Saurabh Mishra to head Grasim
Mumbai: Saurabh Mishra, who joined the A.V. Birla group after quitting from ITC in March 1999, has been elevated to head the group's cement division.

Mr Mishra will replace M.C. Bagrodia, a confidante of the late Aditya Vikram Birla, who oversaw the integration of the cement business of Indian Rayon and Grasim under the Grasim banner. Mr Bagrodia will head the group's carbon black business. He will also be a full time director on the Grasim board.

Both Mr Mishra and Mr Bagrodia are directors on the board of the Birla Management Centre, the elite think-tank of the Rs 20,000-crore group.
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Changes at Lupin
Mumbai: Lupin Laboratories has made personnel changes at its top level. While Lalit Kumar, president (international), who has been heading the entire bulk drug and export division of the formulations business, has resigned, the company has shifted Manohar Arora, president (pharmaceuticals) to "special assignments".

The Rs 716-crore company promoted by Desh Bandhu Gupta now intends to have a new president and divide Mr Kumar's responsibilities between him and Vinita Gupta, the eldest daughter of Mr Gupta.

Lupin has recruited Pradeep Rane, formerly of Ranbaxy's Rexcel division, as director, to replace Mr Arora. Nitin Jaywant, formerly managing director of Lupin Labs (Thailand), has been promoted to the post of president to head the entire bulk drug business.
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Bhatnagar to head Enron SE Asia unit
New Delhi: Sanjay Bhatnagar, head of Enron's Indian operations, will head Enron Corporation's South East Asian business group. He will be responsible for the company's operations in India, Bangladesh and Nepal.

Mr Bhatnagar will report to Enron Corporation's top management team headed by chief executive officer and chairman Kenneth Lay, chief operating officer Jeff Skilling and vice chairman Joseph Sutton.
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Mayya plans to quit from BSE depository
Mumbai: P.V. Mayya, managing director of the Central Depository Services of the Bombay Stock Exchange, is understood to be stepping down. He has conveyed his decision to the chairman of the depository, S.A. Dave.

There are reports that Mr Mayya has differences of opinion with BSE officials on decisions taken for the depository. Mr Mayya, however, declined to comment on the news.
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Mike Moore to take over as WTO head
Geneva: Mike Moore, former New Zealand prime minister, will take over as chief of the World Trade Organisation on 1 September.

The appointment of the head of WTO was mired in controversy, as there was a bitter fight between Mr Moore and Supachai Panitchpakdi of Thailand for the position.
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