New Delhi (PTI): IT company Tech Mahindra on Saturday announced the appointment of former Infosys president Mohit Joshi as MD and CEO designate, who will take over the charge from C P Gurnani after his retirement on December 19 this year.

The announcement follows the resignation of Joshi from Infosys where he was head of the global financial services and healthcare and the software businesses, which included Finacle (Infosys' banking platform) and the artificial intelligence and automation portfolio.

''Mohit will take over as MD and CEO when C P Gurnani retires on 19th December 2023. He will join Tech Mahindra well before that date to allow for sufficient transition time,'' Tech Mahindra said in a statement.

Separately, Infosys in a regulatory filing said that Joshi has resigned from the company. He will be on leave effective from March 11, 2023 and his last date with the company would be June 9, 2023.

Joshi will replace Gurnani who has been one of the longest serving chief executive officers of the Indian IT sector.

Let the Truth be known. If you read VB and like VB, please be a VB Supporter and Help us deliver the Truth to one and all.



Jerusalem, May 6: Hamas announced Monday it has accepted an Egyptian-Qatari cease-fire proposal, but there was no immediate word from Israel, leaving it uncertain whether a deal had been sealed to bring a halt to the seven-month-long war in Gaza.

It was the first glimmer of hope that a deal might avert further bloodshed. Hours earlier, Israel ordered some 100,000 Palestinians to begin evacuating the southern Gaza town of Rafah, signalling that an attack was imminent. The United States and other key allies of Israel oppose an offensive on Rafah, where around 1.4 million Palestinians, more than half of Gaza's population, are sheltering.

An official familiar with Israeli thinking said Israeli officials were examining the proposal, but the plan approved by Hamas was not the framework Israel proposed.

An American official also said the US was still waiting to learn more about the Hamas position and whether it reflected an agreement to what had already been signed off on by Israel and international negotiators or something else. Both officials spoke on condition of anonymity as a stance was still being formulated.

Details of the proposal have not been released. Touring the region last week, US Secretary of State Antony Blinken had pressed Hamas to take the deal, and Egyptian officials said it called for a cease-fire of multiple stages starting with a limited hostage release and some Israeli troop pullbacks from Gaza. The two sides would also negotiate a “permanent calm” that would lead to a full hostage release and greater Israeli withdrawal, they said.