National

Grain deal extension good news for world: UN chief

May 18, 2023

New York [US], May 18: United Nations Secretary-General Antonio Guterres has welcomed Russia's decision to agree to a two-month extension of the deal allowing ukrainian grain exports across the Black Sea as "good news for the world." The agreement is important for global food security, Gueterres said on Wednesday, and because it shows that "even in the darkest hours, there is always a beacon of hope and an opportunity to find solutions that benefit everyone." Guterres said that, although there are still outstanding issues,representatives of ukraine, Russia, Turkey and the UN are continuing to discuss them.
Source: Qatar Tribune

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IIFL Securities Appoints Nemkumar as Managing Director

Mumbai (Maharashtra) [India], May 11: IIFL Securities Limited, a leading financial services house, today said that it has appointed Nemkumar H, whole-time director on the Board, as the Managing Director with effect from May 15, 2024 for a period of 5 years. R. Venkataraman is currently the Chairman and Managing Director of the company. His tenure as Managing Director is due to expire on May 14, 2024. Venkataraman has decided not to seek renewal of his term as Managing Director. However, Venkataraman shall continue as the Chairman & Non-Executive Director on the Board of the Company. The Board believes that the separation of the posts of Chairman and Managing Director is better aligned with good corporate governance standards.

May 11, 2024