Who has been appointed as the new Managing Director (MD) and Chief Executive Officer (CEO) of Axis Capital?

Daily Current Affairs

Atul Mehra

R Doraiswamy

Venkatachalam H

Mr. Dhananjay Mungale

Correct Answer : Atul Mehra

Axis Capital has appointed Atul Mehra as the managing director (MD) and chief executive officer (CEO). The appointment is subject to receipt of requisite approvals. Mehra, who was formerly with JM Financial, will oversee both the investment banking and institutional equities businesses of Axis Capital.

His appointment comes after the departure of Axis Capital’s current MD & co-CEO Salil Pitale. In December, JM Financial roped in Chirag Negandhi — who was the co-CEO at Axis Capital — as its MD.

Mehra is a veteran dealmaker with over three decades of experience and was the joint MD at JM Financial. Axis Capital has also appointed Parag Gude as the chief operating officer (COO) of Institutional Equities and Dhaval Desai as Head – Cash Equities..

Source : Business Standard

Published On : April 1, 2024

Recently Updated Current Affairs

Q .

Who has made the record of climbing the world's highest peak Mount Everest the most number of times?

Lhakpa Sherpa

Kami Rita Sherpa

Pasang Dawa Sherpa

None of the above

Correct Answer : Option (B) - Kami Rita Sherpa

Kami Rita Sherpa has created history by climbing the world's highest peak, Mount Everest, for the 29th time.

Kami Rita has become the mountaineer who has conquered Mount Everest the most number of times. He first conquered the world's highest peak in 1994.

The Nepal government has issued around 400 mountaineering permits to climbers for the spring season this year, which runs from April to June.

Published On : May 14, 2024

Q .

Chabahar Port, which was in the news recently, is located in which country?

Iran

UAE

Qatar

Pakistan

Correct Answer : Option (A) - Iran

India and Iran have signed a 10-year bilateral contract aimed at enhancing the operations of Chabahar Port.

This decision underlines India's strategic interests in Central Asia and parts of Europe. Chabahar Port is a port in Chabahar, located in southeastern Iran, on the Gulf of Oman.

Published On : May 14, 2024

Q .

In which country is the World Hydrogen Summit 2024 being organized?

China

USA

Netherlands

South Korea

Correct Answer : Option (C) - Netherlands

Rotterdam (Netherlands), 14 May 2024 (IANS) India has set up one of the largest pavilions at the World Hydrogen Summit 2024, being held here, to showcase the country’s progress in the field of Green Hydrogen.

The India Pavilion, set up by the Ministry of New & Renewable Energy is at the Summit and has been inaugurated by Secretary, Ministry of New and Renewable Energy, Bhupinder S. Bhalla on May 12.

The World Hydrogen Summit, being held in Rotterdam in Netherlands from May 13 to 15, is a prestigious event in the global green hydrogen ecosystem. Around 15,000 delegates from around the world are attending the Summit.

The Indian delegation headed by Bhalla also comprises officials from the Department of Science and Technology, Ministry of Railways, Ministry of Petroleum and Natural Gas and from private sector companies as well.

In addition to various government-government interactions, the summit provides a platform for Indian industry to engage with companies from around the globe.

Published On : May 14, 2024