Flipkart rejigs leadership, appoints Sriram Venkataraman as COO : Bulletin: Business Today
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Flipkart rejigs leadership, appoints Sriram Venkataraman as COO

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December 13, 2018

Flipkart rejigs leadership, appoints Sriram Venkataraman as COO

Walmart-backed Flipkart has rejigged its senior leadership team, including the appointment of Sriram Venkataraman as a chief operating officer (COO).Venkataraman, who is currently the chief financial officer at Flipkart, is assuming the additional role as COO, according to an e-mail sent to employees by Flipkart CEO Kalyan Krishnamurthy. As part of the COO charter, he will be responsible for Ekart (logistics vertical), the marketplace and the retail vertical.
There has to be free, fair, objective discussions between govt, RBI: Shaktikanta Das

The new head of India's central bank said on Wednesday he would consult more closely with the government on policy issues and meet heads of state-run lenders within hours to address problems facing the banking sector.Marking a clear break with the policy approach of his predecessor, Shaktikanta Das also struck a dovish tone on prospects for inflation and the economy, hinting that the Reserve Bank of India (RBI) might adopt a more growth-friendly monetary framework under his watch. Das was appointed on Tuesday in place of Urjit Patel, who resigned abruptly the previous day after clashing with the government
Air India pilots' body decides to not accept last minute duties as part of its 'flight safety week'

Air India's narrow-body aircraft pilots' body has decided to resort to "work-to-rule" and not accept last minute duties as part of its "flight safety week" and also protest the delay in payment of the flying allowance.The Indian Commercial Pilots Association (ICPA), which claims to represent over 700 pilots in the government-run airline, Wednesday issued directives to its members on a range of issues.

Retail inflation drops to one-and-half year low of 2.33% in November

Retail inflation cooled to an about one-and-half year low of 2.33 per cent in November, official data showed Wednesday. The consumer price index (CPI) based retail inflation in October was revised upwards to 3.38 per cent from 3.31 earlier, the Central Statistics Office (CSO) said. Retail inflation stood at 4.88 per cent in November 2017. The rate of price rise has been on a decline for the past four months
DLF Group CFO Saurabh Chawla resigns

Realty major DLF Wednesday said its group CFO Saurabh Chawla has resigned from the company to explore new professional opportunities. Ashok Kumar Tyagi, the company's whole-time director, would be the new group chief financial officer (CFO), DLF said in a filing to the BSE. Chawla, who joined DLF in April 2006, became CFO in December last year. Tyagi was the group CFO before Chawla.

Axis Bank offers home loan with higher principal repayment component

Axis Bank will be offering its new home loan customers an alternative to reduce their principal amount on a monthly basis, in a departure from the current system wherein the lion's share of repayment initially is the interest component. By reducing the principal with every month's repayment, the gross amount repaid by a borrower during the duration of a loan will also go down as the interest outgo comes down, officials at the private sector lender said
Mukesh Ambani's daughter Isha ties the knot with Anand Piramal

The usually peaceful Altamount Road turned into a buzzing neighbourhood on Wednesday as the gates of the tower-house Antilla opened to welcome the guests for the wedding of its owner Mukesh Ambani's daughter Isha to fellow billionaire Ajay Piramal's son Anand. Isha's twin-brother Akash and elder brother Anant Ambani rode out on specially requisitioned horses, in traditional attire late in the afternoon, beginning the nuptial ceremony of India Inc's most watched event  of the year
Priya Varrier 'winks' India's most searched personality tag in 2018: Google

Priya Prakash Varrier's iconic 'wink' has helped the Malayalam actress earn the honour of being the 'most searched personality' in India this year on Google, ahead of celebrities like Priyanka Chopra and Salman Khan. According to Google's Year in Search, Varrier ranked numero uno in the most searched personalities list in India ahead of Nick Jonas, Sapna Choudhary, Priyanka Chopra, Anand Ahuja, Sara Ali Khan, Salman Khan, Meghan Markle, Anup Jalota and Boney Kapoor. Globally, Meghan Markle -- who married Prince Harry earlier this year -- topped the list of most searched people.



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