Hindustan Unilever (HUL) has made announcement about the major changes in the Management Committee of the company.

The company has nominated Nitin Paranjpe, currently Executive Director, Home & Personal Care, as the new Managing Director and CEO of the company.

The recent declaration makes the 44 years-old Paranjpe, the youngest CEO & MD of the country’s biggest FMCG company.

Douglas Baillie, now MD and CEO of HUL, has been brought up to join the Unilever Executive as the President, Western Europe.

A global IT solutions provider NIIT Technologies announced that the company has signed up a share purchase agreement with Softech GmbH.

Under the agreement, NIIT Technologies will buy 100 percent share capital of Softec GmbH.

Softec GmbH is German-based Company providing IT solutions in airlines revenue accounting. The company also holds a major market share of about 40 small to medium airlines within Europe, Africa and Asia.

India-based, Media and entertainment company, UTV Software Communication (USCL) said that company’s board of directors at its meeting on February 16, has approved the issuance of 93,52,500 equity s

New Delhi, Feb 18: The Canada-India Atlantic Gateway Business Forum will begin here today.

The forum is being organized by the Confederation of Indian Industry (CII) along with the Canada Atlantic Gateway Business Delegation.

Peter MacKay, Minister of Defence, Minister of the Atlantic Canada Opportunities Agency; David M Malone, High Commissioner for Canada to India and Deep Kapuria, Chairman, CII (NR) and CMD, Hi-Tech Gears Ltd, will address the inaugural session.