Independent Directors expressed concern over Paytm Payments Bank
During a period when the position of Corporate Boards is once again being questioned, Independent Directors on the Paytm Payments Bank Board have suggested that red flags were indeed raised regarding regulatory matters, albeit potentially after the optimal time.
Pfizer Reappoints Meena Ganesh as Independent Director
The Board of Directors of Pfizer Limited has reappointed Meena Ganesh as an Independent Director for a term of 5 years, with effect from March 8, 2024.
Excel Industries’ CEO N. R. Kannan Resigns
N.R. Kannan, Chief Executive Officer of Excel Industries Limited, has tendered his resignation due to personal and family reasons and will continue to serve until June 30, 2024.
Manoj Sonawala appointed Independent Director of Garware Hi-Tech Films
Mr. Manoj Sonawala has been appointed as Non-Executive Independent Director on the Board of M/s. Garware Hi-Tech Films Limited (GHFL), a BSE and NSE listed company and a leading manufacturer of specialty performance polyester film products.
Hercules Hoists Appoints Vivek Maru as Company Secretary
The Board of Directors of Hercules Hoists Limited has approved the appointment of Vivek Maru as the new Company Secretary, Compliance Officer and Key Managerial Personnel with effect from March 5, 2024.
Independent Directors of Wim Plast Pushpraj Singhvi and Mahendra Sundesha to Retire
Pushpraj Singhvi and Mahendra F. Sundesha have completed the current term as Independent Directors of Wim Plast Limited. Sumermal M. Khinvesra also completed the term as Non-Executive Director.
Bipin Kumar Appointed as Chief Information Officer at Fortis Healthcare
Bipin Kumar has been appointed as Chief Information Officer of the company, with effect from February 9, 2024.
Pennar Industries’ Independent Director B Kamalaker Rao Resigns
B. Kamalaker Rao has tendered his resignation from the post of Non-Executive Independent Director of Pennar Industries Limited, with effect from February 9, 2024.
Whistleblowers are buoyed by the Supreme Court’s UBS case
Companies in industries ranging from finance to airlines and consumer products will have a harder time defending themselves against whistleblowing employee retaliation claims after the US Supreme Court sided with a former UBS researcher who was fired.
Tim Wentworth Appoints Manmohan Mahajan as Finance Chief of Walgreen
Tim Wentworth, the CEO of Walgreens Boots Alliance, named Manmohan Mahajan as a finance chief and new head of its nascent healthcare division on Thursday as part of his plan to reverse a decline in the stock price.