No More Permanent Board Seats for the Promoters of Listed Companies
Promoter directors in India will no longer enjoy permanent board seats. As the new LODR (Listing Obligation and Disclosure Requirements) regulations have come into effect on 13th July 2023
National Fertilizers appoints U. Saravanan as Chairman and MD
Saravanan has been appointed as the new Chairman and Managing Director of National Fertilizers Limited on 16th June 2023.
N. S. Vishwanathan assumes charge as Chairman of Axis Bank
N.S. Vishwanathan takes over as the Non-Executive Chairman of Axis Bank effective 16th June 2023.
SEBI Mandates Top 100 Listed Companies to Verify or Dismiss Market Rumours
SEBI tightens disclosure rules for listed companies.
CS Veena Kamath resigns from Can Fin Homes
Veena G Kamath has resigned from the post of Dy. General Manager & Company Secretary (Key Managerial Personnel) at Can Fin Homes Limited effective September 16, 2023.
LT Foods Ltd appoints Satish C Gupta as Independent Director
Satish Chander Gupta has been appointed as an Additional Director in the capacity of an Independent Director at LT Foods Limited to be effective from 16th June 2023.
Aster DM Healthcare Ltd re-appoints Azad Moopen as MD
Azad Moopen has been re-appointed as Managing Director at Aster DM Healthcare Limited for a period of three years with effect from April 15, 2023.
RBI Deputy Governor Calls for Tighter Regulatory Oversight of Financial Institutions
MK Jain, the Deputy Governor of the Reserve Bank of India (RBI), has called for tighter regulatory oversight of financial institutions, emphasizing the need for a thorough examination of their business models.
Tech Mahindra appoints Mohit Joshi as MD
Tech Mahindra Ltd has appointed Mohit Joshi as their new Managing director on 15th June 2023.
Music Publishers Sue Twitter for $250 Million, Alleging Copyright Violations
Seventeen music publishers in the United States have taken legal action against Twitter, alleging that the platform facilitated copyright infringements involving approximately 1,700 songs.