Promoter-investor tussle hits Spandana Sphoorty MFI
The board of Spandana has accepted MD Padmaja G Reddy's resignation with immediate effect. It will be hiring an eminent industry veteran as its new MD & CEO, and construct a new management committee, it announced in a stock exchange filing late evening Tuesday.
Goldman Sachs promotes 30 executives as MDs in IndiaGlobally, the promotions this year are reflective of the firm’s strategic priorities, including investments in core businesses (investment banking division and global markets); growth strategies (asset management, consumer and engineering); and strategic locations (particularly Bengaluru, Salt Lake City and Dallas), the company said.
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