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India.com
15 hours ago
- Business
- India.com
Meet the 9 Indian-Origin CEOs Leading Global Companies – From Google and Adobe to Chanel: Check Their Education, Age, And Inspiring Journey
photoDetails english 2925324 Indian Origin CEOs Leading Global Companies List: Leaders of Indian origin are leaving a remarkable imprint on the global stage, steering some of the world's most influential companies. From Google to Adobe, and even Chanel, their inspiring journeys tell a powerful story—one that begins with strong academic foundations in India and evolves through a rich tapestry of global experiences. These leaders aren't just occupying top positions; they're driving innovation, shaping industries, and redefining what it means to lead in the modern world. Their rise is a testament to how education, vision, and cross-cultural insight can come together to inspire impactful leadership across continents. Updated:Jul 02, 2025, 02:12 PM IST Arvind Krishna: IBM CEO Age And Education 1 / 9 Arvind Krishna was born on November 23, 1962, in West Godavari, Andhra Pradesh, to parents with a military background. He earned a degree from IIT Kanpur and later completed a Ph.D. in Electrical Engineering from the University of Illinois. Krishna joined IBM in 1990 and rose through the ranks to bcome CEO in 2020 and Chairman in 2021. He currently resides in the New York metropolitan area. Leena Nair: Chanel CEO Age And Education 2 / 9 Leena Nair was born on June 11, 1969, in Kolhapur, Maharashtra. She holds a B.E. in Electronics from Walchand College of Engineering and an MBA from XLRI Jamshedpur, where she was a gold medalist. After serving as Chief Human Resources Officer at Unilever, she was appointed CEO of Chanel in January 2022. Nair currently lives in Paris. Nikesh Arora: Palo Alto Networks CEO Age And Education 3 / 9 Nikesh Arora was born on February 9, 1968, in Ghaziabad, and is the son of an Indian Air Force officer. He completed his schooling at The Air Force School (Subroto Park), earned a in Electrical Engineering from IIT-BHU, and later pursued an MBA from Boston College and Northeastern University. Since June 2018, he has been serving as Chairman and CEO of Palo Alto Networks, based in California. Ravi Kumar S: Cognizant CEO Age And Education 4 / 9 Ravi Kumar S was born in the Mumbai region of India. He holds a B.E. degree from Shivaji University and an MBA from Xavier Institute of Management, Bhubaneswar. After working as President of Infosys from 2016 to 2022, he took over as CEO of Cognizant in January 2023. He currently lives in the New Jersey area. George Kurian: NetApp CEO Age And Education 5 / 9 George Kurian was born in 1967 in Kottayam, Kerala. He completed his B.S. in Electrical Engineering at Princeton University and went on to earn a master's degree in Electrical Engineering and Computer Science from Stanford University. Kurian joined NetApp in 2011 and became its CEO in June 2015. He now leads the company from Silicon Valley. Ajay Banga: Former MasterCard CEO Age And Education 6 / 9 Ajay Banga was born on November 10, 1959, in Khadki, Pune, into a military family—his father, Lt. Gen. Harbhajan Banga, served in the Indian Army. He earned a B.A. in Economics from Delhi University and an MBA from IIM Ahmedabad. After serving as CEO of MasterCard, he became President of the World Bank in June 2023. Banga is currently based in Washington, D.C. Shantanu Narayen: Adobe CEO Age And Education 7 / 9 Shantanu Narayen was born on May 27, 1963, in Hyderabad, to a father who ran a plastics business and a mother who was a literature professor. He studied Electronics Engineering at Osmania University, followed by an M.S. in Computer Science from Bowling Green State University, and earned an MBA from the Haas School of Business at UC Berkeley. Narayen has been the CEO and Chairman of Adobe since 2007 and lives in California. Satya Nadella: Microsoft CEO Age And Education 8 / 9 Satya Nadella was born on August 19, 1967, in Hyderabad, to Prabhavati, a Sanskrit lecturer, and Bukkapuram Nadella Yugandhar, an IAS officer. He studied at Hyderabad Public School and completed a B.E. from Manipal Institute of Technology. He later earned an M.S. from the University of Wisconsin-Milwaukee and an MBA from the University of Chicago Booth School of Business. Nadella is the Chairman and CEO of Microsoft and currently lives in Redmond, Washington. Sundar Pichai: Google CEO Age And Education 9 / 9 Sundar Pichai was born on June 10, 1972, in Madurai, Tamil Nadu, to Lakshmi, a stenographer, and Regunatha Pichai, an electrical engineer. He was raised in Chennai and studied Metallurgical Engineering at IIT Kharagpur. He later earned an M.S. from Stanford University and an MBA from the Wharton School. Pichai has been CEO of Google since 2015 and CEO of Alphabet since 2019, and currently resides in California. (Image Credit: File Photo)
Yahoo
24-06-2025
- Business
- Yahoo
BofA Raises IBM Price Target to $320 Amid AI Momentum
Bank of America raised its price target on IBM (IBM, Financials) from $290 to $320, reiterating a Buy rating. The firm cited strong AI traction, including a $6 billion pipeline for generative AI and demand for IBM's Granite models. CEO Arvind Krishna said IBM's tools can help clients deploy AI agents quickly, with partnerships including Meta (META, Financials) and Mistral. IBM is also investing $150 billion in the U.S., including in quantum computing. Still, risks remain. IBM lost $100 million in federal contracts due to spending cuts, and consulting revenue fell 2% last quarter. BofA acknowledged IBM's underperformance in the past, but said its software and AI pivot supports long-term growth. This article first appeared on GuruFocus. Error in retrieving data Sign in to access your portfolio Error in retrieving data
