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<ul><li>The Sanjiv Goenka-led RPSG group has bagged the Lucknow franchise of the IPL.</li><li>Goenka is happy about the purchase and confident that the investment will be profitable.</li><li>Here’s everything you need to know about the Kolkata-based business tycoon.</li></ul>The Sanjiv Goenka-led RP-Sanjiv Goenka Group (RPSG) has bagged the new Lucknow franchise in the cash-rich Indian Premier League (IPL) for a whopping ₹7,090 crore – close to a billion dollars – marking a return for the company to the world's biggest T20 league. The RPSG group was founded by <keyword id="6355523" type="General" weightage="20" keywordseo="sanjiv-goenka" source="Orion">Sanjiv Goenka</keyword> in 2011, after RPG Enterprises, founded by his father Rama Prasad Goenka, was divided between Sanjiv and Harsh Goenka. The RPSG group is a Kolkata-based conglomerate and its major businesses include CESC, a power generation and distribution company, the 120-year-old music company Saregama and the recently launched snacks brand Too Yumm! The company also operates Spencer’s retail chain, Nature’s Basket, Woodlands Hospital, Harrisons Malayalam and several other companies, making it a total of 22 companies. According to <a href="https://www.forbes.com/profile/sanjiv-goenka/?sh=541d14966301">Forbes</a>, Sanjiv Goenka has a net worth of $2.7B (approx. ₹20,250 crore). The RPSG group reported a revenue of ₹26,634 crore as on March 31, 2021 and has assets worth over ₹47,000 crore. <cmsannotation type="cmsannotation" annotationid="Goenka’s love for sports" comment="subhead" text="Goenka’s love for sports">Goenka’s love for sports</cmsannotation> For Sanjiv Goenka, winning the bid for Lucknow may not be just an investment. Goenka’s love for sports is evident from his other ventures as well. <div type="image" title="E5E3B7AD-FE67-4B15-87BE-3FE36E975B49" msid="87277605" hostid="261" caption="&amp;lt;p&amp;gt;Sanjiv Goenka with Robbie Keane.&amp;lt;/p&amp;gt;"></div> Sanjiv Goenka holds a stake in the ATK Mohun Bagan football club, which is a part of the Indian Super League (ISL). Sourav Ganguly, the president of the Board of Control for Cricket in India (BCCI) is also a co-owner of the ATK Mohun Bagan. The group is also involved in table tennis and owns the RPSG Mavericks Kolkata, which is part of India’s biggest table tennis league, the Ultimate Table Tennis League. <cmsannotation type="cmsannotation" annotationid="Sanjiv Goenka’s second stint in IPL" comment="subhead" text="Sanjiv Goenka’s second stint in IPL">Sanjiv Goenka’s second stint in IPL</cmsannotation> <div type="image" title="4A1F6760-2CCE-41A2-A1E1-4D8BDC7B4640" msid="87277431" hostid="261" caption="&amp;lt;p&amp;gt;Sanjiv Goenka in Rising Pune Super Giants jersey.&amp;lt;/p&amp;gt;"></div> Sanjiv Goenka’s RPSG is no stranger to the Indian Premier League – it had a two-year stint in the IPL after it bagged the Rising Pune Supergiant franchise for IPL 2016 and 2017, after Chennai Super Kings and Rajasthan Royals were suspended from the tournament for two years. Since 2017, Goenka has been eyeing a return to the IPL. In 2016, the team had an average outing, ending up seventh on the table with just five wins. After this, Goenka took the bold decision of dropping Mahendra Singh Dhoni from captaincy and handed over the reins to Steve Smith. This decision turned out well for the team and the team went on to the finals, losing the title to Mukesh Ambani’s Mumbai Indians by the barest of margins – just 1 run. Goenka has returned to IPL with the acquisition of IPL’s latest franchise, Lucknow. The RPSG group had bid for Lucknow, Ahmedabad and Indore. <cmsannotation type="cmsannotation" annotationid="We’ve done our math, says Goenka" comment="subhead" text="We’ve done our math, says Goenka">We’ve done our math, says Goenka</cmsannotation> Soon after the BCCI announced that the RPSG group had won the bid for the Lucknow franchise, Goenka spoke to Cricbuzz. Here are some of the key takeaways from the <a href="https://www.cricbuzz.com/cricket-news/119559/weve-done-our-math-sanjeev-goenka-after-7090-cr-bid-cricbuzzcom">interview</a>. Speaking about why the group selected Lucknow despite winning the bid for both Ahmedabad and Lucknow, Goenka said, “We have operations in Uttar Pradesh. We do power distribution there. We have a very big presence in the northern state. Closer by in Chandigarh, we have the power distribution rights. So for North India, that becomes like a hinterland.” Goenka also revealed the math behind the decision to bid over ₹7,000 crore for the team. “I will probably be paying only ₹3,500 crore in 10 years. It is because I will be getting ₹3,500 crore from the BCCI from the broadcast rights. In the next five years, I may get more [from the BCCI]. The net present value of that is ₹2,100 crore. That means I have got an IPL team for ₹2,100 crore. Tell me, is it good or not?”. In an <a href="https://www.moneycontrol.com/news/business/expect-lucknow-ipl-team-to-command-rs-10000-crore-valuation-in-5-years-rpsg-groups-sanjiv-goenka-7625691.html">interview</a> to Moneycontrol, Goenka revealed that he expects the franchise to be worth over ₹10,000 crore in five years. SEE ALSO: <a href="https://www.businessinsider.in/thelife/news/meet-girish-mathrubootham-founder-and-ceo-of-freshworks/articleshow/86453777.cms">Girish Mathrubootham, the son of a retired bank officer who built a $13 billion company in just 10 years</a> <a href="https://www.businessinsider.in/thelife/personalities/news/murali-divi-the-billionaire-scientist-behind-divis-labs-is-richer-by-6-billion-and-counting-since-the-pandemic/articleshow/86749881.cms">Murali Divi, the billionaire scientist behind Divi’s Labs, is richer by $6 billion, and counting, since the pandemic</a> <a href="https://www.businessinsider.in/business/startups/news/iron-man-vijay-shekhar-sharma-put-his-own-money-on-the-line-to-launch-paytm/articleshow/84468805.cms">‘Iron Man’ Vijay Shekhar Sharma put his own money on the line to launch Paytm — and ten years later the company is ready to go public</a>

