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Leading Executive Search firms in India

The strength of most of the firms lies in said to be the management. They are often called the brain and soul of an organization. It becomes very important for an organization to have people in the management team who are capable of taking the organization to a new height. Searching for a CXO is…

Yahoo Inc. reorganizes its board, Chairman to step down ..

This news seems to be a part of an on going shake up of Yahoo Inc. that started with the resignation of the Yahoo co-founder Jerry Yang last month, and the appointment of the former eBay executive Scott Thompson as the CEO. Yahoo Inc., Chairman Roy Bostock and three other directors are expected step down…

Pfizer India to sell its animal health division.

Pfizer Ltd. (Indian operations of Pfizer Inc.) board has approved the sale of its animal health division to a wholly owned unit for about Rs. 440 Cr. ($90 million). The move is seen to be a part of the U.S. parent’s aim of reorganizing its operations in a manner that will give it the most…

Cognizant to enhance presence in Kochi

Cognizant to augment its campus in Kochi: Cognizant, is expanding its operations in Kerala by leasing 15 acres of land at the Kochi Infopark campus. When fully completed, Cognizant’s new campus in Infopark Phase II will have the capacity to accommodate around 12,000 professionals. The first phase is being built at a cost of approximately…

Areva T&D India changes its name to Alstom T&D India

Effective 31st Jan 2012, Areva T&D India Ltd. has changed its name to Alstom T&D India Ltd. This comes post acquisition of Areva’s transmission business by Alstom in June 2010. Areva T&D’s global business was acquired by a consortium of Alstom  and Schneider Electric in June 2010. On 24th December 1011 board meeting the board…

Former Goldman Asia Chief Alireza is the new CEO for Noble Group

Noble Group Ltd. named Yusuf Alireza, formerly co-president of Goldman Sachs Group Inc.’s Asia- excluding-Japan unit, as chief executive officer to lead Asia’s biggest commodity supplier. Mr. Yusuf Alireza will be appointed as Chief Executive Officer and a member of the Board of the Company with effect from 16 April, 2012. Richard Elman will step…

Dhanlaxmi Bank MD & CEO Amitabh Chaturvedi quits

Dhanlaxmi Bank managing director and chief executive Amitabh Chaturvedi, who has been credited for turning around the bank since he took over in 2008, has quit. PG Jayakumar, currently the executive director of the bank, has been given the charge of MD and CEO. As per reports – a formal decision on the resignation is…

Falguni Nayar quits Kotak Investment Banking

Falguni Nayar of Kotak Investment Banking (Kotak Mahindra Capital Company Ltd ) decided to move out as the managing director of the company to pursue entrepreneurial venture. Subsequent to her exit – Ms Shanti Ekambaram who is the President of Wholesale Banking and director on the board of KMCC,  will additionally take on the responsibility…

Viom Networks Chairman Subodh Bhargava Quits

It is reported that Mr. Subodh Bhargava, has quit as Chairman for Viom Networks. Viom Network, is an independent telecom infrastructure company  with pan India presence. The company is a joint venture between Tata Teleservices and Quippo, a Srei Group Enterprise / Kanoria’s. In 2009, Quippo Telecom Infrastructure Limited (QTIL) announced its partnership with Tata…

Port Indigo launches Indian subsidiary..

Port Indigo, Inc., a US-based leading mobile solutions company, has hired Kall Ramanathan as the Country Head for its India subsidiary. Kall Ramanathan has over 25 years of experience in IT services, ISP, Media and Telecom industries. As Country Head of India Operations, Kall’s primary focus will be to create and establish a strong brand…

Procter & Gamble plans to lay off 1600

Procter & Gamble Co plans to eliminate about 1,600 non- manufacturing jobs — including some in marketing — banking on digital marketing to help contain long-term media spending. The plan was announced by executives at the company’s earnings conference at Houston. Procter & Gamble is one of the world’s largest marketer, with an annual ad…