Travel Corpn reconstitutes board
Mumbai: Travel Corporation India (TCI) has reconstituted its board of directors.

Hoshang Billimoria, who is on the board as a nominee of the company, has been inducted as chairman, while Jehangir Katgara and Pradip Madhavji will function as independent directors.

Madhavan Menon (managing director of Thomas Cook) will function as a non-executive director and a nominee of the company.
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AV Birla retail units to be headed by expats
New Delhi: The AV Birla Group is restricting its retail operations to supermarkets and hypermarkets, and both will be headed by expats.

The two business unit heads would report to Sumant Sinha, the CEO designate of AV Birla Retail.

AV Birla's retail venture would be launched around Diwali of 2007 and in the absence of top managerial talent in the country, the leadership team of 30-40 executives would largely consist of expats with sufficient retail experience abroad.

For human resources and property management the AV Birla group has roped in HR head Vijay Kashyap and real estate head Pankaj Bandhe, the erstwhile heads of HR and property respective from Shoppers' Stop.
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Coke's Eurasia division to be headed by Bozer
New Delhi: Coca-Cola Inc has announced the appointment of Ahmet Bozer as group president of Eurasia, which includes the India division. Bozer who has been with Coke for 16 years, has mostly held finance-related portfolios.

At the beginning of this year, Coca-Cola Inc had restructured the top-level management team of its Asia-Pacific division, replacing south-east Asia and Pacific Group division head Patrick Siewert with Glenn Jordan.

Bozer's appointment comes at a time when Coca-Cola India, the company which handles all brand related marketing, and its bottling company Hindustan Coca-Cola Beverages (HCCB), are in the midst of a $250-million restructuring exercise aimed at overhauling its bottling and distribution operations, under the two CEOs Atul Singh and John Ustas, respectively.

Bozer's appointment is the first big change announced by Coke's new president and chief operating officer Muhtar Kent.
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