Zerodha Asset Fined Over Delay in Appointing CFO
The Ministry of Corporate Affairs (MCA) has fined Zerodha Asset Management Private Limited and its key Directors, including founder Nithin Kamath, for not appointing a Chief Financial Officer (CFO) within the required timeframe, thereby violating the law.
Aerospace Veteran Robert Ortberg Appointed As New CEO Of Boeing
Boeing has appointed Robert "Kelly" Ortberg as its new Chief Executive Officer (CEO), succeeding Dave Calhoun. Ortberg, an aerospace industry veteran, will begin his role on August 8.
CISA Appoints Lisa Einstein As It’s First Ever Chief AI Officer
The Cybersecurity and Infrastructure Security Agency (CISA) has appointed Lisa Einstein as its inaugural Chief Artificial Intelligence Officer, which the agency shared exclusively with Axios.
Nvidia Faces DOJ Antitrust Probe Amidst Rival Complaints In AI Chip Market
According to The Information, Nvidia is allegedly the subject of an investigation by the US Department of Justice as a result of complaints from rival companies about purported antitrust violations in the AI chip industry.
Character.AI Founders Rejoin Google With A New Ai Partnership
The founders of Character.AI, a leading artificial intelligence (AI) startup, is returning to Google through a new partnership.
A Republican Leader Demands Answers From Investors On ESG Goals
Jim Jordan, the Republican Chair of the U.S. House Judiciary Committee, has sent letters to over 130 investors, demanding clarity on their environmental, social, and governance (ESG) goals.
US Sues TikTok for Allegedly Collecting Children’s Data Without Consent
The U.S. Justice Department has filed a lawsuit against TikTok and its parent company, ByteDance, alleging that they unlawfully collected personal data from children.
Paradox: Board Stewardship for Trust in Corporate Governance
Indian corporates stand at a crossroads. The choice is clear: embrace a new model of Board stewardship that prioritises stakeholder trust, or risk falling behind in an increasingly transparent and accountable global market.
Sutapa Banerjee Reappointed as Independent Director of Godrej Properties for second term
On July 31, 2024, the members of Godrej Properties Limited approved the reappointment of Sutapa Banerjee as a Non –Executive, Independent Director for the second term of five years, with effect from November 5, 2024.
M&M Appoints Padmasree Warrior as ID; Reappoints Shikha Sharma
The shareholders of Mahindra & Mahindra Limited have approved the appointment of Padmasree Warrior as an Independent Director for a term of five years commencing on May 17, 2024.