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Sabyasachi Couture names former Shein India executive Manish Chopra as CEO
Economic Times
ยท
26d ago
Medial
Aditya Birla Group's Sabyasachi Couture has appointed Manish Chopra, formerly of Shein India, as CEO. The luxury fashion market is recovering, with Indian brands like Sabyasachi aiming for global expansion. Chopra previously joined Reliance Retail for Shein India operations, which are still in early stages. This leadership change highlights Sabyasachi's strategic moves in the evolving luxury apparel landscape. Aditya Birla previously acquired a significant stake in Sabyasachi, diversifying its fashion portfolio.
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Shein back in India? Mukesh Ambaniโs Reliance to launch IPO-bound label, ex-Meta honcho to be roped in, says report
Livemint
ยท
1y ago
Medial
Reliance Retail Ventures, owned by Mukesh Ambani, is set to launch Chinese fast fashion label Shein in India. The popular fashion brand will be available on Reliance Retail Ventures' app and brick-and-mortar stores. Reliance Retail previously partnered with Shein and is likely to appoint former Meta director Manish Chopra to head operations in India. This move is part of Reliance Retail Ventures' strategy to bring international brands like Tiffany & Co and ASOS to India. Shein was previously banned in India due to tensions between the countries but will now operate under Reliance Retail Ventures.
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Reliance set to relaunch Chinese fashion brand Shein in July
The Arc Web
ยท
1y ago
Medial
Reliance Retail is set to relaunch Shein in India, manufacturing locally, storing data domestically, and paying a licensing fee. Ex-Meta director Manish Chopra will head Shein's India operations. Shein will share profits with Reliance and expand exports from India. Despite leaving in 2020 due to government restrictions, Shein aims to compete with local fashion brands like Myntra and Nykaa Fashion, leveraging Reliance's support to regain market presence.
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Nestle nominates former Amazon exec Manish Tiwary as India MD
VCCircle
ยท
10m ago
Medial
- Nestle has nominated former Amazon India executive Manish Tiwary as the new managing director of its Indian unit. - The proposal is subject to board approval and, if approved, Tiwary will take over the position on August 1, 2025, after the retirement of current MD Suresh Narayanan. - Manish Tiwary recently resigned from his role at Amazon, where he headed the company's India operations. - Prior to his time at Amazon, Tiwary held various positions at Unilever's Indian and Gulf units. - Suresh Narayanan has been with Nestle for over 26 years and was appointed as the chairman of Nestle India in 2015. Before that, he held leadership roles in Nestle operations in the Phillipines, Egypt, and Singapore.
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As profits soar, PB Fintech takes a second bite at mutual funds
Livemint
ยท
7d ago
Medial
PB Fintech plans to re-enter the fee-based mutual fund business under its PB Money vertical, aiming for a new revenue stream after its Q1FY26 profits soared. This initiative marks the company's second attempt following a previous venture in 2019, which evolved into a separate entity named Zfunds, led by CEO Manish Kothari, a former Paisabazaar executive. This move responds to the mutual fund industry's impressive growth, with assets reaching โน72.2 trillion in May.
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Head of consumer electronics quits amid a top churn at Amazon India
Economic Times
ยท
8m ago
Medial
Ranjit Babu, the head of consumer electronics at Amazon India, has resigned amid ongoing senior-level changes in the company. Babu, who was also the former CEO of Cloudtail, a major seller on the platform, played a crucial role in Amazon India's success. His departure follows the recent restructuring of the company after the exit of former India head Manish Tiwary. The ecommerce giant is experiencing a significant senior-level churn, with executives such as Gaurav Arora and Suresh John also leaving the company. Amazon India is now focusing on catching up in the ecommerce business and entering the quick commerce sector.
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Ola names Hemant Bakshi as CEO
Inshorts
ยท
1y ago
Medial
Ola's parent company ANI Technologies has named former Unilever executive Hemant Bakshi as its next CEO, with Bhavish Aggarwal stepping away from his role as the company undergoes streamlining of operations. Bakshi served as Executive Vice President of Unilever Marketplace and Chairman of Unilever Indonesia. He joined Ola and moved back to India around four months ago, NDTV Profit reported.
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Table Space names two co-founders as co-CEOs after founderโs death
VCCircle
ยท
6m ago
Medial
Table Space appointed Karan Chopra and Kunal Mehra as co-CEOs following founder Amit Banerji's unexpected death. Chopra, previously vice-chairman, led strategic expansions and premium office offerings. Mehra, former president, facilitated major international partnerships and scaled operations. The company, founded in 2017, manages 100.5 lakh sq. ft of workspace across India. Reports suggest plans for an IPO with a $2.5 billion valuation. Table Space has raised $330 million, including $300 million from Hillhouse Capital.
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Paytm Money appoints former AMFI CEO NV Srinivasan on its board
Economic Times
ยท
11m ago
Medial
Paytm Money, the subsidiary of fintech platform Paytm, has appointed Narasinganallore Venkatesh Srinivasan as a non-executive independent director. Srinivasan previously served as the CEO of the Association of Mutual Funds in India and held senior positions at Lakshmi Vilas Bank and IDBI Bank. The appointment aims to strengthen compliance and governance standards at Paytm Money. Cyrus Khambata, a former executive at Central Depository Services, is the other independent non-executive board member.
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Fintech firm Perfios rejigs its top deck
Economic Times
ยท
1y ago
Medial
Bengaluru-based fintech company Perfios has made changes to its top leadership. Co-founder Debasish Chakraborty transitioned from CTO to a mentor for the technology team. Sumit Nigam, formerly head of engineering at BigBasket, is now CTO. Anu Mathew, the former chief people officer at Pine Labs, joins as Perfios' first chief people officer. These changes are part of the company's preparation for a public listing in the next 18-24 months and global expansion. CEO Sabyasachi Goswami said further C-suite hires could strengthen the organization from an IPO perspective.
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Sony appoints former Walt Disney exec to head India business
VCCircle
ยท
1y ago
Medial
Sony has appointed Gaurav Banerjee, a former Walt Disney executive, as the new chief executive for its businesses in India. Banerjee, who was previously heading content for Disney's streaming platform, Hotstar, and business for its Hindi-speaking TV channels, is set to take on the role in about two months. Sony operates 26 channels in India and offers a streaming service as well. This move comes as Sony seeks a successor for its current India CEO and after the company abandoned a planned merger with Zee Entertainment.
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