U.S. CEO Pay Climbs Nearly 6% To USD 17.7 Million In 2025: AP Survey
CEO pay at major U.S. public companies increased significantly in 2025, with the typical package rising nearly 6% to USD 17.7 million, according to the Associated Press’ annual CEO Compensation Survey.
Walmart Leadership Shake-Up Continues As Two Senior Executives Exit Under New CEO
Walmart is undergoing further leadership reshuffles in less than four months after John Furner took over as Chief Executive, with two top executives departing amid the company’s ongoing retail and e-commerce expansion.
IFRS Foundation And GRI Strengthen Partnership To Harmonise Sustainability Reporting Standards
The IFRS Foundation and the Global Reporting Initiative (GRI) have reaffirmed their commitment to aligning sustainability reporting standards, aiming to create a more seamless, comprehensive and globally consistent reporting framework.
U.S. Labor Department Urges Employees To Report DEI Policy Violations
The U.S. Department of Labor (DOL) has directed its employees to report any activities that may violate the Trump administration’s restrictions on diversity, equity and inclusion (DEI) initiatives.
UK Signals Opposition To Any Increase In Bharti’s Stake In BT
The UK government is reportedly opposed to any move by Indian billionaire Sunil Bharti Mittal’s Bharti Enterprises to increase its stake in BT Group beyond its current 24.95% holding.
Santosh Kumar Mohanty Appointed As Public Interest Director On Governing Board Of Multi-Commodity Exchange Of India
Santosh Kumar Mohanty has been appointed as Public Interest Director (PID) on the Governing Board of Multi-Commodity Exchange of India Limited, with effect from May 28, 2026.
Ashok Leyland Appoints K.M. Balaji As CFO & Whole-Time Director
Ashok Leyland appointed K.M. Balaji as Chief Financial Officer (CFO) and Whole-Time Director for a two-year term starting May 28, 2026, subject to shareholder approval.
Saugata Basuray Appointed As Managing Director Of Castrol India
Castrol India Limited appointed Saugata Basuray as Managing Director (MD) for a five-year term starting June 1, 2026.
Rujuta Prakash Jagtap Reappointed As Independent Director Of Praj Industries
Rujuta Prakash Jagtap has been reappointed as an Independent Director of Praj Industries Limited, with effect from August 21, 2026, subject to the approval of shareholders.
Rajesh Kumar Acharya Succeeds Avinash Hariharno As CFO Of Simplex Castings
Rajesh Kumar Acharya has been appointed as the new Chief Financial Officer (CFO) of Simplex Castings Limited, with effect from May 28, 2026.
