Binod Kumar, who is the Executive Director at Punjab National Bank, is to take SL Jain's place. Jain will retire next month.
The company will raise ₹1,590 crore through a fresh issue; all the issue proceeds (excepting offer expenses) will directly flow into the company funds.
The joint venture will comprise Future Generali India Insurance Company Ltd (FGIICL) and Future Generali India Life Insurance Company Ltd (FGILICL).
The agreement was signed by Diego Graffi, Chairman & MD of Piaggio Vehicles, and Ravi Chawla, MD & CEO of Gulf Oil Lubricants India.
The project shall be implemented on a Build, Own, Operate, and Transfer BOOT basis. The company received the letter of intent (LoI) for the project on November 25, 2024.
The value of the dollar increased by more than 2% in relation to the Mexican peso and by 1% in relation to the Canadian dollar.
The decision follows Unilever’s global strategy to separate its ice cream business and subsequent evaluation by an independent committee of HUL director
Nisal will be reporting to CEO and Managing Director Srini Pallia and will join Wipro's executive board.
The scheme forms a part of a larger construction program of a multi-tracking Broad Gauge (BG) railway line.

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