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<keyword id="1583080" type="COMPANY" weightage="20" keywordseo="AirAsia-India">AirAsia India</keyword> is conducting an internal investigation after <keyword id="3821099" type="UNKNOWN" weightage="20" keywordseo="ex-tata-sons">ex-Tata Sons</keyword> chairman <keyword id="6356895" type="PERSON" weightage="20" keywordseo="Cyrus-Mistry">Cyrus Mistry</keyword> raised red flags over functioning of the airline. During investigations, it surfaced that senior executives of AirAsia had complained to the company board and <keyword id="6355725" type="CITY" weightage="20" keywordseo="Tata-Group">Tata Group</keyword> about serious lapses in business practices time and again, but no actions were taken. 
 
AirAsia executives highlighted few complaints, saying AirAsia was being "run" by Malaysian parent AirAsia Bhd, in contravention of FDI rules, and that the Indian venture was being "overcharged" by the Malaysian company. 
 
According to Indian rules, foreign airlines can only own up to 49% in domestic airlines but effective management control must remain with the Indian partner. 
 As per reports, AirAsia India executives had warned board chairman Ramadorai and director <keyword id="6578785" type="PERSON" weightage="20" keywordseo="Bharat-Vasani">Bharat Vasani</keyword> about potential losses, and the way the airline was being run. Some executives had questioned AirAsia chief <keyword id="82750" type="PERSON" weightage="20" keywordseo="Tony-Fernandes">Tony Fernandes</keyword> on entering into what they termed as “costly financial deals” with associate companies of AirAsia Bhd. Email correspondence between February 2014 and July 2015 highlights these complaints. 
 
"A thorough investigation was sought. The details of fraudulent transactions were discovered through an audit. It was taken to its logical conclusion and an FIR was filed against the resistance that has been discussed in the media in recent days," ET quoted a source as saying. 
 
In an email sent to Ramadorai, former executive Gopalan warned him about the breach of FDI and also hifhlighted many other issues. "Revenue management has to be real time and handled by persons familiar with the Indian marketplace and its behaviour", but the entire process is in Kuala Lumpur (the headquarters of AirAsia Bhd). "This is a significant issue from an effective management control perspective also," Gopalan had written. 
 "We have been mandated to use AGSS for outsourcing aspects of finance and accounting, HR functions, procurement and IT," Gopalan wrote in a mail to AirAsia Global Shared Services (AGSS). He also wrote that AGSS has exceeded the amount as compared to what it would have been of they were to inhouse the entire operation. There was also a warning that using Tune <keyword id="35450" type="COMPANY" weightage="20" keywordseo="insurance">Insurance</keyword>, another associate company of the AirAsia group, would reduce AirAsia India's earnings by 50%. 
 
The issue of selecting an advertising company was also brought to light. "We have decided not to go with PHAR, which is an AA (AirAsia) Group Company. This could lead to lesser rates as well," Gopalan noted. 
 
Another issue discussed in the mail was related to authority over clearing payments and expenses. Companies typically assign the responsibility of approving payments over a specified limit to the board and payments related to the day to day expenses to the management but according to a person familiar with the process, in AirAsia India, day to day approvals on key payments, travel, initial offer letters to employees etc came from Fernandes. 
 
"This process was followed because the authority of this director (Fernandes) was agreed by the board. Every agreement and contract that AirAsia India executed with an Indian or foreign agency and related party followed exactly the same process," he told ET. 
 
Another person familiar with the operations of the airlines told ET that only capital expenditure is approved by the board. 
 Gopalan and several colleagues - such as <keyword id="2190104" type="UNKNOWN" weightage="20" keywordseo="Gaurav-Rathore">Gaurav Rathore</keyword>, commercial director; <keyword id="217165" type="PERSON" weightage="20" keywordseo="Amit-Singh">Amit Singh</keyword>, director of flight operations; and <keyword id="3821101" type="UNKNOWN" weightage="20" keywordseo="najam-rao">Najam Rao</keyword>, head of security - quit AirAsia India in 2015. Chandilya's contract expired in March 2016. 
 
