Indian American Raj Subramanian would be the new CEO (Chief Executive Officer) of FedEx. The US multinational courier service major made an announcement. The Indian American would replace Frederick W Smith, who will step down from this position on 1st June 2022.
- Adani Green Energy Shares Soar 7% as Arm Comisiones 57 MW Wind Power Component
- IRFC Shares Rally 3% on Emerging L1 for Banhardih Coal Block Financing
- Minda Corporation Shares Rally 5% on Plans to Acquire Stake in Flash Electronics
- Stocks Under F&O Ban: Hindustan Copper, RBL Bank, and Others
- Stocks in Focus: J&K Bank, IRFC, Adani Green Energy, Vodafone Idea, and Others
Raj Subramanian would replace Frederick W Smith, chairman and CEO, who will step down from this position on June 1. Smith will now be its executive chairman.