Vinay Sarin appointed Independent Director of Hindustan Composites
Hindustan Composites Ltd announced the appointment of Vinay Sarin as the Non-Executive Independent Director on 30th June 2023. Raghu Mody has also been reappointed as Non-Executive Director.
Coal India announced P M Prasad as Chairman & Managing Director
Coal India Limited (CIL) announced the appointment of P M Prasad as Chairman & Managing Director on 1st July, 2023. He is replaced by Pramod Agarwal.
Sanjay Sudhakaran appointed Managing Director of Johnson Controls-Hitachi
Johnson Controls-Hitachi Air Conditioning India Ltd has made several announcements regarding appointments and resignations.
PTC India has appointed Rajiv Ranjan Jha as Nominee Director
PTC India announced Rajiv Ranjan Jha as a Nominee Director on 1st July 2023. Rajiv Ranjan Jha, aged 57, is the Nominee Director of Power Finance Corporation Limited (PFC) on the PTC Board.
Tamil Nadu Newsprint announced the resignation of Independent Director Soundara Kumar
Soundara Kumar the Independent Director of Tamil Nadu Newsprint & Papers Ltd has announced his resignation on 30th June 2023.
Parthasarathy Srinivasa Independent Director of Allcargo Logistics resigns
Allcargo Logistics Ltd announced the resignation of Non-Executive Independent Director Parthasarathy Srinivasa on 30th June 2023.
FTC Introduces Stringent Fines for Companies Utilising Fake Reviews
The Federal Trade Commission (FTC) is suggesting an official ban on the utilisation of fake reviews and testimonials. Additionally, companies would be forbidden from artificially increasing their social media metrics by employing fake followers and views.
Ministry of Consumer Affairs Urges Digital Commerce Giants to refrain from using dark patterns
The Ministry of Consumer Affairs (MCA) has taken action by sending a letter to major digital commerce companies, including Amazon, Flipkart, Nykaa, BigBasket, Reliance Retail, Swiggy, Meesho, and others.
HSBC to Lead Arrangement of Shriram Finance’s $150 Million Social Loan
Shriram Finance, India's second-largest independent non-bank lender in terms of advances, has revealed its intention to raise a minimum of $150 million through a social loan.
Deepak Parekh Bids Adieu
Deepak Parekh, a pioneering figure in the mortgage-lending industry at the age of 78, is set to retire with a sense of accomplishment.