17 Aug | 18 Aug| 19 Aug| 20 Aug | 21 Aug | 22 Aug | 23 Augnews


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.
Back to News Review index page

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.
Back to News Review index page

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.
Back to News Review index page

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.
Back to News Review index page

 

 search domain-b
  go
 
domain - B : Indian business: News review : 23 August 1999 : people