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Jubilant FoodWorks President & CFO, Ashish Goenka, Resigns Amidst External Opportunity

Jubilant Foodwroks’s president and chief financial officer (CFO) and key managerial personnel (KMP), Ashish Goenka on Monday resigned from the company’s services. His last working day as the CFO and KMP of the Company would be 15 December 2023, the company’s regulatory filing said. “I hereby tender my resignation from the position of President & […]

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Brands Companies Electronics News People

HCLTech Names Sonia Eland EVP, Country Manager For Australia & New Zealand

HCL Technologies (HCLTech) has appointed Sonia Eland as the executive vice president and country manager for its Australia and New Zealand operations, effective from 1 April 2024. Eland will succeed Michael Horton, who, after nearly 10 years, transitions to a consulting role. During his tenure, Horton played a crucial role in establishing HCLTech as a […]

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Dabur Group Chairman And Director Booked In Mahadev Betting App Case

Mumbai Police have registered a case against 32 people including Director of Dabur, Gaurav Burman and company chairman Mohit Burman in connection with Mahadev betting app under various sections of fraud and gambling. According to the First Information Report (FIR), Mohit Burman has been listed at 16 number while Gaurav Burman is at number 18 […]

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Brands Companies E-commerce & Marketplaces News People

Amazon Lays Off 180 Employees In Games Division

Amazon.com has initiated another round of layoffs, signaling a broader restructuring within the company. The online retail and digital streaming giant has cut approximately 180 jobs in its games division, marking the second wave of layoffs in less than a week. The decision was communicated through an internal email from Christoph Hartmann, the vice president […]

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Lala Kedarnath Aggarwal, Founder Of Bikanervala, Passes Away At 86

Lala Kedarnath Aggarwal, the person who used to sell snacks like bhujia and rasgullas in buckets on the streets of old Delhi, has passed away at the age of 86. He later went on to establish the well-known sweets and snacks brand called Bikanervala. “Marked the end of an era that has enriched palates and […]

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Brands Companies Electronics News People

Lava Appoints Sunil Raina As Interim MD Following Co-founder’s Arrest

Lava, the homegrown mobile phone brand, has named Sunil Raina as the interim managing director, effective immediately, following board approval. This decision follows the arrest of co-founder and managing director Hari Om Rai in a money laundering case investigated by the enforcement directorate. Upon this promotion, Raina is set to become a full-time director pending […]

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No Plans For Menswear: Libas To Focus On Cross Categories For Next 4-5 Years

Selling something and building the brand are two different things Says Sidhant Keshwani, Founder of Libas. After finishing his graduation in economics from the University of Manchester, Sidhant Keshwani, took the reins of his family-owned brand, Libas as CEO in 2013. After he took over, the company’s turnover increased many fold from Rs four crore […]

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Rachita Gupta Takes Over As Vice President-Communications At ONDC

Open Network for Digital Commerce (ONDC) recently appointed Rachita Gupta as Vice President of Communications. In her current role, Gupta is entrusted with leading the Communications function with a clear mandate to build the brand of ONDC and drive leads for network expansion. A seasoned marketing professional, equipped with an MBA from IMT, Ghaziabad, and […]

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Byju’s Loses CFO As Ajay Goel Resigns, Rejoins Vedanta

Ajay Goel, Byju’s Chief Financial Officer (CFO), has resigned just six months after joining the ed tech firm, to return to his previous company Vedanta, which just announced a significant demerger that separated its business into six organisations, according to media reports. Byju’s previous CFO, PV Rao, resigned in December 2021, and Goel was appointed […]

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Wagh Bakri’s Parag Desai Dies In Tragic Road Accident

The Executive Director of the famous tea brand Wagh Bakri, Parag Desai passed away in a tragic road accident on Sunday. Desai was also 4th generation entrepreneur at the Wagh Bakri group. Desai was a famous tea tester and a leading international businessman who had also years of experience in sales & marketing. He had […]

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