Hindustan Unilever Ltd (HUL) has announced the separation of the position of Chairman of the Board and the CEO & Managing Director of the company. Nitin Paranjpe has been appointed as the Non-Executive Chairman of the company with effect from March 31, 2022. He is currently serving as Chief Operating Officer of Unilever, the parent company of HUL. Sanjiv Mehta will continue to be the Chief Executive Officer & Managing Director (CEO & MD) of the company.
The government has made it mandatory for telecom companies for the storage of international calls, satellite phone calls, conference calls and messages, made over normal networks as well as on the internet for at least two years.
Telecom operator Bharti Airtel Ltd has announced that it has joined the SEA-ME-WE-6 undersea cable consortium, in a bid to scale up its high-speed global network capacity and serve India's fast-growing digital economy.
Nepal will be the first country to adopt India's UPI system, which will play a pivotal role in transforming the digital economy of the neighbouring country.