New Accounting Standards for Insurance Sector Soon
The government will shortly announce the new accounting standards for insurance contracts that will harmonise Indian standards with international standards and enable foreign investors to more accurately assess the risk exposure of local insurers.
Kirloskar Electric Appoints Vijay R Kirloskar as Executive Chairman
Kirloskar Electric Company Ltd appointed Vijay R Kirloskar as the Executive Chairman on 17th July 2023.
Three Independent Directors retired from Onward Technologies
Three independent directors of Onward Technologies Ltd Parish Meghani, Rahul Rathi, and Subrata Kumar Mitra are set to retire on 20th July 2023.
Company Secretary A. Srinivasa Rao resigns from Quick Heal Technologies
Srinivasa Rao the Company Secretary of Quick Heal Technologies Limited has resigned from his post on 17th July 2023.
Hindware Home Innovation Appoints Salil Kappoor as CEO
Salil Kappoor has been Appointed as the Chief Executive Officer of Hindware Home Innovation Limited on 17th July 2023.
Tilaknagar Industries’Company Secretary Dipti Todkar Resigns
Tilaknagar Industries Limited has announced the resignation of Company Secretary Dipti Todkar on 17th July 2023.
SAT overturns SEBI’s punishment of NSE and former CEOs in the Co-location case
The Securities Appellate Tribunal (SAT) has overturned market regulator SEBI’s order of February 2021. The Securities and Exchange Board of India (SEBI) had imposed a penalty of Rs 1 Cr on the NSE and a separate penalty of Rs 25 lakh each on the exchange’s former chiefs Ravi Narain and Chitra Ra
BF Investment appoints Gayatri Pendse Karandikar as Company Secretary
Gayatri Pendse Karandikar is appointed the Company Secretary & Compliance Officer of BF Investment Ltd on 17th July 2023. Her appointment will come into effect from 1 August2023. She replaces Satish Kshirsagar.
Karur Vysya Bank reappointed B Ramesh Babu as MD & CEO
The Reserve Bank Of India has approved the reappointment of B Ramesh Babu as Managing Director and Chief Executive Officer of Karur Vysya Bank on 15th July 2023.
After resigning as MD, Uday Kotak will be a non-executive Director on the Bank’s board
After leaving his full-time position at Kotak Mahindra Bank, billionaire banker Uday Kotak, the founder of India's fourth largest private sector lender, will become a non-executive board member. Kotak stated that the alignment and dedication of the shareholders, board, and management will help the b
