HR Headlines: Apr-10 (Part-4)

For more article, Visit at : www.amreshanjan.co.cc       Females Are Yet To Find Their Place In Silicon Valley Ms Candace Fleming's résumé shows off a double major in industrial engineering and English from Stanford, an MBA from Harvard, a management position at Hewlett-Packard and experience as president of a software company. But when she was raising money for Crimson Hexagon, a start-up company she co-founded in 2007, she recollects one venture capitalist telling her that it didn't matter that she didn't have business cards, because all they would say was "Mom." In the end, none of the 30 venture firms she pitched to financed her company. Ultimately, she raised $1.8 million in March 2008 from angel investors including Golden Seeds, a fund that emphasises investing in female start-ups. Many people say that outright sexism is rare in the tech world these days but the barriers that Ms Fleming encountered aren't unusual. Tech communities in Silicon Valley and in other hubs— like New York, Austin, Tex., and Boston— pride themselves on operating as raw meritocracies set to accept anyone with a good idea, regardless of education, age or station in life. However, for women that narrative unfolds differently. According to the Center for Women's Business Research, women own 40 per cent of the private businesses in the US. But they create just 8 percent of the venture-backed tech start-ups, as per Astia, a nonprofit group that advises female entrepreneurs. Source : 19-04-10   The Indian Express   Compiled by Amresh Anjan   Govt Can Retire Staff In Public Interest, Says Central Administrative Tribunal The Central Administrative Tribunal said that compulsory retirement of a government employee could not be treated as a punishment and it could be done in public interest. "The order of compulsory retirement is passed on the subjective satisfaction of the government and it does not amount to punishment," the Tribunal bench, comprising vice chairman Mr L K Joshi and member Mr D P Sharma, said. The Tribunal passed the order on a petition of an Assistant (posted in CISF HQ) Mr Surender Pal Singh, challenging the order of the ministry of home affairs retiring him from the service compulsorily in the wake of report of the Internal Review Committee of the Central Industrial Security Force. The report suggested to the government to retire Mr Singh from government service in public interest on the ground of his incompetence in performing duty. Source : 20-04-10   rediff.com   Compiled by Amresh Anjan   Chinese Companies On A Drive To Indianise Their Management Leading Chinese telecom equipment manufacturers, Huawei Technologies Co Ltd and ZTE Corporation, are on an aggressive 'Indianisation' drive. The companies are replacing Chinese nationals with Indians on their board of directors. The move is apparently an attempt by the companies to change the public perception in India, where Chinese firms are usually viewed with suspicion. Huawei has decided to name an Indian as the chairman of its wholly-owned subsidiary in India and replace its eight-member board of directors with mostly Indian faces. The company is also coming up with an advisory board of renowned Indians. The job of the advisory board would be to advise the board of directors. A team has been set up to look for Indians who could be taken on board the advisory panel. On the other hand, ZTE also plans to revamp its five-member board in India. The company is eager to have at least three Indians on the board, against one at present. The restructuring is likely to be complete within a year. Besides that, ZTE has decided to convert India into a "management hub" and use the talent pool for its global operations across the world to leverage Indian management talent. Source : 22-04-10   rediff.com   Compiled by Amresh Anjan   HCL Technologies Buoyant On Hiring And Salary Hike HCL Technologies said it will appoint 5,000 in the calendar 2010. The company announced that it will go for a wage hike in July this year, the beginning of its fiscal year. IT major Infosys has already announced a 14 per cent wage hike. Source : 21-04-10   rediff.com   Compiled by Amresh Anjan   Bengal Govt's 'Temporary' Employees To Be Retained Till The Age Of 60 The West Bengal Government approved a slew of sops for its almost two lakh casual employees in various departments, municipalities and Madhyamik and Sishu Siksha Kendras who have worked for 10 years or