appointed Satya Easwaran, a former senior executive at consultancy KPMG, as its India head on Monday. Easwaran will be in charge of strengthening Wipro’s business in India across key industry sectors through strategic consulting, transformation and modernisation engagements. During his tenure at KPMG, in India and the US and at Accenture India, Easwaran held multiple leadership positions in management consulting with a focus on Software-as-a-Service (SaaS), cloud, digital, strategy and transformation.
Sanofi India has appointed Rodolfo Hrosz as the company’s new managing director with effect from 1 June. He will transition from being Sanofi’s general manager, consumer healthcare business in Brazil to his new role in India. He will take over from Rajaram Naraynan, who resinged from the post with effect from 10 April, after an eight year tenure.
Corporate results today:
Larsen & Toubro Infotech, ACC, Mastek, Tata Steel Long Products, PCBL, Benares Hotels, Godavari Drugs, and Longview Tea Company will release quarterly earnings on April 19.
The company has increased the prices of its entire model range between 0.9% to 1.9% with immediate effect.
The IT company reported 49% year-on-year growth in March quarter net profit at Rs 473 crore.
RBI has imposed a monetary penalty of Rs 17.6 lakh for non-compliance with provisions around the issuance and operation of prepaid payment instruments (PPI) and Know Your Customer (KYC) norms.
The company has acquired a 64.98% stake in Maharashtra Transmission Communication Infrastructure Limited (MTCIL)