Cabinet secretary, BK Chaturvedi's tenure extended
New Delhi: B.K. Chaturvedi has been given a year's extension as the Union cabinet secretary. An order to this effect has been issued by the Government following the decision of the appointments committee of the cabinet chaired by the prime minister.

Chaturvedi, was due to retire on June 13.

Chaturvedi, an IAS officer of 1966 batch from Uttar Pradesh cadre, was appointed Cabinet Secretary on June 14, 2004.
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Sahara MF chief, Rajiv Shastri, resigns
Kolkata: Rajiv Shastri, CEO of Sahara Mutual Fund, has put in his papers.

Shastri's previous assignment was as head - fixed income at ABN AMRO Asset Management (India).

Sahara MF, which came into being after a takeover of the erstwhile A C Muthiah-promoted First India MF, currently has five equity and four debt funds. Its asset base as on March 31 stood at Rs282 crore.

Recent past, another senior Sahara MF executive, Arindam Ghosh, who handled marketing functions, had also quit.
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