Mumbai, Jan 28 (PTI) South-based private sector lender Federal Bank Monday said it has appointed Dilip Sadarangani as the part-time chairman. Also Read - Ladakh Standoff: India-China to Hold 9th Round of Talks of Military Talks Today | What to Expect

The appointment of Sadarangani, who has been on the bank’s board since 2013, has been cleared by the Reserve Bank as well, it said in a statement Monday. Also Read - FA Cup Roundup: Manchester City Beat Cheltenham 3-1; Arsenal Knocked Out After Shock Loss Against Southampton

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Edelweiss AMC to manage debt ETF

Edelweiss Asset Management has been appointed as the asset manager for the proposed debt exchange traded fund (Debt ETF) catering to the borrowing needs of state-run enterprises and other public sector entities.

Edelweiss has won the mandate and will launch the Debt ETF in the coming months, an official statement said Monday, adding the product could be a better alternative to fixed deposits and other traditional small saving investments.

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Vodafone Idea partners with Sun TV’s OTT for Southern focus Largest telco Vodafone Idea as partnered with Sun TV’s over the top (OTT) platform SunNxt for strengthening its Southern content offering.

SunNxt caters to Tamil, Telugu, Kannada and Malayalam audiences having over 50,000 hours of content and will be made accessible to Vodafone Idea customers, an official statement said Monday.

This is published unedited from the PTI feed.