People on the move:

03 September 2004

Luthra to head Mahindra Systems & Automotive Technologies
Mumbai: Mahindra & Mahindra Ltd (M&M) has informed the stock exchange that Hemant Luthra, Executive Vice-President (Corporate Strategy), will head the newly formed Mahindra Systems & Automotive Technologies (MSAT) Sector.
Luthra assumed responsibility as President of this sector on September 1.

The company said that the resurgence of the automotive industry has created yet another opportunity to strengthen its presence through an entry into the auto components space, the growth of which is being fuelled by both domestic and export demand.

02 September 2004

Prakash Iyer quits Pepsi
New Delhi: Soft drink giant Pepsi's Market Unit Manager in China, Prakash Iyer, has put in his papers. Till May this year, Iyer was the regional manager in South India for PepsiCo India.

According to Pepsi Co, India, a final decision on the next Executive Director (Marketing) would be taken by the month end. The position fell vacant after Shashi Kalathil quit Pepsi in June this year.

01 September 2004