Rallis
India MD Rajiv Dubey quits
Mumbai: Rajiv Dubey, managing director, Rallis
India has resigned, citing personal reasons.
However,
the company's board has yet to accept his resignation.
Dubey
was earlier managing director of Tata Metaliks and was
inducted into Rallis as the chief executive officer in
late 2000, replacing the late Darbari Seth's protégé
Vijay Rai.
Rajiv
Dubey came into Rallis when it was reeling under heavy
losses, and initiated a few restructuring measures, which
included rationalising operations, financial restructuring,
selling real-estate properties and unloading non-core
businesses.
Back
to News Review index page
|