Gopalan also sought a meeting with Mistry. "I brought out (facts) to you so that the (Tata) group is not blindsided...This meeting is requested solely with the intent of protecting the Tata group and to enable me to discharge my duties honestly towards the position I was appointed for," he wrote. 
 <keyword id="3288032" type="UNKNOWN" weightage="20" keywordseo="Amar-Abrol">Amar Abrol</keyword> is the replacement for Chandilya and <keyword id="377197" type="PERSON" weightage="20" keywordseo="Ankur-Khanna">Ankur Khanna</keyword> is now in the place of Gopalan, eight months after he quit, with effect from April 1, 2016. The airline is yet to make a profit.

Investigations reveal AirAsia executives had apprised Tatas of lapses in the airline

Mumbai, "Jawan", a pan-India film that is on a roll with its record-breaking box office collections, treated viewers to not just one but two Shah Rukh Khans on screen. Directed by Tamil filmmaker Atlee, the movie features the superstar in the role of Vikram Rathore and his son Azaad. Critics and audiences are praising the film for being an impressive blend of high-octane stunts and a politically charged narrative with a strong emotional core. Here are seven more films that feature Shah Rukh in dual roles: 1. "Karan Arjun" (1995) - The story revolves around the titular brothers, who are reincarnated years later to avenge their father's murder at the hands of their property-hungry uncle. Also starring Salman Khan in a dual avatar, "Karan Arjun" was directed by Rakesh Roshan. 2. "Duplicate" (1998) - In this movie, directed by Mahesh Bhatt, Shah Rukh stars as an aspiring chef Bablu, and Manu, a notorious gangster. The film did not do well at the box office. 3. "Paheli" (2005) - Shah Rukh plays Kishanlal and Prem in the film directed by Amol Palekar. A ghost called Prem takes Kishanlal's place at the latter's house and romances his wife Lachchi (Rani Mukerji) when Kishanlal goes away on a business trip. 4. "Don: The Chase Begins Again" (2006) - An updated version of 1978's "Don", originally starring Amitabh Bachchan, this action film saw Shah Rukh play Vijay, a common man aspiring to make it big in Mumbai. Vijay is sent on a secret mission to impersonate Don after government authorities discover he is a look-alike of the most-wanted international criminal. The actor reprised the titular character in its 2011 sequel "Don 2". 5. "Om Shanti Om" (2007) - Another reincarnation drama, but with an ode to the Hindi cinema of the 1970s and 1980s. Shah Rukh played Om Prakash Makhija, a junior film artist in the '70s era who dreams to become a superstar one day. Om is reincarnated as superstar Om Kapoor, who sets out to avenge the murder of the love of his life, actor Shantipriya. The Farah Khan directorial also marked the Bollywood debut of Deepika Padukone, who also starred in the dual roles of Shantipriya and Sandy. 6. "Ra.One" (2011) - It may have been dubbed as a failure at the box office, but this Anubhav Sinha-directed movie has gained cult status over the years. It starred Shah Rukh as Shekhar Subramanium, a game designer who designs G.One, the game's protagonist, to look like him. 7. "Fan" (2016) - In this experimental Maneesh Sharma film, Shah Rukh stars in the dual role of film star Aryan Khanna and his lookalike obsessive fan Gaurav Chandna.

Double Trouble: Shah Rukh Khan had played 2x in 7 films other than Jawan

New Delhi, June 28 () The Guru Gobind Singh Indraprastha University will lead a project to develop a low-cost test for rapid detection of COVID-19 antibodies, a statement from the university said on Sunday. The translational project of Rs 98 lakh was submitted to BIRAC-DBT by Dr Gaurav Pandey of the University School of Biotechnology (USBT). It has been selected for funding in response to a research consortium call on COVID -19, the statement added. "It is a matter for pride that IP University will lead a multi-institutional project to develop the indigenous technology for rapid detection of COVID -19 antibodies with minimum infrastructural requirement," it said. The Biotechnology Industry Research Council (BIRAC), a public sector enterprise set up by the Department of Biotechnology (DBT) through its COVID -19 research consortium after competitive evaluation, will fund the university and its partners to develop a low-cost completely indigenous test for SARS COV2 antibody testing, which can be used for large scale screening of pandemic population, it said. Currently most of these antibody tests either as complete tests or with some of key components such as antigens rely on imports, it said. Dr Gaurav Pandey from IP University, Dr Anurag Rathore from Indian Institute of Technology, Delhi and Mr Prateek Mittal from Medsource Ozone form a translational team which will "develop a scalable process to produce the required antigens components and manufacture the point of care lateral flow immunoassay (LFIA) device". The LFIA test provides the results in maximum 15-20 minutes and is almost resource independent, the statement said. "It doesn't require high-end equipment and can be used in remote settings. The partnership with an industrial partner Medsource Ozone Pvt. Ltd will ensure faster diffusion of technology, manufacturing and commercialization," it added. SLB SNE

