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• Vedanta Aluminium appoints Ravi Paliwal as CEO - Ash Management

  Before joining Vedanta, Paliwal served as Senior Vice President - Contract, Commercials and Materials at Bajaj Energy.

  

• Infineon to cut 1400 jobs, relocate 1400 more, says CEO

  The cuts include the cancellation of several hundred positions at the company's plant in the southern German city of Regensburg that had been announced earlier.

  

• Elliott offers Starbucks settlement to allow CEO to keep top job

  ​The offer was made weeks ago and Starbucks has not yet responded, the report said, adding that the move came before reports that the activist investor had a significant stake in the company.

  

• Boeing names Kelly Ortberg CEO to steer turnaround as cash burn rises

  ​Ortberg will start on Aug. 8 with the monumental task of rebuilding trust with regulators, the industry and the public during a quality crisis, and as the company's finance chief warned it would continue to burn cash.

  

• Prodapt elevates Manish Vyas as MD and Chief Executive Officer

  ​"The Board is delighted to announce the appointment of Manish Vyas as CEO and MD of Prodapt. Manish steps into a strong Prodapt platform and a recognised leader in the CMT space." said Prodapt Founder and Chairman Vedant Jhaver in a company statement on Wednesday.

  

• Intel plans to cut thousands of jobs to finance recovery

  Shares of the chipmaker, which is set to report quarterly results on Thursday, were up about 1% in extended trading. The stock has slumped 40% so far this year.

  

• C R Srinivasan appointed as CEO of Sify Digital Services

  Prior to joining Sify, Srinivasan was associated with Tata Communications' Cloud and Cybersecurity businesses.

  

• Hero Vired appoints Prakhar Kasar as CEO

  Previously, Kasar worked at PepsiCo and MakeMyTrip, according to a statement.

  

• Eastman Exports appoints Ritesh Kumar as CEO

  Prior to joining Eastman Exports, Kumar was associated with Shahi Exports as Senior Vice President.

  

• Atos appoints fifth CEO in less than two years

  ​Atos is undergoing a financial restructuring in a bid to deal with debt, and get its business back on track. This year alone, its market value has dropped by 85%.

  

• Dutch recruiter Randstad's Q2 earnings fall slightly below estimates

  ​The Dutch company's underlying earnings before interest, tax and amortisation (EBITA) fell 34% to 181 million euros ($197 million), below the 187 million euros expected by analysts on average in a company-provided poll.