Sanjiv Goenka makes a billion dollar comeback to the world's biggest T20 stage

New Delhi, Jul 15 () The RP-Sanjiv Goenka Group on Wednesday said it has acquired a majority stake in video-based news app Editorji Technologies Pvt Ltd, a move that marks its foray into the digital news media space. RP-Sanjiv Goenka (RPSG) Group has acquired 51 per cent stake through a combination of primary and secondary transaction in Editorji Technologies, started by former chief executive officer of NDTV Ltd Vikram Chandra, said a statement. However, the group did not disclose the financial details of the transaction. "I am delighted with the transaction as this investment marks our foray into digital news media space. I believe Editorji is a promising platform to build significant digital media business," RPSG Group chairman Sanjiv Goenka said. The USD 6 billion RP-Sanjiv Goenka Group, sees India as an untapped media market. Earlier this month, the RPSG Group had bagged the publishing rights for the global business magazine Fortune for the Indian market. "Massive changes are taking place across the world in the digital domain - where there is a need for personalised, credible and factual news and information. "As part of the RPSG Group, and with strong existing investors like Airtel and HT, Editorji is well-positioned to take advantage of the ongoing digital revolution," Editorji's Managing Director, Vikram Chandra said. Launched in 2018 , Editorji is a digital news player, primarily in current affairs news content. It delivers news in two languages – English and Hindi and across three formats of video, audio and text formats. One of the key features of the Editorji platform is its ability to generate personalised AI-driven news and information playlists. RPSG's businesses include power and energy, carbon black manufacturing, retail, IT-enabled services, FMCG, media and entertainment, and agriculture. KRH DRR DRR

RP-Sanjiv Goenka Group acquires 51 pc stake in video news app Editorji

New Delhi, Jan 27 () Ride hailing platform Ola has named former Flipkart executive Sanjiv Saddy as its senior vice president corporate affairs.
 "Sanjiv will be responsible for building deep relationships with key authorities, government agencies and other related stakeholders and in closely engaging and working with them as a business," Ola co-founder and CEO Bhavish Aggarwal said in an email to the employees. 
 "Consequently, all our regional corporate affairs and law enforcement leads will report to him," he wrote.
 An Ola spokesperson confirmed the appointment.
 Saddy has over 35 years of experience in corporate affairs and government relations, business development and finance. In his previous role, he was working with Flipkart, leading its government relations and corporate affairs mandate.
 He has also worked with Tata Communications, Emaar MGF Land Ltd and Freightwinds and Travels Ltd, among other companies. SR RUJ
RUJ

