Retail award for Deveshwar
Mumbai: ITC chairman Y.C. Deveshwar has received the IFA 2001 Retail Visionary of the Year award, instituted by Images, the fashion and retail trade magazine.

Supported by the Confederation of Indian Industry (CII), the Images Fashion Awards for 2001 are based on surveys and nominations by ORG-Marg, and take note of achievements in enhancing product competitiveness in the branding and retailing segment.

Deveshwar has received the award for the corporate and visionary thrust that ITC has imparted under his stewardship to its Lifestyle Retail Business Division (LRBD). The division now has 25 retail outlets (Wills Lifestyle stores) all over the country, sporting the Wills Sport brand of relaxed wear for both men and women. The first Wills Lifestyle store in Mumbai is scheduled to open at Linking Road, Khar, on December 20.
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Two Arvind Mills MDs quit
Ahmedabad: Two of the three managing directors of Arvind Mills Limited (AML) - Mr Niranjan Lalbhai and Mr Samveg Lalbhai - have resigned as part of an on-going internal restructuring programme. The third managing director Sanjay Lalbhai, however, continues to hold his present position.
Niranjan Lalbhai has now been appointed as the managing director of Arvind Brands Limited, a Bangalore-based 100 per cent subsidiary of the Arvind Mills Limited (AML). Arvind Brands is a leading readymade garment company manufacturing and marketing garments with several brands as Flying Machine, Ruggers, Lee, Arrow, Wrangler, NewPort and Excalibur.
Samveg Lalbhai has been shifted to another group company of AML, Atul Limited, as its managing director. Atul Limited is one of the leading dyes and chemicals company with a turnover of over Rs 500 crore.
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Lalit Suri, HAI president
New Delhi: Lalit Suri has been unanimously elected president of the Hotel Association of India for a two-year term.
Leading hoteliers including the heads of Oberoi and Taj Groups and ITC hotels, P R S Oberoi, R K Krishna Kumar and S S H Rehman respectively, were elected as corporate members in the newly constituted executive committee of the HAI.

Priya Paul of Park Hotels was elected vice-president of HAI.
In his presidential address, Lalit Suri said it was important to take corrective measures to ensure that the decline in tourist arrivals following terrorists attacks on US and war in Afghanistan does not result in the vast infrastructure of hotels getting decimated.

Outlining his agenda, Suri stressed the need to rationalise tax structure in hotels.

He said HAI would also work on building up infrastructure for the industry and step up the pace of construction of 50,000 additional hotel rooms required to accomodate an estimated 3.5 million tourists projected in the 10th plan period.
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