News makers:

15 May 2000

Earlier, a little less than a month ago, Mr. R. Santhanam, the company's executive vice president had resigned. After Santhanam's exit, the CK Birla-led management placed the Lancer project under Mr. Rao while the Ambassador project and the Uttarpara plant in West Bengal were placed under executive director Mr. A Sankarnarayanan.

18 May 2000

BMA award for Kumar Mangalam Birla
Mumbai: AV Birla group chairman Kumar Mangalam Birla has been named 'Management man of the year' for 1999-2000 by the Bombay Management Association. The award will be conferred on him on 26 May 26 at the BMA's annual general meeting.

16 May 2000

Major top-level reshuffle at ICICI, banks and other financial institutions
Mumbai: The banking sector has been witnessing a slew of changes in the top echelons.

ICICI, which leads the pack, has recently promoted three general managers to the posts of senior general managers.

Ms. Chanda Kochhar will now head the infrastructure industry group, major clients group, structured products group, advisory services group and the strategy group of ICICI.

Mr. Nachiket Mor would continue to be in charge of the treasury, e-commerce group and the newly-formed social initiative group.