
Indian-American businesswoman replaces Canadian PM Carney at Harvard board
Indian-American businesswoman Anjali Sud has been elected as a member of Harvard University's Board of Overseers. Anjali, who is the CEO of streaming platform Tubi, will replace Canadian Prime Minister Mark Carney, who stepped down from the university's board on March 9, the same day the Liberal Party elected him as their new leader, replacing PM Justin Trudeau.Carney, who was elected to Harvard's Board of Overseers in 2021, faced criticism in the days leading up to his election for remaining on the boards of several organisations while running to replace Trudeau.advertisementBefore earning his economics degree from Harvard College in 1987, Carney played varsity hockey and was a member of the AD Club, according to Harvard Magazine.
In addition, another Indian-American, Sanjay Seth, a climate and sustainability expert, has also been elected as one of the new directors of the Harvard Alumni Association (HAA).Sud will serve the remaining two years of the unexpired term of Carney, while Seth will begin his three-year term on July 1, along with five other newly elected directors.The Board of Overseers is one of Harvard's two governing boards, along with the President and Fellows, also known as the Corporation.Formally established in 1642, the Board plays an integral role in the governance of the university. As a central part of its work, the Board directs the visitation process—the primary means for periodic external assessment of Harvard's schools and departments, according to the varsity website.advertisementThe HAA Board, including its elected directors, serves as an advisory body focused on building community, promoting engagement, and encouraging a strong sense of university citizenship among Harvard alumni globally.ANJALI SUD WAS BORN TO PUNJABI IMMIGRANT PARENTSAnjali Sud was born in Detroit in 1983 to Punjabi immigrant parents and raised in Flint, Michigan. Anjali Sud earned her MBA from Harvard Business School in 2011.Sud began her career at Amazon, gaining experience in business development, merchandising, and marketing. She later joined Time Warner as an associate on its mergers and acquisitions team. In 2012, she moved to the video-hosting platform Vimeo as Vice President of Global Marketing, steadily rising through the ranks over the years.Sud serves as chair of the board at Change.org and is a board member at Dolby Laboratories. She is also part of the executive committee of the development board at Phillips Academy Andover, where she supports financial aid initiatives.She lives in New York City and has two children.Sanjay Seth, who is also alumnus of Harvard, served as Chief of Staff and Senior Advisor for Climate and Equity at the US Environmental Protection Agency's New England office.Originally from Bismarck, North Dakota, Sanjay has a background in community and political organising.Sanjay is a dual-degree graduate in the Master in Urban Planning program at the Harvard Graduate School of Design and the Master in Public Administration program at the Harvard Kennedy School of Government, according to Harvard's website.Must Watch
Hashtags

Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles


United News of India
26 minutes ago
- United News of India
Sampre Nutritions Ltd Plans Strategic Fundraising Initiative to Drive Growth and Expansion
New Delhi [India], June 21: Sampre Nutritions Ltd (BSE: 530617), a leading confectionery manufacturer, has proposed fund raising initiative through various modes such as preferential issue. Communicated earlier this year to BSE, the company is likely to hold Board of Directors meeting in near future, for the shareholders to consider and approve plans for raising funds via issuance of eligible securities. The proposed capital raise may involve issuance of eligible securities of the company, in one or more ways, through public and/or private offerings, including by way of preferential issue, qualified institutions placement and / or further public offering, subject to such approvals as may be required, including approval of the shareholders of the Company. The aim is to strengthen the company's financial structure and support its ongoing expansion and diversification efforts. The management of the company commented 'This is an important step in our journey as we explore ways to expand operations, extend market penetration, and invest in long-term growth. The fundraising initiative highlights our commitment towards building a stronger, more resilient future at Sampre Nutritions Limited' As part of the process, the Board will also consider convening an Extraordinary General Meeting (EGM) or initiating a postal ballot to seek shareholder approval. Earlier in April 2024, the company successfully allotted 17 lakh equity shares at Rs 36 each following the conversion of warrants issued on a preferential basis. On October 14, 2024, the Board approved the conversion of 85 Foreign Currency Convertible Bonds (FCCBs), originally allotted on June 28, 2024, into equity shares. This resulted in the allotment of 1,19,42,116 fully paid-up equity shares of face value of Rs 10 at a conversion price of Rs 59.84 per share, increasing the company's paid-up capital to Rs. 2.09 crore comprising of 20,91,212 equity shares of face value of Rs. 10 each. Subsequently, in October 2024, the company received in-principle approval from BSE for listing of 89,91,711 equity shares of face value of Rs 10 each at a price of Rs 59.84 per equity share. Along with this, the company also received approval for issuance of 10,00,000 warrants convertible into equity shares of face value of Rs 10 each at a price of Rs 60.50 per equity share on a preferential basis. In November 2024, the company approved the allotment of 8,40,000 warrants on a preferential basis to non-promoters at a price of Rs 60.50 per warrant, each convertible into one equity share of face value Rs 10. The company was also awarded the Certificate of Recognition under the India 5000 Best MSME Awards 2024 for excellence in quality, customer satisfaction, and societal impact. The company recently announced its Q4 FY25 and FY25 consolidated financial result. The consolidated revenue from operations remained stable at Rs 25.12 crore. The company reported a consolidated net loss of Rs 7.67 crore, mainly on account of investment into subsidiaries and higher finance costs. For Q4 FY25, company reported revenue of Rs 7.76 crore, a growth from Rs 4.76 crores reported in Q4 FY24. About Sampre Nutritions Ltd: Incorporated in 1991 and headquartered in Medchal, Telangana, Sampre Nutritions Ltd is engaged in manufacturing complete range of confectionery, éclairs, candies, lollipops, toffees, powder and centre filled products. The company is instrumental to deliver the growing volumes for most of the MNC's and beside producing its own brand. The group is one stop shop for complete range of confectionary productions. It has multiple MNC's as their clients as Mondelez India Pvt Ltd, Perfetti Van Melle, Reliance, DS Group, Nestle to name a few… The promoter is also the President for Indian Confectionery Manufacturers Association and is into the industry for the past 4 decades Sampre Nutrition is the first ISO certified company in South East Asia in this category since 1995 and is the 1st HACCP Certified Company by BVQI and FSSA Version 6 certified company with receiving Multiple Quality Awards World Wide. Further the company is associated with Mondelez India Pvt Ltd for manufacturing Eclairs for the past 30 Years and the Sole Manufacturer for Eclairs for the past 8 years for India, China and South African Market.


