RailTel Corporation of India’s Independent Director Subhash Sharma, resigned
Dr. Subhash Sharma has tendered his resignation as an Independent Director from the Board of RailTel Corporation of India Limited with immediate effect on May 10, 2024, due to personal reasons.
APL Apollo Tubes Appoints Rajeev Anand & D. K. Mittal as Independent Directors
The Board of Directors of APL Apollo Tubes Limited appointed Rajeev Anand and Dinesh Kumar Mittal as Additional Directors (Non-Executive, Independent), both for three years with effect from May 11, 2024.
IndusInd Bank’s Independent Director T. T. Ram Mohan Retired
Indusind Bank Limited informed the stock exchange that Dr. T. T. Ram Mohan ceases to be the Non-Executive Independent Director of the bank, with effect from May 11, 2024, upon completion of his tenure.
Sebi is looking into allegations of “coerced” voting to delist ICICI Securities
The Securities and Exchange Board of India (Sebi) is currently probing allegations from minority shareholders of ICICI Securities who claim they were coerced by ICICI Bank's relationship managers to support delisting.
Whole Time Director Nemkumar H. Appointed as MD of IIFL Securities
The Board of Directors of IIFL Securities Limited confirmed the appointment of Nemkumar H., Whole-Time Director of the Company, as the Managing Director and Key Managerial Personnel (KMP) for five years, with effect from May 15, 2024.
Fifteen NBFCs have surrendered Registration certificates to RBI
According to the Reserve Bank of India (RBI), 15 NBFCs have surrendered their registration certificates for a variety of reasons, including Tata Capital Financial Services and Revolving Investments.
Belstar Microfinance and Sundaram Home Finance penalised by RBI
The Reserve Bank of India (RBI) announced on Friday that it had fined Belstar Microfinance Rs 3,10,000 and Sundaram Home Finance Rs 1,50,000 for not adhering to certain parts of the Know Your Customer (KYC) regulation, 2016.
Wipro’s APMEA Chief Anis Chenchah Steps Down, First Senior Exit Under Pallia
Anis Chenchah, the Head of Asia Pacific, the Middle East, and Africa (APMEA) at Wipro Limited, has stepped down, marking the first major departure since Srinivas Pallia took over as CEO last month.
Cholamandalam Financial Reappoints Vasudha Sundararaman & K Balasubramanian as Independent Directors
The Board of Directors of Cholamandalam Financial Holdings Limited has approved the reappointments of Vasudha Sundararaman and K Balasubramanian as Independent Directors for three years each, with effect from February 12, 2025, and March 17, 2025, respectively.
Tata Motors Appoints Bharat Puri & Reappoints Vedika Bhandarkar as Independent Directors
The Board of Directors of Tata Motors Limited, on May 10, 2024, has decided to appoint Bharat Puri as an Additional Non-Executive Independent Director for 5 years, with effect from May 15, 2024.
