Mr. Ganesh Natarajan puts in
papers at Aptech
Mumbai: Mr. Ganesh Natarajan, managing
director of Aptech Ltd. is belived to have has tendered his resignation at a meeting of
the board of directors of the company in Mumbai on Tuesday. A press release issued by the
company said: "It has come a surprise to us as well and we are not aware of the
reasons for this resignation"
Mr. Natarajan will however, continue to be
associated with the operations of BConnectBWorldwide Ltd., a subsidiary of Aptech Limited
as a director. The Board has appointed Mr. Pramod Khera, executive director as acting
chief executive of the company. Mr. Abhay Sinha, executive vice president will be the
acting head of the software business.
Back to News Review
index page
Mr. Narayana Murthy chosen
" Businessman of the Year"
New Delhi: Mr. Narayana Murthy, chairman and CEO of Infosys Technologies Ltd. has been
chosen as Business Standards "Businessman of The Year." Mr. Narayana
Murthy emerged as the number one choice in a poll conducted by the business daily paper
early this month. As many as 10 CEOs of top BS 1000 companies were shortlisted for the
poll and the senior editorial staff of Business Standard judged them on the
criteria of leadership, vision, commitment to corporate governance, new forays and
creation of shareholders value.
Back to News Review
index page
Four GIC subsidiaries get new
heads
Mumbai: The finance ministry has announced new heads at the four state-owned general
insurance companies. Mr. K N Bhandari has been appointed chairman-cum-managing director
(CMD) of New India Assurance Company and Mr. M K Tandon will head National Insurance
Company. Mr. B D Banerjee, a GIC managing director and the acting head of Oriental
Insurance Company, will now formally be at the helm. Mr. R Jaganathan will head United
India Insurance Company. The four heads will take charge of their positions on March 1.
The appointments have been announced
at a crucial time as the four subsidiaries are likely to be delinked from the parent
General Insurance Corporation of India (GIC).
Back to News Review index
page
|