Damodaran takes over as SEBI chief
New Delhi: Industrial Bank of India (IDBI), Chairman-cum-Managing Director, M Damodaran has been appointed as the Chairman of Security Exchange Board of India (SEBI).

Damodaran takes over as SEBI chief from G N Bajpai who retires tomorrow.

Damodaran, was instrumental in turning around the beleaguered Unit Trust of India, which was split into two organizations after the 2001 muddle, into the country's biggest mutual fund. He was also asked to look after IDBI and recently took over its full-time chairman-cum-managing director after the bank was corporatised.

Damodaran takes over as SEBI chief at a time when the stock market has been booming but at the same time there are concerns over unregulated hedge funds brought in by foreign institutional investors who had pumped in an estimated nine billion dollars till December 2004.

The government is yet to choose a successor to Damodaran as IDBI chairman.
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Imperial College Fellowship for Amit Chatterjee
New Delhi: The Adviser to the Managing Director, Tata Steel, Dr Amit Chatterjee, has been conferred the Fellowship of Imperial College, London recently.

A statement issued on Thursday said that this fellowship is the highest honour given by Imperial College to a person of outstanding distinctionand with whom the college has close association.Dr Chatterjee was associated with Tata Steel for more than 32 years before his superannuation from the post of Technology Officer.
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Award for Kinfra chief, Gopala Pillai
Thiruvananthapuram: The National Institute of Personnel Management (NIPM) has conferred its `Lifetime Achievement Award' on Dr G.C. Gopala Pillai, Managing Director of the Kerala Industrial Infrastructure Development Corporation.

The award is in recognition of Dr Pillai's contributions to the NIPM and the personnel management domain, says an official press release.
The award will be presented to him during the institute's next annual conference.
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Rajan Puri is new CFO at Tata AIG Life Insurance
Mumbai: Tata AIG Life Insurance Company Ltd has announced the appointment of Rajan Puri as its Chief Financial Officer.

Before joining Tata AIG Life, Puri completed a five-year stint with Star TV (Indian operations of the NewsCorp group) as its Senior Vice-President and Financial Controller. His experience of over 17 years also includes his association with PepsiCo and Network India (HCL group).
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