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This is an archive article published on September 17, 2011

Briefly Business

Dinesh K Sarraf has taken over as the CEO and MD of ONGC Videsh Ltd,the overseas investment arm of ONGC.

Sarraf takes over CEO & MD of ONGC Videsh

New Delhi: Dinesh K Sarraf has taken over as the CEO and MD of ONGC Videsh Ltd,the overseas investment arm of ONGC. Sarraf,54,was Director (Finance),ONGC before being selected to head the company tasked with acquisition of oil and gas properties overseas.

RIM Q2 net income drops 59% to $329mn

Waterloo/New Delhi: Research In Motion (RIM),the maker of BlackBerry smartphones,has reported a nearly 59% decline in net income to $329 million for the three-month period ended August 27. RIM had posted a net income of $797 million for the June 28-August 27 period last year.

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