CCI has cleared the IndusInd Bank-Reliance Capital deal
IndusInd International Holdings Ltd., IIHL BFSI (India) Ltd., and Aasia Enterprises received approval to acquire stakes in Reliance Capital from the Competition Commission of India on Wednesday.
OpenAI and Microsoft sued by NYT for copyright infringement
On Wednesday, The New York Times filed a lawsuit against OpenAI and Microsoft, alleging the use of millions of the newspaper's articles without permission to train chatbots to provide information to their users.
S. Sunder Krishnan Appointed as Chief Risk Officer at LIC
S. Sunder Krishnan has been appointed as Chief Risk Officer (Key Managerial Personnel) of the Life Insurance Corporation of India (LIC) with effect from December 27, 2023.
Vardhman Polytex’s VP – Technical & SCM Amitabh Singh Dagar Resigns
Amitabh Singh Dagar has tendered his resignation from the post of Vice President (Technical and SCM) of Vardhman Polytex Limited with effect from January 13, 2024, due to personal reasons.
Hearty Welcome to Vahura – A Leading Governance Executive Search Firm
Vahura is renowned for its expertise in talent search and strategic consulting, particularly in governance.
Wipro Takes Legal Action Against Former CFO Jatin Dalal for Joining rival Cognizant
A suit has been filed in Bengaluru's civil court against Wipro's former CFO, Jatin Dalal, following which Dalal has requested an arbitration.
C.S. Rajan’s Appointment as Chairman of Kotak Mahindra Bank Approved by RBI
C. S. Rajan has been appointed as part -time Chairman of Kotak Mahindra Bank with effect from January 1, 2024, for a term of two years.
Major leadership changes expected in the financial sector in 2024
According to a report in the Business Standards, the Indian financial sector is poised for significant leadership changes in 2024.
Antony Jacob Appointed as Non-Executive Independent Director at ICICI Lombard
The Board of Directors of ICICI Lombard General Insurance Company Limited has approved the appointment of Antony Jacob as an Additional Director in the category of Non Executive, Independent Director for a term of five years with effect from January 1, 2024.
Gabriel India Appoints Anand Sontakke as COO and Abdul Wahid as Head – Quality
The Board of Directors of Gabriel India Limited has approved the appointment of Abdul Wahid as Head of Quality, with effect from January 01, 2024.