Once a darling of stock markets, Infosys is now battling challenges like pushing growth and retaining talent and these are issues that the newly appointed CEO Vishal Sikka will have to act on fast to rekindle confidence among customers and investors, analysts said.

Challenges aplenty for Sikka at Infosys: Analysts

Press Trust of India

Manoj Gaur

Jaypee Chairman Manoj Gaur loves challenges. These days he is busy dealing with the aftermath of the group's unbridled expansion over the past decade. The engineering and construction company started by his father Jaiprakash Gaur is saddled with a mountain of debt because of its expansion into cement, power, hospitality, real estate and a host of other unrelated fields.At Rs 63,000 crore, the debt is giving sleepless nights to creditors. Last month, the group informed investors that it had broken loan agreements. But Gaur, 50, is holding steady under the burden. He is looking for buyers to sell some of the group's assets, and leading the charge from the front.Gaur's problems started with the group's ambitious foray into real estate and several high-cost projects like the Yamuna Expressway and Buddh International Circuit (where the Indian edition of the Formula-1 Grand Prix is held). The group went into hospitality in the early 1980s when New Delhi was preparing to host the Ninth Asian

Newsmaker: Manoj Gaur

Business Standard

Chennai-based SpiceJet's General Manager for airport services Rahul Bhatkoti has quit the carrier, giving a jolt to the crisis-ridden carrier, sources said.

SpiceJet's GM for airport services quits

Mid-sized IT services firm Hexaware Technologies today said it has appointed R Srikrishna as its new Chief Executive Officer, effective today.
	Srikrishna will take over the role from Vice Chairman and CEO P R Chandrasekar, Hexaware said in a statement.
	Prior to this Srikrishna was President of Infrastructure and Life Sciences Businesses at HCL Technologies, it added.
	"After a thorough succession planning exercise and a comprehensive search process, the board is pleased to have found an exceptional individual to assume leadership of this growing organisation," Hexaware Technologies Chairman Atul Nishar said.
	Srikrishna is credited with establishing Infrastructure Services business and growing the Lifesciences & Healthcare business for HCL Technologies.
	Chandrasekar will retire from the CEO role today but continue as Vice Chairman, Nishar added.
	Hexaware Technologies posted a 21.8 per cent fall in its consolidated net profit at Rs 76.57 crore for the quarter ended June 30, ...

Hexaware appoints R Srikrishna as CEO

Raghav Bahl

Raghav Bahl responds to various allegations made by critics ever since Reliance took over TV18 group

Reliance did not sideline me: Raghav Bahl

BS Reporter

Seshu Bhagavathula has been appointed as the Chief Technology Officer at Apollo Tyres, India's second biggest tyre producer (by tonnage). Seshu will spearhead the global initiatives for the company on tyre technology, research and new product development, for both passenger vehicle and commercial vehicle tyres. Seshu's last assignment was with Great Wall Motor Company in China, where he served as the Vice President, Research & Development. Prior to this, he had spent a significant part of his career with Daimler AG at multiple locations, where he was responsible for product development and integration of engineering processes. "Having worked in the automotive industry, both in commercial and passenger vehicle segments, his core areas of professional expertise has been in research and development, innovation and strategic analysis", said a release from Apollo Tyres.Seshu will be based out of the company's Global R&D Centre in Enschede, the Netherlands. Ends

Apollo appoints new technology head

Philips India today appointed Sameer Garde as President of Philips Healthcare, South Asia.

Sameer Garde appointed Philips Healthcare South Asia President

Kunal Bahl

E-commerce companies in India have many things to learn from their Chinese counterparts but they can also teach them a lesson or two on driving the last-mile advantage

Lunch with BS: Kunal Bahl, Founder and CEO, Snapdeal.com

BS ReporterHyderabad, 18 July:Venture capitalist and managing partner of SRI Capital, Sashi Reddi, has joined the board of Delhi and Silicon Valley based ShepHertz. ShepHertz announced that it has raised $ 1.5 million from Kae Capital, Sashi Reddi, Growx ventures, LetsVenture and India Quotient as well as existing investors Mumbai Angels and Blume Ventures. After the funding, Sashi Reddi has joined Sasha Mirchandani on the board, the company stated in a press release on Friday. ShepHertz was incorporated by Siddhartha Chandurkar in July 2010. It is stated to be one of the top three players globally in the mBaaS (Mobile Backend as a Service) space."In the last few quarters, ShepHertz' growth has been accelerating at a tremendous speed. We are lucky to have great investors on board who believe in our vision", Chandurkar said.  According to him, over 75 per cent of ShepHertz customers are from geographies other than India, primarily from North America, Latin America and North East Asia. T

Sashi Reddi joins ShepHertz board

Regulator Sebi today barred Gammon Infrastructure Projects' former CMD Abhijit Rajan from securities market after prima-facie finding him to have violated insider trading regulations in the company shares.

