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News digest: Shikha Sharma's tenure, Air India sale, Videocon case and more

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Axis Bank board cuts short CEO's tenure, Shikha Sharma to stay on till Dec

Shikha Sharma, Axis Bank managing director and chief executive officer (MD & CEO), has decided to step down. She was to start her fourth three-year term on June 1. The move comes in the wake of the Reserve Bank of India (RBI) asking the private sector lender’s board to reconsider its decision to reappoint Sharma for a three-year term starting June. Read more
 
 
Forgotten wealth: Shares worth over Rs 13 bn lie unclaimed in top 100 firms

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