Allcargo Logistics’ Non-Executive Independent Director M. K. Chouhan has retired
Mahendra Kumar Chouhan, Non-Executive Independent Director of Allcargo Logistics Limited, retired on February 10, 2024.
Aurobindo Pharma Appoints Deepali Joshi as Non-Executive Independent Director
The Board of Directors of Aurobindo Pharma Limited appointed Dr. Deepali Pant Joshi as an Additional Director (Non-executive and Independent), for a period of two years, with effect from February 10, 2024.
Bank’s Non-Executive Directors Remuneration Increased by RBI
The Reserve Bank of India (RBI) has raised the remuneration ceiling for Non-Executive Directors of banks up to 30 lakh rupees per year from 20 lakh annually previously.
IRDAI’s Debasish Panda hints at reducing the compliance burden on the insurance sector
From about 80 regulations now, India plans on having just 15-20 regulations in the insurance sector as it adopts a "principle-based" oversight architecture to reduce compliance burdens.
Adani Ports secures top ratings for climate actions
In assessments conducted by four global rating agencies, Adani Ports and Special Economic Zone Ltd. (APSEZ) has been rated highest for its climate actions and environmental performance. Moody's, S&P, CDP, and Sustainalytics carried out the assessments.
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.
