With the new role, Mishra will become a key person at Flipkart as she will overlook the operations of up and coming Minutes, the quick commerce arm of Flipkart and Mobiles, a key revenue driver for the company.
KICL came under Ahmed-led management a few years ago. Under his leadership, KICL has emerged out of its debt and made forays into areas such as drones and footwear
Both roles were already transitioned six months ago to Varun Jain, as COO India, and, Gautam Swaroop, as CEO OYO Vacation Homes, respectively, the company said.
Industry veteran YS Kim will now take on an expanded role of leading sales, D2C and charging network charter for Ola Electric; Vinay Bhopatkar moves on from the company
The Wall Street bank named Viswas Raghavan and James Casey as joint heads of its global investment banking unit
"Consolidated debt remains unchanged, but platform apps move onto investor radar, clarity on corporate structure improves and interest capitalization concerns lessen," Morgan Stanley said in a report on Monday.
Sources say top Birla officials are meeting large shareholders of Grasim and AB Nuvo and reviewing their feedback. The process is likely to go on for few more days.
Aditya Birla Group is gearing up for a rejig and is realigning its business verticals such as Grasim, AB Nuvo and AB Money, according to the people in the know of the group. The aim is to focus on core assets, while diversifying and expanding into growth sectors, reports CNBC-TV18's Kritika Saxena.
Prime Minister Narendra Modi has commenced a meeting with top secretaries as well as council of ministers as part of his PRAGATI initiative in which he takes stock of performance of various ministries.
Sankaran has an experience of over two decades in the industry. Prior to this appointment, he was working with HDFC bank as a senior leader in the wholesale bank, a media statement said
In an interview to CNBC-TV18, Menaka Doshi, corporate editor, CNBC-TV18 says it is important to know if the Rs 3,500 crore paid by Ambuja to Holcim amount to a selective buyback and and if a majority of the minority shareholders will support this deal?
In a major organisational restructuring, telecom giant Bharti Airtel today split its business into eight segments with a view to build a more connected organisation.
HCL Technologies on Tuesday denied reports that there was any management rejig on the cards and said Vineet Nayar would remain the vice chairman and chief executive of the company.
Air India may soon get a fresh lease of life. The aviation ministry has begun work on preparing a cabinet note on the airline's restructuring and even as banks have agreed to broad terms of the restructuring package, reports CNBC-TV18's Mehak Kasbekar quoting sources.
As the country is witnessing a series of scams, the government has begun an ambitious exercise to rejig the snoop mechanism and synchronise the databases of economic intelligence and enforcement agencies.