HR Movements: 31 Oct, 2016

1.

Kamal Karanth, MD-Kelly Services, calls it quits

Karanth plans to roll out his own venture in the talent space. 

Marking a key exit from the staffing firm, Kelly Services, that set shop in India in 2001, its managing director, Kamal Karanth has decided to leave the firm. He is currently serving his notice.

Karanth, plans to take a two-month break, post which he will roll out his own venture in the talent space. His plans to create something of his own were simmering for the past few months and that is why he decided to leave Kelly and focus on that full time.

Sharing his trigger, Karanth says, “I was brought in to turnaround Kelly in India. So, having accomplished that and also having done an international stint managing Kelly Malaysia, I feel fulfilled. That was the trigger — I felt that entrepreneurship was a good way to look at the next level in life.” Karanth shared that his new talent venture should be out and rolling by January 2017.

2.

Cyrus Mistry removed as Tata Chairman

The Board members at Tata Son today passed a decision that shifts the mantle of leadership back to Ratan Tata, albeit for an interim period.

In a surprising move, Tata Sons on Monday decided to announce a significant change in its top leadership. The Board of Tata Sons has replaced Cyrus P Mistry as Chairman of Tata Sons at a meeting held in Mumbai reported Economic Times. “Tata Sons today announced its board has replaced Cyrus P Mistry as Chairman of Tata Sons. The decision was taken at a board meeting held here today,” a Tata Sons statement said.

“The board has currently named Ratan Tata as interim chairman of the conglomerate. It has also constituted a selection committee to choose a replacement within four months reported The Hindu on the matter,” added the Tata Son’s statement. The selection committee comprises Ratan Tata, Venu Srinivasan, Amit Chandra, Ronen Sen and Lord Kumar Bhattacharyya.

Mistry, 48, was the sixth group chairman. In addition to being group chairman, Mistry is also the chairman of leading Tata group companies, including Tata Steel, Tata Motors, Jaguar Land Rover Automotive, Tata Consultancy Services, Tata Power Company, The Indian Hotels Company, Tata Global Beverages, Tata Chemicals, Tata Industries and Tata Teleservices.

3.

Arnab Goswami resigns as editor-in-chief of Times Now

Leading journalist and the editor-in-chief, Arnab Goswami resigns from Times Now

Though, there is no official confirmation from The Times Group yet but as per the media reports, Goswami announced his resignation at an editorial meeting last week. Also, it is anticipated that he might start his own venture soon. 

The social media websites such as Twitter were abuzz with messages and posts, soon after the news of his resignation came out. Certain social media platforms even pronounced that Goswami’s last Newshour debate will be televised at 9pm on November 1. This was one of the most trending topics on social media from last few days.

Since the launch of the news channel, Times Now in 2006, Goswami has steadfastly taken up leadership of the group.  He has been hosting several news shows, ever since, including the popular news- debate, ‘The Newshour’ and his interview-based show ‘Frankly Speaking with Arnab’, which is the most followed news show on television.