IP university to lead project to develop low-cost test for detecting COVID-19 antibodies

<a href="http://www.businessinsider.in/searchresult.cms?query=Ankur+Khanna&amp;sortorder=effectivedate">Ankur Khanna</a>, <a href="http://www.businessinsider.in/searchresult.cms?query=AirAsia&amp;sortorder=effectivedate">AirAsia</a> India's Chief Financial Officer has resigned almost after 10 months of joining the airlines. Earlier, he was summoned by the <a href="http://www.businessinsider.in/searchresult.cms?query=Enforcement+Directorate&amp;sortorder=effectivedate">Enforcement Directorate</a> (ED) in connection to alleged financial wrongdoing at the airline under its earlier head. 
 
"He is serving a three month notice period currently," a person close to the development, told ET. 
 The rumours of Khanna stepping down have been around since December. Khanna's name hasn't featured in any allegations of financial bungling or management issues at <keyword id="1583080" type="COMPANY" weightage="20" keywordseo="AirAsia-India">AirAsia India</keyword>. A senior official at the ED confirmed he was summoned solely because of his position as finance chief at the airline. 
 
According to Khanna’s <a href="http://www.businessinsider.in/searchresult.cms?query=Linkedin&amp;sortorder=effectivedate">Linkedin</a> profile, he joined <keyword id="6358246" type="COMPANY" weightage="100" keywordseo="AirAsia">AirAsia</keyword> India in April, 2016. Prior to that, he was the regional finance director at <keyword id="43747" type="COMPANY" weightage="20" keywordseo="Air-France">Air France</keyword> where he had been since 1999. 
 In two years of operations, AirAsia India has lost or replaced about 10 top executives which includes CEO <keyword id="1674460" type="UNKNOWN" weightage="20" keywordseo="Mittu-Chandilya">Mittu Chandilya</keyword>, chief financial officer Vijay Gopalan and commercial director Gaurav Rathore, apart from the heads of flight operations, operations control, HR, cabin crew, security, group operations and corporate quality.

