X, Meta, and TikTok sue Ohio over new law limiting kids’ access to social media
A trade association, including TikTok, Snapchat, and Meta, has initiated legal proceedings against the state of Ohio, challenging a forthcoming law mandating parental consent for children using social media apps.
Prominent Investor extends support to Disney management
The Walt Disney Company announced this week that ValueAct Capital, a prominent activist hedge fund, is supporting the company amid a Board challenge from billionaire financier Nelson Peltz.
“His hypocrisy convinces no one,” Elon Musk says of Mark Cuban over DEI
Elon Musk criticised Mark Cuban on Thursday for strongly supporting DEI (diversity, equity, and inclusion) initiatives in corporate America.
Nippon Life India Asset Management Appoints Amol Bilagi as Interim CFO
The Board of Directors of Nippon Life India Asset Management Limited has approved the appointment of Amol Bilagi, who is currently serving as National Lead-Finance and Accounts, to the post of Interim Chief Financial Officer (CFO) with immediate effect on January 4, 2024.
Coforge Appoints Saurabh Goel as CFO
The Board of Directors of Coforge Limited has appointed Saurabh Goel as the Chief Financial Officer (CFO) and Key Managerial Personnel (KMP) with effect from January 5, 2024.
SAT Left With Only One Member; Vacancy May Affect Work
Securities and Appellate Tribunal (SAT) presiding officer and judicial member, Justice Tarun Agarwala, retired last week, leaving the quasi-judicial bench with only one judge and potentially affecting the operation of the tribunal that hears appeals against capital market regulator's orders.
Govindayapalli Rao Appointed as Executive Director at SEBI
The capital market regulator, the Securities and Exchange Board of India (SEBI), has appointed Govindayapalli Ram Mohan Rao as its Executive Director for a term of three years.
Chartered Accountant Fined Rs 50 lakh by NFRA
The National Financial Reporting Authority (NFRA) has imposed a Rs 50 lakh penalty on Chartered Accountant Pawan Jain, a partner at M/s Kumar Jain & Associates.
Bharat Petroleum Appoints New Executive Directors
Bharat Petroleum Corporation Limited has promoted several senior managers to Executive Director (ED), one level below the Board of Directors, with effect from January 1, 2024.
Adani Port & SEZ’s elevates CEO Karan Adani To MD
The Board of Directors of Adani Ports and Special Economic Zone Limited has approved the elevation of Karan Adani from the post of Whole-Time Director and CEO to the post of Managing Director with effect from January 4, 2024.
