Honasa Consumer said Chief Business Officer Yatish Bhargava has resigned and will exit the senior management team on May 15, 2026. Bhargava cited personal circumstances that need immediate attention. The company did not announce a successor for the role, creating an immediate leadership gap as Honasa navigates its next phase.
Intel has appointed Alex Katouzian, formerly a Qualcomm executive, to lead its PC and “physical AI” division. Intel’s goal is to reshape its PC strategy using Katouzian’s mobile chip expertise and to blend those capabilities with the fast-emerging field of physical AI, signaling a potential pivot in how the company builds computing platforms.
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Raju Antony Pullan, head of Samsung India’s mobile phone business, has resigned after 18 years with the company. As a senior vice president, he oversaw sales, marketing and smartphone operations. Samsung has not named a replacement, even as competition intensifies and Chinese brands challenge Samsung’s position in India’s fast-moving mobile market.
Cars24 cofounder Mehul Agrawal is stepping down from his operating role after more than a decade, while continuing as a board member. The leadership shift comes shortly after cofounder Gajendra Jangid exited as CMO. The changes are unfolding as Cars24 scales its business and moves toward preparations for an IPO.
Cars24 cofounder Gajendra Jangid is taking a break from his CMO role amid fresh top-level changes at the used-car platform. The company says it is targeting an IPO within the next six to twelve months, supported by strong recent financial performance. The leadership shift is widely viewed as aligning the business for growth and a public-market debut.
Tata Elxsi has announced that CFO Gaurav Bajaj will resign on May 29, 2026, with Nalin Rana stepping in as the new Chief Financial Officer from May 30, 2026. Rana is expected to bring finance and strategy expertise from prior roles within the Tata Group and investment banking. The company says the change follows regulatory requirements.
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US officials say Navy Secretary John C Phelan has left the Trump administration immediately, with Undersecretary Hung Cao stepping in as acting Secretary of the Navy. The change was confirmed by Pentagon spokesperson Sean Parnell as Washington continues responding to escalating Iran-related tensions.
Redwood Materials has suffered leadership shakeups after a recent restructuring and layoffs, according to TechCrunch. The company’s COO, former Tesla executive Chris Lister, is retiring, and at least three other VPs have also left. The departures point to a broader reset in how the recycling and battery materials firm is organizing its leadership and operations.
Kiwi cofounder Mohit Bedi has stepped down from his executive role after four years, saying he will shift attention to “personal and family” commitments. In the same LinkedIn post, Bedi clarified he will remain closely connected to the company as an advisor and long term shareholder, keeping influence without running day to day operations.
Alkem Labs, an Indian drug maker, is preparing for a top management shift. CEO Vikas Gupta, who has led the company for nearly three years, is expected to leave in the coming months. Gupta previously worked at Cipla before joining Alkem and brings deep experience in India’s pharmaceutical market. The company has not detailed a successor yet.
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Tata Electronics has confirmed the resignation of its head of construction, shortly after ET reported KC Ang’s departure as president and head of Tata Semiconductor Manufacturing (TSM). Sources also indicate the company has hired a new executive for the construction role, adding to a string of leadership changes across its semiconductor manufacturing setup.
Satyam Trivedi has stepped down as CEO of Mumbai GMR Sports, prompting the company to search for a replacement. Trivedi previously led roles at RPSG Sports and Adani Sportsline. GMR Sports oversees multiple franchises including Delhi Capitals, Dubai Capitals, and Seattle Orcas, and holds commercial rights for the Rugby Premier League. The departure reason remains unconfirmed.
Coforge has announced the immediate resignation of Executive Vice President Anup Kumar, who led M&A, and Manish Hemrajani, Head of Investor Relations. Kumar said he wants to pursue entrepreneurial ventures. During his time, Coforge completed five acquisitions and integrated Cigniti. The company is now managing leadership transitions as it charts its next strategy.
US Navy Secretary John Phelan has suddenly left his post, with Undersecretary Hung Cao stepping in as acting leader. The change adds to a broader wave of Pentagon reshuffles under Defense Secretary Pete Hegseth. Phelan’s departure comes as US naval operations intensify across the Middle East and the Caribbean, raising questions about what’s next.
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