New Delhi (PTI): Eternal on Wednesday said Deepinder Goyal will step down as Group CEO and Managing Director with Blinkit CEO Albinder Dhindsa set to succeed him as Group CEO from February 1.
In a letter to shareholders, Goyal said he is stepping down from his current position to pursue new ideas and transition to the role of Vice Chairman.
Eternal informed exchanges that the appointment of Goyal as Vice Chairman & Director on the board will be effective upon shareholders' approval for a five-year term.
In the letter, Goyal explained the reason behind him stepping down as the Group CEO and MD.
"Of late, I have found myself drawn to a set of new ideas that involve significantly higher-risk exploration and experimentation. These are the kinds of ideas that are better pursued outside a public company like Eternal. If these ideas belonged inside Eternal's strategic scope, I would have pursued them within the company. They do not. Eternal deserves to remain focused, and disciplined, while exploring new areas of growth that are relevant to its current line of business," Goyal stated.
He further said the transition allows Eternal to remain sharply focused, while giving him the space to explore ideas that do not fit Eternal's risk profile.
"The centre of gravity for operating decisions moves to Albi. As Group CEO, he will own day-to-day execution, operating priorities, and business decisions. Blinkit's journey from acquisition to break-even happened under his leadership," Goyal said.
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Guwahati, Mar 10 (PTI): The Assam government on Tuesday decided to rename Fakhruddin Ali Ahmed Medical College and Hospital as Barpeta Medical College and Hospital.
Addressing a press conference after a meeting of the state cabinet, which approved the decision, Chief Minister Himanta Biswa Sarma said most government medical colleges in the state are named after the places where they are located.
"All our medical colleges are named after their locations. We see that in the medical colleges in Guwahati, Dhubri, Silchar, Bongaigaon, Biswanath and Sonitpur. Somehow, the Barpeta one was named as Fakhruddin Ali Ahmed Medical College and Hospital, which does not align with the naming pattern of other medical colleges," he said.
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Sarma said the cabinet decided to rename the institution to avoid confusion.
"Because of its name, many people ask whether it is a private medical college. That is why the cabinet today decided to change the name and make it Barpeta Medical College and Hospital," he said.
Sarma said the government would name another institution after former President Fakhruddin Ali Ahmed in recognition of his stature.
"As Fakhruddin Ali Ahmed was India's president and the first one from Assam, the cabinet decided that another educational or cultural institution of the same or higher stature will be named after him. We will take a decision in this regard to keep his name alive," he added.
Established in 2011, the medical college is affiliated with Srimanta Sankardeva University of Health Sciences and has been offering undergraduate courses since 2012 and postgraduate medical education since 2019.
