Kadambi and Mungale resign from Mahindra CIE Board
Narahari Kadambi ceases to be an Independent Director at Mahindra CIE Automotive Limited effective today.
BLS International Services Ltd ID Ram Prakash Bajpai resigns
Dr. Ram Prakash Bajpai has tendered his resignation as an Independent Director at BLS International Services Ltd, effective from June 9, 2023.
Vesuvius India Limited appoints Saheb Ali as CS
On June 9, 2023, Saheb Ali was appointed as the new Company Secretary of Vesuvius India Ltd. Saheb Ali is an Associate Member of the Institute of Company Secretaries of India and holds a Law Degree.
Amit Suthar resigns as CS of Veritas (India) Ltd
Veritas (India) Ltd has announced the resignation of Amit Suthar, Company Secretary and Compliance Office effective June 9, 2023.
OpenAI CEO Urges Global Cooperation for AI Regulation
During his visit to South Korea, Sam Altman, the CEO of OpenAI, advocated for global collaboration in regulating generative artificial intelligence.
UBS and Swiss Government Reach Credit Suisse Loss-Sharing Agreement
UBS and the Swiss government have agreed on how they will share losses linked to the bank’s emergency takeover of Credit Suisse, which will create a giant Swiss bank. The agreement clears the way for the takeover to close within days.
HCC appoints Arun karambelkar & Aditya P Jain as Directors
Arun Karambelkar has been appointed as an Independent Director at Hindustan Construction Co. Limited for a period of five years, starting from June 7, 2023.
Rival Business Council Launched to Challenge Crisis-Hit CBI
The British Chambers of Commerce (BCC) has established a new Business Council, featuring several major UK companies as its founding partners, with the goal of shaping the future of the British economy.
Schneider Electric MD and CEO Sanjay Sudhakaran resigns
Sanjay Sudhakaran, has tendered his resignation from the post of Managing Director & Chief Executive Officer at Schneider Electric Infrastructure Limited effective June 8, 2023.
Government Explores Customised IBC Resolutions for Real Estate Sector
According to a report by the Economic Times (ET), the government is considering making changes to the insolvency law in order to facilitate customised resolutions for insolvent residential real estate projects.