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Bata India Ltd approves re-appointment of Managing Director


Bata India Ltd approves re-appointment of Managing Director
Posted On:
2021-02-14 05:36:27
(Time Zone: Arizona, USA)
Mr. Rajeev Gopalakrishnan (DIN : 03438046), who was re-appointed as the Managing Director of the Company for a period of 5 years w.e.f. February 23, 2016 at the 83rd AGM (2016) of Bata India Ltd, has been re-appointed as the Managing Director for a further period upto September 30, 2021, subject to approval of the members of the Company.
Mr. Rajeev Gopalakrishnan holds a Bachelor s in Mechanical Engineering from the University of Kerala. He has attended various courses and advanced programmes of BSO, viz. Course Leader Advanco 2009 (India / China), Advanco 2006 in Singapore, Advance Retailing Courses, Executive Management Programme in 2009, Sprint 1997 (Retail Course), and Retailco 1996 in India. In addition, he has also attended a programme in IMD, Switzerland on Leadership and Sustainable Business Growth. ....

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IBM can't spin its way out of trouble


IBM can’t spin its way out of trouble
Arvind Krishna, seen here at The Wall Street Journal: The Future Of Everything Festival in 2019, formally became chief executive officer of IBM in April.Premium
1 min read
Dan Gallagher
, The Wall Street Journal
Disappointing results bring stock back to where it was before the company announced a spin-off meant to boost growth prospects
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IBM is learning fast that even ambitious weight-loss plans don’t always solve everything.
The company more formally known as International Business Machines posted disappointing fourth-quarter results late Thursday. Revenue slipped across the company’s business lines, though the most painful miss came in Big Blue’s cloud and cognitive software segment, which saw revenue fall 4.5% year over year to $6.8 billion. That was well below the $7.3 billion Wall Street had been expecting for a key business unit that had been showing steady growth of late. The Dow compone ....

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Reliance spins off oil-to-chemical unit


Reliance spins off oil-to-chemical unit
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A woman walks past a poster of Reliance Industries installed outside the venue of the company s annual general meeting in Mumbai June 7, 2012.
(REUTERS)
. Updated: 24 Jan 2021, 01:22 PM IST PTI
Reliance for the first time reported integrated earnings of the O2C business in its third quarter financial results
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NEW DELHI :
Billionaire Mukesh Ambani s Reliance Industries Ltd has completed spin-off of the firm s oil-to-chemical business into a new unit that will help it pursue growth opportunities with strategic partnerships, the company has said.
The oil-to-chemical (O2C) business unit holds Reliance s oil refinery and petrochemical assets and retail fuel business but not upstream oil and gas producing fields such as KG-D6 and textiles business. ....

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