Bharti Infratel Ltd, has appointed Sunil Khurana as Chief Operations Officer (COO) of the company. In this role Sunil, would be a part of core executive team of the company and would report to CEO Devender Singh Rawat.
Category: News
Yamaha Motors India appoints Masaki Asano as the Deputy Managing Director
by •
Rajeev Sawhney exits HCL Technologies
by •
It is reported that Rajeev Sawhney, of of the key executives at HCL Technologies has quit. Rajeev has been an HCL veteran, having been with the company for over 28 years. Recently he was the President for HCL Technologies – Europe, and head of emerging global verticals of Aerospace & Defense, Public Sector &…
Job generation plummeted by over 21% between January-December 15, ’12
by •
2012 saw a decline to the extent of over 21 per cent in the new job generation in various sectors of the economy between January-December mid across India, according to the analysis carried out by apex industry body ASSOCHAM. “A total of over 5.3 lakh jobs were generated during the aforesaid period across India i.e.…
Estimated Pay hike of 11.2 % in 2013 – Hay Group Compensation Report
by •
As per Hay Group General Industry Compensation Report released this week, expected pay increase for 2013 stands at an average of 11.2 % across job roles in 2013. The report covers all levels of management across job roles. The increment percentage represents a slight reduction against an actual average salary increase of 12 per…
CA Technologies India Names Pratip Banerji as Director of Sales, BFSI Business
by •
CA Technologies (NASDAQ: CA) India today announced the appointment of industry veteran Pratip Banerji as Director of Sales to head its BFSI (Banking & Financial Services Industry) business in India. Pratip brings with him 23 years of experience in the IT, Telecom and System Integration domains, covering the domestic market and the European region. In…
Gladstone Capital Corporation Invests $14 Million in Ag Trucking, Inc.
by •
Volvo may look at car manufacturing facility in India ..
by •
Gerresheimer acquires Indian Pharma Plastic Packaging Manufacturer Triveni Polymers
by •
Gerresheimer AG, one of the world’s leading partners of the pharma and healthcare industry, has acquired the majority shareholding in the Indian company Triveni to further accelerate its growth in the emerging markets. Triveni is a leading manufacturer of plastic containers and closures for the pharma industry with a strong track record of more than…
Mahindra To Purchase Navistar’s Stake In India Joint Ventures
by •
Mahindra & Mahindra Ltd. (M&M) and Navistar International Corporation (NYSE: NAV) announced today that Mahindra intends to purchase Navistar Group’s stake in Mahindra Navistar Automotives Ltd (MNAL) and Mahindra Navistar Engines Pvt Ltd (MNEPL). Following the purchase, both MNAL and MNEPL would become wholly owned subsidiaries of Mahindra. Mahindra would take complete ownership of…
One97 Acquires MobiVite, a Self-service Mobile Marketing Platform
by •
One97 Communications Ltd., India’s leading Mobile Internet Company, closed the deal to acquire theDelhi-based marketing platform MobiVite. The Software-as-a-Service (SaaS) platform enables businesses and brand managers to create mobile websites and execute engaging mobile-web campaigns. The acquisition will enable One97 to offer complete mobile marketing services to brands and agencies.
Commercial Vehicle Group Announces Acquisition of India Seating Business
by •
CVG Seating (India) Private Limited (CVG India), has acquired substantially all of the seat assembly assets of Vijayjyot Seats Private Limited (Vijayjyot). The acquired business has three leased facilities in the Baska (State of Gujarat), Pune (State of Maharashtra) and Dharwad (State of Karnataka) regions of India and employs approximately 108 full time associates in…
Rolta Makes Strategic Acquisition of AdvizeX, USA
by •
MUMBAI, November 6, 2012: Rolta, a leading provider of information technology consulting, solutions and services, today announced the acquisition through its wholly-owned subsidiary, Rolta International, Inc., of AT Solutions Group, LLC, the parent of AdvizeX Technologies, LLC ("AdvizeX"), a US company that provides total solutions consisting of hardware, software, and specialized advisory and technology services…
Z Capital Partners Promotes Four Investment Team Members To Senior Managing Director-Partner
by •
LAKE FOREST, Ill., Nov. 5, 2012- Z Capital Partners, L.L.C., a private equity firm focused on revitalizing businesses, has announced that four members of its team – Martin J. Auerbach, Esq., Christopher J. Kipley, Rahul Sawhney and Jonathan Schmugge – have been promoted to Senior Managing Director and Partner. All four individuals were previously Managing…
Vikram Pandit steps down as Citigroup CEO, Michael Corbat elected as new CEO
by •
Vikram Pandit has quit as Chief Executive of Citigroup Inc. His move is being seen to be coming post a stretched period of tension with Chairman Michael O’Neill over various issues including compensation and the role of Chief Operating Officer John Havens. Michael Corbat has been named as CEO. Presently Corbat is the CEO of…