Shibu Soren gets life imprisonment
New Delhi: Former Union Minister and Jharkhand Mukti Morcha (JMM) chief, Shibu Soren (62) has been sentenced to life imprisonment for the murder of his secretary Shashinath Jha.. CBI had made a strong plea for awarding him capital punishment.

The tribal leader from Jharkhand was forced to quit as coal minister in the Manmohan Singh Government last week on his convictio. He also has to pay a fine of Rs 5 lakh that would go to the mother and two daughters of the victim Jha killed 12 years ago.

Soren was convicted by Additional Sessions Judge B R Kedia. A sixth-time member of Lok Sabha, Guruji, as Soren is called by his supporters, can retain his membership of the House if he goes in appeal against his conviction and sentence for which he has three months time.
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Pavan Dhamija to head Stanchart consumer finance biz
Mumbai: Pavan Dhamija ahs been appointed as chief executive officer (CEO) of Prime Financial India and head of consumer finance division by Standard Chartered Bank. Prime Financial is the brand under which the bank conducts its consumer finance business and was launched in India in late 2005.

Prior to the appointment, Dhamija was with GE Money, China, where he was operations director and part of the core team that built the GE consumer finance business.

In his new role with Stanchart, Dhamija will lead the Prime Financial business to build a strong franchise in India as a leading provider of financial solutions with a broad product suite.
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Sandip Das of Hutch joins Maxis as CEO
Mumbai: Sandip Das, deputy managing director of Hutchison-Essar, has resigned after a 13-year stint with the company to join the global operations of Malaysian telecom major Maxis Communications as CEO of the company.

Das would continue to work with the company for another month, serving his notice period, before he takes up the new assignment. The replacement at Hutchison would be announced shortly.

Sandip Das served in various capacities at Hutchison like regional head, executive director and chief executive officer of the company. He was named deputy MD in November 2004. The appointment was pursuant to a major rehauling of the company's top management structure.
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