About two months ago, CEO Sachinder Bhinder was asked to leave by CVC Capital Partners, the majority stake owner in Aavas. Now, the Chief Financial Officer (CFO) Ghanshyam Rawat and Chief Risk Officer (CRO) Ashutosh Atre have tendered their resignations. In similarly worded letters, both have cited personal reasons for the resignation. These are two … Read more
The Company announced the appointment of Sanjay Rao as its new Managing Director and Chief Executive Officer. Rao joins from Nike, where he most recently served as Senior Director, Nike Retail, overseeing the France and Benelux markets. Prior to Nike, he worked with Inditex and played a key role in establishing Zara’s business in India … Read more
In June, it elevated longtime executive Seshu Kumar Tirumala to chief operating officer. Tirumala, who has spent more than a decade at the company across sourcing, merchandising and private labels, is expected to strengthen the senior leadership team as BigBasket sharpens its focus on quick commerce. Source link
The veteran Anuj Jain and the Company (KNPL) have mutually decided that Mr. Jain will take early retirement from the services of the Company at the close of business on 31st March, 2025. He is being replaced with Mr. Pravin Chaudhari, another experienced veteran. Mr. Chaudhari has over 30 years of experience building B2C and … Read more
International Gemmological Institute (India) Limited (IGIL) is currently the favorite amongst investors with supposedly a very bright future. Under such outlook, COO leaving the Company is not comforting. The Company has informed that Ms. Deborah Pienica, Chief Operating Officer (COO) ceased to be Senior Management Personnel with effect from January 31, 2025. Reason provided is … Read more
Angel One Appoints Ambarish Kenghe (AK) as Group Chief Executive Officer AK is currently Vice President and General Manager at Google Pay APAC. He was instrumental in scaling Google Pay’s in India. He also had a key role in the launch of Chromecast and Google TV’s development. Before Google, AK had served as Chief Product … Read more
In a surprise announcement, DMart has informed that Neville will not be offering his candidature for renewal as Managing Director and CEO at the conclusion of his current term in January 2026 – a year from now. This would be surprise to most as Neville has been a key driving force behind DMart’s success. In … Read more
Bhargav Dasgupta, the current MD & CEO has resigned and will hold office till November 30, 2023. He is joining as Vice President of the Asian Development Bank. Sanjeev Mantri is also an ICICI veteran and has been with the group for more than 20 yrs across businesses. Prior to ICICI, he had spent 8 … Read more
In a surprise announcement, Balaji Amines informed the following – All five independent directors of the Company – Mr. Naveena Thammishetty Chandra, Mr. Kashinath Revappa Dhole, Mr. Satyanarayana Murthy Chavali, Mr. Amarender Reddy Minupuri and Mrs. Vimala Behram Madon have resigned as Independent Directors of the Company from the closing hours on 20th May, 2023; … Read more