Wipro Reappoints Rishad Premji as Executive Chairman and Azim Premji as Non-Independent Director
The Board of Directors of Wipro Limited approved the reappointment of Rishad A. Premji as Whole-Time Director designated as Executive Chairman for a period of 5 years with effect from July 31, 2024.
Sham Kajale to relinquish Dy MD’s position at Sanghvi Movers and continue as CFO
Sham Dattatraya Kajale, Joint Managing Director and CFO of Sanghvi Movers Limited, has tendered a communication on April 19, 2024, to step down as Joint Managing Director of the company; however, he would continue as Chief Financial Officer.
Dhanlaxmi Bank Appoints Ajith Kumar K.K. As MD & CEO
The Board of Directors of Dhanlaxmi Bank Limited has approved the appointment of Ajith Kumar K.K. as the Managing Director and Chief Executive Officer of the bank for three years, with effect from the date of taking charge.
Capacite Infraprojects’ CEO – Operations Vishnudas G. Shanbhag Resigned
Vishnudas G. Shanbhag, CEO-Operations, Senior Management Personnel, of Capacite Infraprojects Limited, has resigned from the company on April 18, 2024.
Cerebra Integrated Technologies’ Independent Director Gopala Krishnan Seshadril Retired
Gopala Krishnan Seshadril Independent Director of Cerebra Integrated Technologies Limited, completed his tenure on March 31, 2024.
Ashish Bansal Appointed Head of Internal Audit at Bata India
Ashish Bansal has been appointed as Head of Internal Audit of Bata India Limited, with effect from April 22, 2024.
Canadian digital services taxes on multinational tech companies will go into effect in 2024
The government budget confirmed that Canada will move forward with imposing a tax on digital services on major technology companies.
Amazon’s Advertising Executive Colleen Aubrey Departs
Colleen Aubrey, an advertising executive at Amazon.com and a member of the elite internal committee that advises the CEO, is leaving the business to take up an unspecified role.
Google eliminates minimum wage and benefits regulations for vendors & employment agencies
Google announced on Friday its decision to reverse the requirement for U.S. suppliers and staffing firms to ensure their employees receive at least $15 per hour, along with health insurance and other benefits.
Macquarie Bank fined $6.4 million by Australia for failing to stop illegal third-party transactions
The Federal Court of Australia has levied a A$10 million ($6.4 million) fine against Macquarie Bank for its inadequate controls in identifying and preventing unauthorised fee transactions carried out by third parties on customer accounts, as stated by the securities regulator on Friday.