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Mayank Prakash Steps Down From BPDTS Ltd’s Board Of Directors

BPDTS Ltd’s Mayank Prakash has stepped down as the non-executive director of the company, BPDTS Ltd said on Monday (7).

Earlier, the BPDTS board in December had marked the departure of Mayank Prakash, one of the company’s founding directors.


Thanking Mayank for his contributions, chair of the BPDTS Ltd board, Helen John, said, “Mayank was hugely committed to creating a successful partnership between DWP Digital and BPDTS. I’m sure that without him, there would be no BPDTS, and we wish Mayank all the best for the future.”

Valerie Gordon-Walker has been appointed as a BPDTS Ltd non-executive director for a five-year term. Recently named by Cranfield as one of the FTSE 100 Women to Watch, Valerie Gordon-Walker is a former managing director, executive committee member and group head of human resources. During her executive career, she has worked at complex, global multinational organisations including Barclays, BP, West LB and Marks and Spencer.

BPDTS Ltd is a new digital technology company which has been set up to provide specialist digital technology services to the department for work and pensions (DWP) in the UK.

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  • IndusInd Bank officially denies any ongoing discussions with strategic partners.
  • Shares jumped 3 percent to Rs 873 following initial reports of investor search.
  • Hinduja Group urges regulators to raise promoter stake cap from 15 to 40 percent.
IndusInd Bank on Thursday firmly denied reports suggesting the lender is in discussions to bring in a strategic partner, distancing itself from statements attributed to its top shareholder.

"There is no discussion of this nature underway with anyone in the bank," told the bank. The Economic Times had quoted Ashok Hinduja, chairman of IndusInd International Holdings (IIHL), stating that the UK-based Hinduja Group was seeking a strategic partner with global expertise to acquire a minority stake.

The report sparked a sharp rally in IndusInd Bank shares, which rose more than 3 percent to Rs 873 (£7.28), reaching their highest level in nearly three weeks.

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