Agarwal's departure from the Aditya Birla Group comes after the conglomerate recently appointed Savitri Dadhich, a co-founder of law firm Dastur Dadhich & Kalambi, as a strategic adviser to counsel the group on matters related to transactions, arbitration and litigation.
Agrawal joins Tata Sons from the Aditya Birla Group, where he was head of strategy. In FY12, Tata Sons' equity investments into group companies were smaller than the dividends it earned from them.
Agrawal is expected to move into his new role at Tata Sons CFO on July 1 according to sources close to the matter.
Tata Group Chairman N Chandrasekaran handpicked Aditya Birla Group's Saurabh Agarwal as the group's CFO. During his stint, Agrawal oversaw the multi-billion Idea-Vodafone merger and the acquisition of Jaypee's cement assets by Ultratech. "It is an exciting time for the group under the leadership of Chandrasekaran, and I look forward to contributing to the group's profitable growth with my experience in corporate finance", Agrawal said.
AAP takes EVM battle to EC doorstep
He, however, did not give any date for the proposed challenge which he announced in his opening remarks at the meeting. However, the only way to secure these against manipulations is to have a paper trail system.
What the stars wore to the 2017 Billboard Music Awards
Rock fans were stunned to learn about the death of rocker Chris Cornell, who was found dead Thursday in his hotel room in Detroit. The rapper delivered a series of fantastic acceptance speeches, one in which he called out the show's co-host, Vanessa Hudgens.
An investment banker for most of his career, Agrawal was previously regional head of corporate finance (South Asia) for Standard Chartered Bank.
Former Tata Sons chairman Cyrus Mistry had ushered in financial discipline into numerous companies cleaning up balance sheets by taking impairments and selling businesses-acquired when Ratan Tata was chairman - that were unprofitable.
Agrawal "brings deep capital markets knowledge and valuable cross-industry experience to this critical leadership role in the Tata group", Chandrasekharan said in the emailed statement.
Agrawal comes into the company at a time when numerous group companies are under financial stress and Agarwal would be required to play a key role there. The board of Tata Sons had, post Mistry's removal, cited a drop in its dividend income as a measure of his under-performance and one of the reasons for his being replaced.
Cher, Miley Cyrus, Bruno Mars, Ed Sheeran, Drake and the Chainsmokers will perform at the show airing live on ABC. On it's 20 year anniversary though, it felt as fresh as ever, with Dion giving the performance everything she had.
Harris, however, stressed that China and Russian Federation , the North's traditional backers, can no longer look the other way. The allies agreed that dialogue with North Korea could happen under the "right conditions", Yoon said.
I shall sleep well. "We have to keep working hard and staying focused, and a lot of that is rhythm of the game". Cubs pinch hitter Ian Happ then tripled to deep center and Blach was pulled in favor of right-hander Derek Law.
Trump is to travel Tuesday to Bethlehem to visit with Palestinian leader Mahmoud Abbas in the West Bank. And Trump made one symbolic gesture Monday in bridging the gap between Israel and the Arab world.
One Twitter user said she heard an "explosion" from inside the area, where Grande performed moments earlier. Outside, traffic was at a standstill as fleeing concert goers ran through the streets, Dawber said.
She teamed the daring look - which she previously wore in the song's music video - with thigh-high boots and a leather jacket. In a attractive , Met Gala-ready white gown, she belted out " My Heart Will Go On ", the Oscar-winning song from " Titanic ".
Wenger appeared to criticise the club's fans who have been split between those loyal to him and those who feel he should leave. But the runner-up finished its best season in 54 years in style by beating relegated Hull 7-1.
On Tuesday, he is set to meet with Palestinian lead Mahmoud Abbas in the West Bank and deliver a speech at the Israeli Museum. The U.S. has never recognized Israeli sovereignty over territory occupied in 1967, including east Jerusalem.
We want to go to the Europa League final with the best feeling we can. "The players who needed the rest got the rest". The defeat against Tottenham means United are now likely to finish sixth. "When I have 14, 15 players I can't do it".
The clip shows Erdogan emerging from a vehicle to watch the melee before heading inside the Turkish ambassador's residence. Both opponents and supporters of Erdogan accuse each other of provoking the brawl which left more than 10 people injured.
British Prime Minister Theresa May issued a statement, confirming that police are treating the incident as a terror attack. There was mass panic after the explosion at the end of the concert, which was part of Grande's The Dangerous Woman Tour.
Climbers Killed In Deadly Week On Mount Everest
According to the AP, "The Nepalese Tourism Department issued a record 371 permits this year to people to scale the mountain". The weather conditions subsided over the weekend, and a window opened to try to climb the summit which peaks at 8848 meters.
Ex-RJD MP gets life term in murder case of MLA
Lalu Yadav's aide and senior RJD leader Prabhunath Singh has been awarded life sentence in a 22-year old murder case. Prabhunath 's brother, has made a decision to challenge the lower court verdict in the High Court.
Trump budget would cut food stamps for millions of people
This year's budget debate, Republicans hope, would grease the way for a major overhaul of the loophole-cluttered tax system. Get great content delivered straight to your inbox every morning Monday-Friday at 8:00am, just a click away, Sign Up Now.
Une star de l'Ajax se paye Paul Pogba
La Ligue Europa, c'est pour les équipes qui se sont qualifiées pour, comme nous", avait déclaré l'entraîneur de Manchester. Matthijs de Ligt, 17 ans, titulaire à l'Ajax d'Amsterdam et déjà bourré d'aplomb.
Warriors Looking to Close Out Spurs Monday Night
Golden State played at a 10 for most of the last two games but isn't taking anything for granted against a proud Spurs squad. Curry is averaging 30 points on 18 shots per game against the Spurs, making 50 percent of his 32 three-point attempts.
Drake Breaks Adele's Record At Billboard Awards
The Canadian singer was extremely touched with an invitation to perform the Titanic song at the Billboard evening. Blake Shelton took home the award for top country artist , and top country song went to Florida Georgia Line.
A look at the top moments from the Billboard Music Awards
Later on she showed up in one of Cher's iconic stage costumes and danced along to Cher's performance from the audience. She made that point with her outfit at the Billboard Music Awards and a boast she can do a 5-minute plank .