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SCMB former Deputy CEO on Indu Board

HYDERABAD: Indu Projects Ltd., a Hyderabad-based infrastructure development company, has appointed A. J. Jagannathan, Deputy CEO of Standard Chartered Merchant Bank (south Asian operations), as a new director on its board. Mr. Jagannathan, who was also a former CEO of Emaar Properties PJSC of Dubai, will help the company in policy formulation in business orientation, choice of business mix, partnerships for technology sharing and joint ventures besides domain expertise.

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