Indrani Mukerjea, prime accused in the murder of her firstborn child Sheena Bora, briefly fainted in court on Sunday while younger daughter Vidhie wept as the magistrate allowed them to meet on the court premises.

    Besides allowing the emotional meeting, the court extended till September 5 the police custody of INX media co-founder Indrani and her two accomplices — Kolkata-based former husband Sanjeev Khanna and driver Shyam Rai — who were arrested this August for the gruesome murder of Sheena three years ago.

    Police pressed against Indrani the additional charge of attempting to kill Sheena’s sibling, Guwahati-based Mikhail Bora, following his allegation that their mother gave him a spiked drink on the day of the murder.

    Indrani, the wife of former media baron Peter Mukerjea, briefly fainted in the Bandra courtroom as the public prosecutor argued that their custody be further extended.

    The public prosecutor said investigators suspect the involvement of some others outside Maharashtra in the 2012 murder and so more interrogation of the accused trio was required.

    Read: Attempt to kill Mikhail added to charges in Sheena murder case

    Police still chased the motive behind Sheena’s murder and were trying to ascertain where the accused dumped the 24-year-old victim’s clothes, mobile phone and other belongings after the killing.

    Khanna’s lawyer argued that police were only awaiting the reports of the forensic tests and there was no need to extend his police custody. He could be sent to judicial custody instead.

    Indrani’s lawyers that alleged police were using pressure tactics such as manhandling her in custody to force a confession from her.

    Her lawyers wondered if there was anything more to ask since she had been interrogated for around 90 hours following her arrest on August 25. But investigators have contended that she and the other two accused have clammed up and not cooperating with the investigation.

    Indrani is accused of strangling Sheena in a car with the help of Khanna and the driver. Her body was later set on fire and buried in a forest in Raigad district on April 24, 2012.

    Police have found some of the skeletal remains after the driver, who was arrested on August 21 for keeping an unlicenced firearm, took officers to the secret burial site.

    (With inputs from agencies)

    Read: Cops take accused to Raigad to recreate crime scene

    Sheena murder probe to focus on passport, call records, money trail

    Full coverage: Sheena Bora murder mystery

Roshni Nadar to take over the reins at HCL

The information technology industry is seeing the rise of a heiress to the top.

Roshni Nadar Malhotra will take over the reins of HCL Corporation that controls two of  India's leading IT companies as chairman, her father and  current chairman Shiv Nadar told HT. He did not mention any date for his  31-year-old daughter taking charge. In all likelihood, the MBA graduate who has worked as a media producer would step into her father’s shoes only after Nadar, 67, retires.

HCL Corporation is the holding company of HCL Technologies and HCL Infosystems, the two publicly listed firms of the group that also has other entities. Roshni is already CEO and executive director in the holding company.

Both HCL Tech and HCL Infosystems continue to be professionally run by their respective CEOs and boards of directors. While HCL Tech is India’s fourth-largest software services firm, HCL Infosystems is primarily a hardware company that manufactures personal computers and tablets.

HCL Tech’s current market capitalisation  is around Rs. 48,000 crore while HCL Infosystems is valued at at around Rs. 830 crore. http://www.hindustantimes.com/Images/Popup/2013/1/31_01_13-buss23.jpg

“She (Roshni) will succeed me as the chairman (at HCL Corporation). This is all well set,” said Shiv Nadar. He added that Roshni devotes 80% of her time for Shiv Nadar Foundation’s work in the education sector and in the remaining time  does “treasury work for HCL.”

The company’s succession plan is slightly different from two other IT companies, which, even while being family-controlled in ownership are staying away from hands-on leadership at the top.

While Azim Premji, chairman of India’s third-largest software services firm, Wipro has said that his son Rishad Premji will not become the company’s CEO, Tata Consultancy Services, the industry leader, follows the Tata-family style, in which the CEO is a professional manager. HCL is somewhat similar but the holding company has a CEO’s post.

Infosys, the industry’s second largest player, was founded by a bunch of friends, none of whose offspring is involved in the company.

Roshni is currently involved with building strategies for the HCL brand. She is responsible for strategic decisions regarding the overall direction of the corporation.

Shiv Nadar is the founder of both HCL Tech and HCL Infosystems. Nadar and other promoter groups together hold around 62% stake in HCL Tech and close to 51% stake in HCL Infosystems.

 

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