Chairman

Reliance Jio Chairman Mukesh Ambani outlined the company's 5G rollout plans and promised that Jio would be the first company to bring 5G service to India, saying that the company is working on a 2G mukt, and 5G yukt, India, or 2G-free, and 5G-enabled. At the company's 44th Annual General Meeting (AGM), Ambani also talked about the growth of its relatively new JioFiber broadband service. During the virtual event, Ambani said that Jio has started testing its 5G solution in India, and it has successfully demonstrated speeds…

Samsung Electronics chairman Lee Kun-hee, who transformed the South Korean firm into a global tech titan, died at the age of 78 on Sunday, the company said.Under Lee's leadership, Samsung rose to become the world's largest producer of smartphones and memory chips, and the firm's overall turnover today is equivalent to a fifth of South Korea's GDP.Samsung's meteoric rise helped make Lee South Korea's richest and most powerful industrialist."It is with great sadness that we announce the passing of Kun-hee Lee, Chairman of…

Guinness Nigeria Plc has appointed Dayalan Nayager as its vice chairman and non-executive director. Mr Nayager’s appointment to the company’s took effect from July 1, the brewer announced on Friday. Mr Nayager was formerly the managing director of Diageo Great Britain. He held leadership positions within Diageo and in other multinational corporations in Africa in marketing, supply chain, and supply chain management. “The Board is optimistic that Mr. Nayager’s invaluable experience and…

The chief executive of defense supplier Aerojet Rocketdyne Holdings Inc. is poised to prevail in an unusual proxy fight against its executive chairman, people familiar with the matter said.Shareholders appear set to elect the eight-person board slate put forth by CEO Eileen Drake based on the votes that have come in ahead of the shareholder meeting Thursday, the people said. The company’s executive chairman, Warren Lichtenstein, had proposed his own slate after the two became embroiled in a bitter internal battle. The…

Amidst the rumours of Maruti Suzuki stopping manufacturing small cars due to increased cost, Chairman RC Bhargava cleared the air. In an interview with FE, Bhargava said that the company remains fully committed to the customers of these small vehicles. Bhargava said that the Union road transport minister Nitin Gadkari has already said that a minimum of six airbags will be mandatory for vehicles that can carry up to eight passengers. “This means that the entry-level cars and hatchbacks are out of the purview of this…

Mukesh Ambani has resigned from the board of his group's telecom arm, Reliance Jio and handed over the reins of the company to elder son Akash, a step seen as succession planning by the 65-year old billionaire.In a stock exchange filing, Reliance Jio Infocomm said the company's board at a meeting on June 27, "approved the appointment of Akash M Ambani, non-executive director, as chairman of the board of directors of the company." This comes after his father resigned with effect from close of working hours on June 27, it…

General Electric Co. on Monday said H. Lawrence Culp Jr., the architect of the conglomerate’s plans to split into three public companies, is taking on the additional post of chief executive officer of GE Aviation.Mr. Culp remains chairman and CEO of Boston-based GE, which in November announced plans to spin off its healthcare and power businesses while retaining its aviation operations. The breakup of the more than century-old company is the culmination of a yearslong process of shrinking GE after Mr. Culp took the helm…

Telangana IT and Industries Minister KT Rama Rao on Thursday met Taiwanese electronics giant Foxconn chairman Young Liu in the national capital and invited him to explore investment opportunities in the state.Foxconn, one of the leading electronic manufacturing services providers, has production units in Tamil Nadu and Andhra Pradesh. During the interaction, the Telangana minister and Liu discussed Foxconn's plans of expanding its footprint in India, an official statement said."Foxconn is one of the biggest employers…

Tizeti Network Limited, a solar-based internet service provider, has announced the appointment of Emmanuel Ikazoboh as its board chairman. Mr Ikazoboh is the immediate past Group Chairman of Ecobank Transnational Incorporated, Chairman of ARM Pensions Managers Limited (Pensions Fund Administrators), and is the International Vice Chairman at International Institute for Sustainable Development, Canada. He is an independent/Non-Executive Director for Nampak Packaging Limited South Africa and…

NEW DELHI : Indian Space Research Organisation (ISRO)’s objective is not only to pursue space science research and planetary exploration, it also aims to harness space technology for the nation’s development, said Dr. S. Somanath, Chairman and Secretary, Department of Space, ISRO on Wednesday.  Dr Somanath inaugurated the state-of-the-art facility at KIADB Aerospace Park, Bengaluru. The new establishment is equipped with cleanrooms for spacecraft sub-systems…