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Senior company officials said the funds would be used to expand its financial services business in rural India where the group would be opening more branches.
'Younger people have a very strong sense of what is wrong, and what is right, along with the opportunity to call out this kind of behaviour through mechanisms like social media.'
During the checks on the Cessna aircraft registered with Business Jets India, the DGCA found that the pilots in command did not have necessary training certificates.
Murkumbi will continue to retain his post till the stipulated notice period of 90 days or completion of open offer by Wilmar, whichever is later.
India Inc has few leaders who are likely to grab headlines in 2015.
Few top honchos of India Inc did very well in 2014.
