Shiv Nadar steps down as chairman of NIIT
New Delhi: Shiv Nadar, founder and chairman of NIIT, has stepped down as chairman of the company. Rajendra Pawar, the present vice-chairman and managing director, will now be the executive chairman of NIIT. The formal announcement will be made after NIIT's board meeting in October 1999.

Earlier, Vineet Nayyar was elevated as chairman of another group company, HCL Comnet.
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Khursheeda Mody is MD of UTV
Mumbai: Khursheeda Mody has assumed charge as managing director of United Television. She has taken over from Ronnie Screwvala, chairman and managing director of the company, who has stepped down to take charge of the Unilazer group as chairman. Mr Screwvala continues to be executive chairman of UTV, a Unilazer group company.

Ms Mody was earlier with the World Gold Council and has also served with Johnson & Johnson in India, Thailand and Australia and with Saatchi & Saatchi in Thailand.

Meanwhile, two senior personnel, Manish Popat, chief of airtime sales, and Noshir Desai, chief executive officer of United Studios, have left the Unilazer group.
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Manu Sawhney is ESPN-Star Sports chief
New Delhi: Manu Sawhney is the new chief of ESPN-Star Sports. He replaces R.K. Singh, who has quit the company to join Zee Telefilms.

Mr Sawhney was earlier vice-president, sales and marketing at ESPN-Star Sports. He has been promoted to the post of managing director.

Mr Sawhney has been with ESPN-Star Sports since 1996 and has been instrumental in setting up a regional distribution infrastructure for the channel as an encrypted service. He had also conceptualised and implemented the brand positioning strategy for both ESPN and Star Sports.
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Sharda Singh may get extension
Calcutta: Sharda Singh, chairman and managing director of Uco Bank, is likely get an extension of his term of office, which is ending on 31 December 1999.

The loss-making bank is now implementing its headquarters restructuring and is revamping its operations under the Verma panel. The bank had recorded an operating profit of Rs 26.69 crore for the quarter ended 30 June 1999 compared with Rs 11.46 crore during the corresponding period in 1998-99.
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DaimlerChrysler president may exit
London: DaimlerChrysler is to announce the exit of Thomas Stallkamp as president of the German-US car company. DaimlerChrysler is undertaking a management overhaul and at least five senior directors are likely to be replaced or demoted. The revamp is intended to strengthen the hands of Jurgen Schrempp, the company's joint chairman and chief executive.

Mr Stallkamp has been a popular manager. He is credited with the recent agreement between DaimlerChrysler and the United Auto Workers union. He has also been an ardent champion of the Chrysler brands.
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