Thursday, May 22 2025 | Time 04:59 Hrs(IST)
Business Economy


Kirloskar Industries appoints George Verghese as Managing Director

Pune, May 20 (UNI) Kirloskar Industries Limited (KIL) today announced that its Board of Directors on Tuesday approved the appointment of George Verghese as Managing Director for a period of five years, from May 21, 2025 to May 20, 2030 (both days inclusive), subject to shareholders approval.
Commenting on this, Atul Kirloskar, Chairman of the Board, said, “I am pleased to welcome George to the Kirloskar Industries family. George has worked with various companies within the Group, and has deep experience in business strategy, operational execution, leadership, HR transformation, marketing, and culture, all of which will be useful for Kirloskar Industries Limited," said a release today.
Verghese is a seasoned leader with over 20 years of experience in various leadership roles, with companies like Dell, Reliance Communications, and Cummins.
Through his tenure, he has worked in various roles, including business operations, human resources, business strategy, marketing, and branding.
Verghese joined the Kirloskar Group of companies in April 2021 as the Vice President of Group HR.
He later became the CHRO and Chief of Staff of Kirloskar Oil Engines Limited, where he was part of the core team responsible for a successful strategic business turnaround effort. George completed his Masters in management from XLRI Jamshedpur, and prior to that, his graduation in engineering from College of Engineering, Munnar, the release added.
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Rupee drops 8 paise against USD

21 May 2025 | 5:19 PM

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Kottayam-Kochi rubber market rates

21 May 2025 | 4:37 PM

Kottayam, May 21(UNI) Following were the Rubber Market rates announced by the Rubber Board here today per quintal
Kottayam
RSS FOUR: 19650
RSS FIVE : 19350
ISNR TWENTY: 17200
SIXTY PERCENT LATEX: 14475
Kochi

RSS FOUR : 19650
RSS FIVE : 19350
International rates (Bangkok)
RSS One : 20039
RSS Two : 19884
RSS Three: 19743
RSS Four : 19665
RSS Five : 19549
Kualalumpur
SMR TWENTY : 15207($177.95)
SIXTY PERCENT LATEX : 12551($146.85)
UNI PA BD.

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Sensex jumps 410 19 pts

Sensex jumps 410 19 pts

21 May 2025 | 4:15 PM

Mumbai, May 21 (UNI) Snapping a losing streak of last three sessions, the BSE Sensex on Wednesday bounced back 410.19 pts to close at 81,596.63 following gains in Realty, Telecommunications and Industrials stocks despite weak global cues.

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TCS receives Rs 2,903 22 crore Advance Purchase order from BSNL

TCS receives Rs 2,903 22 crore Advance Purchase order from BSNL

21 May 2025 | 3:49 PM

Hyderabad, May 21 (UNI) The Tata Consultancy Services Limited has received an
add-on Advance Purchase Order (APO) for Rs 2,903.22 crore, inclusive of taxes from
Bharat Sanchar Nigam Limited (BSNL).

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