Barbhaiya to head Ranbaxy R&D
Mumbai: Rashmi Barbhaiya, who holds a senior position in US
drug major Bristol-Myers Squibbs Pharmaceutical Research Institute,
is likely to replace J M Khanna, the current president of R&D at
Ranbaxy. He will be based in Ranbaxys Gurgaon research campus.
Khanna who is also director on the board of Ranbaxy, is scheduled to
retire on 31 July, having already received two extensions to his term.
Barbhaiya is a doctorate with nearly three decades of experience in
the pharmaceutical industry.
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Centurion
promoters quit board
Mumbai: Davendra Ahuja and V S Srinivasan have stepped down
from the board of Centurion Bank.
Two new professionals have been inducted on to the board as
non-executive directors.
They are former comptroller & auditor general C G Somiah and
Kamlesh Vikamsey, a chartered accountant and senior partner of Khimji
Kunverji.
The other director who stepped down is Satish Kaura of Samtel, while
Kanta Ahuja, who served as an alternate director to Kaura, has ceased
to be part of the Banks board following Kauras resignation.
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Vaswani
to head Walden India
Mumbai: Walden International has appointed Dinesh Vaswani as
head of its India operations.
The move follows the exit of the incumbent country CEO, Sudhir Sethi,
who will be joining Hyderabad-based Infotech Enterprises as president
and executive director.
Vaswani, who is currently a general partner based with Walden in the
US, will also assist the firms team in Asia in identifying and
developing cross-border software companies. Vaswani joined Walden US
in February this year.
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SK
Gupta is Vesuvius Chairman
Kolkata: Vesuvius India Ltd has appointed SK Gupta as its
chairman following the resignation of Jahar Sengupta.
Sengupta has cited health
grounds for stepping down as chairman of the company.
Gupta, who becomes the new
chairman from 18 April, is a metallurgical engineer with a doctorate
and D.Sc on ferrous process metallurgy. He was a professor at the
Indian Institute of Technology at Mumbai, founder-director of the
research & development centre of Steel Authority of India Ltd,
chief executive of Mecon and Sails Rourkela Steel Plant.
At present, he is executive
vice-chairman of Jindal Vijaynagar Steel and chairman of Malvika
Steel.
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Dongre
to head Usha Brita
New Delhi: Neelkanth Ratnakar Dongre has replaced Lala Charat
Ram as the head of Usha Shriram Brita Pvt Ltd.
While Lala Charat Ram has
resigned as the chairman of the company as well as from the board,
Dongre has joined the board as the chairman.
Usha Shriram Brita is a 50:50
joint venture between Usha Shriram Furniture Industries Ltd and Brita
of Germany. The company is engaged in the business of water
purification systems.
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Sudhir
Sethi is InfoTech president
Hyderabad: InfoTech Enterprises, the Hyderabad-based software
services company, has appointed Sudhir Sethi, as its president and
executive director.
Sethi has been associated
with the company for the past two years as a non-executive director.
He was earlier a general partner with Walden International Investment
Group, a venture capital firm focusing on technology investments.
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