Friday, March 31, 2023
  • Login
Euro Times
No Result
View All Result
  • Home
  • Finance
  • Business
  • World
  • Politics
  • Markets
  • Stock Market
  • Cryptocurrency
  • Investing
  • Health
  • Technology
  • Home
  • Finance
  • Business
  • World
  • Politics
  • Markets
  • Stock Market
  • Cryptocurrency
  • Investing
  • Health
  • Technology
Euro Times
No Result
View All Result

Eveready names Suvamoy Saha as MD for three years, Burmans hail decision

by Euro Times
March 9, 2022
in Business
Reading Time: 3 mins read
A A
0
Home Business
Share on FacebookShare on Twitter




Shut on the heels of the resignation of Amritanshu Khaitan as managing director of the nation’s largest dry cell battery maker, Eveready Industries India, Suvamoy Saha has been chosen to don the mantle.


In an alternate submitting, Eveready has knowledgeable that the board at its assembly held on Wednesday accepted the appointment of Saha because the managing director of the corporate for 3 years efficient from Wednesday.





Mohit Burman, who has been spearheading the Burman household funding in Eveready, mentioned, it was a “optimistic improvement”.


The Burman household – the biggest shareholder in Eveready with round 19.84 per cent – introduced its intent to take management of the corporate and an open provide for an extra 26 per cent on February 28 (the provide opening date is April 26).


For the reason that announcement from the Burman Group, developments in Eveready have been quick-paced.


On March 3, Khaitan relations – Aditya Khaitan and Amritanshu Khaitan – resigned from the board as non-executive director and chairman and as managing director of the corporate, respectively.


The board whereas accepting the resignations had requested Saha, joint managing director of the corporate, to imagine obligations because the managing director, until such time that it’s taken on file by the board on the advice of the nomination and remuneration committee. The board accepted his appointment.


Commenting on the event, Saha mentioned, “I’m a part of a really thrilling time for the corporate. It’s presently utterly professionally managed and single-mindedly targeted, with none diversion, on the following section of development.”


“Within the client house, our asset is essentially the most underutilised asset amongst all client firms, each when it comes to model and distribution. We have to work on that,” Saha added.


In January, Eveready had roped in consultancy agency Bain & Firm to assist it establish worthwhile enterprise technique and execution of the identical.


“We now have received the very best of consultants who will assist us in growing technique and likewise in bringing new efficiencies into our current enterprise,” Saha mentioned.


Saha (63) has been with Eveready for lengthy. Earlier than his appointment as joint managing director in August, he was a whole-time director of Eveready from March 2005 to July 2019.

Pricey Reader,

Enterprise Commonplace has at all times strived arduous to offer up-to-date info and commentary on developments which can be of curiosity to you and have wider political and financial implications for the nation and the world. Your encouragement and fixed suggestions on the right way to enhance our providing have solely made our resolve and dedication to those beliefs stronger. Even throughout these troublesome instances arising out of Covid-19, we proceed to stay dedicated to retaining you knowledgeable and up to date with credible information, authoritative views and incisive commentary on topical problems with relevance.

We, nonetheless, have a request.

As we battle the financial affect of the pandemic, we want your help much more, in order that we are able to proceed to give you extra high quality content material. Our subscription mannequin has seen an encouraging response from lots of you, who’ve subscribed to our on-line content material. Extra subscription to our on-line content material can solely assist us obtain the objectives of providing you even higher and extra related content material. We imagine in free, truthful and credible journalism. Your help via extra subscriptions may help us practise the journalism to which we’re dedicated.

Assist high quality journalism and subscribe to Enterprise Commonplace.

Digital Editor





Source link

Tags: BurmansDecisionEvereadyhailNamesSahaSuvamoyyears
Previous Post

Oil producers in ‘dire situation,’ unable to ramp up output: Oxy CEO

Next Post

Chevron, Caterpillar, SunPower and more

Related Posts

Google introduces ‘About this result’ feature in 9 Indian languages to fight misinformation

by zee business
March 31, 2023
0

As search trends for online misinformation in India reach an all-time high in 2023, Google on Friday said that its...

Reliance Shares Surge As NCLT Gives Nod To Jio Financial Services

by Rishabh Mishra
March 31, 2023
0

Reliance Shares Surge As NCLT Gives Nod To Jio Financial Services MarketsReliance Shares Surge As NCLT Gives Nod To Jio...

Sensex, Nifty open higher aided by financials, IT stocks

by Euro Times
March 31, 2023
0

BSE Sensex and NSE Nifty were off to a positive start on Friday, aided by high weightage information technology (IT)...

Thousands of judicial reform supporters demonstrate in Tel Aviv

by Nitsan Shafir
March 31, 2023
0

The demonstrators carry Israeli flags, Likud banners, and placards with slogans such as “Second Class Citizen” and "The Election is...

Shaw Communications stock gains ahead of walk deadline for Rogers deal

by Euro Times
March 30, 2023
0

JHVEPhoto/iStock Editorial via Getty Images Shaw Communications (NYSE:SJR) rose almost 1% ahead of a Friday deadline for the parties to...

upi: NPCI chief says basic UPI services will remain free

by Euro Times
March 30, 2023
0

Kumarakom: The basic UPI services will continue to remain free, and India will reach an agreement with some of the...

Next Post

Chevron, Caterpillar, SunPower and more

Why Are Gas Prices Increasing?

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Drew Carey made a radio show with AI. Fans weren’t pleased.

March 31, 2023

Google introduces ‘About this result’ feature in 9 Indian languages to fight misinformation

March 31, 2023

Crypto Exchanges Should Be Transparent About User Accounts: FatMan By CoinEdition

March 31, 2023

Core PCE up 0.3%, less than expected

March 31, 2023

Stoltenberg predicts when Sweden could join NATO — RT World News

March 31, 2023

AGG Vs. BND: Picking A Core ETF For U.S. Bond Exposure (NYSEARCA:AGG)

March 31, 2023
Euro Times

Get the latest news and follow the coverage of Business & Financial News, Stock Market Updates, Analysis, and more from the trusted sources.

CATEGORIES

  • Business
  • Cryptocurrency
  • Finance
  • Health
  • Investing
  • Markets
  • Politics
  • Stock Market
  • Technology
  • Uncategorized
  • World

LATEST UPDATES

Drew Carey made a radio show with AI. Fans weren’t pleased.

Google introduces ‘About this result’ feature in 9 Indian languages to fight misinformation

  • Disclaimer
  • Privacy Policy
  • DMCA
  • Cookie Privacy Policy
  • Terms and Conditions
  • Contact us

Copyright © 2022 - Euro Times.
Euro Times is not responsible for the content of external sites.

No Result
View All Result
  • Home
  • Finance
  • Business
  • World
  • Politics
  • Markets
  • Stock Market
  • Cryptocurrency
  • Investing
  • Health
  • Technology

Copyright © 2022 - Euro Times.
Euro Times is not responsible for the content of external sites.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In