Former Walmart India head Raj Jain has been roped in as an advisor by the Bharti Group, which today parted ways with the US retail giant to operate stores independently in India.

Bharti ropes in ex-Walmart India head Jain as Group Advisor

Press Trust of India

S R Bansal has taken over as Chairman and Managing Director of Mangalore-based Corporation Bank.

S R Bansal takes over as chairman of Corporation Bank

Nirmalya Kumar

Back in India, Kumar says he has achieved the academic goals he had set and it is now time to learn new things

Lunch with BS: Nirmalya Kumar

Business Standard

In yet another case of an Indian executive taking up bigger role in a multinational, Akzo Nobel India's MD Amit Jain will become Director of decorative paints segment in the European operations of parent Akzo Nobel NV from January next year.

Akzo Nobel India MD Amit Jain headed for European operations

Vishal Bali, group CEO of Fortis Healthcare Ltd, one of the largest hospital chains in the country, is stepping down to pursue his own entrepreneurial venture.

Fortis Healthcare CEO Vishal Bali steps down

IT major Wipro today said Anand Sankaran, Sr VP and Business Head of Global Infrastructure Services and Wipro Infotech, has quit the company.

Wipro senior VP Anand Sankaran quits

Paul Gottsegen, Infosys' Chief Marketing Officer has quit the company, and has joined Mindtree as its Senior Vice-President, Chief Marketing & Strategy Officer and Management Council member.

Infy's marketing head Gottsegen quits; joins Mindtree

Wipro, India's third largest IT services company has appointed Ms. Ireena Vittal, a former partner with McKinsey & Co, to its board of directors. Vittal will be the second female board member of the company in its history after Dr Gulbanoo Premji (Azim Premji's mother) who had been a director at Wipro for almost 17 years till Sep 16, 1983.

Wipro appoints Ireena Vittal to its board

Software Services major Wipro today said it has appointed strategic consultant Ireena Vittal to its Board of Directors.

Wipro appoints Ireena Vittal to its Board

S Varadarajan today took over charge as Chairman and Managing Director of Bharat Petroleum Corporation Limited (BPCL) from the outgoing CMD R K Singh on his retirement.

Varadarajan takes charge as BPCL CMD

State-run NTPC has said S C Pandey has taken over the charge as Director (Projects) of the company with effect from today.

S C Pandey takes over as director at NTPC

S Varadarajan has taken over as the Chairman and Managing Director of Bharat Petroleum Corp Ltd (BPCL), India's second biggest oil refiner. Varadarajan has replaced RK Singh, who superannuated on September 30.

S Varadarajan takes over as BPCL CMD

Chadha has turned PepsiCo into the largest food and beverages company in the country

Newsmaker: Sanjeev Chadha

BS Reporter

Baroda Pioneer Asset Management Company has appointed Sanjay Chawla as its Chief Investment Officer (CIO) effective from 25 September.

Baroda Pioneer AMC appoints new CIO

The population and wealth of Asia-Pacific's high net worth individuals (HNI) increased three times over the last five years (2007-2012) when compared to other countries in the world.

Asia-Pacific HNI wealth reached $12 trillion in 2012

Joseph Massey, MD and CEO of MCX-SX has withdrawn his request for re-appointment as director of Multi Commodity Exchange (MCX).

Joseph Massey to quit as MCX director

43 year old Cyrus Mistry took over the reins of the Tata Empire in late December last year. His first 9 months have been marked by mammoth challenges as he steers the fortunes of his $100 billion salt to steel conglomerate, and particularly flagship brands like Tata Motors & Tata Steel, most affected by the protracted economic downturn.

Cyrus Mistry takes flight: 5 Big Moves

Tata Steel Managing Director H M Nerurkar today said his successor T V Narendran is the right candidate for the position at the country's leading steel maker.

Narendran right choice to lead Tata Steel: Nerurkar

Magma Fincorp today said it has appointed Janet Gasper Chowdhury as chief people officer. Chowdhury has 17 years of experience in human resource consulting across sectors like government ministries, banking, insurance, oil and gas, steel, chemicals, engineering, aeronautics and defense, information technology and FMCG.

Magma names Chowdhury as chief people officer

Leading Indian industrialist Ratan N. Tata has joined the Board of Trustees of Carnegie Endowment for International Peace, an influential Washington think tank.

Ratan Tata joins Carnegie Board

IANS

Jignesh Shah, promoter of the Financial Technologies group that promoted National Spot Exchange, seems to have taken a cue from the Prime Minister. Like Manmohan Singh, Jignesh Shah has also claimed innocence of the fraud happening under him. Claiming that he is a victim of the crisis, Jignesh Shah is either rash or he has been lucky to build such a big empire.

The need to make Jignesh Shah accountable for the NSEL crisis

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