Government To Push Drone Industry With Expansion Of PLI Scheme
According to recent reports, the government is planning to increase the quantum of the PLI (production-linked incentives) scheme for drones and their components. “The quantum of the current PLI scheme is enough to boost the industry for the next few years, however, by the third year, a higher quantum will be needed as the industry’s…
UBI Appoints A Manimekhalai As MD & CEO
A Manimekhalai has been appointed as the new managing director and chief executive officer (MD & CEO) of Union Bank of India for a period of three years, the government announced on June 2. Before this, Manimekhalai was executive director at Canara Bank. After Vijaya Bank was merged with the Bank of Baroda in 2019,…
Aditya Birla Capital Appoints Vishakha Mulye as New CEO
Vishakha Mulye, an ICICI bank veteran, is appointed as the chief executive officer of Aditya Birla Capital, the non-bank lender said on Saturday. Mulye replaced Ajay Srinivasan, who was taking up the other responsibilities within the group, as per the exchanger filing. Mulye will take over her role on June 1, as per the announcement…
Maruti Suzuki Names Hisashi Takeuchi as MD and CEO
Maruti Suzuki has replaced Kenichi Ayukawa, MD, since 2013, with Hisashi Takeuchi. He will be the new Managing Director and Chief Executive Officer of the company for the next three years. The period of his service will start from April 1, 2022, and end on March 31, 2025. The former MD ━ Kenichi Ayukawa ━…
Colgate Announced Appointment of Prabha Narasimhan as CEO
Oral care company Colgate-Palmolive (India) Ltd. on Thursday has announced the appointment of Prabha Narasimhan as Managing Director and Chief Executive Officer of the company. She is replacing Ram Raghavan who is set to move to a global role. The makers of Colgate toothpaste and Palmolive hand wash said the nomination and remuneration committee of…
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