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ET had reported in March the IndusInd board has hired global executive search firm Egon Zehnder to assist in identifying candidates for both the CEO and deputy CEO roles. The firm is helping shortlist names and the bank plans to submit a list of three potential candidates to RBI once internal evaluations are complete.
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The president is due to hold a rally in Michigan, which is home to Ford, General Motors and Stellantis.
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The president said the move would give companies relief while they adjust their supply chains.
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