Expedia, leading global online travel company, today announced the appointment of Jonathon Sinclair Neal as the CEO of AAE Travel, a joint venture between AirAsia and Expedia Inc.
Neal will be based out of Singapore, Expedia said in a statement.
Neal will provide strategic direction to the online travel company that drives two key brands, Expedia and AirAsiaGo, across 12 countries including India, Southeast Asia, Hong Kong, Japan and Korea.
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SHRM enters into strategic alliance with BTI Consultants * Society of Human Resource Management (SHRM) India has entered into a strategic alliance with BTI Consultants.
Following the alliance, SHRM India would deliver customised professional development programmes to BTI Consultant's prospects and clients in India and abroad.
These programs would primarily focus on HR transformation, change management, leadership development and coaching.
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Smart Utilities appoints Pankaj Thapliyal as President * Integrated Utility company Smart Utilities, part of the Essel Group, has appointed Pankaj Thapliyal as President.
"Thapliyal has wide experience in sectors like telecom and FMCG which have large consumer base and will be beneficial for our organisation.
"Pankaj will focus on roll-out of new businesses in B2C vertical and revenue growth in existing streams," Essel Infraprojects Chief Executive Officer Ashok Agarwal said in a statement.
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Zerodha announces zero brokerage fee on investments * Leading online stock broking firm Zerodha today announced zero brokerage on all equity investments.
"There will be no upfront fees, no minimum volume, no special terms and conditions, no clauses, no strings attached," Zerodha founder and CEO Nithin Kamath said.
He was speaking at the launch of the firm's web based trading portal KITE in Odia language.
Shivalik Co-operative Bank launches green PIN service
* Shivalik Mercantile Co-operative Bank today lauched green PIN service under which it has started sending the unique number to its debit card holders through SMS rather than by post.
Green PIN will provide convenience to the customer to generate their own ATM pin, at the same time giving them a chance to save natural resource, Shivalik Mercantile Co-operative Bank said in a statement.
This will ensure customer privacy and reduce the bank's courier cost and security and logistical issues faced by the bank due to delay in courier delivery, it said.
This shows the focus and dedication of the bank to improve customer experience through technology and another step towards paperless banking, it said.
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Ambuja Cements completes Rs 338cr expansion project in Bengal * Ambuja Cements, a part of global conglomerate LafargeHolcim, has added 0.9 million tonne capacity at its Sankrail grinding unit in West Bengal.
The additional capacity has been commissioned at a cost of Rs 338 crore.
The company in a statement said the Sankrail plant's brown field expansion project of the grinding plant was taken up in November 2012.
The total cement making capability of the Sankrail plant jumps to 2.4 million tonne from 1.5 million tonne with the new grinding capacity, the company said.
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Jaiprakash Power board to consider ECB issue * Jaiprakash Power Ventures today said its board will consider a proposal this week to raise funds through foreign currency convertible bonds, QIPs and ECBs to fund capital expenditure and repayment of debts and other purposes.
"The Board in the said meeting to be held on May 27, 2016, inter-alia, to consider a proposal for seeking shareholders' approval by way of an enabling resolution for fund raising through FCCBs/QIPs/ECBs with rights of conversion into equity shares, etc for meeting capital expenditures of the Company and that of its subsidiaries, redemption of existing outstanding FCCBs, repayment of other debts and for general corporate purposes," Jaiprakash Power Ventures Ltd (JPVL) said in a BSE filing.
Shares of Jaiprakash Power Ventures closed at Rs 4.02 apiece on BSE, down 3.60 per cent from the previous close.
