SBI reshuffles top brass
Mumbai: State Bank of India (SBI) has named new chiefs for four of its subsidiaries — SBI Caps, SBI Mutual Fund, SBI Life and SBI Factors — and revamped its top level team in the treasury department.

SBI has appointed R Shridharan as managing director of SBI Capital Markets, who will replace Indrajeet Gupta who retired in August. Shridharan was earlier CMG-Bangalore circle.

US Roy has been named as the new MD and CEO of SBI Life after S Krishnamurthy retires in January '07.

The bank has handed MM Latif charge of treasury operations and Arun Shandelya has been appointed as CFO, primarily in charge balance sheet management.

Anjan Barua earlier the GM of Guwahati circle has been given charge of treasury operations, while N Raja, who has been in charge of treasury till last week, will be heading the Mumbai circle as CGM.

Diwakar Gupta-CGM, Mumbai circle, has been transferred to State Bank of Patiala as CGM while AC Varma, CGM human resources, is tipped to take over as managing director of State Bank of Patiala. This follows the vacancy created by Yogesh Agarwal, who recently moved to head office as managing director-SBI.
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Google India appoints Prasad Ram as CTO
Bangalore: Google has announced the appointment of Prasad Bhaarat Ram as the new chief technology officer (CTO) of its India R&D unit. Before this, Ram was CTO at Yahoo India's R&D unit in Bangalore.

According to a statement issued by Google, Ram will head engineering and site operations at the company's R&D centre in Bangalore.
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