Connect with us

Business

A joint production: Harvard combines forces with IIT Delhi

Published

on

CAMBRIDGE, Mass. (DIYA TV) — Harvard’s South Asia Institute (SAI) has joined forces with one of India’s most prestigious institutions, Indian Institute of Technology, Delhi, and Tata Trusts, in a concerted effort to mentor 25 social entrepreneurship startups in science and technology.

The announcement comes on the heels of Harvard’s annual India conference — this year’s edition of the conference was held at the school’s Kennedy School of Government and led by a star-studded cast which included the likes of Kamal Hassan, Ravi Shankar Prasad, Karan Johar, Anita Dongre and many others.

The new project, led by Harvard South Asia Institute director Tarun Khanna, hopes the mentoring provided to the startup companies will be proactive in the creation of more jobs. Companies selected to participate in the project will additionally be provided with spending grants and workshops for extra guidance. Harvard’s institute requested and was granted funding from Tata Trusts to experiment with ways to translate knowledge that was generated in the university setting into livelihood creation.

“India needs 100 million net new jobs in the next decade to absorb the demographic dividend,” Khanna said. “I don’t know of any system in the world that has generated that many jobs in a short period of time without a significant dose of new enterprise creation and entrepreneurship,” he added. Some of Khanna’s previous work includes chairing the Government of India Niti Aayog Commission on Entrepreneurship and Innovation.

R. Venkataramanan, an executive of Tata Trusts, concurs. He opined how paramount the need for collaboration is for further development and growth.

“Under this collaboration with Harvard University’s South Asia Institute, we will develop entrepreneurship opportunities that will help provide sustainable prosperity to the local communities. “

The Tata grant will last 18 months, and Khanna recognizes that might be a bit of a tight window to make true progress. But he’s prepared to face the challenge. The program’s greatest obstacle is likely one few consider, he added: the life and work of an entrepreneur can be a very lonely one.

“The challenge and plan is to demonstrate using research and knowledge assets to work with these social enterprises to point them in the right direction and create a system of peer support. This will be done through workshops, on an ongoing basis,” he said.

The learning will happen on both sides, Khanna said — this is a new program for IIT as well, and the participants of the program will not be limited to IIT’s student body. Some of them will have already been graduated for as much as a year, professor Ambuj Sagar said.

“There is an explosion in learning, including social entrepreneurship. We can take some of these experiences to our workshops,” Sagar said. “Many of these people were students about a year ago. These are young startups and not all are IITians. They are people from Delhi, Kanpur, Utkal University, small colleges in Punjab.”

Fostering what’s learned and developed during the program is of the utmost importance — sustaining that growth after the expiration of the 18-month grant, and continuing the program with the involvement of other institutions is the ultimate goal, Khanna said.

“One of the tasks that we have is to think of ways to continue with this programme, with our partners, the Trusts, IIT-D and other institutions, including the government machinery. The more people talk about it, the better,” he said.

Business

Former MGM executive Roma Khanna named Revolt TV’s next CEO

Former MGM executive Roma Khanna named Revolt TV’s next CEO

Published

on

By

Roma Khanna

Sean Combs Announces Roma Khanna CEO of Revolt TV

LOS ANGELES (Diya TV) — Sean Combs has announced Roma Khanna the CEO of Revolt TV.

“As Revolt continues to grow as a brand and expand globally, I knew we needed a seasoned executive with a proven track record to keep the momentum going and help me lead the network into the future,” said Combs. “Roma is that person. She has the experience and tenacity to build on Revolt’s success and as we continue to influence content and culture around the world.”

“After decades of building large-scale businesses in TV and media, I am excited to have the opportunity to work alongside visionary Sean Combs to get hands-on and redefine content models with a view to building a modern, relevant, global cultural brand,” said Khanna. “Revolt is ready to create and curate content and super-serve its audience on its own TV platform and beyond, living and breathing with its audience wherever they might be.”

Revolt says the company’s mission is to build on its platform to offer long- and short-form content revolving around hip-hop music and culture. According to Revolt’s website, “REVOLT is focused on expertly curating the best of the best in music and engaging youth in social conversation – on-air, on-line, on-demand. The multi-genre, multi-platform network offers breaking music news, videos, artist interviews, exclusive performances, and original programming.”

Revolt claims to have over 50 million young adult consumers through television, digital properties, social and mobile. REVOLT is accessible 24/7 – anytime, anywhere, any screen.

