New Delhi, Apr 10 (PTI) Tata Opportunities fund Managing Partner Padmanabh Sinha will be the new Chairman of Indian Private Equity & Venture Capital Association (IVCA).

Renuka Ramnath, Founder, MD and CEO – ?Multiples Alternate Asset Management will be the Vice Chairman of IVCA.

“At a meeting of its Executive Committee, Gopal Srinivasan, the outgoing Chairman of the IVCA, announced its new office bearers,” IVCA said in a release.

For the coming couple of years IVCA is planning to promote on-shoring of offshore pools of capital through its advocacy for GST rebates for deemed export of services.

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Taj Hotels Palaces Resorts Safaris ties up Diversey * IHCL’s brand Taj Hotels Palaces Resorts Safaris today announced a partnership with sustainable solutions player Diversey.

“Their advance laundry system will help conserve water and electricity while also improving productivity,” the brand said in a statement.

The programme resulted in significant savings such as five million litres of water, 26,000 kilowatts of electricity, 1,47,000 kilograms of steam and 1,800 man hours.

This is published unedited from the PTI feed.