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Reckitt Benckiser CEO Laxman Narasimhan steps down abruptly Laxman Narasimhan, the CEO of Dettol disinfectant maker Reckitt Benckiser, has abruptly announced his resignation in order to take up a new job in the US, surprising investors after a relatively brief three-year stint at the top of the FTSE 100 company, media reports said. Narasimhan will step down as the CEO on September 30, despite being partway through a turnaround plan he had launched after joining in September 2019, The Guardian reported. Shares in the Slough-based company, whose b...
Reckitt Benckiser CEO Laxman Narasimhan steps down abruptly
Reckitt Benckiser CEO Laxman Narasimhan steps down abruptly
Source: Reuters
2/09/2022 9:12:17 AM
Durex maker Reckitt announces surprise CEO departure Reckitt Benckiser Chief Executive Laxman Narasimhan will step down at the end of September after three years in the role, the company said on Thursday, taking investors by surprise and sending its share price down sharply. Narasimhan will be replaced temporarily by senior independent director and former BAT boss Nicandro Durante while the board "evaluates and selects the future leadership", Reckitt said in a statement. Shares in the maker of Durex condoms and Dettol cleaning p...
Durex maker Reckitt announces surprise CEO departure
Durex maker Reckitt announces surprise CEO departure
Source: Reuters
1/09/2022 4:52:54 PM
Dettol maker Reckitt announces 'surprise' departure of CEO Reckitt Benckiser Chief Executive Laxman Narasimhan will step down at the end of September after three years in the role, the company said on Thursday, and will be replaced by insider and former BAT boss Nicandro Durante. Shares in the maker of Durex condoms and Dettol cleaning products tumbled more than 4% on the news, with JP Morgan analysts citing Narasimhan's sudden departure just when investor confidence in the group's turnaround is improving. "It was a surprise to fin...
Dettol maker Reckitt announces 'surprise' departure of CEO
Dettol maker Reckitt announces 'surprise' departure of CEO
Source: Reuters
1/09/2022 2:43:31 PM
Small cap funds are offering 28% returns in 3 yrs, highest in equity segment Small cap funds has come under the spotlight after it is offering just over 28 per cent returns in the last three years. The returns on these funds are the highest in the equity segment. These funds have a potential to generate higher returns if an investor have a patience to tolerate volatility and ready to take some extra risk. According to Value Research, a mutual fund tracking firm, small cap funds are offering 28.59% in the last three years. Twelve schemes in this category are giving ...
Small cap funds are offering 28% returns in 3 yrs, highest in equity segment
Small cap funds are offering 28% returns in 3 yrs, highest in equity segment
Source: IANS
29/07/2022 12:56:27 PM