Naresh Malhotra quits as Cafe Coffee Day CEO
Bangalore: Naresh Malhotra, CEO, Cafe Coffee Day has resigned after being with the company for six years.

Malhotra is said to have built up Cafe Coffee Day to what it is now from scratch enhancing its topline to Rs 400 crore at the end of FY07.

Malhotra is said to be exploring options in either retail or private equity.

Cafe Coffee Day is the retail arm of Amalgamated Bean Coffee Trading, a coffee exporter based in Bangalore and run by V Siddhartha, the son-in-law of Maharashtra Governor and senior Congress leader S M Krishna.
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New MD for Whyte & Mackay
Bangalore: UB group's newly acquired Scotch whisky company, Whyte & Mackay will soon have a new managing director as Bob Brannan, the managing director of the company since 2005 has resigned.

The UB Group is learnt to have shortlisted a top executive of a global FMCG company to head Whyte & Mackay and he is expected to take up his new assignment in another two months.

Two of UB's senior officials have been deputed to Whyte &Mackay in senior positions. These are Alok Gupta who will head branding and marketing and Ashoke Roy who will head finance of the Scottish company.

Alok Gupta who used to head marketing for United Spirits has now been replaced by Amrit Thomas who earlier headed Hindustan Unilever's beverages division.
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Corus directors on Tata Steel board
Mumbai: Tata Steel will seek shareholders' approval for appointment of four directors of Corus on its board at the company's annual general meeting to be held on July 18. They are Jim Leng, Philippe Varin, Jacobus Schraven and Dr Anthony Hayward. These directors were appointed with effect from May 17, 2007.
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