Britannia Appoints New CEO And Executive Vice Chairman
The packaged food company Britannia on Friday named Ranjeet Kohli as the company’s new chief executive officer (CEO) with effect from September 26, 2022. At the same time, Varun Berry, the company’s current managing director, has been appointed as Executive Vice Chairman and Managing Director with immediate effect. “I am delighted to welcome Rajneet to…
RBI Approved Appointment Of Pralay Mondal As CEO Of CSB
CSB Bank Limited received the approval for the appointment of Pralay Mondal as the Managing Director and Chief Executive Officer from the Reserve Bank Of India (RBI) on September 15, 2022. The appointment was announced in the meeting held on the same day with the Boards of Directors. Pralay Mondal’s appointment as MD and CEO…
Microsoft Eliminates 1800 Employees As A Part Of Structural Adjustments
Microsoft has cut off 1800 employees across different groups as a part of its structural adjustments. The company states that it cuts some jobs to realign business groups and roles after the close of its fiscal year on June 30. It also added that Microsoft would continue to hire new employees and conclude the current…
Rajesh Nambiar, Cognizant’s Executive Officer, Loses Position
Cognizant has notified its shareholders that Rajesh Nambiar is ceased to serve as the ‘Executive Officer’ of the Digital Business & Technology vertical of the company, effective from July 6, 2022. According to the reports, his compensation will be adjusted in accordance with the salaries of the non-executive officers of the company. Nambiar, however, will…
Byju’s Conducted Fresh Round Funding Worth $22 Billion
Edtech company Byju’s acquired Aakash Educational Services in a cash and stock deal in April last year for $1 Billion, for which it has delayed payments. Byju’s was supposed to close the transaction in June but has extended the payment timeline to August, sources said, but it was delayed due to some internal reason. Now,…
PN Vasudevan Resigns As MD And CEO Of Equitas Bank
Equitas Small Finance Bank’s managing director and chief executive officer, PV Vasudevan, informed the board about his resignation on Thursday. Vasudevan is the founder of the Equitas Small Finance Bank. The board, in its meeting on 19th May, has taken the letter on record and wishes to take his deep contribution over the years on…
Campbell Wilson Appoints As CEO & MD Of Air India
Tata Sons announced the appointment of Campbell Wilson as CEO and MD of Air India. The Mumbai-based conglomerate completed its acquisition of the state-owned national carrier in January. Since then, the position has been vacant, and the company has been searching for a person to lead the airlines. The decision comes after the appointment of…
Doodles NFT Appoints Julian Holguin as New Partner And CEO
Doodles, a leading web3 NFT, media & entertainment brand, announces the appointment of a new partner and CEO. The company named Julian Holguin for this designation, and he will be responsible for talking Doodles imagination vision to scale growth and expansions in the mainstream consumer market across music, culture and entertainment. For this role, Holguin…