Media shy and a bit of a recluse, Basant Kumar Birlaâ€™s younger daughter, Manjushree Khaitan, suddenly found the spotlight on her when Kesoram Industries appointed her as the executive vice-chairman this week. While it appeared sudden, the signs of it coming had become obvious at least two years ago.In 2009, at the annual general meeting (AGM), it was a shareholder who first suggested Khaitan be made vice-chairman. It didnâ€™t happen, but the 2010 AGM was clearly her show.She addressed shareholders for the first time and also outlined a vision for the company, the most aggressive road map in recent times. Kesoram would go beyond Rs 10,000 crore, she had said, while emphasising the need for a strategically long-term view. And she is working towards it.Kesoramâ€™s annual revenue at the end of March 2012 was around Rs 6,000 crore, but it posted a significant amount of loss, too, at Rs 380 crore. FY13 is expected to be better, but will still end in loss

Newsmaker: Manjushree Khaitan

Business Standard

Prithvi Raj Singh Oberoi, the patriarch of the Oberoi Group, has handed over the overall management responsibility of EIH (formerly East India Hotels) to close aide Shib Sanker Mukherji and has himself decided to become an advisor and guide while retaining the chairmanship of the company.

Oberoi to give up 'active role' in East India Hotels

Infosys on Wednesday made a fresh round of management reshuffle handing over its Global Head of HR, Nandita Gurjar a new role in the company and appointing a new CEO &amp; MD for its business process outsourcing business.

Infosys announces major managemnet reshuffle

Anil Ahuja, Managing Partner and head of Asia, 3i, one of the leading Asia-focused private equity major, has quit the firm.

Anil Ahuja quits 3i

Last week, Chandra Shekhar Verma did something rather uncharacteristic for a state-owned company chieftain, especially one reputed to be a stickler for rules. The Steel Authority of India (SAIL) Chairman &mdash; its youngest ever &mdash; openly criticised the government. The lodestone of his ire: a decision by a group of ministers to make mandatory the sharing with the local populace 26 per cent of the profits from mines.

Newsmaker: Chandra Shekhar Verma

So-called &lsquo;silent&rsquo; periods of listed companies usually end without even a whimper. But in the case of SKS Microfinance, the country&rsquo;s largest micro-finance institution (MFI), it ended with a bang. Exactly a week after emerging from its 40-day post-listing silent period, the SKS board sat down on Sunday, October 3 to discuss the fate of CEO Suresh Gurumani.

Newsmaker: Suresh gurumani

The elevation of Dheeraj Hinduja, 39, as the new chairman marks a new beginning for Ashok Leyland, India's second-oldest and second-largest truck maker.&nbsp;As the third generation Hinduja takes charge, R J Shahaney, who had been with the company for more than three decades, of which he was the chairman for 13, exits. Ashok Leyland has been the runner-up in the Indian truck and bus market for far too long with little sign of closing in on Tata.

BS People: Dheeraj Hinduja

Scoring India Inc&rsquo;s first goal from Pune in the English Premier League (EPL) isn&rsquo;t something you hear every day. But Anuradha Desai, chairperson of the Rs 3,850-crore Venkateshwara Hatcheries (VH) Group, prefers to keep a low profile.

Newsmaker: Anuradha Desai

Three months ago, Raghu Pillai joined Future Group as chief executive and executive board member from Reliance Retail where he was the president and CEO. Pillai now supervises the group&rsquo;s retail chain Aadhar, neighbourhood chain KB&rsquo;s Fair Price, consumer durables chain Ezone, and Home Town. A retail industry veteran for 16 years, Pillai talks to Raghavendra Kamath about the issues the sector faces and how he plans to take the group&rsquo;s retail ventures forward.

Q&A: Raghu Pillai, Future Group

Bhupender Singh was recently appointed as the chief executive officer (CEO) of Intelenet&rsquo;s domestic BPO business. The announcement comes within two months of Intelenet being acquired by UK-based Serco.

BS People: Bhupender Singh

Ashok Soota, one of the co-founders of MindTree and a veteran of the IT industry knows what it takes to try and reach $100 million in five years&mdash;his ambitious goal for his new company titled &lsquo;Happiest Minds.&rsquo; Not surprisingly, he chose Vikram Gulati to lead his new firm towards that target.

BS People: Vikram Gulati

For someone who had been running the Asia, Africa, Central and Eastern Europe (AAC) and West Asia business of Unilever &mdash; a little over 40 per cent of its total &mdash; the latest promotion should be taken as the reward for a job well done. However, when it was announced, it surprised many. That is because it is not often that a century-old company deviates from tradition to create a new position at the top.

Newsmaker: Harish Manwani

After a two-year stint at infrastructure major Punj Lloyd, Aditya Vij has moved over to Fortis Healthcare, India&rsquo;s second-largest private hospital chain, as its new CEO. Vij has replaced Bhavdeep Singh, who resigned from his post seven months ago for personal reasons.

BS People: Aditya Vij

For the first time in the history of any public sector enterprise, a full-time, woman director has made it to the board of a Navratna company, Hindustan Petroleum Corporation (HPCL).

BS People: Nishi Vasudeva

There are very few people who are able to make their passion their profession. Devraj Sanyal, who heads a music label by day and is a metalhead by night, is one of them.

BS People: Devraj Sanyal

Earlier this week, Gautam Adani attracted front page billing in most business newspapers for clinching a Rs 2,100-crore deal with an Australian company to buy that country&rsquo;s single largest coal tenement. In the global race for energy resources that the Chinese mostly seem to be winning, this is certainly big news.

Newsmaker: Gautam Adani

According to British novelist John Anthony Miller, better known by his pseudonym Peter Pook, rugby is a game for the mentally deficient. &ldquo;That is why it was invented by the British&hellip; Who else could invent an oval ball?&rdquo; Oscar Wilde thought of the game as an occasion to keep 30 bullies far from the centre of the city.

Newsmaker: Bill Gammell

Star CJ, Zee TV plan to dish out more home shopping networks and programmes.

Channels bet on teleshopping

Unfazed by criticism of his SpiceJet acquisition, the scion of a political family says he believes in setting trends, not aping them.

Newsmaker: Kalanithi Maran

In 1988, Ajay Piramal, then 33 years old, decided to bid for Nicholas Laboratories, the Australian multinational that was exiting India. Mike Barker, the man in charge of the divestment, told him he was too young and had no experience or track record.

Newsmaker: Ajay Piramal

The finance company&rsquo;s new chairman and managing director may be more low-profile than its promoters, but he&rsquo;s no less ambitious.

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