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Ajit Nambiar is BPL chairman
Bangalore: Ajit Nambiar, son of BPL chairman T.P.G. Nambiar, is the
new chairman and managing director of the company. Mr Ajit Nambiar, a BS in computer
engineering from Boston University, has been with the company for 14 years. He said he is
ready to take up the challenge. "My vision is to make BPL the number one brand in the
country and also to be a global player."
T.P.G.
Nambiar, who built BPL virtually from scratch into a multi-crore electronics and
telecommunication giant, will continue to be a director of the company. He is currently
chairman of many other group companies, and it is not known whether he will relinquish
these positions.
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Ashok Jain quits
Schweppes, to set up e-venture
Mumbai: Ashok Jain, managing director of Schweppes Beverages, a division
of Coca-Cola India following its acquisition of the softdrinks business of Cadbury
Schweppes, has quit the company to launch an e-business firm. An advertising agency on the
web is also part of the plan, Mr Jain said.
Mr Jain has been with the Cadbury group for the last 19
years. C.Y. Pal, chairman of Cadbury India, will be chairman of the board of the new
company. Other promoters are Ashok Wadhwa, chairman of Ambit Corporate Finance, Rama
Bijapurkar, Anirudha Malpani, Hiren Patel and Saurin Shah.
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Chattopadhyay
gets key position in HMR
Mumbai: Sanat Chattopadhyay, executive director (technical), Hoechst
Marion Roussel (India), is being relocated to the US as vice-president of the Kansas city
operations of the parent company. The Kansas city operations have a turnover of $3 billion
and contribute 40 per cent of the company’s profits.
Mr Chattopadhyay will lead a team of directors and will
report to Dan Maher, head of HMR's North American operations.
Mr Chattopadhyay joined the company as a management
trainee in 1983.
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Diwan on Datamatics
board
Mumbai: M.G. Diwan, actuary and former chairman of the Life Insurance
Corporation of India, is now a director on the board of software firm Datamatics. Mr Diwan
will also act as an advisor to the company.
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