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Press Trust of India

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Press Trust of India

India's largest news agency, Press Trust of India is a non-profit sharing cooperative owned by the country's newspapers. PTI's subscribers include newspapers, television channels, the state-run All India Radio and Doordarshan, the national broadcaster, government organisations, websites and several media and non-media organisations. With a staff of 1300 including 400 journalists, PTI has over 70 bureaus across the country and corresondents in major cities in the world.

Besides its flagship English News Service, PTI also has PTI Photo Service and news service in Hindi, India's national language.

Press Releases are distributed to PTI subscribers through PTI wires that reach subscribers through satellite, the Internet and in some case e-mail.

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New Delhi: Managing Director & CEO Hyundai Motor India Limited, B.S. Seo at the launch of the new 'Xcent' sedan in New Delhi. PTI Photo by Atul Yadav

New Delhi: Managing Director & CEO Hyundai Motor India Limited, B.S. Seo at the launch of the new 'Xcent' sedan in New Delhi. PTI Photo by Atul Yadav

Mangalore University graduate Rajeev Suri may head Nokia
New Delhi, Mar 14 (PTI) After Satya Nadella, it may now
be the turn of another Mangalore University graduate to head a
Fortune 500 company.
Rajeev Suri, who currently heads Nokia's telecom
equipment business, is tipped to become the global chief
executive officer of Nokia Corporation.
An announcement elevating Suri may be made by March-end
or April, when software giant Microsoft concludes the
acquisition of Nokia's handset business, Finnish media reports
suggest. After the acquisition, Nokia will be left with the
telecom equipment, location-based services and advanced
technologies business.
Nokia said its longstanding policy is not to comment on
media speculation.
Suri is also an engineering graduate from Mangalore
University like Nadella, who took over last month as US-based
Microsoft's third CEO after Bill Gates and Steve Ballmer.
If chosen, Suri will join an elite club of Indians
heading global firms, which includes PepsiCo Chairman Indra
Nooyi, Reckitt Benckiser Chief Executive Rakesh Kapoor, Ajay
Banga, President and Chief Executive of MasterCard, and Anshu
Jain of Deutsche Bank.
Suri, who has headed Nokia Solutions and Networks (NSN)
since October 2009, has been credited for "presiding over
consistently improving results leading to the successful
turnaround and restructuring of the company."
According to his official profile, Suri has a Bachelor of
Engineering degree in Electronics and Telecommunications from
Mangalore University. He is based in Espoo, Finland.
With more than 23 years of international experience, Suri
has worked in strategy and mergers & acquisitions, product
marketing, sales, major account leadership, regional and
business unit leadership and has lived in the Middle East,
Asia, Africa and Europe.
Suri joined Nokia in 1995 and headed the Asia Pacific
region for NSN in 2007.
In July last year, Nokia agreed to buy German engineering
giant Siemens' 50 per cent stake in their mobile broadband
joint venture NSN for 1.7 billion euros (USD 2.2 billion)
after which the firm was renamed Nokia Solutions and Networks.