BNP Paribas, the French Global Banking Group has appointed Jwalant Nanavati as the new Co-head of its corporate finance business in India. BNP Paribas offers capital markets, corporate finance and mergers and acquisitions related advisory services in India. Nanavati, moved to his new role last month, and is reporting to Ganeshan Murigaiyan, Head of Investment…
Category: News
Bharti Airtel’s CEO Sanjay Kapoor to quit.
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McCain to invest Rs. 350 Cr. in its Mehsana plant to cater to increased demands. To increase manpower by 50 %.
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The Canadian frozen food maker McCain famous for its frozen ready to fry smiley’s and aloo-tikki plans to invest 350 Cr in its Gujarat Unit. The investment would be directed towards increasing the production capacity, and would also lead to increase in employed manpower by about 50 %. The company is facing increase in demand…
Crompton Greaves (CG) to Acquire Lighting Division of Karma Industries
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Deloitte Completes Acquisition of Monitor’s Global Strategy Consulting Business
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Deloitte has acquired substantially all of the business of Monitor, one of the world’s leading strategy consulting firms. This transaction combines Monitor’s highly-influential brand, strong thought leadership and top-notch talent with Deloitte’s extraordinary reach, access, and resources to solidify the Deloitte network as a worldwide leader in strategy consulting. Monitor’s talent and assets will combine…
Anup Rau joins Reliance Life Insurance as CEO
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Reliance Life Insurance, has appointed Anup Rau as new CEO. Anup joins Reliance Life Insurance, from HDFC Life, where he was holding the role of Sr. Executive Vice President, looking after Agency, Bancassurance and Alternate Channels. Prior to joining HDFC Life in 2010, he was with ICICI Prudential Life Insurance Company Ltd. , as Senior…
Xerox CFO Luca Maestri resigns to join Apple as Corporate Controller
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Xerox has announced that Luca Maestri, executive vice president and chief financial officer, is leaving the company, effective February 28, to assume the role of corporate controller at Apple. He had joined the company in February 2011, from Nokia Siemens Networks. At Apple he would be working with Peter Oppenheimer, the Chief Financial Officer. A…
L’oréal India’s new Research & Innovation Center to employ over 100 Indian researchers and scientists by end of 2013
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L’Oréal has set up a new Research & Innovation (R&I) Center based in Mumbai & Bangalore to study Indian hair and skin specificities as well as the beauty routines and expectations of Indian consumers. This set up in line with the company’s growth strategy for the Indian market. The company plans to invest a total…
BMW maintains its momentum in India’s luxury car segment for 4th consecutive year.
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With 9375 cars delivered to customers in the calendar year 2012, BMW India has maintained its momentum in the Indian luxury car market for the fourth consecutive year. Mr. Philipp von Sahr, President, BMW Group India said, “The success of BMW India has always been built on long-term thinking and responsible action. BMW has…
GVK Biosciences and Onconova Therapeutics Establish Novel Joint Development Partnership
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Hyderabad, Andhra Pradesh, India and Newtown, PA, United States, Wednesday, January 09, 2013: GVK BIO, Asia’s leading Contract Research and Development organization and Onconova Therapeutics, a U.S. based biopharmaceutical company primarily focused on discovery and development of novel small molecules for Oncology, today announced that they have entered into a novel joint partnership to develop…
MasterCard Worldwide Leadership Changes & Appointments in APMEA
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MasterCard Worldwide has announced three new appointments to bolster their Asia/Pacific, Middle East & Africa (APMEA) leadership teams as the region continues to show strong business growth. Leadership changes in the region’s Global Products and Solutions (GP&S) team – TV Seshadri, would move from India to Singapore as group executive, GP&S for APMEA. In his…
LinkedIn Appoints Hari Krishnan as Managing Director in Asia-Pacific and Japan
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LinkedIn has appointed Hari Krishnan as the company’s Managing Director in Asia-Pacific and Japan. Krishnan will be playing a key role in growing LinkedIn’s presence in the Asia-Pacific region and reinforcing LinkedIn’s commitment to connect professionals in Asia-Pacific and Japan to make them more successful and productive. Asia-Pacific is one of LinkedIn’s fastest growing…
LinkedIn appoints Nishant K. Rao as Country Manager, India
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LinkedIn, has appointed Nishant K. Rao as the new country manager for India. Nishant’s appointment at LinkedIn India comes following the promotion of former country manager, Hari V. Krishnan into a larger role as the Managing Director of Asia- Pacific and Japan. In his new role as the country manager for LinkedIn India, Nishant will…
Top level appointment & exits in Rediffusion Y&R
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Britannia Industries appoints Varun Berry as COO
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Britannia Industries has appointed Varun Berry, the former CEO of PepsiCo Foods, as COO (Chief Operating Officer). In his new role Varun would be reporting to Vinita Bali, MD and CEO. Varun had quit PepsiCo last year after having a 18 year stint with the company. In PepsiCo, he has worked across the business…