Siddharth Shriram steps down as Siel chairman
New Delhi: Siddharth Shriram has stepped down as the chairman and managing director of Siel Ltd, paving the way for his son Krishna.

Siddharth Shriram will continue to serve the company as its president.

Siel is a leading sugar producer of the country. For the quarter ended September 2001, the company had reported a turnover of Rs 118.79 crore and a loss of Rs 3.6 crore.

Siel has three fully-owned subsidiaries -- Siel Industrial Estate Ltd, Transiel Ltd and SFSL Investments Ltd -- and two other subsidiaries: The Jay Engineering Works Ltd in which it holds a 82.74 per cent stake and Siel Financial Services Ltd which is owned 93.56 per cent by Siel.
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Reckitt chief quits
New Delhi: Reckitt Benckiser India Ltd (RBIL) managing director Pranab Barua has resigned amid reports that the firm could not meet its growth targets for 2001.
CM Sethi, who headed Reckitts Nigeria operations, has replaced Barua as the new MD.
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Top Cisco executive joins Enterasys
New Delhi: Cisco Systems top executive Gary Jackson has joined the rival the rival enterprise networking company, Enterasys Networks.

Jackson, who was vice-president of Ciscos Asia-Pacific operations until recently, joined Enterasys last week. He will be heading Enterasys' Asia-Pacific operations and replace Gary Workman as president Asia-Pacific.

As a key Cisco executive, Jackson also looked after the Indian operations.

Enterasys Networks is a provider of communications infrastructures for enterprise customers and is seen as a challenger to Ciscos dominance in this segment.
In his new role with Enterasys, Jackson will be responsible for executive management of all aspects of the companys operations in Asia-Pacific, including sales, service and strategies to grow the companys business throughout the region.
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ICICI Lombard chief resigns
Mumbai: ICICI Lombard General Insurance Company chief executive Sanjiv Kerkar has quit. ICICI chief general manager Sandeep Bakhshi, who heads the institutions credit operations in New Delhi, will hold charge until a new chief is recruited.

Kerkar, who was heading the risk management division in ICICI, was appointed as the head of the non-life firm last year when the company submitted its proposal to IRDA to set up a non-life company.
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