HLL's first Indian Chairman Prakash Tandon passes away
Mumbai: Prakash Lal Tandon, the first Indian Chairman of Hindustan Lever Ltd (HLL), passed away on Monday in Pune after a prolonged illness. He was 93 and is survived by two sons and a daughter.

Tandon was the first Indian to be appointed as a director on the board of HLL on October 13, 1956. Thereafter, he became the first Indian vice-chairman of the company in 1960 and led it between 1961 and 1968 as the chairman.

After an early retirement from the services of the company, Tandon was associated with the State Trading Corporation, Punjab National Bank and the NCAER in senior positions. Tandon was a chartered accountant by profession from the University of Manchester.

Remembering Tandon, the HLL Chairman, M.S. Banga, said, "Prakash was a truly visionary leader… He, of course, made a very significant contribution to HLL. Even more, he will be remembered for his contribution to the world of Indian management and thinking."

Former HLL chairman Dr Ashok Ganguly, said that he was a legend in his time. "He established standards and norms for corporate conduct, governance and social conduct that have now become popular and fashionable around the world."
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V. Krishnamurthy appointed Chairman of NMCC
New Delhi: The Government on Wednesday appointed V. Krishnamurthy as Chairman of the National Manufacturing Competitiveness Council (NMCC). He will hold the rank and status of a Union Cabinet Minister, an official statement said here.

NMCC, which is being envisaged as an apex body, will provide inputs for policy ranking as well as suggest measures for enhancing the competitiveness of industry. Included in its role is identification of manufacturing sectors which have potential for global competitiveness, their problems and constraints; evolving sector-specific strategies for enhancing the competitiveness of manufacturing sector; recommending measures to create common infrastructure and facilities such as testing, quality and design; providing forum for dialogue between the public and private sectors and labour.
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