Categories: Appointments

Uday Kotak resigns as the Chairman of IL& FS

Uday Kotak has announced to step down as the Chairman of the board of the Infrastructure Leasing & Financial Services (IL&FS), after his term ends on April 2, 2022. CS Rajan, Managing Director, IL&FS has been appointed as Chairman and Managing Director for six months with effect from April 3 by the Ministry of Corporate Affairs.

Buy Prime Test Series for all Banking, SSC, Insurance & other exams

Crisis-hit Infrastructure Leasing & Financial Services Ltd (IL&FS) has resolved nearly 55% of the group’s outstanding debt over the last three-and-a-half years, managing director C.S. Rajan said on Tuesday. Among others, the company sold its iconic headquarters at Bandra Kurla Complex for ₹1,080 crore to reduce debt.

Find More Appointments Here

Sumit Arora

Recent Posts

Today Top 10 Current Affairs 15th November 2024 Questions and Answers

The Daily Current Affairs Quiz which keeps you updated with the current events happening all…

2 hours ago

Richest IAS Officer of India, Know His Name and Net Worth

The Indian Administrative Service (IAS) is one of the most prestigious services in India. IAS…

13 hours ago

Which Indian River is the Lifeline of Two Indian States?

India is home to many important rivers that support life, agriculture, and culture. Major rivers…

16 hours ago

Website Launched for 18th Pravasi Bharatiya Divas in Bhubaneswar

The 18th Pravasi Bharatiya Divas (PBD) Convention will be held from January 8 to January…

18 hours ago

Which Country is Known as the Land of the Morning Calm?

Countries around the world have unique nicknames that reflect their history, culture, or natural beauty.…

19 hours ago

Pinfenon (S) (R) – First Patent for Canine Cardiac Disorder Treatment

Scarecrow Incorporated, located in Tokyo’s Shibuya Ward, has successfully acquired the world’s first patent for…

19 hours ago