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Business Management

CFOs On the Move: Week Ending February 14

Eoin Tonge

Eoin Tonge will be signing up for United kingdom retail giant Marks and Spencer in June as chief economic officer. Tonge has been CFO of ease foods manufacturer Greencore Team considering the fact that 2016. Before his CFO position, he was the running director of the grocery small business and was earlier the chief strategy officer at Greencore. David Surdeau, at the moment interim CFO, will continue to be with the company to guidance the transition. Surdeau took over for CFO Humphrey Singer, who stepped down after eighteen months in the position.

Personal label packaged foods company TreeHouse

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Business Express

Lakshmi Vilas Bank surges 41% in a week on report US fund house eyes stake

Shares of Lakshmi Vilas Bank were locked in 5 for every cent upper circuit at Rs twenty.90 on the BSE on Wednesday immediately after stories emerged stating that a US fund home is eyeing a huge stake in the cash-strapped bank.

The non-public sector lender’s stock has been frozen upper circuit for the fourth straight day. In the past week, the stock has rallied 41 for every cent in opposition to 1 for every cent rise in the S&P BSE Sensex.

The buying and selling volumes on the counter just about doubled with a combined 726,846 shares transforming fingers on

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