H.K. Dua
will now advice PMO
New Delhi : Veteran journalist H.K. Dua will be media advisor
to the prime minister's office. His name was under discussion for some time now, though
the appointment has caused surprise.
People in the corridors of power in New Delhi are
now wondering what will happen to Ashok Tandon, who has been acting as media advisor,
though he's designated officer on special duty at the PMO. The appointment has sparked off
rumours that perhaps the prime minister wants a new-look PMO -- which means that more
changes may be imminent.
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DSQ has
new CEO
Chennai : Arun Tolani, chief executive officer of ICIM
International Ltd., California, will now continue to work out of the US as CEO of DSQ
Software Ltd., Chennai. He will report to Dinesh Dalmia, managing director. His continuing
will help the company deal directly with customers rather than through channel partners.
Mr Tolani, a product of IIT Mumbai, started his career with DCM Data Products, and
later joined Fujitsu ICIM in 1991. He is expected to take charge at DSQ in mid-December.
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Sunil Lulla
joins Microland group
Bangalore : Sunil Lulla has joined the Microland
group as president of its new global Internet venture, to be launched early next year.
Lulla will be based in Bangalore. Not too far back, he had left MTV, where he was general
manager, to join United Distillers & Vintners as vice president marketing.
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Jack Welch,
manager of the century
New York : General Electric's chairman and chief executive
Jack Welch has been selected Fortune magazine's 'Manager of the Century'. He won
over tough contenders such as Lee Iacocca, Percy Barnevik and Andy Grove. Mr Welch, 63,
nicknamed "Neutron Jack" has been a trail-blazer who transformed GE into a lean,
mean organisation to better cope with emerging challenges. Though he did win criticism for
the huge number of layoffs he engineered in the company, he has won admiration worldwide
for turning GE into a quick paced organisation from the lumbering dinosaur it was
threatening to turn into earlier.
Under Mr Welch, GE has been performing at its best ever. The company notched up its
second consecutive record quarterly profit in the third quarter ended September 30. The
first nine months found it posting a profit of $7.6 billion on revenues of $78.8 billion.
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Daewoo chief
to step down
Seoul : Kim Woo-Choong, the 62-year-old founder
of the Daewoo group, has offered to resign. He is yet to submit his resignation papers,
which he will do after he returns to South Korea from Europe. Around 14 senior executives
from 12 Daewoo affiliates, currently undergoing a debt workout, have also submitted their
resignations to the creditor committees involved with dismantling and reorganising Daewoo.
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