E-Commerce
E-Commerce
TREND | 22 Aug 2017
Business Standard
Realty firm Emaar India has appointed Snapdeal's Chief Strategy and Investment Officer Jason Kothari as independent director to strengthen its board and complete all its ongoing projects. It has also roped in Khaitan & Co partner Sudip Mullick as independent director on the board. Dubai-based Emaar Properties, which entered the Indian real estate market in 2005 in partnership with India's MGF Development, had in April last year decided to end the joint venture through demerger. Emaar had invested Rs 8,500 crore through this JV firm Emaar MGF Land. Emaar India has appointed Kothari and Mullick as company's independent director, sources said. When contacted, Emaar India spokesperson confirmed the development. "We at Emaar India, under the leadership of Emaar Dubai, believe that good corporate governance is essential for an organisation and leads to value creation for all its stakeholders," a company spokesperson said. "In order to meet such objective, the company has recently .
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