Latest news with #Basak
Business Wire
6 days ago
- Business
- Business Wire
Sonali Basak Joins iCapital ® as Chief Investment Strategist
NEW YORK--(BUSINESS WIRE)-- iCapital 1, the global fintech company shaping the future of investing, today announced the appointment of Sonali Basak, former lead Wall Street correspondent for Bloomberg Television, as Chief Investment Strategist. In this role, Ms. Basak will help develop and deliver the firm's strategic thought leadership across public and private markets, provide actionable insights, and strengthen iCapital's position as a trusted industry voice. "As public and private markets continue to converge and advisors scale to meet increasing investor demands, Sonali will be instrumental in shaping iCapital's market perspective and driving meaningful impact across the ecosystem." Share 'The wealth industry is undergoing a significant transformation, and individual investors should have increased access to the same private market opportunities that have driven institutional returns for decades,' said Ms. Basak. 'iCapital aims to be the central authority linking the wealth community with the top asset managers across the world. I'm thrilled to bring my expertise to engage with financial advisors, investors, and asset managers every day. My role will be to deliver data-driven and actionable insights to iCapital's clients and partners across both public and private markets.' As Chief Investment Strategist, Ms. Basak will lead and articulate iCapital's investment outlook, thoughtful data-driven content, and support client decision-making working closely with them as they implement their strategies. 'We're very excited to welcome Sonali to iCapital,' said Lawrence Calcano, Chairman and CEO of iCapital. 'She is an exceptional thought leader who brings a journalist's curiosity, a strategist's insight, and a communicator's instinct – all of which will help us deepen our dialogue with clients and partners across the industry. As public and private markets continue to converge and advisors scale to meet increasing investor demands, Sonali will be instrumental in shaping iCapital's market perspective and driving meaningful impact across the ecosystem. She is the ideal person to lead this important work and represent iCapital's voice in the global investment conversation.' Ms. Basak most recently served as Bloomberg Television's lead global finance correspondent and anchor, where she covered the financial institutions shaping markets worldwide – from global banks and asset managers to private equity giants and hedge funds. She anchored Open Interest, Bloomberg TV's flagship morning program focused on C-suite perspectives across industries, and hosted Bloomberg Invest, the firm's premier annual financial conference. Her newsletter, Wall Street, By Basak., is widely regarded for its sharp, insider commentary on market trends, Wall Street firms, and shifts across the financial industry. Her reporting frequently appeared in Businessweek and Markets Magazine, where she conducted recurring Q&As with leading financial executives. Most recently, she created and hosted the original docuseries Bullish, which profiled influential voices in finance and demystified opaque corners of capital markets. Known for securing rare interviews with top Wall Street CEOs and breaking news on market-moving deals, Ms. Basak has earned a reputation as one of the most trusted and insightful voices in financial journalism over the past decade. She holds a bachelor's degree from Bucknell University, a Master of Science in Journalism from Northwestern University's Medill School, and an MBA in Quantitative and Corporate Finance from NYU's Stern School of Business. Ms. Basak will be based in iCapital's New York City office. About iCapital iCapital is a global leader, shaping the future of global investing for financial advisors, wealth managers, asset managers, and other industry participants. iCapital offers a diverse and complete range of non-traditional investment products on iCapital Marketplace, Enterprise Solutions, and Data Intelligence, designed to help drive better outcomes 2 for all participants in the ecosystem. With strategic investment from leading alternative asset managers, wealth managers, and service providers globally, iCapital provides unrivaled access, data connectivity, education, and research programs to advisors and their clients. Leveraging AI and machine learning for digital identity (KYC/AML), iCapital supports compliant and secure investment lifecycle processes. iCapital's end-to-end platform manages the lifecycle of non-traditional investment products, making it easier to learn about, buy, manage, and integrate alternative assets, structured investments, and annuities into portfolios, driving growth, scale, and efficiency. Our solution(s) can be customized and offers specific modules as needed. iCapital has $945 3 billion of assets serviced globally on its platform, including $257 billion in alternative platform assets, $203 billion in structured investments and annuities outstanding, and $485 billion in client assets reported on, and serving over 3,000 wealth management firms and 114,000 active financial professionals. Headquartered in New York, iCapital operates globally with 16 offices, including major hubs in Zurich, London, Hong Kong, Singapore, Tokyo, and Toronto, and an industry-leading R&D center in Lisbon. iCapital is recognized for its innovation and leadership, with accolades from Euromoney (World's Best Technology Provider for Wealth Management), CNBC (World Top Fintech Companies), and Forbes Fintech 50. 1 iCapital, Inc. and its affiliates (together, 'iCapital') 2 iCapital delivers better outcomes by streamlining financial operations, enhancing technology infrastructure, and empowering smarter decision-making through reporting and analytics. 3
Time of India
23-06-2025
- Time of India
Scribe drags molester out of bus, hands him over to police
Kolkata: A woman journalist returning home from work in a private bus was allegedly slapped, abused, molested and had her dress torn by a 55-year-old co-passenger. The accused, Sanjay Basak, of Narayanpur in Bengal's South 24 Parganas, was seated on a seat reserved for women, next to the complainant, Friday night. According to her complaint, the accused started touching her inappropriately. "I asked him to sit properly multiple times but he was abusive... I shouted at him, raising an alarm," she told TOI. Startled, the man stood up. "He picked up my bag and threw it at me. As I raised my voice, he slapped me and began tugging at my clothes, which tore." The woman, with the help of some co-passengers, dragged the man out and handed him over to police. "We registered a case under BNS sections dealing with molestation, voluntarily causing grievous hurt, criminal intimidation, wrongful restraint, & mischief. The woman will depose her confidential statement before the magistrate Monday," police said. Basak was granted bail with condition of timely appearance before the magistrate.
