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Former SoftBank COO Nikesh Arora Appointed as the CEO of Palo Alto

2Jun By Gauri SinghNo Comments

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Former SoftBank COO Nikesh Arora Appointed as the CEO of Palo Alto

Nikesh Arora, an Indian businessman who was the president and COO of SoftBank Group, has now been appointed as the CEO and chairman of 'Palo Alto Networks', the global cybersecurity leader. Arora has replaced Mark McLaughlin who has been the head for nearly seven years and has played a major role in its difficult stage of growth. The past CEO will now become the board's vice chairman. He said he wanted to step down as CEO so that he could spend more time with his family. McLaughlin, in this context, expressed,"Over the course of several quarters, I have been discussing succession planning with the Board and I couldn't be more pleased that we have found a leader in Nikesh." Nikesh Arora has worked with SoftBank as well as with Google. He served at SoftBank from 2014 until 2016, when he...

Ken Miyauchi Will Replace Nikesh Arora as Softbank President & COO

22Jun By NitishNo Comments

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Ken Miyauchi Will Replace Nikesh Arora as Softbank President & COO

SoftBank Group Corp said Wednesday that Ken Miyauchi, head of the group's Japanese telecommunications operations, would become president and chief operating officer to replace Nikesh Arora. Arora, the former Google executive handpicked by the SoftBank founder Masayoshi Son as his successor, has abruptly quit as president after it became clear that Son wanted to remain at the helm longer than first planned. The 48-year-old former Chief Business Officer at Google decided to call it a day as his 58-year-old boss Son said he was planning to quit at the age of 60 but felt he was “still a bit too young”. The development interestingly came just a day after Arora getting a clean-chit from a special committee set up by SoftBank to look into the allegations against him from some shareholder...

Softbank Chairman Nikesh Arora Quits , #Nexit Trends on Twitter

21Jun By NitishNo Comments

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Softbank Chairman Nikesh Arora Quits , #Nexit Trends on Twitter

In line with trending terms like "Brexit" and "Rexit", now Twitterati have coined a new expression "Nexit" after India-born Nikesh Arora announced his surprise resignation as President and COO at SoftBank. For the past several days, two words Brexit and Rexit have been trending. Brexit in short stands for Britains possible exit from the European Union, while Rexit word came up after RBI Governor Raghuram Rajan decided against seeking a second term. On Twitter, Aroras surprise exit was being referred as #Nexit, in line with the trending terms -- #Rexit (Rajan deciding not to take a second term) and #Brexit (Britains possible exit from the EU). India-born Nikesh Arora, President and COO at Japanese conglomerate SoftBank, today said he is stepping down from his role as Masayoshi ...

Nikesh Arora Received $73M Pay Cheque From Softbank in 2016

26May By AdityaNo Comments

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Nikesh Arora Received $73M Pay Cheque From Softbank in 2016

Nikesh Arora, a Ex-Googler and the president and COO of SoftBank Group, received heafty pay check of $73 million (8.04 billion yen) in 2016. Arora's compensation includes $14.2 million (1.56 billion) paid by other SoftBank units. After Google, Arora had joined SoftBank as its vice-chairman and CEO of SB Group US (previously SoftBank Internet and Media Inc) in September 2014. In 2014-15, Arora had received a $135 million pay package including signing bonus during joining the company in September and end of March 2015. Nikesh Arora count among top paid executives in the world. During his tenure, Arora has led SoftBank's investments into Snapdeal, Ola, Housing, Oyo Rooms and Grofers. He also faces several criticism from a group of SoftBank Group investors, which alleged conflict of ...

Barkha Dutt and Shekhar Gupta Launched Their First Online Venture “The Print”

8Jan By PriyankaNo Comments

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Barkha Dutt and Shekhar Gupta Launched Their First Online Venture “The Print”

Shekhar Gupta and Barkha Dutt, two very renown Indian Journalist launched their first online venture The Print, a news media start up. The platform was formaly announced in a first event of The Print called "Off the cuff". However the website has not launched yet. We are waiting to see how the things will goes from here. Barkha @bdutt and I are thrilled to roll out the first small steps in the launch of ThePrint @theprintIndia which we are co-founding — Shekhar Gupta (@ShekharGupta) January 7, 2016 //platform.twitter.com/widgets.js Shekhar @ShekharGupta and I are thrilled to roll out the first small steps in the launch of ThePrint @theprintindia which we are co-founding— barkha dutt (@BDUTT) January 7, 2016 //platform.twitter.com/widgets.js Senior Journali...

Having a Problem With OLA, Call Nikesh Arora

7Jan By RishabhNo Comments

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Having a Problem With OLA, Call Nikesh Arora

With greater possessions and a good rank comes greater responsibilities. It need not to be reminded how some of the extraordinary Indians have made many globally scaled headlines. Be it our Prime Minister Mr. Narendra Modi or Sundar Pichai who proved his worth by becoming the CEO of Google or his ex-colleague Nikesh Arora, President and COO of SoftBank Corp. who was ranked as the 3rd highest paid executive by getting paid a record amount of $135 million to lead Softbank’s operations. (more…)

Japan’s SoftBank bags first solar power project in India

19Dec By NitishNo Comments

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Japan’s SoftBank bags first solar power project in India

NEW DELHI--(BUSINESS WIRE)-- SB Energy, (formerly known as SBG Cleantech), a three-way joint venture between Japan-headquartered telecommunications and Internet major SoftBank Group Corp. (“SoftBank”), leading Indian business conglomerate Bharti Enterprises Limited (“Bharti”) and Taiwan-based top design and manufacturing services provider Foxconn Technology Group (“Foxconn”), won the NTPC bid to develop a 350MW solar plant under the Phase-II, Batch-II, Tranche-I of National Solar Mission at a 25-year tariff of Rs. 4.63/ kWh. The project is to be developed in the Ghani Sakunala Solar Park, Kurnool District in the state of Andhra Pradesh. This is SoftBank’s first step towards realising its $ 20 billion commitment to promote clean and safe energy in India. This solar project, under the flag...