Sebi bars Gammon Infra's ex-CMD in insider trading case

Gulf-based lender Emirates NBD today said it has appointed Sharad Agarwal as its chief representative and country head for India.

Emirates NBD appoints Sharad Agarwal as country head for India

Zee Entertainment Enterprises Limited (ZEEL) has appointed Pradeep Hejmadi as the Business Head of its flagship general Hindi entertainment channel Zee TV, the company said today.
	Hejmadi's appointment is with effect from July 1, 2014, the Essel group firm ZEEL said in a statement.
	He would be responsible for the overall functioning of the  channels and report to ZEEL Chief Content and Creative Officer Bharat Ranga, it said.
	Commenting on the development, ZEEL MD & CEO Punit Goenka said: "We would like to welcome Pradeep into the ZEE family. With multi-dimensional understanding of the Indian media industry, he has spearheaded and successfully launched, innovative and first-in-class profit-bearing initiatives in the Indian media marketplace".
	Hejmadi, who has over 18 years of experience in the media industry was earlier with TAM Media Research as Senior Vice President - Strategy Group & Marketing.
	A graduate from Mumbai University, Hejmadi has also worked with leading ...

Pradeep Hejmadi appointed Business Head of Zee TV

Swapan Seth

Best work momentWhen the client called me to say they had approved my Mint Lounge campaign - six long copy ads when you are 46. Dreams are made of this.Books on your bedsideI never read in bed. Only magazines: August Man and The Rake.Massage or workout to de-stressMassageFavourite accessoryMy younger son's gold sports pin and Ribbon shoe laces by Drakes of London.Designs that have caught your eye recentlyThe iFly and the CloudYour IT toolsChromeFavourite spiritJohnnie Walker Double BlackFavourite wineMargauxFavourite champagneBillecart SalmonWhat's your fragrance?The Ten PartyBest gift receivedA book called Sorrell and Son gifted to me by Sir Martin SorrellFavourite gift givenDr Harris toothpaste to my sonNewspaper, TV channels and websites you preferMint, Mint Lounge and Mail TodayWhere do you like to sit when being driven? Upfront with driver of backseat like sahib?Backseat on the rightOn a plane, do you prefer to network, sleep or catch up on films and reading?I read magazines and m

My Life My Style: Swapan Seth

Tamilnad Mercantile Bank (TMB), one of the oldest private sector bank in the country, has appointed H S Upendra Kamath as MD & CEO, of the Bank for a term of three years. He was the Chairman and MD of Vijaya Bank during 2011-2013 and was Executive Director of Canara Bank during 2009-2011. K B Nagendra Murthy was the managing director and chief executive officer of the over Rs 37,000 crore-Bank till the beginning of this month. Kamath stated that TMB must become a Pan-India Bank within a set time frame and said that the Bank would make foray into mid-corporate and large corporate funding in a phased way. The new MD and CEO stressed on the need to leverage Information Technology for business growth and to make risk management effective and efficient.Ends

TMB appoints H S Upendra Kamath as MD & CEO

In yet another development that is expected to reaffirm India's position on the global technology map, Accenture today said it has elevated Bhaskar Ghosh as its group chief executive for technology delivery, and inducted him to its Global Management Committee, making him the only Indian on this top decision making body at the firm.Ghosh, who is based out of Bangalore, is currently the senior managing director of technology delivery at the New York Stock Exchange-listed company. A former Infosys hand who was then the VP for IT Infrastructure Outsourcing at the Bangalore-based company, Ghosh had joined Accenture in 2003 to head the company's delivery in India.In his new role, which would be effective September 1, 2014, Ghosh would directly report to Accenture's Chairman and Chief Executive Officer Pierre Nanterme.Accenture has also inducted its Chief Technology Officer Paul Daugherty on the Global Management Committee who would report to the chairman.In his new role, Ghosh will have addi