AirAsia’s CFO Ankur Khanna quits

<ul><li>Over the years, jingles have proven to be effective for brands in helping them differentiate themselves and create a unique identity.</li><li>However, we haven’t heard too many jingles lately. Much to our delight, a Genie has finally heard our prayers and granted our wish.</li><li>There’s a new jingle in town that the internet is humming to. It is <keyword id="9167642" type="General" weightage="20" keywordseo="swiggy-genie" source="Orion">Swiggy Genie</keyword>’s ‘<keyword id="12405659" type="General" weightage="20" keywordseo="genie-dekh-lega" source="Orion">Genie Dekh Lega</keyword>.’</li></ul>Remember those old, golden days when you would actually turn on your television’s volume during a commercial break to hear ‘Washing Powder Nirma’ or Badshah Masala’s jingle and your whole family would join in and hum along? Be it Lijjat Papad from the 90s or Idea’s Hunny Bunny from the early 2000s, jingles hold a special place in our hearts. They are still fresh in our memories like they were launched yesterday. Over the years, jingles have played a critical role in building a brand’s identity -- helping them stand apart from the crowd because jingles stick and leave a long-lasting impression on consumers’ minds. However, lately, we haven’t been hearing too many jingles in India. Granting our wish to revisit these old days, <keyword id="6358977" type="General" weightage="80" keywordseo="swiggy" source="Orion">Swiggy</keyword> Genie has come up with the new earworm, a jingle called ‘Genie dekh lega.’ <div type="javascript" title="Instagram" contenttype="Video"><cdata><![CDATA[ ]]></cdata></div> Conceptualised by Schbang, Swiggy has launched a new campaign that aims to position it as a brand that comes to its consumer’s rescue even at the eleventh hour. With a catchy jingle that will make a home in your mind, Swiggy reminds the audience that no matter how small the item is -- be it a lehenga or a charger or sending a Diwali gift to your loved ones -- it will deliver it to you or for you. Commenting on the release of the film, Rishabh Pande, Creative Lead at Schbang said, “When you land a brief from Swiggy India, you need to tell yourself as a creative to take the excitement down a notch and channel that energy to create work that takes creativity up a notch. This film isn’t memorable because it chose to explore humour, like all Swiggy ads, but because it chose to explore and own a category unlike any Swiggy ad we’ve seen before. That’s where the idea of this ear-worm was born and boy does it deliver.” Sneha John, Director, Marketing at Swiggy said, “Festivals like Diwali see a lot of consumers using Genie to run last minute errands for the home or to send sweets and homemade treats to family and friends. With this film, we want to showcase Genie as an always dependable service that comes to your aid for last minute Diwali shopping and party needs.” According to the Oxford Dictionary, a Genie is a spirit of Arabian folklore, as depicted traditionally imprisoned within a bottle or oil lamp, and capable of granting wishes when summoned. Swiggy has been focusing on establishing its delivery associates as superhumans of sorts, a genie, to be precise. It grants your wishes anytime you summon it and deliver to you in a jiffy -- as if appearing from thin air. Before the ‘Genie Dekh Lega’ advertisement, Swiggy ran a campaign called ‘Swiggy Genie’s got your back.’ It shows how Swiggy can share the load if you have got a lot on your plate and pick up your grocery for you. <div type="Youtube" id="Rqjyt2iTlMI" title="Tired of being a running Ranjith? Swiggy Genie's got your back!" thumbUrl="https://i.ytimg.com/vi/Rqjyt2iTlMI/mqdefault.jpg"></div> <div type="Youtube" id="8gEcscom18s" title="On the go all day? Swiggy Genie is here to help." thumbUrl="https://i.ytimg.com/vi/8gEcscom18s/mqdefault.jpg"></div> When the Indian Government announced the country's first lockdown last year in March 2020 and said that only essential service providers were allowed to function, Swiggy came up with the idea of launching Swiggy Genie. Whether it was flu medicine or healthy food, Genie has been helping end-users to make instant deliveries from one point to another. Client: Swiggy India Agency: Schbang Production House: Schbang Motion Pictures Head, Schbang Motion Pictures: Abhimanyu Balasubramanyam Director: Nilay Singh Cinematographer: Jay Charola Executive Producer: Raashi Priya Nahata Associate Producer: Rahul Rohra Music Composer - Kanishk Seth Chief Assistant Director: Sohil Kohli Line Producer - Durgesh Dadhich (OMG Productions) Production Manager - Lalit Sippy DA - Gaurav Ahuja 2nd AD: Rishabh Sharma Art Director: Prince and Team Costume Stylist: Vidhi Gurnani Hair and Makeup - Priti Pannu Vice President- Isha Amin Group Solutions Manager - Sanjana Jaikishin Rohera Creative Director - Aditya Mehendale Group Creative Manager- Tanaiya Saigal Creative Lead - Rishabh Pande Sr. Creative Strategist- Pearl Alex Account Lead- Mehernaz Mistry Sr. Solutions Strategist - Janya Sindhu Business Development Manager- Radhika Raheja Sr. BD Executive- Jinita Shah Creative Strategist- Simran Kumar, Rebecca D'silva Cast - Manoj Mathew, Shruti Puranic, Usha Palan, Vallabh Gada, Myra Shah Support Cast- Deven Patel, Devendra Ahirwal, Nihal Nischal, Gaurav Ahuja, Rishabh Pande, Rishabh Sharma, Prakhar Casting Director- Shubham Tiwari and Team Offline Editor - Vishnu Prasad Designer - Ayushi Bhawsar and Abhishek Shigwan Animation- Nitin Malekar Colourist- Christian Leivia Online- After Studio Sound Mix and Master - Kardam 1st AC- Kshitij Singh Gaffer- Rajesh Singh Focus Puller- Chandan Yadav Camera Equipment - Uni10 Media Works Pvt Ltd Light Equipment - Light World Storyboard - Akhilesh Catering - Nathmauli Spot Team - Noor Alam Sheikh and team Accounts - Suryakant Bondre, Prathamesh Patkar and Kailas Salunke Location- SS bunglow Location manager- Laxman Rathore and team Office Boy - Vaibhav Kamble

