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Shoppers Stop checks out a new CFO as Pankaj Chaturvedi steps in
Retailer names Saregama finance chief to take charge from April 2026.
MUMBAI: In a classic case of numbers meeting new narratives, Shoppers Stop has pressed refresh on its finance leadership, appointing Pankaj Chaturvedi as chief financial officer with effect from April 1, 2026.
Chaturvedi will take over from Karunakaran Mohanasundaram, who has held the CFO role since 2018 and is stepping down to explore opportunities outside the company, the retailer said in a statement.
Currently the CFO at Saregama India Ltd, Chaturvedi brings with him a blend of consumer, media and telecom experience. Over the years, he has held senior finance roles at Vodafone and Reliance Jio, giving him a ringside view of large-scale operations, digital transitions and fast-evolving consumer businesses.
At Shoppers Stop, the appointment comes at a time when organised retail is navigating cautious spending, rising costs and sharper competition, making financial stewardship a central part of the growth story. Chaturvedi is expected to oversee the company’s finance strategy as it balances expansion ambitions with tighter margins and changing shopper behaviour.
Mohanasundaram’s departure marks the end of a steady seven-year tenure during which he guided the department store chain through pre-pandemic growth, Covid-led disruption and the gradual recovery that followed.
With a new CFO lined up well ahead of the handover, Shoppers Stop appears keen to ensure continuity at the till, even as it prepares for the next phase of its retail journey.
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Navi releases new ‘Hurrypur’ film focused on speed and simplicity
Auto breakdown turns F1-style pit stop in campaign film set to Baalti’s track
MUMBAI: When life’s in the fast lane, Navi wants even your breakdowns to be over in a blink. Navi has rolled out a new film under its ongoing ‘Hurrypur’ campaign, doubling down on its core pitch speed and simplicity in everyday transactions.
The film opens on a familiar hiccup, an autorickshaw breaking down mid-ride. But what follows is anything but ordinary. The repair unfolds like a Formula 1 pit stop swift, precise, almost cinematic. Within seconds, the tyre is replaced, the vehicle is back on the road, and even the fare negotiation wraps up in record time.
Set to US-based musical act Baalti’s track “123”, the film uses rhythm and pacing to mirror its central idea, in a world that moves fast, everything around it must keep up.
The narrative builds on Hurrypur, a fictional world where time is treated as currency and delay is almost obsolete. Through exaggerated yet relatable scenarios, the campaign reflects a broader behavioural shift consumers increasingly expect instant responses, whether from people, platforms or payments.
Navi Limited MD and CEO Rajiv Naresh said the Hurrypur universe is designed to highlight the company’s focus on delivering seamless, time-efficient experiences. Meanwhile, creative agency Sideways and director Ayappa KM leaned into humour and visual energy to push the story beyond a typical product-led narrative.
Instead of listing features, the campaign sticks to storytelling turning a routine inconvenience into a high-speed spectacle.
Because in Navi’s world, even a pit stop refuses to slow things down.