more. Finance minister, Mr Asim Dasgupta said that they will be retained at least till the age of 60, offered increments every three years after a basic salary is fixed and given a gratuity of Rs 1.5 lakh on retirement. Nearly 10,000 temporary employees in various government departments, over 1.5 lakh para-teachers and academic supervisors and over 6,400 municipal staff stand to gain from the move. Source : 21-04-10   The Telegraph   Compiled by Amresh Anjan J&K Staff May End Up Losing Salary If the Jammu and Kashmir government takes up the 'no work, no pay' policy against the 45,000 employees who went on a strike from April 3, it can add a Rs 225 crore to the coffers of the state. The employees, who asked for payment of arrears following a hike in salaries on the recommendations of the Sixth Pay Commission, called off their strike last week. Unless the government issues a new notification in this matter, the salaries, which amount to a daily bill of Rs 25 crore, maybe withheld. Source : 19-04-10   Hindustan Times   Compiled by Amresh Anjan TCS Staff Smiles Again The management of India's largest IT company, TCS has spent USD 193 million on increments this year. Last year was a gloomy year for TCS employees with no wage hikes or promotions. But this time, the company has more than made up for it in 2010. It has spent a huge USD 193 million on giving out increments of 8% to 17% across the board. This, in spite of the fact that wage inflation could hit margins by 20-30 basis points. Source : 22-04-10   moneycontrol.com   Compiled by Amresh Anjan   New US Jobless Claims Fall New claims for US unemployment insurance benefits declined last week after a fortnight of increases, the Labor Department revealed. Initial jobless claims totaled a seasonally adjusted 456,000, five percent less than last year. Source : 23-04-10   Hindustan Times   Compiled by Amresh Anjan   Aricent To Increase Its Headcount In India Telecom software company, Aricent plans to appoint 3, 000 people worldwide during the current fiscal. Out of this, the company will hire 1, 000 people over next four months in India to develop new products to cater to the increasing demands from customers. Source : 23-04-10   Hindustan Times   Compiled by Amresh Anjan   Ms Vedika Bhandarkar Quits JPMorgan JPMorgan, which is beefing up its Indian operations, has lost two senior executives to rival Credit Suisse. Ms Vedika Bhandarkar, managing director and head of investment banking at JPMorgan India, has quit from the bank and is joining Credit Suisse as vice-chairman and head of investment banking in India. Also going along with her at the Swiss company is colleague Mr Sandeep Pangal, who will join as managing director and senior banker in investment banking coverage. Source : 17-04-10   Business Standard   Compiled by Amresh Anjan   Mr Harsh Manglik Named As The Chairman Of NASSCOM The National Association of Software and Services Companies (Nasscom) said that Mr Mr Harsh Manglik would be the new chairman of its Executive Council for the year 2010-2011. He will take on his new role with effect from April 20, NASSCOM said in a press release issued in Mumbai. He has been a member of NASSCOM's Executive Council and, at present, is the chairman and geography managing director for Accenture in India. As chairman of the Executive Council, Mr Manglik will lead and assist NASSCOM in catalysing the growth of the Indian software industry and enabling the fulfilment of its future goals and aspirations, the release said. Source : 20-04-10   DNA   Compiled by Amresh Anjan   Lady IPS Officer Appointed As Sebi Executive Director The Securities and Exchange Board of India (Sebi) has appointed two new executive directors, sources close to the development said. While Ms Pradnya Saravade, an Indian Police Service (IPS) officer has been serving as a vigilance officer on special duty in Sebi's investigations department, the other executive director appointed is Mr S Ravindran, who was the chief general manager with the regulator's mutual fund department. Source : 20-04-10   DNA   Compiled by Amresh Anjan   Mr Elkann Named As Head Of Fiat Fiat got on board Mr John Elkann, the grandson of historic boss Mr Gianni Agnelli, as the chairman, the company said in a statement. Mr. Elkann, 34, is the group's youngest chairman ever and replaces Mr Luca Cordero di Montezemolo, 62, whom the board thanked for "work accomplished during an especially delicate period in the life of the company." Source : 22-04-10   The Hindu   Compiled by Amresh Anjan   Barclays Appoints India Head For Corporate Unit Mr Karan Bhagat has been appointed by Barclays Plc as India head for the bank's corporate business that chiefly focuses on the banking needs of companies. He joined the bank in 1990, and has worked in different roles within corporate and investment banking. Source : 22-04-10   DNA   Compiled by Amresh Anjan

