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Schindler India appoints Ashok Ramachandran as CEO

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Press Trust of India Mumbai

Elevator and escalator maker Schindler India today said it has appointed Ashok Ramachandran as its chief executive officer.

He will be the youngest chief executive officer at Schindler India and will be responsible for the overall sales, marketing and operations of the company, a release said.

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He joined the company in 2006 and was appointed as managing director of Schindler Vietnam in 2012 and was later assigned the role of managing director of Schindler Malaysia in 2016.

****************** Anchor Electricals appoints Vivek Sharma as MD *

Anchor Electricals, a wholly-owned subsidiary of Japan-based Panasonic Corporation, today said it has appointed Vivek Sharma as its managing director to spearhead its electricals business.

 

Sharma will be responsible for driving the electricals arm of the organisation and oversee growth of all businesses comprising wiring devices, switchgears, wires, cables and tapes, conduit pipes, lighting, solar, housing, power tools and indoor air quality, it said in a statement.

With over 32 years of experience, he is the first Indian to hold this position, it added.

****************** Suzuki launches 2018 series of Gixxer SP & SF *

Suzuki Motorcycle India today launched the new 2018 series of Gixxer SP bike with anti-lock braking system (ABS) and the Gixxer SF SP bike with ABS along with fuel injected (FI) system.

The Gixxer SP is priced at Rs 87,250, while the Gixxer SF SP at Rs 1,00,630 (ex-showroom, Delhi), a release said.

Suzuki Motorcycle had launched Gixxer bikes in India in 2014.

****************** Upstox launches electronic delivery instruction slip facility *

Upstox (formerly RKSV Securities), the online discount brokerage firm funded by Ratan Tata, Kalaari Capital and GVK Davix, has become the first broker to implement an electronic delivery instruction slip (e-DIS) facility which will enable clients to complete paperwork online while opening an account.

The e-DIS facility is applicable only for delivery trades and not intraday orders. The clients can sell up to Rs 20 lakh of shares per day using e-DIS. The facility is currently available only on the Upstox web, Android, iOS platform, a statement issued here said.

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First Published: Jul 09 2018 | 7:05 PM IST

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