Indian shares opened on a weak note Friday, tracking weak global cues and amid the release of RBI's MPC meeting minutes showing that the RBI remains committed to bring down inflation to the 4 percent target.
Venugopal G. Nair, the Managing Director and CEO of Shoppers Stop, has resigned from his position for personal reasons. The company praised Nair for his contributions in strengthening the business during the post-Covid era. Kavindra Mishra, the Chief Commercial Officer and CEO of Homestop, has been promoted as the new Executive Director & CEO of Shoppers Stop.
Indian shares ended notably lower on Friday, as investors reacted to mixed comments from Fed officials and awaited Fed Chair Jerome Powell's Jackson Hole speech for further clues on the outlook for rates.
Venugopal G. Nair, the Managing Director and CEO of Shoppers Stop, has resigned from his position for personal reasons. The company praised Nair for his contributions in strengthening the business during the post-Covid era. Kavindra Mishra, the Chief Commercial Officer and CEO of Homestop, has been promoted as the new Executive Director & CEO of Shoppers Stop.