D.N. Basu is CGM, SB Bikaner & Jaipur
Mumbai: D.N. Basu, general manager (operations), State Bank of Bikaner and Jaipur, has been promoted as chief general manager of the bank. He joined the bank as a probationary officer in 1963, and also worked with the State Bank of Patiala and State Bank of Saurashtra.
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PNB chief goes on leave
New Delhi: Punjab National Bank chairman and managing director Rashid Jilani has proceeded on long leave. Mr Jilani has been under a cloud following accusations of corruption against him by the bank’s trade unions. A first information report has been filed against him with the Central Bureau of Investigations .

Mr Gilani’s term of office was to end on 6 March 2000.
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Gates steps down, inducts colleague as CEO
Los Angeles: Bill Gates has announced that he is handing over the reins of Microsoft Corporation, the company he co-founded and made the world’s largest software company, to his No 2, Steve Ballmer. Mr Ballmer will now be the chief executive officer. Mr Gates, who has been the company’s chief executive since its birth some 25 years ago, said he will continue to be chairman of the company. He will also designate himself chief software architect, and guide the company’s strategy in the Internet age. Mr Gates told a press conference that the decision will enable him to dedicate himself full time to building great software and strategising for the future.
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Baan executive quits
Netherlands: Business software firm Baan has lost its chief financial officer James Mooney. Mr Mooney has resigned just 10 days after the company’s chief executive Mary Coleman left. Baan, ranked Europe’s No2 maker of ERP software behind SAP, said it may have to post a fourth quarter loss of nearly $250 million.
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Ex-Disney animator dead
Los Angeles: Former Disney animator Marc Davis, who created characters like Cinderella, Bambi, Tinker Bell, Sleeping Beauty and the Cruella De Vil, and who earned the name Ladies Man in Disney circles, is no more. He was 86.

Disney said, Mr Davis died at Glendale Memorial Hospital following a stroke. He was known as the Ladies Man for his complex drawings of heroines and villainesses.
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