HOME > BUSINESS > Former HUL Vice Chairman joins Infosys board

Former HUL Vice Chairman joins Infosys board

Infosys said it appointed Unilever veteran D Sundaram as an independent director.

He is currently the Vice Chairman and MD of TVS Capital Funds Ltd.

“He joined Unilever Group in 1975 and served in various leadership capacities in Unilever Group in a career spanning over 34 years, including Director of Finance & IT, and Vice Chairman of Hindustan Unilever Limited,” the outsourcing company said.

Sundaram is also a Fellow of the Institute of Cost Accountants of India and a Post Graduate in Management Studies.

“He brings extensive experience in the field of finance and strategy execution,” said Chairman Seshasayee.

Follow ULTRA.news
SN Subrahmanyan takes over as Larsen & Toubro CEO Larsen & Toubro Deputy Managing Director and President S.N. Subrahmanyan has taken over as CEO and Managing Director with effect from today.SN SubrahmanyanHe has been on the company's board since 2011 and was named the new CEO in April this year.At the meeting on Apr...
Vishal Sikka says Infosys trying to retrain employees displaced by automation Infosys Chief Executive Officer Vishal Sikka said his company was not overwhelmed by the problem of automation and that it is trying to retrain its staff displaced by automation.Sikka was responding to a question on 'what happened to the 11,000 employees' displaced by automat...
Infosys denies promoter stake sale plans Infosys CEO Vishal SikkaIT services player Infosys again clarified that its promoters had no plans to bring down their stake in the company."Infosys would like clarify reports in the media speculating on plans of stake sale by the promoters," the company said in response...
We expected better numbers: Vishal Sikka of Infosys Infosys Chief Executive Officer Vishal Sikka said the company's performance in the January-March period was below his expectations for various reasons."It is a challenging performance," Sikka said in a post-result press conference. "We were expecting a higher number," sai...
Infosys guides for FY18 growth of 6.5-8.5% in constant currency Infosys Q4 resultsInfosys Ltd said it expects its revenue to grow by a modest 6.5-8.5%, stripped off the impact of currency movements, in the year that started this month.The street was expecting a guidance of 7-9% growth.The guidance is well below the traditional gu...
Snapdeal appoints Jason Kothari as CEO of Freecharge, commits funds E-commerce firm Snapdeal said it has appointed former housing.com CEO Jason Kothari as the Chief Executive Officer of its wallet service FreeCharge at a time when competition in the mobile payments space is at an all-time high.Contrary to rumors of a cash crunch, Snapdeal sai...
Wipro’s TK Kurien steps down earlier than expected After TCS' Chandrasekaran, it is the turn of Wipro's former CEO and current executive vice chairman TK Kurien to retire. He was expected to step down in March.He will step down at the end of this month, a year after he was moved out of the CEO position.“TK and Abid ha...
N Ganapathy Subramaniam appointed new TCS COO COO N Ganapathy SubramanianTata Consultancy Services said it made two appointments in the wake of the departure of Chief Executive officer N Chandrasekaran: N. Ganapathy Subramaniam, elder brother of outgoing CEO Chandrasekaran, has been appointed as the chief operating offi...
Infosys invests Rs 14.5 cr in Danish artificial intelligence startup UNSILO Technology services provider Infosys said it made an investment of 14.92 mln Danish kroners in Danish startup UNSILO from its innovation fund.UNSILO is a Danish artificial intelligence startup founded in 2012 and focus on advanced text analysis.It uses a combination of m...
Infosys invests TidalScale, provider of simple supercomputing software Technology provider Infosys said it made investment in TidalScale, a provider of software-defined server.No details about the financial aspects of the investment were made public.TidalScale's offering, in many ways, is the opposite of virtualization. While virtualizat...
Suneel M Advani to take over as Chairman of Blue Star Air conditioning giant Blue Star Ltd said its Vice Chairman Suneel M Advani will be elevated as the Chairman of the company from 1st December.The current Chairman Ashok M Advani who will turn 75 on November 17 will retire after 47 years of service and will be re-designated as...