Time of India
22-06-2025
- Time of India
Journo drags molester out of bus, hands him over to cops
Kolkata: A woman journalist returning home from work was allegedly slapped, abused, molested, and had her dress torn by a 55-year-old co-passenger in a bus. The accused, Sanjay Basak, a resident of Narayanpur, was seated on a seat reserved for women, next to the complainant, in a private bus on Friday night. According to the complaint filed by the woman, the accused started touching her inappropriately after he occupied the seat near Ultadanga. "I asked him several times to sit properly, but he was abusive and questioned my morality since I was returning so late at night and advised me to take a cab instead. Initially, I tried to adjust, but after some point, the discomfort was too much, and I shouted at him, raising an alarm," the woman told TOI. Startled by the woman's cries, the man stood up, to which the woman kept the bag she was holding on the seat to create a barrier. "The man picked up the bag and threw it at me. As I got startled and raised my voice, he slapped me and began tugging at my clothes, which eventually got torn," she said. The woman, however, didn't get intimidated and dialled the local police station to narrate her ordeal. The cops were quick to act and asked her to get down at Baguiati crossing while promising to send a team of officers at the earliest. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like What She Did Mid-Air Left Passengers Speechless medalmerit Learn More The woman, with the help of some co-passengers, dragged the man out of the bus. Cops soon arrived, noted her complaint, and took the accused to Baguiati police station. "We have registered a case under BNS sections dealing with molestation, voluntarily causing grievous hurt, criminal intimidation, wrongful restraint, and mischief and arrested the person from the spot. The woman, who underwent a medical examination, will depose her confidential statement before the magistrate on Monday," said a Bidhannagar City Police officer. Basak was produced before a Barasat court, which granted him bail with conditions of timely appearance before the magistrate and not leaving the city without investigating officer's nod.
Time of India
11-06-2025
- Business
- Time of India
Tata Power-DDL appoints Dwijadas Basak as CEO effective June 9
New Delhi: Tata Power Delhi Distribution Limited ( Tata Power-DDL ), which supplies electricity to around 9 million people in North Delhi, on Monday announced the appointment of Dwijadas Basak as the company's new Chief Executive Officer with effect from June 9, 2025. Prior to this, Basak was serving as the Chief Executive Officer of TP Northern Odisha Distribution Limited (TPNODL) and Chief of the Odisha Distribution Business. He has also served as the Chief Operating Officer at TP Central Odisha Distribution Ltd (TPCODL). Prior to this, Basak was serving as the Chief Executive Officer of TP Northern Odisha Distribution Limited (TPNODL) and Chief of the Odisha Distribution Business. He has also served as the Chief Operating Officer at TP Central Odisha Distribution Ltd (TPCODL). Dr Praveer Sinha, CEO & MD of Tata Power Company Limited, said, 'I welcome Dwijadas Basak as the new CEO of Tata Power-DDL. He brings with him deep domain expertise and a stellar track record in the power distribution sector. I am confident he will lead Tata Power-DDL into its next phase of transformative growth—driving innovation, boosting operational excellence, and elevating customer centricity to new heights.' Basak has over three decades of experience in power distribution management. He previously served at Tata Power-DDL as Chief of Customer Experience, Commercial, Government Affairs, Communication, and Social Impact Group. From 1991 to 2002, he worked in the power distribution sector in India and Brazil. He joined the Tata Power Group in 2003 and has been associated with several transformation initiatives in the power distribution segment. On his new role, Basak said, 'I am honoured to take on the role of CEO at Tata Power-DDL, an organisation that stands as a benchmark in the power distribution domain. Being a proud recipient of the prestigious Deming Prize, the Company reflects excellence in quality management. I look forward to building on its strong foundation and leading the company into its next phase of growth with the support of our highly talented and committed team. I am confident we will continue to deliver industry-best services to approx. 2 million customers and set new performance benchmarks in the sector.' Basak has completed the Advanced Management Program (SLDP) in 2022–2023 from IIM Ahmedabad and holds alumni status of the institute. He has also pursued an Advanced Leadership Course from IIM Bangalore and completed a General Management Certification Program conducted by the Stephen M. Ross School of Business, University of Michigan, and Tata Management Training Centre (TMTC). Tata Power-DDL is a joint venture between Tata Power and the Government of NCT of Delhi.
