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Axis Bank Rises After CEO Shikha Sharma To Cuts tenure To Seven Months

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Axis Bank Rises After CEO Shikha Sharma To Cuts tenure To Seven Months 

Shares of the country’s third largest private lender rose as much as 3 percent to Rs 534.85 after its managing director and CEO Shikha Sharma wanted her new term to be reduced to seven months from three-year tenure that has been approved by the bank’s board.                                  

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Hindalco, NALCO Gain After U.S. Sanctions On Russian Tycoons

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Hindalco, NALCO Gain After U.S. Sanctions On Russian Tycoons Shares of Hindalco and NALCO rose as much as 5.2 percent on speculation that supply may be disrupted after the U.S. imposed sanctions against Russian oligarchs including Oleg Deripaska and his United Co. Rusal.