Virtusa appoints Samir Dhir as president

New Delhi, Aug 30 () IT firm Virtusa Corporation today said it has appointed Samir Dhir as its president.
Dhir will take charge of running all industry verticals for the organisation, Virtusa said in a statement.
"He has been a part of our growth journey for the last several years and has contributed in building scale and helping us reach where we are today," Virtusa Chairman and CEO Kris Canekeratne said.
In his new role, he will handle P&L responsibility for all industry groups, including sales, delivery and operations, he added.
In his earlier role, Dhir spearheaded delivery leadership for Virtusa from India.
******** Coverfox.com ropes in Practo exec Premanshu Singh as CEO *
Coverfox.com, an online insurance marketplace, today said it has appointed Premanshu Singh as its Chief Executive Officer (CEO).
An active angel investor, Coverfox was one of Singh's early investments.
Premanshu's appointment is part a of planned leadership transition, as he succeeds Varun Dua, who has moved on to set-up a new online general insurance company, Coverfox.com said in a statement.
Singh will spearhead and lead the strategic growth at Coverfox across critical business areas, including strategic business planning and development, partner management and customer engagement.
He has worked with companies like Johnson & Johnson, SMSGupShup, People Interactive, Shaadi.com, Webaroo Technologies and ITC Ltd.
******** Ricoh India to raise up to Rs 1,000 cr *
Ricoh India today said it plans to raise up to Rs 1,000 crore through various instruments.
The Board has approved issuance of appropriate financial instruments for an amount of up to Rs 1,000 crore, subject to approval of shareholders, Ricoh said in a BSE filing.
It, however, did not disclose any other details.
Besides, the Board has also approved re-appointment of UP Mathur, RK Pandey and Ashish Garg as independent directors for a second term. SR SBT