India: Bus aggregator Shuttl hires former Snapdeal director as head of engineering

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Gurgaon-based bus aggregation platform Shuttl has appointed former Snapdeal director Amit Kumar Gupta as head of engineering, according to a statement. With an experience spanning more than a decade, Gupta brings in rich technical insight into Shuttl. In this new role, Amit will work towards building the technology team, scalable systems… Read more »

StanChart axes top jobs in specialist energy M&A team, mostly in Singapore

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The bank expanded its energy M&A advisory team by buying Harrison Lovegrove, a boutique advisory firm. Now , chief executive Bill Winters, who is cutting 15,000 jobs globally to restore profitability, is getting rid of expensive specialized bankers and taking a step to reduce the bank’s global ambitions in the M&A space.


India: Paytm hires former Amazon exec Vikas Purohit to lead payments biz

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Electronics payments company and marketplace Paytm has appointed former Amazon India executive Vikas Purohit as lead of its payments bank business, as per a report in The Economic Times. Prior to joining Paytm, Purohit was holding the position of director-fashion and lifestyle at Amazon India. Till March 2015, he held… Read more »


Fosun’s missing chairman makes appearance at Shanghai company meeting

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Fosun International Chairman Guo Guangchang attended a company meeting in Shanghai on Monday, a person at the event told Reuters, his first public appearance since a report he had gone missing last week sparked share suspension and speculation the firm was being drawn into Beijing’s corruption crackdown. Guo, a self-styled student… Read more »


Activist investor Daniel Loeb of Third Point calls for removal of Dow chief

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Activist investor Daniel Loeb of hedge fund Third Point has called for the removal of Dow Chemical Co. Chief Executive Officer Andrew Liveris after the company’s agreement to merge with DuPont Co., the Wall Street Journal reported on Sunday. Loeb sent a private letter to Dow‘s board on Saturday raising questions… Read more »


Former Citi banker Klein rewarded with Dow’s $130b deal prize

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Michael Klein, the former Citigroup Inc investment banking chief, landed a leading role advising Dow Chemical Co on its $130 billion merger with DuPont as a result of the relationship he carefully developed with Dow CEO Andrew Liveris. Liveris spent six years on Citigroup’s board of directors, a tenure that… Read more »


Yahoo CEO Marissa Mayer gives birth to identical twin girls

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Yahoo Inc Chief Executive Marissa Mayer gave birth to identical twin girls early on Thursday, a day after the company reversed course on a planned spinoff of Alibaba Group Holding Ltd. “Our whole family is doing great! Thanks to everyone for all of the support and well wishes throughout my… Read more »


India: FreeCharge appoints former Airtel Money exec Anshul Kheterpal as its CFO

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Snapdeal-owned digital payments platform FreeCharge has appointed former Airtel Money executive Anshul Kheterpal as its chief financial officer, according to statement. Prior to joining FreeCharge, Anshul was CFO and principal officer at Airtel Money. He was also until recently part of the steering committee of the BBPS and represented Airtel… Read more »


India: Rajat Sood promoted to Principal at General Atlantic

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General Atlantic, a New York private equity firm that’s invested in Facebook and Uber, has promoted Rajat Sood, a vice president in its Mumbai office, to principal, said an announcement on its worldwide website. Sood is a graduate of the Indian Institute of Management, Kolkata, and the Indian Institute of Technology,… Read more »


Philippines: Roxas Holdings Inc names Hubert Tubio as new president & CEO

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Listed bio-sugar and bio-energy company Roxas Holdings Inc (RHI) has named Hubert Tubio as its new president and chief executive officer (PCEO).