PE firm ShawKwei appoints Brian Lau as ED in HK

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Private equity firm ShawKwei & Partners has appointed Brian Lau as executive director in the firm’s Hong Kong office. Lau, formerly a partner at the boutique investment bank and advisory firm Prometheus Capital, will bring deep operational and strategic expertise to ShawKwei, the firm said in a statement. He has… Read more »

Vietnam: Veteran deal-maker Chinh Chu leaves PE firm Blackstone

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Vietnamese American Chinh Chu, a veteran deal-maker at Blackstone Group LP, which was appointed underwriters for the IPO of hotel operator Hilton and almost purchased Dell Inc, is leaving the US private equity firm, according to a Bloomberg report. While Blackstone CEO Steve Schwarzman said that Chu will be taking… Read more »


India: Google executive Surojit Chatterjee joins Flipkart as head of consumer experience

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Flipkart, India’s biggest online marketplace, said it hired Google executive Surojit Chatterjee to head consumer experience across desktop and mobile. Chatterjee, who has 33 U.S. patents to his name, most recently was the global head of mobile search advertising and adsense for search at Google. In May, Flipkart‘s chief financial… Read more »


India Dealbook: Housing gets CMO; Ola poaches Flipkart corp affairs head; Apurva Purohit is Jagran president

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Housing.com, a real estate platform, has appointed Nikhil Rungta as its CMO, while ride-hailing app Ola has poached Flipkart’s head of corporate affairs Joy Bandekar. In a separate development, Apurva Purohit, CEO of FM channel Radio City, has been appointed as President – Jagran Group. Housing.com appoints Nikhil Rungta as… Read more »


Hyundai Motor India names YK Koo as new managing director

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Hyundai Motor India Ltd (HMIL) on Monday announced that Y.K. Koo will be its new managing director. Koo will take up the responsibilities from B.S.Seo, who returns to the Hyundai’s headquarters in Seoul after a stint of more than five years in India. The second largest car manufacturer in India… Read more »


India: Soumendu Ganguly of Infoedge to lead marketing at listings platform Sulekha

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Soumendu Ganguly of Infoedge India Ltd has joined local business service provider Sulekha.com to head its marketing and lead its digital and offline brand building efforts. Ranked among the top 50 digital properties in India, Sulekha.com has doubled its revenue in the past three years and accelerated its growth through… Read more »


India: A day after leaving SpiceJet, Sanjiv Kapoor joins Tata-SIA airline venture Vistara

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A day after Sanjiv Kapoor resigned as chief operating officer (COO) of SpiceJet Ltd on Thursday, he has been appointed by Vistara, run by TATA SIA Airlines Ltd, as its chief strategy and commercial officer. He will be assuming the new role in TATA SIA Airlines in February 2016. Kapoor… Read more »


Law firm Seth Dua adds Gaurav Dhwaj & Upvan Gupta as associate partners

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New Delhi-based law firm Seth Dua & Associates has appointed Gaurav Dhwaj and Upvan Gupta as associate partners of the company, according to a press release. With these new additions, the company has now five partners and four associate partners, as per its website. Dhwaj who is specialised in telecom,… Read more »


Gunit Chadha elevated as CEO of Deutsche Bank’s Asia Pacific region

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Deutsche Bank AG, Germany’s largest lender, has elevated former India head Gunit Chadha to CEO of the Asia Pacific region, it said in a statement, and the move comes even as the bank warned that if faces two tough years of dividend cuts, pay restraint and thousands of job cuts. In his new… Read more »


India: Air carrier SpiceJet COO Sanjiv Kapoor resigns

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Sanjiv Kapoor has resigned as chief operating officer (COO) of SpiceJet Ltd, India’s second-largest low-fare airline, after piloting it through two turbulent years. “It has been a time where we have redefined the rules of the game in the Indian market, where we have broken stereotypes, challenged the status quo,… Read more »