Bianchi appointed new Fiat India MD
Mr Maurizio Paolo Bianchi has been appointed the new managing director of Fiat India Automobiles Ltd Mr Bianchi will replace Mr Giovanni B Ravina, who is leaving for Chicago on Sunday. Hoechst Marion gets new headMr Ramesh Subrahmanian has taken over as managing director of Hoechst Marion Roussel with effect from November 1, 2000, from Mr D Bhadury who has been elevated to vice-chairman on the board of directors.Icra assigns A1+ to Hexaware Tech
Icra has assigned an A1+ rating to the Rs 150-million short-term non-convertible debenture programme of Hexaware Technologies Ltd (HTL) indicating highest safety.
Motherson Sumi rating reaffirmed
Icra has reaffirmed the A1+ rating assigned to the Rs 100-million CP programme of Motherson Sumi Systems Ltd indicating highest safety.
Initiative Media bags assignment
Initiative Media, the buying division of Lintas India, has been awarded the Central Media Buying AOR for the Aptech Group of Companies. The gain is worth Rs 30 crore annually. With this gain, Initiative Media has the maximum number of Central Media Buying assignments in India. Initiative Media's other clients include Maruti, ITC, Sony and Bajaj Auto.
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