Britain’s Financial Reporting Council fines KPMG for Audit Failure
Britain's accounting watchdog announced a fine of 1.46 million pounds ($1.90 million) imposed on KPMG for what it described as "basic failings" in its audit of advertising firm M&C Saatchi plc (SAA.L) in 2018.
Ramky Infrastructure’s CFO Chivukula Vasudev Resigns
The Board of Ramky Infrastructure Limited has accepted the resignation of Chivukula Vasudev as Chief Financial Officer and Key Managerial Personnel, with effect from March 4, 2024.
Delhivery’s CS Vivek Kumar Resigns
Vivek Kumar, Company Secretary, Compliance Officer, and Key Managerial Personnel (KMP) of Delhivery Limited, has tendered his resignation on March 4, 2024.
Eclerx Services Appoints Karolina Kocalevski As CMO
eClerx LLC, the wholly owned subsidiary of eClerx Services Limited in the United States of America, has appointed Karolina Kocalevski as Chief Marketing Officer (CMO) with effect from March 4, 2024, forming part of the senior management of the eClerx group.
Relaxo Footwears’ Whole-Time Director Deval Ganguly Resigns
Deval Ganguly, Whole-Time Director of Relaxo Footwears Limited, has resigned with effect from March 31, 2024.
Ken Yaguchi Appointed as President – Sasken Japan
Ken Yaguchi has been appointed as President, Sasken Japan Branch (Senior Management Personnel) at Sasken Technologies Limited, with effect from March 4, 2024.
CEO Bharath Uppilliappan Steps Down from Dr. Lal PathLabs
Bharath Uppilliappan, Chief Executive Officer and Key Management Personnel (KMP) of Dr. Lal PathLabs Limited, has resigned on March 3, 2024.
Audit Committee Meetings Should Not Be A Formality: NFRA Chairman
Ajay Bhushan Pandey, Chairman of the National Financial Reporting Authority (NFRA), highlighted the regulator's concern over instances where meetings between auditors and audit committees have become mere formalities, emphasising the need to rectify this practice.
Capacite Infraprojects Appoints Ankit Paleja as Independent Director
The Board of Directors of Capacite Infraprojects Limited has approved the appointment of Ankit Vikram Palejaas an Additional Independent Director for five years with immediate effect.
Half of Indian businesses think about BCDR once every three years, Survey
A survey by Think Teal, a prominent IT analyst firm, shows that many Indian businesses aren't taking their Business Continuity and Disaster Recovery (BCDR) planning seriously enough, despite the increasing use of digital technology.
