Tesla shareholders To Oppose CEO Elon Musk’s $56 billion compensation package
A coalition of Tesla Inc. shareholders is urging fellow investors to reject a $56 billion pay package for CEO Elon Musk at the company’s annual meeting on June 13.
Norway’s Wealth Fund to vote against Exxon Chairman and Director
Norway's $1.6 trillion sovereign wealth fund announced on Friday that it will vote against the reappointment of Joseph Hooley, lead Independent Director of ExxonMobil, due to the company's lawsuit targeting climate activist investors.
A BlackRock whistleblower files a lawsuit after getting fired
BlackRock is being sued for $20 million by former vice president Hamdan Azhar, who claims he was fired for objecting to a colleague's self-dealing and shutting down a search engine that monitored client discussions about illegal investments, including those in China.
JK Lakshmi Cement Appoints Shwetambara Shroff Chopra as Independent Director
On May 23, 2024, the Board of Directors of JK Lakshmi Cement Limited approved the appointment of Shwetambara Shardul Shroff Chopra as an Additional Director in the category of Independent Director for three years, with effect from July 2024.
SEBI proposes to make ESG disclosures easier for listed companies
The Securities and Exchange Board of India (SEBI), the market regulator, has recommended steps to facilitate Environmental, Social, and Governance (ESG) disclosures by listed firms and their value chain partners.
Independent Director of Enkei Wheels (India) Haresh Shah Retired
The tenure of Haresh Shah and Satyavara Prasad Garimella as Independent Directors of Enkei Wheels (India) Limited expired on May 22, 2024.
IRDAI Introduces New Corporate Governance Guidelines for Insurers
The Insurance Regulatory and Development Authority of India (IRDAI) has issued a master circular outlining new operational and procedural guidelines for insurers.
Manaksia Coated Metals & Industries’ CEO Rajendra Kumar Lodhi Resigned
Rajendra Kumar Lodhi resigned from the post of Chief Executive Officer (CEO) of Manaksia Coated Metals & Industries Limited and accordingly resigned from the company with effect from May 23, 2024, due to personal reasons and obligations.
Grasim Industries Appoints Ashvin Parekh & Haigreve Khaitan as Independent Directors
On May 22, 2024, the Board of Directors of Grasim Industries Limited approved the appointments of Ashvin Parekh and Haigreve Khaitan as Independent Directors for five years, with effect from August 23, 2024, and September 26, 2024, respectively.
SBI Life’s Dy CEO Srinivasan to lead SBI DFHI Limited as MD & CEO
SBI Life Insurance Company Limited’s Deputy Chief Executive Officer (Dy. CEO), Veeraraghavan Srinivasan, is being posted as Managing Director and CEO of SBI DFHI Limited.
