PCAOB 2026 Budget Includes Pay Reductions For Board & Senior Staff
The Public Company Accounting Oversight Board (PCAOB) will implement significant pay reductions for its Chair and Board Members under the 2026 budget proposal.
EU Expands Carbon Border Levy To Car Parts & Household Appliances
The European Union will extend its Carbon Border Adjustment Mechanism (CBAM) to cover car parts, refrigerators, washing machines, construction products, power transformers, cables, and farming machinery, according to draft documents.
Elon Musk Regains Control & Pay Package In Tesla Court Victory
Elon Musk’s 2018 Tesla pay package, originally worth USD 56 billion, was reinstated by the Delaware Supreme Court on Friday, now valued at about USD 139 billion based on Tesla’s stock price.
EU Approves Omnibus I Package, Delays Due Diligence Rules Until 2029
The EU Parliament approved the Omnibus I package, limiting the scope of the Corporate Sustainability Reporting Directive (CSRD) and Corporate Sustainability Due Diligence Directive (CSDDD).
Dina Powell McCormick Resigns From Meta Board, May Remain Adviser
Dina Powell McCormick stepped down from Meta Platforms’ Board of Directors just eight months after joining.
Joe DePinto Steps Down As 7-Eleven CEO, Board Seeks Successor
Joe DePinto will retire as Chief Executive Officer (CEO) of 7-Eleven Inc. after 20 years leading the company.
CCI Probes IndiGo Over Flight Cancellations & Market Dominance
The Competition Commission of India (CCI) has initiated a review of IndiGo after the airline cancelled nearly 5,000 flights earlier this month, affecting thousands of passengers.
Malavika R. Harita Joins Axis Bank As Independent Director
Malavika R. Harita has been appointed as an Independent Director (Additional Director) of Axis Bank Limited with effect from December 18, 2025, subject to the approval of shareholders.
Pradeep Udhas & Hitesh Sohanlal Jain Join Kajaria Ceramics As Independent Directors
Pradeep Udhas and Hitesh Sohanlal Jain have been appointed as Non-Executive Independent Directors (Additional Directors) of Kajaria Ceramics Limited, effective December 19, 2025, subject to approval of the members of the company.
Gurumoorthy Mahalingam Appointed As Independent Director Of Thomas Cook India
Gurumoorthy Mahalingam has been appointed as Non-Executive Independent Director (Additional Director) of Thomas Cook (India) Limited w.e.f. December 19, 2025, subject to the approval of the shareholders.