There’s a new jingle in town as Swiggy uses the power of music to connect with its audience and establish itself as a last-minute Genie coming to your rescue

<keyword id="1674460" type="UNKNOWN" weightage="100" keywordseo="Mittu-Chandilya">Mittu Chandilya</keyword>, the model-turned-headhunter who was picked by <keyword id="82750" type="PERSON" weightage="100" keywordseo="Tony-Fernandes">Tony Fernandes</keyword> to be the CEO of the India joint venture of AirAsia, is most likely quitting from his position in March once his current two-year contract with the airline ends. 
 
Among the top three executives that are being considered to replace Chandilya, Amar Abrol, current chief of AirAsia Bhd's insurance arm Tune Money is the frontrunner for the post of AirAsia India’s next chief executive. However, Abrol, who has no prior relevant experience, would be a surprise selection for the post. 
 
At the airline's next board meeting, which is expected by the end of this month, the matter would be discussed and most likely approved. As per ET sources, the airline has probably also selected a new chief financial officer. 
 
Since its operations began less than two years ago, AirAsia India has either lost or replaced about ten top executives, including chief financial officer Vijay Gopalan and commercial director Gaurav Rathore. 
 
"These are speculative reports," an AirAsia India spokesman replied to ET's request for comment. "We have no (further) comments to offer right now." 
 
