Vanguard Follows BlackRock in Opposing ESG Proposals by Shareholders
In a recent development, Vanguard has joined BlackRock in declining proposals related to environmental, social, and governance (ESG) matters put forward by shareholders.
Standard Chartered Appoints De Giorgi as CFO; Andy Halford Set to Step Down
Standard Chartered, a renowned banking institution, has appointed Giuseppe De Giorgi as its Chief Financial Officer (CFO).
US Private Funds Industry Takes Legal Action against Securities Regulator over New Rules
In a recent development, the U.S. private funds industry has taken legal action against the Securities and Exchange Commission (SEC) regarding new regulations introduced in September 2023.
Canada Attempts to Resolve Concerns over New Legislation, Facebook Remains Skeptical
Canada is taking steps to address concerns raised by Google and Facebook regarding a new online news law. The law, introduced in 2023, aims to regulate online news content.
Uday Kotak, MD and CEO of Kotak Mahindra Bank Steps Down
Uday Kotak ceased to be the Managing Director and Chief Executive Officer of Kotak Mahindra Bank, owing to his resignation from the post. He will be a Non-Executive Director of the Bank with effect from 1 September 2023.
WILL Women on Boards: Series & Certification
WILL Forum India CEO Poonam Barua has announced the next event in the 'WILL Women on Boards: Series & Certification'.
Enterprise Business Travel – Why do Indian boards and corporate leadership need to focus on this opportunity?
Historically Indian corporate boards and leadership have had very limited engagement with Enterprise Business Travel (EBT). This is despite this spend category being amongst the largest controllable spends within the corporate budget.
BSE and NSE penalise Dish TV for having a weak board
According to a regulatory filing by the firm, BSE and National Stock Exchange have penalised DTH operator Dish TV for the makeup of the Board and lack of quorum at its Board meeting.
SEBI prohibits Brightcom’s auditors from engaging with the company, bars CMD and CFO from board positions
Market regulator SEBI issued an interim order against Brightcom Group (BGL) on August 22, demanding that the company cease any engagement with its statutory auditors, P. Murali & Co. and PCN & Associates, along with their present and past partners, until further notice.
Atul Garg gets another term as the Managing Director of GRM Overseas
GRM Overseas announced the reappointment of Managing Director Atul Garg with effect from 29th September 2023. Also, Mamta Garg is reappointed as an Executive Director and Raj Kumar Garg as Independent Director.