MAM
New launches and services to mark Mobile Expo 2005
New Delhi: Consumers can expect a slew of new launches and services at Mobile Expo 2005, to be held from 9 February to 12 February, in the capital. The event is being organised jointly by the Confederation of Indian Industry (CII) and the Indian Cellular Association (ICA).
“The expo would provide a common platform for manufacturers of mobile devices and related products, wireless service providers, distributors, retailers, application developers and the like, to come together and showcase their products and services to Indian consumers,” says Mobile Expo 2005 chairman and Nokia India MD Sanjeev Sharma.
Almost all the big players in the Indian market like Airtel, Hutch, Haier India, LG Electronics, Nokia, Samsung, Motorola, Sony Ericsson, Bird International, Reliance, Philips India, Akasaki International, AEE Overseas, Callmate India, Cellnext Solutions, among others, would be exhibiting their products, informed Sharma.
Explaining the need for such an expo, Sharma said that the subscriber base of mobile phone users was growing rapidly in India. There were 48 million subscribers at the end of 2004, an increase of 70 per cent over 2003, he added.
ICA national president Pankaj Mohindroo said that exhibiting companies from service providers cover almost 70 per cent of subscriber base in addition to handset manufacturers who cover over 90 per cent of the market share. “In addition, accessories manufacturers’ would also be displaying add on products and services to change the look of the existing mobile phones,” he added.
Consumers can look forward to new launches, events and contests through out the four day event. In fact, Sony Ericsson will launch J200i, K508 i, K700 i, S700 i, and along with the range of accessories and PC cards. Similarly, Nokia will also launch new products like N9300, N7270 and N7280, besides state-of-the-art accessories like digital pen and kaleidoscope. Meanwhile, Haier would also be launching its new products like Z100, Z 300, V100, Z 3000, Z 1100, V200 and P7. Motorola will showcase a series of high technology products, including the recently launched iconic MotorazrV3. Samsung would also be launching new products during the exhibition.
Brands
YES Bank hands the keys to SBI veteran Vinay Tonse as it bets on a new era
Former SBI managing director appointed as YES Bank’s new MD and CEO
MUMBAI: YES Bank is done rebuilding. Now it wants to grow. The private sector lender has appointed Vinay Muralidhar Tonse as managing director and chief executive officer-designate, with RBI approval secured and a start date of April 6, 2026 confirmed. The three-year term signals the bank’s intent to shift gears from crisis recovery to full-throttle expansion.
Tonse, 60, is no stranger to scale. Most recently managing director at State Bank of India, he oversaw a retail book of roughly $800bn in deposits and advances, one of the largest in the country. Before that, he ran SBI Mutual Fund from August 2020 to December 2022, a stint that saw assets under management surge from Rs 4.32 lakh crore to Rs 7.32 lakh crore across market cycles. Add stints in Singapore and four years leading SBI’s overseas operations in Osaka, and the incoming chief arrives with a genuinely global CV.
His academic grounding is equally solid: a commerce degree from St Joseph’s College of Commerce, Bengaluru, and a master’s in commerce from Bangalore University.
The appointment follows an extensive search and evaluation process by the bank’s Nomination and Remuneration Committee. NRC chairperson Nandita Gurjar said the committee unanimously backed Tonse, citing his leadership track record, governance credentials and ability to drive the bank’s next phase of transformation.
Non-executive chairman Rama Subramaniam Gandhi was unequivocal. “I am certain that Vinay Tonse, with his vast experience as a senior banker, will propel YES Bank to its next phase of growth,” Gandhi said, adding that the bank remains focused on strengthening its retail and corporate banking franchises and expanding its branch network.
Rajeev Kannan, non-executive director and senior executive at Sumitomo Mitsui Banking Corporation, the bank’s largest shareholder, said Tonse’s experience across retail, corporate banking, global markets and asset management positioned him well to lead the lender. SMBC said it looks forward to working with Tonse and the board as YES Bank pursues its ambition of becoming a top-tier private sector lender anchored in strong governance and sustainable growth.
Tonse succeeds Prashant Kumar, who took the helm in March 2020 when YES Bank was in freefall following a severe financial crisis, and spent six years painstakingly stabilising the institution, rebuilding governance and restoring operational scale. Gandhi was generous: “The bank remains indebted to Prashant Kumar, who is responsible for much of what a strong financial powerhouse YES Bank is today.”
Tonse, for his part, struck a purposeful note. “Together with the board and my colleagues, I remain deeply committed to creating long-term value for all our stakeholders,” he said, pledging to build on Kumar’s foundation guided by his personal motto: Make A Difference.
Beyond the balance sheet, Tonse played cricket at college and club level and represented Karnataka in archery at the national championships — sports he credits with teaching him teamwork, situational leadership, discipline and focus. In quieter moments, he reaches for retro Kannada music, classic Hindi songs, and the crooning of Engelbert Humperdinck, Mukesh and Kishore Kumar.
YES Bank has its steady-handed rebuilder in Kumar to thank for survival. Now it has a scale-obsessed growth banker at the wheel. The next chapter starts April 6.
