HAL is major beneficiary of latest Indian procurement approvals
India has approved millions of dollars in new military purchases, most of which will go to public sector companies.
New CFO for GOL
Brazilian low-fare airline, GOL Linhas Aéreas Inteligentes, has named Leonardo Pereira as its new executive vice-president and chief financial officer. Pereira will assume the senior executive position occupied by Richard Lark until June 2008 and will be responsible for the finance, investor relations, accounting and taxes, financial planning and corporate budget departments.
Prior to joining GOL, Pereira served two years as the director president of Companhia do Vale do Araguaia, a Brazilian commercial foresting company, and six years as the director-executive finance and investor relations of NET Serviços, a leading cable provider in Latin America. He also worked at Globopar, a media industry holding company, and in a number of roles at Citibank Corporate Finance Bank in Brazil, Asia, Latin America and the United States.
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