Tag: Chartered Accountant

  • Keki Mistry joins Kedaara Capital as independent operating advisor

    Keki Mistry joins Kedaara Capital as independent operating advisor

    MUMBAI: Private equity firm Kedaara Capital has roped in one of the savviest, most respected and experienced minds in Indian financial services. The PE firm has announced the appointment of Keki Mistry as an independent operating advisor to its funds. A chartered accountant and a veteran of the banking & financial services sector, Mistry brings over four decades of expertise, having played a pivotal role in shaping some of India’s leading financial institutions.

    Keki MistryMistry began his career with AF Ferguson & Co before joining HDFC in 1981, where he rose through the ranks to become vice-chairman & CEO from 2010 to 2023. Under his leadership, HDFC transformed into India’s largest financial services conglomerate, founding key entities such as HDFC Bank., HDFC Asset Management Co, HDFC Life Insurance Co, and HDFC ERGO General Insurance Co.

    Following HDFC’s merger with HDFC Bank in 2023, Mistry joined the board of HDFC Bank as a non-executive director. He also holds board positions with several prominent companies, including Tata Consultancy Services, Flipkart, and Torrent Power.

    At Kedaara Capital, Mistry will act as a strategic advisor, offering insights into financial services and guiding investments in the sector. His unparalleled experience and leadership are expected to provide significant value to Kedaara’s portfolio. 

    The PE typically invests between $25-75 million in each investment, and it  can invest a significantly larger amount (>$200 million) in select situations. 

    Kedaara Capital is run  by three founders &  managing partners Manish Kejriwal, Sunish Sharma and Nishant Sharma. It is reputed to be amongst the top private equity firms in India. 

    In addition to his professional achievements,  Mistry is known for his love of cricket, theater, and golden era Hindi music. His contributions to the industry have earned him numerous accolades, including the Lifetime Achievement award from the Financial Express and the Hall of Fame recognition from the Institute of Chartered Accountants of India.

  • Sony Pictures Networks India  hires southern market expert Rajaraman Sundaram as head content strategy

    Sony Pictures Networks India hires southern market expert Rajaraman Sundaram as head content strategy

    MUMBAI: Sony Pictures Networks India or Culver Max Entertainment has hired veteran television executive Rajaraman Sundaram as head content strategy. One wonders what one should read into this hire by CEO Gaurav Banerjee.

    Rajaraman has had deep exposure to the southern markets having worked at Vijay Television for almost 11 years in two phases January 2011-March 2006 and April 2009-January 2015. On both occasions, he was in the finance department.

    He was  given charge  of Asianet between December 2017 and September 2021 first as executive vice-president strategy (south) and then as business head. He was given the responsibility of Colors (Tamil) between September 2021 and July 2023.

    Rajaraman was then lured back to Disney Star India to work in the country manager India’s office between August 2023 and November 2024.  In between, the qualified chartered accountant worked with NDTV Imagine for two years (May 2007-April 2009) as vice-president finance. Then he had a stint at Hathway Cable & Datacom as chief operating officer -video business between April 2015 and December 2017.

    A question that needs answering is: in his new role, has Rajaraman been hired  to take Sony into the southern regional language market? Or is he being brought in to help Gaurav Banerjee  build the fictional slate of Sony Entertainment Television?  

    Gaurav Banerjee  and his core management team know it. And he is not telling. As yet. 

  • Zee Learn appoints Anish Shah as chief financial officer

    Zee Learn appoints Anish Shah as chief financial officer

    Mumbai: Zee Learn on Tuesday announced the appointment of Anish Shah as chief financial officer (CFO).

    Shah is a chartered accountant with more than two decades of experience. He has experience across various industries like fin-tech, telecommunications, airlines and manufacturing. His functional experience includes various areas of finance like finalisation of Accounts, IND-AS, business finance, MIS, FP&A, budgeting, accounts payable, cash flow management, SAP automation, cost optimisation, financial modeling etc.

    Shah’s last work experience was with IL&FS Securities as its chief financial officer. Before that, he was with Jet Airways as head of financial controls. At Jet Airways. Shah was responsible for FP&A, business finance and cost optimisation.

    Prior to joining Jet Airways, he was with Reliance Jio as general manager (finance, compliance and accounts). There he was responsible for project and operations budgeting, preparing business plans, business commercials, SAP implementation, and automation.

  • Airtel brings in Rajiv Sharma as head of investor relations

    Airtel brings in Rajiv Sharma as head of investor relations

    Mumbai: Bharti Airtel Ltd (Airtel) has brought Rajiv Sharma on board as head of investor relations, effective 1 October. He takes over from Komal Sharan, who is moving to a new role within the Bharti group.

    In his new role, Sharma will report to Airtel India and South Asia chief financial officer Badal Bagri. He will be responsible for ensuring that the telecom company is appropriately represented with investors, lenders, equity partners, and financial institutions.

    Welcoming Sharma on board, Airtel India and South Asia MD & CEO Gopal Vittal said, “I am confident his rich experience and deep understanding of the telecom industry will add immense value to our engagement with the investor and financial community. I wish Rajiv the very best in his role and look forward to working closely with him.”

    Sharma is a qualified chartered accountant with over 18 years of experience in capital markets, corporate strategy, consulting, IPOs, fundraising, and equity research. He joins Airtel from Spark Capital Advisors where he was director – investment banking & head – digital research. Previously, he also worked with companies such as SBICAP Securities, HSBC, and PWC.

  • DEN Networks appoints Rajendra Hingwala as additional independent director

    DEN Networks appoints Rajendra Hingwala as additional independent director

    MUMBAI: As per the recommendations of nomination and remuneration committee, the board of directors of DEN Networks has approved the appointment of Rajendra Dwarkadas Hingwala as an additional independent director of the company.

    According to the company's BSE filing, Hingwala has been named as a director for a period of three consecutive years with effect from 21 December 2019 to 20 December 2022.

    Hingwala is a chartered accountant and fellow member of the Institute of Chartered Accountants of India (ICAI). He worked as director/ partner with PricewaterhouseCoopers Pvt Ltd (PWC) and retired therefrom after 38 years of service.

    “Hingwala is neither related to any director of the company, nor debarred from holding the office of director by virtue of any Securities and Exchange Board of India (SEBI) order or any other such authority,” the press statement published on the bourses mentioned.

    Hingwala’s area of work included advising. He has an expertise on various provisions of double taxation avoidance agreements, direct and indirect tax implications of acquiring undertakings/ companies, structuring of business transactions, compliance of tax laws including litigation support and structuring of investment by foreign entities in India through various investment routes.

  • Sun Direct CEO R. Mahesh Kumar appointed as Sun TV Network President

    Sun Direct CEO R. Mahesh Kumar appointed as Sun TV Network President

    MUMBAI: The Kalanithi Maran-promoted Sun TV Network has appointed R. Mahesh Kumar, who has been Sun Direct CEO since 2011, as its president. The company made this announcement in a communication to the Bombay stock exchange a short while ago. 

     

    The appointment is being done to strengthen the management of the company, which runs India’s most watched channel, Sun TV and becomes effective from 1 November, 2015.

     

    Unconfirmed reports were that Sun Direct senior vice president – corporate affairs Swaminathan is slated to be elevated to head the DTH operation. 

     

    The 46 year old, R. Mahesh Kumar, is a Chartered Accountant with over 23 years experience out of which more than 15 years has been with the media industry. He started his career with Citibank and had also served KPMG and American Express in earlier years.

     

    His last position was was with the Rajan Raheja Group where he was the president and CEO of Asianet Satellite Communications Ltd before joining the Sun Group. He also held the position of managing director of Sun Direct.