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Kraft Heinz appoints Nayeema Kouser as global capability director

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Mumbai: Kraft Heinz India announced the appointment of Nayeema Kouser as the director of GBS Global Capabilities Centre, a pivotal role aimed at overseeing and establishing critical operations, and building global capabilities crucial for the success of GCC operations in India.

Renowned for her innovative prowess and solution-centric approach, Nayeema brings a wealth of experience spanning diverse sectors including FMCG, IT services, Banking, and Reinsurance. Her expertise includes driving sustainable growth, transforming structures and processes, and instilling a culture of financial discipline. Armed with a proven track record of effectively managing large teams across various functions and geographies, her tenure as the Head of Europe Finance Centre – GCC at AB InBev India further solidifies her leadership credentials. She has also held significant positions such as managing director of Global Accounting Controllership at State Street and Director of Operational Risk Management at Swiss Re.

Expressing her enthusiasm about the new role, Nayeema shared, “I am eager to leverage my extensive experience and collaborate with the talented teams here to propel the organization towards unprecedented growth and sustained success. This opportunity allows me to utilise my professional insight to make tangible contributions within and beyond the organization’s boundaries.”

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RPSG’s Sudhir Langer exits days before IPL 2026

Timing sharpens focus on stake sale buzz and LSG’s tightening financial playbook

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MUMBAI: RPSG ( RP-Sanjiv Goenka) Ventures has sprung a late leadership surprise just as the IPL drumroll begins. Sudhir Langer will step down as whole-time director and from the board effective March 31, days after the 2026 Indian Premier League season kicks off on March 28.

The timing is hard to ignore. RPSG Ventures owns Lucknow Super Giants, and Langer’s exit lands in a narrow pre-tournament window when operational focus is typically at its peak.

The move also coincides with chatter around a potential stake sale. According to a Moneycontrol report, the RPSG Group, led by Sanjiv Goenka, is exploring options to offload up to a 15 per cent stake in the franchise. There has been no official confirmation.

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RPSG had acquired the Lucknow franchise in November 2021 for Rs 7,090 crore, among the highest bids in IPL history. The team operates under RPSG Sports Private Limited and carries a sizeable annual franchise fee obligation of Rs 709 crore through FY31.

Financials underline both scale and strain. The franchise remains heavily reliant on central revenue distribution from the Board of Control for Cricket in India. In H1 FY26, it received Rs 399 crore as its share of franchise rights, compared with Rs 458 crore in FY25, the single largest contributor to income.

Total revenue for H1 FY26 stood at Rs 495.9 crore, with profit at Rs 63.7 crore. Yet FY25 saw a softer showing: revenue fell about 20 per cent to Rs 557 crore, weighed down by fewer matches and a lower league finish in the 2024 season. Growth has since been modest, with H1 FY26 revenue rising roughly 3 per cent year on year.

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That leaves LSG balancing on a familiar IPL tightrope: strong central inflows, volatile on-field-linked earnings and a hefty fixed fee burden.

With a leadership exit, stake-sale speculation and a new season about to begin, Goenka’s cricket bet is entering a decisive phase—where timing, performance and capital strategy will all have to click.

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