Feroze Azeez Elevated to Joint CEO at Anand Rathi Wealth

11 Apr 2025 CW Team

Anand Rathi Wealth Limited has announced the elevation of Feroze Azeez to the position of Joint Chief Executive Officer, effective April 10, 2025. The appointment is in accordance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Azeez, who previously served as the Deputy CEO, has been recognised for his exceptional leadership and significant contributions to the company鈥檚 growth. In line with Section 203 of the Companies Act, 2013, he will also serve as one of the Key Managerial Personnel of the company.

A seasoned professional with over 21 years of experience in the BFSI sector, Azeez holds a Post-graduate Diploma in Management with a specialisation in Derivatives and Finance from SDM Institute for Management Development, and a Bachelor鈥檚 degree in Mechanical Engineering from the University of Mysore. His prior experience includes leadership roles at ABN AMRO Bank NV and Religare Macquarie Private Wealth.

Anand Rathi Wealth Limited, a prominent AMFI-registered mutual fund distributor, stated that this promotion reflects the company鈥檚 commitment to recognising internal talent and reinforcing its leadership team for future growth.

(BSE)

Infrastructure Urban

16 Jun 2025

MoHUA Plans New Role for Smart City SPVs

In a significant policy move, the Ministry of Housing and Urban Affairs (MoHUA) has issued an advisory encouraging the continued use and repurposing of Special Purpose Vehicles (SPVs) formed under the Smart Cities Mission (SCM). This marks a step toward sustaining urban transformation by leveraging institutional capabilities and infrastructure developed over the past decade.Initiated in 2015, the Smart Cities Mission introduced a new era of urban planning in India, with each of the 100 selected cities forming SPVs under the Companies Act, 2013. These entities, jointly owned by state government..

Infrastructure Urban

16 Jun 2025

ADB Approves $110 Million Loan to Boost Skills in Gujarat

The Asian Development Bank (ADB) has approved a USD 109.97 million (Rs 9.27 billion) results-based loan to support Gujarat鈥檚 efforts to become a global industrial hub by developing a future-ready, skilled workforce.The funding will back the Gujarat skills development programme, led by the Department of Labour, Skill Development and Employment in collaboration with Kaushalya: The Skill University (KSU). The initiative aims to equip the workforce with advanced, industry-aligned skills to meet rising employment demand in high-growth sectors.According to ADB, the programme seeks to strengthen in..

Infrastructure Urban

16 Jun 2025

SDAL Tests Rudrastra UAV and Bhargavastra Defence System

Solar Defence and Aerospace Limited (SDAL) has successfully completed a key flight test of its indigenous Hybrid VTOL UAV Rudrastra at the Pokharan Firing Range, aligning with Indian Army performance benchmarks for mission adaptability, high endurance, precision engagement, and vertical take-off and landing (VTOL) capability.The trial marks a notable achievement in India鈥檚 Aatmanirbhar Bharat initiative, underscoring advancements in home-grown military technology. The Rudrastra UAV demonstrated a mission radius exceeding 50 km with uninterrupted video relay, a total operational range of over..