Smartphone head quits Micromax

Domestic mobile maker Micromax has been hit by another high-level resignation, with Ajay Sharma, head of the smartphone division, having put in his papers. According to people with direct knowledge of the matter, Mr. Sharma, who was the head of HTC India before joining Micromax, resigned a few weeks ago. Mr. Sharma confirmed his exit to The Hindu and said that he was “considering his options now”.

Last October, Micromax CEO Deepak Mehrotra quit the company, and joined media group Pearson. In 2012, the company’s promoter-founders had put together a professional management, comprising Mr. Mehrotra, Mr. Sharma and Sony Ericcson’s Khaja Muzaffarullah to boost its revenue.