MAM
Shalimar Paints Ltd appoints C Venugopal as COO
Mumbai: Shalimar Paints Ltd, a pioneer in the Indian paints industry with a legacy of over 120 years, has announced the appointment of C Venugopal as the chief operating officer (COO). This strategic move reflects the company’s commitment to driving growth and reinforcing its dedication to innovation, customer satisfaction, and unparalleled quality.
Venugopal, a seasoned leader with 30 years of business leadership and retail experience, has a proven track record of profitability and business growth through strategic thinking, marketing excellence, and operational expertise. He has spearheaded initiatives aimed at fostering a more focused, growth-oriented, and sustainable business model. Aligned with Shalimar 2.0’s vision of transforming into a new-age, tech-driven organization, Venugopal is poised to lead the organization’s growth strategy, setting new industry benchmarks.
“We are delighted to welcome Mr Venugopal, a dynamic, values-driven business leader with a diverse experience, as the COO of Shalimar Paints. With his depth of expertise in strategic capabilities, operational effectiveness, and a strong track record in both developed and developing markets, we are confident that he will deliver excellence and innovation at scale for the benefit of all stakeholders,” said Infra.Market co-founder and Shalimar Paints Ltd’s director on the board Aaditya Sharda.
Before joining Shalimar Paints Ltd, Venugopal held pivotal roles at Morton Foods Ltd, Umang Diaries Ltd, Nippon Paints India, and Kansai Nerolac Paints, leaving a lasting impact. He has also made noteworthy contributions at companies including Godrej Sara Lee, Reckitt Benckiser, CavinKare, Cussons India Pvt Ltd and Pepsi Foods Ltd. Renowned for his innovative drive, vision, and ability to drive transformative change, he is widely regarded as a persistent innovator and team motivator.
Shalimar Paints Ltd COO C Venugopal said, “I am thrilled to take on the leadership position at Shalimar Paints, a company with a rich legacy that continues to meet the needs of today’s rapidly evolving consumers. My focus will remain on enhancing business performance and foster growth through technology-driven services and innovations. Together with the talented team, I am eager to navigate the progressing landscape and propel the company to new heights of success.”
In its unwavering legacy of excellence, Shalimar Paints provides a broad range of paints and coatings, pioneering innovation and setting new industry benchmarks to meet diverse customer preferences and requirements. The company plans to take its product offerings beyond national standards and manufacture international-level products within the country with modernized and automated facilities as the key pillars.
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.