HR Headlines: Apr-10 (Part-3)

For more article, Visit at : www.amreshanjan.co.cc       The Naukri Job Speak Index For Mar-10 Reflects A Positive Hiring Scenario The Naukri Job Speak has seen the index moving up successively for the past three months. This clearly indicates that the tidings in the job market has seen stability and major industry sectors like IT, ITES, Auto, Telecom and Banking have started hiring again. The job index for Mar'10 at 962 as compared to 947 in Feb-10 reflects a continued improvement in the hiring sentiment of recruiters. Delhi and Kolkata have been bullish on hiring as the index for Mar'10 at 1117 and 1055 has surpassed the July-08 levels by 10% and 5% respectively. Source : 16-04-10   naukri.com   Compiled by Amresh Anjan   90% Of Suzlon's Staff Gets Stock Options Suzlon Energy has granted stock options to a majority of its staff in order to mark its 15th anniversary. About 90% of Suzlon's employees would be eligible for Esops. Suzlon founder & CMD Mr Tulsi R Tanti said the Esop initiative is unique and important because of its scale and reach. The Esop scheme will be granted to over 9,400 employees in 21 countries across five continents. The scheme is open to all permanent employees of SEL and its subsidiaries excluding REPower and Hansen. All those who have completed six months of service as on March 31, 2010 and who have not been granted Esops under any other scheme will be eligible for the scheme. Source : 15-04-10   The Financial Express   Compiled by Amresh Anjan   IT, Telecom, Banking, Healthcare Buoyant On Hiring As per experts at various global search consulting firms, the financial year 2010-11 comes with enormous job opportunities across IT, telecom, banking and healthcare sectors and different hierarchical levels in companies. ''Banking, telecom, IT are the top three sectors where hiring intensity and volumes are significant. The overall hiring for IT & ITes sector is expected to be 1,50,000 professionals for fiscal 2011,'' Kelly Services' Managing Director Mr Kamal Karanth said. Both, global consultancy Ernst & Young and workforce solutions provider Kelly Services, feel that the telecom sector will create over one lakh jobs this fiscal. Kelly Services expects healthcare and banking sectors to come up with around 2.5 lakh and 40,000 jobs, respectively in FY 11. Other than that, the experts believe that hiring would also be robust across sectors such as real estate, retail trade sector and manufacturing among others. Source : 14-04-10   ndtvprofit.com   Compiled by Amresh Anjan   MphasiS Gets On To Hiring Spree Elder Pharmaceuticals plans to hire 1,000 sales and marketing professionals within two months, primarily to sell drugs in untapped rural markets. The company employs about 3,300 people in India, with about 2,700 professionals in marketing and sales. This recruitment is going to help Elder Pharma have one of the largest drug sales force in India, like market leaders such as Cipla, Ranbaxy, Piramal Healthcare and Lupin. Source : 15-04-10   Business Standard   Compiled by Amresh Anjan   Elder Pharma To Appoint 1,000 For Rural Sales Elder Pharmaceuticals plans to hire 1,000 sales and marketing professionals within two months, primarily to sell drugs in untapped rural markets. The company employs about 3,300 people in India, with about 2,700 professionals in marketing and sales. This recruitment is going to help Elder Pharma have one of the largest drug sales force in India, like market leaders such as Cipla, Ranbaxy, Piramal Healthcare and Lupin. Source : 15-04-10   Business Standard   Compiled by Amresh Anjan   Residents In Beijing Asked To Work Half An Hour Later Than Usual Strange but true - more than 810,000 Beijing residents have been asked by authorities to come to work half an hour later than usual to alleviate the worsening traffic congestion in the busy metropolis. The working hours for Beijing's party and government departments, state-owned enterprises, institutions and social groups have been changed; Xinhua news agency reported citing a