LinkedIn India head Nishant Rao gets startup bug, joins Freshdesk as COO

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Cloud­-based customer support software firm Freshdesk on Tuesday said it has hired Nishant Rao, managing director of LinkedIn India, as its chief operating officer. He will join in November. Rao will be responsible for all non-­R&D (research and development) aspects of the company, Freshdesk said in a press release. “Nishant’s… Read more »

India: Housing.com appoints Mani Rangarajan as new CFO

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Online real estate website Housing.com, run by Locon Solutions Pvt. Ltd on Sunday said that the company has appointed Mani Rangarajan as the chief financial officer as it looks to strengthen its senior management team. Rangarajan has spent about 20 years in the Americas, Europe, Middle-East, Asia and Africa, where… Read more »


Deutsche Bank restructures business, removes top executives

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Deutsche Bank is restructuring its business, splitting its investment bank in two and parting ways with some of its top bankers as the new chief executive of Germany’s biggest bank sets out its most “fundamental” overhaul. Chief Executive John Cryan has come under mounting pressure to reform the bank, as… Read more »


Carlyle Group names Sunil Kaul as head of SE Asia buyout advisory team

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Global alternative asset manager company Carlyle Group has named Sunil Kaul as its new managing director to head Southeast Asia region of the Carlyle Asia buyout advisory team. Kaul’s appointment is with immediate effect. The appointment comes after Carlyle fired its top dealmaker in Indonesia after the banker was fined by… Read more »


Evan Gallagher is new CEO of ASK Group’s Singapore operations

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Financial services firm ASK Group, which has $3 billion of funds under management and advisory, has appointed Evan Gallager as chief executive and executive director of its Singapore-based subsidiary. The company also plans to raise about $1 billion from investors in the United States, Europe and Asia in the next… Read more »


Singapore: Fullerton Healthcare CEO Dr Michael Tan bags EY Entrepreneur of 2015 award

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Dr. Michael Tan, group CEO and co-Founder of Fullerton Healthcare Group has been awarded Ernst & Young’s (EY) EY Entrepreneur Of The Year (EOY) 2015 Singapore. The EY EOY awards programme was launched in Singapore in 2002 to honour entrepreneurs who have created and sustained successful business ventures, as well… Read more »


Twitter poaches Google executive Kordestani for chairman post

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Twitter Inc lured Google Inc executive Omid Kordestani to become the social media company’s executive chairman, the latest step in the company’s turnaround efforts under Jack Dorsey, who last week was named permanent CEO. Kordestani‘s extensive sales experience could prove a good counterpoint to Twitter co-founder Dorsey’s product knowledge and… Read more »


India: Online fashion retailer Myntra appoints Gunjan Soni as CMO and head, international brands biz

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Online fashion retailer Myntra (Myntra Designs Pvt Ltd) said on Tuesday that it has appointed Gunjan Soni as chief marketing officer and head, International brands business. Soni will join the firm at the start of December. Before this, Soni worked as executive vice-president for strategy at Star India, on initiatives… Read more »


Thailand’s Chearanvanont, Malaysia’s Quek are richest business families in Asean: Forbes

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Thailand’s Chearnvanont family and Malaysia’s Quek family are among the top 10 wealthiest business families in the Asean region, occupying fourth and sixth positions respectively, according to Forbes’ inaugural edition of Asia’s 50 richest list. The Chearnvanont family of Thailand runs the Charoen Pokphand Group, a leading food producer in… Read more »


India: Can Ajay Piramal reinvent himself again?

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Textile, pharma, financial services, real estate, and now, infrastructure—can Ajay G. Piramal, 60, reinvent himself yet again as he steps up his involvement in the group’s existing financial services businesses and pushes for a mega-merger with Infrastructure Leasing and Financial Services Ltd (IL&FS)? Piramal, no stranger to building and acquiring… Read more »