Three vying for Sebi chief’s post
Mumbai: T.S. Krishnamoorthy, secretary in the department of company affairs, S.P. Talwar, deputy governor of the Reserve Bank of India, and G.P, Gupta, chairman of the Industrial Development Bank of India are understood to be the frontrunners for the position of chairman of the Securities and Exchange Board of India. The position will be vacant when the present incumbent, D.R. Mehta, remits office in February 2000.
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Narayana Murthy gets IBR award
New Delhi: Infosys Technologies chairman and chief executive officer N.R. Narayana Murthy has been adjudged as India Business Report’s Businessman of the Year. Mallika Srinivasan, director of Tractors and Farm Equipment, has been named Businesswoman of the Year. The awards were presented to them by finance minister Yashwant Sinha.

India Business Report is a business-related programme produced by NDTV of Delhi and aired by BBC World. Members of the jury, which selected the awardees, were Scott R. Bayman, General Electric India’s president and chief executive officer, Isher Judge Ahluwalia, director and chief executive officer of Indian Council for Research on International Economic Relations, Anand P. Raman, Business Today’s editor, and Tarun Das, Confederation of Indian Industry’s director general.
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India Venture 2000 constituted
New Delhi: McKinsey & Co has constituted an advisory board of "India Venture 2000", a scheme designed to help Indian entrepreneurs to start or grow their informtion technology businesses. The members of the board are are : N.R. Narayana Murthy, chairman and cheif executive officer of Infosys Technologies, K.V. Kamath, chairman and managing director of ICICI, Dewang Mehta, president of Nasscom, Kanwal Rekhi, president of TiE, C.K. Prahlad, professor at Unviersity of Michigan Business School, Govardhan Mehta, director of Indian Institute of Science, Dalip Pathak, Asia head, Warburg Pincus, and L.N. Mittal, chairman of L.N. Mittal group.
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BMW chief to join Volkswagen
Wolfsburg: Volkswagen AG has announced that former chairman of BMW, Bernd Pischetsrieder, is joint its management board. Mr Pischetsrieder is to take charge of Volkswagen’s Seat brand and the new quality control division. He had held the position of chairman of BMW for nearly six years.
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Mark Fields to head Mazda
Tokyo: Thirty-eight-year-old Mark Fields, vice-president, Mazda Motor Corporation, is taking over as president of the car company, an affiliate of Ford Motors and the fifth largest Japanese automaker. He replaces James Miller and becomes the youngest president of a Japanese auto company.

Mr Fields came to Mazda from Ford in August 1998 as senior advisor for marketing and sales. Prior to his Mazda assignment, he was with Ford in Argentina.
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