notice issued by the municipal government. The new rule is not applicable to the central state organs in Beijing, schools, hospitals and large shopping centres. The shift is going to affect about 810,000 commuters who used to work from 8.30 am to 5.30 pm. The new time table of these workers will be from 9 am to 6 pm. Source : 13-04-10   indianexpress.com   Compiled by Amresh Anjan   Infosys High On Hiring While unveiling plans to hire 30,000 persons this fiscal, IT major, Infosys said it has paid 4 million (nearly Rs 600 crore) in salaries in 2009-10 - the highest amount in the IT industry's history in India in a year. The HR head of the company, Mr T V Mohandas Pai said the company has already made 19,000 campus offers for fiscal 2011. He added that Infosys envisages recruiting 1,000 personnel each for its China and US offices and around 400 in Manila. Source : 13-04-10   ibnlive.com   Compiled by Amresh Anjan   Too Much Work And Very Little Staff Delhi airport, the busiest in the country, handles over 700 flights everyday. In the last five years, the number of flights has doubled but the number of air traffic controllers is more or less the same. "The job of an air traffic control official (ATCO) is one of the toughest. The manpower shortage here is such that we have to do extra duties," said a senior ATCO requesting anonymity. There are nearly 200 controllers at Delhi Airport where 300 are required. Though the Airport Authority of India, which manages all civil traffic in India, has been recruiting trainees, it takes three to four years for a recruit to be properly trained and assigned duties. With 70 aircraft flying over an area stretching across north India and no online data available, the ATCOs managed the traffic 'manually'. "Senior ATCOs have to handle more than 20 flights at a time. The number will only increase," he said. "We are asked to put in extra hours and leaves are few and far between." Source : 16-04-10   Hindustan Times   Compiled by Amresh Anjan   Mr Sudip Bandyopadhyay Steps Down As Spice Finance Head After serving as the group president of the financial services arm of the Spice group for five months, Mr Sudip Bandyopadhyay, the former managing director of Reliance Money, is said to be moving on to start his own venture. The new company is going to be a financial services firm called Convexity Solutions and would look at broking and portfolio management services. Source : 15-04-10   DNA   Compiled by Amresh Anjan   MasterCard Appoints Mr Ajay Banga Mr Ajay Banga, a Citigroup veteran, has been named as the Chief Executive Officer of electronic payment services provider MasterCard. Mr Banga, currently the company's president and chief operating officer, would take over as the CEO from July 1, MasterCard said. Source : 12-04-10   DNA   Compiled by Amresh Anjan   Glodyne Appoints Two Independent Directors On Its Board The Glodyne board has appointed Mr RSP Sinha and Mr Alok Sharma as independent directors. Mr Sinha is chairman & managing director of MTNL. Previously, he was with BSNL. Mr Alok Sharma is a famous technology veteran and worked for more than two decades with technology giants. Source : 16-04-10   The Financial Express   Compiled by Amresh Anjan   Mr Mehta Named As Sr. Planning Director Of Grey Group Mr Divyapratap Mehta has been named as the Grey group's senior planning director in Delhi. He has been on the forefront of strategising for Unilever, LG, Nestle, Maruti, Fever 104 fm and Havell's campaigns. Source : 16-04-10   The Financial Express   Compiled by Amresh Anjan   UPS Hires A New Country Manager Mr Mark Khambatta has been named as the country manager UPS India. In his new role, he has overall responsibility for UPS's express and supply chain operations in India. Source : 16-04-10   The Financial Express   Compiled by Amresh Anjan   Sony Ericsson Names Mr William Glaser As CFO Mobile phone maker Sony Ericsson said that it has appointed former Sony Corp. vice president Mr William Glaser as its new chief financial officer. The world number four handset maker, owned by Sweden's Ericsson and Japan's Sony, said his appointment was effective immediately. Source : 16-04-10   DNA   Compiled by Amresh Anjan   MobileStore Gets A New CEO The MobileStore has appointed Mr Srikant Gokhale as its Chief Executive Officer. Mr Gokhale will be responsible for running the business and also drive the group's entry into retailing of consumer durable and IT products. Source : 15-04-10   The Financial Express   Compiled by Amresh Anjan   Aviva Life Names Mr Sandip Mallik As Director-HR Mr Sandip Mallik has been appointed by Aviva Life Insurance as its director (human resources). He will be responsible for the development and implementation of strategies, policies and practices, the company said in a statement. Prior to this, Mr Mallik was heading the HR function in Emerson India. He has also worked with Enron, GE Power Systems, RPG, ICI and India Foils in the course of his professional life. Source : 15-04-10   DNA   Compiled by Amresh Anjan

