Happiest Minds appoints Anand Balakrishnan as new CFO effective June 12
By Aditya Bhagchandani Published on June 12, 2025, 13:09 IST
Happiest Minds Technologies announced the appointment of Anand Balakrishnan as its new Chief Financial Officer (CFO) and Key Managerial Personnel, effective June 12, 2025. The decision was taken at the company's board meeting held the same day.
Anand Balakrishnan brings with him over two decades of experience in financial management and strategic leadership. He previously served as the CEO of Mindteck, where he played a key role in driving the company back to profitability and operational stability. He is a qualified Chartered Accountant and Cost Accountant and has passed the CPA examination held by the American Institute of Certified Public Accountants.
With this transition, Mr. Venkatraman Narayanan will continue as the Managing Director but will no longer hold the CFO position. The company stated that the appointment was recommended by the Audit Committee and Nomination, Remuneration and Board Governance Committee.
Disclaimer: The information provided is for informational purposes only and should not be considered financial or investment advice. Stock market investments are subject to market risks. Always conduct your own research or consult a financial advisor before making investment decisions. Author or Business Upturn is not liable for any losses arising from the use of this information.
Aditya Bhagchandani serves as the Senior Editor and Writer at Business Upturn, where he leads coverage across the Business, Finance, Corporate, and Stock Market segments. With a keen eye for detail and a commitment to journalistic integrity, he not only contributes insightful articles but also oversees editorial direction for the reporting team.
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Yahoo
a day ago
- Yahoo
Copa Holdings (CPA) Suffers a Larger Drop Than the General Market: Key Insights
Copa Holdings (CPA) ended the recent trading session at $103.77, demonstrating a -2.94% change from the preceding day's closing price. This change lagged the S&P 500's daily loss of 1.13%. Elsewhere, the Dow saw a downswing of 1.79%, while the tech-heavy Nasdaq depreciated by 1.3%. Prior to today's trading, shares of the holding company for Panama's national airline had gained 4.46% outpaced the Transportation sector's loss of 0.07% and the S&P 500's gain of 3.55%. The investment community will be paying close attention to the earnings performance of Copa Holdings in its upcoming release. It is anticipated that the company will report an EPS of $3.33, marking a 15.63% rise compared to the same quarter of the previous year. At the same time, our most recent consensus estimate is projecting a revenue of $842.94 million, reflecting a 2.87% rise from the equivalent quarter last year. For the entire fiscal year, the Zacks Consensus Estimates are projecting earnings of $16.64 per share and a revenue of $3.6 billion, representing changes of +14.29% and +4.51%, respectively, from the prior year. Investors should also pay attention to any latest changes in analyst estimates for Copa Holdings. These revisions typically reflect the latest short-term business trends, which can change frequently. Consequently, upward revisions in estimates express analysts' positivity towards the business operations and its ability to generate profits. Our research shows that these estimate changes are directly correlated with near-term stock prices. Investors can capitalize on this by using the Zacks Rank. This model considers these estimate changes and provides a simple, actionable rating system. The Zacks Rank system ranges from #1 (Strong Buy) to #5 (Strong Sell). It has a remarkable, outside-audited track record of success, with #1 stocks delivering an average annual return of +25% since 1988. Over the past month, the Zacks Consensus EPS estimate has moved 1.93% higher. Copa Holdings is currently sporting a Zacks Rank of #1 (Strong Buy). Looking at valuation, Copa Holdings is presently trading at a Forward P/E ratio of 6.43. This signifies a discount in comparison to the average Forward P/E of 9.43 for its industry. We can additionally observe that CPA currently boasts a PEG ratio of 0.75. This metric is used similarly to the famous P/E ratio, but the PEG ratio also takes into account the stock's expected earnings growth rate. The Transportation - Airline industry had an average PEG ratio of 0.89 as trading concluded yesterday. The Transportation - Airline industry is part of the Transportation sector. At present, this industry carries a Zacks Industry Rank of 51, placing it within the top 21% of over 250 industries. The Zacks Industry Rank is ordered from best to worst in terms of the average Zacks Rank of the individual companies within each of these sectors. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1. Make sure to utilize to follow all of these stock-moving metrics, and more, in the coming trading sessions. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Copa Holdings, S.A. (CPA) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Business Upturn
