MAM
Kotak Mahindra Bank gets new head of corporate and investments
MUMBAI: TV Raghunath has been appointed as the new head of corporate and investment banking at Kotak Mahindra Bank. His new position will see him focussing on covering the larger corporates in India in an integrated manner, with the help of the current Kotak Investment Banking senior executive director, Chetan Savla, as well as continuing to oversee Kotak Mahindra Capital Company (Kotak Investment Banking).
Raghunath’s former post as managing director and CEO of Kotak Investment Banking is now taken up by S Ramesh — a veteran in the capital markets with extensive experience in handling marquee transactions, who can be credited with introducing many landmark initiatives in the Indian capital markets.
In addition, Sourav Mallik has moved up to become the joint managing director of Kotak Investment Banking, while the Equities business will be headed by V. Jayasankar. Pankaj Kalra is expected to play a significant leadership role in coverage and ideation for corporates in the Corporate Advisory Group of the investment bank.
Investment Banking corporate president KVS Manian said, “As I contemplate the future, I am excited about the significant opportunities that exist for us as a group to build a high-quality corporate franchise. With these organizational changes, I am confident that we are well structured to achieve the next level of growth.”
MAM
Dish TV shareholders approve three independent directors
99.49 per cent vote of confidence strengthens board as company expands into connected TV, e-commerce and OTT.
MUMBAI: Dish TV has just been served a near-perfect vote of confidence and the shareholders have dished it out in style. Shareholders of the DTH operator have approved the appointment of three new Independent Directors with an overwhelming 99.49 per cent approval. The three appointees are Mr Arun Kumar Kapoor, Ms Heena Naishadh Bhatt and Mr Ashok Anant Paranjpe.
The strong mandate reflects continued investor faith in the company’s strategy, disciplined execution and long-term value creation. It comes as Dish TV focuses on stabilising its core DTH business while actively scaling new verticals connected TV platform VZY, B2B e-commerce ShopZop, and OTT service Watcho to build a more diversified and resilient growth trajectory.
Dish TV India Limited, CEO & executive director Manoj Dhobhal said, “We are encouraged by the shareholders’ approval of the appointment of the Independent Directors and sincerely thank them for their continued trust and confidence. The Board is already benefiting from the Directors’ collective experience, which will further sharpen strategic focus and support disciplined execution.”
With a fresh, strengthened board in place, Dish TV is well positioned to navigate the evolving media landscape. In a sector where every percentage point matters, a 99.49 per cent thumbs-up is the kind of ringing endorsement that suggests the company’s recipe for the future is already tasting right.
