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Leadership Change at Diageo India

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MUMBAI: Diageo India, the nation’s leading beverage alcohol company, has announced a leadership transition. Praveen Someshwar, former MD and CEO of HT Media, will take over as CEO-Designate on 1 March  2025, succeeding Hina Nagarajan, who moves to a global executive role at Diageo globally.

Hina, who led Diageo India through a period of remarkable growth, credited with doubling its market capitalisation to over Rs 1 trillion, will step down on 1 April 2025. Under her tenure, Diageo India expanded its portfolio and bolstered its market share across categories.

Diageo chief executive Debra Crew said: “Under Hina’s leadership, Diageo India has combined strong top-line growth and margin expansion with impactful strategic initiatives, reshaping and premiumising our portfolio and positioning Diageo India as an innovative leader in the AlcoBev industry. As she moves on to a new role within Diageo, she leaves a significant track record of success and a highly engaged, talented and diverse team. Praveen joins us with an outstanding track record of leading consumer businesses, with a passion for both strategy and executional excellence that will serve us well as we plan for the next phase of Diageo India’s exciting growth story.”.

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Praveen, bringing decades of leadership experience from HT Media and PepsiCo, expressed enthusiasm for steering Diageo India into its next growth phase. 

USL chairman Mahendra Kumar Sharma lauded Hina’s legacy while welcoming Praveen’s strategic acumen.

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Ola Electric announces Champion Mahotsav with Rs 10,000 benefits

Three-day offer across scooters and motorcycles celebrates India’s T20 World Cup win

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BENGALURU: Ola Electric has announced #ChampionMahotsav, a three-day nationwide celebration offering benefits worth Rs 10,000 across its vehicle portfolio, following India’s historic third ICC Men’s T20 World Cup victory.

During the limited-period celebration, customers can avail benefits worth Rs 10,000 on any Ola scooter or Roadster motorcycle, extending the festive mood among fans after the national triumph.

An Ola Electric spokesperson said the initiative builds on the strong response received during the company’s earlier Match Mahotsav campaign held during the tournament final.

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“Our Match Mahotsav during the T20 World Cup Final received an incredible response from fans across the country. To celebrate India’s historic third T20 World Cup victory, we are extending the celebrations for three more days with #ChampionMahotsav, offering benefits worth Rs 10,000 on any Ola vehicle,” the spokesperson said.

Ola Electric currently offers a broad portfolio of Gen 3 S1 scooters and Roadster X motorcycles.

The premium Gen 3 S1 range includes the Ola S1 Pro+ in 5.2kWh and 4kWh configurations, and the Ola S1 Pro in 4kWh and 3kWh options, priced at Rs 1,85,338, Rs 1,65,338, Rs 1,39,999 and Rs 1,19,999 respectively.

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In the mass segment, the company offers the Ola S1 X+ with a 4kWh battery, along with the Ola S1 X in 2kWh, 3kWh and 4kWh configurations, priced at Rs 1,14,999, Rs 77,999, Rs 93,999 and Rs 1,09,999 respectively.

Ola’s motorcycle line-up includes the Ola Roadster X+ in 4.5kWh and 9.1kWh configurations priced at Rs 1,04,999 and Rs 1,84,999. The Ola Roadster X is available in 2.5kWh, 3.5kWh and 4.5kWh options, priced at Rs 74,999, Rs 87,999 and Rs 94,999 respectively.

With #ChampionMahotsav, the company aims to ride the celebratory wave across the country while encouraging more consumers to switch to electric mobility.

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