2 days ago
- Business Upturn
Watch: Iranian state TV airs footage of ballistic missile launch targeting Israel amid escalating conflict
By Aditya Bhagchandani Published on June 14, 2025, 00:05 IST Amid rising tensions in the Middle East, Iranian state television has released dramatic footage showing the launch of ballistic missiles aimed at Israel, marking a significant and dangerous escalation in the ongoing military conflict between the two nations. The video, aired late Friday night, shows a series of missile batteries firing into the night sky, reportedly from strategic military bases inside Iran. Loud booms, fiery trails, and chants of 'Death to Israel' accompany the broadcast, which was aired with patriotic music and live commentary from state-aligned news anchors. Iranian TV with footage of Iran's ballistic missile launch against Israel. — Aditya Raj Kaul (@AdityaRajKaul) June 13, 2025 This launch comes in direct retaliation to Israel's overnight airstrikes that targeted key nuclear infrastructure in Isfahan and Natanz, as well as military command centers. Iranian officials have confirmed the attack, calling it a 'legitimate response to Zionist aggression.' Public air raid alerts have since been triggered across Israel, with the Israel Defense Forces (IDF) confirming that its Iron Dome and David's Sling air defense systems are currently intercepting incoming threats. No confirmed casualties or impact assessments have been shared yet. The broadcast, intended as both a show of strength and a warning, underscores the dangerous trajectory of this conflict. Global observers are watching closely as the situation continues to unfold in real time. Ahmedabad Plane Crash Aditya Bhagchandani serves as the Senior Editor and Writer at Business Upturn, where he leads coverage across the Business, Finance, Corporate, and Stock Market segments. With a keen eye for detail and a commitment to journalistic integrity, he not only contributes insightful articles but also oversees editorial direction for the reporting team.
Business Upturn
2 days ago
- Business Upturn
Israel launches fresh strikes on Iran's nuclear and military infrastructure; Tehran retaliates with missile attack
By Aditya Bhagchandani Published on June 14, 2025, 00:00 IST Tensions between Israel and Iran have escalated into a full-scale conflict after a fresh wave of Israeli airstrikes hit key Iranian nuclear and military targets overnight. The Israeli military confirmed on Friday, June 13, that it has 'destroyed infrastructure critical to Iran's nuclear weapons program,' including sites in Isfahan and Natanz, widely regarded as core to uranium enrichment and weapons-grade material conversion. According to the Israel Defense Forces (IDF), the air force targeted: A facility producing metallic uranium Infrastructure for converting enriched uranium Key laboratories and testing facilities The IDF claimed these strikes mark the 'next stage' in dismantling Iran's nuclear ambitions. In a significant blow to Iran's military leadership, Revolutionary Guard chief Hossein Salami and other senior commanders were reportedly killed. Iran also reported the deaths of six nuclear scientists and alleged civilian casualties, including children—although these reports have not been independently verified. Just hours after the strikes, Iran launched missiles towards Israel, prompting the Israeli military to activate nationwide defense systems. The Israeli public has been advised to enter shelters until further notice, as authorities brace for potential drone and rocket attacks from Iran and its proxies. This marks a dangerous new phase in the Middle East crisis, as U.S. President Donald Trump urged Iran to 'make a deal' over its nuclear program or face 'even more brutal' consequences. Iran has accused the U.S. of backing the Israeli assault—an allegation the White House denies. Israel has also declared a state of emergency, anticipating further retaliation from Tehran in the coming hours. The situation remains volatile, with global leaders calling for urgent de-escalation. Ahmedabad Plane Crash Aditya Bhagchandani serves as the Senior Editor and Writer at Business Upturn, where he leads coverage across the Business, Finance, Corporate, and Stock Market segments. With a keen eye for detail and a commitment to journalistic integrity, he not only contributes insightful articles but also oversees editorial direction for the reporting team.
