MindTree Limited, a global IT and Product Engineering Services Company, has appointed Ravi Shankar as Executive Vice President & Chief People Officer and Greg Blount as Senior Vice President & Head of US Strategic Accounts. “Addition of the leaders of the stature of Ravi and Greg is significant for MindTree in its journey to become…
First Solar appoints Sujoy Ghosh as the Country Head for India
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First Solar, has appointed Sujoy Ghosh as its country head to lead and manage the Indian operations as well as business development in India. First Solar is a US based company and one of world’s premier provider of fully integrated solar solutions, creating value-driven renewable energy projects that represent the leading edge of utility-scale solar…
InMobi leadership appointments – Sandeep Deshpande and Vishal Nongbet
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InMobi the largest independent mobile ad network has appointed Sandeep Deshpande as its country General Manager, India. Sandeep has over two decades of experience in working with and supporting the growth of new businesses in Internet, Gaming, Telecom space. He has previously been associated with Yahoo, Alibaba, Rediff , Birla AT & AT. He has…
K Subramanya resigns as CEO of Tata BP Solar
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Ramesh Ramanathan, Co-founder-Janaagraha Joins MindTree Board
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MindTree Limited, has appointed Ramesh Ramanathan as an Independent Director to its Board of Directors with effect from May 2, 2012. Ramesh is a co-founder of Janaagraha Centre for Citizenship and Democracy, a non-profit organization focused on transforming quality of life in Urban India, Chairman of Janalakshmi Social Services and is also the National Technical…
Sher Singh expands its Leadership Team
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Sher Singh (http://www.shersingh.com/) has announced the appointment of Mr. Shyam Sukhramani as its Chief Merchandising and Marketing Officer. Shyam has over 17 years of rich experience in the retail and fashion industry and, most recently ran the Global Fashion Jeans business for Levi Strauss & Co based out of its headquarters in San Francisco. Shyam…
BMW Financial Services steps up Investment in India
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The BMW Group has increased its investment in BMW Financial Services India to 5.3 billion Indian Rupees (US $ 106 million) in 2012 from 2.3 billion Indian Rupees (US $ 50 million) in 2010. Mr. Dan DeChristopher, Managing Director and Chief Executive Officer, BMW Financial Services India said, “In less than two years, BMW Financial…
Future Group Demerges Pantaloons Retail Format from Flagship Company Aditya Birla NUVO to Invest in Pantaloons Format
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Mumbai, April 30, 2012: Future Group today announced the intent to execute a full demerger of Pantaloons retail format from Pantaloon Retail India Limited [PRIL]. On completion of the demerger process, subject to necessary and statutory approvals, the demerged entity will be automatically listed in the National Stock Exchange and The Stock Exchange, Bombay. The…
AstraZeneca CEO David Brennan Quits
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AstraZeneca has been facing a slump in sales following the loss of patent cover on antipsychotic Seroquel last month. Some of its best selling drugs – Nexium and Crestor would be loosing their patent protection in 2014 and 2016 respectively. While the company’s profits have fallen by 19 % in the first quarter the company…
iYogi is Recruiting 1,000 Tech Support Engineers to Launch On-site Tech Support Services in the United States
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Gurgaon, Haryana, India, Tuesday, April 24, 2012: iYogi, the leading independent provider of on-demand remote tech support services, today announced the launch of Business NonStop, a platform to recruit and deploy local on-site tech support engineers with skills across a broad range of technologies including computers, networks, consumer electronics and security products. With the launch…
Religare Health Insurance plans investment and aggressive hiring
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HCL Technologies Announces Appointment of Prithvi Shergill as the Global Head of HR
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Noida, India, April 19th, 2012: HCL Technologies Ltd. today announced that Prithvi Shergill has joined the company as Corporate Vice President and Global HR Head. He will be based in Bangalore, India. "I am pleased to welcome Prithvi to lead our HR organization as we move to the next stage of the Employees First transformation…
@WalmartLabs Expands India Operations
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BANGALORE, India, April. 17, 2012 – Wal-Mart Stores, Inc. (NYSE: WMT) today announced that @WalmartLabs operation is expanding in Bangalore with the hiring of 100 additional developers and a move into a new facility. @WalmartLabs, a unit of Walmart Global e-Commerce, is the company’s hub for creating platforms and products around social and mobile commerce.…
Wipro Appoints Suchira Iyer as Chief Marketing Officer, IT Business
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Tuesday, April 17, 2012: Wipro Technologies, the Global Information Technology, Consulting and Outsourcing business of Wipro Limited (NYSE: WIT) today announced the appointment of Suchira Iyer as its Chief Marketing Officer, IT Business. Suchira will report to TK Kurien, CEO, IT Business and Executive Director, Wipro Ltd. Rajan Kohli, after a two-year stint as the…
BASF to invest in new chemical production site in Dahej, India
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Mumbai, India – April 11, 2012 – BASF India Limited will invest €150 million to set up a new chemical production site at the Dahej Petroleum, Chemicals and Petrochemicals Investment Region (PCPIR), located on the west coast of India in Gujarat. The new site will be an integrated hub for polyurethane manufacturing and will also…