Following the disastrous fire accident in SAIL’s Bhilai Steel Plant, Chhattisgarh, the CEO of the plant M Ravi was fired today. Along with him, T Pandya Raja, general manager (safety) and Naveen Kumar, deputy general manager (energy) were also suspended. Nine people had died and 14 others were injured in the gas pipeline blast, Tuesday.…
Samsung Group has fired the Samsung Engineering Chief Executive Park Ki-seok following an accident at one of its sites last week. The explosion of water tank in South Korea killed three workers and injured over 10. Samsung Engineering was building the water tank at a factory for another Samsung joint venture between Samsung Fine Chemicals…
Another CEO exit form a leading global brand, and its not because of business performance. This time the reason for exit is alleged irregularities in expense report submissions. While the concerned irregularities does not in any way impact the businesses financials or the company’s reputation in the market, it was a good enough reason for…
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…