Rahul Bajaj on Thursday stepped down as the chairman and non-executive director of Bajaj Auto. He will be replaced by Niraj Bajaj.
Rahul Bajaj has been at the helm of the two-wheeler major since 1972 and the group for five decades. In a regulatory filing to the bourses, Bajaj Auto said that Rahul Bajaj has tendered his resignation considering his age.
At its meeting held on Thursday, the board of directors, as recommended by the nomination and remuneration committee, has approved his appointment as chairman emeritus for a term of five years from May 2021.
Last year, Rahul Bajaj had decided to give up his executive role to become a non-executive director while holding the position of the chairman.
Pine Labs appoints Tanya Naik as the Head of Omnichannel
Pine Labs appoints Tanya Naik as the Head of Omnichannel
Mumbai, Dec 29: Pine Labs, leading merchant commerce platforms said that company has appointed Tanya Naik as the Head of Omnichannel.
Commenting on the appointment, Nitish Asthana, President and COO, Pine Labs, said, “Tanya’s wealth of experience in banking, partnerships and pure play fintech will play a critical role in the launch and expansion of our omnichannel business, as this is the way consumers and businesses will buy and sell in the future. At Pine Labs, our leadership in offline merchant space provides us a unique platform to expand our suite of services, particularly when Covid19 has provided a major fillip to consumers’ preferences to shop, discover and buy online and offline in equal measure.”