Syamal Gupta is Tata International chairman
Mumbai: Syamal Gupta, executive vice-chairman of Tata International (formerly Tata Exports), has taken over as chairman of the company's board of directors. He succeeds J.K. Setna, who will continue to be a director of the company.
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Avtar Saini to head Intel South Asia
Bangalore: Avtar Saini, vice president, computing enhancement group, Intel, is to take over from Atul Vijayakar as chief of South Asia operations of Intel.

Mr Vijayakar will shift to the US by mid-2000. Till that time, Mr Saini and Mr Vijayakar will jointly head the South Asia operations. Mr Saini will also head the Intel India development centre that is being set up in Bangalore.
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Goutam Rakshit is ABC chairman
Mumbai: Goutam Rakshit, managing director of Advertising Avenues, has been elected chairman of the Audit Bureau of Circulations, the nodal certifying agency keeping track of circulation figures of Indian newspapers and magazines.

Aroon Purie, publisher and editor-in-chief of India Today, is the deputy chairman.
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Ananda Kumar to head Ambi
Mumbai: A.S. Ananda Kumar of Indsec Securities and Finance has been elected chairman of the Association of Merchant Bankers of India for 1999-2000. Mr Sudershan B. Jain of BoI Finance is the vice-chairman of the association.
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Madhavji is chief of travel agents association
Mumbai: Pradip Madhavji, chairman of Thomas Cook (India), is the new president of Travel Agents Association of India for 1999-2000.

Mr Madhavji currently heads the expert committee on tourism of the Federation of Indian Chambers of Commerce and Industry, and the tourism committee of the Indian Merchants Chamber.
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3 American Indian billionaires
San Francisco: Three American entrepreneurs of Indian origin have achieved billionaire status, according to the Forbes magazine. Rajendra Singh, 45, chairman and chief executive officer, Telecom Ventures, which owns a majority stake in Teligent, the Vienna(Virginia)-based company, is the highest-ranking Indian American. He is about halfway down the list of 400 in terms of wealth, with a net worth estimated at $1.1 billion.

Mr Singh is followed two places later by Sanjiv Sidhu, co-founder and chief executive of Irving(Texas)-based i2 Technologies. Mr Sidhu has a net worth of about $1.1 billion. The third place goes to Vinod Khosla, partner in the Silicon Valley venture capital firm Kleiner Perkins Caulfield & Byers, who has a net worth of $1 billion.

The magazine said Mr Khosla may already be moving much higher in the list. In the last few weeks Kleiner Perkins has seen internet-related companies that it has backed increase significantly in value through acquisitions and initial public offerings.

The fourth ranking Indian in the list is Naveen Jain, founder and president of InfoSpace.com, a former group vice president at Microsoft. Mr Jain, from Bellevue, Washington, has a net worth of $930 million. Also on the list are Michael Chowdry, founder of Denver, Colorado-based Atlas Air, with a net worth of $675 million, and sound system maker Amar Gopal Bose, with $650 million.
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