Hero MotoCorp, a global manufacturer of motorcycles and scooters, has appointed Rajnish Kumar – former chairman of State Bank of India (SBI) – as an Independent non-executive Director on the Board of the Company. Kumar completed his three-year term as chairman of SBI in October 2020. He is credited with steering the bank successfully through…
Tag: Rajnish Kumar
Rajnish Kumar joins BharatPe Board as Chairman
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•Fintech startup BharatPe announced the appointment of Rajnish Kumar on its Board. Rajnish Kumar, one of the most respectable names in the banking industry in India and erstwhile Chairman of SBI, will also be the Chairman of Board, the company said in its statement. Rajnish will be involved in defining the Company’s short-term and long-term strategy, and…
Ex-SBI chairman Rajnish Kumar appointed to the Board of LTI
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•Larsen & Toubro Infotech announced the appointment of Rajnish Kumar as an Independent Director of the Company for a term of five years, effective August 26, 2021. According to the Company’s release, “The Board of Directors of the Company have approved appointment of Mr. Rajnish Kumar (DIN: 05328267) as an Additional Director in the capacity…
Gurugram-based ixigo appoints Amrish Kumar as VP – Technology
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•Travel app ixigo (Le Travenues Technology Private Limited) has appointed Amrish Kumar as Vice President – Technology. Amrish Kumar has worked in large and entrepreneurial setups across the US and brings in considerable experience in AI,machine learning & data science, the company said. Amrish holds a bachelors of technology degree in mechanical engineering from Indian Institute of Technology,…
Former SBI chairman Rajnish Kumar joins Kotak Investment Advisors Ltd
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•Former chairman of State Bank of India (SBI), Rajnish Kumar, has joined Kotak Investment Advisors Limited (KIAL) as an exclusive adviser for its special situations fund, according to a release. Set up in early 2005, KIAL is a wholly owned subsidiary of Kotak Mahindra Bank Limited (Group) that focuses on the Alternate Assets business of…
Travel portal Ixigo buys Bengaluru-based Confirmtkt
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•Ixigo has acquired train booking firm Comfirmtkt for an undisclosed amount in a cash-plus-stock deal. As part of the deal, Ixigo founders Aloke Bajpai and Rajnish Kumar will be joining the board of Confirmtkt and existing investors including Venture Catalysts will exit the company. Both companies will continue to run independently, Ixigo said in a…
Microsoft and SBI Foundation join hands to create opportunities for differently-abled youth
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•Microsoft India announced a collaboration with SBI Foundation to create opportunities for youth living with disabilities in the Banking, Financial Services and Insurance (BFSI) sector. The three-year program was launched by Jean-Philippe Courtois, Executive Vice President, Microsoft and Rajnish Kumar, Chairman, SBI in Mumbai. Through this collaboration, Microsoft and the SBI Foundation will equip youth…
Prime Minister discusses job creation and economic growth with India Inc.
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•Prime Minister Narendra Modi on Monday, met top industry leaders including Mukesh Ambani, Ratan Tata, and Gautum Adani, ahead of the Union Budget 2020-21. The Union Budget which will be presented in the parliament on February 1, 2020, will be extremely crucial in sending a positive message to revive business sentiment amidst an economic slowdown.…
SBI joins hands with Hitachi Payments to set up card acceptance, digital payment platform.
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•State Bank of India, the Indian multinational, public sector banking and financial services company announced a joint venture with payments solution provider Hitachi Payment Services India for the establishment of the latest card acceptance and future-ready digital payment platform for India. SBI will hold the majority of stake in this JV, the bank said in a release. The…