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Nohria may step down as Crompton Greaves
chief
Mumbai: Coming close on the heels of a restructuring plan for the Thapar group, it is
understood that Mr. K. K. Nohria, longtime chairman and managing director of flagship
company, Crompton Greaves Limited, will step down from this position. The move on part of
Mr. Nohria to step down was, apparently, known within the group for the last one year, but
he had decided to continue as chairman of the company for some time.
It is also understood that a few other directors would
also resign alongwith Mr. Nohria.
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K. R. Girish jumps ship from
KPMG to Ambit
Bangalore: Ambit Corporate Finance Pvt Limited, a leading finance company floated by
well known finance professional, Ashok Wadhwa, has snared one of the country's best
taxation brain.
K. R. Girish, who set up the international taxation
practice for KPMG, and is considered to be one of the best brains in the arena of taxation
in the country, will leave the multinational consulting firm and join Ambit as the head of
Ambit's south India operations.
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