SEC Disbands Climate and ESG Enforcement Task Force Amid Industry Pushback and Legal Challenges
he Securities and Exchange Commission (SEC) has reportedly disbanded its Climate and ESG Enforcement Task Force, which was a key part of SEC Chair Gary Gensler’s initiative to improve investor access to environmental, social, and governance (ESG) data from public companies and registered investmen
Norfolk Southern CEO Alan Shaw Fired Because Of ‘Consensual Relationship’ With Legal Officer of Indian Origin
Norfolk Southern has terminated Chief Executive Officer (CEO) Alan Shaw and Chief Legal Officer Nabanita Nag following an investigation into a consensual relationship between the two.
China Imposes Six-Month Ban and Fines PwC Over $56 Million for Evergrande Audit Failures
Chinese authorities have imposed a six-month ban on PwC and fined the firm over 400 million yuan (USD 56.4 million) for its involvement in the audit of collapsed property developer Evergrande.
Regulatory Body Finds Vodafone And Three Merger Would Raise Prices, Seeks Remedies
The UK’s competition watchdog, the Competition and Markets Authority (CMA), has raised concerns about the proposed merger between Vodafone and Three UK, owned by CK Hutchison.
A New Audit Quality Benchmark Is Approved By SEC Despite Republican Objections
On Monday, the U.S. Securities and Exchange Commission (SEC) approved new accounting standards proposed by a watchdog agency, aimed at addressing concerns over poor-quality audits.
Kotak Mahindra Bank Appoints Jaideep Hansraj As Whole-time Director
The Board of Kotak Mahindra Bank Limited has appointed Jaideep Hansraj, Group President – One Kotak, as an Additional Director and a Whole-time Director and a Key Managerial Personnel of the Bank, for three years, with effect from the date of receipt of all the regulatory and statutory approvals,
Goodyear India Appoints Santosh Kumar As Whole-Time Director
The Board of Directors of Goodyear India Limited on September 12 has approved the appointment of Santosh Kumar as Whole Time Director and Key Management Personnel (KMP) with effect from November 1, 2024, for a period of five years.
Kolte-Patil Developers’ Independent Director Jayant Pendse Retired
Jayant Pendse has completed his second and final term of five years as an Independent Director and consequently ceased to be a Director of Kolte-Patil Developers Limited w.e.f. September 12, 2024.
Suryalakshmi Cotton Mills Appoints R. Surender Reddy As Non-Independent Director & Aruna Prasad As Independent Director
The Board of Directors of Suryalakshmi Cotton Mills Limited has appointed R. Surender Reddy as a Non-Executive Non-Independent Director. Also appointed Aruna Prasad as a Non-Executive Independent Director for a period of five years.
Hatsun Agro Products Appoints J. Shanmuga Priyan As MD
The Board of Directors of Hatsun Agro Products Limited has approved the appointment of J. Shanmuga Priyan as an Additional Director designated as the Managing Director (MD) and Key Managerial Personnel (KMP) for five years w.e.f. September 12, 2024.
