The Indian government has taken the control of the debt-ridden Infrastructure Leasing & Financial Services (IL&FS). As a start, the government filed an application with the National Company Law Tribunal (NCLT) to dismiss the current board of IL&FS. The government thought it would be detrimental to run the firm with its current directors. The petition filed was […]
Tag: kotak mahindra
Kotak Mahindra Group announced senior leadership changes, effective July 1, 2012. Mr. TV Raghunath would take over as the Managing Director & Chief Executive Officer (MD & CEO) of the company (subject to regulatory approval). He will report to Ms. Shanti Ekambaram, Director, Kotak Mahindra Capital Company Ltd (KMCC) and Group President, Corproate & Investment […]