Sutirtha Bhattacharya

When Sutirtha Bhattacharya takes charge as the chairman & managing director of state-owned Coal India, the government will have started e-auction of coal mines to private players and opened the sector for commercial mining, and his company's unions will be on an indefinite strike against the move. He will have to battle the old charges of inadequate output and low efficiency against the world's largest coal miner. Coal India may be a Maharatna, a super jewel, but for Bhattacharya it could be a crown of thorns.Coal India has been without a full-time CMD for almost six months now. The last incumbent, S Narsing Rao, resigned in May. The government advertised for his successor aggressively, spending around Rs 1.5 crore on the effort. It received a lukewarm response and negligible participation from the private sector. As a result, the applications were fewer than expected. Among those shortlisted were IAS officers from Jharkhand, Madhya Pradesh and Manipur and an executive of the India

Newsmaker: Sutirtha Bhattacharya, Coal India

Business Standard

SpiceJet, the budget airline that the 50-year-old chairman and managing director of Sun Group owns, is in trouble

Newsmaker: Kalanithi Maran faces turbulent weather with SpiceJet

BS Reporter

Khosla talks about his passions, investments and the Indian start-up ecosystem

Technology is my only religion: Vinod Khosla

Travis Kalanick

In places, where Uber has been banned, it is defying the orders and continuing to operate or is trying to negotiate its way back on to the roads

Newsmaker: Travis Kalanick, Uber

Harald Krueger, would be the youngest CEO of a major carmaker when he takes over in May 2015

BMW's new CEO sets fresh auto course

Bloomberg

Harsh Chitale

IT company HCL Infosystems today said its Managing Director and CEO Harshavardhan Madhav Chitale has resigned from the company.
     He will remain with the company till this month-end and Director and Executive Vice-Chairman of HCL Infosystems Premkumar Seshadri will take charge as MD, the company informed stock exchanges.
     "Harshavardhan Madhav Chitale has resigned as Managing Director & CEO and as Director of the company with effect from close of business hours on December 31, 2014. The Board has in its meeting held on December 8, 2014, approved his resignation," the regulatory filing said.
     Premkumar Seshadri, the Director and Executive Vice-Chairman has been appointed as Managing Director of the Company w.E.F. January 1, 2015, it said.
     His designation will be 'Executive Vice-Chairman & Managing Director', the company said.
	Shares of the company were trading at Rs 58.65, down by 9.49 per cent, on BSE.

HCL MD Harsh Chitale resigns; Sheshadri to take charge

Press Trust of India

Piyush Tewari, the force behind a petition seeking introduction of a Bill in the current session of Parliament to make road safety an integral part of the Motor Vehicles Act, could have been a PE fund hotshot

The man who chose to change the rules of the road

Anil Agarwal

Anil Agarwal has pledged three-fourths of his wealth to philanthropy. Will he deliver?He is Marwari, was born and brought up in Patna, got started in business in Mumbai, now lives in London's stylish Mayfair and is fabulously rich: his net worth is $3.5 billion. These days he feels inspired by the public works funded by Andrew Carnegie and David Rockefeller. Anil Agarwal, the 60-year-old chairman of London-headquartered Vedanta Resources, wants to be counted amongst the world's top philanthropists. In September, Agarwal announced that he would give away 75 per cent of his wealth to charity. He said he took the decision after a meeting with Bill Gates, the world's second-richest man who has committed a large part of his estate to the Bill & Melinda Gates Foundation. However, Agarwal does not yet feature in the list of billionaires who have signed The Giving Pledge started by Gates along with Warren Buffett.Still, this is easily the largest commitment to charity by any Indian busines

Anil Agarwal: Charity on his mind

Wind turbine maker Suzlon's wholly owned subsidiary Senvion SE has appointed Kirti Vagadia as the new Chief Financial Officer.

