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Bandhan Bank inducts two new members on its board

Bandhan Bank inducts two new members on its board

Finance
has inducted former International Finance Corporation executive Subrata Dutta Gupta and former executive Suhail Chander on to its board. They have joined as additional independent directors and will become independent directors once the bank's shareholders approve the appointment in the next annual general meeting. Bandhan board has now 15 members and includes HR Khan, who was Reserve Bank of India's deputy governor between 2011 and 2016. Dutta Gupta retired from IFC as principal financial officer. He had earlier served as the managing director of BHW Birla Home Finance and worked with SREI International Finance. He is at present on the board of Joyville Shapporji Housing Finance as a nominee director of the Asian Development Bank, Bandhan Bank said in a statement. Chander was head of c...
Space Force members to be known as ‘guardians’

Space Force members to be known as ‘guardians’

Business
Dec. 18 (UPI) -- Service members enlisted in the U.S. Space Force will be known as guardians, Vice President Mike Pence said Friday during a ceremony marking the one-year anniversary of the newest branch in the military. "Soldiers, sailors, airmen, Marines and guardians will be fending our nation for generations to come," he said during the event at the Eisenhower Executive Office Building. Advertisement "On behalf of your commander-in-chief, let me urge each and every one of you guardians to keep pushing. Keep pushing. Keep pushing the vision and the mission of the United States Space Force, which is to ensure that America remains as dominant in space, and from space, as we are on land and sea and air." The Space Force, currently under the U.S. Air Force, was established in 2019 as a pla...
Military searchers sunken amphibious assault ship, remains of service members

Military searchers sunken amphibious assault ship, remains of service members

Business
Aug. 4 (UPI) -- The Navy and Marine Corps have found the amphibious assault vehicle that sank off the coast of California last week -- as well as the remains of those killed in the incident. The services used a remotely operated search and rescue system to find the vehicle, which sank July 30 during a training exercise, killing eight Marines and a Sailor. Advertisement According to the Marines, the Navy, Marine Corps and Coast Guard ships and aircraft had been working together to find the vessel. On Monday officials using a Sibitzky Remotely Operated Vehicle, used for undersea search and rescue, found the location of the AAV and identified human remains on board. There were 16 service members -- 15 Marines and one Sailor -- aboard when the vessel sank. One Marine rifleman was pronounced d...
Esper: Nation grieves over 9 service members killed in training

Esper: Nation grieves over 9 service members killed in training

Business
Aug. 3 (UPI) -- Secretary of Defense Mark Esper said Monday the United States grieves the deaths of eight Marines and a Sailor who were killed over the weekend when their amphibious assault vehicle sank off the coast of California's San Clemente Island. "A grateful nation and the Department of Defense grieves the tragic loss of the Marines and Sailor lost in the amphibious assault vehicle accident off the coast of San Clemente Island," Esper said in a statement. "Our prayers and condolences are with the family and friends of these brave young men." Advertisement Only one body has been recovered and the other service members are presumed dead after an extensive 40-hour search was called off and became a recovery mission on Sunday after the vessel sank with 15 Marines and one Navy sailor on...
Number of COVID-19 cases among military service members doubled in June

Number of COVID-19 cases among military service members doubled in June

Business
July 2 (UPI) -- The number of cases of coronavirus among active-duty military personnel has more than doubled in the past three weeks, according to information published by the Department of Defense. As of Wednesday, 6,493 U.S. service members currently have the virus -- up from 2,807 on June 10. Advertisement The number of cumulative cases listed on the departments's website Thursday was 12,521, up from 6,864 cumulative cases on June 3. The Army has surpassed the Navy in terms of the number of cases, with 3,836 as of Thursday, compared to 3,662. COVID-19 has claimed the lives of three service members since the pandemic began. According to Johns Hopkins University's running totals, there have been at least 2.7 million cases of COVID-19 in the United States, with 128,651 deaths. Pentagon o...