May 4, 2019 | Tech
Press Release for immediate dissemination
Dana Incorporated Appoints Leader for Dana India
New Delhi, May 4, 2019 — Dana Incorporated (NYSE: DAN), a leading provider of propulsion technologies in India for more than 50 years, today announced that Gajanan Gandhe is joining the company as country leader of Dana India, effective today.
In this role, Mr. Gandhe will work across Dana, including the company’s business units, functional teams, and joint-venture partners, to accelerate strategic and profitable growth. Included in his responsibilities is the implementation of the company’s e-Mobility strategy in this important geographic market. He will also be an active member on each of Dana’s India-based boards of directors.
“India is one of the world’s largest industrial markets, and Mr. Gandhe brings proven leadership experience in the mobility industry in India, as well as globally,” said Antonio Valencia, senior vice president, global electrification, China, and India for Dana. “In combination with our significant organic growth and the acquisitions of Brevini, TM4, SME, and Oerlikon Drive Systems, India is one of our largest regions. We are excited to welcome Mr. Gandhe to the Dana team as we continue to capitalize on this important growth sector.”
Mr. Gandhe brings to Dana significant leadership experience with global multinational mobility companies. He most recently served as executive director, India and vice president, South Asian/African operations for International Automotive Components. In addition, Mr. Gandhe has held leadership positions with Lear Corporation, Dow Automotive, and General Motors. Mr. Gandhe earned an MBA from Oakland University, a Master of Science degree in engineering mechanics from Virginia Tech, and a Bachelor of Science degree in civil engineering from the Indian Institute of Technology Bombay. He also participated in Harvard Business School’s Advanced Management Program.
About Dana Incorporated:
Dana is a world leader in providing power-conveyance and energy-management solutions for vehicles and machinery. The company’s portfolio improves the efficiency, performance, and sustainability of light vehicles, commercial vehicles, and off-highway equipment. From axles, driveshafts, and transmissions to electrodynamic, thermal, sealing, and digital solutions, the company enables the propulsion of conventional, hybrid, and electric-powered vehicles by supplying nearly every vehicle and engine manufacturer in the world. Founded in 1904, Dana employs more than 36,000 people who are committed to delivering long-term value to customers. Based in Maumee, Ohio, USA, and with locations in 33 countries across six continents, the company reported sales of $8.1 billion in 2018. Having established a dynamic, high-performance culture, the company has been recognized globally as a top employer, with significant honors in Asia, India, Italy, Mexico, and the United States. Learn more at www.dana.com.
For further information: Puspanjali- puspanjali@prhub.com, 8826887294, Israrul- israrul@prhub.com 9304221458
May 4, 2019 | Education
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May 4, 2019 | Business
Shaikhani Group, a Dubai-based real estate developer, is eyeing investors from Pakistan as more and more Pakistani investors buy property in the UAE.
The developer exhibited its properties in Abad-Jang Expo, a real estate exhibition held in Islamabad from Friday to Sunday last week.
The expo is the largest real estate show in Pakistan, with a visitor footfall of 30,000. The show attracts property developers, builders, town planners, contractors, interior designers and allied industries from the Middle East, including the UAE.
Mahmood Abu Baker Shaikhani, managing director of Shaikhani Group, said: “Dubai is a favorite destination for Pakistanis due to the city’s position as one of the most secure cities in the world, high standards of living, high yields on property investments and historic relations between the UAE and Pakistan. In this scenario, we see a high potential in Pakistani home buyers.”
Gardenia Residency at Jumeirah Village Circle has studios, in addition to one-, two- and three-bedroom apartments. Gardenia Residency aims to make a definitive statement of luxury coupled with Mediterranean allure. It is immaculately designed and features a lifestyle boutique, private terraces, gardens, landscaped parks, secure car parking, retail area and restaurants.
Gardenia Residency comes with an attractive 50:50 payment plan that allows property buyers to pay up to Dh399,500 ($108,769) or 50 percent in installments till project handover with the balance payable after the handover.
“Gardenia project is the most suitable choice for end-users and small families to shift from rented homes to their own freehold homes without putting much strain on their finance — which is a major issue with fixed-income small families,” Shaikhani said.
Shaikhani Group is developing 11 projects that will deliver 2,100 residential and commercial units in Dubai Sports City, Jumeirah Village Circle and Dubai Silicon Oasis.
In February this year, Shaikhani Group announced the delivery of 135 residential units housed in Champion Tower 1 where residents are expected to move in over the coming weeks, the statement said.
Jumeirah Village Circle, located in the heart of new Dubai, is surrounded by Mohammad bin Zayed Road, Al Khail Road and Al Barsha Road. It is close to the new Al Maktoum International Airport and the Expo 2020 site, and connects well to all the neighborhoods due to the strong road networks surrounding it.
May 4, 2019 | Education
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May 4, 2019 | Uncategorized
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