Yahoo
22-06-2025
- Business
- Yahoo
BofA outlines the bull and bear arguments surrounding IBM shares
- Shares in International Business Machines (NYSE:IBM) has surged so far this year, spurred on by hopes around the software group's artificial intelligence ambitions. IBM has said that it now has a "book of business" for its ChatGPT-like generative AI that is worth $6 billion, while CEO Arvind Krishna has said that customer interest in utilizing different AI models would likely fuel demand in the future. The company has also been specializing in developing tools that allow clients to build out their own AI-enhanced agents. Speaking to Reuters in May, Krishna suggested that, using IBM's Granite suite of AI models, along with alternatives from Mistral and Facebook-owner Meta Platforms (NASDAQ:META), these agents could be constructed in mere minutes. These capabilities will lead to an acceleration of the rate of growth of its AI operations, Krishna said at the time. The comments came after IBM announced in April that it would invest some $150 billion in the United States, where it has long had a presence as a manufacturer of mainframe computers. Krishna noted that quantum computers -- a new type of computer that harnesses quantum mechanics to carry out tasks -- will also be made in the country. "There's going to be a very healthy market that behooves us to invest and lean in," Krisna told Reuters. Yet, even as optimism surrounds IBM's AI ambitions, a murky economic outlook clouded its most recent earnings. Faced with the looming threat of sweeping U.S. tariffs, analysts have warned that many companies may be reining in spending, potentially weighing on IBM's key consulting arm. A push by U.S. President Donald Trump's administration to slash government spending has also led to the shelving of 15 federal contracts at IBM that accounted for $100 million in business. Revenue from the consulting segment slipped in the most recent quarter by 2%, although IBM backed its 2025 target for top-line growth on a constant currency basis of at least 5%. Writing in a note to clients, analysts at BofA led by Wamsi Mohan said that IBM shares, despite trading at all-time highs, are "interesting due to the transformational initiatives undertaken by management." "IBM underwent a significant transformation over the last five years by shifting their software segment towards strategic M&A investments, shedding lower growth/high cost businesses, and rebalancing their portfolio towards cloud and AI trends," the brokerage wrote. However, they flagged that less rosy assessments of the stock have highlighted that IBM is "structurally under-owned and underweight." "This disconnect stems from the underperformance from 2010-2019 as revenues, margins and free cash flow were under pressure. While the turnaround [from 2020-2025] is acknowledged by bears, the valuation relative to growth profile remains a hurdle for many," the analysts said. Weighing these arguments, the BofA strategists lifted their price target for the stock to $320 from $290 and reiterated their "buy" rating of the stock. Related articles BofA outlines the bull and bear arguments surrounding IBM shares UBS identifies key thematic opportunities for stock market investors This sector is uniquely positioned to capture infrastructure spend growth: analyst Sign in to access your portfolio
Miami Herald
21-06-2025
- Business
- Miami Herald
Analysts revamp IBM stock price target after AI-fueled new high
For investors looking beyond popular AI software names like Palantir, International Business Machines Corp. (IBM) is quietly becoming a stock to watch. On June 18, IBM stock closed at a record $283.21. Year-to-date, the stock is up more than 27%. Don't miss the move: Subscribe to TheStreet's free daily newsletter The 114-year-old company, once best known for mainframes and hardware, has spent the past few years transforming itself into a modern software and consulting business. It has focused on strategic acquisitions, exited low-growth and high-cost units, and rebalanced its business toward artificial intelligence, hybrid cloud, and enterprise automation. Today, IBM sells software tools that help businesses build and manage AI systems, including WatsonX, its platform for creating and training AI models. It also owns Red Hat, the open-source software giant it acquired in 2019, which plays a key role in its hybrid cloud strategy. Many of IBM's clients are large enterprises and government agencies looking to streamline operations through AI and cloud technology. Image source: Bloomberg/Getty Images IBM stock fell 6.6% on April 24 after its first-quarter earnings report but quickly recovered in the weeks that followed. IBM reported revenue of $14.5 billion for the first quarter, up 1% from the prior year and slightly above analyst expectations. Adjusted earnings per share came in at $1.60, down 5% year over year. Related: Analysts unveil bold forecast for Alphabet stock despite ChatGPT threat The tech giant warned of an "uncertain" operating environment, but reaffirmed its full-year outlook for 5% revenue growth and $13.5 billion in free cash flow, key for both dividends and possible future acquisitions. "While no one is immune to uncertainty, we enter this environment from a position of relative strength and resiliency," IBM CEO Arvind Krishna said during the April earnings call. "Our clients run the world's most essential processes. Our diversity across businesses, geographies, industries, and large enterprise clients position us well to navigate the current climate." Bank of America analyst Wamsi Mohan has raised his price target for IBM to $320 from $290, reiterating a buy rating on the shares, according to a