People on the move:

Matrix Labs director Ravinder quits
Hyderabad: The board of Matrix Laboratories Ltdhas accepted the resignation of M. Ravinder as Director and Executive Vice-President with effect from September 8.

In a press release here on Friday, Matrix Lab said that Ravinder during his tenure was responsible for general finance and business support services and played an active role in the growth process of the company. He recently divested his 6.5 per cent stake in the company to the strategic and other investors.

09 September 2004

New TVS Motor Executive V-P
Hosur: TVS Motor Company has announced the appointment of K.N. Radhakrishnan as Executive Vice-President. Radhakrisnan will be directly responsible for sales and marketing and material functions for the next six months.

Thereafter, he will assume responsibilities of all functions connected with two-wheeler business in India, according to a company release.

Radhakrishnan, holds an M. Tech from IIT Chennai, started his career 18 years ago with Sundaram Clayton Ltd. He has undergone several training programmes including an advanced training in manufacturing process at IIM, Ahmedabad.