Two senior-level vacancies filled
in Sebi
Mumbai: Securities & Exchange Board
of India today appointed R M Joshi, the Reserve Bank of India's chief general manager, in
charge of inspection (Mumbai region) in the department of banking operations and
development (DBOD).
Officials at Sebi said that Joshi's
portfolio has not been decided yet.
V Rangarajan, a former RBI executive
director has been appointed officer on special duty (OSD) He will be Sebis pointman
for co-ordinating with the Joint Parliamentary Committee (JPC).
Sources said the crucial investigation and
surveillance portfolio, falling vacant after L K Singhvis departure from Sebi, will
go to a deputee from the revenue services or enforcement directorate or someone having
expertise in handling economic offences.
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MD of Tupperware India is CFO of
parent outfit
New Delhi: Pradeep Mathur
managing director, Tupperware India has been moved to the position of chief financial
officer in the US.
Mathur has been credited with making India the best start-up market in the 50-year-old
history of the company.
While this speaks volumes for the growing global recognition of Indian talent, it also
highlights the importance of the Asiapac market for future growth.
Says Mathur the markets that have been identified by the company for maximum future growth
prospects are China, India, Russia and Indonesia s these account for over half the
worlds population and Tupperware can be sold to over 200 million households in just
these four countries
Given that the average price of a piece of Tupperware is about $5, even if one piece is
sold per household, it translates into revenues of $1 billion.
Tupperware has saturated its traditional markets in the US, Japan, Australia and Western
Europe.
In the US, its strategy is focussed on
trying to expand products and product categories. It is also developing integrated
channels of access to the customer.
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