Business & Finance News

Sanjeev Gupta’s finance chief quits

Erwin Oropesa 1 day ago
Sanjeev Gupta

Sanjeev Gupta

Sanjeev Gupta’s finance chief is to quit after only 18 months in the job as the embattled steel tycoon hires crisis experts in a desperate bid to save his empire.

V Ashok, chief finance officer of GFG Alliance since October 2019, said he is stepping down for personal reasons and will be replaced by Dubai-based executive Deepak Sogani.

His surprise exit comes alongside the appointment of three new board directors to help GFG subsidiary Liberty Steel stay afloat after the collapse of its lender Greensill Capital, with thousands of British steel jobs hanging in the balance.

Staff are understood to have been told that Mr Ashok resigned to be with his family in India. The Covid outbreak in the country and associated travel restrictions meant he was unable to continue in the job.

Mr Gupta’s board is being beefed up by turnaround expert Jeffrey S. Stein, who will

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Biden Incorrectly Says No One Lost Insurance Underneath Obamacare

Erwin Oropesa 2 days ago

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Lake County Fairgrounds To Begin Offering Drive-Thru Vaccinations; ASPIRA Business & Finance High School In Logan Square Hosting Friday Vaccination Clinic

Erwin Oropesa 3 days ago

CHICAGO (CBS) — Chicago area residents have three new options for getting a COVID-19 vaccine.

Lake County’s health department said it will begin taking walk-ins on Saturday at the Lake County Fairgrounds vaccination site.

READ MORE: Chicago Weather: Severe Storms Move In With Potentially Damaging Winds, Risk Of Tornadoes

Any Illinoisans ages 16 and older, and anyone who works in Lake County can go from noon to 3 p.m. on Mondays, Fridays, Saturdays, and Sundays; or from 2 p.m. to 5 p.m. on Wednesdays.

You can also get the Johnson & Johnson single-dose vaccine at Chicago State University, which began offering drive-thru vaccinations on Thursday.

READ MORE: Chicago Public Schools CEO Janice Jackson Stepping Down At End Of June; Two Other Top Leaders Also Leaving

The site is open from noon to 6 p.m., Monday through Friday and 9 a.m. to 3 p.m. on Saturdays. No appointment is needed.

Meantime,

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