Icra appoints Naresh Takkar as CEO of Group Icra

Rating agency Icra today said it has named Naresh Takkar as chief executive officer of Group Icra with immediate effect.
Takkar will continue to hold his current title as managing director and CEO of Icra, Ltd, the company said in a release here.
Group Icra includes Icra, Ltd, which provides credit ratings in the country, PT Icra Indonesia, Icra Lanka and Icra Nepal, which provide credit ratings in Indonesia, Sri Lanka and Nepal, respectively, Icra Management Consulting Services, Icra Techno Analytics, and Icra Online and their subsidiaries.
The rating agency has also appointed Robert Scott Fauber, managing director, head of commercial group and Thomas John Keller Jr, managing director, geographic management and sovereign ratings of Moody's Investors Service as additional directors under the category "non independent and non executive director", effective today.

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Shriram Transport Fin elevates S Lakshminarayanan as chairman * Asset financing NBFC, Shriram Transport Finance (STFC) today said it has elevated S Lakshminarayanan as chairman of the company.

Lakshminarayanan has been independent director of STFC, since September 2009.
The decision for the appointment was taken by the company's board of directors in the board meeting held at Colombo on January 24, 2015.
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I-T dept gets award under National Award on E-Governance * The income tax department has been awarded GOLD by the government under category "Cat-I-Excellence in Government Process Re-engineering" for National Award on e-governance 2014-15.

The award has been conferred for "TDS Reconciliation Analysis & Correction Enabling System (TRACES)" project launched by the Department, the finance ministry said in a statement.