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Micromax CEO Vineet Taneja Quits

Micromax CEO Vineet Taneja has quit the company to pursue other interests.

Vineet Taneja had earlier worked with Samsung India and at Bharti Airtel before joining Micromax in July 2014.

The Gurgaon based company is the largest domestic phone maker in the country is and has maintained position No 2 in the market. It has also now become the third largest handset player in Russia.

Earlier, many senior level executives had quit the company. It is said that Vineet Taneja had clashes with the promoters namely Rahul Sharma, Rajesh Agarwal, Vikas Jai and Sumeet Kumar and could not implement his ideas.

[source]

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