Alumni in the news - August 20

Nomura has named Birendra Agarwal as Managing Director (MD) and Chief Information Officer (CIO) for Nomura Services, India. At Nomura Services, he will be responsible for managing the technology support across global business units such as equities, fixed income and investment banking.Prior to joining Nomura, Birendra was managing Envision Consultants, an outsourcing and offshore advisory firm. Before that, he was Managing Director and co-CIO, Global Fixed Income Currencies and Commodities at Citigroup, where he was responsible for building the technology division across various financial verticals. He holds a B.Tech Degree from IIT, Mumbai and an M.S. from the University of Kentucky ... more.

Union Minister of State for Environment & Forests (Independent Charge), Shri Jairam Ramesh has clarified that the Central government has not given any environment clearance to the Navi Mumbai Airport. Speaking at a public hearing on coastal management zone in Mumbai this morning, Shri Jairam Ramesh said his Ministry had only approved the terms of reference for the Environment Impact Study for the Navi Mumbai Airport. “I am aware that there are constraints to expanding the present Mumbai airport. However, as a minister, I am also committed to protecting the environment,” Shri Ramesh said. The Union Minister informed that the study, which is being conducted by IIT Mumbai, will take approximately 9-12 months. He said the IIT Mumbai has been asked to take the services of the best international expertise for the study. Shri Ramesh also said that one of the terms of reference was about finding ways to neutralize the impact of destruction of the mangrove forest in the area ... more.