Lupin gets new HRD president
Mumbai: Rajan Dutta has been appointed president, human resources development at Lupin Ltd. He will lead the human resource and administration functions, a note from the company said.
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Amar Babu, MD, Intel India, to relocate to US
Bangalore: Intel India's managing director — sales and marketing, Amar Babu is said to be moving to the US in a different role.

Babu has spent about four years in the current role.

Babu was the public face for Intel India in the recent times both in terms of its marketing and explaining the position of the company. Intel's sales and marketing office is based in Bangalore and has around 200 people with offices in Mumbai, New Delhi, Chennai, Chandigarh and Kolkata.

In October last Franklin Jones took over as president of Intel India from Ketan Sampat. Apart from overseeing the research activities at the Intel India Development Centre in Bangalore Jones is also responsible for managing its relationship with governments both at the Centre and State levels and its education initiatives.

Intel has announced an investment of $1bn in India and two CEOs of the company have visited India in a span of six months. However, Intel India in the recent past has seen certain negative developments with it having stopped the work on certain processors out of Bangalore as well as firing some of its employees for reportedly producing fake bills.
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Karnataka Bank chief gets extension
Chennai: Ananthakrishna, chairman, Karnataka Bank, who will complete six years in office on July 13, 2006 has been granted an extension for three years. He has completed two terms of three years each. He is the 9th chairman of the bank.

During the last six years, the Mangalore-based Bank almost trebled its business to reach a business turnover of over Rs21,000 crore from Rs7,625 crore six years ago.

Its deposits stood at Rs13,243 crore and advances were Rs7,791 crore as on March 31, 2006. The net profit of the Bank zoomed to Rs176.03 crore from Rs40.71 crore six years before.
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