age of eight.

Keywords:  PV Sindhu, First Indian Badminton player in Olympic final