<a href="https://i.ytimg.com/vi/Ir0PMqoVTkg/maxresdefault.jpg">Image source </a>

CEO Mittu Chandilya won’t renew his contract with AirAsia India

<div class="KonaFilter image-container display-table"><div><div class="image on-image">Bryan Bedder/Getty Images for The New York TimesGoldman Sachs Group chairman and CEO Lloyd Blankfein.</div></div></div><section><article><div><div><section data-share-hash=""><div>Goldman Sachs just announed a new class of managing directors.</div><div></div><div>Here's the statement:</div></section></div>NEW YORK, November 8, 2017 -- The Goldman Sachs Group, Inc. (NYSE: GS) today announced that it has selected a new class of Managing Directors, effective from January 1, 2018, the start of the firm's next fiscal year."Our new Managing Directors have demonstrated an outstanding commitment to our people, clients and culture during their tenures at the firm, and we wish them continued success as they take this important next step in their careers," said Lloyd C. Blankfein, Chairman and Chief Executive Officer of Goldman Sachs.The following individuals have been promoted to Managing Director: Gregg Abramson Sanjay Acharya Khalid Albdah Amal Alibair Karthikeyan Anbalagan Rolf Andersson Volker Anger Jonathan Armstrong Ken Ashley Lavanya Ashok Sebastian Ayton Jonathan Babkow Julio Badi Amitayush Bahri Soren Balzer Robert Barlick Jr. Philip Barreca Santiago Bau David Bauer Oksana Beard Lee Becker Virender Bedi Stuart Beer Christian Beerli Amanda Beisel Yumiko Bekku David Bell Pierre Benichou Andrew Benito Marco Bensi Laura Benson Stephen Bergin Daniel Berglund Greg Berry Shital Bhatt Dipanjan Bhattacharjee Anu Bhavnani Carissa Biggie Vineet Birman Daniel Bitel Anne Black Richard Blore Emmanuel Bodenstein Timothy Braude Sean Brenan Hugh Briscoe Nathaniel Bristol Leo Brito Troy Broderick Levee Brooks Eric Brothers Robert Bruns III Anthony Bunnell Meg Burke Susan Burt Sean Butkus Russell Byrne Edward Byun Adam Cahill Alessandro Calace Cristiano Camargo Ken Cawley Swapan Chaddha Patrick Chamberlain Richard Chambers Daphne Chan Lily Chan Ben Chance Ginger Chang Vikram Chavali Alex Cheek Jae Joon Choi Ken Choi Paul Choi David Clark Denis Cleary Daniel Cleland-James Ayanna Clunis Pamela Codo-Lotti Jesse Cohen Paul Coles Simon Coombes Jenny Cosco Philip Coureau Nathan Cowen Matthew Cox (Securities) Shaun Cullinan Christine D'Agostino Emile Daher Hiren Dasani Russell Day Pierre De Belen Merche del Valle Caitlin DeSantis Jack Devaney Thomas Devos Mats Dewitte Hristo Dimitrov Tim Dinsdale Isabella Disler Christian Ditullio Terence Doherty Yakut Donat Nicola Dondi Brian Dong Jason D'Silva Stefan Duffner Jane Dunlevie Marie Duval Julien Dyon Rohini Eapen Zach Eckler Sayaka Eda Jason Eisenstadt Chris Emmerson Tiffany Eng Chendan Esvaran Erkko Etula Liz Ewing Michael Fargher Matteo Farina Leigh Farris Sarah Faulkner Tom Favia Brett Feldman Jennifer Feng Jon Ferguson Alex Field Herbert Filho Alex Finston Dean Flanagan Greg Flynn Trip 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Nicholas Smith (IBD) Ruth Smithson Christine Smyth Ben Snider Stacy Sonnenberg Cleaver Sower Ro Spaziani Brian Steele Johannes Steffens Duncan Stewart Stephen Stites Laurent Storoni Caroline Styant Joel Sulkes Mancy Sun Winnie Tam Nachiket Tamhane Ken Tang MK Tang Amish Tanna Melissa Teng Ross Tennenbaum Greg Thompson Fiona Thomson Justin Tobe Jason Tofsky Brad Tuthill Masahiro Uchiyama Nehal Udeshi Saad Usmani Meg Vaden Pramod Vaidyanathan Adam Van de Berghe Fred van der Wyck Suzanne van Staveren Andrew Vass Mahesh Vellanki Kadambari Verma Christopher Vilburn Iva Vukina Heng Vuong Ketan Vyas Joe Wall Jeffrey Wang Jiantao Wang Joshua Wang Lily Wang (Technology) Sherry Wang Victoria Ward (Compliance) Jeff Warren Noriko Watanabe Ramey Watkins Sam Watkins Heiko Weber Niki Webster Scott Weinstein Ryan Westmacott James Westwood Keith Wetzel Mark Wetzel James Whittingham Sabine Wick Robert Wieser Devin Wilde David Wilkins John Wilkinson Andrew Williams Ed Wong (IBD Technology) Eric Wong (Internal Audit) Kate Wood Amanda Wu Douglas Wu Joanne Xu Liang Xu** Rupam Yadav Kazushi Yamaguchi Hubert Yang Lisa Yang Basak Yavuz Zeynep Yenel David Yu Brian Zakrocki Thomas Zeppetella Yi Zhang* Adib Zouein Patrik Zumstein Piotr Zurawski Jonathan Zwart*Employee of Goldman Sachs Gao Hua Securities Company Limited **Employee of Beijing Gao Hua Securities Company Limited</div></article></section>Get the latest Goldman Sachs stock price<a href="http://markets.businessinsider.com/stock/GS-Quote"> here.</a> <div class="margin-top"> <h3>NOW WATCH: <a href="http://www.businessinsider.com/interview-with-kristina-hooper-chief-investment-strategist-at-invesco-2017-11">We talked to the chief investment strategist at $920 billion fund giant Invesco about where you should invest right now</a></h3> <div> </div> </div>

You Searched For "Gaurav Rathore" and got 7 results

Investigations reveal AirAsia executives had apprised Tatas of lapses in the airline

BI India Bureau

Double Trouble: Shah Rukh Khan had played 2x in 7 films other than Jawan

PTI

IP university to lead project to develop low-cost test for detecting COVID-19 antibodies

PTI

AirAsia’s CFO Ankur Khanna quits

BI India Bureau

There’s a new jingle in town as Swiggy uses the power of music to connect with its audience and establish itself as a last-minute Genie coming to your rescue

Karuna Sharma

CEO Mittu Chandilya won’t renew his contract with AirAsia India

BI India Bureau

Goldman Sachs' new managing director list is out

Matt Turner

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