Thakral Corp founder's son to become firm's CEO

THAKRAL Corporation, which invests in real estate and sells IT products, said on Thursday the son of the founder has been appointed as chief executive officer. Inderbethal Singh Thakral will hold that official position from Feb 1, 2016.

Mr Bethal was appointed to the board in 1994, and was previously the managing director of the lifestyle business of the group.

Mr Bethal's father, Kartar Singh Thakral, will lead the investment division following the sudden death of Jaginder Singh Pasricha, who had managed that division.