Gautam Adani reappointed as Executive Chairman of Adani Enterprises for 5 years
Adani Enterprises’ board has approved the reappointment of Gautam S Adani as the Executive Chairman of the company for a duration of 5 years, beginning on December 1, 2023. Gautam Adani is presently serving his current term, which concludes on November 30. The managing director of Adani Enterp
Satish Gundewar resigned as CFO from DCB Bank
Effective June 3, 2023, Satish Gudewar will no longer serve as the Chief Financial Officer (CFO) of DCB bank, as he has tendered his resignation.
Pernod Ricard GTR’s leader Mohit Lal retires after 23 years
Mohit Lal, the current Chairman and CEO of Pernod Ricard Global Travel Retail (PRGTR), has announced his retirement after 23 years of service. Laurent Pillet, who is currently the Managing Director of Pernod Ricard Eastern Europe, will succeed Lal in September. Lal joined Pernod Ricard in 1999 and h
Ajay Banga confirmed as the next World Bank President
Ajay Banga has been confirmed as the next President of the World Bank, succeeding David Malpass. The appointment comes at a time when the bank is looking to reshape its role in tackling climate change. The World Bank Board voted to approve Banga’s leadership for a five-year term, during which
Satyavati Berera appointed on the Board of Dabur India Ltd
Effective June 1, 2023, Satyavati Berera has been appointed as an additional Non-Executive Independent Director on the Board of Dabur India Ltd for a term of five consecutive years. Satyavati Berera is an Economics Graduate from Lady Shri Ram College, Delhi University, and a fellow member of the Ins
Vasudha Sundararaman appointed as Director at Rane Engine Valve Ltd
As of today, Vasudha Sundararaman has been appointed as an Additional Director in the category of Non-Executive and Independent Director at Rane Engine Valve Limited. She holds a B.Sc in Zoology from Stella Mans College, Chennai, an M.Sc in Zoology from Madras University, and is certified as an Asso
Ashwin Kumar Pandya Ceased to be an Independent Director of NFL
Effective May 3, 2023, Pandya Ashwinkumar Balvantray has stepped down from his role as a Part-time Non-official Independent Director on the Board of the NFL.
Sunil Kumar Bansal resigned from the post of Company Secretary at Delhivery
Effective May 31, 2023, Sunil Kumar Bansal has resigned as Company Secretary & Compliance Officer from Delhivery. With over 6 years of experience, he is a highly organised logistics coordinator who has successfully coordinated and monitored supply chain operations.
Big Hedge Funds need to Report big Losses within 72 hours
The US Securities and Exchange Commission (SEC) has approved a new rule that requires large hedge funds to report significant investment losses to regulators within 72 hours. Prior to the recent rule change, hedge funds were only required to report their positions in quarterly public filings. The mo
Karnataka Bank appoints Sekhar Rao as interim MD and CEO
Karnataka Bank, a private bank located in Mangaluru, has received approval from the Reserve Bank of India (RBI) to appoint SekharRao, the bank’s executive director, as the interim Managing Director (MD) and Chief Executive Officer (CEO). The appointment is for a duration of three months starti
