Radhakrishnan
is MD of Bharat Shell
Mumbai: S. Radhakrishnan has taken over
as managing director of Bharat Shell, a joint venture
between Bharat Petroleum Corporation and Shell Overseas.
The present managing director and country chairman of
the Shell group of companies in India, Vikram Singh Mehta,
has been elected chairman of the board in place of Adrian
Loader.
Lynn Elsenhans, president,
Oil Products East, Shell International, has also been
inducted as a director of Bharat Shell.
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Kothari
to forego salary
Chennai: B.H. Kothari, chairman and managing
director of Kothari Sugars and Chemicals, has announced
that he will not draw a salary from his ailing flagship
company. Mr Kothari made his announcement at the 38th
annual general meeting of the company.
Shareholders of the company
were critical of the performance of the company, with
its accumulated losses touching Rs 103 crore in 1998-99.
Some of them had even opposed the reappointment of Mr
Kothari as chairman and managing director.
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Oberoi
is Seagram CEO
New Delhi: Param Oberoi is the new chief
executive of the Indian operations of Seagram, the global
alcoholid beverages major.
Mr Oberoi replaces Ashok
Swarup as the president of Seagram Manufacturing. Mr Swarup,
who was appointed president in January 1999, has been
re-designated as a director of Seagram, Asia Pacific.
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