news


Kalamankar at SBH helm
Hyderabad: State Bank of Hyderabad, one of the associate banks of State Bank of India, has announced that A.G. Kalmankar has assumed charge as its new managing director on Friday. In a press release here, the bank said Kalmankar joined SBI as probationary officer in 1968 and served the bank in various capacities as deputy general manager, general manager, as vice-president at the Flushing Branch of New York. Apart from having worked as the chief general manager of SBI in the North East Circle, he also served the State Bank Staff College, Hyderabad, as its chief general manager and principal.
Back to News Review index page  

SABMiller restructures operations into 3 regions
Bangalore: SABMiller has restructured its domestic operations following the management takeover of Shaw Wallace Breweries Ltd. The multinational has divided the market into three regions - South, West and North - under separate operational directors.
r Dave Kvalsvig will head the Southern operations, which will cover the biggest beer consuming States of Andhra Pradesh, Tamil Nadu, Karnataka and Kerala. T.J. Venkateswaran will manage the Western region, consisting of Mumbai and Maharashtra as the main markets. Vinod Giri, who heads national marketing, will temporarily take charge of the Northern markets till a replacement is effected.
Back to News Review index page  

Coal India files caveat
Kolkata: Pre-empting that N.K. Sharma, the suspended chairman of Coal India Ltd (CIL), may take legal steps to challenge his suspension order, the management of CIL has filed a caveat in court to ensure that no ex-parte order is given by any court in the country, it is learnt from authoritative sources. As directed by the bosses in the union ministry of coal and mines, Sharma's nameplate on the door of his office chamber at 10, Netaji Subhas Road is being removed. The nameplate of the acting chairman, Lakshmi Chand, is being put up in its place. Chand is arriving in the city today (Saturday) to attend the meeting of chairmen and managing directors of all CIL's subsidiaries.
Back to News Review index page  


 search domain-b
  go
 
domain-B : Indian business : News Review : 7 June 2003 : people