Thulasidas may be made CMD of merged airline
New Delhi: The name of V. Thulasidas has been proposed for the post of CMD of the new airline to be created by the merger of Air India and Indian. The chairman and managing director of Indian, V Trivedi, is likely to be second in command at the new airline.

The appointments have to be approved by the Cabinet Committee on Appointments before the decision can be implemented.

The merger cleared by the Union Cabinet on March 1 this year, is to be completed in the next 18-24 months and lead to a creation of an airline having a fleet of 111 new aircraft.
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Interim COO to be appointed for Delhi airport
New Delhi: Andrew Harrison will takeover as interim Chief Operations Officer (COO) of Delhi International Airport from Ioannis Papastefanou, the current COO, on April 30.

Papastefanou stepped down as COO, DIAL, due to personal reasons which necessitate his presence in his native, Athens according to a statement from DIAL.

Papastefanou will, however, continue to provide his expertise as Advisor - Airport Operations to the GMR Airports business including Delhi International Airport Private Ltd and GMR Hyderabad International Airport, the statement added.
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HSBC India reshuffles top brass
Mumbai: HSBC India is reshuffling its top brass. Rajnish Bahl has taken over from Nicholas Winsor to head the personal financial services division of the bank in India.

Bahl is at present heading the branch-banking and wealth management businesses in India. Winsor is said to be moving over either to head the consumer finance business of the bank in Brazil or to head the Thailand operations.

Punit Chadha, who heads the credit cards and retail assets business in India, will take over as the head of commercial banking business in India replacing Subir Mehra.

Mehra, who was heading the commercial banking operations in India, is being transferred to Hong Kong where he would be looking at devising strategies for the commercial banking operations within Asia-Pacific.

For HSBC India has reported the highest growth in organic profits among emerging markets like Mexico, Middle East, and Brazil which reported profit growth of 9 per cent, 25 per cent and 30 per cent respectively. China reported a growth of 112 per cent to $708 million.
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