Latest news with #Ranjan
Toronto Star
7 hours ago
- General
- Toronto Star
One Tech Tip: Is that song by AI or a human? Here are some things to check
FILE - Sarasvati Devi talks to her mother in Myanmar via video call as Ranjan, her brother, holds the phone, outside a camp for Hindu refugees near Kutupalong, Bangladesh, Sept. 26, 2017. (AP Photo/Dar Yasin, File) DY flag wire: true flag sponsored: false article_type: : sWebsitePrimaryPublication : publications/toronto_star bHasMigratedAvatar : false :
The Hindu
a day ago
- Business
- The Hindu
Hyderabad has captured imagination of firms setting up GCCs
Hyderabad's value proposition to companies setting up global capability centres has captured the imagination of industry leaders, a senior official of Telangana government told a GCC Leadership Conclave here on Wednesday. From superior infrastructure, talent pool, ecosystem, comparatively lower cost of operations to a responsive government, the value proposition that Hyderabad offers has helped the city attract a large number of GCCs over the last three years, said Jayesh Ranjan, Special Chief Secretary to Youth Advancement, Tourism and Culture Department. Seeking to drive home how the city has emerged a preferred destination for global companies, he said 'not a single week passes that we do not get into a serious GCC engagement... either the decision making leadership comes for a due diligence visit or we are making an announcement or inaugurating a new GCC office. On some days there are two or more such engagements.' Addressing the Conclave hosted by The Leadership Federation, he said compared to Bengaluru rentals, cost of living as well as talent besides rate of attrition are lower in Hyderabad, he said. Talent pool, innovation ecosystem and forum of GCCs are other aspects aiding the growth of the city as the hub. The government is continuously exploring what's next by proactively planning to address the challenges that accompany development. Several new IT parks are currently under development, including Neopolis, which is set to be on a par with Mumbai's Bandra-Kurla Complex (BKC) regarding infrastructure and scale, Mr. Ranjan said. In a release, the organisers of the Conclave said senior leaders from global enterprises, government, academia and innovation hubs participated in the programme centred on the evolving role of India's GCCs, how the facilities are transitioning from traditional support functions to becoming engines of enterprise innovation, value creation and economic growth. 'India has the opportunity to cement its position as a global hub for innovation and excellence through a modern Global Capability Center network powered by AI,' said Paul Roehrig, Chief Strategy and Marketing Officer of Ascendion.
Business Standard
21-07-2025
- Business
- Business Standard
SafeHaven Appoints Indian-Origin Rishi Ranjan as CMO With ₹16.7 Crore Package and Equity Grant
VMPL New Delhi [India], July 21: SafeHaven has appointed Indian-origin technologist and Marketing strategist Rishi Ranjan as its Chief Marketing Officer (CMO) in July 2025. SafeHaven, a sister company of Precision Group which is a major player in the global digital finance ecosystem, is known for its secure infrastructure and Digital asset innovation, attracting retail investors, institutional clients, and developers seeking a trustworthy gateway to digital assets. SafeHaven has appointed Indian-Origin Rishi Ranjan as CMO, with a compensation package of INR 16.7 crore and 3.91% equity grant. This move follows SafeHaven's recent $50 million funding round, led by a New York-based venture capital firm, which boosted the company's valuation and readiness for global market penetration. The appointment signals the company's intent to invest heavily in leadership. SafeHaven CEO Tyler Wittman has welcomed Rishi Ranjan to the team, citing his global expertise in growth strategy, product storytelling, and AI-led marketing as the ideal candidate for leading the company's next phase of adoption. Ranjan's appointment has been met with excitement from employees across various departments, including product, design, compliance, and community, who described his onboarding call as a masterclass in marketing vision. SafeHaven, based in New York, aims to enhance transparency, security, and regulatory alignment in the digital asset ecosystem. The company is pursuing SEC ATS licensing and FinCEN Money Services Business registration to establish credibility with regulators. The exchange, powered by its utility token $SHE, offers unique platform features, including subscription-based trading tiers, DAO governance, secure vaulting, asset management, and access to decentralised yield products. SafeHaven, with over 80 global contributors, plans to launch a Q3 2025 platform with over 1 million users in the first 12 months. Its robust infrastructure and regulatory-first approach are attracting interest from fintech institutions, and high-net-worth individuals. "I'm honored to join a team that's not just building tech-but redefining trust and accessibility in global finance," said Ranjan in his first public statement since the appointment. "We're creating a platform where transparency, compliance, and user experience are not competing ideas-but part of the same vision." He also hinted at new marketing campaigns and content initiatives that will position SafeHaven as a thought leader in the digital economy-educating users, influencing policy dialogue, and driving industry partnerships. SafeHaven is set to scale operations, finalize compliance milestones, and roll out new product features in the coming months. Key updates include the beta launch of a trading platform for early access users, new wallet integrations and fiat onramps, global ambassador and community incentive programs, and strategic partnerships with protocols and asset managers. SafeHaven is positioning itself as a next-generation digital exchange that combines traditional finance with user-first design and compliance-led architecture. As CMO, Rishi Ranjan will lead the brand evolution, global market strategy, content, and community engagement, serving as a public-facing voice in the company's mission to rebuild trust in digital finance.
