Spicejet CEO Sanjay Aggarwal resigns ;-
Sanjay Aggarwal, CEO of SpiceJet has resigned barely three weeks after the acquisition of the company by Kalanithi Maran, the owner of Sun TV, according to a report. The report stated that SpiceJet has appointed Kishore Gupta, a director since 2000, as acting CEO. Sanjay Aggarwal was appointed CEO of SpiceJet in October 2008, after Siddhanth Sharma resigned that July, says report
AP high court grants bail to Former Satyam MD Rama Raju ;-

The Andhra Pradesh High Court on Tuesday granted bail to former Satyam managing director Rama Raju, former chief financial officer Vadlamani Srinivas and three others accused in the multi-crore rupee accounting scam. Justice Raja Elango of the AP high court granted bails to Rama Raju, brother of Satyam founder Ramalinga Raju, Srinivas and three others former Satyam employees G Ramakrishna, Venkatapathi Raju and Ch Srisailam. With this, all Satyam accused except B Ramalinga Raju have got bails from various courts on different occasions
IT biggies on hiring spree, one lac people to join workforce ;-

Switching over to robust recruitment mode after a dormant 2009, Indian IT players will hire nearly one lakh people in the coming months amid improving global economic conditions. Coming after a forgettable year of hiring freeze, layoffs and salary cuts, the recruitment drive in the IT space is led by biggies such as Tata Consultancy Services and Infosys. An analysis of the hiring plans announced by various Indian IT companies shows that headcount in the industry is expected to go up by more than 98,000
Howard Bryant resigns from Reliance Retail ;-

Howard Bryant, chief merchandising officer of Reliance Retail’s value format, has left the company citing personal reasons. He was a key member of a leadership team that the company hired from Tesco Thailand end of 2009. The new leadership team, led by CEO Gwyn Sundhagul, has been revamping operations at India’s second-largest retailer since January.