SEC Implements New Short Selling Rules for Greater Transparency
In response to the volatile GameStop trading episode earlier this year, the U.S. Securities and Exchange Commission (SEC) has greenlit stringent rules designed to enhance transparency in short-selling practices.
OSHA Proposes $270,000 Fines for GM and LG Energy Battery Plant Over Safety Violations
The Occupational Safety and Health Administration (OSHA) has recommended fines totaling $270,000 for the General Motors and LG Energy Solution joint venture battery plant, Ultium Cells, located in Ohio.
Anjaneyulu Ganji Resigns as CFO of Dodla Dairy
Anjaneyulu Ganji, Chief Financial Officer (CFO) and key managerial personnel (KMP) of Dodla Dairy Limited, has tendered his resignation due to personal reasons and will be relieved from his position on November 30, 2023.
Deepu Bansal Appointed Independent Director of ZEEL
Deepu Bansal has been appointed as an additional Independent Director of Zee Entertainment Enterprises Ltd. (ZEEL) with effect from October 13, 2023, for a term of 3 years.
Rutuja Jagtap Appointed Independent Director Of Praj Industries
The Board of Directors of Praj Industries Limited has approved the appointment of Rutuja Jagtap as a Non-Executive Independent Director of the company.
Srikanth P Appointed CFO of Kernex Microsystems
The Board of Directors of Kernex Microsystems (India) Limited has approved the appointment of Srikanth P as Chief Financial Officer of the Company with effect from October 25, 2023.
Leadership Changes at Reliance Home Finance
Chhaya Virani and Rashna Khan, Independent Directors of Reliance Home Finance Limited, have resigned from the Board of Directors of the Company with effect from October 12, 2023.
Nitin Paranjpe Appointed as Independent Director of Infosys
Nitin Paranjpe has been appointed as an Additional and Independent Director for Infosys Limited, with effect from January 1, 2024, for the period of 5 years, pending shareholders approval.
TCS Announces Board and Management Updates
Tata Consultancy Services (TCS) has announced the reappointment of Hanne Birgitte Breinbjerg Sorensen and Keki Minoo Mistry as Independent Directors and has also appointed Al-Noor Ramji as a new Independent Director.
Bhawna Agarwal Resigns as Independent Director of Max India
Bhawna Agarwal has tendered her resignation as an Independent Director of Max India Limited (MIL), with effect from October 12, 2023, due to her other professional commitments.