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Business Standard
19-07-2025
- Business
- Business Standard
Union Bank Q1 net up 11.9% at Rs 4,116 crore driven by lower provisions
Public sector lender Union Bank of India reported a 11.9 per cent year-on-year (Y-o-Y) increase in net profit to Rs 4,116 crore in the first quarter of the financial year 2025-26 (Q1FY26), aided by lower provisions for stressed loans. Net interest Income declined by 3.18 per cent Y-o-Y to Rs 9,113 crore in Q1FY26, compared to Rs 9,412 crore in Q1FY25. Net interest margin (NIM) moderated by 29 basis points to 2.76 per cent in Q1FY26 from 3.05 per cent in Q1FY25. Nitesh Rajan, executive director, Union Bank said the moderation in margin is a reflection of cut in lending rates on floating rate loans after RBI reduced policy repo rates. The overall impact on NIM is expected to be 20-25 basis points in the current financial year (FY26) and there will be some moderation in the second quarter ending September 2025, Ranjan said in the post-result media conference. He, however, did not give any guidance for FY26 NIM level. The bank's non-interest income declined by 0.52 per cent Y-o-Y to Rs 4,486 crore in Q1FY26. Provisions for non-performing assets (NPAs) declined to Rs 1,152 crore in Q1FY26 from Rs 1,651 crore in Q1FY25. Advances grew by 6.83 per cent Y-o-Y to Rs 9.74 trillion in Q1FY26. Retail advances grew by 17.65 per cent Y-o-Y to Rs 1.44 trillion in the June quarter of FY26. The corporate credit grew by three per cent. Total deposits increased 3.63 per cent Y-o-Y to 12.39 trillion. The share of low-cost deposits—current account and savings account (CASA)— in domestic operations moderated to 32.52 per cent at the end of June 2025 from 33.4 per cent a year ago. The bank's asset quality improved, with gross NPAs declining to 3.52 per cent in June 2025 from 4.54 per cent in the same period last year. Net NPAs also declined from 0.62 per cent in June 2024 to 0.90 per cent in June 2025. The provision coverage ratio (PCR), including written-off accounts, stood at 94.65 per cent in June this year, as against 93.49 per cent in June 2024. The bank's capital adequacy stood at 18.30 per cent, with Tier-I capital at 17.02 per cent at the end of the quarter. Although the bank has board approval for an equity offering of Rs 3,000 crore, there are no firm plans for capital raising at present.
India Gazette
08-07-2025
- Business
- India Gazette
Maharashtra's Ranjan Kabra tops CA Final Exam with 86 per cent, credits father as inspiration
Chhatrapati Sambhajinagar (Maharashtra) [India], July 8 (ANI): Ranjan Kabra from Maharashtra's Chhatrapati Sambhajinagar district has secured All India Rank 1 in the Chartered Accountant (CA) Final Examination. Speaking to ANI, Ranjan expressed his happiness and said it was a proud moment for his family. 'I am very happy. This is a proud moment for my family. It is a huge thing to have secured Rank 1. My father is the inspiration behind it,' he said. His father, Manoj Kabra, was equally elated. 'It is a moment of great joy today. Everyone is very happy that he has secured Rank 1. We are getting calls from family members, friends and industry colleagues. He took inspiration to do CA from me, but his mother guided him on how to go about his studies,' he told ANI. The Institute of Chartered Accountants of India (ICAI) announced the results for the CA Foundation, Intermediate and Final Examinations 2025 on Saturday. Along with the results, the institute also released the list of top rank holders in every category. In the CA Final exams, Ranjan Kabra emerged as the All India Rank 1 (AIR 1) holder, securing 516 marks out of 600, securing a total of 86%. The complete list of CA Final May 2025 toppers includes- Rajan Kabra (AIR-1), Nishtha Bothra (AIR-2) and Manav Rakesh Shah (AIR-3). As per the ICAI data, in this session, a total of 14,247 candidates qualified as Chartered Accountants. Meanwhile, in May 2025, a total of 29,286 students appeared for both the groups of CA Final Examination, out of which 5,490 candidates passed. 66,943 candidates appeared only for Group 1 out of which 14,979 students (22.38%) passed the exams. 46,173 candidates appeared for Group 2 CA Final exams in May 2025, out of which 12,204 students (26.43%) passed the exams. The CA Final exams were held between May 16 and May 24 for group 1 and group 2 papers, results for which were out on July 6. (ANI)
