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9Spokes Ltd appoints Kevin Phalen to the role of independent non-executive director


9Spokes appoints Kevin Phalen to the role of independent non-executive director
The company empowers businesses to better manage their performance and enables developers to harness data, information, and knowledge sets to build great apps to support businesses small, local and large.
9Spokes is an open data platform providing robust infrastructure on which to build business experiences - transforming permissioned data into information.
9Spokes International Ltd (ASX:9SP) has appointed Kevin Phalen to its board of directors as an independent non-executive director, effective June 27.
Phalen will also sit on the board s Audit & Risk Committee and Remuneration & Nomination Committee.
He brings more than 30 years of global banking and financial services experience to the board. ....

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Indian Overseas Bank spurts after Govt injects funds


Indian Overseas Bank rose 4.69% to Rs 16.75 after the bank said it received a capital infusion of Rs 4,100 crore from the Government of India towards preferential allotment of shares during the FY20-21.
The public sector bank posted a net profit of Rs 212.87 crore in Q3 FY21 as against net loss of Rs 6,075.49 crore in Q3 FY20. The bank s total income jumped 11.3% to Rs 5,786.54 crore in Q3 FY21 from Rs 5,197.94 crore in Q3 FY20.
The Government of India held 95.84% stake in Indian Overseas Bank as on 31 December 2020.
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(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.) ....

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