A MCA should develop a policy for reviewing mature start-ups to ensure compliance with corporate governance : Ajay Tyagi
Following the fiasco involving edtech major Byju's, former SEBI Chairman Ajay Tyagi made a strong recommendation that the MCA step in to put in place a codified review of the mechanism on the corporate governance compliances of certain mature start-ups.
Rajat Verma appointed MD and Head of Institutional Banking at DBS Bank
DBS Bank India announced the appointment of Rajat Verma as managing director and head of Institutional Banking on June 26th June 2023.
Prakash A Mody Reappointed as Chairman and MD of Unichem Laboratories Ltd
Unichem Laboratories Ltd announced the reappointment of Prakash A Mody as Chairman and Managing Director of the company on June 26, 2023.
Hester Bio appoints Anil Jain and Jatin Trivedi as Independent Directors
Hester Biosciences Ltd has appointed Mr. Anil Jain and Mr. Jatin Trivedi as Additional Directors (Non-executive and Independent) effective from June 26, 2023, pending member approval.
Byju’s Board members resigned after shareholding fell below minimum threshold
Soon after representatives from Peak XV Partners , Prosus and the Chan Zuckerberg Initiative confirmed their departures from Byju's board, the edtech firm issued a statement saying it has been in 'constructive discussions' with investors on board reconstitution, including the induction of independen
PwC Australia will sell its government business for A$1 and recruit a new CEO
PwC Australia signed an exclusive contract with the private equity company Allegro Funds on 25th June to sell its government practice for A$1, as it hired a Singaporean executive to lead the local firm through the repercussions from a nationwide crisis.
Concor appoints RC Paul Kanagraj as Independent Director
Container Corporation of India Ltd has appointed R.C. Paul Kanagaraj as a Non-Official Independent Director on their Board. Kanagaraj is a Practicing Advocate at Chennai High Court with 34 years of experience. He has held various leadership positions, including four terms as President of the Madras
F.T.C. accuses Amazon of misleading users into purchasing to Prime
The Federal Trade Commission filed a lawsuit against Amazon on Wednesday, the FTC's most aggressive move against the firm to date under the leadership of Lina Khan.
Malaysia will sue Meta for hosting “undesirable” content
Malaysia declared on Friday that it would sue Facebook parent company Meta for refusing to remove "undesirable" material,
Ranjitsinh B. Barad resigns from Adani Ports and SEZ Board
Adani Ports and Special Economic Zone Ltd has announced the resignation of Director Ranjitsinh B. Barad on 23rd June 2023.
