Boeing Shareholders Approve Outgoing CEO Dave Calhoun’s Nomination to the Board
Boeing shareholders have voted to re-elect outgoing CEO Dave Calhoun to the Board of Directors, a preliminary count on Friday indicated, as he aimed to assure investors of the company's path to stability amidst its latest safety crisis.
Treasury Department to Combat Illicit Finance with Automation and Innovation
The Treasury Department’s 2024 national illicit finance strategy, released on May 16, emphasises closing regulatory gaps to combat money laundering in the U.S. banking system.
Proxy adviser Glass Lewis advises Hess stockholders to accept the Chevron offer
Proxy adviser Glass Lewis has recommended that Hess shareholders vote in favour of Chevron's $53 billion all-stock offer at the special meeting on May 28.
Thomas Rabe, Chairman of Adidas, has been re-elected for another year
A majority of Adidas shareholders’ have endorsed the re-election of chairman Thomas Rabe during the company's annual general meeting (AGM), extending his term and marking his fifth consecutive year in the position.
New Age Board Activism: Heralding Better Corporate Governance
According to Section 149(1) of the Companies Act 2013, a company in India must have a Board of Directors with a minimum of three Directors in a public company, two in a private company, and one Director in a one-person company.
SEBI Proposes a Multi-Regulator Approach for Crypto Trading, Differing From RBI’s Concerns
India's market regulator, the Securities and Exchange Board of India (SEBI), has proposed that multiple regulators oversee cryptocurrency trading, according to documents, marking the clearest indication yet that some authorities in the country may be open to the use of private virtual assets.
Akash Passey to Chair ZF Commercial Vehicle’s Board Neeraj Sagar Appointed as ID
The Board of Directors of ZF Commercial Vehicle Control Systems India Limited has approved the appointment of Akash Passey as a Non-Executive Non-Independent Director as well as the Chairperson of the Board with effect from May 22, 2024.
V-Mart Retail’s Suchishree Mukherjee Resigned as CEO of LimeRoad
Suchishree Mukherjee, CEO of LimeRoad has tendered her resignation from the services of V-Mart Retail Limited with effect from May 16, 2024.
India leads the Asia Pacific in Adoption of generative AI technologies: Deloitte survey
Deloitte's report, "Generative AI in Asia Pacific: Young Employees Lead as Employers Play Catch-Up," highlights India's exceptional engagement with Generative AI (GenAI).
Ex-LTIMindtree Veteran Vinit Teredesai Joins Persistent Systems as New CFO
Persistent Systems has announced the appointment of Vinit Teredesai as the new Chief Financial Officer (CFO) with immediate effect, two months after he resigned from his position as CFO at LTIMindtree.