Accenture elevates Indian exec to top leadership team

Direct-to-Home service provider Dish TV today appointed Sandeep Bajpai as its Vice President, Marketing.
	Bajpai, former Head of Communication & Experience, Tata DoCoMo in India, would focus on consolidating Dish TV market and strengthen organisational capabilities, the Zee group firm said in a statement.
	"This move is a testimony to the vision and commitment of Dish TV to bring in the best talent from the industry at the helm to build a strong organisation and steer Dish TV through the next phase of growth by capitalising on the immense opportunities in this environment," Dish TV said in the statement.
	Commenting on his appointment, Bajpai said:"It is a great opportunity for me to lead Dish TV into its next phase of growth by consolidating and further strengthening its position in India, and looking at global markets to complete its transition of becoming a Global force to reckon with".
	He has also worked with companies as Spice Hotspot, Bharti Airtel and Idea Cellular.

Dish TV appoints Sandeep Bajpai as VP, Marketing

Mehta was till recently the Group CEO of Vedanta Resources for five years

Reliance Infra appoints M S Mehta as CEO

Rajan Anandan

By 2020, India will have 500 million internet users and there's no reason why we won't have 200 million people as e-commerce customers, Anandan tells Surabhi Agarwal & Rahul JacobCompared to swimming the Palk Strait, or bicycling for seven days, (wanting to) fly a plane in our family was considered very sober," says Rajan Anandan, explaining why his mother agreed to let him go to flying school at the age of 15. Anandan passed all the required tests but was found underage to qualify for the final round. "That's why I am at Google today."We have just sat down at the Oberoi's Threesixty coffee shop with Google's India managing director and the conversation has gravitated from Anandan's desire to be a pilot to his remarkable father. V S Kumar Anandan, a Sri Lankan Tamil, shared many Indians' fascination with setting Guinness Records. At one point, he held more records than anyone else, including swimming across the Palk Strait between Sri Lanka and India, and treading water for 72 hour

Tea with BS: Rajan Anandan, Managing Director, Google India

Hindustan Coca-Cola Beverages Pvt Ltd today announced appointment of Rohit Gothi as its executive director market operations.
     Gothi will directly oversee all field operations of the company encompassing all front-end operations, including the seven operating zones, alternative engines of growth (bottom of pyramid, online and alternative beverages) and national key accounts (excluding bulk water), the company said in a statement.
     "Rohit Gothi has been inducted into the HCCBPL talent pool to strengthen the sales system and accelerate growth opportunities in India," Hindustan Coca-Cola Beverages (HCCBPL) Chief Executive Officer T Krishnakumar said:
     "In the role as executive director - marketing operations, Rohit will be responsible for all the front-end operations and focus on building profitable revenue growth."
	Gothi will assume the new responsibility effective July 15, 2014.

Hindustan Coca-Cola appoints Rohit Gothi as ED market ops

Anil Dua, the former senior vice president (sales, marketing and customer care) of the Munjal family-promoted Hero Motocorp, has joined Middle East-based Oman Trading Establishment LLC (OTE) as its managing director. Dua, who quit the world's largest two-wheeler company last month, will be steering OTE's expansion plans which has interests in distribution of automotive brands, automotive parts, consumer electronic, home appliances. The company, which is part of the multi-billion Suhail Bahwan group also does vehicle leasing, sale/purchase of pre-owned cars, manufacture of polymer colorants. It also runs vocational training institutes. The diversified Suhail Bahwan group has operates in the engineering and construction, steel, building materials, fertilizers, chemicals, energy, power, IT, travel and tourism. OTE has automotive dealerships of Chevrolet, Cadillac, Hyundai, Isuzu Trucks, Ssangyong, Subaru, Cherry, Shell to name a few while also having LG Electronics, White-Westinghouse and

Hero sales head joins Oman retail company

Gopichand Katragadda

As a boy, one summer, Gopichand Katragadda learnt to make soap from his English teacher, and sold them to his friends. The act of making and selling soaps made him believe that what he created had value.  Since then, the new chief technology officer of Tata Sons has proved his worth several times over - he has more than 30 publications and five patents to his credit and is a consultant, professor and author. But, as he confesses, he is still the  boy who looks for constant validation.No surprises then, his appointment as  CTO of Tata Sons   must have come to him as a big confirmation of his eminence in the technology world. This is the first time that the salt-to- automobile conglomerate has created the post of a group chief technology officer. As the head of the group's technology, Katragadda will  be responsible for all its business at the group level and share his expertise in managing R&D operations. He would also act as an evangelist for innovation across group companies.In th

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