Hindalco Industries Reappoints Sudhir Mital as Independent Director
On May 25, the Board of Directors of Hindalco Industries Limited approved the reappointment of Sudhir Mital as an Independent Director for five years, with effect from November 11, 2024.
United Spirits Appoints Amrita Gangotra as Independent Director
The Board of Directors of United Spirits Limited has approved the appointment of Amrita Gangotra as a Non-Executive Independent Director with effect from September 1, 2024.
Ashok Leyland Appoints V. Sumantran as ID & K. M. Balaji as CFO
The Board of Directors of Ashok Leyland Limited has appointed Dr. Venkataramani Sumantran as an Additional Director (Non-Executive, Independent) with immediate effect.
Torrent Pharma reappoints Samir Mehta as Executive Chairman, inducts Jinal Mehta to the Board
The Board of Torrent Pharmaceuticals Limited has approved the appointment of Jinal Mehta as Non-Executive Non-Independent Director with effect from May 24, 2024.
James Gorman, executive chairman of Morgan Stanley, will retire at the end of the year
At Morgan Stanley's annual shareholder meeting on Thursday, executive chairman James Gorman announced he would step down on December 31.
JPMorgan Announces AI Training for All New Hires
JPMorgan Chase & Co. is providing new employees with training in artificial intelligence, a technology CEO Jamie Dimon has compared to the revolutionary impact of the printing press and steam engine.
Tesla shareholders To Oppose CEO Elon Musk’s $56 billion compensation package
A coalition of Tesla Inc. shareholders is urging fellow investors to reject a $56 billion pay package for CEO Elon Musk at the company’s annual meeting on June 13.
Norway’s Wealth Fund to vote against Exxon Chairman and Director
Norway's $1.6 trillion sovereign wealth fund announced on Friday that it will vote against the reappointment of Joseph Hooley, lead Independent Director of ExxonMobil, due to the company's lawsuit targeting climate activist investors.
A BlackRock whistleblower files a lawsuit after getting fired
BlackRock is being sued for $20 million by former vice president Hamdan Azhar, who claims he was fired for objecting to a colleague's self-dealing and shutting down a search engine that monitored client discussions about illegal investments, including those in China.
JK Lakshmi Cement Appoints Shwetambara Shroff Chopra as Independent Director
On May 23, 2024, the Board of Directors of JK Lakshmi Cement Limited approved the appointment of Shwetambara Shardul Shroff Chopra as an Additional Director in the category of Independent Director for three years, with effect from July 2024.