Ex-Flipkart exec Sanjiv Saddy joins Ola as SVP Corporate Affairs

Mumbai, Mar 21 () Wadia group-owned budget carrier GoAir on Saturday announced the appointment of aviation industry veteran Sanjiv Kapoor as advisor to the airline. Kapoor, who quit the Tata-SIA joint venture airline Vistara recently after serving as its chief strategy and commercial officer, will advice GoAir on important business and government matter, the airline said in a release. Significantly, GoAir's current chief executive officer Vinay Dube too had initially been roped in as an advisor by the budget carrier, which keeps witnessing exit from the top deck at frequent intervals. "I welcome Sanjiv to the ever growing GoAir family. His strong domain knowledge and deep expertise in the aviation sector will help GoAir in multiple ways," Dube said in the release. Kapur has also been associated in the past with SpiceJet, where he handled the position of Chief Operating Officer. IAS DRRDRR

GoAir appoints Sanjiv Kapoor as advisor

Believing farmer producer organisations (FPOs) can transform agriculture, <keyword id="6357073" type="General" weightage="80" keywordseo="itc" source="Orion">ITC</keyword> Chairman <keyword id="1968926" type="General" weightage="80" keywordseo="sanjiv-puri" source="Orion">Sanjiv Puri</keyword> on Friday said there are multiple opportunities in Indian agriculture today to achieve sustainable growth and productivity, given the grit and determination of Indian farmers and a proactive government. Speaking at the CII Agro Tech summit 2022 here, <keyword id="4903" type="General" weightage="100" keywordseo="puri" source="Orion">Puri</keyword>, who is also a Chairman of the agro tech, said agriculture is the lifeline of the economy and roughly half of <keyword id="3658" type="General" weightage="80" keywordseo="india" source="Orion">India</keyword>'s workforce is engaged in this sector. However, its contribution to the gross value added (GVA) is only about 18 per cent with challenges such as low productivity and wastage, which translates to lower farm incomes. On challenges to the agriculture sector and the impact of climate change, Puri said: "Today the sector is faced with a challenge of epic proportions and it's not unique to this sector or to India. Last year many countries experienced events that dramatically reduced crop production. This year is no different, we have challenges in <keyword id="28249" type="General" weightage="50" keywordseo="europe" source="Orion">Europe</keyword>, China and the US and recently in Indonesia. We have a neighbour whose agriculture sector has been devastated." India has its own share of problems -- first with wheat and now with rice. Although there is a great commitment towards net zero by countries and corporates, the reality is that extreme weather events will only multiply as articulated by the IPCC report, he said. Elaborating on the opportunities for agriculture, Puri said by 2050 given the population growth and better consumption patterns, India will need 60 per cent more food. There is also a movement towards healthier and more nutritious food products that give the opportunity for value addition. Agriculture being a provider of bio-diesel which tackles climate change is another opportunity in India, he said. "India has the largest arable land in the world and there is a huge opportunity to multiply and grow our productivity levels. We are self-sufficient today and we also have the distinction of having exported Agri products worth $50 billion but I think we can do much more." On the pathways that Indian agriculture can traverse towards sustainable growth and productivity, Puri said, "There are some important pathways available to us to surmount the challenges. "One is the power of FPOs and the power of aggregation. The government of India has taken very far-sighted steps to promote FPOs with multi-dimensional schemes to support capacity building and value addition. This is the pivot that will transform Indian agriculture." SEE ALSO: <a target="_blank" class="c-link c-message_attachment__title_link" href="https://www.businessinsider.in/business/news/edtech-major-byjus-sacks-thousands-and-then-hires-lionel-messi/articleshow/95301630.cms">Edtech major BYJU's sacks thousands, and then hires Lionel Messi</a> <a target="_blank" class="c-link c-message_attachment__title_link" href="https://www.businessinsider.in/business/news/samsung-logs-its-best-ever-diwali-sales-to-tune-of-14400-crore-in-sep-oct/articleshow/95302814.cms">Samsung logs its best ever Diwali sales to tune of ₹14,400 crore in Sep-Oct</a>

