Lakshmi Kantam ceases from the board of Indo Amines Ltd
Lakshmi KantamMannepalli has concluded her tenure as an Independent Director at Indo Amines Limited effective end of business hours on May 25, 2023.
Illumina Chairman Removed in Proxy Battle with Carl Icahn
Illumina, the world's largest gene sequencing company, has witnessed a significant shakeup in its leadership following a proxy battle led by veteran activist investor Carl Icahn.
Credit Suisse ordered to pay $926M to ex-Georgian prime minister
In a significant legal blow to Credit Suisse, the bank has been ordered by a Singapore court to pay $926 million to Bidzina Ivanishvili, the former prime minister of Georgia.
Second Major Exit in a Week: WeWork CFO Resigns
WeWork's CFO, Andre Fernandez, is set to resign on June 1, according to an announcement by the company. Fernandez's departure comes less than a year after assuming the role and follows the recent exit of WeWork's CEO, Sandeep Mathrani.
Is Linda Yaccarino Facing Glass Cliff Challenge at Twitter?
Twitter's CEO, Linda Yaccarino, has stepped into a high-stakes role at the social media giant. An article published in American magazine “Wired” recentlymarked her as the latest victim of the glass cliff phenomenon.
R. Dinesh of TVS appointed CII President
During a meeting on May 25, the national council of the Confederation of Indian Industry (CII) elected new office-bearers for the fiscal year 2023-24. R. Dinesh, the Executive Vice-Chairman of TVS Supply Chain Solutions, has been appointed as the President of CII for 2023-24, taking over from Sanjiv
Wipro chairman chooses a 50% pay cut
Rishad Premji, Chairman of Wipro, a prominent IT company, has voluntarily decided to reduce his remuneration by nearly 50 percent for the fiscal year ending in March 2023.
Eclerx Services appoints Kapil Jain as MD & Group CEO
Kapil Jain has been appointed as Managing Director & Group CEO at Eclerx Services Limited for five consecutive years starting from May 25, 2023.
Emami Ltd appoints Sandeep K Sultania as the CS
Sandeep Kumar Sultania has recently taken on the role of Company Secretary (KMP) and Compliance Officer at Emami Limited. With the departure of A K Joshi, Sultania will assume these important responsibilities.
HGL appoints Rajiv Maliwal as Independent Director
Rajiv Maliwal has recently been appointed as an Independent Director (Additional Director) at Healthcare Global Enterprises Limited for a term of three years starting from May 25, 2023.