HR Headlines: Apr-10 (Part-2)

For more article, Visit at : www.amreshanjan.co.cc     UK Work Permit Rules Just Got Tougher United Kingdom (UK) has made a change in its visa rules. Under the new rules, Indian companies would have to pay a gross salary equal to a British worker to its employees sent on transfer to the UK. Besides this, skilled Indian workers on transfer cannot settle in the UK."So far, Indian companies made good margins when they transferred their employees to the UK. They paid salaries to them in rupees and only some allowances in pounds. But they billed their customers in pounds," Mr Sunil Goel, director, GlobalHunt India, an executive search firm, said. Mr Kris Lakshmikant, chairman and managing director, The Head Hunters India Private Limited, said the cost of intra-transfer per person may increase by 60%. "If a company sends an engineer with two years experience to the UK, it will have to pay him or her Rs 15-20 lakh per annum. Earlier, the cost was between Rs 10-Rs 12 lakh," Mr Lakshmikant explained. "Now, Indian companies would prefer to hire local people. But in certain categories like IT in which Britain does not have a large pool of local workers, companies will have to send people from India," he added. Source : 07-04-10   DNA   Compiled by Amresh Anjan Government Employees To Get 100% Raise In Travel Grant The monthly travel allowance of government staff is going to increase by at least 100 per cent, from this month. The Finance department has decided to raise the travel allowance in line with the Sixth Pay Commission. This decision will put a burden of Rs 4,300 crore on the state exchequer in addition to the annual burden of Rs 8,091 crore for paying salaries according to the Commission. Government employees earning a basic salary of more than Rs 5,400 will get an allowance of Rs 3,200 in cities like Mumbai, Pune, Nashik, Aurangabad, Nagpur and Rs 1,600 in other areas. Staff with salaries up to Rs 5,500 will get an allowance of Rs 1,600 in A-1 cities and Rs 1,000 elsewhere. Other employees will get Rs 1,000 a month. Source : 06-04-10   Hindustan Times   Compiled by Amresh Anjan City Civil Court In Bangalore Directs Britannia To Pay Pensioners Within 2 Months Pensioners of Britannia Industries, who have been combating a seven-year conflict with their former employers, have registered a crucial victory. The City Civil Court in Bangalore has upheld the demand of pensioners that trustees of Britannia have been wrong in not paying them pension as per the approved Pension Fund rules from 2003. Now, the court has directed Britannia to pay the pensioners within the next two months, said Mr Ashit K Sarkar, retired senior vice-president-HR and representative of Britannia's Pensioners Welfare Association (PWA). Source : 09-04-10   Business Standard   Compiled by Amresh Anjan Aviation Ministry Contemplates 20% Salary Cut For Air India Staff The civil aviation ministry is planning to propose a 20%, across-the-board salary cut for Air India (AI) employees. The ministry is in the process of preparing a cabinet note on AI, which is going to include cost-saving measures and a roadmap. The wage cut offer may figure in this communication. The note is likely to be submitted by mid-April. The figure is being discussed after plans to lessen salaries of AI employees failed, including a proposal to cut performance-linked-incentives (PLIs) by 50% in September 2009. Source : 05-04-10   DNA   Compiled by Amresh Anjan Fight Over Scarce Jobs In US According to a recent study, young adults in the United States are being squeezed out of the labour force as older workers either delay retirement or seek jobs to rebuild nest eggs destroyed by the recession. The size of the labour fell 6.3% for young workers, but increased 8.5% for workers 55 years and older between December 2007 and January 2010, as per the study by the Washington-based Economic Policy