The move comes on the back of a series of next generation family members taking over the reins from current promoters. Roshni Nadar, daughter of HCL founder Shiv Nadar, took over as CEO of the company in July. Nandini Piramal, eldest child of Ajay and Swati Piramal, became executive director of Piramal Healthcare in April.
Anant Goenka, 30, son of RPG Group chairman Harsh Goenka, will take over as managing director of Ceat, where he is currently deputy managing director a post the tyre producer created two years ago.
Rahul Dravid had the audience in splits with his humorous reply.
Ceat, the country's fourth biggest tyre producer, is charting expansion plans for the international market, with launches planned in various countries, including the US, the world's biggest tyre market.
Monetising online readership, a deeper focus on content and getting revenue from the reader are ways to make the business future-proof, observes Vanita Kohli-Khandekar.
With the negative impact of demonetisation waning and the implementation of the GST, 80% of the CEOs surveyed said they were planning to hire more people in 2018
Between 2011 and 2014, they indirectly determined the price of tyres in the market, says report
A revealing excerpt from Anupam Kher's Lessons Life Taught Me, Unknowingly: An Autobiography.