Bira 91’s Ankur Jain steps down; Data centre safety under review

Ankur Jain has stepped down from the board of B9 Beverages, the maker of Bira 91, after reaching a settlement with institutional shareholders and lenders, resolving a two-year dispute. Jain will relinquish executive powers but will be freed from personal liabilities linked to the company, which is set to undergo recapitalisation over the next 3-6 months. This development follows a recent fire at a New Delhi data centre, prompting a review of data centre safety policies across the sector.

Read the source (ET Tech)

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