Farmer producer organisations can transform agriculture: ITC Chairman Sanjiv Puri

India's diversified entity <keyword id="19896958" type="General" weightage="20" keywordseo="ITC" source="keywords" meta.keywordsubtype="org" meta.entityname="ITC" meta.hostid="153" meta.entityid="ITC">ITC</keyword> plans to open more hotels overseas with neighbouring countries and the Middle East as primary target markets after opening of its first international property here, company Chairman and Managing Director <keyword id="20049280" type="General" weightage="20" keywordseo="Sanjiv-Puri" source="keywords">Sanjiv Puri</keyword> said on Thursday. The company's arm <keyword id="20032522" type="General" weightage="20" keywordseo="ITC-Hotels" source="keywords" meta.keywordsubtype="org" meta.entityname="ITC Hotels" meta.hostid="153" meta.entityid="ITC Hotels">ITC Hotels</keyword>, which had opened 22 new properties in the last 24 months, plans to add another 70 hotels in the next five years in India as part of expansion plans in the <keyword id="20402233" type="General" weightage="20" keywordseo="hospitality-sector" source="keywords">hospitality sector</keyword>. Besides the hotels business, the company will look for opportunities to expand the presence of <keyword id="19931572" type="General" weightage="20" keywordseo="FMCG" source="keywords" meta.keywordsubtype="org" meta.entityname="FMCG" meta.hostid="153" meta.entityid="FMCG">FMCG</keyword> and other verticals in new overseas markets as well. "We are open to exploring opportunities that come about. I think we have strong credentials in hospitality which we can take outside India now. Very clearly at the moment the focus is on proximal markets, be it for hospitality, be it for FMCG...," Puri said here at a press conference after the opening of the 352-room luxury property, <keyword id="20911944" type="General" weightage="20" keywordseo="itc-ratnadipa" source="keywords">ITC Ratnadipa</keyword> here. He said as the company explores and understands a place for a particular business, it may look at it as a market for other verticals as well. Citing the example of Nepal, Puri said,"We started with other businesses and are now looking at hospitality (there). Here (in Sri Lanka) we have started with hospitality...as we explore and understand the place, we will look at possibilities in some of our other sectors as well." On overseas expansion of the hospitality business, while the company's focus is more on 'proximal markets', he said,"We are open to it if there are some interesting opportunities beyond it. We will certainly be interested in pursuing that." When asked if ITC is looking at the Middle East as a market for the hospitality business, he said it is a vibrant economy right now with terrific growth plans and "if opportunity comes our way then we will certainly explore that". Puri also said the company will look to expand in more destinations in Sri Lanka going forward. "This (opening of ITC Ratnadipa) is the starting point and yes, we want to expand and grow the economy and contribute to the development of tourism in Sri Lanka," he said. When asked about ITC's overall expansion plans in the hospitality sector, he said,"We have a very healthy pipeline of 70 hotels in five years." All these 70 hotels are for the Indian domestic market and most of them will be the upscale segments. He, however, said "(For) overseas we're just starting our journey. So we have not yet got to the stage to start putting a number right here." On investments planned for the overall expansion, he did not share a specific number but said "between renovation and new properties will spend somewhere between Rs 700 crore to Rs 1,000 crore a year". When asked about the progress of the demerger of ITC Hotels and its planned public listing, Puri said it is happening in line with the indicated timelines and is expected "before the second half of this year or the end of this year". At its new property here, the company had invested about USD 500 million. It was inaugurated on Thursday by Sri Lankan President Ranil Wickremesinghe. The ITC Ratnadipa or 'Island of Gems' has 352 guest rooms, suites and service apartments, each with private balconies with waterfront views. Earlier in the day, speaking at the opening of the new hotel, Puri said,"It is very natural for us to specifically focus on markets in proximal areas, encouraged also by our Prime Minister's (Narendra Modi) vision of neighbourhood first where Sri Lanka has a very special position. ITC is deeply committed to growing our presence and contributing to hospitality in the region." SEE ALSO:<a href="https://www.businessinsider.in/tech/news/jiocinema-introduces-new-ad-free-premium-plans-starting-at-29/articleshow/109581033.cms" target="_blank"></a> <a href="https://www.businessinsider.in/tech/news/jiocinema-introduces-new-ad-free-premium-plans-starting-at-29/articleshow/109581033.cms" target="_blank">An Ambani disruption in OTT: At just ₹1 per day, you can now enjoy ad-free content on JioCinema</a><a href="https://www.businessinsider.in/tech/mobile/news/realme-narzo-70-narzo-70x-5g-smartphones-launched-in-india-starting-at-11999/articleshow/109557895.cms" target="_blank"></a> <a href="https://www.businessinsider.in/tech/mobile/news/realme-narzo-70-narzo-70x-5g-smartphones-launched-in-india-starting-at-11999/articleshow/109557895.cms" target="_blank">Realme Narzo 70, Narzo 70X 5G smartphones launched in India starting at ₹11,999</a><a href="https://www.businessinsider.in/tech/news/apple-let-loose-event-scheduled-for-may-7-ipads-expected-to-be-launched/articleshow/109553148.cms" target="_blank"></a> <a href="https://www.businessinsider.in/tech/news/apple-let-loose-event-scheduled-for-may-7-ipads-expected-to-be-launched/articleshow/109553148.cms" target="_blank">Apple Let Loose event scheduled for May 7 – New iPad models expected to be launched</a>

