Category: News

Likely contenders for CEO position at Wal-Mart Stores Inc.

  It is learnt that the board of Wal-Mart Stores Inc. has identified two internal candidates to succeed incumbent CEO Mike Duke.  The contenders as per a reports by Bloomberg News, are Bill Simon and Doug McMillon.  Though Duke isn’t expected to step down immediately, it is understood that  Wal-Mart may name his successor soon.…

Joe Hogan to exit ABB as CEO

ABB, Chief Executive Officer Joe Hogan has decided to leave ABB for personal reasons. While there has been no disclosure on the date of his exit, he will continue in his role till a successor is identified.  In a statement released by the company it was conveyed that Joe is committed to a smooth transition.…

Akamai Technologies appoints Sidharth Malik (ex Microsoft) as Vice President and Managing Director for India business.

Akamai Technologies, has appointed  Sidharth Malik, the former senior Director at Microsoft India, as Vice President and Managing Director for Akamai India business. Sidharth will be responsible for leading  and expanding Akamai’s India operations. He will be based out of Bangalore and report to Sanjay Singh, Senior Vice President & General Manager, Akamai Asia Pacific…

Ana M. Catafau joins Piramal Imaging as VP, Clinical Research and Development, Neurosciences

Piramal Imaging SA, a division of Piramal Enterprises, announced Ana M. Catafau, M.D., Ph.D., as vice president (VP) of Clinical Research and Development, Neurosciences. Dr. Catafau brings more than 20 years of experience in neuroimaging research with SPECT and PET both in academia and in the pharmaceutical industry. Her tenure includes 16 years with the…

Lupin Pharmaceuticals next-generation takes over the reins – Vinita Gupta, & Nilesh D Gupta

Lupin board of directors has approved the appointment of Vinita Gupta as Chief Executive Officer and Nilesh D. Gupta as Managing Director from September 2013.  Vinita and Nilesh are children of Dr. Desh Bandhu Gupta, Lupin’s Founder and Chairman. Kamal K. Sharma, present the company’s Managing Director would move up as Vice-Chairman. Vinita Gupta, has…

Ivan Menezes, an Indian-Origin, is the new CEO of Diageo

Diageo plc, the leading premium drinks company, has appointed Ivan Menezes as its new Chief Executive Office. Ivan will take charge of the CEO’s role effective July 1, 2013.  He will replace Paul Walsh who has been leading the firm for the past 13 years. Paul Walsh, will step down from the Board at the…

Anjan Lahiri Head of MindTree’s IT services Business quits.

Anjan Lahiri, President & Head of MindTree’s IT Services Business has quit post an organizational restructuring.   MindTree moves to a new organization structure effective 1st July 2013.   Under the present structure, Anjan had been heading the IT Services business and S Janakiraman had been heading the Product & Engineering business. Anjan would continue as a…

Are they really paying for motivation

A news report in a leading daily says – corporates pay big bucks for motivational speeches from real life achievers.  The real life achievers in this case has been stated to be – sports person, movie directors, authors, and some business guys. Well, for one I am sure, that the corporates who hire these achievers…

Online businesses – some more funds to expand and thrive.

If you think that the e-commerce and online business space is facing the heat because of high burn rates, low margins & disappearing investments, have a re-look.  There are some stronger players still attracting investments, and at hiringsquare.com, when we see investments in any business or a sector, we clearly assume that a decent chunk…