Kirti Vagadia new CFO of Suzlon unit Senvion SE

Dhruv Agarwala & Prashan Agarwal

At a time when most real estate companies in the real world are struggling to raise money, one company in the virtual world is bucking the trend. In just three years, PropTiger.com, an online real estate portal started by friends Dhruv Agarwala, Kartik Varma and Prashan Agarwal, has managed to raise $44 million, or about Rs 270 crore, in funding from various sources.The website's biggest triumph came early this week when American media mogul Rupert Murdoch's NewsCorp announced that it had picked up 25 per cent stake for about $30 million, or Rs 183 crore, in the company.With that, Agarwala and Varma, who were classmates at Harvard Business School, and Agarwal, an alumnus of Indian Institute of Technology-Kanpur, managed to pull ahead of a pack of websites pursuing the same business of online property listing.What sets them apart, says Agarwal, is the wider focus. Unlike other websites that serve merely as an online directory of property for sale, PropTiger.com allows a potential buyer

Newsmakers: Dhruv Agarwala & Prashan Agarwal

Ravi Jaipuria

As he feels the pinch of expansion through debt, Ravi Jaipuria is pressing on the gas pedal with a fresh strategy to improve the bottom lines of his companies

As he turns 60, Jaipuria reboots for swift growth

Mittal has over 40 investments and has seen valuations rise 10-fold in the last couple of years

Anupam Mittal: The fund man behind Ola, Shaadi & many more

Uninor, the local arm of Norwegian telecom operator Telenor, today announced the appointment of Vivek Sood as its new Chief Executive Officer with effect from December 1, 2014.
	Present CEO Morten Karlsen Sorby has decided to step down due to some personal issues and will assume a new role in the parent organisation Telenor Group, Uninor said in a statement.
	Sood, who is currently serving as the CEO of the Bangladesh subsidiary of Telenor -- Grameenphone, will replace Sorby, who has been serving in this position since January.
	"Grameenphone and Uninor are currently experiencing significant market growth and they are both delivering on the strategic ambition of Internet for All," said Sigve Brekke, Executive Vice President & Head of Asia business at Telenor.
	Sood had earlier served as the Chief Financial Officer at Uninor, Telenor had moved Grameenphone Chief Technology Officer Tanveer Mohammad as Chief Operating Officer of Uninor in July this year.
	"With these executive ...

Uninor appoints Vivek Sood as new CEO

India's largest online retailer Flipkart today announced the entry of Dropbox's Vice-President Aditya Agarwal in its board of directors as an independent member.

Dropbox VP Aditya Agarwal joins Flipkart's board of directors

India's largest online retailer Flipkart today announced the addition of two new members to its leadership positions, Vice President of Fashion (Retail) and the Vice President of HR (Supply-Chain).

Rishi Vasudev, Parameswaran Balakrishnan join Flipkart leadership team

Former Dabur director gave sketchy details of investors and his employer after two years of tax summons

Burman's Swiss account had money from unknown entities where he was director

Mahesh Murthy

'Life is too short to sit in front of the TV'

My Life My Style: Mahesh Murthy

The group chairman of electrical equipment maker Havells India, Qimat Rai Gupta, passed away today at 77.

Havells India chairman Qimat Rai Gupta passes away

Ankit Bhati & Bhavish Aggarwal

Newsmaker: Bhavish Aggarwal & Ankit Bhati

Jaydev M Mody

Best work momentThe day I started my business, when I was 22 years oldBooks on your bedsideAtlas Shrugged by Ayn RandMassage or workout to  de-stressA good, hard massageFavourite accessoryMy multi-accessories charger, iPhone and iPadDesigns that've caught your eye recentlyFurniture by Josmo StudioFavourite spiritLaphroaig 10-year-old single maltYour sleeping ritualAs late as possibleFavourite TV showSeinfeldBest gift receivedAn envelope stuffed with Rs 11,000 that I got from my mother every birthday; a Mercedes Benz from my wife on my 50thFavourite cuisineChineseNewspaper and TV channels and websites you preferPapers by the Times Group, National Geographic channelWhere do you like to sit when being driven? Upfront with driver or back seat like sahib?Always upfront with the driverOn a plane, do you prefer to network, sleep or catch up on films and reading?Depends on who is around... but mostly sleepFancy coffee or masala teaMasala teaWhat do you cook on your day off?A Gujarati meal for

My Life My Style: Jaydev M Mody

Manash Sarkar has taken over as the CEO of NTPC-SAIL Power Private Company Ltd, state-run NTPC said today.

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