Khanna left MGM, where she served as president, in late 2015. She helped launch FX’s “Fargo” and History’s “Vikings.” She spent three years as president of global networks for NBC Universal’s international networks wing. She also oversaw the development of Hulu hit “Handmaid’s Tale.”

Revolt had been without a CEO for a year, since Keith Clinkscales left the company last August. Revolt launched as a linear channel in the U.S. in October 2013 and has since expanded to Africa and the Caribbean.

Continue Reading

Business

Indian American Physician Vas Narasimhan Named CEO of Novartis

Published

on

By

Vas Narasimhan

Indian American Physician Vas Narasimhan Named CEO of Novartis

WASHINGTON (Diya TV) — Switzerland-based biotech giant Novartis says Indian American physician Vas Narasimhan will take reins as CEO on Feb. 1.

The 41-year-old Narasimhan joined Novartis in 2005. He currently serves as the company’s Global Head of Drug Development and Chief Medical Officer. He is also a member of Novartis’ Executive Committee.

“Both from a professional and a personal perspective, this is the right moment to hand the leadership reins of the company to Vas,” said current Novartis CEO Joseph Jimenez. “Our strong pipeline and the strategic moves we have taken to focus the company have put Novartis on a strong path for the future. On the personal side, after 10 wonderful years in Switzerland, my family is ready to return to Silicon Valley and the U.S. I’m confident that Vas will be an excellent successor.”

Joerg Reinhardt, chairman of the Novartis board of directors, said the company anticipates “a smooth transition, as Joe built a strong leadership team and mentored his successor.”

Narasimhan graduated from Harvard Medical School. He also has a master’s in public policy from the university’s John F. Kennedy School of Government. He earned undergraduate degree in biological sciences from the University of Chicago.

Prior to joining Novartis, he worked at McKinsey & Company, first as a consultant and then as an engagement manager.

An elected member of the U.S. National Academy of Medicine, Narasimhan has held a number of positions at Novartis.

Reinhardt expressed confidence in Narasimhan’s ability to lead the company to “expected next growth phase … The strength of Novartis is our ability to drive science-based innovation. Vas is deeply anchored in medical science, has significant experience in managing the interfaces between Research and Development and commercial units and has strong business acumen with a track record of outstanding achievements. As a physician, he has a strong patient focus and a genuine humane perspective and care for the mission and values of Novartis. As a result, the Board of Directors is confident that Vas is the right choice to lead Novartis on our expected next growth phase, driving innovation and further strengthening our competitive position.”

Continue Reading

Business

Former Facebook executive Chamath Palihapitiya to raise $500M for a large fund

Published

on

By

Charmath Palihapitiya

Chamath Palihapitiya, a former Facebook executive and a minority owner of the Golden State Warriors is attempting to raise $500 million as he builds a large investment firm.

WASHINGTON (Diya TV) — Chamath Palihapitiya, a former Facebook executive and a minority owner of the Golden State Warriors is attempting to raise $500 million as he builds a large investment firm.

According to a filing with the Securities and Exchange Commission, Palihapitiya is listed as CEO of “blank check company,” Social Capital Hedosophia Holdings. The company plans to raise $500 million in its IPO and subsequently acquire emerging private businesses that have little incentive to go public.

“Our mission is to create an alternative path to a traditional IPO for disruptive and agile technology companies to achieve their long-term objectives and overcome key deterrents to becoming public,” the filing said.

Palihapitiya has often condemned the traditional venture model and expressed his admiration for billionaire Warren Buffett, who erected Berkshire Hathaway into one of the World’s largest publicly-traded holding companies over a half century.

Social Capital is going to be more like a “bastard stepchild of Berkshire Hathaway and Blackstone and BlackRock” than a traditional venture firm, Palihapitiya said at an event in 2015.

One of Palihapitiya’s goals in the venture is bringing together “technologists, entrepreneurs, and technology-oriented investors,” the filing said.

The Wall Street Journal reported Palihapitiya’s team is planning to meet with investors soon, then initiating the IPO shortly thereafter on the New York Stock Exchange.

Hedosophia has offices in Hong Kong and London. Ian Osborne, CEO of Hedosophia, will be president of the new holding company. Former Skype CEO Tony Bates and former Twitter executive Adam Bain are among the Board members.

Palihapitiya spoke to Diya TV moments after the Warriors championship win in 2017

 

 

Continue Reading

Trending

Copyright © 2017 Zox News Theme. Theme by MVP Themes, powered by WordPress.