Manchanda takes over as ITDC Chief
New Delhi: M S Manchanda, a hotel industry veteran, has assumed charge of the post of Chairman and Managing Director of the state-owned India Tourism Development Corporation (ITDC).

Fifty-five-year-old Manchanda, an ITDC Vice-President in charge of hotels, took over from senior IAS officer Rajeev Talwar, who will continue to be Additional Director-General of Tourism in the Central Government.

Joining ITDC as a management trainee in 1971, Manchanda has held several positions in ITDC and risen through the ranks. A graduate from Delhi University, he holds a specialised degreee in Hotel Management and Tourism from Klesheim, Salsburg, Austria.
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SAIL director Roongta goes on leave
New Delhi: The Steel Authority of India Ltd (SAIL) Director (Commercial), S.K. Roongta, has proceeded on a month's leave following preliminary enquiries by the Ministry of Steel regarding SAIL's purchases of coal.

A number of purchase transactions between April to August 2004 in the US spot market were being looked into by the Steel Ministry.

It has been alleged that though coal was available at a much lower price, the public sector steel manufacturer had actually made purchases at a price that was more than 100 per cent higher.
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Vinod Dasari takes over as COO at Ashok Leyland
Chennai: Vinod K. Dasari has joined Ashok Leyland Ltd as its Chief Operating Officer, and will head the company's manufacturing, strategic sourcing and corporate quality engineering divisions, according to an Ashok Leyland press release.

S. Nagarajan, at present Executive Director - Manufacturing, will take charge as Executive Director - Projects.

A postgraduate in Engineering Management from the McCormick School of Engineering and an MBA from the Kellogg School of Management, 39-year-old Dasari was till recently Joint Managing Director of Cummins India Ltd.

Dasari commenced his career with the General Electric Company in 1986 and joined Timken USA as Senior Business Analyst - Manufacturing and Strategy, after completing his MBA in 1992.

He then moved to Timken's Indian operations as Director of Manufacturing and Technology. In 1998, he was appointed Managing Director of Timken India. He served as the President of the Global Railroad business of Timken USA for two years, before joining Cummins in 2002.
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