Collywood : People in the News

Steffi Graf-Kerala’s ayurveda ambassador?

From the hard and grass courts, tennis legend Steffi Graf may soon be appointed the Ayurveda brand ambassador of Kerala. The state tourism department had mooted a proposal to make her the brand ambassador as part of its new ‘Visit Kerala Scheme’. The department has an informal agreement with the former world number one tennis player, who has bagged 22 grand slam single titles. Now a formal signing of the agreement will take place as per the convenience of Steffi Graf. The idea behind appointing her is to promote the ancient system of traditional health care to woo tourists from abroad. After consulting with Graf, the tourism department will be charting out a series of programmes to launch the campaign outside India.

Padmasree Warrior to be Cisco advisor

Padmasree Warrior, one of Silicon Valley’s high-profile female executives, has stepped down from her post of Chief Technology Officer (CTO) at global IT giant Cisco after a significant restructuring of top management under incoming CEO Chuck Robbins. India-born Padmasree, named last month by Forbes among the world’s 100 most powerful women, will move into a strategic advisor role effective immediately and will stay on in this new role through the transition until September, Cisco said. Under the restructuring announced last week, the ten leaders who will sit on Cisco’s new executive leadership team will include India-born Pankaj Patel, Executive Vice President and Chief Development Officer. Padmasree, 54, had joined Cisco in 2008 and had served as CTO and senior vice-president of engineering during her seven years at the company. This highly respected leader has been a champion internally for innovation, strategic partnerships, investments and mergers and acquisitions.

Crompton Greaves ropes in Khosla

Shantanu Khosla, the Managing Director of Procter & Gamble India, will join the consumer business of Crompton Greaves to spearhead the company under its new private equity owners. Khosla is coming on board in a senior leadership position and is likely to be the vice-chairman and managing director, according to sources. Crompton Greaves’ consumer division, Crompton Greaves Consumer Products, is being spun out and getting demerged from its parent into a separately listed company through a court approved process. The 55-year-old, who will switch shampoo and detergents for fans and lighting, will have a board seat and a chief executive under him to drive daily operations.

Audi Q3 Suv Launchedin India

Audi, the German luxury car maker launched an all-new version of its popular SUV Q3 in India. The new Q3, powered by a 1968 cc diesel engine, is the fourth of five vehicles Audi India plans to launch in five months. As it tries to scale up in the Indian premium vehicle market, this vehicle will be available in three variants with the base variant priced at Rs. 28.99 lakhs (ex-Delhi showroom), the mid version at Rs.33.99 lakhs and top end at Rs. 37.50 lakhs. “We are confident that the new Q3 will bring in many new members to the Audi family much like it did since its launch and will further strengthen our dominance in compact luxury segment in India,” said Joe King, Audi India Head. Earlier this month, Audi had launched its super sports car RS 6 Avant priced at Rs.1.35 crores. The new grille is finished in satin chrome and merges with the headlamps (LED headlamps are optional). It is pulled by the same 2.0-liter 35 TDI 4-cylinder oil burner. The engine musters out 174 bhp @ 4200 rpm and 380 Nm of max torque extracted in-between 1750-2500 rpm. The engine is mated to a 7-speed dual clutch automatic transmission.

DB Schenker in India bags award, again

DB Schenker in India won the Supply Chain and Logistics Excellence Award 2013 the second time in a row. It won the top freight forwarder award at the Supply Chain And Logistics Excellence (SCALE) Award ceremony organised by the Confederation of Indian Industry (CII). The award recognizes excellence amongst logistics service providers and supply chain enablers to the user industry, whose stakeholders come from the automotive, engineering, consumer, retail and pharmaceutical sectors. In total, 212 applications were received for the nomination in various categories. The award emphasises DB Schenker’s leading position in India in providing end-to-end logistics solutions and its ability to cater to any industry and destination across the world

Bobby Jindal bids for White House

Louisiana governor Bobby Jindal announced he was running for the White House, making him the first Indian American to seek the country’s highest office. “My name is Bobby Jindal, I am the Governor of Louisiana, and I am running for President of the greatest country in the world, the United States of America,” Jindal said at an event launching his run. Jindal joins a crowded Republican race for the party nomination that has 13 candidates – with a few more in the offing -- to just four on the Democratic side. It will be tough for him to be noticed, and heroic to make it. Jindal, a two-term governor and two-term member of the House of Representatives, has been trailing badly in all public opinion polls on Republican contenders. He finished 11th in the most recent poll by The Wall Street Journal and NBC. Only the top ten will be on the stage for the debates that determine electability. The 44-year- old Jindal is married to Supriya and they have three children. His parents came to the US from Punjab. He started calling himself Bobby after a character in a popular TV series, The Brady Bunch, while in school.

Mahajan to head commercial & wholesale business at IDFC Bank

Infrastructure financier IDFC Ltd has appointed Ajay Mahajan as the head of commercial and wholesale banking business of its soon-to-begin banking operations. Mahajan will be in charge of lending to small and medium enterprises (SMEs), mid-sized and large companies, transaction banking, treasury and investment banking. Mahajan joined IDFC in October 2013 after a brief entrepreneurial stint at R-Square Advisors LLP. In his 23-year career, Mahajan has worked with the erstwhile Bank of America Corp., Yes Bank Ltd., and UBS AG. IDFC and Kolkata-based microfinance company Bandhan Financial Services Pvt. Ltd. received Reserve Bank of India’s (RBI’s) approval for a banking licence in April 2014. Both the firms are likely to start banking operations in October this year. Rajiv Lall, IDFC’s executive chairman at present, will be the managing director of the new IDFC bank, the company had said in July 2014.

