KPMG India ED quits
Mumbai: KPMG Indias executive director and partner Dhanpal Jhaveri has put in his papers.

Jhaveri will join ICICI Securities as the head of its mergers and acquisitions advisory business on 1 April.

Meanwhile, Zee Telefilms chief financial officer Rajesh Jain, who put in his papers recently, is joining KPMG as the head of the corporate finance advisory practice and will be taking over Jhaveris responsibilities.
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Mallya, Laloo make it to RS
New Delhi: Liquor baron Vijay Mallya, former Bihar chief minister Laloo Prasad Yadav and former union minister Dilip Ray have won the Rajya Sabha biennial elections.

Prominent among those elected to the Rajya Sabha are former Union ministers Janardan Poojary, Abrar Ahmed, senior Congress leader Murli Deora, union minister VP Goyal and Videocon chairman RN Dhoot.

Film star and BJP nominee in Bihar Shatrughan Sinha managed to stay on in the House by garnering 37 votes, one more than the effective strength of the party in the 243-member Bihar assembly while JMM leader Shibu Soren, whose party badly lacked the number to win, romped home comfortably with the help 14 surplus votes in the Jharkhand assembly.
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New directors on Agro Tech board
Hyderabad: Two independent non-executive directors have been inducted into the 9-member board of Agro Tech Foods Ltd, a wholly-owned subsidiary of the global food major ConAgra..

The new directors, Howard G. Buffet and D.B. Singh, would fill the vacancies caused by the resignations of Thomas Manuel and Hamish McBain.

A businessman from Illinois, Buffet is the president of the Howard G Buffet Foundation, Buffet Farms and BioImages, a photography and publishing company.

D. B. Singh is a retired general officer of the Indian Army. The other directors of Agro Tech's board are Larry Carter (chairman), Mike Sullivan, R.V. Smither, Rajiv Tandon, K. Vaidyanath and Tushar Chugdar (wholetime director).
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Top-level changes in Murugappa group
Chennai: The Murugappa group has announced a few top-level changes.

The group decided that all investments in insurance will be made primarily through Cholamandalam Investment and Finance Co (Cifco) and Tube Investments of India Ltd. Consequently, M.A. Alagappan, who has been actively involved with the group's financial services initiatives from the beginning, will be the chairman of both Cifco and TII.

M.M. Venkatachalam, who was spearheading the group's HR activities, has now assumed responsibility for building the group's IT-enabled businesses.

At present, the Murugappa group has three initiatives in the IT-sector, all of which came into the group's fold through acquisitions.
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Sanjiv Gupta is Coca-Cola India dy president
New Delhi: Coca-Cola India on Wednesday announced appointment of Sanjiv Gupta as the deputy president with effect from 1 April.

Gupta will continue to head the bottling operations of Coca-Cola India, the company said in a statement here.

Gupta joined Coke in 1997 as marketing director and is credited with several new initiatives like introducing locally-relevant marketing and advertising campaigns, using Indian celebrities in ad campaigns, focusing on the full portfolio of brands and region specific campaigns.
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