Fashion Value Chain
28 minutes ago
- Fashion Value Chain
Butterfly Unveils a Bold New Identity That Celebrates Change and Champions the Original You
Butterfly, one of India's most trusted kitchen appliance brands, is turning a new page. With a refreshed brand identity, a renewed purpose, and a sharper understanding of today's ever-evolving consumer. Butterfly New Logo At the heart of this refresh is a symbol as timeless as it is transformative-the fingerprint. Merging beautifully into the wings of a butterfly, the evolved icon reflects the brand's core belief: that while life changes, one's essence remains. It is this personal imprint-one's way of thinking, cooking, creating, and living-that Butterfly now celebrates. This new era of Butterfly speaks directly to consumers with a 'zillenial' attitude to life-self-aware individuals who embrace transformation while staying rooted in who they are. For them, change is constant-but authenticity is non-negotiable. The brand aims to focus not on age, but on attitude by moving beyond demographics to psychographics-because a zillenial mindset isn't defined by numbers, borders or genders but by how one embraces change. Butterfly's refreshed positioning, 'Celebrating Change', reflects a deep understanding of modern Indian homes, where shifting roles, hybrid lifestyles, and tech-integrated living are the norm. As a subsidiary of Crompton, one of India's leading names in home solutions, Butterfly is now equipped to bring intuitive and purposeful innovations that transform everyday experiences in the kitchen and beyond. 'For over 40 years, Butterfly has been a part of millions of kitchens across India. Today, as homes become more fluid and identities more self-defined, our new identity reflects not just who we are-but who we're here for,' said Swetha Sagar, Chief Business Officer, Butterfly. The new Butterfly logo is more than just a symbol-it's the mark of millions of consumers, retailers, dealers, employees and designers who are making the Butterfly products. Crafted from the distinct swirls of a fingerprint, the wings of the butterfly now carry the story of every individual it touches. It's a tribute to the idea that no matter how much life shifts, one's identity leaves a mark-on choices, kitchen and the everyday rhythm. 'This is more than a rebrand. It's a reimagining of what it means to belong in a modern Indian kitchen. Butterfly is for the originals. The ones who grow, shift, and adapt, but never lose the essence of who they are.' she said. From mixer grinders to cooktops, Butterfly's product range is undergoing a transformation across categories-designed to be more intuitive, durable, and design-forward, catering to the changing rhythms of contemporary households. The brand's commitment remains the same: to improve everyday life by providing intelligent solutions that understand and evolve with the consumers. About Butterfly Gandhimathi Appliances Ltd. 'Butterfly' is amongst the Top 3 Brands in India in kitchen and small domestic appliances. It is a reputed brand with high consumer recall in South, known for Aesthetics and Product Quality. It has diverse product portfolio, with variants adapted to meeting consumer needs. It has 4 core products – Mixer Grinders, Pressure Cookers, Gas Stove, Wet Grinders and backed by a full suite of small domestic appliances. It has state of art in-house manufacturing setup with strong backward integration.


Business Standard
34 minutes ago
- Business Standard
INR plunges to 5-month low
The Indian rupee plunged 23 paise to close at a five-month low of 86.78 (provisional) against the US dollar on Monday amid a strengthening dollar and volatile crude oil prices following the US strike on Iran's nuclear facilities. A sharp decline in the domestic equity markets further pressured the rupee. Indian shares fell on Monday, but ended off their day's lows as markets apparently took the U.S. strikes against nuclear targets in Iran in their stride and waited to see how Iran reacts and what happens to Tehran's nuclear program. The benchmark 30-share BSE Sensex hit an intraday low of 81,476.76 before closing down 511.38 points, or 0.62 percent, at 81,896.79. The broader NSE Nifty index ended down 140.50 points, or 0.56 percent, at 24,971.90, after having hit a low of 24,824.85 earlier. However, strong FII inflows, along with a rise in the country's forex reserves prevented further losses in the rupee. On the NSE, USDINR futures ended higher by 0.14% at 86.78. Powered by Capital Market - Live News