Institute (EPI). "This is a troubling development, young adults are less prepared to deal with unemployment than other age groups. Without significant prior full-time work experience, many may not qualify for unemployment insurance, or the social safety net," the EPI said. However, AARP, a nonprofit organization focused on people 50 years and older, did not agree with the EPI study. It said that the employment situation had worsened more for older workers than for their younger counterparts after the recession struck in December 2007. "Older workers are not getting hired in the place of younger workers, although some of them are remaining in the labourforce longer to make up for losses suffered in the stock market," the AARP said. "Some of the increase is also due to the aging of the boomers, large numbers of whom are moving into the older worker ranks. And perhaps some of it is due to the impact of policies designed to encourage older workers to remain longer at work." Source : 09-04-10   The Financial Express   Compiled by Amresh Anjan Coal India Plans To Axe Its Workforce Coal India Ltd (CIL) is likely to shed 1,00,000 employees from its rolls over 10 years. The company employs 3,99,000 people now, of which 40-45 per cent are concentrated in two of its subsidiaries - Eastern Coal Fields Ltd and Bharat Coking Coal Ltd. According to company officials, almost all the reduction in the employee strength would be via natural attrition, like retirement, death and people leaving the company on medical grounds. Source : 07-04-10   Hindustan Times   Compiled by Amresh Anjan BSNL's Trade Unions To Strike Work From April 19 The decision to disinvest the public sector Bharat Sanchar Nigam Ltd (BSNL) has got together all central trade unions once again and they have called an indefinite agitation from April 19 against the move. The Department of Telecommunications (DoT) had announced its decision to disinvest 30 per cent of shares of the PSU, based on the recommendations of the Sam Pitroda committee. The DoT Secretary called the trade unions for talks over their opposition to the recommendations. We could not agree to anything at the meeting and the strike would be indefinite, says Mr G L Dhar, Secretary of the All India Trade Union Congress. The BSNL indefinite strike is going to be the first united agitation after that. Mr M K Pandhe, national president of CITU, said the unions would fight the disinvestment and are not going to allow it at any cost. Source : 03-04-10   Business Standard   Compiled by Amresh Anjan Hiring In US Private Sector Lifts March Payrolls Another sign of recovery in the job market - US employers created jobs in March at the fastest rate in three years as private firms stepped up hiring. Non-farm payrolls rose 162,000 and the unemployment rate held steady at 9.7 per cent for a third straight month, according to the Labor Department said. The increase in payrolls was only the third since the economy sunk into recession in late 2007 and was the largest gain since March 2007. Private employers appointed more workers than anticipated, while temporary hiring for the US decennial census came in below economists' forecasts. Source : 03-04-10   Business Standard   Compiled by Amresh Anjan Hiring The Disabled Is Not Philanthropy Anymore Till sometime back, hiring disabled people was a part of corporate social responsibility (CSR). But things have changed now. These days, companies view disabled people as potential workforce. Mphasis Limited, Bangalore-based IT solutions company, increased the number of disabled employees eight-fold in less than a year. Besides this, Mr Ankit Jindal, a first-year student of Faculty of Management Studies, runs an organisation called Diversity and Equal Opportunity Centre (DEOC) to aid disabled people take up jobs in the corporate world. Interestingly, DEOC is a profit making organisation and not an NGO. It does research on recruitment, provides training and carries out building audits of corporates to give its clients suggestions on recruitment of disabled people. Wipro encourages employees to speak out about their disability at the time of recruitment so that right from the time of induction, adequate infrastructure modifications can be made for them. Source : 05-04-10   Business Standard   Compiled by Amresh Anjan Salary Of US President Subject To Tax US President Mr Barack Obama's annual salary is $400,000 per annum, unlike many of the corporate executives from