Management

As per a statement, Ahuja, who will be based in Los Angeles, will report to Sony Group Corporation Chairman and CEO Kenichiro Yoshida and Sony Group Corporation President, COO and CFO Hiroki Totoki

GE Power India on Thursday announced the appointment of Puneet Bhatla, Executive - Business Operations services as its Managing Director effective September 1. "...Puneet Bhatla (Executive - Business Operations services), Ashutosh Gupta (Executive - Sourcing) and Raj Raman (Executive - Project portfolio) designated as 'Senior Management Personnel' have ceased to be the senior management of the company, with effect from September 1, 2024," the company said in a regulatory filing. The company said Bhatla has been appointed as its managing director, subject to approval of members and therefore, Puneet is no longer falling under the definition of "senior management" as per listing regulations.

Sustained mismanagement cost it its majority

Prof J Philip, founder and chairman of Xavier Institute of Management & Entrepreneurship (XIME), talks about the evolution of management education in India and the trends in the sector

MAH MBA CET Result 2024 has been declared today. Candidates can check and download their results through the official website, cetcell.mahacet.org/

Aggrieved investors of edtech major Think and Learn, owner of Byju's brand, will participate in the extraordinary general meeting of the company to be held on Friday morning, sources aware of the development said on Thursday. Byju's EGM is scheduled to start at 10 AM IST on Friday to seek shareholders' approval to increase the authorised share capital of the company, following the USD 200 million rights issue. "Most of the investors, especially those who have gone to the NCLT, will participate in the EGM as it is the place to record their vote and raise issues," a source from the group of discontented Byju's investors said. A group of four investors - Prosus, General Atlantic, Sofina, and Peak XV - along with support from other shareholders, including Tiger and Owl Ventures, have approached the National Company Law Tribunal (NCLT) against Byju's EGM. The source said investors want to access the financial books of Byju's which they can get through EGM. The NCLT Bangalore bench on ..

Pallavi Shroff, the Managing Partner of leading law firm Shardul Amarchand Mangaldas & Co, has refused a second term as an independent director of Asian Paints, amidst concerns raised by a proxy firm. Shroff has informed the Board of Directors of Asian Paints that "she will not be able to continue for a second term of appointment as an Independent Director of the company, on account of several new projects that her firm has undertaken leading to enhanced professional and time commitments". She has also confirmed that there are no other material reasons for her non-continuation, according to a recent regulatory filing by the leading paints maker. Earlier, the board of Asian Paints had approved the reappointment of Pallavi Shroff as an independent Director for a second term of two years from April 1, 2024, to March 31, 2026. The company has also issued a Postal Ballot notice on January 17, 2024, to seek approval from its shareholders for the re-appointment of Shroff. E-voting had ...

Facility management and security services provider Krystal Integrated Services on Monday fixed a price-band of Rs 680-715 a share for its Rs 300-crore initial public offering (IPO). The IPO comprises Rs 175 crore in fresh issue and Rs 125 crore in offer-for-sale by the promoters (at the upper-end of the price band). Post-issue, the overall promoter holding led by promoter Pravin Ramesh Lad and his family (Krystal Family Holdings) will come down to close to 70 per cent. The floor price is 68 times the face value of the shares and the cap price is 71.50 times the face value of the shares which has a face value of Rs 10, chief executive Sanjay S Dighe said here. The anchor investor bidding will begin on Wednesday and the issue opens for public subscription from Thursday. The company will use the net proceeds from the fresh issue towards part repayment of its debt of Rs 187 crore; funding working capital requirements of Rs 100 crore and capital expenditure for purchasing new machinery

Tarakkad will be responsible for overseeing upGrad's domestic and global financial strategies

Volvo Car India on Monday said it has restructured its management team headed by Jyoti Malhotra through both internal role changes as well as external talent acquisition. The exercise carried out over the past few months is aimed to secure long-term strategic transformation and direct-to-consumer online sales, Volva Car India said. It is a subsidiary of Swedish luxury carmaker Volvo Cars. As part of the rejig, Kalpit Shishodia, who led the customer service function since 2017, has been promoted to the role of director commercial operations to oversee all revenue generating functions under sales and service. This is to ensure profitable growth, including sales of new and used cars, parts, accessories and related value chain as well as the required tech support for all products, the company said. Similarly, Prashant Khanna has been elevated to the role of director business transformation and retail development. Khanna, in his new role, is responsible for leading the transformation o

Neeyat is not a new management jargon to replace vision and mission, nor is it an attempt to nativise an Anglo-American concept in Bhartiya hues, but it is relevant for all businesses, big or small

The Chairperson of the Competition Commission of India (CCI) also emphasised that the regulator cannot take "one-size fits all" interventions in technological markets, which require nuanced assessment

As of March 2023, the company's assets under management stood at Rs 4,927 crore, and the net profit stood at Rs 234.52 crore. The total revenue of the company stood at Rs 673.66 crore

Vaishali Kasture had taken over from the former president of commercial business, Puneet Chandok, in July this year