Draft DPDP Rules Diverge From Act’s Position On Data Flows: Trade Bodies
Nine trade bodies, including the Information Technology Industry Council and US-India Business Council, have raised concerns over the draft Digital Personal Data Protection (DPDP) Rules, stating they contradict the Act’s support for cross-border data flows.
Akshaykumar Chudasama Named Independent Director At Varroc
Varroc, a global Tier-1 automotive supplier, has announced the appointment of Akshaykumar Chudasama as an Independent Director on its Board of Directors, effective May 29, 2025.
Hinduja Global Named Venkatesh Korla Global CEO, Mahesh Nutalapati Global CFO
Hinduja Global Solutions (HGS) has announced the appointment of Venkatesh Korla as the new Global Chief Executive Officer and Mahesh Kumar Nutalapati as the new Global Chief Financial Officer, effective immediately.
Vikram Singh Mehta Appointed IndiGo Chairman, Succeeds Venkataramani Sumantran
InterGlobe Aviation, the parent company of IndiGo, has appointed Vikram Singh Mehta as the new Chairman of its Board.
Prashant Tripathy To Step Down As Axis Max Life MD & CEO
Prashant Tripathy will retire as Managing Director and Chief Executive Officer (MD & CEO) of Axis Max Life Insurance effective September 30, 2025.
Vinod Jain Steps Down As CFO Of Diamond Power And Infrastructure
Diamond Power and Infrastructure Limited announced that its Chief Financial Officer (CFO), Whole-Time Director, and Chief Risk Officer, Vinod Jain, has resigned, citing unavoidable circumstances, effective May 27, 2025.
SEBI Bans Former IndusInd CEO & Four Others For Insider Trading
The Securities and Exchange Board of India (SEBI) has barred former IndusInd Bank CEO Sumant Kathpalia and four other current and former senior executives from dealing in securities.
ICCA Appoints M.L. Agarwal As First Indian Chairman Since 1961
M.L. Agarwal, Chairman of Central India Packaging, has been elected Chairman of the International Corrugated Case Association (ICCA) Board of Directors at the recently held ICCA Global Summit in Osaka, Japan.
Sanjeev Bikhchandani Reappointed As Executive Vice Chairman Of Info Edge (India); Hitesh Oberoi Continues As MD & CEO
Sanjeev Bikhchandani has been reappointed as Executive Vice Chairman and Whole-Time Director of Info Edge (India) Limited, effective April 27, 2026.
Stellantis Welcomes Antonio Filosa As CEO
Stellantis has appointed Antonio Filosa as its new Chief Executive Officer (CEO) with effect from June 23, 2025, ending its leadership search following the resignation of Carlos Tavares in December last year.