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Ecom Express Appoints Kammal Daas as VP of Operations, Last Mile
Ecom Express Limited has reportedly appointed Kammal Daas as Vice President of Operations, Last Mile. Kammal will play an important role in strengthening the company’s operational capabilities and driving efficiency across its last-mile delivery process.Kammal brings over 18 years of rich experience in operations, logistics, and supply chain management. Most recently, he served as Vice President of Operations at Licious, where he led mid-mile delivery operations and managed procurement logistics. His career highlights also include leadership positions at Flipkart and Walmart India, where he ..
Banks and Infra Finance Firms Urged to Collaborate for Major Projects
M Nagaraju, Secretary of Financial Services, on Monday highlighted the importance of collaboration between banks and infrastructure finance companies to finance large-scale infrastructure projects. He stressed the need for shifting focus from completed projects to greenfield ventures, which will drive fresh asset creation. Nagaraju spoke at the National Summit on Indian Infrastructure for Viksit Bharat 2047, organised by the Indian Infrastructure Finance Company Ltd (IIFCL). He also emphasised the need to protect infrastructure projects from corruption and fraud. He pointed out that infrastr..
HDFC Gets RBI Approval to Acquire Stakes in Kotak, AU, and Capital SFBs
HDFC Bank, India's largest private sector lender, has received approval from the Reserve Bank of India (RBI) to acquire up to 9.5% aggregate stake in Kotak Mahindra Bank, AU Small Finance Bank, and Capital Small Finance Bank. An exchange filing issued by HDFC Bank revealed that the RBI's approval is valid until January 2, 2026. The approval allows HDFC Bank to acquire up to 9.5% of the share capital or voting rights in the three banks, the filing stated. HDFC Bank clarified that while it does not plan to invest directly in these banks, the approval will enable its group entities—HDFC Mutual ..
