Former financial services secretary Nagaraju Maddirala appointed IL&FS CMD for two years

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Nagaraju Maddirala, previously a financial services secretary, has been appointed Chairman and Managing Director of IL&FS. His appointment was confirmed by the Ministry of Corporate Affairs on October 12 following Nand Kishore's tenure. Maddirala will receive a monthly remuneration of Rs 5.5 lakh…