Anand Rathi Global Finance and Manappuram Fined for Non Compliance
The Reserve Bank of India (RBI) has fined Manappuram Finance and Anand Rathi Global Finance for not following certain rules.
Ajay Kumar Appointed Independent Director of Cyient DLM
The Board of Directors of Cyient DLM Limited has approved the appointment of Ajay Kumar as an Independent Director for a term of 3 years with effect from November 15, 2023, subject to the approval of shareholders.
Abhinav Dhall Appointed Executive Director of Dabur India
The Board of Directors of Dabur India Limited has approved the appointment of Abhinav Dhall as Executive Director for Group Corporate Strategy, with effect from November 20, 2023.
Infosys veteran Peeyush Dubey Appointed CMO of Tech Mahindra
Peeyush Dubey, an Indian IT services industry veteran, has been appointed the new Chief Marketing Officer of Tech Mahindra with effect from January 1.
Ashish Anupam Appointed Vice President – Long Products of Tata Steel
Ashish Anupam has been appointed as the Vice President – Long Products, of Tata Steel Limited, with effect from November 15, 2023.
Debopriyo Sengupta Appointed VP – Human Resources of Whirlpool of India
Debopriyo Sengupta, who is currently VP, Global Organisation Effectiveness of Whirlpool of India Limited, will take over the role of Vice President-Human Resources with effect from January 1, 2024.
RBI directs Bajaj Finance to cease lending through ‘eCOM’ and ‘Insta EMI Card’
The banking sector regulator, the Reserve Bank of India (RBI), has taken action under Section 45L(1)(b) of the RBI Act of 1934 and mentioned that Bajaj Finace Limited must follow their instructions with “immediate effect".
Four Companies Fined For Delay In Appointing Female Directors
The Ministry of Corporate Affairs (MCA) recently fined four companies within the last two months for not appointing female directors within the required time frames according to the Companies (Appointment and Qualification of Directors) rules.
NFRA Is Joining IFIAR To Enhances Global Audit Oversight
In a noteworthy development, India's National Financial Reporting Authority (NFRA), an independent audit regulator, has officially joined the International Forum of Independent Audit Regulators (IFIAR), as reported on NFRA's LinkedIn page.
Swayantani Ghosh Appointed Chief Sustainability & CSR Officer of Mahindra Logistics
The Board of Directors of Mahindra Logistics Limited has approved the appointment of Swayantani Ghosh as Chief Sustainability and CSR Officer and Senior Management Personnel with effect from November 16, 2023.
