K Sreekant appointed as Director Finance of PowerGrid

Power Grid Corp today said K Sreekant has been appointed as Director (finance) for five years by the Power Ministry.

"Ministry of Power has vide Order dated August 16, 2016 conveyed the appointment of K Sreekant, General Manager, NTPC to the post of Director (Finance), POWERGRID for a period of five years with effect from the date of his assumption of charge of the post on or after September 1, 2016, or till the date of his superannuation, or until further orders, whichever is the earliest," Power Grid Corp said in a BSE filing today.

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Trinetra Cement posts Rs 9.48 cr profit in April-June qtr * Trinetra Cement today posted a standalone net profit of Rs 9.48 crore in the quarter ended on June 30.

The company had recorded a loss of Rs 8.03 crore in the quarter ended on June 30, 2015, Trinetra Cement said in a BSE filing today.

Its total income from operation rose to Rs 153.94 crore in the first quarter of this fiscal compared to Rs 130.03 crore in the same period a year ago.

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Pramod Arora appointed as Director of Carnival Cinema * Carnival Group today said it has appointed Pramod Arora, former Group President of PVR Cinemas, as director of Carnival Cinemas.

Arora joins Carnival Cinemas from Everstone Capital Advisors, where he was working as a Director of Everstone, said a statement from Carnival Group.

He spent 18 years at PVR Cinemas as their Group President and also served as Chief Operating Officer at Oberoi Realty, it added.

"My mandate is to fast track growth of Carnival Cinemas and make Carnival Cinemas one of the most preferred brands in India and I am confident that we will execute our plans well", said Pramod Arora.