Amitabh Kumar joins Zee Tele
New Delhi: Former director operations of Videsh Sanchar Nigam Amitabh Kumar has joined Zee Telefilms as vice-president distribution and access infrastructure.
Kumar is tipped to be asked to spearhead the sister company Zee Interactive Multimedia’s expansion plans.
Zee has an ambitious plan to build a multi-billion dollar hybrid fibre and coaxial network to provide countrywide interactive multimedia services.
The company had entered an agreement with New Skies Satellites in March to provide 30 megabits of satellite capacity to its proposed gateways in Delhi, Bangalore and Hyderabad for backbone connectivity, primarily for internet services via cable and corporate VPN networks.
With the entry of Kumar, it is felt that Zee might reverse its earlier plan to scale down its backbone from 26 to just four cities.

After his exit from VSNL, there were rumours floating that he would join Reliance Infocom, or take late Dewang Mehta's place as secretary general of NASSCOM.

His innings with VSNL came to an end this June after he was denied extension by the government, which cited Central Vigilance Commission’s recommendation to chargesheet him for `financial and administrative irregularities’.  
Back to News Review index page  

Ashwin Muthiah to run SPIC
Chennai : Ashwin C Muthiah, son of A C Muthiah, has been elected as vice-chairman of the Southern Petrochemicals Industries Corporation Ltd (SPIC), the Rs 2,200 crore flagship company of the M A Chidambaram Group.

He has also been vested with full executive powers to review and run the affairs of the company.

Chairman A C Muthiah identified financial re-engineering and human resource development (HRD) as two crucial issues that need to be tackled on priority basis by Ashwin and added that Ashwin would now head a management sub-committee, which would assist him in running the affairs of the company.
Back to News Review index page  

John Mack, new CEO at Credit Suisse First Boston
Zurich: Credit Suisse Group has appointed John Mack as chief executive of its investment arm, Credit Suisse First Boston.
Mack, 56, a former president of Morgan Stanley Dean Witter, takes over with immediate effect from Allen Wheat, who is leaving "to pursue other interests," according to the group communiqu.
The company also plans to simplify its corporate structure by reducing its operating units to two from the current four.
"John Mack is ideally suited to lead our combined investment banking and asset management business," said group chairman and chief executive Lukas Muehlemann. "He is well known and highly regarded worldwide as an executive with integrity, strategic visions and an intense focus on client needs. As a decisive, fair-minded leader, he knows how to successfully build cohesive, diverse teams with a common vision amid rapid growth."
Back to News Review index page