Hero MotoCorp Ltd., has picked up a 49.2 % stake in Erik Buell Racing LLC (EBR ), a maker of high end motor cycles. Hero, has picked up stake in the company for a consideration of $ 25 million, and the remaining stake is held by Erick Buell, the founder & CEO of the company.…
Category: News
Ernst & Young to adopt EY as its global brand name, unveils a new logo.
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Ernst & Young has moved from – “Quality In Everything We Do” to “ Building a better working world.”. As the global professional services organization announced the appointment of Mark Weinberger has become Global Chairman and CEO, the group also announced the adoption of EY as its global brand name, unveiled a new logo…
EY appoints Mark Weinberger as Global Chairman and CEO
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EY has announced that Mark Weinberger has become Global Chairman and CEO. The professional services organization also announced the adoption of EY as its global brand name, unveiled a new logo and adopted Building a better working world as its purpose. Mark, 51, has had a distinguished career with a track record of leadership both…
Viom Networks has appointed Sudhir Prasad as COO
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Viom Networks, has appointed Sudhir Prasad as Chief Operating Officer. He joins Viom Networks, from Tower Vision. At tower vision, he held the CEO’s role from Jan 2011, prior to which he was the Director – Sales & Business Development. He has also been with RPG Group, and has had a 9 year stint with…
Don Mattrick to take over from Co Founder Mark Pincus as Zynga Inc. CEO.
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Mark Pincus, has taken a step back from his role as CEO for Zynga Inc. The social gaming company has appointed Don Mattrick (ex Microsoft) as Chief Executive Officer and a member of the Board of Directors, effective July 8, 2013. Mark Pincus, Zynga’s founding chief executive officer, remains Chairman of the Board of Directors…
Jindal SAW appoints Neeraj Kumar as Group CEO & Whole-Time Director
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Jindal SAW has appointed Neeraj Kumar as Group Chief Executive Officer and Whole Time Director. Neeraj, has earlier (2002 – 2006) worked with Jindal SAW as Director Finance and CFO. He has most recently held the position of Managing Director and CEO of ORIX Auto Infrastructure Services (OAIS), a joint venture company of Infrastructure Leasing…
The LinkedIn “Favour” Test , Indian CEO’s get the boot, Social Media Skills every leader needs: HS Reading List
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In our Reading List today we have selected three insightful articles and posts from HBR, Economic Times, and Mc Kinsey Quarterly. The “Favour” test to decide on accepting a LinkedIn connection. Indian CEO’s get the boot. Six Social Media Skills every leader needs. The “Favour” test to decide on accepting a LinkedIn connection. Every day…
Raj Jain is no longer heading Walmart India operations.
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It is learnt that US retail major Walmart has announced some top level changes for their India operations. These changes include the exit of Raj Jain as President for Walmart India Operations. Ramnik Narsey, presently Senior Vice-President for Walmart International would take over as President in the interim. The announcement were communicated today morning…
Tech Mahindra completes Mahindra Satyam merger
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Tech Mahindra Limited, and Mahindra Satyam, a leading global consulting and IT services provider today announced the formal amalgamation of Mahindra Satyam with Tech Mahindra. The merged entity has evolved as a technology services powerhouse, with revenues of USD 2.7 Billion, a team of 84,000 professionals servicing 540 customers across 46 countries. The merged entity…
Airtel hires Srinivasan Gopalan as head for consumer business
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It is learnt that Airtel has appointed Srinivasan Gopalan (ex Vodafone UK) to lead the Consumer Business for the company. This move may be a continuation of the series of changes brought around beginning the appointment of Gopal Vittal as CEO for Airtel Indian Operations. Srinivasan Gopalan would be joining Airtel as Director – Consumer…
Best Places to Work in India
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Forbes Marshall Ranked 5th “Best Workplace in India”, 2013
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Forbes Marshall has been ranked the 5th Best Workplace for the year 2013-14, based on a survey conducted across India by the Great Place to Work Institute® in association with The Economic Times. This is the fifth time that the company has ranked in this survey since it started participating; it has been ranked earlier…
WNS Positioned in the “Leaders” Quadrant of Gartner 2013 Magic Quadrant for F&A BPO
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WNS (Holdings) Limited (WNS) (NYSE: WNS), a leading provider of global Business Process Outsourcing (BPO) services, has been positioned by Gartner, Inc. in the ‘Leaders’ quadrant of the ‘2013 Magic Quadrant’ for Finance and Accounting BPO for the third consecutive year. Vendors were evaluated on two primary criteria – ‘ability to execute’ and ‘completeness of…
Manu Anand quits as Chief of PepsiCo India.
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Manu Anand, the India head for Pepsico has quit. Manu’s exit was announced yesterday, and an internal communication to the effect has been released by the company. Manu has been with PepsiCo for last 19 years and has handled key roles across India & South Asia. In an internal statement it has been said that …
Stephen Hester, Group Chief Executive of Royal Bank of Scotland to exit.
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The Board of Directors of the Royal Bank of Scotland Group plc (RBS) has announced that Stephen Hester will be stepping down as the Group’s Chief Executive later this year. The Board believes that an orderly succession process will give a new CEO time to prepare the privatisation process and to lead the bank in…