research note on June 18. Despite trading at all-time highs, Mohan believes that IBM "remains interesting due to the transformational initiatives undertaken by management, positioning for growth in Gen AI, Agentic AI (and eventually quantum), and strong FCF driven by internal productivity initiatives." Related: Analyst unveils surprising Nvidia stock price target after nearing record high The analyst continues to view IBM as "a defensive investment" with improving revenue growth. That growth could lead to more cash flow that could be reinvested in more mergers and acquisitions (M&A). Meanwhile, BofA sees the potential for IBM's revenues to accelerate. "In our opinion, the Mainframe has increased in relevance and drives everything from AI, increased software attach and higher quality MIPS on transaction processing, all of which support higher (accelerating) growth in the future," Mohan wrote. Wedbush is also bullish on IBM shares, raising its price target from $300 to $325 with an outperform rating. More Tech Stocks: Amazon tries to make AI great again (or maybe for the first time)Veteran portfolio manager raises eyebrows with latest Meta Platforms moveGoogle plans major AI shift after Meta's surprising $14 billion move IBM remains "one of our top software names to own as the AI Revolution accelerates over the coming years," Wedbush analyst Daniel Ives wrote in a research report published on June 20. "While the stock has had a great run so far in 2025, we believe IBM is still under owned and in the early stages of a renaissance of growth with AI the key driver." The average price target on IBM shares from 14 analysts tracked by TipRanks is $267.54. Related: Top analyst sends bold message on S&P 500 The Arena Media Brands, LLC THESTREET is a registered trademark of TheStreet, Inc.
India Today
12-06-2025
- Business
- India Today
IBM plans to launch Starling quantum computer by 2029, it can detect and fix its own errors without crashing
IBM has unveiled a new vision to create the world's first large-scale, fault-tolerant quantum computer. The company aims to deliver the system in 2029, and calls it "IBM Quantum Starling" system. The project, to be housed within a newly constructed IBM Quantum Data Centre in Poughkeepsie, New York, promises to revolutionise the capabilities of quantum computing far beyond today's existing technologies. The Starling quantum computer is expected to execute 20,000 times more operations than current quantum machines, reaching levels of computational complexity previously thought unattainable. According to IBM, representing the full computational state of Starling would require memory equivalent to more than a quindecillion of today's most powerful supercomputers. With this leap, researchers and businesses will be able to explore the full spectrum of quantum states, offering insights far beyond what current quantum devices can Starling quantum computer'IBM is charting the next frontier in quantum computing,' said Arvind Krishna, IBM's Chairman and CEO. 'Our expertise across mathematics, physics, and engineering is paving the way for a large-scale, fault-tolerant quantum computer — one that will solve real-world challenges and unlock immense possibilities for business.'Fault-tolerant quantum systems are viewed as the gateway to practical applications across various sectors such as pharmaceuticals, materials science, chemistry, and optimisation. With hundreds or even thousands of logical qubits, these machines could potentially perform hundreds of millions, or even billions, of operations with unprecedented accuracy and Starling system aims to achieve 100 million quantum operations using 200 logical qubits. It will serve as the foundation for IBM's subsequent system, Quantum Blue Jay, which aspires to handle one billion quantum operations across 2,000 logical conventional qubits, logical qubits rely on multiple physical qubits operating together to store quantum information while continuously correcting for errors. Error correction is critical, as it allows the system to perform sustained computations without faults. The more physical qubits involved, the more reliable the logical qubit becomes, enabling extended quantum operations that were previously now, scaling up quantum systems has been hampered by the impracticality of managing the sheer number of physical qubits required. Previous error-correcting methods demanded excessive hardware and infrastructure, limiting real-world applications to only small-scale approach is grounded in a new architecture based on quantum low-density parity check (qLDPC) codes, which the company detailed in two newly published technical papers. This innovative error-correcting code, which gained recognition in Nature, reduces the number of physical qubits needed for error correction by around 90 per cent compared to traditional methods, making large-scale systems far more first paper outlines how qLDPC codes will enable the system to process instructions efficiently and perform quantum operations with considerably less overhead. The second describes real-time decoding techniques, which allow conventional computing resources to swiftly identify and correct errors during quantum roadmapIBM's updated Quantum Roadmap lays out a series of milestones leading up to Starling. In 2025, the IBM Quantum Loon processor will begin testing architectural components such as 'C-couplers' for long-distance qubit connections. In 2026, Quantum Kookaburra will mark the company's first modular processor capable of both storing and processing encoded information. By 2027, the Quantum Cockatoo system will connect multiple Kookaburra modules via 'L-couplers,' enabling scalable quantum systems that avoid the impracticality of massive, monolithic chips. advertisement
