Fleishman-Hillard International Communications has appointed Rahul Mehta as Senior Vice President and General Manager in New Delhi. Rahul brings along him with over 14 years of agency and corporate experience to the position. He would also be a part of Fleishman-Hillard’s India management team.
Economic Slowdown Likely in Early 2013, Followed by Better Growth – Bloomberg BNA
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According to Bloomberg BNA’s annual Economic Outlook released today, major shifts in federal fiscal policy will bring about continued uncertainty and a temporary slowdown in U.S. economic growth in the first half of 2013. However a strengthening private sector is expected to boost growth in the second half of the year.
Nueclear Healthcare Limited gets Rs. 22 Crores From Norwest Venture Partners (NVP)
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Nueclear Healthcare Ltd (NHL), a radiology diagnostics company has entered into a binding agreement to receive INR 22 crores from Norwest Venture Partners (NVP). NHL is an affiliate of Thyrocare Technologies Limited, which had in 2012 divested a 10 % promoted stake to NVP for Rs. 120 crore ( approx $22 million). NHL, is aiming…
Krispy Kreme kicks off Indian operations with first outlet in Bangalore
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Krispy Kreme doughnut has opened its first outlet in Bangalore. The Indian operations of the company is through a franchise agreement with Citymax Hotels India Pvt. Ltd., a division of of Dubai-based retailer Landmark group. Earlier in 2012, Krispy Kreme had entered into an agreement with Citymax Hotels Pvt Ltd. (Landmark Group) for the development…
Kellogg India appoints Harpreet Singh Tibb as Marketing Director–India & South Asia
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Kellogg India, has appointed Harpreet Singh Tibb as Marketing Director for India & South Asia. Harpreet is a Hindustan Unilever Limited(HUL) veteran and had been with the company since 1998. His last role with HUL was as General Manager heading the Packaged Foods division, prior to which he was the Regional Beverages Director for…
IKEA gets approval from FIPB on $ 2 Billion investment proposal for India
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IKEA has taken another key step towards establishing itself in India. Foreign Investment Promotion Board (FIPB) has, approved the company’s investment proposal to establish single-brand retail stores in India. FIPB has forwarded the proposal to the Cabinet Committee on Economic Affairs (CCEA) for consideration and final approval. IKEA, is the leading Swedish furniture maker,…
Mahindra Group gets a new visual identity
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Adidas group appoints Erick Haskell as MD for India
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Anant Gupta to take over as CEO for HCL Technologies
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HCL Technologies, has formally announced the appointment of Anant Gupta as the company’s new CEO and President. He would be taking over the CEO’s role from Vineet Nayar, who would continue in the role of Vice Chairman. Earlier, in July 2012, Anant had been appointed as President & COO. A brief profile of Anant…
India Inc. Displays Optimism on Campus, Strong on Hiring and Salary Levels: Aon Hewitt
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The findings of Aon Hewitt Campus Study 2013 gives an indication of stable hiring outlook. It seems that that the economic slowdown has not deterred employers from actively pursuing candidates through on-campus recruiting programs. The study covered compensation and hiring trends across different tiers of Management and Engineering campuses received participation from over 170 organisations.…
BNP Paribas Wealth Management reinforces its investment strategy, appoints Florent Bronès as CIO
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BNP Paribas Wealth Management is strengthening its investment strategy resources in order to meet the growing demand from its Private Banking clientele for market intelligence. Given the rapid and complex developments taking place in the financial marketplace, the ability to communicate a clear view of the markets is key for BNP Paribas Wealth Management to…
BNP Paribas appoints Jwalant Nanavati as new co-head of the groups corporate finance business in India.
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BNP Paribas, the French Global Banking Group has appointed Jwalant Nanavati as the new Co-head of its corporate finance business in India. BNP Paribas offers capital markets, corporate finance and mergers and acquisitions related advisory services in India. Nanavati, moved to his new role last month, and is reporting to Ganeshan Murigaiyan, Head of Investment…
Bharti Airtel’s CEO Sanjay Kapoor to quit.
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McCain to invest Rs. 350 Cr. in its Mehsana plant to cater to increased demands. To increase manpower by 50 %.
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The Canadian frozen food maker McCain famous for its frozen ready to fry smiley’s and aloo-tikki plans to invest 350 Cr in its Gujarat Unit. The investment would be directed towards increasing the production capacity, and would also lead to increase in employed manpower by about 50 %. The company is facing increase in demand…