Chairman

Chaturvedi: ICICI’s non-exec chairman

RBI has approved the appointment of Girish Chandra Chaturvedi as non-executive (part-time) Chairman of the ICICI bank till June 30, 2021. Girish Chandra Chaturvedi was previously the petroleum secretary. ICICI Bank announced that Kochhar has decided to go on leave till the completion of an external inquiry into the matter of lending loan to Videocon group.

BSE Dalal Street building gets trademark

Stock exchange major BSE has secured a trademark for its iconic building Phiroze Jeejeebhoy Towers, located on Dalal Street. Initially known as BSE Towers, the building was soon renamed after the late chairman of BSE, Sir Phiroze Jamshedji Jeejeebhoy. The stock exchange major was founded in 1875. It began as a small group of brokers who functioned under a banyan tree on Dalal Street.

BSE Dalal Street building gets trademark

Stock exchange major BSE has secured a trademark for its iconic building Phiroze Jeejeebhoy Towers, located on Dalal Street. Initially known as BSE Towers, the building was soon renamed after the late chairman of BSE, Sir Phiroze Jamshedji Jeejeebhoy. The stock exchange major was founded in 1875. It began as a small group of brokers who functioned under a banyan tree on Dalal Street.

Mukesh Ambani becomes Asia’s richest person

Reliance Industries Ltd Chairman Mukesh Ambani has surpassed Alibaba Group’s Jack Ma to become Asia’s richest person. According to Bloomberg Billionaires Index, Ambani’s wealth rose to $44.3 billion while Jack Ma’s wealth stood at $44 billion. He is the 18th wealthiest person in the world, according to Forbes. Reliance is India’s largest payer of GST and Income Tax in the private sector.

Forbes List Of US’ Richest Self-Made Women

Forbes released its 4th annual list of US’ Richest Self-Made Women. Diane Hendricks, co-founder and chairman of ABC Supply ranks 1st with a net w rth of $4.9 billion. Indian-origin tech executives Jayshree Ullal and Neerja Sethi were also on the list with $1.3 bn and $1 bn respectively. TV star and entrepreneur Kylie Jenner is the youngest to be featured in the list.

Panel for automatic suspension in RS

The rules review committee set up by Rajya Sabha Chairman M. Venkaiah Naidu has submitted its interim report. It made two key recommendations: automatic suspension of wilful offenders and changing question-hour timing. The two-member committee is headed by the former secretary general of Rajya Sabha V.K. Agnihotri. The report has to be approved by the Rules Committee of the Upper House.

Ambani gets another 5 years as chairman

Shareholders of Reliance Industries have approved giving Mukesh Ambani another five years as the chairman and managing director of the company. Ambani has been on the board of RIL since 1977 and was elevated as chairman of the company after the death of his father Dhirubhai Ambani in July 2002. Reliance Industries is India’s second most valued firm after Tata Consultancy Services.

T.K Chand gets knowledge excellence award

Dr. Tapan Kumar Chand received the Knowledge Excellence Award from Secretary, Mines, Govt. of India for Outstanding Contribution in Aluminium Knowledge domain. Chand is an Indian mining veteran and is the Chairman cum Managing Director of National Aluminium Company (NALCO). NALCO is the largest integrated aluminium unit in Asia and is also one of the largest aluminium complexes of the world.

Senior Congress leader Jacob passes away

Senior Congress leader and former Meghalaya Governor M M Jacob passed away at the age of 90. Jacob, a former Union Minister, had also served as deputy chairman of the Rajya Sabha in the 80s. Hailing from Ramapuram, Jacob had served as General Secretary and Treasurer of Kerala Pradesh Congress Committee & Chairman, Kerala State Seva Dal Board and an elected member of AICC for many years.

Zuckerberg becomes 3rd richest person

Mark Zuckerberg has leapfrogged Warren Buffett to become the third richest person in the world. Zuckerberg is now worth $81.6 billion, about $373 million more than Buffett, the chairman and chief executive officer of Berkshire Hathaway Inc. Zuckerberg trails only Amazon.com Inc. founder Jeff Bezos and Microsoft Corp. co-founder Bill Gates.