ICICI Bank appoints former IAS officer G.C. Chaturvedi as non-executive chairman

ICICI Bank, the largest private sector lender of the country, has appointed G.C. Chaturvedi as non-executive part time chairman and an independent director of the board for three years with effect from July 1. The appointment is subject to Reserve Bank of India’s approval. The present chairman M.K. Sharma’s term expires on June 30. “The Board is extremely pleased with […]

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Indra Nooyi appointed to ICC Board as first independent female director

PepsiCo Chairman and CEO Indra Nooyi has been appointed to the International Cricket Council (ICC) Board as its first independent female director. Ms. Nooyi will join the Board in June 2018 to align with the term of the ICC Independent Chairman, following the unanimous confirmation of her appointment at Friday’s meeting, an ICC release said. “I am thrilled to join […]

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HDFC Bank overtakes TCS to become second most valuable firm

HDFC Bank on Tuesday surpassed Tata Consultancy Services (TCS) to become the country’s second most valued firm in terms of market valuation. During the afternoon trade, the market capitalisation (m-cap) of HDFC Bank stood at ₹4,73,530.72 crore, which was ₹797.4 crore more than TCS’ ₹4,72,733.32 crore valuation. Shares of HDFC Bank gained 0.93 % to ₹1,840 – its 52-week high […]

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Ola partners Google to add ‘Outstation’ cabs to maps

Cab aggregator Ola has partnered Google for its ‘outstation’ category to enable commuters to find and book inter-city rides facilitated by Google maps. “Commuters travelling between cities will now be able to discover Ola Outstation, a smart mobility solution for inter- city travel on Google maps for mobile, thereby, directing customers to the Ola app to conveniently complete the booking,” […]

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