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Time of India
2 days ago
- Business
- Time of India
Tata Power-DDL appoints Dwijadas Basak as CEO effective June 9
New Delhi: Tata Power Delhi Distribution Limited ( Tata Power-DDL ), which supplies electricity to around 9 million people in North Delhi, on Monday announced the appointment of Dwijadas Basak as the company's new Chief Executive Officer with effect from June 9, 2025. Prior to this, Basak was serving as the Chief Executive Officer of TP Northern Odisha Distribution Limited (TPNODL) and Chief of the Odisha Distribution Business. He has also served as the Chief Operating Officer at TP Central Odisha Distribution Ltd (TPCODL). Prior to this, Basak was serving as the Chief Executive Officer of TP Northern Odisha Distribution Limited (TPNODL) and Chief of the Odisha Distribution Business. He has also served as the Chief Operating Officer at TP Central Odisha Distribution Ltd (TPCODL). Dr Praveer Sinha, CEO & MD of Tata Power Company Limited, said, 'I welcome Dwijadas Basak as the new CEO of Tata Power-DDL. He brings with him deep domain expertise and a stellar track record in the power distribution sector. I am confident he will lead Tata Power-DDL into its next phase of transformative growth—driving innovation, boosting operational excellence, and elevating customer centricity to new heights.' Basak has over three decades of experience in power distribution management. He previously served at Tata Power-DDL as Chief of Customer Experience, Commercial, Government Affairs, Communication, and Social Impact Group. From 1991 to 2002, he worked in the power distribution sector in India and Brazil. He joined the Tata Power Group in 2003 and has been associated with several transformation initiatives in the power distribution segment. On his new role, Basak said, 'I am honoured to take on the role of CEO at Tata Power-DDL, an organisation that stands as a benchmark in the power distribution domain. Being a proud recipient of the prestigious Deming Prize, the Company reflects excellence in quality management. I look forward to building on its strong foundation and leading the company into its next phase of growth with the support of our highly talented and committed team. I am confident we will continue to deliver industry-best services to approx. 2 million customers and set new performance benchmarks in the sector.' Basak has completed the Advanced Management Program (SLDP) in 2022–2023 from IIM Ahmedabad and holds alumni status of the institute. He has also pursued an Advanced Leadership Course from IIM Bangalore and completed a General Management Certification Program conducted by the Stephen M. Ross School of Business, University of Michigan, and Tata Management Training Centre (TMTC). Tata Power-DDL is a joint venture between Tata Power and the Government of NCT of Delhi.


Fashion Value Chain
02-06-2025
- Automotive
- Fashion Value Chain
TVS Motor Company's May 2025 Sales Registers 17% Growth
TVS Motor Company registered a sales growth of 17% increasing from 369,914 units in May 2024 to 431,275 units in May 2025. Two-Wheeler Total two-wheelers registered a growth of 16% with sales increasing from 359,590 units in May 2024 to 416,166 units in May 2025. Domestic two-wheeler registered growth of 14% with sales increasing from 271,140 units in May 2024 to 309,287 units in May 2025. Motorcycle registered sales growth of 22% with sales increasing from 173,627 units in May 2024 to 211,505 units in May 2025. Scooter sales registered a growth of 15% with sales increasing from 145,305 units in May 2024 to 166,749 units in May 2025. Electric Vehicle Electric vehicles grew by 50% with sales increasing from 18,674 units in May 2024 to 27,976 units in May 2025. While EV sales continue to grow steadily, disruptions in the EV supply chain, particularly concerning magnet availability is expected to pose challenges in the short to medium term. International Business The Companys total exports grew by 22% with sales increasing from 96,966 units in May 2024 to 118,437 units in May 2025. Two-wheeler exports grew by 21% with sales increasing from 88,450 units in May 2024 to 106,879 units in May 2025. Three-Wheeler Three-wheeler of the Company registered a growth of 46% with sales increasing from 10,324 units in May 2024 to 15,109 units in May 2025. Three-wheeler EV registered sales of 1,829 units in May 2025. About TVS Motor Company TVS Motor Company (BSE:532343 and NSE: TVSMOTOR) is a reputed two and three-wheeler manufacturer globally, championing progress through sustainable mobility with four state-of-the-art manufacturing facilities located in India and Indonesia. Rooted in our 100-year legacy of trust, value, and passion for customers, it takes pride in making internationally accepted products of the highest quality through innovative and sustainable processes. TVS Motor is the only two-wheeler company to have won the prestigious Deming Prize. Our products have led in their respective categories in the IQS & APEAL surveys and Customer Service Satisfaction Survey. Our group company Norton Motorcycles, based in the United Kingdom, is one of the most emotive motorcycle brands in the world. Our subsidiaries in the personal e-mobility space, Swiss E-Mobility Group (SEMG) and EGO Movement have a leading position in the e-bike market in Switzerland. TVS Motor Company endeavours to deliver the most superior customer experience across 80 countries in which we operate. For more information, please visit