Ratan
Tata may be appointed on Fiat board
New
Delhi: IFIL, an Agnelli company that owns 30 per cent
of Fiat and is the largest shareholder in the Italian
car maker, wants to appoint Tata Motors chairman Ratan
Tata on Fiat's board as an independent director.
The company has proposed Ratan Tata's name as one of the
eight independent directors on the 15-member board for
2006-08.
If Tata is co-opted on the Fiat board, he will join a
small band of Indian CEOs on the boards of large multinational
corporations.
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Virtusa
appoints new HR head
Hyderabad: Virtusa Corporation has appointed T.N.
Hari as vice-president and global head of human resources.
He will be part of the team in Virtusa's Hyderabad Advanced
Technology Centre.
Before
joining Virtusa, Hari served for nearly four years at
IBM-Daksh, where he ran HR and played a key role in the
integration of Daksh with IBM and the subsequent emergence
of IBM-Daksh as India's biggest third-party BPO company.
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R.
Seshasayee is CII President
New Delhi: R. Seshasayee, managing director of
Ashok Leyland, has taken over as president of the CII,
succeeding Y.C. Deveshwar of ITC. Prior to this Seshasayee
served as director in ICICI Bank, EID Parry India and
Sundaram Asset Management Co.
A
chartered accountant by qualification, he has been a member
of the CII National Council for over 20 years. Recently,
he took over as chairman of the board of governors of
the National Institute of Technology, Tiruchi.
Sunil
Mittal, chairman and group managing director, Bharti Enterprises,
has been elected vice-president of the chamber. He also
serves on the board of CII's National Council.
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Ramaswamy
is SAFA vice-chairman
Coimbatore G. Ramaswamy, central council member of the
Institute of Chartered Accountants of India, has been
nominated as vice-chairman of the South Asian Federation
of Accountants (SAFA). SAFA is a forum of professional
accountancy bodies. The member bodies of SAFA include
the chartered and cost and management accountants institutes
in Pakistan and Bangladesh, the Institute of Chartered
Accountants of India and the Institute of Cost and Works
Accountants of India, and the chartered accountants institutes
in Sri Lanka and Nepal.
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