India: Grasim, Ultratech Cements in top deck rejig, appoint new managing directors

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Aditya Birla Group’s Grasim Industries Ltd and Ultratech Cement Ltd on Friday announced a rejig of its top management with new appointments for its managing director positions. Ultratech on Friday said K.K. Maheshwari will be its new managing director after the incumbent O.P. Puranmalka leaves in March. Maheshwari, the current… Read more »

Indian hiring startup HackerRank ropes in Facebook exec to lead product development

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Hiring start-up HackerRank (Interviewstreet Inc), on Friday said it has hired former Facebook executive David Park as vice president of products and growth. Park, who will oversee global product development efforts and growth, follows the hiring of former Facebook and Google executive Grady Burnett as chief operating officer in October,… Read more »


Apple promotes longtime executive Jeff Williams to COO

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Apple Inc promoted longtime executive Jeff Williams to the role of chief operating officer, reinstating the title previously held by Chief Executive Tim Cook, as part of a series of changes to the company’s leadership team. Williams, who joined Apple in 1998, previously served as senior vice president of operations and… Read more »


India People Dealbook: Jet Airways’s Cramer Ball and Tata Starbucks CEO Avani Davda, resign

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In big people movements, Cramer Ball has resigned as chief executive officer of Jet Airways Ltd, the country’s second largest airline by passengers carried, while Avani Davda, chief executive officer of Tata Starbucks Pvt. Ltd has resigned to pursue opportunities outside the group. Jet Airways CEO Cramer Ball resigns Cramer… Read more »


India: Times Internet names Gulshan Verma as CRO

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Times Internet, the digital venture of India’s leading media house Bennett, Coleman & Co Ltd, has appointed Gulshan Verma as its chief revenue officer (CRO). Prior to joining Times Internet, Verma was working with the online content discovery platform Outbrain, where he was primarily responsible for managing the operations of… Read more »


Tesla rival Chinese electric car co NextEV hires ex-Cisco tech head Padmasree Warrior

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Warrior, a tech industry veteran who featured in Forbes magazine’s “World’s 100 Most Powerful Women” list thrice, was Cisco’s chief technology and strategy officer until September. Warrior would be responsible for the “brains of NextEV’s autonomous, electric vehicles and the overall user experience.”


DBS Bank appoints Shantanu Sengupta as consumer banking head of India

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DBS Bank, a unit of Singapore’s biggest bank DBS Group Holdings Ltd, named Shantanu Sengupta as the head of consumer banking group in India. Sengupta will report to Surojit Shome, chief executive of DBS Bank India and Pearlyn Phau, DBS Bank’s deputy group head of consumer banking & wealth management…. Read more »


Asia has highest number of self-made women billionaires, first-gen entrepreneurs: UBS/PwC

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Asia’s fast-growing, young economies have allowed a small but increasing number of female entrepreneurs to create billion-dollar legacies. In the past 10 years, Asia’s female billionaires have grown by a factor of 8.3, from just three in 2005 to 25 in 2014


India: Zensar ropes in HCL Tech’s Sandeep Kishore as MD & CEO

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Zensar Technologies Ltd, an RPG Enterprises’ group company, named Sandeep Kishore as chief executive officer and managing director. Kishore will join Zensar on 12 January and take over leadership of the company from Ganesh Natarajan, whose term comes to an end on 30 April 2016. He will be based in… Read more »


Barclays banker is new global private banking head for StanChart

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Didier von Daeniken is the new global head of private banking and wealth management, in the latest streamlining of management at the embattled London-based lender. Incumbent global head of private banking Michael Benz will leave on December 18