KPIT Cummins, has appointed Melissa Womack as Global Head of Marketing. Melissa is based in the US and has over 20 years of marketing leadership and corporate strategy experience in the technology industry. In her new role she would be leading the corporate branding initiatives of the business across US, Europe and Asia Pacific. She…
Category: News
Stanford GSB Research: Feeling of Guilt may reflect Leadership Potential
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A research by Stanford Graduate School of Business gives an indication that people prone to a feeling of guilt may reflect on their leadership potential. “Guilt-prone people tend to carry a strong sense of responsibility to others, and that responsibility makes other people see them as leaders,” says Becky Schaumberg, a doctoral candidate in organizational…
Absence of a level playing field – a disadvantage for Indian acquirers: SEBI CGM
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Wednesday, May 30, 2012 “Indian acquirers are at a disadvantageous position unlike their foreign counterparts due to the absence of a level playing field, as banks in India are not providing finances whereas the foreign banks are facilitating their domestic companies,” said Mr P.K. Bindlish, chief general manager, Securities Exchange Board of India (SEBI) at…
Hay Group Study: Human Resource Professionals Struggling as Strategic Business Partners
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Human resource professionals are making slow strides in becoming strategic business partners within their organizations, according to new research Next generation HR from Hay Group, the global management consultancy. Only 34 per cent of those surveyed believe HR is making a significant strategic contribution to their organization; most (60 per cent) positioned themselves somewhere in…
Cushman & Wakefield appoints Sanjay Dutt as Executive Managing Director, South Asia
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MIT Sloan Study: Social Business: What Are Companies Really Doing?
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C-Suite Executives Divided on Value of Social Business; Many Don’t Yet Measure Impact, Says MIT Sloan Management Review-Deloitte Report Cambridge, Massachusetts –(May 30, 2012) – A new global study by MIT Sloan Management Review (MIT SMR) and Deloitte identifies a difference of opinion within the executive suite on the value of social business. CEOs are…
Reliance Communications appoints Gurdeep Singh (ex Aircel) as President & CEO for Wireless Business
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Reliance Communications has appointed Gurdeep Singh as the President and Chief Executive Officer of its wireless business. He would take over the position left vacant after the resignation of Syed Safawi in February 2012. (See: Telecom Industry top level exits .. & Reliance Communication Restructuring ). In his new role he would be a member…
Car Rental Business: Opportunities being created..
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Flipkart appoints Aparna Ballakur as Head HR
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Flipkart.com, has appointed Aparna Ballakur as the Chief People Officer (CPO) for the company. As the CPO, she would be heading HR for the flipkart.com team of about 5000 employees. This manpower size includes the logistics team at flipkart.com. She joins flipkart.com from Yahoo India, where she has been the Vice President – Human Resources.
Bharti Airtel acquires 49% stake in Qualcomm’s broadband wireless access (BWA) business in India
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Bharti Airtel would be acquiring 49 % stake in Qualcomm Asia Pacific’s (Qualcomm AP) broadband wireless access (BWA) business in India. The agreement would see an initial investment of $ 165 M by Bharti for 49 % stake in Qualcom AP’s BWA business. The business presently holds licenses for Delhi, Mumbai, Haryana, and Kerala. Bharti…
Jyothy Laboratories appoints S Raghunandan (ex Reckitt Benckiser) as its CEO
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Jyothy Laboratories has appointed S Raghunandan as its CEO and whole time director. The company had been on look out for a CEO for quite some time, post its acquisition of Henkel. Last year the company had picked up Henkel AG’s majority stake in its Indian subsidiary. The deal had added to Jyothy’s existing portfolio…
Tech Mahindra inaugurates its 6th SEZ facility
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Noida, May 23, 2012: Tech Mahindra, a global systems integrator and business transformation consulting services firm exclusively focused on the telecommunications industry, announced the launch of its new delivery and development centre in Noida, Uttar Pradesh, India. The new facility was inaugurated by Anand Mahindra, Chairman, Tech Mahindra, in the presence of the Board of…
Quikr gets fresh funding of $32 Million
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Quikr.com, India’s leading classifies web site & a platform to sell, buy, rent or find something, has seen fresh round of funding lead by Warburg Pincus along with its existing investors. The present round of funding is $32 million in fresh funds and has participation from eBay Inc., Matrix Partners, and Norwest Venture partners.…
HP’s realignment may lead to up to 30,000 job cuts
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HP, in its release on 21st March 2012, had announced a realignment exercise where in HP’s Imaging and Printing Group (IPG) and its Personal Systems Group (PSG) were to converge as the Printing and Personal Systems Group. As per the earlier announcement – “ Combining these two entities will rationalize HP’s go-to-market strategy, branding, supply…
Star Union gets its new CEO & MD Girish Kulkarni
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Private insurer Star Union Dai-ichi Life Insurance Co Ltd (SUD) appointed Girish Kulkarni as managing director and chief executive. Mr. Kulkarni replaces Kamalji Sahay, who was the first managing director and chief executive officer (CEO) for the past four years and got retired last week. Mr. Kulkarni was most recently the General Manager of United…