Air conditioning giant Blue Star Ltd said its Vice Chairman Suneel M Advani will be elevated as the Chairman of the company from 1st December. The current Chairman Ashok M Advani who will turn 75 on November 17 will retire after 47 years of service and will be re-designated as Chairman Emeritus. Suneel M Advani […]
Reliance Communications said its CEO Vinod Sawhny resigned with immediate effect for personal reasons. “We wish to inform you that the Company has accepted request of Mr. Vinod Sawhny to step down as Chief Executive Officer of the Company with effect from September 30, 2016 to enable him and his family to relocate to New […]
Jet Airways promoted Jayaraj Shanmugam as its Chief Commercial Officer. Since joining Jet Airways’ in mid-2015 and as Sr. Vice President of Products & Services, Shanmugam has been instrumental in sharpening the organization’s focus towards delivering superior guest engagement experience together with a host of outstanding, innovative initiatives, the airline said. He will be based […]
Reliance Capital, the financial services arm of Reliance Anil ambani Group today appointed Jai Anmol Ambani, elder son of Anil Ambani to the companyś board and said he will be appointed as full time Executive Director at the companyś annual general meeting. Jai had first joined Reliance Capital in July 2014. Jai Anmol Ambani, born […]
Bank of Baroda appointed Ashok Kumar Garg as their new Executive Director on tuesday. He was General Manager at the bank. He has experience of 37 years in various banking fields in India as well as overseas, the company said. Garg is a Master of Commerce degree with additional qualification of L.L.B. and CA IIB. […]
Jet Airways’ Chief Financial Officer, Amit Agarwal is taking on the responsibility as Acting Chief Executive Officer effective March 1, 2016, the company said. He will function as Acting Chief Executive Officer in addition to his responsibilities as CFO of the Company, till the appointment of a new CEO. The company’s last CEO, Cramer Ball, […]
Infosys said one of its board members has resigned for personal reasons. Carol M. Browner was an independent director of the company. She has served as director of the White House Office of Energy and Climate Change Policy in the Obama administration from 2009 to 2011. She is a Distinguished Senior Fellow at the Center […]
OPPO, a China-based smartphone brand, has changed its India CEO, and said it has sold around 400,000 phones in India since its entry last year. It also said it is targeting to sell 1.5 million units in 2015. The company has been among the most aggressive in terms of expenditure on promotions, hoardings and so […]
The Coca-Cola Company today announced James Quincey as President and Chief Operating Officer (COO). Ahmet Bozer, Executive Vice President and President of Coca-Cola International is going to Retire after Distinguished 25-Year Career. As President and COO, Quincey will have responsibility for all of the Company’s operating units worldwide. He will report directly to Chairman and […]
Housing.com, which recently fired its founder and CEO Rahul Yadav, said it had appointed Jason Kothari as its Chief Business Officer and member of the Operating Committee to drive its overall strategy and growth in India. Jason, together with iCEO & COO Rishabh Gupta, will be reporting to the Operating Committee and the Board, the […]
The Catholic Syrian Bank Limited, a private bank based in Kerala readying for its IPO, has appointed Anand Krishnamurthy as the Managing Director and Chief Executive Officer. Krishnamurthy holds a bachelor’s degree in technology (mechanical engineering) from the Indian Institute of Technology, Madras and a post graduate diploma in management from the Indian Institute of […]
Telecom provider Bharti Airtel said that Manish Khera, Co-founder & MD of YTS Solutions will be appointed as CEO of Airtel M Commerce Services Limited (AMSL), which offers Airtel’s flagship semi-closed wallet under the brand name ‘Airtel Money’. YTS Solutions provides solutions of financial inclusion, micro banking and branchless banking. Once appointed, Manish will be […]
Myntra, part of Flipkart, appointed Ambarish Kenghe as Senior Vice President and Head of Product. Ambarish will start working at Myntra’s Bengaluru headquarters by the end of this month and will report to CEO, Mukesh Bansal to scale up Myntra’s product road map. His task at the app-based retailer will include “leveraging the mobile smartphone […]
Bharti Enterprises — parent of Bharti Airtel, appointed PespsiCo veteran Rahul Bhatnagar as Managing Director & Chief Financial Officer, and said Manoj Kohli will step down. Bhatnagar will report to Sunil Bharti Mittal, Chairman, Bharti Enterprises. Rahul takes over from Manoj Kohli, who has assumed the role of Executive Chairman, SBG Cleantech – a JV […]
Nilesh Shivji Vikamsey has been appointed as Part-Time Chairman of Federal Bank and the appointment has been approved by the Reserve Bank of India, the bank said. CA. Vikamsey, who will assume office on 20th June 2015, succeeds Prof. Abraham Koshy, who retired from the Board of Federal Bank on 17th May 2015 on successful […]
MTNL’s chairman and managing director PK Purwar has resigned, the company said. MTNL gave no reason for the development, but only said that Purwar had “relinquished the charge of CMD.” NK Yadav has been appointed in his stead as the new MTNL head, it said. Purwar, a long-serving director of finance at MTNL, was appointed […]
Tata Motors said it had appointed Mayank Pareek as President, Passenger Vehicle Business Unit (PVBU). He will join the company on 1st October, 2014 and will take over from Mr. Ranjit Yadav, who will now head the International Business for Passenger & Commercial vehicles. Tata Motors has seen its presence in the car market erode […]
Hindustan Unilever Limited, India’s biggest FMCG company, said it has changed its sales and customer development head. It said it has appointed Punit Misra, currently Vice President for Route To Market (RTM) for Distributive Trade/Traditional Trade and Cash & Carry, as Executive Director and Vice President, Sales and Customer Development. Misra will be part of […]
Hexaware Technologies, a provider of IT, BPO and Consulting services, has changed its CEO after failing repeatedly to meet shareholder expectations. The company, which has seen poor performance over the last year despite an improving demand climate in the US, has replaced its CEO of six years, P R Chandrasekar with R Srikrishna, who was […]
Infosys Ltd said it has not made up its mind about its next CEO, and media speculation about the next leader being from outside the company was just that. “The company’s search for its new Chief Executive Officer and Managing Director continues and no decision has been taken in this regard as of date. Any […]
