Honda Motorcycle and Scooter India (HMSI), will be setting up its fourth plant in Karnataka. It is learnt from sources that Honda has received the necessary approvals to set up its manufacturing facility at Narsapur in Kolar District, near Bangalore. HMSI, has its plants in Manesar (Gurgaon, Haryana) & Tapukara (Alwar, Rajsthan). Its third plant…
As per a company release – Sanjiv Ahuja steps down as CEO of Lightsquared. The CEO step down and is seen as coming in wake of some regulatory issues that could impact the wireless venture’s plan to roll out its new fourth-generation network in the US. LightSquared’s is aiming at creating the first-ever, wholesale-only nationwide…
Panasonic Corp, is appointing its senior executive Kazuhiro Tsuga as the President of the company. Kazuhiro, would be replacing incumbent President – Fumio Ohtsubo, who is expected to step down following forecast of huge losses to the tune of up to $ 9 Billion. Tsuga, 55, has been at the company for more than three…
NourishCo Beverages Ltd. , a joint venture between PepsiCo & Tata Global Beverages has appointed Pratik Pota, as the chief executive officer of the company with immediate effect. Pratik takes over from incumbent Punita Lal. In his earlier role, Pratik had been heading the South Business Unit for PepsiCo, from May 2008. Pratik, is a…
NetApp has appointed Anil Valluri as President – NetApp India Marketing & Services Private Limited. In this role Anil will oversee NetApp sales, marketing and services operations in India and SAARC region. Anil , is an accomplished IT leader with over 25 years of Industry experience, Anil joins NetApp from Artiman Ventures, a USD 750M…
Mr. Rahul Bhatia, Group Managing Director, InterGlobe Enterprises, the country’s foremost travel conglomerate, has been named as the Ernst & Young Entrepreneur of The Year 2011. Seven other successful entrepreneurs received these coveted awards across various categories at a magnificent celebratory banquet attended by over 400 of the country’s foremost business leaders here today (23…
Growth in a job, ability to switch jobs across industries and career growth across product segments etc. are all dependent mostly on “you” the individual and your capabilities, However, your choice of a job, serves as a step towards your future, and if you don’t plan well, you may find it difficult to change course…
Google, would be replacing the present CEO of Motorola Mobility – Sanjay Jha. Sanjay had joined Motorola Mobility in 2008, and is credited to have been “a driving force behind the turnaround of the Mobile Devices business and its subsequent combination with the Home business”. The turnaround enabled Motorola to spin off Motorola Mobility on…
Working in a start-up can be a great way to start your career, as well as to take on lots of learning’s in a small span of time. As on date, every day you have a number of start-ups springing up specially in the areas of technology, mobile media, e-commerce, internet, digital media etc. A…
Honda Motor Co, has recalled the India CEO – Takashi Nagai and and the Marketing Head – Seki Inaba, of HSCI – Honda SIEL Cars India. Honda has ben struggling in recent past, and the sales of its largest selling City sedan has been falling, giving away the market to Hyundai ,Volkswagen and others. The…
Achal Agarwal, has been promoted as President – Asia Pacific Region for Kimberly-Clark. The promotion comes along with plans for business restructuring at Kimberly Clark, which leads to the integration of the company’s North and South Asia regions into a single Asia Pacific model. Achal’s new role is effective March 2012. Achal would be leading…
Anuranjita Kumar, has been elevated as India HR Head for Citigroup. She would be replacing Stephen Cronin, who would move to a global role. A statement from Citi India Chief Executive Pramit Jhaveri on the appointment – “With over 17 years of experience at Citigroup, Kumar has a proven track record as a highly effective…
Seems that its going great for business executives in India, specially for those who have hit the CxO, CEO levels. The average compensation of a CEO in India has crossed the Rs. 2 crore mark on a CTC basis. This is as per Hay Group top executive compensation report 2011 – 2012. For more complex…
Etisalat, may be next in line on exit path post the cancellation of 2G licenses. This reports comes immediately after the announcement by S-Tel , to shut its operations. Earlier Batelco, had pulled the plug on S-Tel, and decided to sell out its stake in the company to the Indian promoters. Etisalat, had entered the…
Johnson & Johnson – Chairman of the Board and Chief Executive Officer, William C. Weldon (Bill Weldon) will step down as the CEO. It is reported that Alex Gorsky, Vice Chairman of Johnson & Johnson’s Executive Committee and head of pharmaceuticals for Europe, Middle East and Africa would take over in Weldon’s place as CEO.…