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Executive Movements News

IL&FS Financial Services MD and CEO Ramesh C Bawa quits, IL&FS facing heavy debts.

Infrastructure Leasing & Financial Services Limited’s financial services unit MD & CEO Ramesh C Bawa quits as the parent company struggles to deal with debts. This resignation came just hours after the parent company IF&LS on Friday informed lenders that it is unable to repay the debt of Rs 250 crore. Along with Ramesh C Bawa, […]

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Executive Movements

Jubilant Energy CEO Ajay Khandelwal resigns.

  Ajay Khandelwal has resigned as CEO for Jubilant Energy, and has stepped down the Board of Jubilant Energy with immediate effect. This was announced earlier this week by the Board. The company has kicked off the process of new CEO search and appointment. In the interim a committee comprising of Ramesh Bhatia, COO and […]

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Executive Movements

Best Buy CEO resigns, interim CEO appointed

Best Buy, the leading electronics retailer has announced the resignation of its CEO of 28 years , Brian Dunn.  The company has of late been struggling to keep up with competition from online retailers. The company has once held a strong positioning as a off line retail giant. Recently , as a part of its […]