Tag: Managing Director

Bhubaneswar: Ashok Kumar Pradhan, who became the first person from Odisha to take charge as Managing Director of United Bank of India, visited the Bhubaneswar Regional office of the bank and held discussions with branch managers today. Pradhan also spoke to customers on various aspects of banking. During his visit Pradhan informed that the bank […]

New Delhi: Sandeep Bakhshi, the former head of ICICI’s life insurance arm, was appointed as Managing Director and CEO of ICICI Bank after Chanda Kochhar, who was mired in allegations of quid pro quo and conflict of interest, on Thursday resigned as from the top post of the bank. Kochhar, 57, whose second five-year term […]

Bhubaneswar: Jagi Mangat Panda, Managing Director of Ortel Communications Ltd has been appointed as the new chairperson of Confederation of Indian Industry (CII), Eastern Region. Panda will become the first woman to hold the top post in the industry body’s eastern zone after her name was announced at the CII Eastern Regional Council meeting in […]

Paradip: “The training centre aims to provide technical and practical training to farmers of Odisha and farmer organizations on crop production, the use of agricultural inputs and implements, and the use of new technology,’’ said Udaya Shankar Awasti, Indian Farmers Fertiliser Cooperative Limited (IFFCO) Managing Director while dedicating a training centre to the farmers of […]

Cuttack: The Vigilance sleuths today seized cash worth Rs 2,14,750 from the official vehicle of IAS officer and Managing Director of Odisha Small Industries Corporation (OSIC) Partha Sarathi Mishra. The anti-corruption officials later conducted simultaneous raid on the government quarters of Mishra, his office in Cuttack and his residence. Talking to media persons, Mishra said […]

Bhubaneswar: In a sudden move, the Odisha government today effected a reshuffle in senior IAS cadre and appointed Pramod Kumar Meherda as Principal Secretary, Health and Family Welfare in place of Arti Ahuja. According to a General Administration notification, Ahuja has been posted as Principal Secretary, Tourism and Culture. Besides, the state government posted Gagan […]

Bhubaneswar: The Special Vigilance Court today sentenced Himanshu Sekhar Samantray, a retired IAS officer and former managing director of Odisha Lift Irrigation Corporation (OLIC), to a three-year jail term and a fine of Rs 20 lakh on the charge of amassing properties disproportionate to his known sources of income. Samantray will have to undergo an […]

Mumbai: IT company Infosys has appointed Salil S. Parekh as its Chief Executive Officer and Managing Director with effect from January 2, 2018 for a five-year term, a regulatory filing by the company informed here on Saturday. “We are delighted to have Salil joining as the CEO and MD of Infosys. He has nearly three […]

Berhampur: Managing director (MD) of Datum chit fund company, Brajamohan Patnaik faced the wrath of depositors on court premises in Berhampur during his deposition today. As per reports, Patnaik, who was lodged in jail allegedly for chit fund scam, was produced before the Odisha Protection of Interests of Depositors’ court (OPID court) by police today. […]

Mumbai: The MD of HDFC Bank, Aditya Puri has sold over 74.2 lakh shares, 95 per cent of his stake in the bank for around Rs 842.87 crore during the week gone by. Prior to the transaction, Puri held 0.14 per cent stake — 77.96 lakh shares — and post the sale he holds 0.01 […]