Aditya Birla Group flagship company Grasim Industries today said its independent director R C Bhargava has resigned from the Board.
Bhargava, who is the Chairman of the country's largest car maker Maruti Suzuki India, resigned citing personal reasons.
"The resignation is effective from October 1, 2016," Grasim Industries said in a BSE filing.
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IVCA appoints Rajat Tandon as president * The Indian Private Equity and Venture Capital Association (IVCA) has appointed Rajat Tandon as its new President.
Prior to IVCA, Rajat was part of the leadership team at Nasscom. As Vice President, he had lead Nasscom's 10,000 Startups initiative, that supported technology startups in the country.
"His key priorities will be the continuing promotion of regulatory reform, and deep engagement with the widening member base of IVCA," Gopal Srinivasan, Chairman, IVCA today said.
Rajat Tandon, the incoming President said "I look forward to meeting members and regulators to help achieve further milestones in the development of private equity and venture capital in India".
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FCB Cogito appoints Vidyadhar Wabgaonkar as president * FCB Cogito, the brand consulting arm of advertising agency FCB India, has appointed Vidyadhar Wabgaonkar as president.
Wabgaonkar is currently leading the strategic planning effort at FCB Interface, which he will continue to do along with his new responsibility at FCB Cogito, the company said in a statement.
"FCB Cogito provides a cutting edge to FCB India with the thinking muscle and deep insight that it brings to our business. FCB Cogito has been successful for over a decade now and with Wabgaonkar, we look forward to continued growth from this unique part of our group," FCB India Chairman and CEO Rohit Ohri said.
Motilal Oswal AMC enters global mkts with new fund
* Motilal Oswal Asset Management Company today said it is expanding its footprints into international markets with the launch of a new fund, which will give global institutional investors access to its Indian equity capabilities.
The scheme -- Motilal Oswal India Fund -- has received seed investments from offshore clients.
"There are trillions of dollars of global savings staring at zero percent yields. The Indian capital market is a very attractive destination for such savings. India continues to grow at 7-8 per cent per annum, and the government is unleashing a whole new generation of reforms aimed at ease of doing business in India," Raamdeo Agrawal co-founder at Motilal Oswal Group said in a statement.
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Casio launches new projectors
* Japanese consumer electronics firm Casio has introduced lamp-free projectors under its Advanced Series of Laser & LED Hybrid projectors.
The company has first time introduced two TCO certified models XJ-F200WN and XJ-F210WN in the Indian market, which meet life cycle criteria for environment, health & safety and socially responsible manufacturing, Casio said in a statement.
Priced at Rs 85,995 and 89,995 respectively, projectors feature Casio's fifth generation Laser & LED Hybrid Light Source technology that reduces the power consumption up to 50 per cent, it added.
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Cinepolis opens 5-screen multiplex in Greater Noida
Multiplex operator Cinepolis today opened its 5-screen multiplex in the NCR region at The Grand Venice Mall in Greater Noida.
With the launch of this property, the tally of Cinepolis multiplexes in the city now stands at 29 screens across 8 properties in National Capital Region.
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* Anchor Electricals, a Panasonic group company, today opened its First Roma Brand Experience Shoppe showcasing its complete range of wiring devices at Mumbai.
The company intends to expand further with the Roma Range of Switches and Accessories adding new products for Commercial, Hospitality and Residential segments to the basket in the upcoming years.
