World

Russia cancels visa-free travel for Japanese to disputed islands

Sep 06, 2022

Moscow (Russia), September 6: Russia has terminated an agreement with Tokyo on facilitating visits by Japanese citizens to the four disputed Pacific islands, a government order showed on Monday.
The agreement dating back to 1999 allowed former residents and their family members of the islands, known as the Southern Kurils in Russia and the Northern Territories in Japan, to visit the Russia-controlled islands without a visa.
The Russian Foreign Ministry announced its intention to end the visa-free trips in March in response to Japan's anti-Russian sanctions over the situation in Ukraine.
Source: Xinhua

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IIFL Securities Appoints Nemkumar as Managing Director

Mumbai (Maharashtra) [India], May 11: IIFL Securities Limited, a leading financial services house, today said that it has appointed Nemkumar H, whole-time director on the Board, as the Managing Director with effect from May 15, 2024 for a period of 5 years. R. Venkataraman is currently the Chairman and Managing Director of the company. His tenure as Managing Director is due to expire on May 14, 2024. Venkataraman has decided not to seek renewal of his term as Managing Director. However, Venkataraman shall continue as the Chairman & Non-Executive Director on the Board of the Company. The Board believes that the separation of the posts of Chairman and Managing Director is better aligned with good corporate governance standards.

May 11, 2024