Brands
Elan Group appoints Mark Griffiths as COO, projects
GURUGRAM: Elan Group has brought in a seasoned hand to keep its growing portfolio firmly on track. The real estate major has appointed Mark Griffiths as chief operating officer, projects, adding global firepower to its project execution engine.
With 34 years of international experience under his hard hat, Griffiths has built and delivered some of the world’s most complex real estate and infrastructure projects across India, the Middle East, Asia and Australia. His career reads like a map of modern mega-builds, with senior leadership roles at Leighton Asia, Lodha Group, Laing O’Rourke, John Holland and most recently Albawani in Riyadh, where he oversaw key elements of Saudi Arabia’s ambitious Neom projects.
During his stint as country manager for India at Leighton Asia, Griffiths led projects worth more than USD 2 billion across the country, combining scale with discipline and steady growth. At Lodha Group, he played a key role in strengthening large residential portfolios by sharpening pre-contract processes, safety systems and quality benchmarks.
At Elan Group, Griffiths will take charge of end-to-end project delivery, with a focus on timelines, cost control, quality and operational efficiency across its expanding real estate and infrastructure developments.
Commenting on his appointment, Mark Griffiths said the group’s ambition stood out. “Elan Group’s reputation for innovation, scale and design-led development is impressive. I look forward to working with the leadership team to embed global best practices and deliver high-quality assets with consistency in a fast-changing market.”
A graduate in Construction Management from the University of Canberra, Griffiths is known for blending hands-on technical expertise with calm, strategic leadership across large, multi-stakeholder projects.
With this appointment, Elan Group signals its intent clearly. Growth will be matched with governance, and ambition with execution, brick by brick, project by project.
Brands
Pernod Ricard, Chivas Regal parent, in talks for possible India IPO: Bloomberg
Deliberations in early stage, with no decision taken so far
PARIS: Pernod Ricard is evaluating a potential stock market listing of its Indian business, according to a Bloomberg News report citing people familiar with the matter.
The French drinks group has begun discussions with prospective advisers to assess the feasibility and merits of a separate public listing for Pernod Ricard India. The deliberations are at an early stage and no final decision has been made.
India is one of Pernod Ricard’s most important growth markets. The company is among the country’s largest alcoholic beverage players, selling premium global brands such as Chivas Regal and Absolut Vodka, and competing closely with Diageo across premium and mass-market segments.
The reported move comes as Pernod Ricard navigates heightened regulatory scrutiny in India. The group is facing antitrust proceedings and is also contesting allegations by authorities in New Delhi over potential violations of local liquor regulations. Pernod Ricard has denied any wrongdoing.
In the market, Pernod Ricard’s Paris-listed shares are up nearly 12 per cent so far this year, valuing the group at about $24.4 billion. That recovery follows a bruising 2025, when the stock lost close to a third of its value.
A separate India listing, if it materialises, could help unlock value from a fast-growing business, even as the group works through legal and regulatory challenges in one of its most strategically important markets.
