B.S. Nagesh Retires; Nirvik Singh Appointed As Chairman Of Shoppers Stop
Shoppers Stop Chairman B.S. Nagesh retires, ending a 34-year association. The Board has appointed Nirvik Singh as the new Chairman.
Neeraj Gambhir Appointed As Executive Director Of Axis Bank; Arjun Chowdhry Set To Retire
Axis Bank has approved the appointment of Neeraj Gambhir as Executive Director, effective August 4, 2025.
Suresh Vaswani Reappointed As Independent Director Of Mastek
Suresh Vaswani has been reappointed as an Independent Director of Mastek Limited with effect from December 11, 2025, subject to the approval of the shareholders.
Varroc Engineering Appoints Padmanabh Sinha As Independent Director
Varroc Engineering Limited has appointed Padmanabh Sinha as Non-Executive Independent Director (Additional Director), effective July 18, 2025, subject to shareholder approval.
Dr. Kandiraju Venkata Sitaram Rao To Step Down As Joint MD & CEO Of Granules India
Dr. Kandiraju Venkata Sitaram Rao will step down from the position of Joint Managing Director (MD) and Chief Executive Officer (CEO) of Granules India Limited, effective July 31, 2025.
Sumit Dhawan Joins Moody’s Board Of Directors
Moody’s Corporation has appointed Sumit Dhawan to its Board of Directors, effective July 16, 2025.
Piergiorgio Peluso To Replace Adrian Calaza As Telecom Italia CFO
Piergiorgio Peluso, currently the Chief Financial Officer of Autostrade per l’Italia, will take over as CFO of Telecom Italia (TIM) next month, two sources told Reuters.
Elon Musk’s X Faces Complaints In EU Over Use Of Sensitive Data In Ads
Elon Musk’s platform X, formerly Twitter, is under scrutiny after nine civil society organisations filed complaints with the European Commission and France’s media regulator, Arcom.
UK Regulator FRC Finds Half Of BDO Audits Below Expected Standards
The UK audit regulator, the Financial Reporting Council (FRC), has criticised BDO for its audit quality, stating that its work “significantly fell short of expectations”.
EMA Urges Regulatory Updates Amid Rising AI Use In Medicines Oversight
In its first annual report from the artificial intelligence (AI) Observatory, the European Medicines Agency (EMA) has urged a review of existing regulatory processes to reflect the growing role of artificial intelligence in medicines regulation.