- Devesh Kumar is RBS
India - NIIT’s Pawar named Nasscom Chairman
- Sesa Goa looks to set up steel plants
Devesh Kumar is RBS India
Royal Bank of Scotland (RBS) on Tuesday said it has appointed Devesh Kumar as head of equities, India
Kumar will be responsible for all of RBS' cash equity (research and sales), equity derivative and equity financing businesses in India
NIIT’s Pawar named Nasscom Chairman
Rajendra S. Pawar, chairman and cofounder of NIIT Technologies Ltd, has taken over as the new chairman of the software industry body National Association of Software and Services Companies (Nasscom). N. Chandraseka ran, chief executive officer (CEO) and managing director of Tata Consultancy Services, has been appointed vice chairman of the executive council of Nasscom.
Sesa Goa looks to set up steel plants
Sesa Goa Ltd, India 's big gest iron ore exporter, may set up small steel plants in India
“The company is in talks to set up plants with capacity of about 1.5 million tonnes each in Jharkhand and Karnata ka,“ managing director Prasun Kumar Mukherjee on Tuesday told analysts on a conference call.
Sesa Goa wants to acquire 800 acres of land in Jharkhand this year for a 1.5 mt capacity plant that will boost its chances of getting mining permits from the state government.
It's also talking with Sterlite Iron and Steel Co. and Orissa's government about setting up a steel plant in the state, Mukherjee said, without elaborating.
Sesa Goa, a unit of Vedanta Resourc es Plc that's offered to acquire a stake in Cairn India Ltd, also said it isn't obliged to buy more than 20% in Cairn “We have got 10.4% in Cairn India