the Wall Street, who get millions in their annual salary. Besides his taxable income of $400,000, the US President also gets additional allowance of $50,000 which is not taxable and is used for official purposes only. At the present salary rate, he is going to receive a pension of $199,700 per annum. Mr Obama's salary is determined by the annual appropriations act under the US Constitution, which says, "The President shall, at stated times, receive for his Services, a compensation, which shall neither be increased nor diminished during the period for which he shall have been elected, and he shall not receive within that period any other emolument from the United States, or any of them." Source : 07-04-10   business.rediff.com   Compiled by Amresh Anjan Reshuffling Takes Place In Religare's Board Religare Enterprises Ltd has announced that its Board of Directors at a meeting held on April 06, 2010, inter alia, approved the reshuffle of Board of Directors. The company approved appointment of Mr Sunil Godhwani as Chairman and Managing Director of Religare Enterprises Ltd and accepted the resignation of Mr Malvinder Mohan Singh as Chairman and member of the Religare Enterprises board. It also accepted resignation of Mr Shivinder Mohan Singh as member of the Religare Enterprises Ltd board. Besides that, the Board appointed Mr Shachindra Nath and Anil Saxena as new board members and also designated Mr Shachindra Nath as Chief Executive Officer (CEO) of the company. Source : 06-04-10   moneycontrol.com   Compiled by Amresh Anjan Air India Names New COO National carrier Air India named expat Mr Gustav Baldauf as its chief operating officer, who along with CMD Mr Arvind Jadhav, is going to play an important role in turning around the loss-making airline. As per a statement by the airline, the Air India board in its meeting today approved the appointment of Mr Baldauf, who earlier had a stint with private airline Jet Airways. At present, he is the Executive Vice-President, Flight Operations, Austrian Airlines, and has been named as COO after being short-listed along with two other expats from amongst 140 applicants. Source : 06-04-10   profit.ndtv.com   Compiled by Amresh Anjan Sun Pharma Names Mr Kal Sundaram As CEO Sun Pharmaceutical Industries has named Mr Kal Sundaram as Chief Executive Officer with effect from April 1. He has been appointed as an additional director and CEO of the company, Sun Pharmaceutical Industries said in a statement. Source : 09-04-10   The Financial Express   Compiled by Amresh Anjan Credit Suisse Appoints Mr Aditya Mishra As Delhi Head Credit Suisse, Swiss banking major, has announced the appointment of Mr Aditya Mishra as head of operations in Delhi. He is going to report to Mr Puneet Matta, who is the head of wealth management for Credit Suisse in India. Source : 09-04-10   The Financial Express   Compiled by Amresh Anjan Mr VR Ferose Named As MD Of SAP Labs India Business software solutions provider, SAP AG has named Mr V R Ferose as Managing Director of SAP Labs in India with effect from April 1, 2010. In the new and extended role, he would oversee R&D operations at SAP Labs across Bangalore and Gurgaon centres, the company said in a statement. Source : 09-04-10   The Financial Express   Compiled by Amresh Anjan Villeroy & Boch Get A New Country Manager Villeroy & Boch (AG) Sales India Pvt Ltd has announced the appointment of Mr Srihari Nair as Country Manager. He is a part of the sanitary ware market since 1996 and has been considered as highly skilled on the market in India. Source : 09-04-10   The Financial Express   Compiled by Amresh Anjan GSS America Appoints New CTO GSS America Infotech, an IT consulting and software development company, announced the appointment of Mr Pavan Maddali as its Chief Technology Officer. He would be responsible for providing strategic direction to the services and solutions offered by the organisation. His responsibility is also going to include maintaining chief executive officer relationships with various stakeholders of the customer organisations. Source : 06-04-10   The Hindu   Compiled by Amresh Anjan Firstsource CEO Steps Down Mr Ananda Mukherjee, MD & CEO of Firstsource, India's leading BPO provider, is going to quit from his current position on July 27, 2010. Mr Matthew Vallance, who is currently Joint MD and President at BFSI & Telecom and Media, is going to succeed him. Source : 09-04-10   Business Standard   Compiled by Amresh Anjan