Guidelines issued by Sebi to combat market rumours
Listed companies must confirm, deny, or clarify any media-reported information that causes significant price movement in their shares. Stock exchanges will provide a framework for identifying these material price movements.
Vijay Chopra ceased to be Independent Director of IIFL Finance
Vijay Kumar Chopra, an Independent Director of IIFL Finance Limited, completed his term on May 20, 2024.
Tata’s biggest green steel project, Port Talbot, receives a grid connection
National Grid has confirmed a new connection offer to support the installation of a 3.2 million-tonne electric arc furnace at Tata Steel's Port Talbot steelworks, marking a significant step in the company's emission reduction plans.
City Union Bank’s Credit Head Mahesh Rajaraman Resigned
Mahesh Rajaraman, Head Credit of City Union Bank Limited has tendered his resignation from the post due to personal reasons.
Two auditors in Reliance Commercial Finance case are fined Rs 2.5 crore by NFRA
The National Financial Reporting Authority (NFRA) has imposed penalties totalling Rs 2.5 crore on two auditors for professional misconduct and auditing lapses related to the Reliance Commercial Finance case for FY 2018-19.
Sundaram Brake Linings’ Company Secretary Sathyan Rao Resigned
On May 20, 2024, Sathyan Yeshwantha Rao tendered his resignation from the post of Company Secretary and Compliance Officer of Sundaram Brake Linings Limited with effect from May 28, 2024.
V.I.P. Industries’ VP Anup Sur Resigned
Anup Sur, Vice-President of Demand Planning, IT and Systems at V.I.P. Industries Limited has resigned on May 20, 2024.
Ketaki Bhagwati Appointed Independent Director Of Kotak Mahindra Bank
Ketaki Bhagwati has been appointed an Independent Director for four years at Kotak Mahindra Bank, with effect from May 18, 2024.
Wipro’s COO Amit Choudhary steps down, Sanjeev Jain Takes Over
Wipro Ltd. announced on Friday that its Chief Operating Officer, Amit Choudhary, is stepping down.
TCS’ COO and ED Ganapathy Subramaniam Retired
The term of N. Ganapathy Subramaniam, Chief Operating Officer and Executive Director (COO & ED) of Tata Consultancy Services Limited, ended on May 19, 2024.