Monday, 27 Nov, 2023
Leading consumer electronic companies such as Apple, Samsung, Dixon Technologies and Havells saw a significant reduction in imports as a percentage of sales in the last fiscal year from the pre-Covid period, according to the latest regulatory data filed by them.
PepsiCo India is likely to appoint George Kovoor, one of its most senior executives, as president, as the incumbent, Ahmed ElSheikh, is expected to relocate to a global role at the American food and beverage company early next year, said executives with knowledge of the matter.
Spotting a brother, the in-laws, or even a stepsister, of a director on a borrower’s board can be maddening for bankers. Still, they can’t disregard the links — lending to companies (where a bank’s director has a ‘connection’) without the clearance or knowledge of the bank’s board is breaking the law.
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