The board of IL&FS Engineering and Construction Company Ltd. appointed Kazim Raza Khan as its chief executive officer.
Mr. Khan was appointed as the manager and key managerial personnel of the company on December 24, 2018.
Jasbir Scripts UK Council History
Jasbir Jaspal, who was elected from Heath Town in Wolverhampton in the May local elections, has been appointed to the council's cabinet by the new leader, Labour's Ian Brookfield, making her the first Sikh woman to hold the post.
Jasbir, who has been a councillor in the City of Wolverhampton Council since 2012, is responsible for policy areas that include resilience and business continuity, community safety, healthy ageing and healthy life expectancy.
May 16, 2019
Maharashtra ATS Gets New Chief
The Maharashtra government appointed senior IPS officer Deven Bharti as the chief of the Anti Terrorism Squad (ATS) of the state. Bharti, a 1994 batch officer, was currently posted as the Joint Commissioner of Police (JCP) Economic Offences Wing (EOW) of the Mumbai Police.
Current ATS chief Atulchandra Kulkarni was transferred as the ADG of Crime Investigation Department (CID), Pune.
Officers Named for Tri-service Divisions
The three triservice agencies to handle the critical modern warfare domains of special operations, cyberspace and space are taking shape, with two star officers being appointed to head them.
Maj Gen A K Dhingra, from the 1 Para-Special Forces unit, will be the first commander of the Special Operations Division, while Rear Admiral Mohit Gupta will head the new Defence Cyber Agency.
Air Vice Marshal S P Dharkar will head the Defence Space Agency, though his name has not been officially announced yet.
These three agencies, which will become fully operational by October-November, are truncated versions of the original proposal to have full-fledged commands under three-star officers to handle challenges in space, cyberspace and clandestine warfare.
Nepali Sherpa Kami Rita Breaks Own Record
Kami Rita, a Nepalese Sherpa, smashed his own world record when he scaled Mount Everest for a whopping 23rd time.
The 49-year-old Kami Rita had climbed the Everest for the 22nd time last year, breaking the then record of 21 Everest ascents set by Sherpas Apa and Phurba Tashi in 2017. Since then, Apa and Phurba have retired.
The 2019 Everest climbing season began with eight high-altitude Nepalese climbing experts eyeing the highest peak in the world. Kami Rita has already scaled most of the peaks that are above the 8,000-metre altitude level, including K2, Cho Oyu, Lhotse and Annapurna.
Kami Rita has been climbing the Everest since 1994. He missed out in 1995 when his client fell sick on the way to the summit following a deadly avalanche.
May 15, 2019
Yes Bank Gets Additional Director
The Reserve Bank of India appointed its former Deputy Governor R. Gandhi as an additional director on the board of Yes Bank with immediate effect.
The appointment is for two years, that is till May 13, 2021.
Yes Bank had posted its first-ever quarterly loss of Rs. 1,507 crore in the March quarter under its new MD & CEO Ravneet Gill.
Mr. Gill took charge on March 1 after Rana Kapoor's term was not extended by the RBI for three years, as approved by the board.
Mayor of Durban Arrested
The Mayor of South Africa's third largest city, Durban, was arrested and charged with corruption, the latest in scandals plaguing the ruling ANC .
Zandile Gumede who has led Durban for the past three years, faces charges of embezzling public funds and money laundering.
Vinay Dube Resigns
Grounded carrier Jet Airways Chief Executive Officer Vinay Dube resigned from the post, a day after its deputy chief executive and chief financial officer Amit Agarwal quit the company.
An Indian-American, Dube had joined Jet Airways in August 2017 after serving various roles at Delta Airlines, Sabre Inc and American Airlines in the US, Europe and Asia.
Dube had stepped in the position after almost 15 months of the departure of then chief executive Crammer Ball.
May 14, 2019
Amit Agarwal Resigns
Debt-ridden Jet Airways announced that its CFO and deputy CEO Amit Agarwal has resigned from the company citing personal reasons, with effect from 13 May 2019.
Jet Airways is running into a debt of more than Rs 8,500 crore and the airlines has shut down operations temporarily after lenders decided not to extend emergency funds for its survival.
Sanjiv Puri Gets Elevation
Diversified ITC Group announced the elevation of its MD Sanjiv Puri as the Chairman and Managing Director of the company.
Puri's elevation comes after noted industry leader and erstwhile ITC Chairman Y. C. Deveshwar passed away.
Deveshwar had stepped down from executive role in 2017 but remained as a chairman in non-executive capacity.
The Board of Directors of the company at the meeting appointed Sanjiv Puri, Managing Director, also as the Chairman of the Company with effect from May 13, 2019.
May 13, 2019
Hinduja Brothers Regain Top Spot
Srichand and Gopichand Hinduja have returned as the United Kingdom's wealthiest in the 2019 Sunday Times Rich List, with steel magnate Lakshmi Mittal and family and mining major Anil Agarwal making it to the top 20 richest.
The Hinduja brothers replace British businessman Jim Ratcliffe on the top spot with a wealth of £22 billion, up £1.35 billion on 2018 list.
The Mumbai born property developers, David and Simon Reuben, took the second spot with £18.6 billion.