Shriram Finance Appoints Gokul Dixit & M. V. Bhanumathi as Independent Directors
The Board of Directors of Shriram Finance Limited, on June 1, 2024, has approved the appointment of Gokul Dixit and M. V. Bhanumathi as Additional Directors in the category of Non-Executive Independent Directors for five years commencing on June 1, 2024.
SBI’s Sumit Phakka To Join IDBI Bank as Deputy MD
The Board of Directors on June 1, 2024, has approved the appointment of Sumit Phakka as Deputy Managing Director on the Board of IDBI Bank Limited for a period of 3 years, with effect from the date of taking charge as specified in the RBI approval received in this regard.
The GST appeals process will be entirely digital
A senior official confirmed that the GST Appellate Tribunal (GSTAT) dispute resolution process will be digitalised by the Goods and Services Tax Network (GSTN).
Geena Malhotra Global Chief Technology Head of Cipla has retired
On May 31, 2024, Cipla announced the retirement of Geena Malhotra, the Global Chief Technology Officer and Senior Management Personnel.
Swati Rustagi CHRO of Paytm steps down
According to a report, Swati Rustagi, who served as the Chief Human Resources Officer (CHRO) at One97 Communications Paytm Limited, has resigned from her position and is currently in her notice period.
Audit Committees of corporate Boards cannot avoid culpability by blaming auditors: NFRA Chief
The Chairman of the National Financial Reporting Authority (NFRA), Ajay Bhushan Prasad Pandey, emphasised that a company's Audit Committee, primarily composed of Independent Directors, cannot shirk its responsibility for ensuring accurate financial statements, even if auditors fail in their duty.
Fino Payments Bank’s Chief Sales Officer Ashish Ahuja Resigned
Ashish Ahuja, Chief Sales Officer and Senior Management Personnel of Fino Payments Bank Limited, has tendered his resignation on May 30, 2024, in order to pursue certain other opportunities outside the bank.
J.K. Cement’s Business Head – Paints & Wall Putty Niranjan Mishra Retired
Niranjan Mishra, a Senior Management Personnel functioning as Business Head — Paints and Wall Putty Division of J.K. Cement Limited, retired on May 31, 2024, on attaining the age of superannuation.
Unichem’s CFO Sandip Ghume Resigned
Sandip Ghume, Deputy Chief Financial Officer and Key Managerial Personnel of Unichem Laboratories Limited has resigned due to personal reasons. His resignation will be effective on June 30, 2024.
Biden Vetoes Congressional Resolution Overturning SEC Crypto Guidelines
President Joe Biden vetoed a resolution on May 31 that sought to overrule the U.S. Securities and Exchange Commission's (SEC) Staff Accounting Bulletin (SAB) No. 121, a move that has drawn significant criticism from the cryptocurrency industry.
