Power solutions technology provider Cummins India Limited has announced the appointment Shveta Arya as an Additional Director and the Managing Director (Designate) effective 3 August 2024. Shveta Arya will take up the full-time role as the Managing Director of Cummins India Limited – effective 1 September 2024, subject to approval from shareholders through a postal ballot. She succeeds Ashwath Ram, who will continue serving the company until 31 August 2024. Shveta leads the Power System Business for Cummins India Limited – a portfolio she will continue to hold even after her appointment as the Managing Director. She holds a master’s from the Indian Institute of Management, Ahmedabad (IIMA) and a bachelor’s in Information Technology engineering from Delhi University.
Symbiosis Skills and Professional University ( SSPU) has secured 1st position in the Skill Universities category of the National Institutional Ranking Framework (NIRF) 2024. This prestigious ranking was released by the Ministry of Education on 12th August 2024 at New Delhi. NIRF is a vital recommendation of the National Education Policy (NEP) 2020, and the rankings include top institutions that have demonstrated excellence in teaching, innovation, research, graduation outcomes, and more. This year marks the first time a Skill University category was introduced in the NIRF rankings, and Symbiosis Skills and Professional University has achieved the 1st rank in this newly introduced category.
Christ University – Pune Lavasa Campus has signed a Memorandum of Understanding (MOU) with Bell Foods Group to enhance student learning through mutual collaboration. The MOU was signed by Fr. (Dr) Lijo Thomas, Campus Director and Dr. Sherimon PC, Dean – Computer Science, Arab Open University, Oman and Chairman – Bell Foods, marking a significant step towards fostering industry-academia collaboration. This partnership aims to provide students with hands-on experience and real-world insights through internships, projects, and industry visits. Additionally, Bell Foods Group will benefit from the consulting expertise of the Management Dept., driving mutual growth and innovation. Fr. (Dr) Lijo emphasised the importance of such collaborations in bridging the gap between academic knowledge and practical industry skills, while Dr Sherimon highlighted the potential for students to gain invaluable exposure to the food industry’s dynamic landscape. This MOU is expected to create numerous opportunities for students, preparing them to meet the challenges of the professional world with confidence and competence.
hBits, a leading fractional ownership platform, today announced the launch of its new asset – ‘Trillion Dollar MNC’ in Building Number 1 (2nd Floor) , Commerzone, Yerwada, Pune. The asset is worth INR 62.97 crore and aims to offer a five-year average rental yield of 8.54%. The newly launched asset spans across a chargeable area of 40,000 sq ft. having been leased for a period of five years to a US listed multinational giant. The rental inflow and purchase price of the asset offers an entry yield of 8.75% and an expected internal rate of return of 14.53%.
