More Corporate Boards Are Now Chaired By Independent Directors
Large companies in India, Jio Financial Services Limited and Asian Paints Limited, are appointing experienced individuals as chairmen to ensure fairness for everyone involved in their business.
RBI Mandates Two Whole-Time Directors for Indian Banks’ Boards
The Reserve Bank of India (RBI) has mandated that Indian banks must now include a minimum of two whole-time directors (WTDs) on their boards, including the managing director and chief executive officer (MD and CEO).
Adani Group Auditor Faces Scrutiny by NFRA in India
An auditor associated with the Adani Group is currently under investigation by India's accounting regulator, the National Financial Reporting Authority (NFRA).
TCS Received Notice From The Maharashtra Labour Ministry
India's largest IT services company, Tata Consultancy Services (TCS), has been questioned by the labour ministry of Maharashtra for delaying the hiring of experienced professionals.
Notice Issued 10 years after investigation, SC Asks SEBI To Probe Its Own Process
The Supreme Court came down heavily on the Securities and Exchange Board of India (SEBI) for issuing a show cause notice to a company 10 years after conducting an investigation.
Manisha Girotra Appointed Independent Director of Sona BLW
The Board of Directors of Sona BLW Precision Forgings Limited has approved the appointment of Manisha Girotra as an Additional and Independent Director of the Company with effect from January 1, 2024, for a period of 5 years, subject to the approval of the shareholders of the Company.
Murali Sivaraman Appointed as Independent Director of Welspun India
The Board of Welspun India Limited has approved the appointment of Murali Sivaraman as an Independent Director for a period of 4 years, with effect from November 1, 2023, pending shareholder approval.
Ruchie Khanna Appointed Company Secretary of Tech Mahindra
The Board of Tech Mahindra Limited has approved the appointment of Ruchie Khanna as Company Secretary (Designate) with effect from December 1, 2023, and as Company Secretary, Compliance Officer, and Key Managerial Personnel with effect from September 1, 2024.
Ajay Goel Appointed CFO of Vedanta
The Board of Directors of Vedanta Limited has approved the appointment of Ajay Goel as the Chief Financial Officer (CFO) and Key Managerial Personnel (KMP) with effect from October 30, 2023.
R S Rajagopal Sastry Resigns as CFO of ZF Commercial Vehicle Control Systems
R. S. Rajagopal Sastry has tendered his resignation as Chief Financial Officer and Key Managerial Personnel of ZF Commercial Vehicle Control System India Limited due to personal reasons.