Vinod Sawhny resigns as Reliance Communications CEO ahead of Aircel merger looms Reliance Communications said its CEO Vinod Sawhny resigned  with immediate effect for personal reasons."We wish to inform you that the Company has accepted request of Mr. Vinod Sawhny to step down as Chief Executive Officer of the Company with effect from September 30, 2016 t...
Jet Airways promotes Jayaraj Shanmugam as Chief Commercial Officer Jet Airways promoted Jayaraj Shanmugam as its Chief Commercial Officer.Since joining Jet Airways’ in mid-2015 and as Sr. Vice President of Products & Services, Shanmugam has been instrumental in sharpening the organization’s focus towards delivering superior guest engagem...
Anil Ambani’s son Jai Anmol to be appointed Executive Director of Reliance Capital Reliance Capital, the financial services arm of Reliance Anil ambani Group today appointed Jai Anmol Ambani, elder son of Anil Ambani to the companyś board and said he will be appointed as full time Executive Director at the companyś annual general meeting.Jai had first j...
Infosys’s Finacle tops Forrester survey Infosys Ltd said its banking software Finacle has been named the leader among nine top banking platforms in ‘The Forrester WaveTM: Customer-Centric Global Banking Platforms, Q3 2016’.The ranking was done on the basis of 40 criteria focusing on strategy, current offering and m...
Bank of Baroda appoints Ashok Kumar Garg as Executive Director Bank of Baroda appointed Ashok Kumar Garg as their new Executive Director on tuesday. He was General Manager at the bank.He has experience of 37 years in various banking fields in India as well as overseas, the company said.Garg is a Master of Commerce degree with additio...
Jet Airways CFO Agarwal to be acting CEO Jet Airways’ Chief Financial Officer, Amit Agarwal is taking on the responsibility as Acting Chief Executive Officer effective March 1, 2016, the company said.He will function as Acting Chief Executive Officer in addition to his responsibilities as CFO of the Company, til...
Infosys board member resigns for personal reasons Infosys said one of its board members has resigned for personal reasons.Carol M. Browner was an independent director of the company. She has served as director of the White House Office of Energy and Climate Change Policy in the Obama administration from 2009 to 2011.She...
Infosys acquires oil and gas specialist Noah Consulting for $70 mln Infosys Ltd, one of India's top IT consulting companies, said it had agreed to acquire Texas-based Noah Consulting LLC, "a leading provider advanced information management consulting services for the oil and gas industry" for $70 mln cash.Noah Consulting helps upstream oil an...
OPPO hopes to sell 1.5 mln units in India, changes CEO OPPO, a China-based smartphone brand, has changed its India CEO, and said it has sold around 400,000 phones in India since its entry last year.It also said it is targeting to sell 1.5 million units in 2015.The company has been among the most aggressive in terms of expend...
Coca Cola appoints James Quincey as new COO The Coca-Cola Company today announced James Quincey as President and Chief Operating Officer (COO).Ahmet Bozer, Executive Vice President and President of Coca-Cola International is going to Retire after Distinguished 25-Year Career.As President and COO, Quincey will have...
Housing.com gets a new Chief Business Officer Housing.com, which recently fired its founder and CEO Rahul Yadav, said it had appointed Jason Kothari as its Chief Business Officer and member of the Operating Committee to drive its overall strategy and growth in India.Jason, together with iCEO & COO Rishabh Gupta, wil...
Catholic Syrian bank gets a new MD The Catholic Syrian Bank Limited, a private bank based in Kerala readying for its IPO, has appointed Anand Krishnamurthy as the Managing Director and Chief Executive Officer. Krishnamurthy holds a bachelor’s degree in technology (mechanical engineering) from the Indian Inst...
Airtel taps entrepreneur Manish Khera to head Airtel Money Telecom provider Bharti Airtel said that Manish Khera, Co-founder & MD of YTS Solutions will be appointed as CEO of Airtel M Commerce Services Limited (AMSL), which offers Airtel’s flagship semi-closed wallet under the brand name ‘Airtel Money’.YTS Solutions provides solu...
Infosys revenue beats estimates, now better than TCS? Infosys, the country's third largest IT services exporter, announced that its first-quarter revenue has risen 4.5% to $2.26 bln vs expectations of $2.22 bln, beating the expected revenue.Against an expected sequential growth of 2.9% in constant currency, Infosys reported ...