Neville Noronha quits Avenue Supermarts
Sat, Jan 11, 2025 8:59 PM

Neville Noronha quits Avenue Supermarts

A Flip by Shubhangi Gupta
Get it on Google Play
Neville Noronha, CEO of Avenue Supermarts, will not renew his contract ending in January 2026 after leading the company for over two decades. Anshul Asawa from Unilever will take over as CEO Designate from March 2025 and assume full CEO responsibilities in February 2026. Noronha leaves a legacy of achieving significant milestones, including expanding DMart to over 380 stores.

More great flips

Hitachi Energy to raise funds worth ₹4,200 cr via equity shares

Hitachi Energy to raise funds worth ₹4,200 cr via equity shares

Bengaluru-based Hitachi Energy India Limited announced plans to raise funds of an aggregate amount not exceeding ₹4,200 crore. The company’s Board of Directors approved the proposal during a meeting held on January 18, 2025. The funds may be raised through equity shares or other securities, including convertible debentures, warrants, or preference shares.

Open Flip
Famous All-Carbon Superyacht Gets $2 Million More Knocked Off Price

Famous All-Carbon Superyacht Gets $2 Million More Knocked Off Price

You might call it a golden opportunity. Some yacht owners like to be inconspicuous. That’s not the case for the owner of the 162-foot Khalilah, whose sports yacht is painted gleaming gold, has its own matching miniature chase boat and has a unique carbon-fiber construction that ensures reduced fuel consumption and maximum efficiency.

Open Flip
Bhubaneswar: SJTA to launch online platform for land settlements

Bhubaneswar: SJTA to launch online platform for land settlements

File photo BHUBANESWAR: Shree Jagannath Temple Administration (SJTA) has decided to develop an online platform for settlement of land-related issues between the shrine body and the public. Currently, individuals occupying temple lands submit manual applications to SJTA for property sale or transfer.

Open Flip

Join our Smart Investment Community

More than 2 Million users are using FlipItMoney to stay updated about the business and finance world! Join FlipItMoney now and take smart investment decisions!
Icon