Ravi Vora is CEO of Ahmedabad Electricity
Ahmedabad: Ravi Vora is the new chief executive officer of the Ahmedabad
Electricity Company. Mr Vora is a non-resident Indian and an energy consultant to many
foreign companies. He will be designated managing director.
Mr Vora succeeds Chinubhai Shah, who was inducted as managing
director last April.
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2 Indians in Red Herring
list
San Francisco: Gururaj Deshpande, co-founder of Sycamore Networks and
Mukesh Chatter, co-founder of Nexabit Networks, both based in Massachusetts, USA,
have been named by Red Herring magazine in its list of top 10 entrepreneurs of
1999.
Mr Deshpande has three start-ups to his credit. Besides
Sycamore Networks, he had launched Coral Networks which was acquired by Synoptics (now
Nortel) and Cascade Communications, which he sold to Ascend Communications of Alamdea,
California. Lucent Technologies later acquired Ascend. Sycamore develops software-based
optical networking products.
Mr Chatter has over 16 years of experience in design and
development of networking and telecommunications equipment, and super computers. He had
invented the scaleable switching fabric architecture that is the foundation of the
switch/router technology being developed at Nexabit.
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S.N. Singh to head Philips
wing
Hong Kong: Philips NV has named S.N. Singh as the ad interim head of its
consumer electronics division for India, replacing vice president Ravi Pisharody, who has
left the company.
Mr Singh started his career with Philips some 20 years
ago.
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NRI to contest for
London Mayor
London: Mark Kotecha, a non-resident Indian who built a 10-million internet company in under four
years, is contesting the post of the mayor of London.
The Business Standard, in a report, said Mr Kotecha
will be among a list of candidates that includes Jeffrey Archer, novelist-politician. The
mayoral campaign is in full swing, although the election will be held in 2001.
Mr Kotecha is son of a London Underground ticket clerk. He
sold his Netlink Internet for 10 million pounds to Via, a US outfit, in preparation for
his plunge into politics. Netlink was one of Europe's biggest business providers of
websites and internet name registration services. Mr Kotecha is understood to have taken
an equity in Via.
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