Crompton Greaves Consumer Electricals has announced the appointment of Promeet Ghosh as its new Managing Director and CEO
Promeet Ghosh has been named the new Managing Director and CEO of Crompton Greaves Consumer Electricals. Ghosh, who has been a member of the company’s board since 2016, will assume his new role on May 1, 2023, and his term will run until April 30, 2028. Prior to this appointment, Ghosh spent t
CEO Humphries was dismissed without cause, says Cognizant
As per a regulatory filing, former CEO of Cognizant, Brian Humphries, was terminated without cause from his position, making him eligible for severance pay. His termination became effective on January 12, and he continued to serve as a special advisor until March 15. The company’s chairman, St
Mayank Holani, CFO Schneider Electric resigned
Mayank Holani, the CFO of Schneider Infrastructure has resigned from his position to pursue other opportunities outside the organisation effective from July 19, 2023. Holani is an accomplished and result-driven professional with over 20 years of experience in areas such as Accounts and Finance, Audi
Chambal Fertilisers appoints Anuj Jain as Company Secretary
Chambal Fertilisers & Chemicals Ltd. has appointed Anuj Jain as Company Secretary and Compliance Officer of the Company with effect from May 6, 2023. He is a fellow member of the Institute of Chartered Accountants of India and associate member of the Institute of Company Secretaries of India. He
Changes in the leadership team of IFB Industries
IFB Industries has announced changes in the leadership team. Ritesh Agarwal will join as Company Secretary and Compliance Officer effective from June 1, 2023. While Harsh Vardhan Sachdev has submitted his resignation from the position of CEO and Managing Director of the Engineering Division at the C
Issues with the MCA 21 site continue to vex compliance officers
Several company secretaries and chartered accountants (CAs) have complained about the MCA 21 portal on social media. They have stated that there have been technical issues with the portal delaying the downloading of certificates of free registrations, uploading of crucial documents, and completion o
Independent directors’ exits are up 14.5%
In FY23, the number of independent directors leaving company boards grew by 14.5%. According to a report in The Financial Express, 881 IDs left their jobs in India during the previous fiscal year. Due to corporate fraud and accounting irregularities, independent directors are under heightened scruti
Competition law reforms may be delayed due to the vacancies at CCI
The implementation of competition law reforms in India may have to wait due to delay in appointments to key positions at the Competition Commission of India (CCI). Although the Competition Amendment Act, 2023 was passed during Parliament’s budget session, the CCI has been without a chairman an
Virendra G. Bhatt resigns from the board of Compuage Infocom Ltd
Virendra G. Bhatt will step down from his role as Non-Executive Independent Director of Compuage Infocom Ltd. He has submitted his resignation effective from May 2, 2023.
Patra India MD Lakshmi Mukkavilliis the new Chief of CII IWN South
Lakshmi Mukkavilli has been designated as the chairwoman of CII Indian Women Network’s (IWN) southern region for the year 2023-24. She is the Managing Director of Patra India BPO Services Pvt Ltd. Lakshmi has a long-standing association with CII IWN, having previously served as the chairwoman
