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Justice Bansi Lal Bhat got selected as officiating chairperson of NCLAT for 3 months

NCLAT
  • On March 14, 2020, According to the Ministry of Corporate Affairs, Government of India (GoI), Justice (Retd.) Bansi Lal Bhat has been selected as the officiating Chairperson of the National Company Law Appellate Tribunal (NCLAT) for a period of 3 months with effect from March 15, 2020 or until a regular Chairperson is appointed, whichever is earlier.
  • The government has also selected Justice (Retd.) Anant Bijay Singh as a Judicial Member of  NCLAT & Ms. Shreesha Merla and Mr. Alok Srivastava as Technical Members.

Shardul Thakur appointed as brand ambassador of Tata Power

Shardul Thakur
  • Indian cricketer Shardul Thakur selected as the brand ambassador of Tata Power, the largest power generation company in India which targets to give uninterrupted power supply from its various plants located across India.
  • This is his 1st major commercial endorsement & the campaign featuring him does have a significant presence in digital, radio & outdoors.

Hirdesh Kumar appointed as new Chief Electoral Officer of J&K

Hirdesh Kumar
  • The Election Commission of India (ECI) has been selected Hirdesh Kumar as the Chief Electoral Officer (CEO) of Jammu and Kashmir Union Territory.
  • He will take the place of Shailendra Kumar with effect from the date he assumes charge.
  • He is a 1999 batch IAS officer & currently serving as Commissioner Secretary in the School Education Department of J&K.

Karan Bajwa becomes new MD of Google Cloud India

Karan Bajwa
  • Google Cloud India has selected Karan Bajwa as its new Managing Director.
  • Karan Bajwa will manage various operations for Google Cloud’s extensive solution portfolio such as Google Cloud Platform and G Suite.
  • He has earlier worked as the Managing Director of IBM for India and South Asia.

Bajaj Auto reappoints Rajiv Bajaj as its MD & CEO

Rajiv Bajaj
  • Rajiv Bajaj has been reappointed as MD & CEO of Bajaj Auto.
  • The announcement was done after the board meeting of the Bajaj Auto.
  • Gita Piramal has been appointed as the independent director of Bajaj Auto.

Ravinder singh Dhillon appointed as new CMD of PFC

Ravinder Singh Dhillon
  • Ravinder Singh Dhillon has been selected as the Chairman and Managing Director of Power Finance Corporation (PFC).
  • He is presently serving as a Director (Projects, Public Grievance) in Power Finance Corporation (PFC) Limited.

Arundhati Bhattacharya steps down from Crisil board

Arundhati Bhattacharya
  • Arundhati Bhattacharya has given her resignation from Crisil board. She was serving as the independent director of the Crisil.
  • Her resignation will be effective on April 15, 2020. She has submitted her resignation as she will be joining as a Chairperson and CEO for the India operations of Salesforce, USA.

Ranjan Gogoi takes oath as Member of Rajya Sabha

Ranjan Gogoi
  • Former Chief Justice of India Ranjan Gogoi took oath appointed as member of Rajya Sabha.
  • He was nominated to Rajya Sabha by the President of India Ram Nath Kovind.
  • His nomination was made to fill in the vacancy created after the retirement of KTS Tulsi.

Madhya Pradesh Chief Minister Kamal Nath resigns

Kamal Nath
  • Kamal Nath has stepped down as the Chief Minister of Madhya Pradesh. He has resigned ahead of the floor test which was scheduled to be held on 20th March 2020 in the state assembly.
  • He will submit his resignation to Lal Ji Tandon, governor of Madhya Pradesh.
  • Kamal Nath sworn-in as the chief minister of Madhya Pradesh after winning the state Assembly polls held in 2018.

IRDAI sets up 16-member panel on governance at insurers led by Pravin Kutumbe

IRDAI

  • Insurance Regulatory and Development Authority of India (IRDAI) instituted a 16-member committee headed by Pravin Kutumbe to further strengthen its guidelines on corporate governance.
  • The committee consists of a head, six members from the insurance regulator besides members from the Reserve Bank of India and the Securities and Exchange Board of India along with other industry partakers.

Sameer Aggarwal selected as CEO of Walmart India

Sameer Aggarwal
  • Sameer Aggarwal has been appointed as the Chief Executive Officer (CEO) of Walmart India. He will take over as CEO from Krish Iyer.
  • Walmart India is presently operating 28 Best Price cash-and-carry stores in India.

Paytm Money CEO Pravin Jadhav retires

Pravin Jadhav
  • The MD & CEO of Paytm Money Pravin Jadhav has retired.
  • Jadhav was involved with Paytm Money since June 2017 as its first member and saw its rise to 40 million users.

Tenure of Justice Shiva Kirti Singh as TDSAT chairman extended

Justice Shiva Kirti Singh
  • Justice of India has extended the tenure of Justice Shiva Kirti Singh as chairman of Telecom disputes Settlement and Appellate Tribunal(TDSAT).
  • The bench that extended the tenure of Justice Shiva Kirti Singh consisted of Chief Justice of India(CJI) Justice SA Bobde, Justice Deepak Gupta and Sanjay Kishan Kaul.

Anamika Roy Rashtrawar appointed as MD & CEO of IFFCO Tokio

Anamika Roy Rashtrawar IFFCO Tokio
  • Anamika Roy Rashtrawar has appointed as MD and CEO of IFFCO Tokio General Insurance from March 27.
  • Earlier to this elevation, Rashtrawar was a whole-time director with the private general insurer, which she had started in June 2018.
  • IFFCO Tokio General Insurance is a 51:49 joint venture between IFFCO and Tokio Marine Group.

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