ITC plans to open more hotels overseas: CMD Sanjiv Puri

The total remuneration of ITC Chairman and Managing Director <keyword id="1968926" type="General" weightage="20" keywordseo="sanjiv-puri" source="Orion">Sanjiv Puri</keyword> was increased 53.08% to ₹16.31 crore for financial year 2022-23. Puri drew a basic salary of ₹2.88 crore, perquisites and other benefits of ₹57 lakh and a performance bonus/long-term incentives/commission of ₹12.86 crore from ITC for 2022-23. A year ago, Puri's total remuneration was ₹10.66 crore, which included a basic salary of ₹2.64 crore, perquisites and other benefits of ₹49.63 lakh. However, his performance bonus/commission was ₹7.52 crore only in FY22. During the annual general meeting scheduled for August 11, ITC has proposed a resolution for re-appointment of Puri as a director and also as managing director &amp; chairman for five years or till such earlier date to conform with the policy on retirement from July 22, 2024. Puri was appointed as Managing Director of ITC on July 22, 2019, and his present term will end on July 21, 2024. After Puri, Nakul Anand is the second highest-paid employee of ITC with a total remuneration of ₹8.18 crore for FY23. He is followed by B Sumant with ₹ 7.58 crore. Anand oversees the hospitality and travel &amp; tourism businesses of ITC, while Sumant oversees the paperboards, paper and packaging as well as the personal care and education &amp; stationery products businesses of the company. According to ITC, "Remuneration of KMPs (Key Managerial Personnel) increased by 28% due to impact of revision in remuneration and payment of long-term incentives during the year." Moreover, the number of persons drawing a salary of more than ₹1 crore per annum was over 245 in FY23. In FY22, the number of such employees was around 220. Compared with financial year 2021-22, the median remuneration of employees has decreased 3%, while the average remuneration of employees has increased by 6%. Puri's ratio of remuneration to the median remuneration of all employees is 326:1. As on March 31, 2023, the total number of permanent employees in ITC was 23,725.

ITC CMD Sanjiv Puri drew ₹16.31 crore salary in FY23 - that's a 53% jump from last year

