Cairn’s Chief Executive Officer Ajay Dixit has decided to quit the company at month-end. He is the fifth CEO of billionaire Anil Agarwal-led Vedanta’s oil and gas division to quit the firm. Cairn was taken over by the mining baron eight years ago. According to a PTI report, Dixit has decided to not seek an…
Following the departure of Paytm Money CEO Pravin Jadhav from the company last month, its Chief Technology Officer and Operations Head have also resigned from their positions. Fintech unicorn Paytm has been witnessing a lot of departures from the company’s top management recently. The company which has aggressively spread its operations into various fields is…
Global public relations company, Hill+Knowlton Strategies (H+K) recently announced that it has appointed Abhishek Gulyani as Chief Executive Officer to lead its operations in India. Gulyani, an experienced communications specialist,will manage the offices in Bengaluru, Gurgaon and Mumbai to capture the enormous growth potential in the country. Speaking on his appointment, Gulyani said, “To join…
Mobile-based point of sale company, ePaisa recently announced that it has elevated its Chief Business Officer Pravinkumar Bhandari to the position of Chief Executive Officer. He has been serving as CBO since June last year. As the CBO his role was to entail tasks and processes towards business development by implementing growth opportunities within and…
Indian multination steel-making company Tata Steel Ltd., formerly known as Tata Iron and Steel Company (TISCO)’s Chief Executive Officer T.V. Narendran has reportedly abruptly resigned from the presidency of the Indian Steel Association. His resignation comes way before the conclusion of his two-year tenure at the industry’s premier industry body in the country. His tenure…
London-based multinational investment bank HSBC recently announced that it has put on hold the plan to cut 35,000 jobs. The bank said that the decision to put job cuts on a halt was because it does not want to leave staff unable to find work elsewhere during the ongoing coronavirus pandemic. Earlier in February, HSBC…
Telecom equipment company Huawei recently announced leadership changes for its India business. Huawei India’s current Chief Executive Officer Jay Chen has now been promoted to a leadership role in the Asia Pacific region. He will be replaced by David Li. David, who was earlier the Deputy CEO of the company. Outgoing CEO Chen has worked…
Subhash Chandra-backed global tube-packaging company Essel Propback recently announced that it has appointed former Viacom18 executive Sudhanshu Vats as Chief Executive Officer and Managing Director. The company Board has further appointed Vats as Additional Director of the company. His appointment comes in effect since 16 April 2020. An industry veteran with 28 years of experience…
In a sudden shock to the world, BMW Group India President and CEO Rudratej Singh passed away on April 20 morning following a cardiac arrest. Announcing the news of his demise, the luxury automaker in a statement said, “BMW Group India, with profound sorrow, announces the demise of Rudratej Singh (46), President and Chief Executive…
Digital payments major Paytm on Wednesday said it has named Vineet Arora as the managing director and chief executive officer of Paytm General Insurance Ltd. The appointment, which is subject to regulatory approvals, is a step for Paytm to further its journey into the insurance sector with an immediate focus on General Insurance, the company…
San Diego-based Leo Lens Pharma recently announced the appointment of Dan Myers as the company’s new Chief Executive Officer. Prior to joining Leo Lens, Myers was the Co-Founder and Chief Executive Officer of Alimera Sciences. He continues to serve as the Chairman of the Board of Directors of Alimera. Before founding Alimera, Myers was a…
After several weeks of rumors about his differences with the company, Pravin Jadhav, the Managing Director and CEO of Paytm Money has resigned from the company. According to a news report by Entrackr, Jadhav had submitted his papers last week and it is being reported that he will be relieved by the end of April.…
Vedanta Limited, a subsidiary of Vedanta Resources Limited, has recently announced that company CEO and Director Srinivasan Venkatakrishnan will step down from his position. Srinivasan has decided to resign from the position citing personal reasons and is expected to rejoin his family in South Africa. According to an official press release, the company said, “Srinivasan…
Trade association for talent management Worldwide ERC recently announced that Lynn Shotwell, GMS, SHRM-SCP, will join the organization as its new President & CEO on March 30. As an accomplished association executive, Shotwell brings a track record of successfully leading global workforce and talent mobility organizations to her new role. With more than 20 years…
Retail giant Walmart recently announced that it has promoted Sameer Aggarwal to Chief Executive Officer of Best Price, Walmart India w.e.f April 1, 2020. Post his promotion, Aggarwal will directly report to Dirk Van Den Berghe, Executive Vice-President and Regional CEO of Asia and Global Sourcing, Walmart. Aggarwal is taking over the CEO position from…