MAM
JK Cement promotes Nitish Chopra to group president role
Veteran executive takes charge of white cement and paints division amid mixed quarterly results.
MUMBAI: When a company decides to paint a brighter future for one of its fastest-growing segments, it helps to have someone who’s already been mixing the colours for nearly two decades. JK Cement has promoted Nitish Chopra as Group President and Business Head of its white cement and paints division, marking a key leadership transition within the company’s expanding portfolio. Chopra announced the development in a LinkedIn post, expressing gratitude for his journey with the organisation and optimism about future opportunities.
Chopra joined JK Cement in 2008 as head of branding and communication and has since held multiple leadership roles, including Head of Business Strategy, Head of Paint Business, and most recently president and deputy dusiness head. Prior to this, he worked with HSBC in retail banking and wealth management.
His elevation comes as JK Cement navigates a mixed financial performance. The company reported an 8.56 per cent year-on-year decline in consolidated net profit to Rs 173.61 crore for the third quarter ended December FY26, compared with Rs 189.87 crore in the year-ago period. However, revenue from operations rose 18.18 per cent to Rs 3,463.07 crore during the quarter, reflecting strong top-line growth. Total income stood at Rs 3,509 crore, up 17.95 per cent year-on-year, while total expenses increased 18.42 per cent to Rs 3,192.91 crore.
Chopra’s appointment is expected to strengthen JK Cement’s strategic focus on its white cement and paints business, a segment that has been gaining traction amid rising competition and evolving consumer demand.
From branding rookie to Group President, Nitish Chopra has clearly mastered the art of building layers and in the world of cement and coatings, that kind of steady rise is worth celebrating.
MAM
PwC India announces leadership change in Deals practice
Shashank Jain steps down as co-leader after nearly three decades with the firm.
MUMBAI: When one dealmaker steps off the pitch, another is ready to take the baton because in the fast-moving world of transactions, the game never really stops. PwC India has announced a leadership transition in its Deals practice, with Shashank Jain stepping down from his role as co-leader to pursue an opportunity in the industry. The practice will continue to be led by Mohit Chopra, ensuring continuity and sustained growth momentum.
PwC India partner and leader for advisory dinesh Arora paid tribute to Jain’s contributions. “We deeply appreciate the significant contributions made by Shashank over close to three decades he has spent with PwC, particularly his defining role in shaping and strengthening our Transaction Services practice in India,” he said. Arora highlighted Jain’s support for clients through some of the most complex and significant transactions in the Indian market, noting his deep technical expertise, sound judgment and nuanced understanding of the evolving M&A landscape.
The Deals practice remains a key growth driver for PwC India, and the firm expects continued expansion under Mohit Chopra’s leadership. He will continue to guide clients through complex transactions and transformational business moments, building on the strong foundation established over the years.
Reflecting on his journey, Shashank Jain said, “I have had an exceptional journey at PwC. I owe my growth and learning to the nurturing environment and leadership development that PwC provided.” He added that he had been working closely with Mohit and the larger team to ensure a smooth transition and expressed confidence that Chopra would take the Deals practice to newer heights.
From intern to respected deals leader, Shashank Jain has clearly closed many successful transactions and now, it seems, he’s ready to strike a new deal of his own.
