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CNBC and SAS touch upon ‘Corporate Governance’ issues

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MUMBAI: CNBC-TV18 and the SAS Institute Inc organised an interactive panel discussion on Corporate Governance: The Cornerstone of an Intelligent Enterprise in Mumbai on 9 December.

In the 21st century, Corporate Governance is one of the crucial parameters that investors consider, before investing in the shares of any organisation. Implementing good strong Corporate Governance practices has therefore become a priority for many companies.

SAS senior vice president and chief marketing officer Jim Davis said, “Corporate Governance is often confused with Corporate Compliance. Both of these are very distinct and definitions of Corporate Governance are often misleading. Good corporate governance is the lens through which a stakeholders, customers and suppliers of a company view a company.”

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SAS chief executive officer Jim Goodnight, who was the Guest of Honour for the discussion said, “Cost should not be a constraint when implementing systems for good governance because more knowledge at a CEO’s fingertips is always an added advantage for the organisation.”

Eminent personalities like Oriental Bank of Commerce chairman and managing director B D Narang, Deutsche Bank chief country officer Gunit Chadda, Tata Sons executive director R Gopalakrishnan, Pfizer India executive director (finance) Keval Handa, AV Birla Group chief financial officer DD Rathi discussed how prudent investment in advanced technology could be used to make a real difference to a company’s bottomline.

Speaking at the discussion, a CNBC-TV18 spokesperson said, “Corporate Governance is a systemic process by which companies are directed and controlled to enhance their wealth generating capacity. Since large corporations employ vast quantum of societal resources, the governance process should ensure that these companies are managed in a manner that meets stakeholders aspirations and societal expectations. CNBC-TV18 has brought together eminent executives from top organisations to highlight the fact that good corporate governance is possible only with a strong and decisive top management, and we believe this is possible only if they have the right information at their fingertips. Hence the route to success for any organisation is to invest in the right technology that gives the Right Information, at the Right Time, to the Right Person.”

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Magellanic Cloud names Syed Ameeruddin CEO of e-surveillance arm

Keeping a sharper eye on the future, Magellanic Cloud is putting a seasoned watcher in charge.

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MUMBAI – Magellanic Cloud Ltd. has elevated Syed Ameeruddin as Chief Executive Officer of its e-surveillance business, bringing its iVIS and Provigil operations under a unified leadership to accelerate growth in intelligent monitoring and infrastructure solutions.

Ameeruddin, a nearly two-decade veteran of the company, steps into the role after leading the e-surveillance vertical. His career trajectory—from Business Development Manager to the top of the vertical—reflects a steady climb built on operational depth, client engagement, and strategic execution across multiple subsidiaries.

Over the years, he has played a central role in expanding the company’s footprint, strengthening client relationships, and streamlining operations. He has also been instrumental in integrating acquisitions, helping align new businesses with Magellanic Cloud’s long-term strategy while stabilising performance across diverse domains.

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More recently, Ameeruddin has contributed to securing key mandates spanning railways, the National Highways Authority of India, and the BFSI sector—wins that have bolstered the company’s order book and deepened its presence in critical infrastructure.

Commenting on the move, Joseph Sudheer Thumma said Ameeruddin’s leadership has been “pivotal in shaping the e-surveillance business,” citing his ability to drive growth, build teams, and deliver strategic wins as key to the company’s journey. His elevation, Thumma added, is expected to further accelerate expansion in AI-driven surveillance and infrastructure solutions.

The transition comes as demand surges for AI-enabled monitoring, centralised command systems, and large-scale deployments across mission-critical environments. Magellanic Cloud’s e-surveillance segment—anchored by iVIS and Provigil—has emerged as a significant growth engine, delivering projects across banking, transport, highways, and public infrastructure.

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In his new role, Ameeruddin will focus on scaling platform capabilities, expanding deployments in complex environments, and developing integrated solutions that enhance real-time intelligence and operational resilience. He will continue to serve as Chief Operating Officer of the company alongside his new responsibilities.

With this leadership shift, Magellanic Cloud is doubling down on its ambition to stay ahead in India’s rapidly evolving surveillance ecosystem—where seeing, increasingly, is not just believing, but predicting.

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