<ul><li>Indian billionaire <keyword id="29201" type="PERSON" weightage="20" keywordseo="Lakshmi-Mittal">Lakshmi Mittal</keyword>, CEO and Chairman of <keyword id="47654" type="COMPANY" weightage="20" keywordseo="ArcelorMittal">ArcelorMittal</keyword> is third highest on <keyword id="7925744" type="UNKNOWN" weightage="20" keywordseo="ceoworld-magazine">CEOWORLD magazine</keyword>’s global ranking of the best chief executives for 2019. </li><li>The CEOWORLD rankings placed <keyword id="80487" type="COMPANY" weightage="20" keywordseo="walmart">Walmart</keyword> CEO Douglas McMillon as the highest ranking CEO, globally. </li><li>Other Indian CEOs include <keyword id="6355199" type="COMPANY" weightage="20" keywordseo="reliance-industries">Reliance Industries</keyword>’ <keyword id="3820" type="PERSON" weightage="20" keywordseo="Mukesh-Ambani">Mukesh Ambani</keyword>, <keyword id="6356834" type="COMPANY" weightage="20" keywordseo="indian-oil-corporation">Indian Oil Corporation</keyword> (IOC) Chairman Sanjiv Singh, Shashi Shanker of Oil and Natural Gas Corporation(ONGC).</li></ul>Billionaire Lakshmi Mittal who leads ArcelorMittal is one of the top three CEOs in the world, according to the <a href="https://ceoworld.biz/2019/07/25/best-ceos-in-the-world-2019/">CEOWORLD magazine’s global ranking</a> 2019. He is followed by Reliance Industries’ Mukesh Ambani, Indian Oil Corporation (IOC) Chairman Sanjiv Singh, Shashi Shanker of <keyword id="64243" type="COMPANY" weightage="20" keywordseo="Oil-and-Natural-Gas-Corporation">Oil and Natural Gas Corporation</keyword> (ONGC) and Rajnish Kumar of <keyword id="6354731" type="DOMAIN" weightage="20" keywordseo="state-bank-of-india">State Bank of India</keyword> (SBI). 
	<div type="twitter" handle="ONGC_" handlename="ONGC" image="http://pbs.twimg.com/profile_images/523484376672137216/ykvMIhdY_normal.jpeg" favoritecount="279" retweetcount="41" status="Shashi Shanker, @CMD_ONGC , makes it to the 100 Most Influential Chief Executives across industries as per… https://t.co/RdwV9mcdUL" createdat="1564236074000" id="1155115935012753408"></div>



 The top ranking went to Walmart CEO Douglas McMillon. He is followed by Royal Dutch Shell’s Ben van Beurden. The rankings include 121 best CEO’s across the globe, filtered from over 1,200 across 96 countries. The ranking is based on the financial returns for the CEO’s tenure — which carries 60% weightage. The rest is influenced by factors like company’s governance policies, market capitalisation, social issues and others. Here’s a list of Indian CEOs that featured in CEOWORLD magazine’s global ranking: 
	<div type="Slideshow" msid="70444924" hostid="261" title="Here's the list of the top Indian CEOs featured in CEOWORLD global rankings" firstImageMsid="70445233" slideCount="11"></div>

