Parag Milk Foods, a manufacturer and marketer of dairy-FMCG products, appointed Sumit Jain as President of Finance. With an extensive background in financial management and a track record of success, Jain brings a wealth of expertise to the organisation. A Chartered Accountant, Jain achieved an All India Rank of 18 in 2012 and an All […]
Pernod Ricard India has named Gagandeep Sethi as its head of sustainability and responsibility (S&R), in addition to his current position as senior vice president of integrated operations. In his new post, Sethi will head the social responsibility and sustainable development activities, according to the company release. “Gagandeep has played a pivotal role in driving […]
Pidilite Industries, an adhesive and construction chemicals company, revealed on Thursday the appointment of Sudhanshu Vats as Managing Director designate. According to a statement from Pidilite Industries, incumbent Bharat Puri would step down in April next year after serving as Managing Director. The board of Pidilite Industries, which manufactures Fevicol, Dr Fixit, Fevikwik, and M-Seal, accepted Vats’ […]
The World Gold Council on Tuesday selected Sachin Jain as its new CEO for India. Jain, who will take on the new post next month, has extensive knowledge of the Indian consumer and jeweller markets. He arrives from De Beers, where he held many top positions over the last 13 years. As managing director of […]
Paytm said on Monday that Vijay Shekhar Sharma stepped down as non-executive chairman and board member from its payments bank, as the troubled digital payments startup restructured its board following a central bank crackdown. According to the media report, the action against Paytm Payments Bank was prompted by “serious supervisory concerns,” such as inadequate customer […]
Abhishek Shetty has joined Swiggy as a marketing lead, where he will oversee operations for Swiggy Instamart and private brands. Shetty announced the appointment on his LinkedIn. He stated, “Excited by the opportunity to contribute to a dynamic and innovative company that is revolutionizing the way people experience convenience and accessibility in their daily lives. […]
Venu Nair, former MD of Shoppers Stop, has joined apparel marketplace Myntra as chief of strategic planning and omnichannel, effective Wednesday. He would be reporting to Myntra’s CEO, Nandita Sinha. Nair resigned from his role as Shoppers Stop’s managing director and CEO on 3 August 2023, owing to personal circumstances. He has led the firm since […]
Adani Wilmar has appointed Jignesh Shah as the new head of media and digital marketing. Shah, with over 20 years of experience, including a decade at Adani Wilmar, will be responsible for strategic promotion across the company’s flagship brand, “Fortune,” and other popular brands in the oil and food portfolios. Alongside this role, Shah will […]
Cisco has disclosed plans to trim its global employee count by 5 per cent, equivalent to over 4,000 positions, as part of its strategic response to navigating a challenging economic landscape. The decision arrives amidst a broader trend of tech firms grappling with economic uncertainties, leading to significant layoffs across the sector. The announcement of […]
Amazon founder Jeff Bezos sold around 12 million shares of the online retail and cloud services firm for over USD 2 billion, according to a company filing on Friday, shortly after laying out a plan to sell his shares over the next year. The sale took place on Wednesday and Thursday, according to the fillings. Last week, Amazon […]
