A Court Ruling Suspends Petrobras Chairman Amid Allegations of Conflicts of Interest
A court ruling in São Paulo has suspended Pietro Mendes, the government-appointed Chairman of Petroleo Brasileiro SA, citing alleged conflicts of interest.
Commodity Trader Trafigura’s CEO Jeremy Weir starts the transition process
According to a Reuters exclusive, Jeremy Weir, the long-serving CEO of commodities trader Trafigura, is grooming Richard Holtum as his successor for the chairman role, as revealed by five sources familiar with the matter.
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IFCI’s MD Manoj Mittal recommended for heading SIDBI, Manoj Shukla selected as MD of NHB
The Financial Services Institutions Bureau (FSIB) has recommended Manoj Mittal, Managing Director of IFCI, for the appointment as Chairman and Managing Director of SIDBI.
MSCI and LSE among 11 Companies in the race to register as ESG rating providers
Eleven companies, including New York-based index provider MSCI and financial services giant London Stock Exchange Group (LSE), have submitted applications to the Securities and Exchange Board of India (SEBI) to become Environmental, Social, and Governance (ESG) rating providers in India.
KEC International’s Independent Director A.T. Vaswani Resigned
The Board of Directors of KEC International has taken note of the resignation of A.T. Vaswani, Independent Director of the company, with effect from April 11, 2024.
Murali Ramakrishnan Appointed Independent Director at RBL Bank
The Board of Directors of RBL Bank Limited has approved the appointment of Murali Ramakrishnan as an (Additional) Non-Executive Independent Director with effect from April 11, 2024, for 4 years.
Finolex Industries’ CFO Niraj Kedia Resigns
The Board of Finolex Industries Limited, on April 11, 2024, accepted the resignation of Niraj Kedia from the post of Chief Financial Officer (CFO) and Key Managerial Personnel (KMP).
DCM Shriram secures Rs 100 crore in sustainable financing from Standard Chartered Bank
DCM Shriram announced on Wednesday that it had received Rs 100 crore in sustainable financing from Standard Chartered Bank to build the forthcoming compressed bio-gas project in Uttar Pradesh.