Wed, 08 Apr 2020

Jaipur (Rajasthan) [India], Feb 21 (ANI): Vaibhav Global Ltd said on Friday its board of directors has approved the promotion of Puru Aggarwal to Group President for strategy and business development.

He was holding the position of Group Chief Financial Officer so far. Aggarwal has experience of 28 years in business modelling, financial strategy and planning, business development, procurement, supply chain and distribution, budgeting, cost optimisation, corporate law and taxation.

At the same time, Vineet Ganeriwala has been appointed as the new Group Chief Financial Officer under the category of whole-time key managerial personnel of the company.

"The changes in key managerial personnel have been made to augment senior management capacity of Vaibhav Global for sustained long-term growth," the company said in a statement.

Vaibhav Global is an electronic retailer of fashion jewellery, accessories and lifestyle products in developed markets with direct access to about 10 crore households through its TV home shopping networks -- Shop LC in the United States and TJC in Britain.

Its TV channels reach customers directly on all the major cable, satellite and DTH platforms -- Dish TV, DirecTV, Comcast, Verizon Fios, Time Warner, ATT, Sky, Virgin, Freeview and Freesat.

In the third quarter of current fiscal (Q3 FY20), the company reported a profit after tax of Rs 66 crore on a turnover of Rs 563 crore. (ANI)Washington D.C. [USA], Feb 21 (ANI): US Secretary of State Michael Pompeo on Friday said that an understanding has been reached with the Taliban on 'significant reduction' in violence across Afghanistan.

"After decades of conflict, we have come to an understanding with the Taliban on a significant reduction in violence across Afghanistan. This is an important step on a long road to peace, and I call on all Afghans to seize this opportunity," Pompeo tweeted.

The development comes days after Afghanistan's election commission declared incumbent president Ashraf Ghani as the winner of polls conducted in September 2018, following a delay of around five months.

Officials said that a week-long "reduction in violence" between the Taliban, the US and Afghan security forces will begin at midnight on Friday, Al Jazeera reported.

The pact reached during talks between US and Taliban representatives, if maintained, could secure a peace deal that would lead to a withdrawal of American forces from Afghanistan.

Pompeo said that upon successful implementation of this agreement, the US would move to sign the peace agreement with the Taliban on February 29.

US and Taliban negotiators have been meeting in Doha since 2018 even though fighting has raged in war-torn Afghanistan which has led to death of thousands of civilians even as the group has expanded its territorial control. (ANI)Bengaluru (Karnataka) [India], Feb 21 (ANI): Wipro Digital said on Friday it has acquired Rational lnteraction, a full-service digital customer experience (CX) company which is Washington state's 100 largest privately-held companies with a roster of Fortune 50 clients.

The acquisition will scale Wipro Digital's offering for chief marketing officers, connecting Rational lnteraction's ability to map and orchestrate the customer journey with Wipro Digital's ability to design and build experiences at a global scale, it said in a statement.

"Together, the companies will provide bespoke and effective solutions for the marketing suite. Rational lnteraction's deep CX expertise and Wipro's global scale and industry expertise will provide companies and their CMOs with the comprehensive digital programmes and journeys needed in today's customer-centric world.""The acquisition comes at a time when companies increasingly compete solely on CX, and the market for CX spending is growing exponentially," said Rajan Kohli, President and Head of Wipro Digital.

"Discovering, refining and optimising the customer experience from the first impression through repeat sale requires best-in-class talent, unique marketing technologies and methodologies, and the ability to scale and demonstrate payback quickly. Together, Wipro and Rational lnteraction are a perfect combination for CMOs," he said. (ANI)

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