Murdoch’s sons to take over empire

Lachlan Murdoch is still seen as well placed to take over the Murdoch global media empire despite his younger brother James’s resurrection as 21st Century Fox chief executive. The current CEO, 84-year-old media magnate Rupert Murdoch is expected to formalise his succession plan and a timetable to hand over the reins at the company’s board meeting. It would mean president Chase Carey standing aside after six years from the day-to-day running of Fox for 42-year-old James. While some view the decision as an anoint ing of James as heir, the 43-year-old Lachlan has also been promoted from a non-executive to hands-on executive co-chairman role with his father, who has not given any indication of retiring. According to the Murdoch-owned Wall Street Journal, James and Lachlan would run 21st Century Fox similarly to Mur doch and Carey’s arrangement, with one focused on the long-term and the other the operations. Lachlan is more familiar in Australia, where he lives and has held a series of high profile business roles outside and within News Limited before his resignation in 2005

IT Majors get innovative to serve clients better

T firms are doing what would have once been sacrilegious -- holding coding marathons to develop innovative fixes and deploying units to resolve client problems. Infosys, Wipro and others have kept pace with mushrooming start-ups, but the rate of revenue growth has more than halved since 2011-12, and this is mainly due to the competition in the field. Young set-ups go beyond cookie-cutter solutions and do the job more quickly and for less. They also attract the crème de la crème of India’s engineering graduates with their culture of bubble chairs, breakfast bars and table tennis at work. Client demands are similarly changing. Major telecoms, retail and banking firms want more than an outsourced help desk, right from solving a server crash overnight to building an app. To deal with this, Wipro, for example, has set up small “commando force” units that help get swift solutions. It has also introduced gaming-like training sessions and so-called hackathons to solve both fake and real client problems. Earlier this month, Infosys, long known for its inflexible rules of employee decorum, did away with a formal dress code. Earlier, it had relaxed rules preventing workers from accessing social networking web sites at work. Client demands are similarly changing in India’s $147 billion IT outsourcing industry. Major telecoms, retail and banking firms want more than an outsourced help desk, and now demand everything from help solving a server crash overnight to help building an app, industry veterans say. To be sure, it is hard for large IT companies, with an army of thousands of employees, to change overnight. Yet, steps as small as implementing a casual dress code and allowing employees to use their own tech devices mark a major cultural shift in an industry that still relies heavily on manpower to win business.

Selvakesari gets elevated at Citi

Citi has appointed Anand Selvakesari as Head of Consumer Banking for Asia Pacific. Anand will manage all of Citi’s consumer businesses in Asia across the 12 markets that Citi offers retail banking, wealth management, cards and mortgages in the region. During his 23 year Citi career, Anand has led Citi’s consumer bank in China and India and was most recently Southeast Asia Cluster head for Consumer Banking. Anand’s appointment is effective July 1 and he is taking over from Jonathan Larsen. Jonathan will focus on his role as Global Retail Banking and Mortgage Head with the additional responsibilities of US Retail Banking and Mortgage. Anand was formerly Head of Consumer Banking for ASEAN & India. In this role he took charge of in December 2013, Anand was responsible for the consumer banking businesses in the ASEAN cluster, including Singapore, Malaysia, Indonesia, Philippines, Thailand and Vietnam as well as India. A Citi veteran, Anand began his career in India in 1991, and has more than 23 years of experience in Consumer and Commercial Banking. As India Consumer head, he helped transform the business in India, re-defined consumer banking and today the India franchise holds leadership positions in cards, wealth management and digital banking.

Relli takes over as HDFC Sec chief

Dhiraj Relli will soon take charge as Managing Director and CEO of the retail broking firm HDFC Securities. Relli takes over this position from Aseem Dhru, who returns to HDFC Bank as group head, business banking, rural, commodity and agri-lending businesses. Commenting on the change in ranks, Dhru said, “I am thankful to all my colleagues at HDFC Securities for their support, without which it would not have been possible to achieve what we have over the past five years.” Relli has an experience of over two decades in the banking and financial management space. He joined HDFC Bank in 2008, before which he worked with Centurion Bank of Punjab and ICICI Bank. HDFC Securities, a subsidiary of HDFC Bank offers both retail and institutional broking with 250 branches and more than 1.5 million customers.

Software giants, Wipro boosts operations at Bhubaneswar

Wipro has committed a massive expansion of its facilities to house 28,000 employees. This is after the Odisha government ticked off Wipro for going slow on its development centre. However, the software giant has not spelt out a timeline for implementing its ambitious expansion plan. Wipro in a letter to the government has stated that it had approached the Centre for approval to be the co-developer for the special economic zone (SEZ). The matter is likely to be taken up at the next meeting of the Board of Approvals (BoA) for SEZs under the Union Commerce and Industry ministry. The company’s response comes in the wake of the state government’s recent warning that it would take back the 26 acres of land allotted at a prime location in the city if the project was delayed further. The company is likely to add 1,800 employees in the next ten months.

By Joe Williams