News Desk

Jindal Steel & Power appoints Sudhanshu Saraf as CEO of its Steel Business.

Jindal Steel and Power Ltd (JSPL) on Wednesday announced the appointment of Sudhanshu Saraf as Chief Executive Officer of its steel business with immediate effect. His appointment comes a day after the company announced the elevation of Naushad Akhter Ansari from his previous position as CEO (steel business) to Joint Managing Director of JSPL. “We welcome…

RBL Bank appoints Pankaj Sharma as its Chief Operations Officer.

Ratnakar Bank Limited, a scheduled commercial bank headquartered in the Mumbai region of Maharashtra, today announced the appointment of Pankaj Sharma as Chief Operations Officer. Pankaj will oversee the bank’s operations and corporate services function. He would be reporting to R. Gurumurthy, Head of Risk & Governance at the Bank. Previously, he was working with Axis…

Vivek Bhatia appointed as MD, CEO of thyssenkrupp Industries India.

One of the world’s largest steel producers ThyssenKrupp, on Monday announced the appointment of Vivek Bhatia as the Managing Director and Chief Executive Officer of ThyssenKrupp Industries India. This appointment will be effective from January 1, 2019. “I am pleased to welcome Vivek to his new role and thrilled to have his leadership at ThyssenKrupp Industries…

Foxconn to begin assembling Apple iPhones in India by 2019.

Taiwanese multinational electronics contract manufacturing company, Foxconn Technology Group will invest well over Rs 1,500 crore to have new production lines to manufacture certain iPhone models in its factory in Sriperumbudur near Chennai, according to an ET post. Currently, Wistron, another Taiwanese smartphone manufacturing company makes Apple phones such as the iPhone 6S and SE models in Bengaluru in…

IL&FS appoints retired IAS official Bijay Kumar as its Deputy MD.

The Debt-laden Infrastructure Leasing & Financial Services (IL&FS) on Wednesday announced the appointment of retired Indian Administrative Service official Bijay Kumar as its deputy managing director. The company has also appointed N Srinivasan as a non-executive director of the company. According to the company’s regulatory filing, the decision about their appointments took place during the board…