R. Venkataraman Takes over As MD Of IIFL Capital; Rekha Warriar Appointed Chairperson
R. Venkataraman has been appointed as the Managing Director and Key Managerial Personnel of IIFL Capital Services Limited w.e.f. March 22, 2025, subject to requisite regulatory and shareholders’ approval.
Amrendra Singh Takes Over As Head Of ECM At SBI Capital Markets
SBI Capital Markets has appointed Amrendra Singh as the new head of equity capital markets, replacing Deepak Kaushik.
Dr Archana Majumdar Retires As Independent Director Of MOIL
Dr Archana Majumdar retires as an Independent Director of Moil Limited on the completion of her tenure with effect from March 23, 2025.
Grant Thornton To Investigate IndusInd Bank’s Rs 1,580 Crore Accounting Discrepancy
IndusInd Bank has appointed Grant Thornton to conduct a forensic review of the Rs 1,580 crore discrepancies detected in its derivatives portfolio earlier this month.
Chanchal Chadha Phadnis Concludes Her Term As Independent Director Of Gravita India
Chanchal Chadha Phadnis ceased to be the Independent Director of Gravita India Limited with effect from March 23, 2025, upon the completion of her tenure.
Subramanian Sarma Promoted To Deputy Managing Director & President Of L&T
Larsen & Toubro (L&T) has appointed Subramanian Sarma as Deputy Managing Director and President, effective April 02, 2025.
Rahul Bhave Appointed As Managing Director Of IFCI
The government has appointed Rahul Bhave as the Managing Director and Chief Executive Officer (MD & CEO) of IFCI for a three-year term.
Ajit Tekchand Vaswani To Retire As Independent Director Of Zensar Technologies
Ajit Tekchand Vaswani, Independent Director of Zensar Technologies Limited, will retire upon the completion of his tenure, effective March 31, 2025.
Jindal Stainless CFO Anurag Mantri Resigns
Anurag Mantri has resigned as Executive Director and Group Chief Financial Officer (CFO) of Jindal Stainless Limited (JSL) and will step down on April 04, 2025.
Government Considering Common Regulatory Framework For Pension Products
The government is working on a common regulatory and supervisory framework for all retirement financing schemes, including a grievance redressal mechanism.