Here's the list of the top Indian CEOs featured in CEOWORLD global rankings

<ul><li><keyword id="2582336" type="General" weightage="50" keywordseo="rohit-jawa" source="Orion">Rohit Jawa</keyword> would take over the leadership role for a term of five consecutive years with effect from June 27, 2023.</li><li>Jawa will join the <keyword id="44863" type="General" weightage="100" keywordseo="hul" source="Orion">HUL</keyword> board as a whole-time director from April 1, 2023.</li><li>Besides the Indian market, he will also take over as President of <keyword id="45009" type="General" weightage="80" keywordseo="unilever" source="Orion">Unilever</keyword> South Asia. </li></ul> FMCG major HUL on Friday announced the appointment of Rohit Jawa as the Managing Director &amp; Chief Executive Officer to succeed <keyword id="169120" type="General" weightage="50" keywordseo="sanjiv-mehta" source="Orion">Sanjiv Mehta</keyword> who will retire from the company after leading it for a decade. Jawa, presently the Chief of Transformation for Unilever, would take over the leadership role for a term of five consecutive years with effect from June 27, 2023, the company said in a statement. "The appointment of Rohit Jawa as a whole-time director and MD &amp; CEO will be subject to the approval of Shareholders and other statutory approvals as may be applicable," it added. Jawa will join the HUL board as a whole-time director from April 1, 2023. Besides the Indian market, he will also take over as President of Unilever South Asia. He will join the Unilever Leadership Executive (ULE) effective April 1, 2023. After a transformational tenure of 10 years at the helm of HUL, Sanjiv Mehta will retire from the company. Jawa is currently the Chief of Transformation for Unilever in London where since January 2022, he has successfully orchestrated the once-in-a-decade, end-to-end transformation of Unilever. He started his career with HUL as a management trainee in 1988 and has a proven track record of sustained business results across - India, South East Asia, and North Asia. As EVP for North Asia &amp; Chairman for Unilever China, he led a significant transformation of Unilever China into a competitive, profitable, and consistent business, now Unilever's third biggest globally, the statement said. Further, as the Chairman of Unilever Philippines, he led the business to become one of the top 10 markets for Unilever globally. Rohit's ability to integrate the strength of traditional markets with digital technologies and future-fit business models positions him well to take HUL into its next growth phase. Commenting on the development HUL Chairman Nitin Pranjape said: "I am delighted to welcome Rohit back to India. He has a deep understanding of the business landscape, particularly in Asia and has led the transformation of Unilever businesses in China and in the Philippines. "I am certain that with his astute business acumen, and growth mindset Jawa will take HUL to the next level of performance." Mehta (62), had taken over as the MD &amp; CEO of HUL in October 2013 leading the business through a period of sustained growth. During his decade at the helm, the business crossed the Rs 50,000 crore turnover mark and the market capitalisation of the company increased more than four times from USD 17 billion to USD 75 billion, reinforcing HUL as one of India's most valuable businesses, the company said. He has been a proponent of long-term value creation anchored by growth, high-performance anatomy and distinctive capabilities and introduced several transformative business programmes such as 'Dial Up the Big Q' and 'Winning in Many Indias' to make the business more consumer-centric, agile, and resilient. In order to make the business more future-fit, Mehta kickstarted the 'Reimagine HUL' agenda by leveraging data, harnessing latest technologies, and designing business models to redefine how HUL engages with consumers, customers, and the way the business operates. He was also instrumental in HUL undertaking several strategic mergers and acquisitions, including the amalgamation of GSK Consumer Healthcare into HUL, one of the biggest mergers in the history of FMCG in the country. Besides, he actively championed the diversity agenda making HUL an even more inclusive organisation, the company said. Paranjpe said Mehta has been an integral part of the Unilever Leadership Executive and has driven the South Asia growth agenda as the president of the market cluster. Hindustan Unilever Led (HUL) is India's largest Fast-Moving Consumer Goods company, For the financial year ended on March 31, 2022, HUL which owns power brands such as Rin, <keyword id="270001" type="General" weightage="50" keywordseo="surf-excel" source="Orion">Surf Excel</keyword>, Dove etc has a revenue of Rs 51,193 crore. Mehta also served as the President of the industry body FICCI. Besides, the HUL board also announced the appointment of Ranjay Gulati as an Independent Director of the company for a term of five consecutive years with effect from 1st April 2023. Gulati comes with a rich understanding of Business Strategy and is presently a Professor at Harvard Business School, said an HUL statement. SEE ALSO: <a target="_blank" class="c-link c-message_attachment__title_link" href="https://www.businessinsider.in/stock-market/news/tata-technologies-files-drhp-with-sebi-all-you-need-to-know-about-this-tata-motors-subsidiary/articleshow/98539244.cms">Tata Technologies files DRHP with SEBI: All you need to know about this Tata Motors subsidiary</a> <a target="_blank" class="c-link c-message_attachment__title_link" href="https://www.businessinsider.in/business/news/demand-for-call-center-remote-customer-service-jobs-see-sharp-uptick-since-pre-pandemic-indeed/articleshow/98543190.cms">Demand for call center, remote customer service jobs see sharp uptick since pre-pandemic: Indeed</a>

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Sanjiv Goenka makes a billion dollar comeback to the world's biggest T20 stage

Rounak Jain

RP-Sanjiv Goenka Group acquires 51 pc stake in video news app Editorji

PTI

Ex-Flipkart exec Sanjiv Saddy joins Ola as SVP Corporate Affairs

PTI

GoAir appoints Sanjiv Kapoor as advisor

PTI

Farmer producer organisations can transform agriculture: ITC Chairman Sanjiv Puri

IANS

ITC plans to open more hotels overseas: CMD Sanjiv Puri

PTI

ITC CMD Sanjiv Puri drew ₹16.31 crore salary in FY23 - that's a 53% jump from last year

PTI

Here's the list of the top Indian CEOs featured in CEOWORLD global rankings

Prerna Sindwani

Hindustan Unilever appoints Rohit Jawa as new MD & CEO; Sanjiv Mehta to retire

PTI

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