Amazon hit with a lawsuit for Prime Video ad fees
A lawsuit is filed against Amazon in California for asking additional payment from Prime subscribers for ad free content.
Pennar Industries Appoints V. S. Parthasarathy as Non-Executive Independent Director
The Board of Pennar Industries Limited has appointed V. S. Parthasarathy as an Additional Director in the capacity of Non-Executive, Independent Director with immediate effect for a period of five years, subject to the approval of the members of the company.
ICAI Appoints Ranjeet Kumar Agarwal as President & Charanjot Nanda is the new VP
Ranjeet Kumar Agarwal has been appointed as President of the Institute of Chartered Accountants of India (ICAI), the apex body of the Chartered Accountants.
Bajaj Finance Re-appoints Naushad Forbes as Independent Director
The Board of Directors of Bajaj Finance has recommended to the shareholders the reappointment of Dr. Naushad Forbes as a Non-Executive Independent Director for a second term of five years, with effect from April 1, 2024.
Automotive Axles’s Independent Director Shalini Sarin Retired
Shalini Sarin, Non-Executive Independent Director of Automotive Axles Limited, has completed her tenure and ceased to be an Independent Director with effect from February 12, 2024.
Heidelberg cement India’s Independent Women Director Jyoti Narang Appointed as Chairperson
Jyoti Narang, Independent Women Director, has been appointed as the new Chairperson of Heidelberg Cement India Limited, with effect from February 12, 2024.
Whole-time Director Rajendra Kalkar and CFO Anuraag Srivastava resigned from The Phoenix Mills
The Board of Directors of Phoenix Mills Limited has approved the resignations of Rajendra Kalkar from the posts of Whole-time Director and Anuraag Srivastava as Chief Financial Officer (CFO) and KMP.
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.