Niraj Bajaj named Bajaj Auto Chairman; Rahul Bajaj to be Chairman Emeritus
The Hindu
This will be taken up at the ensuing annual general meeting for the approval of the shareholders.
Bajaj Auto has announced the appointment of Neeraj Bajaj as its new Chairman of the Board with effect from May 1, 2021. The auto maker has also announced Rahul Bajaj as its Chairman Emeritus. “Rahul Bajaj, Non-executive Chairman of the Company, having been at the helm of the Company since 1972 and the Group for five decades, considering his age, has tendered his resignation as non-executive director and Chairman of the Company with effect from close of business hours on 30 April 2021,” Bajaj Auto said in a filing with stock exchanges.
Let’s take a look at some of the biggest crypto events of the year.
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Non-Resident Indians (NRIs) from the Gulf Cooperation Council (GCC) region, once prominent investors in the Indian equity market are seen shying away due to rupee depreciation and have moved to global funds, said a top financial services executive.
Mobile phones are increasingly migrating to smaller chips that are more energy efficient and powerful supported by specialised Neural Processing Units (NPUs) to accelerate AI workloads directly on devices, said Anku Jain, India Managing Director for MediaTek, a Taiwanese fabless semiconductor firm that claims a 47% market share India’s smartphone chipset market.
In one more instance of a wholly owned subsidiary of a Chinese multinational company in India getting ‘Indianised’, Bharti Enterprises, a diversified business conglomerate with interests in telecom, real estate, financial services and food processing among others, and the local arm of private equity major Warburg Pincus have announced to collectively own a 49% stake in Haier India, a subsidiary of the Haier Group which is headquartered in Qingdao, Shandong, China.
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