OYO NAMES MAX HEALTHCARE’S ROHIT KAPOOR CEO OF REALTY BIZ
NEW DELHI: Hospitality firm Oyo on Tuesday said it has appointed Max Healthcare executive director Rohit Kapoor as the chief executive officer (CEO) of its new real estate businesses, effective December 6. Kapoor will be entrusted with the responsibility to drive new real estate business opportunities which will include exploring new domains and categories and other strategic initiatives, Oyo said in a statement. He will also be responsible for growing Oyo’s business in India as well as across international markets, through strategic partnerships and investment opportunities, it added.
Whatsapp’s chief business officer Neeraj Arora quits
NEW YORK: Neeraj Arora, Whatsapp’s chief business officer, said he is leaving the popular messaging service, joining a stream of top executives who have departed Facebook and its group companies in the past year. Arora, an IIT- Delhi alumnus and the number four in the company, was being touted to take over as Whatsapp chief executive officer earlier this year however the role of global head of the company was given to Chris Daniels. Arora had been with Whatsapp since 2011 and through Facebook’s $19 billion acquisition of the messaging company in 2014. His exit comes seven months after Whatsapp co-founder Jan Koum left the company.
RBI guv to submit written answers to MPS’ questions
NEW DELHI: RBI governor Urjit Patel on Tuesday committed to a parliamentary committee to give in writing his views on some of the controversial issues, which may include the government citing never-used powers to get the central bank on the discussion table, said people familiar with the matter. Patel, who appeared before the 31-member Parliamentary standing committee on finance, said the economy would get a boost from oil prices cooling off from four-year highs and said fundamentals were “robust”, they said. The RBI governor also told the Members of Parliament that credit growth was 15% and the impact of November 2016 demonetisation has a transient impact on the economy.
Sensex, Nifty rise for second straight day
MUMBAI: The BSE benchmark Sensex rose for the second day, gaining over 150 points on hectic buying in banking and IT stocks as easing concerns on the macroeconomic front bolstered investors’ risk appetite. The broader NSE Nifty too witnessed a rise of 57 points. The 30-share Sensex settled 159.06 points, or 0.45%, higher at 35,513.14, while the broader NSE Nifty jumped 57 points, or 0.54%, to finish at 10,685.60.
Sotheby’s set to enter India with an auction this week
NEW DELHI: After ruling the art auction market across the globe, Sotheby’s finally comes to India this week with an inaugural sale featuring 60 art works estimated to make ₹43.1 crore-₹62.9 crore. The “Boundless: India” sale in Mumbai on Thursday is irresistible in its composition, not just in terms of the artists it is offering but also in the wide range of media of works going under the hammer in Mumbai. A part of the collection, headlined by the likes of Tyeb Mehta and Amrita Sher-gil, was up for preview in Bikaner House here recently. COMPILED FROM AGENCIES