New Delhi: Raymond Lifestyle has announced that Sunil Kataria will be stepping down as managing director and board member in pursuit of his personal aspirations outside of the company. The company’s board has accepted his resignation and will initiate the process of identifying and onboarding a new CEO. In the interim, to ensure continuity and…
MUMBAI: Tausif Riyaz, CEO of Platinum Hern, the company that owns Torres Jewellers, has been arrested from a hotel in Lonavala, police said on Sunday.The police are investigating the multi-crore Torres Jewellery investment fraud. Riyaz is the fifth person to be taken into custody in connection with the case.He had traveled from Patna and was…
Representative image British online fashion retailer Boohoo on Friday appointed Dan Finley as its new CEO, effective immediately, in a blow to top investor Frasers which had attempted to appoint its controlling shareholder Mike Ashley to the role. Boohoo’s shares rose 3% on the news of the appointment of Finley, who is currently head of…
Tesla CEO Elon Musk strolling in Twitter HQ in 2022 (Image Credit: Screenshot of his video) Tesla CEO Elon Musk on Sunday shared a throwback video of him strolling into Twitter headquarters on the second anniversary of his $44 billion purchase of the social media giant X (formerly known as Twitter). The billionaire shared the…
Representative image French luxury goods company Kering has named Stefano Cantino as CEO of its star label Gucci, firming up management of the Italian fashion house it has been seeking to revive, and adding he would succeed Jean-Francois Palus in January. “I am confident that, building on what has been set up over the past…
Representative image Investors and analysts expect Nike to lower annual forecasts on Tuesday when it posts quarterly results, the company’s first earnings report since announcing a new CEO earlier this month. Elliott Hill, who spent 32 years at the sportswear giant before retiring in 2020, will return as top boss starting Oct. 14 to succeed…
OSOM Products, the smartphone company that rose from the ashes of Andy Rubin‘s Essential, is reportedly shutting down this week following allegations that its CEO misused company funds. According to reports from Android Authority, OSOM’s chief executive, Jason Keats, announced the company’s imminent closure internally yesterday. Most employees are expected to be laid off by…
Jaimit Doshi Lenskart has appointed Jaimit Doshi as its global head of marketing and chief executive officer of Hustlr, one of the eyewear retail chain‘s brand. He took to LinkedIn and made the announcement. Doshi wrote, “Yesterday I joined Lenskart.com with a dual role – as Lenskart’s Global Head of Marketing and CEO of Hustlr,…
Pavel Durov, the co-founder and CEO of Telegram, has recently found himself in the spotlight, not just for his arrest in France but also for a significant shift in his appearance that has captivated the public. This dramatic transformation, highlighted by before-and-after photos circulating online, has led to widespread speculation about possible plastic surgery.Dramatic before-and-after…
BENGALURU: As American denim giant Levi Strauss & Co chases its target of expanding into a $10 billion business globally from the current $6.2 billion, president and CEO Michelle Gass tells TOI that she has set her sights on India, among the top six markets for the inventor of the blue jeans, to drive the…
